Author: NBTC
In a strategic move to counter Donald Trump’s growing appeal within the cryptocurrency industry, Democrats have launched the “Crypto for Harris” campaign, FOX Business’ Eleanor Terrett reported today. This initiative, led by a pro-Kamala Harris advocacy group, aims to rally support from crypto voters for Vice President Harris as she vies for the presidency. JUST IN: 🇺🇸 Democrats launch “Crypto for Harris” campaign to counter Donald Trump — FOX Business 👀 pic.twitter.com/2K9O5bP0Xg — Bitcoin Magazine (@BitcoinMagazine) August 7, 2024 Next week, “Crypto for Harris” will host a virtual town hall featuring prominent crypto advocates such as Mark Cuban and Anthony…
James Check, the lead analyst for Glassnode, has noted that tech giant Nvidia has now surpassed Bitcoin in terms of search interest. As reported by U.Today, the chip maker managed to top Microsoft by market capitalization last week, becoming the most valuable company in the world for the first time. The shares of the Santa Clara, California-headquartered company are up a staggering 162% due to the ongoing artificial intelligence (AI) boom. Nvidia accounts for roughly 90% of the GPU chip market, which is why it is flourishing during the AI-obsessed era in tech. According to a recent report by Bloomberg,…
This was ARK’s first COIN purchase since June 6, 2023. ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again. ARK Invest took advantage of Monday’s massive market slump to make its first purchases of Coinbase (COIN) and Robinhood (HOOD) shares in months. Cathie Wood’s investment management firm bought $17.8 million of COIN, its first purchase of the crypto exchange’s stock since June 6 2023 when it bought $21.6 million worth. ARK also added $11.2 million of crypto-friendly online brokerage Robinhood shares, the first time it…
Shiba Inu leaders reveal plans for a $1 trillion decentralized economy. Kusama and Dhairya address identity rumors and outline SHIB’s future. SHIB aims to bridge Web2 and Web3 and expand its global presence. Shiba Inu leaders Shytoshi Kusama and Kaal Dhairya have finally broken their silence. The duo shared their vision for the future of Shiba Inu (SHIB) and addressed various speculations surrounding their identities and plans. EXCLUSIVE: $SHIB leaders @ShytoshiKusama and @kaaldhairya sit down for first public interview, discuss the future for the meme coin, anonymity, and creating a ‘social states.’: https://t.co/7okYZntuXY @Shibtoken #SHIB — ArabianBusiness.com (@ArabianBusiness) July 12,…
Bitcoin payments app Strike and crypto exchange Bitstamp have joined forces to expand their businesses in Europe. Bitstamp will help Strike manage fiat-to-crypto conversions and transfers to consumers. Bitcoin payments app Strike has joined forces with crypto exchange Bitstamp to accelerate its expansion in the European Union by making fiat-to-crypto on-ramp easier for users, the companies announced Wednesday. Stripe, led by Chicago-based Zap Solutions and entrepreneur Jack Mallers, launched its services in Europe in April after expanding to Africa in February. The fintech firm offers a customizable widget that developers can embed into their product to allow conversion of crypto…
A crypto analyst who nailed the 2022 Bitcoin bottom is warning that BTC is in danger of witnessing a massive breakdown. In a new video update, pseudonymous analyst DonAlt tells his 60,100 YouTube subscribers that BTC is at risk of losing all bullish momentum. The crypto strategist says that Bitcoin will likely go through a capitulation event if BTC bulls fail to defend support at $63,000. “I was actually a fan of $60,000 [support] for quite a while. It’s just [BTC] tested it too many times, and now we’ve tested it so many times that I think it’s sh*t, not…
A recent report by Coinwire, a cryptocurrency research portal, predicts that cryptocurrency adoption levels in Latam will more than double in 2024. The report, which examined trading movements on trusted centralized exchanges according to Coingecko, forecasts that crypto trading volumes in the region will reach $7.82 trillion in 2024, with Brazil and Chile being the top two dominant markets. Coinwire Report Estimates Latam Crypto Trading Volumes Will Reach $7.82 Trillion in 2024 Latin America keeps growing as a cryptocurrency adoption beacon in the world. According to a recent report by Coinwire, a crypto research and investigation portal, the region has…
Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu (SHIB) ecosystem, recently granted his first interview, outlining a bold vision for the project’s future. Kusama addressed speculation regarding his identity, clarifying he is not tech entrepreneur Elon Musk, despite past cryptic messages. However, his closing remark on his X page – “Wen conversation Elon Musk? lol” – hinted at a potential future dialogue. Wen conversation @elonmusk ? lol https://t.co/jIIKsGXFlN — Shytoshi Kusama™ (@ShytoshiKusama) July 12, 2024 Kusama’s recent appearances at conferences in Japan and India focused on ambitious expansion plans for the Shiba Inu ecosystem. Building on the groundwork…
FTX and trading firm Alameda Research will pay $12.7 billion to creditors after the approval of a consent order by a New York judge, ending a lawsuit from the Commodity Futures Trading Commission. The order bans FTX and Alameda from trading digital assets and acting as intermediaries in the market, but does not include civil penalties. Defunct crypto exchange FTX and trading firm Alameda Research will pay $12.7 billion to creditors as a New York judge officially approved a consent order on Wednesday, ending a 20-month-long lawsuit from the Commodity Futures Trading Commission (CFTC). United States District Judge Peter Castel…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced an unprecedented milestone, achieving an all-time high daily trading volume of over 107 billion earlier this week. This remarkable figure represents a staggering four times increase compared to Bybit’s daily average trading volume of 25 billion, solidifying its position as the world’s second-largest cryptocurrency exchange. The record-breaking volume was driven by robust trading activities across a diverse range of products, including perpetuals, futures, spot, and options. Bybit’s unwavering commitment to providing a superior trading experience, coupled with its robust platform infrastructure, has been instrumental in driving this exceptional growth.…