Author: NBTC
Following Gary Gensler’s resignation, Paul Atkins was nominated to take over as the new Chairman of the SEC—the approval of which would mark his return to the Commission after a 17-year hiatus and could mark a drastic change for the crypto industry and digital assets. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Paul Atkins Returns: A New SEC A current Chief Executive at Patomak Global Partners, Atkins is a veteran of the financial world. Atkins started his career as an attorney on Wall Street in the 1980s before eventually earning the title of…
Web3 wallet Holdstation introduces AI agent platform A(i)gentFi. The platform is dedicated to creating, managing and monetizing AI agents on the ZKsync network. In a blog post published on Dec. 12, the ZKsync-based DeFi wallet Holdstation announced its plans to bring more artificial intelligence agents into the blockchain with the launch of its new AI agent hub A(i)gentFi and a $2 million grant aimed at accelerating AI innovation in the blockchain. The firm described A(i)gentFi as a “one-stop shop on ZKsync dedicated to the creation and development of AI agents.” AI agents are AI-powered entities that are able to execute…
Robert Kiyosaki, a Bitcoin investor, entrepreneur, and the author of the best-selling book on increasing personal wealth “Rich Dad Poor Dad”, has again predicted a big crash to come in the near future, urging his followers to buy Bitcoin before it happens. In his tweet, Kiyosaki mostly addressed those who were born in the Baby Boomer generation, like him, since Bitcoin is a completely new and mind-boggling asset for them. “The biggest crash in history is coming. Buy Bitcoin” Robert Kiyosaki addressed boomers with an important warning, saying that he expects several fundamental markets to crash in the near future…
Bloomberg has shared a 25-name list of the wealthiest families in 2024, showcasing familiar names like the Walton family and new entries such as Ofer and Thailand’s Chearavanont. The top family is reportedly valued at $406.5 billion, while the 25th name on the list has a wealth of $37.4 billion. According to Bloomberg’s list, The Walton family is at the forefront of the wealth rankings, with a staggering $172.7 billion boost in 2024, thanks to a surge in Walmart stock. The Waltons have a combined net worth of over $400 billion. Owning 46% of the retail giant, the family’s heirs…
Ripple executed another set of significant RLUSD transactions on Wednesday, October 16. The XRP firm moved $6 million worth of RLUSD tokens amid anticipation of the stablecoin’s launch later this year. Ripple’s Latest RLUSD Movement According to on-chain data, the company minted 4 million RLUSD tokens on the Ethereum network and promptly transferred them to an unidentified wallet. Earlier in the day, Ripple moved an additional 2 million RLUSD, bringing the total for the day to 6 million tokens. This follows another large transaction just a day before. On Tuesday, October 15, Ripple shifted a whopping 28 million RLUSD tokens…
There’s growing speculation that the SEC vs. Ripple case could be resolved under the President-elect Donald Trump’s administration. SEC’s current chair Gary Gensler is set to step down on January 20. Trump has nominated Paul Atkins, a cryptocurrency advocate, as the next chairman. The SEC claims Ripple violated securities laws by issuing XRP. Some of the XRP issuance was considered a security, while other parts were not. The SEC is appealing the ruling, and with a new SEC administration under Trump, there’s speculation on whether the case will be dropped. After Atkins takes office, many experts believe that the U.S.…
Vanar Chain has announced a huge partnership with Movement Labs, which means great progress in transforming the support of blockchain development. This partnership will seek to help blockchain builders who are usually faced with scarce funding and high project abandonment rates by offering one-stop support to the developers. 📢 PARTNERSHIP ALERT 📢We’re excited to announce a transformative partnership with @movementlabsxyz! Together, we’re tackling one of the biggest challenges in blockchain: empowering projects with the tools, resources, and connections they need to succeed!Dive in 🧵👇 or… pic.twitter.com/fKjSE1AU9R — Vanar (@Vanarchain) December 12, 2024 Empowering Builders for Success This partnership between Vanar…
Remixpoint’s latest Bitcoin purchase of $1.38 million boosts its total crypto holdings to a market value of $34.3 million, reflecting a profit of nearly $6.72 million. Japan‘s energy and automotive business consulting company Remixpoint has acquired an additional Bitcoin (BTC) for $1.38 million, bringing the total amount under its crypto investment portfolio to $27.59 million, Yahoo Japan reports. On Monday, Dec. 9, the company announced that it had completed the additional purchase of 13.24 BTC on Dec. 5 and Dec. 6, utilizing ¥213.9 million (approximately $1.38 million) of its planned ¥1.5 billion ($10.34 million) digital asset investment. The purchase price…
According to reports, Oddo BHF SCA is developing a euro-denominated stablecoin. The financial group, headquartered in Paris, anticipates that the token will be released next year, although it is subject to regulatory approval. The initiative will bring the company into an increasingly crowded market. Stablecoins’ low volatility has made them a popular choice among crypto traders who want to transmit funds between platforms or enter and exit positions. They have also become more beneficial for firms that wish to effectuate faster and more cost-effective digital payments and for investors who wish to trade and settle traditional assets like bonds using…
Despite XRP price stagnation recently, some market analysts maintain an optimistic outlook, suggesting the Ripple token could see a 1000x increase, pushing its value to $500. While ambitious, this target raises questions about the likelihood of such growth and the factors that could drive it. Is a 1000x Increase in XRP Price Even Feasible? A 1000x surge in XRP price could be realized if the broader crypto market sees substantial expansion. However, achieving $500 per XRP would result in a market capitalization of a whopping $28.3 trillion, based on the current supply of 56.65 billion coins. Such a figure far…