Author: NBTC

Pakistan creates PDAA to regulate crypto market, aiming to unlock $25 billion economic potential. PDAA will oversee Bitcoin, stablecoins, tokenized assets, wallets, and decentralized finance applications. Recent deal with Trump-backed WLF and Binance’s CZ signals major international crypto collaboration. With FATF-compliant rules, Pakistan positions itself as South Asia’s next big crypto hub. Pakistan is officially stepping into the world of digital finance. The government has just launched the Pakistan Digital Assets Authority (PDAA), a new body that will manage and regulate Bitcoin and other digital assets across the country. This move comes at a time when Pakistan’s unofficial crypto market…

Bitcoin ATMs have seen a surge in popularity across the globe, particularly in urban areas where cryptocurrency adoption is growing. As digital currencies move closer to mainstream finance, more individuals are turning to these machines as a way to buy or sell Bitcoin quickly and conveniently. But with increased visibility comes a crucial question: are Bitcoin ATMs safe? This article aims to answer that question comprehensively. Whether you’re a beginner looking to buy your first fraction of Bitcoin or a seasoned crypto user exploring alternative on-ramps, understanding the risks and security features of Bitcoin ATMs is essential. What Is a…

New data from Nansen listed the top EVM-compatible chains that witnessed the highest on-chain activity over the past seven days. Similar to the Ethereum blockchain, these chains are blockchains that use EVM’s capabilities, enabling developers to build DApps and smart contracts. As reported by the latest Nansen data today, several EVM blockchains (led by IOTA, Hyperliquid, and many others) experienced impressive growth in on-chain activity in the past week. Some EVM chains had a strong week by user growth, others by pure throughput:🔼 Top % change in active addresses:– @iota : +123%– @HyperliquidX: +35%– @SeiNetwork : +22%🔼 Top % change…

American economist Kenneth Rogoff believes that the rise of crypto poses a threat to the hegemony of the U.S. dollar. Rogoff previously served as the chief economist at the International Monetary Fund (IMF) and on the Federal Reserve Board. He is a published author and an economics professor at Harvard University. In an interview with Bloomberg, Rogoff said that while the U.S. dollar is still the most dominant global currency, its influence is decreasing. “I see it [dollar’s dominance] as in decline — it’s fraying at the edges where, of course, the renminbi is breaking free of the dollar, the…

Chicago-based derivatives giant CME Group has urged the holders of XRP ahead of the launch of futures tied to the popular altcoin. The much-awaited product is expected to go live on May 19. CME inadvertently revealed its plans to introduce XRP with a beta page on its website. The derivatives giant quickly moved to downplay the leak, claiming that it was merely a mock-up in a test environment. However, XRP did confirm its intention to launch such a product in April. The official confirmation came shortly after CME introduced Solana futures. As reported by U.Today, Bitnomial rolled out the very…

Democratic Senator Kirsten Gillibrand has played a significant role in the GENIUS Act, a bipartisan bill that, if passed, will regulate the use of stablecoins in the United States. But, as a lead co-sponsor of the bill, Gillibrand’s involvement in its passage comes with its share of controversy. In an investigation into campaign financing during the 2024 federal election cycle, BeInCrypto found that the combined donations from individuals associated with prominent crypto firms—including Coinbase, Ripple, Uniswap Labs, Andreessen Horowitz, and dYdX Trading—exceeded $200,000 for the New York Senator’s campaign. The GENIUS Act: A Step Closer to Federal Stablecoin Regulation On…

Cryptocurrency exchange Kraken is joining forces with tokenized stock issuer Backed and the Solana Foundation to launch digital assets representing U.S. stocks and ETFs on the Solana blockchain. The new platform has been announced as “xStocks” and the first tokenized assets will be offered via the Kraken app to eligible users in select non-US markets via the SPL standard. The new partnership was announced at the Solana Accelerate event in Lisbon. According to the project, Backed will bring digital representations of US-listed stocks and ETFs to the Solana blockchain. These assets will be offered to investors under the brand name…

⚈ Bitcoin is trading near $96,739 and aiming to break $100,000 soon.⚈ Key levels to watch are $94,657 (support) and $97,828 (resistance).⚈ High RSI suggests BTC may face short-term downside before another rally. After threatening to end the bull cycle before coming close to the previously forecasted cycle tops near $200,000, Bitcoin (BTC) broke out in mid-April and is once again promising to reclaim the psychologically important $100,000 level. Specifically, after falling to 2025 lows near $75,000 on April 7 and April 8, as Liberation Day tariffs pushed stock and cryptocurrencies lower, and bond yields and gold higher, BTC set…

Strategy (formerly MicroStrategy) is on a wild ride as it runs up by 119% over the past year. Mostly seen as the Bitcoin proxy stock now boasts a staggering $101 billion market cap. However, its recent bet on Bitcoin might have opened a crack beneath the surface. 10X Research warns that Strategy’s days of high-flying volume may be over. Retail traders who were chasing the rally could soon shift toward even riskier, more volatile names like Metaplanet. This comes in when BTC went on to hit a fresh all-time high (ATH) of over $111,900 on May 22 before tracing back…

Byte has grown in popularity over the past few months after becoming the first fully AI-generated meme coin. Grok, the AI model developed by Elon Musk that launched BYTE, holds a little over a fourth of the token’s supply. Even under command, Grok will not sell off its BYTE holdings. BeInCrypto spoke with BYTE and Cliza Systems representatives to understand the mechanisms that led to BYTE’s creation and how its developer wallet is managed to avoid scams or rug pulls. BYTE: From a Simple Question to a $4 Million Market Cap Token BYTE made headlines in March for becoming the…