Author: NBTC
Ripple and Elon Musk, two titans always surrounded by controversy, have once again taken center stage together in what seems like bold claims. In a recent tweet, an X user has come forward with claims that Musk is closely tied with Ripple. Elon Musk is active in the political sphere unlike ever before as he feels the freedom of the citizens hangs in the balance with the 2024 U.S Presidential elections. During the Pennsylvania Rally, Musk finally addressed crowd questions regarding XRP sending the XRP Army into a frenzy. The Ripple Holding With the entire crypto industry glued to their…
CryptoQuant CEO Ki Young Ju has raised concerns about South Korea’s readiness to approve spot Bitcoin exchange-traded funds (ETFs). In a Nov. 26 post on X (formerly Twitter), Ju compared the regulatory climate in South Korea to the contentious stance of the US Securities and Exchange Commission (SEC) Chair Gary Gensler, suggesting that such an environment might delay ETF approval. South Korea’s Financial Services Commission (FSC) has stepped up its restrictive policies by rejecting ETFs linked to digital assets. This approach has led to skepticism about the future of the current regulatory framework without a leadership overhaul. Ju stated: “I’m…
Swan Chain has officially launched its Celestial Bloom campaign, a six-month initiative to expand its decentralized AI-powered ecosystem. Starting November 26, 2024, the campaign invites participants to engage actively, earning $SWAN and $OP tokens in rewards. 🌌 Introducing Celestial Bloom: A New Mission to Evolve Swan ChainA new chapter begins! Celestial Bloom is here to celebrate growth, deepen community bonds, and reward your unwavering support as we revolutionize decentralized AI.💫 What’s New?– Purpose: Expand Swan Chain… pic.twitter.com/WronpkQfcY — Swan Chain (formerly FilSwan) (@swan_chain) November 26, 2024 This initiative builds on the success of Season 1, including refined features to enhance…
The price of Bitcoin (BTC) has continued its upward trend after breaking out on October 11. The largest cryptocurrency broke above the moving average lines and the $65,000 mark. Long-term forecast for the BTC price: bullish Bitcoin price is currently trading at a high of $68,350, according to Coinidol.com. On the upside, Bitcoin is expected to reach the psychological price of $70,000. Nevertheless, the positive trend will continue up to the highs of $72,000 and $73,588, where the psychological price barrier will be broken. However, if Bitcoin is rejected at its high of $70,000, the bullish hypothesis will be disproved.…
A popular trader, going by Whale 0xd1c, has restarted the $OM tokens’ accumulation following a 7-month pause. As per Spot On Chain, a prominent on-chain analytics platform, this resumed $OM accumulation by Whale 0xd1c signals a renewal in confidence and interest in this crypto asset. The analytics provider took to X to discuss the latest activity of the trader. A smart trader resumed accumulating $OM after 7 months.Whale 0xd1c withdrew 2.71M $OM ($3.8M) from Binance via three transactions two hours ago.The last similar action was seven months ago when it withdrew 12.3M $OM from Binance and staked it all.He has…
A judge has ordered Craig Wright to return to the UK to face a contempt of court hearing after the Australian entrepreneur failed to argue that his autism and plans for Christmas should prevent him from appearing in person. Patent attorney David Pearce attended the hearing today and documented Wright and Crypto Open Patent Alliance (COPA) legal representative Jonathan Hough’s arguments for and against his attendance. Today, COPA called Wright’s arguments “not remotely convincing,” and claimed, “wanting to spend Christmas in Indonesia is not a reason that should carry any weight.” It also argued that Wright’s £900 billion claim would…
In a world where traditional social media platforms dominate the digital conversation, are decentralized alternatives emerging as a promising counterpoint to censorship or a breeding ground for hate speech? BeInCrypto talks to Anurag Arjun, co-founder of Avail, a blockchain infrastructure pioneer who is passionate about how decentralization can potentially transform online speech and governance. Decentralized Social Media Faces Moderation and Privacy Challenges In October, X (formerly Twitter) suspended the Hebrew-language account of Iranian Supreme Leader Ali Khamenei for “violating platform rules.” The post in question commented on Israel’s reprisal attack on Tehran, reigniting global debates about the power centralized platforms…
Samara Cohen, BlackRock’s Chief Investment Officer for Exchange Traded Funds (ETFs) and Index Investments, revealed that 75% of buyers of the company’s Bitcoin ETF are cryptocurrency enthusiasts who are unfamiliar with traditional Wall Street investments. BlackRock Says Majority of Bitcoin Spot ETF Buyers Are From Cryptocurrency Community, Not Traditional Finance Speaking at the Permissionless Conference in Utah, Cohen explained that the ETF structure provides investors with a more accessible way to invest in BTC. “The ETF was created as a vehicle,” he told CNBC. BlackRock’s Bitcoin ETF has seen significant interest since its launch, with the combined market cap of…
South Korea has signed the OECD agreement on crypto reporting among member nations. The country’s Ministry of Economy and Finance announced on November 27 that it had officially signed the Crypto Asset Reporting Framework Multilateral Competent Authority Agreement (CARF MCAA) at the 17th OECD Global Forum. Signatories of the CARF MCAA will exchange information on crypto asset transactions through an automatic channel developed by the OECD in collaboration with the G20. As an OECD member, South Korea has fulfilled its role in the agreement and plans to amend its local crypto laws. An official from South Korea’s Ministry of Economy…
Barely 20 years since its launch, Hong Kong’s Cyberport has recorded astronomical growth, living up to its expectation as the primary driver of the government’s Web3 ideals. Elsewhere, China is pushing for greater collaboration with advanced and developing countries to address the digital divide. According to a discussion paper released by Hong Kong’s Legislative Council, Cyberport has grown to host over 270 Web3 entities since its inception. It also highlighted Cyberport’s giant leaps while informing the public of the initiative’s progress in Web3 development. The 14-page report showed that the government-owned commercial hub is now leading Hong Kong’s emerging technology…