Author: NBTC

This weekend, Mark Cuban, billionaire and investor made a bold statement about Vice President Kamala Harris, saying he would campaign against her if she supports a tax on unrealized capital gains. These comments were made during an interview on CNBC’s Squawk Box, where the investor expressed his concerns about such policies under a Harris-led administration. .@mcuban said this weekend that @VP would not tax unrealized capital gains, and if she does, he would campaign against her. “I can pick out probably 10 things where you would say, yeah I’d campaign against her. So what do you like?” about Harris, asks…

Recent 30 million XRP whale transfer hints at strategic moves, potentially signaling major upcoming market activity. XRP whale activities are raising speculation, suggesting optimism among large investors and potential future price surges. The recent transfer of 30 million XRP, worth about $17.4 million, from popular exchange Bybit to an unknown wallet has created significant interest and speculation in the crypto space. Whale Alert, a service known for keeping track of significant crypto transactions, detected this sizable transfer, which has led many people to think about the potential consequences for XRP’s future. 🚨 30,000,000 #XRP (17,686,140 USD) transferred from #Bybit to…

Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will register with a minimum capital amount to operate on Argentine soil. Argentina Submits Draft for VASP Rules to Public Consultation Argentina is innovating its cryptocurrency framework to better protect crypto users. The Argentine securities regulator (CNV) recently announced a public consultation of a draft to regulate the operations of virtual asset service providers (VASPs) in the country, imposing new compliance requirements for these institutions. General Resolution 1,025, if…

Cyprus Securities and Exchange Commission (CySEC) licensed crypto exchange Zondacrypto, marking the 7th regulatory license for the company. With over 1.3 million active users, the company welcomed the regulatory step as a part of its efforts to offer a secure digital asset trading platform. Speaking about the approval, CEO Przemyslaw Kral, said on LinkedIn: “Happy to announce that Zondacrypto has secured its 7th license, this time from the CySEC. This milestone further solidifies our mission to provide a safe, transparent, and fully compliant trading environment for our 1.3 million active users.” “As we prepare for the upcoming MiCA regulations in…

MADRID/NEW YORK, Oct 21 (Reuters) – Spain’s Santander (SAN.MC, opens new tab launched its digital bank in the United States on Monday, which will help it to fund over $30 billion of auto lending assets and broaden its retail business in the country, U.S. CEO Tim Wennes told Reuters. The euro zone’s third-biggest lender by market value is one of the few European banks with a retail presence in the U.S. market following the exit of rivals BBVA (BBVA.MC, opens new tab and BNP Paribas (BNPP.PA, opens new tab. Santander has over $45 billion in retail deposits at its 409-strong…

Crypto.com has announced its support for the Kaia ($KLAY) token rebrand to Kaia ($KAIA). The platform will delist $KLAY on both the Crypto.com App and Exchange. Trading, deposits, and withdrawals of $KLAY will be permanently suspended from October 28, 2024. 🚨 https://t.co/vCNztATSCO is supporting the Kaia ($KLAY) token rebrand to Kaia ($KAIA) 🚨ℹ️ KLAY will be delisted from the https://t.co/vCNztATSCO App and Exchange and reissued as KAIAℹ️ Trading, deposits, and withdrawals of KLAY will be permanently suspended on Oct 28… pic.twitter.com/qZE1lcD4P9 — Crypto.com (@cryptocom) October 21, 2024 This move aligns with the upcoming token reissue. A 1:1 token swap of…

Cryptocurrency analyst Ali Martinez who frequently shares crypto price predictions on his account on the X social media platform (formerly popular as Twitter) has revealed that an astounding amount of Bitcoin has been dumped during the past 72 hours. That was 30,000 Bitcoin worth approximately $1.71 billion in fiat and this enormous amount of crypto was sold by BTC miners. The data shared by the analyst came from the on-chain data vendor Santiment. This not the first report this week from Ali about large amounts of Bitcoin getting sold by large holders. However, the chunk dumped earlier this week is…

BTIG, a global provider of investment banking and research services, has hiked its price target for Virginia-based business intelligence firm MicroStrategy (MSTR) to $240. This marks a dramatic increase from its previous price target of $180. According to BTIG, the implied Bitcoin premium within MicroStrategy’s valuation is nearing a record peak. The company’s market cap currently stands at $42.45 billion, with its shares trading at $210 a pop. Its shares have increased by nearly 61% over the last six months. For comparison, the total value of MicroStrategy’s Bitcoin holdings stands at $17 billion. Earlier, BTIG analysts opined that this premium…

Citi has filed a new patent detailing a system for facilitating a double-layer restriction subnet architecture related to the bank’s development on Avalanche. AVAX has been consolidating right below the key resistance level at $28, which analysts say indicates an impending bullish breakout. Citi, one of the world’s largest financial institutions, is expanding a project it started on Avalanche, this time filing for a patent on a system that facilitates a double-layer restriction subnet architecture. Citi filed for the patent with the USPTO recently, describing a system that overcomes the technical limitations of conventional blockchains and their subnets. Looks like…

In the legal battle between Ripple and the United States Securities and Exchange Commission, the SEC has filed the Civil Appeal Pre-Argument Statement (Form C) with attachments this week. Notably, the document filed by the SEC was dated Oct. 16, but the court’s file stamp marks the document as received Oct. 17, leading to questions about the significance of these dates and the appeal deadline. The SEC’s filing of the Form C civil appeal is a crucial step in its efforts to contest the July summary judgment ruling in favor of Ripple, viewed as a landmark decision for the crypto…