Author: NBTC

The United Arab Emirates’ Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority to combat virtual assets-related crime. Strengthening Risk Mitigation Frameworks The United Arab Emirates (UAE)’s Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to enhance coordination in combating virtual assets-related crime. The agreement commits the ministry and the authority to share information and strengthen risk mitigation frameworks. According to a report, the agreement also aims to support the UAE’s strategy to protect its financial system against evolving threats in…

A few days after Metamask and Mastercard came together to launch a pilot program for a crypto debit card in the US, crypto purists are not having it. A large section is criticizing the move, saying that it undermines the ethos of cryptocurrency. With the debit card, users can spend directly from their Metamask wallets, simplifying crypto transactions. They can convert their crypto into fiat currency in real-time as they transact through Linea, a speedy layer-2 network from Ethereum. Disgruntled crypto stakeholders raise concerns The launch of the Metamask debit cards has raised serious concerns among crypto users. They argue…

Analog has officially launched its mainnet, marking a major upgrade in blockchain interoperability. The Proof-of-Authority (PoA) network serves as a foundation for future upgrades, including Nominated Proof of Stake (NPoS) consensus, cross-chain messaging, and advanced data queries. These updates will be rolled out during Analog’s token generation event (TGE), the date of which has yet to be announced. Analog Mainnet Debuts After Massive Success in Testnet The mainnet launch follows a three-phase testnet involving over 345,000 accounts and the creation of 1.9 million cross-chain datasets. This extensive testing period allowed developers to optimize features and prepare the platform for real-world…

Ki Young Ju, the founder of the analytics platform CryptoQuant, has warned investors not to succumb to the temptation of selling their Bitcoin hastily. This warning comes as Bitcoin ultimately broke through the $100K mark, one of its highest psychological resistance levels. Bitcoin has since peaked at $103,900 before settling slightly below that level. Prior to this milestone, some analysts speculated that the market could experience a significant downturn after Bitcoin crossed the $100K threshold, with many anticipating profit-taking at such a major psychological level. However, according to analysts like Young Ju, selling at this point could be costly. “Don’t…

Matrixport, a leading cryptocurrency analytics firm, has expressed a cautious outlook for Ethereum and other altcoins in its latest daily market analysis. The firm noted that the recent rally in Ethereum’s price appears to be temporary and has limited potential for a sustained recovery. According to Matrixport, Bitcoin continues to dominate the cryptocurrency market, as reflected by its rising dominance rate. This trend highlights Bitcoin’s ability to maintain its position as a primary driver of market sentiment and activity. In contrast, Ethereum’s dominance has been steadily decreasing, a trend that began with the launch of ETH ETFs in early summer…

Dogecoin’s viral appeal evolves with dynamic use cases, maintaining its relevance in the payment sector. Hedera and Stellar showcase groundbreaking blockchain innovations, driving unmatched scalability and cross-border efficiency. Toncoin and Binance Coin deliver unparalleled growth potential through decentralized ecosystems and platform-based utility. Dogecoins (DOGE), Hedera Hashgraph (HBAR), stellar lumens (XLM), toncoin (TON) as well as Binance coin (BNB) have risen by an astounding 500% trader’s and investor’s magnet. These impressive advances raise questions about what is Microsoft and other companies preparing for these digital resources for 2024. Dogecoin(DOGE): Revolutionary Growth With Unmatched Appeal Dogecoin, therefore, remains to strengthen its position…

The Ripple vs. SEC lawsuit appeal is moving forward, with the Ninth Circuit Court of Appeals scheduling key dates for 2025. #XRP NEWS FLASH 🚨 Ripple gets a new date from the US court of appeal against the SEC 💪✅️This is a new development according to a close source, as the dragging lawsuit comes to an end on Monday, the 23rd of Dec 2024.YES!!! WE DID IT 💪💪 WE WON $XRP 🏆 😎 pic.twitter.com/yNf9hWyGY6 — RippleLord 🥇 (@Ripplelordz) December 21, 2024 However, a potential U.S. government shutdown looms, threatening to delay the already protracted legal battle and a final resolution…

While the increasing anticipation for a potential crypto bull run, CryptoQuant has analyzed the leverage levels on diverse centralized crypto exchanges. CryptoQuant’s analysis dealing with the CEX leverage levels highlights default risk, liquidity, and the extent of support that the crypto reserves support for the trading of perpetual futures amidst the approach bull run. In its recent social media post, the on-chain analytics provider examined this market scenario. Centralized Exchange Leverage Risk on the Midst of the Upcoming Bull RunWe assess the leverage levels of various crypto exchanges to evaluate their liquidity, default risk, and the extent to which their…

Nimble Network has taken a significant step forward in revolutionizing the future of AI and decentralization. The network has launched two major product updates in order to shape blockchain industries. These updates are designed to make the creation of AI agents accessible and decentralized. Exciting Product Updates from @Nimble_Network 1/ Public Launch: No-Code #AI Agent CreationYou can now create task-specific AI agents with our intuitive, no-code creation flow. Whether you’re an experienced developer or a complete beginner, building AI agents has never been… pic.twitter.com/vDcA9dLp8G — Nimble Network (@Nimble_Network) December 23, 2024 These product updates by the network makes a commitment…

Bitcoin has finally surpassed the highly anticipated $100,000 mark, which has the cryptocurrency market exploding. Not everyone, though, sees this accomplishment as a victory for decentralization and free market principles. The latest surge in the cryptocurrency, according to prominent Bitcoin critic Peter Schiff, is more the result of government intervention than a confirmation of its free-market appeal. Schiff contends that institutional purchases and political scheming rather than natural market demand are to blame for Bitcoin’s ascent to six figures. He cites mounting conjecture, especially in the United States, regarding the inclusion of Bitcoin in national reserves as this rally’s main…