Author: NBTC

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. The crypto-friendly asset manager VanEck has partnered with Kiln to begin staking SOL, the pair told Lightspeed exclusively. Kiln is an enterprise staking service that boasts integrations with outfits like Coinbase and Babylon. With the move, VanEck will now offer regulated access to solana staking rewards on top of the price of SOL. VanEck is one of a few firms offering regulated solana funds in Europe. 2024 has been a bullish year for crypto, and the fresh market cycle was largely driven, at least initially, by the…

President-elect Donald Trump’s transition team is reportedly exploring the possibility of establishing a dedicated position within the White House to address crypto policy. According to sources familiar with the ongoing discussions, the team is assessing potential candidates for the role. Donald Trump’s Latest Pro-Crypto Move If implemented, this position would mark a significant development, as it would represent the first White House role focused exclusively on crypto. The move could signal the digital asset sector’s growing influence and importance within the incoming administration. Details about the role remain unclear, including whether it would be classified as a senior-level position within…

BabyDoge has officially debuted on Nexo Futures, a platform widely recognized for its advanced trading tools and secure environment. The integration enables users to trade BabyDoge on the Nexo platform with more leverage trading capabilities up to 15 times. BabyDoge has revealed this groundbreaking news with the crypto community through its official social media platform, X. 🚨 Exciting News! BabyDoge is now live on Nexo Futures! 🚨We’re thrilled to announce that BabyDoge is now available for futures trading on Nexo (@Nexo) with up to 15x leverage!What is Nexo?Nexo is a trusted platform for managing, trading, and utilizing cryptocurrencies,… pic.twitter.com/E0pc6oQuAe —…

With Bitcoin sitting near $70K, is $100K the next stop? How will the U.S. election, ETF approvals, and market sentiment impact its future path? Table of Contents Bitcoin is bitcoining Spot Bitcoin ETFs gain traction as positive changes roll in Is a breakout imminent? Where could Bitcoin head next? Bitcoin is bitcoining Bitcoin (BTC) has been on an impressive bull run, gaining over 2% in the past week as the “Uptober” effect sweeps through the crypto market. As of Oct. 21, BTC is trading at $67,100—a level it hasn’t seen since late July, marking a 3-month high. In fact, BTC…

Justin Sun, the founder of Tron (TRX), one of the world’s largest cryptocurrencies and also one of the most recognized and wealthy names in the cryptocurrency world, announced in his statement that he will make a big announcement. The announcement came at a time when the Bitcoin price exceeded $72,000. The BTC price also broke the all-time high price record in Turkish lira terms. Sun said in his post that “big news” about Tron will be announced. In addition, he also stated that the “announcement of announcements” period has finally arrived, referring to the general rise in the market. The…

In a significant legal development, the Coin Center lawsuit against the U.S. Treasury’s sanctions on Tornado Cash continues to highlight the tension between privacy and regulation in the crypto sphere. The ongoing appeal underscores the broader implications for U.S. cryptocurrency users, emphasizing the need for clarity in regulations surrounding privacy-enhancing technologies. As legal counsel for Coin Center, Jeffrey S. Hetzel, stated, “The software is non-proprietary lines of code that no one on the planet can own, control, or alter.” The Coin Center lawsuit sheds light on the regulatory challenges facing privacy in crypto, as the appeal over Tornado Cash sanctions…

The crypto market has seen a shift in power, with Binance emerging as a dominant player in the global exchange network. Despite challenges like regulatory scrutiny and market volatility, Binance has solidified its position, capturing an increasing share of the Bitcoin reserve market among Proof-of-Reserve (PoR) exchanges. Binance’s Bitcoin Reserve Market Share Grows Since 2017 Data from CryptoQuant founder Ki Young Ju highlights Binance’s growth from mid-2017 to late 2024. Starting with a small share in 2017, Binance expanded rapidly, reaching about 10% of the market share by early 2018. After a decline phase from 2018 to 2020, the exchange…

Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” in which they made a host of dubious claims about Bitcoin. The notions that those who are late to investing in bitcoin are impoverished by those who were early to investing in it and that Bitcoin has failed as a payments technology are the authors’ central arguments. Bitcoin analyst Tuur Demeester sounded the alarm about the report on X. As a former academic, I was appalled at how lazy the arguments in this paper were. Hence, I’ve taken…

Theta Labs has announced a multi-year partnership with the University of Oregon’s artificial intelligence research facility, Distopia Laboratory. The Theta Labs team revealed the collaboration in a blog post published on Oct. 29, noting that the initiative will be led by Distopia’s Assistant Professor Suyash Gupta. EdgeCloud is a hybrid cloud computing platform for AI, video, rendering and gaming. Theta announced the launch of the solution in February, while phase one of the platform went live in May. According to the announcement, the lab will use Theta Network (THETA)’s EdgeCloud in the university’s AI model training. You might also like:…

Bitcoin has surged to unprecedented levels, reaching an all-time high of $94,000 amid growing optimism in the cryptocurrency sector. Ripple CEO Brad Garlinghouse criticized the Biden administration for what he called an “illegal war on crypto” in a recent interview, while expressing hope for a crypto-friendly approach under the Trump administration. Garlinghouse said Ripple is focused on revolutionizing cross-border payments using its native cryptocurrency XRP to make transactions faster and more affordable. Despite Ripple’s global operations, Garlinghouse noted that legal challenges from the SEC have limited its growth in the U.S. “Ninety-five percent of our customers are outside the U.S.,”…