Author: NBTC

Senator Elizabeth Warren, one of the chief U.S. critics of the crypto industry, confirmed she’d be taking the role as the most senior Democrat on the Senate Banking Committee. That panel will be responsible for handling crypto legislation in the coming months. If Democrats can manage to wrest back Senate control in two years, she could become the committee’s next chairwoman. U.S. Senator Elizabeth Warren has long been held up as the crypto industry’s chief opponent in Congress, and she’s now ascending to the role as the top Democrat in the Senate Banking Committee, where she’ll be heard from on…

NH Nonghyup Bank Partners with Partior to Enhance Blockchain-Powered International Transfers NH Nonghyup Bank, one of South Korea’s leading financial institutions, has joined forces with Partior, a blockchain-focused fintech company, to improve international money transfer services through blockchain technology. According to Business Korea, this strategic collaboration aims to enhance the efficiency, security, and speed of cross-border transactions. By leveraging blockchain’s capabilities, the partnership seeks to address the challenges associated with traditional international transfers, such as high costs, slow processing times, and limited transparency. The initiative will involve information sharing, monitoring blockchain market trends, exploring new blockchain applications, and promoting cross-border…

MicroStrategy (MSTR) soared 19% to a record high of above $320 after US markets opened on Monday, following the company’s announcement of a $2 billion Bitcoin purchase, according to data from Yahoo Finance. Source: Yahoo Finance The world’s largest corporate Bitcoin holder acquired 27,200 Bitcoin between October 31 and November 10, bringing its total holdings to 279,420 BTC, worth approximately $23 billion at current market prices. MicroStrategy’s average acquisition cost for its total Bitcoin holdings stands at around $42,800 per BTC, resulting in $11.4 billion in unrealized profits amid Bitcoin’s recent price rally. The company’s stock performance is heavily influenced…

You’re mad about the election results; we get it. But guess who else is seeing red? Monkeys. On Wednesday, authorities in Yemassee, South Carolina, issued an alert that more than 40 rhesus macaque Monkeys had bolted from the Alpha Genesis research facility and vanished. That’s right, a whole crew of disgruntled primates is now on the loose—probably plotting their next move. News of the monkey horde’s escape sent the price of monkey-themed meme coins surging, including the Solana-based Monkey token, by 49.0% on Thursday. But what are the monkeys after? Some on X point to a government conspiracy to stop…

Senator Elizabeth Warren has criticized the Department of Government Efficiency’s (DOGE) decision to have two leaders share the role, calling it “really efficient” in a sarcastic tone. Instead of one leader, the department has appointed two people to share the role Elon Musk and Vivek Ramaswamy, a decision that has drawn mixed reaction from government officials, specially those who have expressed their anti-crypto stance. Sen. Warren criticizes Musk and Ramaswamy (Source: X Post) Warren sarcastically labeled this arrangement of having two leaders as “really efficient,” in her X post, implying that the decision to appoint two leaders may actually create…

Flare and Red Date Technology introduce decentralized KYC, enabling anonymous registration for Mainland Chinese visitors in Hong Kong. Flare’s KYC solution combines privacy and compliance, supporting regulated digital access for Chinese visitors without exposing personal data. Flare has partnered with Red Date Technology to introduce a one-of-a-kind, decentralized identity KYC solution for Mainland Chinese tourists to Hong Kong. This cooperation shows that safe and anonymous KYC procedures are possible inside regulated environments by marking a significant advance in merging privacy-oriented blockchain technology with regulatory compliance. Two initial experiments are part of the project: the first allows anonymous registration on a…

Premarket trading of stocks related to cryptocurrencies has increased as a result of the recent surge in Bitcoin, which reached a five-month high of over $71,000. The largest institutional Bitcoin holder, MicroStrategy, benefited directly from the spike in Bitcoin as its stock increased 30% before the market opened. The aggressive Bitcoin accumulation strategy of CEO Michael Saylor seems to be working, as MicroStrategy’s stock performance closely tracks changes in the price of Bitcoin. As investors become more interested in Bitcoin due to its price spikes, Coinbase Global, one of the other crypto-related stocks, is up 2.6%. Bitfarms, a significant Bitcoin…

According to the CNBC Treasury yields monitoring tool, Treasury yields continue to dip as the U.S. financial space awaits the next inflation rate, consumer price index, and producer price data on November 13. The data, based on the economy’s performance in October, will shed light on the U.S. economic health. Today, the 10-year Treasury yield fell by about 0.032%, reaching 4.3062% at a price of $99.5469. The percentage is lower compared to the yield 5 days ago, which was about 4.4490%. The 2-year Treasury yield has also dropped to 4.2519%, compared to the yield 5 days ago, which stood at…

Solana (SOL), the fourth-biggest crypto by market cap, is now worth $200 per coin for the first time in seven months, breaking the barrier shortly after Bitcoin set another new all-time high price. SOL is now trading hands for $200, according to Coinbase data. That’s a rise of about 7% in 24 hours. It is one of the biggest winners—out of the top 20 coins and tokens by market cap—over the past week, having jumped 18% in seven days. Bitcoin, by comparison, is up 9% over the last week at a current price of $76,170, dipping slightly after touching a…

Minneapolis Federal Reserve President Neel Kashkari has been one of the loudest opponents of crypto for years but after a lengthy conversation with CoinDesk, he said he’ll keep an open mind. Nevertheless, the former banker struggles to see crypto’s real-life use cases, especially given how the industry has been pushing for mainstream adoption — without success in his opinion. Minneapolis Federal Reserve President Neel Kashkari has long been a loud critic of bitcoin (BTC) and the rest of cryptocurrencies, calling them “worthless,” “fraudulent” and “nonsense.” But now, he says his view could be swayed. “I will have an open mind,”…