Author: NBTC
Main Takeaways Binance is committed to responsible growth and strong regulatory compliance, seeing it as a key component of protecting its users and the wider ecosystem. Throughout 2024, we have been expanding our compliance and risk teams, focusing on both the quantity and quality of hires to meet the demands of a maturing crypto sector. The addition of new leaders with extensive experience in financial crime prevention, compliance governance, special investigations, and more has strengthened Binance’s ability to navigate complex regulatory environments and support its compliance initiatives. As global crypto adoption continues to ramp up, Binance stands at the forefront…
Sminston With, a crypto analyst, has predicted that Bitcoin’s (BTC) price could surpass $200,000. This forecast came on the same day that the Bitcoin price failed to hit the widely expected $70,000 mark. However, With suggests that the prediction might not come to pass this year or next. In this analysis, the platform reveals how the analyst arrived at this conclusion and whether Bitcoin has a chance of hitting this target. Bitcoin Decay Model Suggests Higher Highs, Analyst Reveals On Monday, October 21, With posted on X (formerly Twitter), saying that BTC could hit between $199,106 and $207,623. The analyst…
Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, according to Ultrasound.money data. Ethereum’s current inflation rate is 0.35%. The increase has brought the total supply to 120.4 million ETH, leaving just under 95,000 ETH to match the levels seen at the Ethereum Merge in Sept. 2022. ETH’s nearly two years of supply reduction have been wiped out in just seven months since EIP-4844, also known as Dencun or Proto-Danksharding. How Dencun altered Ethereum’s supply dynamics The Dencun update introduced significant changes that reduced…
Stablecoins are an important part of the cryptocurrency economy and the decentralized finance (DeFi) ecosystem, currently dominated by two corporations. One of them, Circle’s USDC, raised its redemption fees for the second time in 2024, driving demand for stablecoin alternatives. As Bloomberg originally reported and Unchained covered further, Circle increased the “standard” redemption fees for USDC on October 29. The “standard” redemption tier applies for holders who want to skip the usual two-day waiting period for “basic” redemptions, getting their dollar amount instantly but for a higher fee price. Analysts discussed this fee raise may slow down demand for USDC…
Donald Trump is back in the spotlight with some intriguing nominations for his next administration. Scott Turner, a former NFL player turned government official, has been chosen to lead the Department of Housing and Urban Development (HUD). But that’s not all. Many of Trump’s picks seem connected to a conservative plan called Project 2025, which might just shake things up in a big way. Scott Turner’s Leap into Leadership Scott Turner’s nomination as HUD Secretary has people talking. Known for his time as an NFL player and his role in the White House Opportunity and Revitalization Council, Turner’s background isn’t…
The following is a guest post from Leo Li, CVO and Chief Growth Officer at CARV. Off The Grid could be the mainstream moment we’ve been waiting for in web3 gaming – not because it flaunts blockchain features, but because it doesn’t. The major console release integrates NFTs and blockchain in the background, letting gameplay take center stage. The game is the main appeal, while the blockchain is a bonus that furthers trading, ownership, and expression. Much like Telegram, which is quietly slipping crypto wallet functionality into hundreds of millions of pockets, game developers realize that simplicity is vital. Hitting…
A quick ride to the past – It was the year 2013; Dogecoin (DOGE), created by Jackson Palmer and Billy Markus entered the cryptocurrency market. DOGE was intended as a fun alternative to Bitcoin and other serious altcoins, so more or less a “meme coin.” Little did the creators know that their Shiba Inu dog-themed token would later move from meme to mainstream. Over the years, DOGE garnered massive online support fueled by the solid community of Dogecoin fans across X (formerly Twitter), Reddit, etc. It soon became one of the most popular cryptocurrencies, earning celebrity endorsements, and gaining mainstream…
Bitcoin bull Anthony Pompliano recently ignited a wave of curiosity in the crypto community with a seemingly cryptic tweet. Pompliano’s tweet simply read “$35,770,000,000,000,” a figure that immediately caught the attention of his followers and the broader crypto community. His tweet, devoid of any context, left many wondering about its interpretation. Was it a prediction, a comment on market potential or something else entirely? The ambiguity of the tweet hence fueled a flurry of speculation. 35,770,000,000,000 reasons for bitcoin — Gemini (@Gemini) October 22, 2024 Adding to the intrigue, major crypto exchange Gemini responded to Pompliano’s tweet with a message:…
Ethereum, the world’s second-largest cryptocurrency, has faced increasing criticism for its underperformance compared to rising rivals such as Bitcoin and Solana. Ethereum has been the subject of social media ridicule as it trades at around $3,300, about 33% below its all-time high of $4,878 reached in November 2021. However, analysts and investors are warning that the largest altcoin could soon emerge from recession, with some predicting it could break a record by reaching $10,000 in 2025. Despite hovering around $3,000 for weeks, Ethereum appears poised for a change. Bitwise’s head of research, Ryan Rasmussen, hinted at renewed institutional interest: “A…
According to data provided by the prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transactions, less than an hour ago an astounding Dogecoin transfer was made to the Robinhood investment platform as a deposit. Earlier today, another similar amount of DOGE was transferred with the participation of the same trading app. Together, almost half a billion DOGE have been moved, according Whale Alert. This transfer to Robinhood took place while a famous analyst within the cryptocurrency community predicted that DOGE may see a parabolic surge once November kicks off. Robinhood stunned by 290 million DOGE deposit Whale Alert shared…