Author: NBTC

One of the most significant factors for the crypto industry lies not in market dynamics, but in the political arena. Trump’s pro-crypto rhetoric certainly grabbed headlines, but the real catalyst for banks and other financial intermediaries is likely a Republican sweep in Congress, given that most of his pledges would require legislative approval. With strong Republican backing and bipartisan support also showing momentum, crypto-friendly legalisation would be far more likely to pass. Two developments are central to this shift: dismantling the SEC’s SAB 121 (which has kept much of the financial sector sidelined) and the Bitcoin Act 2024 (which proposes…

An exclusive crypto whale has made headlines for capturing the opportunity in the recent market plunge to amass Bitcoin. As per Spot On Chain, the whale accumulated up to 801 $BTC amid a recent price dip. The on-chain analytics provider disclosed this incident on social media. A new whale took advantage of the recent price drop to accumulate 801 $BTC ($77.55M) from #Binance at an average price of $96,815 over the last 17 hours!Follow @spotonchain and check out the whale’s wallets at:1/ Accumulating address: https://t.co/fP1gbLwmcR2/ Storing… pic.twitter.com/sS84gWrCb5 — Spot On Chain (@spotonchain) December 11, 2024 Crypto Whale Buys the Dip,…

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore how stablecoins might help re-energize the Bolivian economy, facing a dollar scarcity period due to its fixed exchange rate. Latam Insights Encore: Stablecoins Might Help Bolivia Move Its Stalled Economy Now that the cryptocurrency market is finally growing to considerable levels from a volume-focused perspective, stablecoins are starting to be considered real dollar proxies in emerging markets. The Bolivian economy, one of the smallest in Latin America, might be the perfect experiment to test whether…

Bittensor is bringing Ethereum Virtual Machine (EVM) compatibility to its decentralized platform, opening the door for developers to deploy smart contracts using familiar tools like Solidity, Truffle, and MetaMask. This connects artificial intelligence with traditional DeFi, creating new opportunities for innovation. As Bittensor grows, users can anticipate a rise in user-facing applications and new staking protocols, including staking pools and liquid staking, expanding options for both developers and investors. EVM compatibility on Bittensor is a game changer. Developers can deploy smart contracts using tools like Solidity, Truffle + Metamask. Bittensor bridging AI and traditional DeFi in new ways.Expect to see…

Lana Negrete, popularly known for her pro stance on crypto, has been officially appointed as the mayor of Santa Monica, California. The Bitcoin enthusiast will now be part of the Trump administration that endorsed the crypto industry during the presidential election campaigns earlier this year. Following her recent appointment, pro-crypto Lana Negrete will serve the U.S. government as the mayor of Santa Monica. Her appointment means California will have its first-ever pro-Bitcoin Mayor. Negrete is popular in the crypto arena for her support and belief in the crypto industry and its underlying technology. She has previously led initiatives to boost…

Halo, an advanced social platform, has announced its exclusive collaboration with Laniakea, a massively multiplayer online role-playing game. The partnership between Halo and Laniakea aims to expand the Web3 gaming world. The platform revealed this development on its social media account. 🌟Movement Ecosystem ⚡:We’re thrilled to announce our partnership with @LaniakeaGame! 🚀Laniakea is an open-ended MMORPG pushing boundaries on @movementlabsxyz and beyond. Stay tuned as we shape the future of Web3 gaming together! 🎮✨ pic.twitter.com/D45fF8W02D — Halo | halo.social 😇 (@HaloDotSocial) December 11, 2024 Halo and Laniakea Partner to Enhance Blockchain Gaming Experience Halo pointed out that its collaboration with…

DWF Labs is launching a $20 million fund to support the development of AI agents. This investment mirrors a similar DWF fund for meme coins, another growing industry. This news comes from a press release shared with BeInCrypto. AI Agent Fund From DWF Labs According to the press release, this new fund will support independent developers in their efforts to make AI agents. AI agents are a growing sector of the Web3 industry, and DWF Labs is encouraging them based “on their potential to drive innovation and create meaningful impact across industries such as finance, logistics, entertainment, and governance.” Andreessen…

For the third quarter of 2024, the IOTA Foundation is pleased to report substantial progress across our Technology Adoption, Ecosystem, TLIP, and Legal & Regulatory Affairs departments. During this period, our Research & Development teams and engineers have been fully mobilized on an undisclosed internal project, meaning no R&D updates are included in this report. However, further information about this initiative is expected to be shared later this quarter. Technology Adoption The Technology Adoption department continues its mission to drive the widespread use of IOTA’s distributed ledger technology (DLT) infrastructure. This quarter saw ongoing efforts in fostering key partnerships, managing…

President-elect Donald Trump’s transition team has wrapped up interviews for the Commodity Futures Trading Commission (CFTC) chair position, and Brian Quintenz, Head of Policy at a16z crypto, has emerged as a frontrunner for the position, according to a new report from Bloomberg, citing people with knowledge of the matter. Quintenz’s background in crypto policy positions him as a strong contender for the role, especially as the CFTC is expected to play a key part in regulating digital assets under the incoming Trump administration. Quintenz, who previously served as CFTC Commissioner during both the Obama and Trump administrations, oversaw the implementation…

Bitcoin is resuming its new recovery run fueled by institutional support. Will this lead to a surge to a new all-time high? Amid the short-term market correction, Bitcoin’s price remains steady at key support levels. With an intraday recovery, BTC’s price suggests the possibility of an extended rally to offset recent declines. Will this recovery result in a breakout rally that could set a new all-time high this month? Let’s explore this possibility. Bitcoin Price Analysis The second consecutive bearish candle in the daily chart caused the BTC price to drop further yesterday following the 3.69% drop on Monday. However,…