Author: NBTC

The U.S. risks lagging in stablecoin regulation at the federal level amid competing jurisdictions worldwide, even as the Republican and Democratic parties work to establish clearer rules for the sector. The concern was highlighted by Circle’s Vice President, Yam Ki Chan, in an interview with Decrypt during Korea Blockchain Week on Wednesday, where he discussed global regulatory shifts. “Major jurisdictions around the world have set a minimum baseline for what a well-regulated stablecoin looks like,” Chan said. “The one that doesn’t have it fully yet is the U.S. at a national level.” That runs against other regulations worldwide, including the…

BitMEX will introduce new quarterly futures contracts on September 10, 2024. These additions expand the platform’s range of tradable assets and offer more opportunities for traders to lock in future prices. The contracts will be available for key cryptocurrency pairs, enhancing BitMEX’s futures market offerings. BitMEX New Listings The new contracts BitMEX will list include the following pairs: Cardano/Bitcoin (ADAZ24), Ether/Bitcoin (ETHZ24), Ripple/Bitcoin (XRPZ24), Ether/USD (ETHUSDZ24), Bitcoin/USD (XBTM25), and Bitcoin/USDT (XBTUSDTZ24), with settlement dates on December 27, 2024. Additionally, Bitcoin/USD (XBTM25) futures will be available, expiring on June 27, 2025. Quarterly futures differ from perpetual futures in that they have…

After undergoing a period of consolidation, the price of Bitcoin (BTC) is showing signs of a recovery. On August 9, a prominent crypto trading expert, TradingShot, shared a Bitcoin price forecast on TradingView, leveraging the ‘Golden Ratio’ correlation. This powerful signal, derived from the relationship between Bitcoin and the Gold/Russell 2000 (GOLD/RUT) ratio, has historically been a reliable predictor of Bitcoin’s parabolic rallies. The ‘Golden Ratio’ correlation and its historical significance According to the analysis, the chart pattern is beginning to unfold again, suggesting that a substantial upward movement could be imminent. The pattern highlights a significant correlation between Bitcoin’s…

Ethereum’s negative average returns in September could see the top altcoin record another month of losses. US products spark another week of net outflows for Ethereum ETFs. Ethereum price needs to move outside a key rectangle to determine its next trend. Ethereum (ETH) is up 2% on Monday despite negative sentiment around ETH’s historical weak price action in September. Meanwhile, ETH ETFs continue their weak trend, recording another week of net outflows. Daily digest market movers: Ethereum weak September returns, ETH ETF outflows Several market participants are anticipating that Ethereum may see further declines in September due to its historical…

SolarWise’s partnership with VeChain integrates $VET into its ecosystem, boosting the token’s utility in renewable energy operations. SolarWise progresses towards sustainable energy solutions with its first solar farm in Brazil, supported by VeChain’s blockchain integration and real-time DAPP monitoring. Following VeChain’s previous collaborations with the Crypto Carbon Ratings Institute (CCRI) to rapidly implement its framework and ensure compliance with the EU’s Markets in Crypto Assets regulation (MiCA), as reported in a recent CNF update, the company continues to expand its partnerships. Currently, VeChain’s partner, SolarWise Own The Sun AG, is advancing its renewable energy and blockchain integration with the upcoming…

Attorney Fred Rispoli has tried to soothe concerns about the SEC’s potential appeal in the Ripple case. According to the legal expert, if the regulatory agency does decide to appeal the case, there will not be a ruling in the case until at least 2026. He has noted that the SEC suing exchanges and alleging that several tokens are unregistered securities has dramatically “lessened the sting.” “If Ripple and/or XRP don’t make it now, it’s not because of the SEC’s case,” he added. Rispoli has also stated that the recent trial court ruling, which is considered to be favorable to…

barq, a Saudi financial services startup, has announced a partnership with Mastercard. This agreement will allow barq to offer a range of payment acceptance solutions through Mastercard Gateway. The partnership aims to provide merchants and consumers in Saudi Arabia with access to various services that cater to their specific needs. barq plans to use Mastercard Gateway technology to enhance its service offerings. The partnership is expected to improve convenience, speed, and security for customers. This includes advanced payment processing and fraud prevention features that will be integrated into barq’s platform. “This represents an exciting point in history – both for…

Bitcoin has surged past the $60,000 mark, briefly touching $62,600 after a remarkable 25% increase in just over three days. This sudden rise in value was unexpected, especially given Bitcoin’s recent struggles. At the same time, financial analyst Tom Lee made a bold prediction, claiming that Bitcoin’s price is about to get “fking crazy.” Lee believes the worst of the downturn is behind us, signaling a potential for even more explosive growth. Tom Lee’s Bold Prediction Speaking in a recent interview, Tom Lee suggests that the worst of the market’s recent selloff is over, and we are on the verge…

Este artículo también está disponible en español. Ethereum price is attempting a recovery wave from the $2,400 zone. ETH must clear $2,550 to continue higher in the near term. Ethereum started a decent recovery wave above the $2,450 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,485 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above $2,500 to start another increase in the near term. Ethereum Price Starts Recovery Ethereum price extended losses below the $2,500…

According to a recent update, 185 Ripple USD (RLUSD) tokens have been burned at the RLUSD Treasury. The tokens were destroyed by sending them back to the issuer account. There are no tokens in circulation on the XRP Ledger or Ethereum as of now. As reported by U.Today, Ripple started testing its stablecoin in private beta earlier this month. The minting process began roughly a week ago with the aforementioned 185 tokens, according to data provided by XRP Scan. For now, some of the company’s enterprise partners are able to gain access to the new product. This, of course, means…