Author: NBTC
Former CFTC Chair Chris Giancarlo, who is known as “Crypto Dad” because of his friendly stance on digital assets, has confirmed that he is not in the race to replace SEC boss Gary Gensler. In a Thursday social media post, Giancarlo stated that he is not interested in cleaning up Gensler’s “mess” again. Gensler previously served as the head of the CFTC from May 2009 to January 2014. Giancarlo, who initially joined the CFTC as a commissioner back in 2014, ended up spearheading the agency from August 2017 to July 2019. Giancarlo has also denied DC rumors about potentially getting…
Bitcoin ‘Right on Track’ for More Upside Despite Months of Sideways Movement, Says Kevin Svenson – Here’s Why
Analyst Kevin Svenson believes Bitcoin (BTC) remains on track to print new all-time highs despite a months-long consolidation phase. In a new video, Svenson tells his 80,100 YouTube subscribers that Bitcoin may be on the verge of entering the most explosive phase of the market cycle based on historical precedence. “Bitcoin is sitting in a position that is very familiar… After the first halving in 2012 and reaching an all-time high, it took Bitcoin about 41 months to begin trending above the all-time high. After the second halving in 2016 to the all-time high from that all-time high it took…
Lagarde sees global payment unity as vital for smoother and more efficient money transfers. Ripple’s XRP enables fast and affordable solutions for seamless overseas transfers. Legal shifts may shape Ripple’s role in future international finance. Christine Lagarde, former director of the International Monetary Fund , called for interoperability among payment systems to address the growing complexity of cross-border remittances. Lagarde emphasized that integrating systems worldwide could improve efficiency and reduce costs for international transactions. Her view aligns with blockchain-based platforms like Ripple, which aim to streamline global financial transactions by enhancing payment connectivity across borders. Ripple and XRP: Transforming Frontier…
The Cyprus Securities and Exchange Commission (CySEC) informs investors that several websites are not linked to any entity authorized to offer investment services or perform investment activities. It should be noted that some of these entities may be fraudulent clones, attempting to impersonate licensed companies by using their names, logos, addresses, and other details. These firms include WeonMarket, along with its associated site platform.dashboardweonmarket.live; Nortenway and its registration page, cfd.nortenway.com/register; PrimusCFD and its client portal, client.primuscfd.net; Axiagroup.co; OctaMarketFX; Apmetrade; Investous.pro; Varkuti.eu and QuoMarkets.com. Other sites in the warning list include Efgbtrdpltfrm.com; Profitwave.cc; MarketsAdvGroup.com; Platform-Oro.com; VTMarkets.com and VTMarkets.net; Bybit.com; Chiron-Group.limited; and…
The crypto gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few…
Qitmeer Network has announced a strategic partnership with Atua AI to revolutionize the Web3 space. This was posted on Qitmeer’s official X account where it was great to announce the collaboration. https://twitter.com/QitmeerNetwork/status/1857348171099422823?t=tkgHqsK7SC5TqeGUuU09rg&s=19 Atua AI and Qitmeer Combine Forces to Boost Web3 Content and Security Atua AI offers intellectual artificial intelligence solutions for content generation, while Qitmeer offers a blockchain platform through BLOCKDAG technology. Combined, the two companies plan on helping users and businesses navigate the digital landscape. Qitmeer is reputed for providing efficient solutions for payment networks of the next generation. Through the collaboration with Atua AI, the companies aim…
October marked a strong month for U.S. spot Bitcoin ETFs, with over $3 billion in net inflows as demand reached its highest level in six months. Over the past week, inflows into the 12 spot Bitcoin (BTC) exchange-traded funds pproached $1 billion, with four days of positive flows recorded during this period. The majority of these inflows originated from BlackRock’s IBIT, the largest ETF by net assets, which is nearing $24 billion in total inflows since its launch. Despite strong inflows in the past week, the prior week proved even more bullish for U.S. spot Bitcoin ETFs. Starting with $555.86…
VanEck said the Solana (SOL) network’s high user engagement and transaction volume largely reflect its low-cost, high-throughput design despite substantial revenues stemming from speculative memecoin activity. The firm’s latest analysis comes in response to speculation that Solana’s numbers are inflated by wash trading in memecoins. Many critics argue that this makes SOL’s growth less notable than the numbers make it seem and raise concerns over its future potential. However, VanEck head of digital asset research Mathew Sigel emphasized that Solana’s popularity among speculative traders is driven by the chain’s structural efficiencies, which attract users at a rate unmatched by other…
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…