Author: NBTC

Crypto investment products saw nearly $2 billion in post-election inflows, pushing year-to-date inflows to a record $31.3 billion, according to data from CoinShares. Crypto investment products recorded $1.98 billion in inflows following last week’s U.S. election, raising year-to-date inflows to a record $31.3 billion and bringing global assets under management to an all-time high of $116 billion, CoinShares reported on Monday, Nov. 11. This marks the fifth consecutive week of inflows, with the U.S. leading regional interest at $1.95 billion, followed by Switzerland ($23 million) and Germany ($20 million). Bitcoin led the inflows, attracting $1.8 billion last week and bringing…

Maneki, Moo Deng, and Sundog have surged between 40% and 55% over the past 24 hours as meme coins dominate crypto trading following Donald Trump’s victory in the U.S. presidential election for a second term. Bitcoin (BTC) jumping to a new all-time high above $76k to reach a new peak for the second day in a row has bulls rearing to go. The surge also saw 11k new Bitcoin millionaires emerge. However, meme coins have shown the largest gains among the top 500 coins by market cap, drawing significant attention. You might also like: Dogecoin price enters correction: could DOGE…

NEW YORK Nov 13 (Reuters) – Congress is likely to adopt legislation governing cryptocurrencies during President-elect Donald Trump’s administration, Jay Clayton, a former top Wall Street regulator and potential political appointee, said on Wednesday. Clayton also said he favored easing regulatory burdens to encourage companies to go public, remarks foreshadowing broad-based changes in public policy now anticipated by industry, which spent heavily to influence this month’s elections. “I think we will see crypto legislation,” Clayton told a gathering of securities lawyers in New York. “I think it becomes much easier to have crypto legislation if you’re tackling some of these…

Although social media like TikTok have revolutionized communication, TV remains a powerful tool for educating people about blockchain and Web3. Its longer formats indeed provide the context and depth necessary for understanding, according to Sander Gortjes, co-founder and CEO of Hello Labs. In this article, we see all the details. Won’t TikTok be the key to educating the masses about blockchain? Inspiration from Shark Tank and the example of Joe Rogan’s podcast TV as a bridge to the mainstream Won’t TikTok be the key to educating the masses about blockchain? In an era in which short and engaging content dominates…

As the price surge of Bitcoin surpasses the $70,000 region, will the flag breakout rally extend to the lofty $80,000 region by November? The crypto market has reached a $2.4 trillion market cap, an increase of 4.8% over the past 24 hours. Bitcoin has also significantly increased by nearly 5% in the past 24 hours. Bulls anticipate the BTC price creating a new all-time high after crossing above the $70,000 psychological mark. Should you consider buying Bitcoin near its all-time high? Bitcoin (BTC) Price Analysis The Bitcoin (BTC) price is currently trading at $71,173, surpassing the crucial psychological mark and…

Ethereum price started a downside correction from the $3,450 zone. ETH is now consolidating and facing hurdles near the $3,250 resistance. Ethereum started a short-term downside correction from the $3,450 zone. The price is trading above $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it remains stable above the $3,120 zone. Ethereum Price Hits Support Ethereum price started a fresh increase above the $3,1200 resistance like Bitcoin. ETH was able to climb…

Coinbase’s stock soared past the $300 mark on Monday, currently trading at $317, following a 17% rise fueled by investor optimism surrounding crypto-related companies after Donald Trump’s presidential election victory. This surge reflects a broader trend as Bitcoin hit record highs, rising above $85,000. MicroStrategy’s stock also surged 17% amid a Bitcoin buying spree, with the company recently acquiring an additional 27,200 BTC, bringing its total holdings to a massive 279,420 BTC. Coinbase has seen substantial benefits from increased trading volumes and transaction fees as Bitcoin’s price rises, driving a 243% increase in its stock value over the past year.…

Solana’s liquid staking ecosystem has skyrocketed, hitting a $5.67 billion market cap. With a liquid staking ratio of 8.10%, Solana’s liquid staking sector continues to set new records. The uptick in the network has led to a surge in staking token, JitoSOL, which currently holds a nearly 43% market share. 🚨 BREAKING: The Total Market Cap of @Solana Liquid Staking Tokens (LSTs) surges to $5.67 billion, a new all-time high.Top LSTs by market share:• $JitoSOL: 42.9% • $mSOL: 16.8% • $jupSOL: 12% pic.twitter.com/CUwy1VMvwq — SolanaFloor (@SolanaFloor) November 7, 2024 Liquid Staking’s Appeal Liquid staking lets stakers lock their assets while…

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…