Author: NBTC
President-elect Donald Trump has nominated Matt Gaetz to be the next attorney general of the United States. Gaetz is a former representative from Florida who was under investigation by the Department of Justice (DOJ) and House Ethics Committee for sexually trafficking minors and who took part in efforts to prevent votes from counting in 2020. This nomination draws greater attention to the relationship between Gaetz and the crypto industry, a frequent target of the DOJ. Joel Greenberg Joel Greenberg, the former Seminole County Tax Collector, was one of the individuals who was cooperating with the DOJ in its investigation of…
A few days ago, Linea, a well-known layer-2 blockchain of Ethereum, officially revealed the intention to launch its own crypto through an airdrop distribution. The new crypto, which takes the name of the project as its ticker, represents the latest step to decentralize the governance of the ecosystem. Consensys, a Swiss non-profit company that manages the developments of Linea, wanted to commemorate the initiative by launching the “Linea Association” during the Devcon in Bangkok. Appointment for the TGE scheduled in Q1 2025: is there still time to farm the airdrop? Let’s see all the details below. The layer-2 Linea announces…
Bitcoin is poised for a major price movement as its Bollinger Bands are showing one of the tightest formations in history. When the bands are at their tightest level, often referred to as a “Bollinger Squeeze,” it indicates a period of low volatility, potentially setting the stage for a powerful price breakout. “A huge move is coming,” technical analyst Tony Severino said in a recent post. He noted that Bitcoin’s Bollinger Bands, an indicator used to assess price volatility and determine trend direction, are “among the three tightest instances in history” on a 2-week timeframe. Author: Tony Severino Historically, this…
A smart crypto investor recently made headlines by selling 265,070 Solana ($SOL) for a profit of approximately $43.96 million. According to Lookonchain, this transaction underscores the potential for substantial gains in the volatile cryptocurrency market. The whale’s timing has proven effective, showcasing a keen sense of market dynamics. A smart whale sold 265,070 $SOL($43.96M) for profits recently.This whale bought 500,862 $SOL($11.81M at that time, $81.14M currently) at only $23.6 between Aug 7 and Oct 23, 2023.He currently holds 132,089 $JitoSOL($24.72M) and 126,631 $SOL($20.58M), with a profit of ~$87M on… pic.twitter.com/LiEPpi7mll — Lookonchain (@lookonchain) November 4, 2024 Whale’s $11.81M Solana Investment…
The Crypto Market Integrity Coalition called on Congress to establish a national regulatory framework for digital assets before the current legislative session ends. In a letter dated November 14 and seen by crypto.news, CMIC urged Congress to “foster a ‘compliance mindset’” towards crypto, emphasizing that delays leave consumers unprotected and discourage innovation in the U.S. The letter’s message to Congress argued that consumers remain vulnerable to bad actors without regulation, and American firms will lose ground to international competitors who benefit from cleaner regulatory environments abroad. CMIC’s letter points out that while countries like the EU and Japan have adopted…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the United States, 92 per cent of individuals reported concern over their privacy while using the internet, highlighting how recent massive data breaches and narratives around Big Tech data monetization have eroded internet users’ trust. This has been especially heightened by the rise of opaque artificial intelligence systems and evolving sociopolitical landscapes. You might also like: Web3 loyalty programs: What’s holding them back? | Opinion Gaps in regulation While the European Union’s General Data Protection Regulation…
Bitcoin (BTC) is currently trading around $67,000, signaling a recovery after establishing firm support at the $66,000 level, following a modest 2% decline earlier in the week. Despite recent market dips, AI models now forecast a bullish year-end target of $78,900 for BTC, spurred by robust institutional demand, rising open interest in derivatives, growing geopolitical tensions, and notable regulatory developments, particularly around Tether’s USDT. These factors together set an optimistic outlook for BTC, though potential volatility suggests a need for investor caution. At press time, Bitcoin was trading at $67,021, down 0.25% in the last 24 hours and 1.6% on…
As we reach the end of 2024, we can look at Q3 of this year to see what the state of Solana has been. Recently, Messari released a research paper written by Matthew Nay outlining the key takeaways from Solana’s progress in Q3 of 2024. In this summary, we will summarize and analyze some of the most significant points from this report.—1. The Solana Ecosystem Is Growing RapidlyThe report begins with a chart showcasing various metrics such as DeFi TVL (total value locked), average daily DEX volume, stablecoin market cap and more. One of the most eye opening metrics to…
President-elect Donald Trump confirmed on Thursday that JPMorgan Chase CEO Jamie Dimon will not be part of his incoming administration, ending speculation over the high-profile banker’s involvement in federal leadership. Trump addressed the matter directly on social media. Donald Trump’s Firm Stance Against Jamie Dimon Trump stated, “I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration.” The clarification from Trump comes amid earlier reports and rumors surrounding Dimon as a potential Treasury secretary candidate in the weeks leading up to the November 5 election. According to a…
Screven County, Georgia made history on November 5, 2024 when it became the first county in the United States to use the Bitcoin blockchain to safeguard the results of its elections. The Screven County Board of Elections worked with Simple Proof, a U.S. company that protects digital records using the Bitcoin blockchain, to ensure that their election results couldn’t be altered. Stacy Scott Mincey, Screven County Election Supervisor, hired Simple Proof to make sure that the handling of votes in her county wasn’t called into question the way it was in another Georgia county during the 2020 elections. “One of…