Author: NBTC

A new survey claims that 1 in 7 Americans bought the new TRUMP meme coin and that over 80% of these buyers made a profit. The survey also found that 42% of TRUMP amd MELANIA buyers are first-time investors in crypto. The survey had a small sample size, and its sweeping conclusions might, therefore, be inaccurate, but it still contains valuable insights into the crypto community. TRUMP Meme Coin Sparks Discussions Donald Trump changed the meme coin market when he launched TRUMP over the weekend. The Solana-based token quickly grew to a $14 billion market cap, and the subsequent MELANIA…

Pro-XRP lawyer John Deaton is convinced that crypto tribalism, coined as a ploy to favour certain digital assets over others, will make a comeback soon. In a message posted on X, Deaton said it was “great” to watch industry leaders debate whether the US government should set up a Bitcoin reserve exclusively or consider adding other cryptos. Deaton’s recent comments come after President Donald Trump signed an executive order on Thursday to form a “crypto asset working group” in the presence of newly appointed crypto czar David Sacks. The task force will reportedly explore the creation of a federal strategic…

Argentina and Mexico are among the nations with the highest levels of crypto adoption in the world, according to the latest report issued by Chainalysis. Sebastian Reyes, Chief Analytics Officer of Vita Wallet, believes this is due to the economic instability of these nations. Argentina’s Crypto Adoption Drops, Mexico Rises According to Chainalysis’ Report Latam continues to be a hotbed for crypto, as several of the region’s nations are at the top of the adoption ranks. The latest report by Chainalysis, the blockchain intelligence firm, confirms this, with Argentina and Mexico taking the 15th and 14th places, respectively. Argentina has…

Messari founder Ryan Selkis has urged soon-to-be President Donald Trump to dismiss the team behind the release of the MELANIA meme coin. According to him, the launch was poorly executed, undermined Trump’s financial interests, and damaged some of the public goodwill he has enjoyed since winning the U.S. presidential polls in November 2024. Market Collision Between Two Meme Coins In a January 19 post on X, Selkis admonished the people who had greenlighted the MELANIA project, saying they did not know what they were doing and did not have the President-elect’s best interest in mind. This was after the meme…

The UK’s Financial Conduct Authority (FCA) issued a warning to wholesale firms, highlighting broker misconduct as a major risk to market integrity. In its latest “Dear CEO” letter, the regulator laid out concerns about insider trading, market abuse, and non-financial misconduct, urging firms to tighten their controls. According to the regulator, brokers occupy a unique and powerful position in wholesale firms. As revenue drivers and primary client liaisons, they hold significant influence over their employers. However, the watchdog highlighted the risks that come with this mandate. This includes the fact that brokers handle sensitive market information, including supply-demand dynamics and…

Changpeng Zhao, the former CEO of the Binance exchange, recently conducted several X polls that have revealed some surprising facts about cryptocurrency investors. According to the results of the poll, only a slim majority of his followers (50.4%) actually managed to make money with Bitcoin. Nearly 27% of the respondents do not own any Bitcoin, while more than 23% have actually lost money despite the fact that the leading cryptocurrency recently reached a series of record peaks. Another poll has also revealed one more striking fact: Nearly 45% of cryptocurrency investors have lost money with meme coins. Only a third…

Rivalry, a crypto casino as well as sports and esports betting platform, has added the recently launched TRUMP Solana meme coin as a form of payment. This move took place on Saturday, shortly after the coin dropped, and ahead of Donald Trump being inaugurated as the 47th President of the United States on Monday. The official Trump meme coin launched on Solana late Friday and quickly skyrocketed to a $15 billion market cap—now settling under $8 billion as the third-largest meme coin, according to CoinGecko. It was met with a flurry of centralized exchange listings from the likes of Binance,…

The new crypto-friendly US President Donald TRUMP took an expected step today and signed an important executive order regarding cryptocurrencies. According to the decisions included in the executive order in question, a cryptocurrency task force will be formed that will work to create a “digital asset stock” from crypto assets confiscated by the US government. The use of the word “stock” instead of “reserve” in the details of the decisions announced by the White House has caught the attention of the crypto community. Since the asset must be continually acquired to create a reserve, if it is in the reserve,…

Famed investor and Bitcoin advocate Anthony Pompliano has offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” Famed investor and Bitcoin advocate Anthony Pompliano offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” 1. Repeal SAB 121 In a video posted on Jan. 14, Pompliano, CEO of Professional Capital Management, outlined three actions Trump could take to push Bitcoin (BTC) prices “much, much higher.” His first recommendation was to repeal Staff Accounting Bulletin No. 121 (SAB 121), which prevents banks from holding digital assets…

Pudgy Penguins NFTs and PENGU, the ecosystem’s Solana token, have fallen sharply in the last 24 hours since its parent company launched Abstract, a consumer-focused Ethereum layer-2 network. PENGU has fallen 24% during that time and 49% in the last 30 days to $0.0173, dropping it outside the top 100 crypto assets by market cap according to CoinGecko. The Solana token has fallen to its lowest price since the volatile launch day in December. Meanwhile, the original Pudgy Penguins NFTs on Ethereum have experienced a similar decline, dropping just under 20% in the last 24 hours, and 39% on the…