Author: NBTC
Two crypto-friendly women are being considered to lead the Commodity Futures Trading Commission (CFTC), according to a report from Fox Business. President-elect Donald Trump, according to Fox, is considering appointing either Perianne Boring or Caroline Pham – who both have pro-crypto credentials – to lead the Commodity Futures Trading Commission (CFTC), which under a Trump administration, could be the go-to digital assets regulator. Recently, Boring has been a staunch defender of the bitcoin mining industry against what she calls “regulatory overreach.” In a recent CoinDesk op-ed she took aim at the Department of Energy’s data collection process, which she accuses…
PoP Planet has announced a game-changing partnership with DO Network, GPTVerse, FMCPAY, and Nexi Chain. This advancement marks a major milestone in the Web3 ecosystem. This collaboration is set to supercharge PoPP Dapp 3.0. It provides a robust, high-performance platform designed to accelerate decentralized applications (dApps). 🚀 Partnership Announcement 🚀We’re thrilled to announce our collaboration with @Donetwork_club, @gpt_verse, @FMCPay, and @nexichain! 🌊PoPP Dapp 3.0 is Now Live!👉https://t.co/WwYXl7Ww0L⭐ @Donetwork_club is a decentralized network with ultra-high performance.➡️ Learn… pic.twitter.com/ouYOmpuA8t — PoP Planet (@Hi_PoPPOfficial) December 4, 2024 With these integrations, PoP Planet is poised to offer users an unparalleled experience in scalability, security,…
Cryptocurrency analytics firm Alphractal has published a new report outlining concerns about the current state of Bitcoin’s open interest, suggesting that it could pose a risk to the market. According to Alphractal, open interest in Bitcoin’s futures market has grown impressively since 2020, exceeding $42 billion. This growth reflects the increasing interest in leveraged trading among investors, especially on major exchanges. The Chicago Mercantile Exchange (CME) currently holds 26.3% of all positions, while Binance accounts for 20.2% of the market. Alphractal’s analysis reveals a general trend: when the price of Bitcoin rises, open interest tends to increase as well. However,…
The non-fungible token, or NFT, market has shown decent growth amid Bitcoin’s historic breakthrough exceeding $100,000. The surge in cryptocurrency prices continues as Ethereum (ETH) strengthens its position, climbing 3.5% in the last 24 hours to reclaim the $4,000 level. The global cryptocurrency market capitalization has expanded to $3.67 trillion from last week’s $3.42 trillion. This is a 2.3% increase over the last day, with Bitcoin (BTC) trading around $99,611 at last check Saturday. See below. Source: CoinGecko According to the latest data from CryptoSlam, the NFT market has experienced a major upswing, with total sales volume reaching $196.2 million.…
Namshub’s work highlights the increasing role of artificial intelligence in influencing crypto markets. The AI-inspired meme coin called SLOP surged an astonishing 56,000% within just 24 hours of its creation, according to Dexscreener data. The story of SLOP begins with an artificial intelligence agent named Namshub, created by developer Fabian Stelzer, the founder of Glif, an AI bot platform funded by Andreessen Horowitz. Stelzer built Namshub to test Glif’s capabilities in creating unique generative art and engaging memes based on research. During its exploration, Namshub encountered another AI agent called Truth Terminal, which had gained notoriety for amassing a crypto…
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued alerts for seven crypto entities claiming to be registered and licensed in Dubai. The entities include, Koto Crypto, Finchain, Crypto Force, Coin Cashy, BTC Bay, XT.com, and Stabit. The first entity, Koto Crypto based out of DMCC (Dubai Multi Commodities Center) which claims to be registered in DMCC Dubai, is carrying out non regulated virtual asset activities operating without a proper license. Based on press releases from Koto Crypto, they have been operating in Dubai as an OTC Crypto provider since 2023. As per the notice, “Any activities related to virtual assets…
Litentry has partnered with Orange Web3, a significant move for both platforms. This partnership was announced via Litentry’s official X account. Orange Web3 is an EVM-compatible Layer 1 blockchain. It focuses on User Generated Content (UGC) tools, specifically for Gaming, AI, and the Metaverse. Thrilled to team up with @orange_web3! 🎉Orange Web3 is a cutting-edge platform and EVM Layer 1 blockchain designed to revolutionize User Generated Content tools for the web3 ecosystem.Ready to level up with us? Dive into our TON mini app today: 👉https://t.co/rFSwLtarzF… pic.twitter.com/TT56ldBCzh — Litentry (@litentry) December 4, 2024 Orange Web3 Collaboration with Litentry Aims to Boost…
The bond proceeds will fund acquisitions in alternative investment funds and increase Samara’s bitcoin position. The 30 million euro ($32.78 million) bond will be listed on both the Oslo and Frankfurt stock exchanges with a minimum subscription of $109,000. Listed-investment firm Samara Asset Group (SRAG) will issue an up to 30 million euro ($32.78 million) bond to buy bitcoin (BTC). Samara has mandated Pareto Securities as the sole manager to organize multiple fixed-income investor meetings. The bond would be a senior secured Nordic bond and the proceeds will be used to expand Samara’s diversified portfolio, which includes buying additional stakes…
Decrypt and Rug Radio’s newly launched MYRIAD digital media ecosystem is kicking things off in style with its first Community Contest, in partnership with NFT collection Pudgy Penguins. Prizes in the contest include two Lil’ Pudgys NFTs awarded in a raffle, along with 50 Faces of Web3 NFTs for the top traders and top predictors on the MYRIAD platform. “We’re thrilled to be teaming up with the iconic Pudgy Penguins collection for our inaugural MYRIAD Community Contest,” said Ilan Hazan, Co-Founder and COO at Decrypt and Rug Radio’s parent company DASTAN. “Pudgy Penguins was Decrypt’s 2023 NFT Project of the…
Stacks Network, the Bitcoin layer-2, is one of the largest DeFi protocols on the world’s most secure platform. DeFiLlama says the platform manages over $109 million worth of assets. It continues to expand and improve as decentralized financial services find traction. Stacks Network Activating Nakamoto On October 29 Over five years after launching, the network is preparing for one of its most important upgrades: Nakamoto. Analysts and platform supporters claim this update would have far-reaching implications, especially for its ecosystem. The team said the latest update would go live on October 29. Most importantly, the transition will introduce features that…