Author: NBTC

During a recent appearance at the 2024 Financial Markets Quality (FMQ) Conference, Stuart Alderoty, chief legal officer at Ripple, noted that cross-border payments have always been the company’s core product. Now, however, Ripple is also heavily betting on custody and the stablecoin sector. “We are going all-in on all three pillars,” he stressed. The company is also interested in the tokenization of real-world assets, which has emerged as a new trend. As soon as the regulatory cloud is lifted, Alderoty expects Ripple to become the number one source for enterprise crypto solutions in the U.S. “Ripple has always been a…

Chris Larsen, the co-founder of Ripple, forecasts pivotal regulatory shifts in the cryptocurrency sector. During a recent dialogue with CNBC, he criticized Senator Elizabeth Warren’s aggressive stance against crypto, suggesting that it has driven leadership away from the United States to regions like Singapore. He argued that these policies have not effectively shielded American consumers from risks, citing the FTX collapse as a prime example. Contents hide 1 Are Current Regulations Stifling Innovation? 2 Will Bipartisan Support Change the Landscape? Are Current Regulations Stifling Innovation? Larsen believes that existing regulatory frameworks are hindering the U.S. from being a front-runner in…

Binance has announced that it will be adding Kaia (KAIA) to its platform listings, including Binance Simple Earn, “Buy Crypto”, Binance Conversion, and Binance Margin. Binance Lists Kaia (KAIA) on Multiple Platforms Starting at 11:00 AM on October 31, Binance Simple Earn will list KAIA on its Flexible Products, allowing users to subscribe and earn returns with greater flexibility. Users will be able to purchase KAIA with multiple payment options including VISA, MasterCard, Google Pay, and Apple Pay, or directly with their wallet balance on Binance’s “Buy Crypto” page. This feature will be available within an hour after KAIA becomes…

The price of the flagship cryptocurrency Bitcoin (BTC) has fallen by more than 5% over the past week to now trade at around $56,500 after trading above the $64,000 late last month. A technical indicator, however, is now suggesting it can keep on dropping. According to popular cryptocurrency analyst Ali Martinez, Bitcoin’s 2-month chart shows that its Stochastic Relative Strength Index (RSI) has signaled a “trend reversal from bullish to bearish.” Per the cryptocurrency analyst over the past 10 years, data shows that this trend reversal has “preceded a significant correction of around 75.5%.” An important observation on the #Bitcoin…

According to reputed analyst Eric Balchunas, T-REX 2X Long MSTR Daily Target ETF (MSTU) is already up an impressive 225%. The product, which was launched just six weeks ago, already has roughly $1 billion in assets under management. MSTU had a rather successful start with more than $70 million worth of inflows during its very first week of trading. As the name suggests, the ETF is meant to double the performance of the red-hot MSTR stock. Bolstered by the incredible success of the underlying stock, MSTU has shown impressive performance over the past few weeks. As reported by U.Today, MicroStrategy…

Binance lists five TON tokens, surprising the market. Colin Wu and WuliGy discussed the TON ecosytem and how it interacts with exchanges like Binance. New markets and new users from this popular social media app can offer great benefits to exchanges. Binance Targets New Markets on Telegram On an episode of the Wu Blockchain podcast, Colin Wu sat down with WuliGy to discuss one question: why is Binance listing so many TON tokens? Binance has endured price shakeups at the same time after listing the NEIRO meme coin, so this and other questions are especially relevant to the broader market.…

The United States Securities and Exchange Commission (SEC) issued a Wells notice to Immutable within the last month, a company spokesperson told Decrypt on Thursday, warning the Ethereum gaming platform’s maker that it could soon face an enforcement action. The company said in a statement that the regulator also sent a letter detailing alleged violations of securities laws to the company’s CEO James Ferguson, alongside the Digital Worlds Foundation, which helped issue Immutable’s IMX token. While the company claims that the SEC did not specify the alleged misconduct in full, Immutable believes the allegations are rooted in IMX sales from…

A high-stakes bettor known as “GCottrell93” has intensified wagers on former President Donald Trump’s chances of winning the upcoming U.S. presidential election. The election is coming near with every passing day and so is the amount bet on election win. The election is scheduled for 5th of November 2024. The chance of #Trump winning the US election has risen to 67%, 34% higher than #Harris.Whale”GCottrell93″ withdrew another 1M $USDC from #OKX to bet on #Trump winning the US election.GCottrell93 has spent $8.8M betting on #Trump winning the US election in the past 7 days.… pic.twitter.com/UJVP6k4o2o — Lookonchain (@lookonchain) October 30,…

As Bitcoin gains traction within the Republican Party, notably championed by former President Donald Trump, lawmakers are increasingly positioning the cryptocurrency as a cornerstone for US economic growth. US Senator Cynthia Lummis is at the forefront of this movement, advocating for the Bitcoin Act, which aims to establish a strategic Bitcoin reserve for the United States. A Bold Solution For Fiscal Crisis In a recent interview with Bankless, Lummis articulated her vision for the Bitcoin Act, highlighting its potential to address the nation’s staggering $35 trillion debt, which she argues has no viable solutions under current fiscal policies. Lummis believes…

Shiba Inu investors could see massive returns on a $1,000 investment if SHIB manages to rally 1,000%, 10,000% or 100,000%. For context, Shiba Inu rallied by a massive 45,131% in January 2021 alone. A CoinGecko report from last May put some useful context to this rally. According to the report, a $12 investment in SHIB yielded $1 million in 2021, representing an 8,333,233% increase. Despite Shiba Inu’s drop from its all-time high of $0.00008845 in October 2021, data from market tracker CoinMarketCap suggests that the dog-themed token is currently up 1,028,241% from its opening price in August 2020. However, over…