Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Nate Geraci, President of The ETF Store and a seasoned voice in the crypto market, recently shared his perspective on how the 2024 U.S. presidential election could influence the future of Solana (SOL) and XRP ETFs. His latest analysis specifically involves SOL, XRP, Litecoin (LTC) and other altcoins. What are the Odds of Approval for Solana, Litecoin & XRP ETFs? In his note, Geraci emphasized that “the impact of elections is typically overstated when it comes to investing.” However, he also acknowledged that political shifts could significantly shape the regulatory scene for crypto ETFs. Geraci noted that while the identity…
Coincheck is set to become the first Japanese cryptocurrency exchange listed on Nasdaq after receiving approval from the United States Securities and Exchange Commission. According to the company’s press release, the SEC approved Coincheck’s confidential draft registration statement on Form F-4 on Nov. 7, which became effective on Nov. 12. The Japanese crypto exchange will debut on the Nasdaq Global Market following a merger with Thunder Bridge Capital Partners IV, making it the first Japanese crypto exchange to list on a U.S. stock exchange. By merging with TBCP, Coincheck will remain a subsidiary of Monex Group after the listing. Following…
Tether’s New User-Friendly Platform Will Allow the Tokenization of Anything 14 November 2024 –Tether, the largest company in the digital asset industry, today announced the launch of Hadron by Tether, a platform designed to simplify the tokenization of everything from stocks to bonds, stablecoins, loyalty points, and more. Hadron by Tether encompasses all the technology and know-how that Tether built over the last decade, in a single platform, aiming to make asset tokenization more accessible than ever, opening new avenues for issuance, investment and core capital markets technology for a broader audience, from institutions to fund managers, from governments to…
With faster blockchains now enabling speeds of over 100,000 TPS and nearly instantaneous finality, Bitcoin’s potential is limited by its antiquated TPS. As flexible blockchains continue to advance in cryptocurrency, Bitcoin’s centralized governance stifles innovation and puts it at risk. BTC faces security threats as fees fall short of funding; forced inflation or “death spiral” risks could impact investor trust. Bitcoin (BTC) is increasingly seen as outdated, with its technological and economic flaws sparking concern across the crypto industry. BTC’s limited transaction speed, which maxes out at a modest 7-13 transactions per second (TPS), falls far behind the capabilities of…
Goldman Sachs, Morgan Stanley, Bank of America and other Wall Street banks continued buying shares of the spot bitcoin exchange-traded funds on behalf of clients. While allocations barely changed, most likely due to uneventful price action in bitcoin, the fourth quarter could see renewed interest sparked by recent new all-time highs. Wealth management clients of Wall Street banks like Goldman Sachs, Bank of America and Morgan Stanley in the third quarter continued to modestly accumulate (or trade) bitcoin (BTC) via spot bitcoin exchange-traded funds. Given the huge spike in crypto prices following last week’s U.S. presidential election, it’s possible the…
Users who haven’t retrieved their assets from Terra’s Shuttle Bridge are out of luck. The platform permanently closed the bridge and burned all remaining tokens. This marks the end of Shuttle Bridge and signals Terra’s focus on evolving its infrastructure. This shutdown will impact users who have yet to retrieve assets bridged to Ethereum, BNB Chain, and Harmony. The Terra Shuttle Bridge interface was once a crucial access point for transferring LUNC and USTC assets across Ethereum, BNB Chain, and Harmony. The announcement indicates that it has now reached its final phase. On August 28th, the Terra platform reopened the…
Coinbase is intensifying its commitment to on-chain payments by acquiring the Utopia Labs team, a strategic move aimed at advancing the development of on-chain payment solutions within Coinbase Wallet. This acquisition brings Utopia Labs’ deep expertise in building on-chain payment products to Coinbase’s already strong portfolio, further fueling the company’s ambition to make on-chain payments faster, cheaper, and accessible to everyone globally.—Jesse Pollak discusses the synergies between the two platforms and how this acquisition aligns with Coinbase’s broader vision. With Base supporting on-chain developers and Coinbase Wallet serving as a gateway to onboard users, Pollak highlighted the powerful flywheel effect…
The current generation of virtual private networks (VPNs) has a problem, according to Nym CEO Harry Halpin. “They basically say, ‘Trust us, we’re not going to log or copy your data’,” he said onstage at Web Summit, “but actually they can. You just have to trust them.” Independent audits can be faked, he added, or are “not particularly trustworthy themselves.” “Two or three large VPN companies actually run most user-facing VPNs,” he explained, adding that because they’re centralized, “you’re not really making your connection private in any meaningful sense—you’re just trusting some other company with all of your network data.”…
We can’t transcend politics ‘because we have bitcoin now, bro’. Sometimes I see this kind of t-shirt or sentiment being shared online, but it’s simply misguided. Just to prove I’m not strawmanning, here’s another similar example: If you just mean “I’m not interested in politics” or you don’t like one particular party’s politics, that’s one thing, but it’s still not sufficient to secure your own liberty. As the saying goes, you may not be interested in politics, but politics is interested in you. Zooming out a little bit here Even if we abstract away from the upcoming US presidential election,…
With counting underway and Trump maintaining a considerable lead over Kamala Harris, Shiba Inu (SHIB) may turn bullish if Republican candidate Donald Trump were to win the 2024 U.S presidential election. SHIB, currently trading at $0.00001927, has already gained 11.31% in the past 24 hours, reflecting increased market interest. Trump has declared support for the digital asset sector via various speeches during his campaign and the billionaire’s son has also teased decentralized finance (DeFi) projects and tokens in the near future. Being the crypto industry’s preferred candidate for 2024, Shiba Inu could potentially benefit from Trump’s election. According to the…