Author: NBTC

SEC Chair Gary Gensler has issued a settlement demand to Elon Musk, warning him of potential charges unless payment is made within 48 hours. The Securities and Exchange Commission is reportedly preparing multiple charges, but the letter remains vague about the specifics, such as the exact nature of the charges and how many of Musk’s companies are involved. Recently, Musk’s attorney, Alex Spiro, was subpoenaed by the SEC, with threats of a process server if he didn’t comply. JUST IN: SEC Chair Gary Gensler has issued a settlement demand to Elon Musk, threatening charges unless Musk paid within 48 hours.…

The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. As Bitcoin surpassed its all-time high earlier this year, driven by institutional interest, many expected a similar surge in the decentralized finance (DeFi) space. With DeFi surpassing $100 billion in total value locked (TVL), it was the perfect time for institutions to jump on board. However, the anticipated flood of institutional capital into DeFi has been slower than predicted. In this article, we’ll explore the key challenges hindering institutional DeFi adoption. Regulatory Hurdles Regulatory uncertainty is perhaps the most significant roadblock for institutions. In major markets like…

Venture capital (VC) funds invested nearly $800 million in crypto startups in November, according to DefiLlama data. Despite recording the fourth-best month for funding this year, the amount was down 8% compared to the money raised in October. Infrastructure still reigns The blockchain gaming sector raised roughly $71 million in funding, while general web3 projects secured $8.2 million in funding. Monkey Tilt, an online platform offering a gamified gambling experience fueled by crypto, raised the most funding in the gaming sector, with $30 million. Pantera Capital led the Series A round. VC funds poured over $583 million into startups developing…

Kamala Horris (KAMA), the meme coin linked to current US Vice President Kamala Harris, is down 28% in the last seven days. This development comes following rising odds that Republican candidate and former president Donald Trump could win the next elections. About one week ago, KAMA’s price was $0.0087. Today, the cryptocurrency is trading at $0.0059, and this analysis explains why the value of meme coins might continue to sink. The Kamala Harris meme coin decline could be linked to the fact that the odds are clearly in favor of Trump winning the election. A few weeks back, both candidates…

Federal bank regulators may soon be on the chopping block. President-elect Donald Trump’s team is exploring eliminating agencies like the FDIC, sparking a debate that could reshape America’s financial landscape. Trump’s Plan to Eliminate the FDIC could be a step toward innovation, or are we gambling with stability? What the FDIC Does—and Why It Matters The Federal Deposit Insurance Corporation or FDIC is the authority that keeps banks in check. It makes sure that your money remains safe even if the bank fails. This system was created after the Great Depression to build a secure banking system. People need to…

According to the 2024 report by ChainPlay, a company specialized in the analysis and evaluation of blockchain projects, the GameFi sector is said to be in great difficulty. Based on the findings, 93% of the projects in this niche have failed, with an average decline of 95% from their all-time highs. A total of 3,200 case studies were analyzed. Even investments in the sector have not been particularly profitable, putting investors on alert about its future in the GameFi landscape.All the details below. ChainPlay studies 3,279 projects in the GameFi sector Difficult life for new GameFi projects: 93% fail in…

Tools for Humanity, a contributor to the human identity network and crypto project World, has announced a strategic partnership with artificial intelligence startup Modulus Labs. Modulus Labs is joining Tools for Humanity to bolster World (WLD), the TFH team revealed in a blog post on Dec. 12. As part of the partnership, Modulus Labs co-founders Daniel Shorr and Ryan Cao, along with team members Giorgos Zirdelis, Ende Shen, Ben Wilson, Makis Arsenis, and Vishruti Ganesh, will join the TFH team. This collaboration is set to enhance World by expanding Tools for Humanity’s capabilities. Together, they will establish a new Applied…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is down -3.81% today against the US Dollar BTC/ETH increased by 4.01% today Bitcoin is currently trading 8.69% below our prediction on Dec 14, 2024 Bitcoin gained 27.03% in the last month and is up 121.57% since 1 year ago BTC price is expected…

LogX has announced a new partnership with Mint Blockchain, enhancing its offerings in the DeFi space. Mint, built on the Superchain, connects global consumers with NFTs, expanding the possibilities for decentralized finance. This partnership is expected to elevate trading to the next level and sees Mint introducing some unique features on its LogX platform. The partnership will bring an improved, enhanced and convenient DeFi experience to the users. LogX 🤝 Mint pic.twitter.com/f0k6M10CNU — LogX 🪵 (@LogX_trade) December 13, 2024 LogX Launches Quest with $13,000 OP Tokens and $10,000 LOGX Tokens in Prizes In this regard, LogX is offering a quest…

Polymarket bettors see a 90% chance of business intelligence firm MicroStrategy being added to the widely tracked Nasdaq 100 index. California-based information technology company Super Micro Computer (SMCI) and Massachusetts-based biotechnology company Moderna are on track to be removed from the index. The popular stock market index was launched back in 1985. Investors get exposure to this index with the help of the Invesco QQQ exchange-traded fund. As reported by U.Today, the tech-heavy index tends to have a high level of correlation with Bitcoin. The list of companies included in the index includes such big names as Apple, Nvidia, Amazon,…