Author: NBTC
Crypto firms and fintech companies are reportedly applying for bank charters under the Trump administration, paving the way for greater financial legitimacy. According to a recent Reuters report, crypto firms are looking to apply for bank charters to expand their businesses and potentially reduce borrowing costs. At least half a dozen industry executives have confirmed that crypto firms “see an opportunity” under the Trump administration to gain credibility among customers by applying for a banking licenses. A bank charter is a legal license issued by a government that allows a firm to operate and offer banking services. It defines the…
Crypto market analysis has ranked the main Layer-1 blockchain initiatives according to their social activity by counting total engaged posts and interaction events during one day. In crypto landscape, Bitcoin ($BTC) holds the highest spot with 148.6K engaged posts and 147.0M interactions. TOP #LAYER1 PROJECTS BY SOCIAL ACTIVITY$BTC $SOL $ETH $ADA $SUI $BNB $KAS $AVAX $TIA $INJ pic.twitter.com/QBXo8GgfOP — PHOENIX – Crypto News & Analytics (@pnxgrp) February 12, 2025 Solana ($SOL) and Ethereum ($ETH) maintain significant social interaction after Bitcoin. Solana exceeds Ethereum in social engagement levels with 103.7K engaged posts and 61.7M interactions falls below Ethereum in number of…
According to sources, US House committee plans to push for landmark stablecoin legislation soon. The Financial Services panel will then review the bill on April 2. So far, the Trump administration has been very vocal about its crypto support and the need for a stablecoin bill. However, bipartisan support for crypto is growing significantly, increasing the likelihood that the stablecoin bill will be fully approved. The stablecoin bill has received support from both Republicans and Democrats A key House Committee is likely to vote in favour of the GENIUS Act, which aims to regulate stablecoins and add more consumer protection…
Pakistan plans to use extra electricity for bitcoin mining as a way to reduce wasted energy. Unlike other countries, Pakistan wants to dedicate surplus power to crypto mining. Pakistan might create a regulatory framework to support Bitcoin mining legally. Pakistan might be on the verge of a surprising shift—turning to Bitcoin mining to solve its electricity challenges. With surplus power weighing heavily on its economy, the government is exploring ways to bring in global Bitcoin miners, turning unused energy into profits rather than waste. Could this be the beginning of a digital revolution in Pakistan? Government Eyes Bitcoin Mining The…
Renta Network has partnered with 4EVERLAND, a Web3 infrastructure solution for decentralized storage and network solutions. The integration of Renta Network seeks to strengthen its blockchain rental ecosystem through better security measures, speed capabilities, and expanded scalability features. Renta Network 🤝 4EVERLAND — Scaling Web3 Rentals Building a decentralized future requires cutting-edge technology. That’s why we’ve partnered with @4everland_org , a leading Web3 platform for storage, computing, and networking solutions. Now, Renta Network is even faster,… pic.twitter.com/S4nvPIayn3 — Renta Network (@RentaNetwork) March 20, 2025 Renta Network strengthens the security of PropertyNFTs through its integration with InterPlanetary File System (IPFS) from…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.96% today against the US Dollar Ethereum is currently trading 8.49% above our prediction on Mar 25, 2025 Ethereum dropped -24.55% in the last month and is down -35.77% since 1 year ago ETH price is expected to drop by -8.01% in…
This is a segment from the Empire newsletter. To read full editions, subscribe. Today, we covered the new blockchain Converge, intended for products and apps that would give institutional investors ways of engaging with tokenized assets. Speaking of tokenization, Blockworks Research analyst Carlos Gonzalez Campo has penned a new report on the subject. “We anticipate the rapid development of purpose-built infrastructure,” Gonzalez Campo wrote. And wouldn’t you know it — we’re already seeing this kind of development in Ondo Chain and Converge. Both are “designed to align with regulatory requirements while leveraging the efficiencies and transparency of open blockchain networks.”…
Leading blockchain payments company Ripple has written to the SEC emphasizing its stance on providing regulatory clarity for crypto. Last month, Hester Peirce, the head of the SEC’s Crypto Task Force, requested public input on establishing clearer crypto taxonomy rules. Her request, titled “There must be some way out of here” suggests a desire to end the regulatory confusion created by the past SEC leadership. Ripple Responds In its response, Ripple criticized the past SEC leadership, particularly the one headed by Gary Gensler. The company emphasized that the SEC’s previous crypto guidance was overly confusing, long, and not backed by…
Binance opened community voting for potential token listings today. The exchange’s users will vote to select two out of nine meme coins, including Mubarak and two Broccoli tokens. The other candidates are BANANAS31, BID, KOMA, SIREN, TUT, and WHY. All these tokens are on the BNB Chain, but future votes will allow any token, provided that it’s been listed on Binance Alpha. Will Binance List MUBARAK? Binance, the world’s largest crypto exchange, can dramatically impact the market with its token listings. Earlier this month, the exchange claimed that it would begin hosting community votes to decide future listings. This plan…
According to a recent X post by Token Terminal, BlackRock’s assets under management on Polygon had surpassed $30 million as of March 2025. The fund initially debuted on Ethereum in March 2024, and later, the asset manager expanded the BUIDL Fund to five new blockchains. BlackRock, the world’s largest asset manager with over $11 trillion in AUM, made a bold leap in digital assets in December 2024 by expanding its tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), across five additional blockchain networks: Aptos (APT), Arbitrum (ARB), Avalanche (AVAX), Optimism’s OP Mainnet, and Polygon (MATIC). Originally launched on…