Author: NBTC

President-elect Donald Trump has selected Paul Atkins, former SEC commissioner, to lead the SEC. Atkins is set to replace outgoing SEC Chair Gary Gensler. Many are hopeful that Atkins will undo the damage caused by Gensler, whose leadership led to a loss of trust in the SEC. Retail and institutional investors alike were frustrated under Gensler’s rule, which some believe was influenced by anti-crypto forces like Elizabeth Warren and the banking cartel. One of the key cases that has drawn significant attention is Ripple vs. SEC, which began in 2020. With the recent appointment of Paul Atkins as SEC Chairman,…

Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold “some Bitcoin” during a recent interview with Bloomberg Television. That said, he has recommended against having too much exposure to the leading cryptocurrency. “So, I think that anybody who does not have Bitcoin should have some Bitcoin, but not too much,” Peterffy said. The billionaire believes that people should put 2% to 3% of their net worth into Bitcoin. However, investing anyone to invest more than 10% of their assets in the flagship cryptocurrency would be “too dangerous.” The Interactive Brokers founder was initially…

Amid South Korea’s ongoing political crisis, local investors are flocking to alternative assets such as cryptocurrency trading and US shares, even as local stocks continue to fall. Rising Crypto Trading Volume , US Shares in South Korea According to the Korean media outlet Korea Herald, as of last Friday afternoon at 3:30 PM, the 24-hour trading volume of the top five crypto exchanges in South Korea i.e., Upbit, Bithumb, Coinone, Korbit, and Gopax was $14.59 billion. This figure is equivalent to 20.72 trillion Korean won, nearly twice the trading volume of the Kospi that day, which was 10.48 trillion Korean…

Craig Wright, known for his controversial claims of being Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has once again found himself at odds with supporters of XRP and blockchain payments company Ripple. This latest confrontation highlights the continuing friction between Wright and the broader crypto community, which has been ongoing since his first claim of being Satoshi way back in 2016. Wright, who has often criticized projects outside of Bitcoin, took aim at XRP in his latest comments. In the past, Wright had called XRP a “ponzi” and questioned its legitimacy as a decentralized cryptocurrency, sparking a clash with the…

Roger Stone, the veteran political strategist and vocal supporter of libertarian ideals, has voiced his strong backing for cryptocurrency pioneer Roger Ver on his website, Stonezone.com, spotlighting an editorial advocating Ver’s presidential pardon. Roger Stone Backs Roger Ver by Highlighting Editorial on Political Strategist’s Website Stonezone.com, the digital platform of American political consultant Roger Stone, recently shared a compelling editorial by Aaron Day advocating for the presidential pardon of Roger Ver. Known as “Bitcoin Jesus” for his early and fervent support of cryptocurrency, Ver’s case has sparked widespread debate about the implications of prosecuting individuals based on their adherence to…

The winners have been announced for the 2024 edition of The Sandbox Awards, recognizing creativity, innovation, and collaboration across the metaverse platform’s community. For 2024’s Awards, The Sandbox is “kicking it up a notch,” its Game Maker Fund Program Manager PJ told Decrypt. “For a while now, we’ve had the Sandies, which were done by the community through submissions and a 15 people jury to recognize the best experiences of the year—but it was a bit informal.” The Sandbox Awards 2024 https://t.co/Z3kpnHlZlw — The Sandbox (@TheSandboxGame) December 11, 2024 The Sandbox Awards “revamps” the awards, while retaining the focus on…

Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.” The firm’s Bitcoin holdings, if it didn’t sell any BTC, are now worth over $500 million. As first pointed out by Pete Rizzo, Editor-at-Large at Kraken, the insurance giant invested in the flagship cryptocurrency four years ago, when Bitcoin was trading around the $19,000 mark after recording from a bear market that saw it drop to…

Taiwan has reiterated its commitment to tightening the screws for financial sector players by accelerating the implementation of a new anti-money laundering (AML) playbook. Initially designed for launch at the start of 2025, Taiwan’s Financial Supervisory Commission (FSC) announced its application at the end of November, signaling a clear intent to improve AML standards. Digital asset service providers must seek new AML registration with the FSC regardless of their previous registrations. Service providers that violate the new AML playbook will be slammed with a steep fine of up to NT$5 million ($155,900) or see principal officers face jail times of…

South Korea’s momentous declaration of martial law earlier this month has slowed its efforts to regulate and reform its crypto sector until next year. Key reforms critical to the industry—such as legalizing securities token offerings (STOs) and introducing real-name corporate crypto accounts—have been sidelined. Those measures, viewed as vital steps toward modernizing South Korea’s crypto sector, are now in limbo, leaving the industry to face an extended period of uncertainty. STOs, or securities token offerings, are a way for companies to raise money by issuing digital tokens that represent ownership in real-world assets such as stocks, real estate, or bonds.…

A crypto analyst has unveiled uncanny similarities between Bitcoin’s Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst’s report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators. Bitcoin CME Chart Mirrors 2023 Price Action A comparative analysis of the Bitcoin CME charts from Nov/Dec 2023 and Nov/Dec 2024 reveals striking parallels. The charts, shared on X (formerly Twitter) by crypto analyst and market technician Tony Severino, feature a near-identical Elliott Wave count, showcasing five distinct waves that indicate…