Author: NBTC
Today, the Federal Register published WisdomTree’s spot XRP ETF, beginning a 21-day public comment period before the SEC review process. The regulator can extend the review by up to 90 days, with the entire process potentially lasting up to 240 days. Under this timeline, a final decision on WisdomTree’s proposal could come by October 24. During the public comment period, investors, financial institutions, and other stakeholders can provide feedback on the proposal’s feasibility and potential market impact. The SEC will evaluate the proposal’s compliance with securities laws, market integrity, potential manipulation risks, and investor protections. This publication follows similar filings…
From March 19th through the 28th, 2025, users via the KIS platform will have the opportunity to cast their votes. At least half of the creditors must vote in favor of the Scheme for it to be approved. Indian crypto exchange WazirX’s CEO Nischal Shetty has requested users to approve a restructuring scheme post the hack. At least half of the creditors must vote in favor of the Scheme for it to be approved. And each class’s value-weighted creditors must be present and vote for it to pass. Clearing Up Confusion About the RestructuringIf you have any questions, feel free…
12 Expert Tips for a VIP Live Baccarat Experience at Casino Magicwin Live baccarat is the crown jewel of any UK online casino that offers live dealer games. Whether you are a newcomer or a seasoned high‑roller, a smooth VIP experience depends on more than just luck. Below are five deep‑dive sections that together give you twelve practical tips you can use right now. Follow the guide, compare the options, and you’ll know exactly why Casino Magicwin stands out from the crowd. 1. Verify the License and Safety Measures A safe casino starts with a solid licence. The most common…
On-chain market activity on the Bitcoin (BTC) network shows that whales have sold the coin massively in the last seven days. These large holders have offloaded 25,740 BTC onto the Bitcoin market. This is according to an update from crypto analytics platform IntoTheBlock. Whales cash out as retail investors step in Notably, these whales, which held between 10,000 BTC and 100,000 BTC, were behind the spike in Bitcoin sales over the past week. This suggests that Bitcoin whales took advantage of the recent price movement to sell off part of their holdings. Their action probably contributed to the ongoing market…
The U.S. Securities and Exchange Commission has closed its investigation into Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT collection, without taking enforcement action, the company said on Monday. Yuga Labs had been under SEC scrutiny since 2022 over whether its NFT offerings and ApeCoin token distribution violated federal securities laws. The company welcomed the decision, calling it a “huge win” for the NFT industry. Yuga Labs did not immediately respond to Decrypt’s request for comment. The SEC has yet to answer questions on the reasoning behind its closure. The move comes as the SEC appears…
Eric Trump has a warning for Wall Street: adapt to crypto or go extinct. On Sunday, while traditional finance was off the clock, president Donald Trump announced the creation of a Strategic Crypto Reserve (SCR) for the United States, sending Bitcoin, Ethereum, and other cryptocurrencies soaring. Eric called the timing “genius” and took a shot at legacy finance. “Traditional finance better catch up, or it will quickly become extinct,” he said. “The world no longer runs on a Mon-Friday, 9 to 5.” Eric Trump speaking at the Student Action Summit, at Palm Beach County Convention Center in West Palm Beach,…
MORPHO jumped nearly 10% before seeing corrections, as Coinbase listed the token. The exchange recently put MORPHO on its roadmap alongside two meme coins with little price impact, but the actual listings have boosted all three assets. Morpho’s developers also announced that its smart contracts had been independently vetted and have been deployed on several major blockchains. Coinbase Lists MORPHO Coinbase, the largest crypto exchange in the US, has a history of impacting crypto prices after listing announcements. The “Coinbase Effect” is well-documented, with plenty of examples. Two weeks ago, Coinbase put PENGU, POPCAT, and MORPHO on its listing roadmap…
In the wake of the appointment of a U.S. crypto czar and the announcement of comprehensive crypto legislation, many believe the era of “regulation by enforcement” in the U.S. is over. But while the SEC and CFTC now have crypto-friendly chairmen, both state regulators and Attorneys General are poised to take their place as aggressive crypto enforcers. For years, the SEC’s aggressive “regulation by enforcement” approach stifled the growth of the crypto industry and caused many to call for a comprehensive regulatory framework that would put an end to the “war on crypto” once and for all. For this reason,…
eToro has announced the addition of five new cryptoassets: LayerZero, ZKsync, Pyth, EigenLayer, and Swell. This expansion follows the approval of a permit for eToro (Europe) Ltd, a subsidiary of the platform, by the Cyprus Securities and Exchange Commission (CySEC). LayerZero enables communication between different blockchains. ZKsync is a Layer-2 solution for Ethereum, speeding up transactions and lowering costs. Pyth provides real-time market data for DeFi platforms. EigenLayer enhances Ethereum’s security and efficiency through restaking. Swell is a staking protocol for Ethereum that integrates with DeFi platforms. New Experimental Cryptoassets Unavailable in Select Regions EigenLayer and Swell are classified as…
Bitcoin price rebounded to $89,042 after briefly plunging below $86,000 on Feb. 25. The drop, which marked a 20% decline from its all-time high, triggered $2 billion in liquidations, pushing market sentiment into “extreme fear.” Mass Liquidations Wipe Out $2 Billion, Traders Panic Amid Bitcoin Price Fall The crash hit hard, with CoinGlass logging $2 billion in liquidations over 48 hours. Longs took the worst of it as Bitcoin hit its lowest since Nov. 13, 2024. Crypto liquidations. Source: CoinGlass According to the Crypto Fear & Greed Index, crypto traders have shifted into “extreme fear” territory, a sentiment shift that…