Author: NBTC

Despite once promising never to ‘scam’ his followers by promoting digital assets, the belligerent influencer Andrew Tate, who has become increasingly known for his troubles with Romanian law enforcement, has been active in certain segments of the cryptocurrency community in 2024. Of the many projects he helped advertise – many of which he is accused of swiftly abandoning – he is most associated with an ill-fated meme coin called Daddy Tate (DADDY). Though DADDY had several periods in 2024 – most notably in July and October – when it performed admirably, it is, nonetheless, substantially down this year. DADDY meme…

Canada’s banking regulator, the Office of Superintendent of Financial Institutions (OSFI) has introduced rules for banks to manage their exposure in cryptocurrency as interest in digital assets continues to grow in the country. The OSFI announced the final guidelines in the regulator’s quarterly report on Thursday, on cryptocurrency assets, together with consultation on capital requirements amid a major shift in the regulatory approach in the US where requirements are expected to ease. The initiative marks a significant step in digital assets and financial stability. According to the Globe and Mail, the OSFI has been reviewing how Canada’s banks manage risks…

In an unexpected show of solidarity within the competitive cryptocurrency exchange market, Bitget offered crucial financial assistance to Bybit during a period of liquidity challenges. According to Gracy Chen, CEO of Bitget, the exchange proactively reached out to Bybit, providing support without demanding any collateral, interest, or specific repayment terms. Bitget CEO Gracy said that they took the initiative to communicate with Bybit and offered help. Bitget did not require any collateral, interest, time limit, or commitment. Bybit could just transfer it back when Bybit no longer needed it. The current situation is that Bybit’s… — Wu Blockchain (@WuBlockchain) February…

Dan Morehead, the founder and managing director of Pantera Capital, recently shared a bold, to say the least, vision for the future of Bitcoin (BTC). In a world where 300 million people already use cryptocurrency, he thinks the digital asset story is just beginning and the number of users is going to grow a lot, by even to 5 billion in the next 10 years. This kind of growth could totally reshape the financial landscape, and Bitcoin, the flagship cryptocurrency, is at the center of this transformation. Morehead’s analysis points to one striking possibility: Bitcoin’s market capitalization could hit $15…

The Virtuals Protocol has recently made headlines following the withdrawal of 4 million VIRTUAL coins from its official wallet, amounting to an impressive 16.28 million dollars. Following this move, 1 million of these coins—valued at around 4.07 million dollars—were sent to the Bybit cryptocurrency exchange, sparking interest in the ongoing transfers from this protocol. Contents hide 1 What Does This Withdrawal Indicate? 2 Are More Transfers on the Horizon? What Does This Withdrawal Indicate? This significant withdrawal signals a trend within the Virtuals Protocol, as it highlights a pattern of transferring VIRTUAL coins, which has totaled approximately 62.56 million dollars…

Sam Bankman-Fried, the imprisoned former CEO of FTX, is hoping that President Trump will pardon him. In a recent interview, he portrayed his own conviction as part of the anti-crypto overreach of Biden’s Presidency. However, while Bankman-Fried was a free man and a billionaire, he donated millions against Trump in the 2020 election. Securing a pardon under these circumstances may be a long shot. Will Trump Pardon Sam Bankman-Fried? Sam Bankman-Fried, one of the biggest criminals in crypto history, is trying to get out of federal prison. He has consistently petitioned for his release since the legal battle begun in…

In the rapid-paced financial sector, crypto is a prominent source to make substantial profits. Crypto investors utilize several methods to earn profit from the crypto assets and one of them is crypto arbitrage. Crypto arbitrage is a simplified way to capitalize on price differences of diverse crypto exchanges. This guide covers this technique in detail, focusing on its functionality, its different types, the risks involved in it, and automated trading’s role in crypto arbitrage. Crypto Arbitrage: An Introduction Crypto arbitrage trading refers to a method that focuses on leveraging the price discrepancies existing in the crypto market. Particularly, this method…

As Bitcoin (BTC) struggles to reclaim the $100,000 resistance, a market expert is warning that the asset’s momentum above this level might have ended for now, and investors should anticipate a massive crash. Notably, after hitting a record high of over $108,000, Bitcoin has faced sustained sell-offs, leaving the leading digital asset at risk of dropping below $90,000. In this case, BTC has been ‘smacked down’ by psychological resistance at the six-figure spot, triggering what could be the start of a significant correction, according to cryptocurrency analyst MFHoz in an X post on December 28. The expert acknowledged that Bitcoin…

Popular Shibburn tracking service that monitors daily and weekly SHIB burn transactions and then shares the details on its website and on the X social media platform has revealed that over the past year, a staggering amount of SHIB meme coins have been transferred to “inferno” wallets. More than two tens of billions of them was destroyed in virtual flames. 44.6 billion SHIB gone in 2024 Shibburn revealed that in 2024 cumulative efforts of the SHIB community and the Shiba Inu developer team have made possible the destruction of 44,623,604,014 SHIB in total. That is the equivalent of a little…

Friedrich Merz leads Germany’s election with a pro-business agenda that could indirectly benefit crypto and fintech sectors. Alice Weidel’s AfD proposes radical crypto deregulation, challenging Germany’s traditional financial stability approach. Germany’s upcoming federal election on February 23, 2025, could mark a turning point in the nation’s approach to cryptocurrency and financial innovation. Friedrich Merz, leader of the center-right Christian Democratic Union (CDU), leads the race with a pro-business and innovation-driven platform. His main rival, Alice Weidel of the far-right Alternative for Germany (AfD), advocates for aggressive crypto reforms and full deregulation of digital assets. With Germany’s influential role in European…