Author: NBTC

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…

First Abu Dhabi Bank (FAB) has signed a Memorandum of Understanding (MoU) with Libre Capital, the tokenization specialist backed by Brevan Howard’s WebN Group and Nomura’s Laser Digital, to do blockchain-based collateralized lending using real world asset (RWAs) tokens.Since going live in March, Libre has issued about $150 million of tokenized versions of Brevan Howard funds, Hamilton Lane’s fixed-income type products, and a BlackRock money-market fund. Under the MoU, First Abu Dhabi Bank is piloting a credit line for approved lenders to provide stablecoin lending with those Libre issued tokens as collateral.Holders of all sorts of crypto assets enthusiastically use…

In a crypto conference held in Abu Dhabi, President-elect Donald Trump’s son made a statement that the Trump administration is planning to make certain American cryptocurrencies like $ALGO, $ADA, $XRP and $HBAR, completely tax free according to Shawn, a well-known influencer in the crypto community. Eric Trump announces to make American cryptocurrencies tax free (Source: X Post) Tax-Free Cryptos: A Big Win for U.S. Investors According to the influencer, Shawn, Eric Trump’s plan would remove taxes on the above stated specific American cryptocurrencies, which would in turn attract investors. Whereas, on the other hand, non-American cryptocurrencies will have to pay…

For years, Bitcoin skeptics have watched from the sidelines, waiting for a moment to join the ride, only to convince themselves that they’ve already missed the boat. However, the reality tells a different story. Not only is it not too late, but Bitcoin continues to prove itself as a superior investment option compared to traditional assets—whether you have $25 a week to spare or millions to allocate. Bitcoin Magazine Pro has a free portfolio analysis tool, Dollar Cost Average (DCA) Strategies, which enables investors to measure Bitcoin’s performance against other leading assets like gold, the Dow Jones (DJI), and Apple…

The first AED (UAE Dirham) stablecoin has been approved by the Central Bank of the UAE and is set to launch soon. In an X post, AE Coin noted that it will be the first local stablecoin to be accepted after the central bank released its payment token services framework. As per the announcement on Khaleej Times, a local UAE newspaper, the AE Coin is expected to revolutionize the financial services landscape. It promises an instant, secure, stable, innovative, low-cost, and efficient payment experience that will reshape the future of the digital economy. A few months earlier the AE Coin…

Popular meme cryptocurrency Dogecoin (DOGE) has not been out of the headlines for days now, and while much of it has been about the excellent performance of the DOGE price, the last few days have also been about what is going on with Dogecoin behind the scenes. According to data from IntoTheBlock, net inflows of the meme cryptocurrency into wallets holding at least 0.1% of the Dogecoin supply in circulation have increased by an impressive 899% over the past 24 hours. This brings the cumulative number of DOGE bought by whales, minus coins sold, to 527.3 million coins, equivalent to…

Ripple’s CLO, Stuart Alderoty sparked a heated debate, calling US SEC Commissioner Caroline Crenshaw “even more rogue than Gensler.” This comes as the Housing and Urban Affairs Committee is scheduled to vote on Wednesday over Caroline Crenshaw’s continuation as an SEC commissioner. President-elect Donald Trump recently announced the nomination of pro-crypto Paul Atkins to chair the US SEC after Gary Gensler announced the end of his tenure. However, Commissioner Crenshaw has faced some heat from the crypto industry as they have labeled her even more anti-crypto than Gensler. Ripple’s CLO slams SEC’s Crenshaw Stuart Alderoty, in an X post, agreed…

The war between Bitcoin and MicroStrategy is heating up. The company’s entire strategy, and perhaps its existence, is tied to Bitcoin’s unpredictable market. With a trillion dollars on the line, the stakes couldn’t be higher. MicroStrategy has dumped $25.6 billion into Bitcoin since 2020, scooping up 423,650 BTC at an average price of $60,324 per coin. The company, once known for its software, now holds 2% of all Bitcoin in circulation. With Bitcoin trading at over $100,000 this week, those holdings are worth $42 billion. Michael Saylor, MicroStrategy’s co-founder and executive chairman, has become Bitcoin’s loudest megaphone. His “21/21 Plan”…

AI16z DAO is flipping the script on how crypto communities invest, govern, and operate—whether for the memes or for the untapped potential of relying on AI to make data-driven, non-subjective financial decisions. As of this writing, the project’s AI16Z token has a market cap of over $500 million, per CoinGecko data. Launched in October 2024, the project has nothing to do with Marc Andreessen or the rest of the a16z crew other than the name. However, the VC giant is likely aware of and royally pissed off by possible confusion created by the name. 😳 erm, partners? you’re gunna wanna…