Author: NBTC

Key Takeaways Bitnomial legally challenges SEC’s classification of XRP as a security. Federal court’s previous ruling on XRP contradicts SEC’s current claims. The US Securities and Exchange Commission (SEC) has faced a second dispute this week. On Thursday, Chicago-based digital asset derivatives exchange Bitnomial said it had brought a lawsuit against the SEC over its claims that XRP futures are “security futures” under its jurisdiction. Bitnomial, regulated by the Commodity Futures Trading Commission (CFTC), had self-certified the XRP US Dollar Futures contract in August, following the final judgment in the SEC vs. Ripple lawsuit. In other words, the exchange had…

According to @OnchainDataNerd, an analytics account on the X social media platform (formerly known as Twitter), there has recently been a large Bitcoin sale initiated by a dormant crypto whale. The tweet published by the aforementioned data source says that the last time this whale showed any activity was five years ago, when they bought slightly less than 1,000 BTC on one of the world’s largest exchanges, Huobi. Now, they have begun selling that BTC on the Binance trading platform. @OnchainDataNerd spread the word about this whale moving 301 Bitcoins to Binance. This amount of the leading cryptocurrency is worth…

In a disclosure dated March 29, Tom Carper, the senior United States Senator from Delaware, revealed a March 21 purchase of $1,001 to $15,000 in Arcadium Lithium (NYSE: ALTM) shares. The mid-cap mining stock had not been traded by any U.S. politician before — and it hasn’t been traded since. ALTM is down 18.50% year-to-date (YTD) — however, the recent October 9 announcement that Rio Tinto (NYSE: RIO) will acquire the company in a $6.7 billion all-cash deal has seen stock prices rise by 30% the same day. Carper acquired shares at a price of $4.63 — at press time,…

The Open Network (TON) emerges as a leader among Layer-1 networks, accounting for a significant proportion of transactions in the L1 space in September. TON blockchain gained mainstream attention in 2024, ascribed to a series of Telegram-related projects launched atop its network. TON Blockchain Leads L1 Transactions in September CryptoQuant data shows TON is the most popular L1 on transaction volume metrics, accounting for 50% of the market in the last month. The report ascribes this traction to major token launches atop its network, including viral tap-to-earn games Hamster Kombat and Catizen and other projects like DOGS and Watbird. Indeed,…

A London resident has denied charges of operating an illegal cryptocurrency ATM business and laundering criminal proceeds. The individual is accused of converting £300,000 into digital currencies without Financial Conduct Authority (FCA) authorization. The regulator stressed that there are no legal crypto ATM operators in the country. London Man Denies Running Illegal Cryptocurrency ATMs Habibur Rahman, a resident of East Ham, London, has denied charges of operating an unlicensed cryptocurrency ATM business and laundering criminal proceeds through cryptocurrency transactions. The 37-year-old appeared at Medway Magistrates’ Court, pleading not guilty to running the illegal machines without authorization from the Financial Conduct…

Congressman Davidson criticizes the SEC for hindering the availability of safe Bitcoin storage as well as for slowing down the development in the field of digital assets. The regulatory position of the SEC is putting a halt on the institutional and individual investors from safely storing Bitcoin. The continuous rise of the market and the trillion-dollar worth of bitcoin show that cryptocurrencies should be regulated to protect the consumers US Congressman Warren Davidson has expressed some concerns of his on the operations of the Securities and Exchange Commission SEC particularly under the chairmanship of Gary Gensler. In a rather direct…

21Shares launches FUTR, its first megatheme crypto ETP in Europe. FUTR offers exposure to six major trends in the crypto economy. 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs), has introduced its 44th crypto ETP, the Future of Crypto Index ETP (FUTR), in Europe. The new product, designed as a “megatheme” ETP, offers investors exposure to six major sectors within the evolving crypto economy, including payments, social, gaming, decentralized finance (DeFi), artificial intelligence (AI), and smart contract blockchains. Listed on both Euronext Paris and Euronext Amsterdam, the FUTR ETP is fully backed by underlying crypto assets held in secure…

EigenLayer’s highly anticipated native token EIGEN has launched, with its price jumping nearly 15% on its debut to reach a peak of $4.53. While major exchanges such as Binance and Coinbase made consecutive listing announcements for EIGEN, Tron founder Justin Sun, one of the largest holders, began unloading the EIGEN tokens he received in airdrops. Justin Sun moved 5.37 million EIGEN, which raises the question of whether this will cause a collapse in the price of EIGEN. Justin Sun Claims His EIGENs! Tron founder Justin Sun received over $38.74 million in EigenLayer airdrops on his way to Ethereum ReStaking. According…

The Brazilian Federal Police launched Operation Alcacaria this Wednesday, aiming to thwart the action of a network focused on providing money laundering services using cryptocurrency. The operation involved 62 search warrants, 13 arrest warrants, and the seizure of funds of the involved entities in banks. Brazilian Authorities Execute Operation Alcacaria Against Crypto Money Laundering Actors Brazil is strengthening measures against institutions leveraging crypto to complete financial crimes. Local media reported that the Brazilian Federal Police launched Operation Alcacaria on Wednesday, targeting several financial operators that provided money laundering services to criminal organizations nationwide. The operation was executed jointly with the…

Trading Bitcoin can follow many strategies. Do you use Fundamental Analysis or Technical Analysis? Are you a day trader, swing trader, scalper, or HODLer? No matter which type of trader you are, it is always good to “mind the gap”. So then, what exactly is the Bitcoin CME gap? The Bitcoin CME gap: What it is and how to use it So what is the Bitcoin CME gap? Let’s have a look at what Bitcoin and the CME are, to begin with. What is Bitcoin crypto? Bitcoin is the most recognized digital and decentralized cryptocurrency. It is created through solving…