Author: NBTC
The fusion of traditional finance with the burgeoning realm of cryptocurrencies has taken another significant stride as Alchemy Pay joins forces with Influpia, a pioneering Web3 multi-chain social platform. The integration introduces a fiat-crypto On and Off-Ramp solution, aiming to streamline accessibility to digital currencies through local fiat currencies. Influpia, distinguished for its innovative approach to converting social influence into tangible assets via blockchain technology, has integrated Alchemy Pay’s solution seamlessly into its platform. This integration enables users, both experienced crypto enthusiasts and novices, to effortlessly purchase and sell Bitcoin using their preferred fiat payment methods directly within the Influpia…
David Schwartz, chief technology officer at Ripple Labs, has stated that it is “nearly impossible” to avoid selling XRP even if one wants to continue holding. Earlier, he said that “everyone who holds a digital asset can sell it if they wish to.” Schwartz also previously explained the tax implications of receiving XRP from the company. For instance, if Schwartz were to be given a bonus of 1,000,000 XRP from Ripple, he would need to sell a substantial portion of this sum in order to cover the taxes owed on it. Taking into account both federal (Fed) and California (CA)…
Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch
A court in Australia mostly ruled in favor of Australia’s markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme. The court clarified that blockchain was not part of the financial product. An Australian Federal Court mostly ruled in favor of Australia’s markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme, on Friday, court documents and the regulator’s announcement show. Judge J Downes ruled that the Australian Securities and Investments Commission (ASIC) “succeeded on its Unlicensed Conduct Case, other than in relation to the period during which BPS was…
Bitcoin holders in the market for a terrifying fire-spewing robot dog can now get 10% off if they make their purchase using the world’s most popular crypto. The four-legged flamethrower — official name ‘Thermonator’ — is currently priced at $9,420 but, according to its seller Throwflame, buyers can knock off $942 if they use bitcoin to make the purchase. If that wasn’t a sweet enough deal, Thermonator comes with free US shipping and a further discount if bought in bulk as a ‘wolf pack.’ To create the four-legged death-dealer, Throwflame has taken a robotic dog designed by Boston Dynamics and…
VeChain reports robust financial position, exceeding $440 million in assets. Highlights include research collaborations and partnerships driving ecosystem expansion. Commitment to advancing blockchain technology for mainstream adoption in 2024. VeChain Foundation publishes a comprehensive financial report, highlighting a robust financial position exceeding $440 million in assets by the end of 2023. The report underscores VeChain’s commitment to transparency and its pivotal role in shaping the future of blockchain technology. In continuation of our commitment to transparency over #VeChain’s Treasury and expenses, we are pleased to share the latest financial report, covering both Q3 and Q4 of 2023.As of 2023 end,…
Beck & Bulow, a nationally acclaimed meat and seafood company based in Santa Fe, New Mexico, has announced its decision to accept Bitcoin as payment online and in-store, as well as include it in their employee 401k program. The company has also committed to holding Bitcoin and revenue generated in Bitcoin in its reserves indefinitely. Founded in humble beginnings, working farmers markets and selling meat door-to-door, Beck & Bulow has grown to play a much bigger role in the meat supply chain in New Mexico. The company now serves over 1,000 restaurants and retailers across the United States, including luxury…
Reserve Rights Token (RSR) price continued soaring this week as investors continue focusing on tokenization. It peaked at $0.013 on Tuesday, 720% above its lowest level in 2023. This makes it one of the best-performing tokens in the market. Reserve Rights Token chart Reserve Rights has done well because of continued inflows in its ecosystem and the hopes that tokenization will continue doing well. In a statement, the developers noted that the ecosystem’s reserves had jumped to over $102 million. One. Hundred. Million.🫳•••🎤 pic.twitter.com/T8AO4EBQYs — Reserve (@reserveprotocol) March 27, 2024 These inflows continued on Wednesday. According to DeFi Llama, the…
According to cryptocurrency analytics platform Lookonchain, a major Bitcoin whale recently purchased 620 Bitcoins ($39.8 million) at the bottom of a recent price correction. The whale in question has acquired an astonishing $282.38 million worth of Bitcoin at an average price of $64,471. In the meantime, the Bitcoin price has already walked back the entire price plunge. According to CoinGecko data, the flagship cryptocurrency is currently trading at $64,676 after previously dropping to $62,923. card As reported by U.Today, the sharp drop was caused by fresh US economic data that showed rising inflation and slowing GDP growth. Futures traders have…
Forbes Senior Contributor Billy Bambrough has argued that XRP benefited from the $300 billion influx that hit the crypto market recently. XRP Impacted in Market $300B Influx In a recent publication, Bambrough highlighted that Bitcoin and major coins like XRP witnessed sudden rallies. The Forbes senior contributor underscored that Bitcoin has surpassed the $70,000 mark, nearing its all-time peak of $73,850 in the last 24 hours. Goldman Sachs Reveals Bitcoin Game-Changer As $300 Billion Price Earthquake Hits Ethereum, XRP And Crypto Market https://t.co/a9k5e0l65m pic.twitter.com/S2NOHBkrMT — Forbes (@Forbes) March 25, 2024 Additionally, he pointed out that XRP and other leading cryptocurrencies…
The price of dog-themed cryptocurrency Shiba Inu (SHIB) has seen a notable surge in the last 24 hours. Shiba Inu surged by as much as 11% before erasing some of its gains amid profit-taking on the overall cryptocurrency market. The surge in the SHIB price comes on the heels of the announcement of new listings for both SHIB and BONE ShibaSwap (BONE), the Shiba Inu governance token, and also Shibarium’s gas token. LBank crypto exchange recently announced a new futures listing: BONE perpetual is now available on the platform with up to 50x leverage. #LBankFutures New Listing🚀💎 $BONE perpetual with…