Author: NBTC
The South Korean cryptocurrency market has experienced an explosion of activity in the last 24 hours. According to trading data from Upbit and Bithumb, the country’s two largest exchanges, many altcoins have seen notable jumps in volume. Korean investor interest is particularly strong in highly liquid assets like XRP, Bitcoin, and Ethereum. When Upbit and Bithumb’s 24-hour trading volumes were combined, the most prominent altcoins were listed as follows: XRP — $448 million Bitcoin — $354 million Tether (USDT) — $261 million Ethereum (ETH) — $178 million 0G — $124 million Intuition (TRUST) — $115 million Creditcoin (CTC) — $102…
Galaxy Digital, a crypto-focused financial services firm for institutions, unveiled a platform for individual investors on Monday, putting it in direct competition with platforms like Kraken and Robinhood that offer both cryptocurrency and equities trading. The service, called GalaxyOne, has a dedicated mobile app, the company said in a press release, while highlighting features that it thinks could chip away at an industry dominated by a handful of firms in the U.S., such as “premium” yield for accredited investors. Galaxy is aiming for a middle ground between financial institutions with billions of dollars in assets under management and accounts belonging…
Surging crypto enthusiasm is powering a seismic shift in U.S. holiday spending as consumers increasingly favor digital assets over gift cards, signaling unstoppable momentum for crypto-driven payments and gifting. Crypto Emerges as a Holiday Spending Powerhouse Growing interest in digital assets highlights strong consumer appetite for crypto-driven holiday spending and gifting behaviors today. Payments giant Paypal announced last week that new research with the National Cryptocurrency Association (NCA) shows Americans increasingly view crypto as a meaningful alternative to traditional gift cards, reflecting a structural shift in payment preferences. Paypal explained: As cryptocurrency continues to gain mainstream momentum, American shoppers are…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Paraguay’s government plans to terminate special energy contracts with Bitcoin miners by 2027. Miners benefited from decade-old preferential energy rates from Yacyretá and Itaipú hydroelectric dams. Bitcoin mining in Paraguay could face a setback starting in 2027 due to decisions driven by political considerations, according to Ricardo Prieto Sosa, director and founder of the Paraguayan Blockchain Chamber. The executive spoke on November 21 at Devconnect Argentina in Buenos Aires, an event at which he served as a speaker. Prieto Sosa is a reference in the…
According to CryptoSlam data, NFT sales volume has climbed by 9.78% to $77.04 million, up from last week’s $72.53 million. Summary NFT sales hit $77M as buyers and transactions surge across nearly all major blockchains. DX Terminal on Base jumps 456%, while Algebra and DMarket extend strong multi-week leads. Bitcoin reclaims $90K and Ethereum rises above $3K. Market participation has surged across the board, with NFT buyers jumping by 25.34% to 397,409 and sellers rising by 15.56% to 349,725. NFT transactions posted the strongest gain, soaring by 42.96% to 1,398,844. Bitcoin’s (BTC) price has bounced back to the $90,000 level…
Nic Carter believes that, given the new opportunities and realities in the stablecoin industry, the market is set to expand and empower new actors. He points out that yield will be one of the disruptions powering this expansion. Analyst: Yield Will Push a Stablecoin Explosion Disrupting the Current Duopoly Things are starting to change in a stablecoin market that has traditionally been dominated by two powerhouses, Circle and Tether, which have concentrated a significant portion of the market capitalization of these assets. Nic Carter, co-founder of Castle Island Ventures, believes that one of the factors that will contribute to disrupting…
The U.S. Securities and Exchange Commission (SEC) will hold an important public meeting on December 4, 2025. Many investors expect key updates on both corporate governance rules and the future of tokenized stocks. As the financial world changes quickly, the SEC now wants to understand how digital tools and blockchain technology may fit into today’s market. A Meeting Focused on New Ideas The SEC’s Investor Advisory Committee will meet online at 10:00 a.m. Eastern Time, and the webcast will be open to the public. During the session, the committee will explore two main topics. First, it will review possible changes…
South Korea’s top payment platform and largest cryptocurrency exchange are set to merge, with board approvals expected on Wednesday and a public announcement planned for the next day. This agreement will combine Naver Financial and Dunamu, the operator of Upbit, to form a powerful player that bridges traditional finance and digital assets in one of Asia’s largest economies. Merger Timeline and Structure The boards of both companies plan to meet on November 26 to approve the merger. After that, a joint announcement is expected on November 27. According to local media reports, top executives will attend a press conference at…
The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next three years as savers seek the safety and liquidity of dollar-pegged digital assets, Standard Chartered said in a Monday report. Stablecoins are giving households and companies in developing economies an alternative to local banks, accelerating a post-financial-crisis shift of core banking functions into the non-bank sector, analysts Geoff Kendrick and Madhur Jha wrote. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They play a major role in cryptocurrency markets, providing among…
Binance is facing a $1 billion federal lawsuit brought by 306 victims and families of the October 7, 2023 Hamas attack. This lawsuit follows President Donald Trump’s pardon of Binance founder Changpeng Zhao (CZ), casting new light on accountability for the largest exchange by trading volume metrics. Federal Lawsuit Alleges Binance Enabled Terrorist Financing Filed in federal court in North Dakota, the civil action names Binance, founder CZ, and executive Gunagying “Heina” Chen as defendants. The plaintiffs include victims who were murdered, wounded, or taken hostage in the October 7 attack. Their legal team alleges that Binance operated as an…