Author: NBTC

Ripple CTO David Schwartz was recently part of a discussion on X (formerly Twitter), which sought to understand the concept of blockchain immutability. This was in the context of the lost transactions on the XRP Ledger and missing blocks on the Ethereum blockchain. An X user sought to understand the concept of immutability and asked the Ripple CTO about it. This tweet drew the attention of the XRP community, including a popular blockchain explorer, XRP Scan, and the Ripple CTO, who joined the discussion. Immutability is regarded as one of the core, defining properties of a blockchain. It is a…

The U.S. Court of Appeals for the Second Circuit (2nd Circ.) has ordered a brief on SEC vs. Ripple and its executives’ case to be filed on or before January 15, 2025. The court also ordered to dismiss the appeal if the SEC fails to file the brief after that date. James K. Filan, a defense lawyer and former federal prosecutor, disclosed that the SEC filed a scheduling notification under the SEC vs. Ripple and its executives’ case with the Second Circuit. In the court filings, the commission requested an extension to January 15, 2025, after failing to meet the…

“Markets hate uncertainty,” goes an old Wall Street saw. Just about 96 hours ago, the price of bitcoin (BTC) was within a few dollars of breaking through its all-time high above $73,700, perhaps helped along by a surge in momentum for crypto-friendly GOP presidential candidate Donald Trump. At that time, Trump’s victory chances on betting market Polymarket had risen to as high as 67% (with his opponent Kamala Harris’ chances dropping to a corresponding 33%). Since, though, Trump’s odds have been falling, as has the price of bitcoin and cryptocurrencies in general. At one point overnight, the former president’s victory…

MicroStrategy is one of the best ways for equity investors to gain bitcoin exposure, the report said. Canaccord raised its price target for the company to $300 from $173, while maintaining its buy rating on the shares. The broker said it was bullish about bitcoin’s outlook following spot ETF approval in the U.S. and the halving event. MicroStrategy (MSTR), the software company founded by Michael Saylor, remains one of the best ways that equity investors can gain exposure to bitcoin (BTC) given the company’s intelligent leverage strategy, broker Canaccord said in a research report Thursday. The broker raised its MicroStrategy…

DWF Labs has dumped CRV tokens worth approximately $4.12 million. This translates to 12.5 million Curve DAO tokens in the last few days. The dump of CRV tokens reportedly occurred at a loss of around 17.5%. DWF Labs had injected funds into the ecosystem at a time when it was looking for support. In 2023, a hack on the network led Michael Egorov to embark on a massive sale. He found DWF Labs as a suitable partner who was willing to acquire those tokens for around $0.40. What happened later is obvious: DWF saw a lack of growth and ended…

Germany’s crypto tax policy allows long-term holders to sell assets after one year without incurring capital gains tax. Singapore and the Cayman Islands offer zero capital gains tax, making them lucrative destinations for crypto investors. Switzerland and Malta provide clear, flexible tax policies, with Switzerland treating crypto as foreign currency and Malta supporting blockchain growth. Cryptocurrency investors are increasingly seeking jurisdictions with tax-friendly regulations to maximize their profits and manage liabilities effectively. This means that investors in the cryptos are looking for countries that will allow for the taxation of their profits and credits in a way that enables them…

Bitcoin mining difficulty just set a new record, hitting heights that are forcing miners to throw even more resources at the network. With competition heating up and Bitcoin holding steady near its all-time highs, the industry faces new pressures. Now miners need even more computational power to keep pace, leading to higher costs and potentially straining the system’s sustainability. Miners aren’t just dealing with new difficulty levels. Bitcoin’s recent price action has them scrambling as well. As demand rises—largely driven by ETF purchases—mining competition is climbing, but so are expenses. And transaction fees, which often help cover mining costs, might…

Bitcoin holds strong at the $68,000 price mark. Analysts expect BTC to blast off to the $80,000 price level setting a new ATH soon. If this comes to be, another analyst states that a trend top of $114,000 for BTC is likely. Bitcoin (BTC) price continues to hold the $68,000 price level amidst the start of the second month of what is expected to be a highly bullish Q4. Analysts from across the world believe this quarter is when BTC price will reclaim its previous ATH target of $73,700. So far, Bitcoin hit $73,400 before retreating to below $70,000. Bitcoin…

Triangle is being bought by stablecoin company Bridge, which itself is the target of a takeover by payments giant Stripe. Financial details of the transaction were not disclosed. Triangle founder, Tasti Zakarie, previously worked for Stripe. Triangle, a web3 wallet infrastructure platform founded by Stripe alumni Tasti Zakarie, has been acquired by stablecoin payments platform Bridge, the company said in a press release on Friday. As part of the deal, the Triangle team will join Bridge to help build scalable stablecoin systems, the company said. Financial details of the transaction were not disclosed. Bridge itself is a recent acquisition target.…

Justin Sun, the founder of the Tron network, has applauded the impressive price performance of Ethereum-based memecoin, the First Neiro on Ethereum (NEIRO). In a post on Monday, Sun commented, “This dog’s got some serious swag,” to a picture of NEIRO’s price surge following an announcement from leading exchange Binance that it would list the token for spot trading by 10 AM (UTC). https://twitter.com/justinsuntron/status/1835578519822409875 In a subsequent post, the founder showed a keen appreciation of NEIRO’s preposterous rise to fame, applauding the community for the massive support. Sun stated that the community always wins, insinuating that NEIRO’s listing on Binance…