Author: NBTC
In a recent interview, Ripple CEO Brad Garlinghouse revealed that 95% of the company’s customers are not from the United States. Despite this, Garlinghouse emphasized that Ripple continues to operate in the payments and securities sectors within the US. He also expressed optimism about significant growth in the American market following the SEC’s decision to withdraw its lawsuit. The US Remains a Key Target Market for Ripple Garlinghouse recently reiterated that 95% of Ripple’s customer base is outside the US. This isn’t entirely surprising, given the significant legal hurdles Ripple has faced in the US over the years, particularly the…
Shares of GameStop (GME) jumped over 15% in pre-market trading today after the video game retailer confirmed plans to add Bitcoin as a treasury reserve asset, according to Yahoo Finance data. The company’s stock climbed to $29.6 in pre-market trading, following Tuesday’s close at $25.4. Despite a roughly 68% surge in GameStop shares over the last year, the so-called meme stock is still down nearly 19% so far this year. GameStop, the 2021 short squeeze icon, on Tuesday joined Strategy, Tesla, and a growing list of public companies in stacking Bitcoin on its balance sheet. The company’s board of directors…
Fox Business’s Charles Gasparino has clashed with Ripple CTO David Schwartz on X over the controversial Torres ruling, which recognized secondary XRP sales as nonsecurities back in 2023. Gasparino insists that the “nonsensical” ruling made no sense, while Schwartz claims that the controversial journalist is struggling to understand securities laws. “That you have difficulty understanding an incredibly simple basic fact about securities law is entirely a you problem,” Schwartz said. The recent spat comes after Ripple dropped its cross-appeal against the SEC after its fine was reduced to $50 million. This has likely marked the end of the long-lasting legal…
The preferred stock Strife (STRF) by Strategy will start trading on Nasdaq, announced the executive chairman of the company Michael Saylor. The preferred stock will offer USD or BTC yield for STRF and MSTR investors. Michael Saylor announced the beginning of trading for Strife yield-bearing preferred shares. The STRF stock will start trading on Nasdaq as of March 26. Saylor announced the launch of the new market through X. Our new preferred stock STRF (“Strife”) creates USD Yield for $STRF investors—and BTC Yield for $MSTR investors. It begins trading today on Nasdaq. — Michael Saylor⚡️ (@saylor) March 26, 2025 The…
Former U.S. Senate Candidate John Deaton expresses frustration over Linqto’s lack of response to customers, hinting at a potential class action by XRP holders against the company. In a recent X post, Attorney Deaton said he had received several messages from Linqto customers complaining about the company’s persistent lack of communication. Consequently, Attorney Deaton scheduled a Zoom meeting for tomorrow, March 27, at 6 p.m. (EST). He plans to clarify what might be happening behind the scenes at Linqto and strategize for further action. In the meantime, he asked Linqto users to contact him or his office for a link…
Bitcoin is currently navigating a pivotal support zone, signaling potential market recovery. Elevated volatility is anticipated in the mid-term, potentially paving the way for a breakout above the midline of its multi-month ascending channel. Technical Analysis By Shayan The Daily Chart After a recent market downturn, Bitcoin dipped to the critical $90K support level before rebounding swiftly above the 100-day moving average at $94K. This movement suggests a phase of market stabilization, likely shaking out over-leveraged futures positions and setting the stage for renewed buying pressure. Currently, BTC is demonstrating signs of recovery at this crucial moving average. However, price…
Banks across the globe held a total of 341.5 billion euros ($368.3 billion) in crypto assets under custody in the second quarter of 2024 but spot crypto assets now make up less than 3% of banks’ holdings — down significantly from a few years ago, data by standard setter Basel Committee on Banking Supervision (BCBS) showed on Wednesday. BCBS, which focuses on setting measures to ensure the stability of banks, gathered voluntary and confidential submissions from 176 banks — of which 115 are internationally active — in June 2024. The data showed that just 29 banks contributed to the 341.5…
This is a preview of upcoming newsletter The Drop. To read full editions after launch, subscribe. There’s been a lot of buzz around Berachain, which launched on Thursday and has already seen over 2 million transactions. It’s the latest launch by the makers of the Bong Bears NFTs, a collection of 100 smoking bears on the Ethereum blockchain launched back in the 2021 crypto boom. Berachain, by contrast, is an ambitious Web3 blockchain using “Proof of Liquidity,” with the idea that pooled-up funds will lead to a sustainable ecosystem long-term. Some, however, are not so sure. An exec with ties…
Taiwan’s Financial Supervisory Commission released the draft of the “Virtual Asset Service Act,” aiming to enhance regulatory clarity for virtual asset businesses and strengthen investor protections. On March 25, Taiwan’s FSC unveiled the draft of the “Virtual Asset Service Act,” outlining provisions for licensing of Virtual Asset Service Providers, standards for stablecoin issuance, and measures to enhance market integrity and protect investors. Specifically, the draft outlines standards for VASPs, including requirements for organizational structure, capital, and personnel qualifications. It also authorizes banks to issue stablecoins pegged to the New Taiwan Dollar, contingent upon obtaining approval from the FSC and meeting…
A Bitcoin statement believed to have been made by Satoshi Nakamoto has resurfaced as fresh findings emerge regarding the enigmatic Bitcoin founder’s identity. In a post, Bitcoin historian Pete Rizzo shared Satoshi Nakamoto’s statement on the scarcity of Bitcoin made 15 years ago when Bitcoin was worth $0.01. The tweet highlights Satoshi’s early remarks about Bitcoin’s scarcity and potential to become a valued asset. ✨ Satoshi Nakamoto on the scarcity of #Bitcoin at $0.01, exactly 15 years ago. Only 21 million 🚀 pic.twitter.com/nZVj6EEH9L — The Bitcoin Historian (@pete_rizzo_) February 6, 2025 On Feb. 6, 2010, when Bitcoin was worth a…