Author: NBTC

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration’s economic agenda. He was also part of Trump’s transition team and is well-known for leading Cantor Fitzgerald, a company he steered through the aftermath of the 9/11 attacks. Now, in a major development and as reported by WSJ, Cantor Fitzgerald, under Lutnick’s leadership, has acquired a 5% stake in Tether, the world’s largest stablecoin issuer, valued at approximately $600 million.…

James Donaldson, better known as MrBeast, is a veritable YouTube superstar. Once a media darling on account of several charitable videos, he appears to be attracting an endless stream of controversy in 2024. Donaldson’s stroke of bad luck began when close collaborator Ava Kris Tyson was accused of impropriety involving a minor — just weeks later, a former employee alleged widespread fraud that would amount to running an illegal lottery — one aimed at children. However, this latest development just might prove to be a turning point for the YouTuber’s career. An initial investigation showed that MrBeast profited as much…

JPMorgan Chase has now paid more than $40 billion in total fines and settlements to regulators, enforcement agencies and lawsuits related to anti-competitive practices, securities abuses and other violations. That’s according to new numbers from the public Violation Tracker, a corporate misconduct database that tracks cases from the year 2000 until now. In the last seven quarters alone, JPMorgan Chase has paid a whopping $2 billion to settle a list of accusations against the banking giant, reports Wall Street on Parade. The bank has paid the sum to settle accusations of criminal misconduct, regulatory violations, market manipulation and alleged involvement…

Main Takeaways Binance is committed to responsible growth and strong regulatory compliance, seeing it as a key component of protecting its users and the wider ecosystem. Throughout 2024, we have been expanding our compliance and risk teams, focusing on both the quantity and quality of hires to meet the demands of a maturing crypto sector. The addition of new leaders with extensive experience in financial crime prevention, compliance governance, special investigations, and more has strengthened Binance’s ability to navigate complex regulatory environments and support its compliance initiatives. As global crypto adoption continues to ramp up, Binance stands at the forefront…

Sminston With, a crypto analyst, has predicted that Bitcoin’s (BTC) price could surpass $200,000. This forecast came on the same day that the Bitcoin price failed to hit the widely expected $70,000 mark. However, With suggests that the prediction might not come to pass this year or next. In this analysis, the platform reveals how the analyst arrived at this conclusion and whether Bitcoin has a chance of hitting this target. Bitcoin Decay Model Suggests Higher Highs, Analyst Reveals On Monday, October 21, With posted on X (formerly Twitter), saying that BTC could hit between $199,106 and $207,623. The analyst…

Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, according to Ultrasound.money data. Ethereum’s current inflation rate is 0.35%. The increase has brought the total supply to 120.4 million ETH, leaving just under 95,000 ETH to match the levels seen at the Ethereum Merge in Sept. 2022. ETH’s nearly two years of supply reduction have been wiped out in just seven months since EIP-4844, also known as Dencun or Proto-Danksharding. How Dencun altered Ethereum’s supply dynamics The Dencun update introduced significant changes that reduced…

Stablecoins are an important part of the cryptocurrency economy and the decentralized finance (DeFi) ecosystem, currently dominated by two corporations. One of them, Circle’s USDC, raised its redemption fees for the second time in 2024, driving demand for stablecoin alternatives. As Bloomberg originally reported and Unchained covered further, Circle increased the “standard” redemption fees for USDC on October 29. The “standard” redemption tier applies for holders who want to skip the usual two-day waiting period for “basic” redemptions, getting their dollar amount instantly but for a higher fee price. Analysts discussed this fee raise may slow down demand for USDC…

Donald Trump is back in the spotlight with some intriguing nominations for his next administration. Scott Turner, a former NFL player turned government official, has been chosen to lead the Department of Housing and Urban Development (HUD). But that’s not all. Many of Trump’s picks seem connected to a conservative plan called Project 2025, which might just shake things up in a big way. Scott Turner’s Leap into Leadership Scott Turner’s nomination as HUD Secretary has people talking. Known for his time as an NFL player and his role in the White House Opportunity and Revitalization Council, Turner’s background isn’t…

The following is a guest post from Leo Li, CVO and Chief Growth Officer at CARV. Off The Grid could be the mainstream moment we’ve been waiting for in web3 gaming – not because it flaunts blockchain features, but because it doesn’t. The major console release integrates NFTs and blockchain in the background, letting gameplay take center stage. The game is the main appeal, while the blockchain is a bonus that furthers trading, ownership, and expression. Much like Telegram, which is quietly slipping crypto wallet functionality into hundreds of millions of pockets, game developers realize that simplicity is vital. Hitting…

A quick ride to the past – It was the year 2013; Dogecoin (DOGE), created by Jackson Palmer and Billy Markus entered the cryptocurrency market. DOGE was intended as a fun alternative to Bitcoin and other serious altcoins, so more or less a “meme coin.” Little did the creators know that their Shiba Inu dog-themed token would later move from meme to mainstream. Over the years, DOGE garnered massive online support fueled by the solid community of Dogecoin fans across X (formerly Twitter), Reddit, etc. It soon became one of the most popular cryptocurrencies, earning celebrity endorsements, and gaining mainstream…