Author: NBTC

A the latest bid to curb AI-generated deepfakes, a bipartisan group of U.S. senators led by Washington Senator Maria Cantwell announced on Thursday the introduction of the Content Origin Protection and Integrity from Edited and Deepfaked Media (COPIED) Act. The COPIED Act calls for a standardized method to watermark AI-generated content so that it can be easily detected. It also requires AI tool providers to allow creators to attach information detailing the origin or “provenance” of their content in a way that cannot be removed. Senators signing onto the proposed bill include Marsha Blackburn (R-Tenn.) and Martin Heinrich (D-N.M.). The…

Binance, the world’s largest cryptocurrency exchange, continues its altcoin announcements. At this point, Binance announced both a delist and a listing today. Accordingly, announcements came for ALGO, DYN,SXP, TUSD, 1000SATS and IO Binance announced that it will delist ALGO/ETH, DYM/FDUSD, SXP/BNB and BTC/TUSD, TUSD/USDT trading pairs, while 1000SATS/USDC and IO/USDC trading pairs will be listed. “To protect users and maintain a high-quality trading market, Binance periodically reviews all listed spot trading pairs and may delist certain spot trading pairs due to various factors such as poor liquidity and trading volume. Based on our latest reviews, Binance will remove and suspend…

Seasoned cryptocurrency analyst Charles Edwards foresees more pain for Bitcoin (BTC) bulls in the coming weeks. At the same time, Spot Bitcoin ETF flows signal that TradFi investors are sure that the “buy the dip” moment has already arrived. “Buy Bitcoin” signal might be “weeks away”: Charles Edwards on miners’ capitulation The Hash Ribbon Capitulation signal, which is typically interpreted as an indicator of miners’ pessimism, was confirmed in mid-May. It happened just prior to the worst Bitcoin (BTC) price drop since FTX’s collapse, as noticed by Charles Edwards, renowned Bitcoin (BTC) investor and Capriole Investments founder. The biggest Bitcoin…

Upbit’s listing of BEAM on its platform has led to a 39.68% rally to $0.03611. If the current trend persists, BEAM could surge further to $0.038535. South Korea’s premier cryptocurrency exchange, Upbit, recently added Beam (BEAM) to its trading list, leading to a surge in trading volumes and investor interest. The announcement has significantly boosted BEAM’s visibility and accessibility, propelling a sharp demand increase. This heightened interest drove BEAM’s price up by over 39.68% in a few minutes, jumping from $0.02589 to $0.03611. At the time of writing, BEAM is trading at $0.3341, marking a 21.65% increase with a market…

SEC vs. Coinbase hearing on Thursday addresses the exchange’s demand that Chair Gary Gensler should testify. Coinbase Attorney Kevin Schwartz’s arguments fail to convince Judge Katherine Polk Failla. Judge says she is troubled by hearing that SEC is stonewalling, asks parties to work together. Judge Katherine Polk Failla, who presided over the Securities & Exchange Commission (SEC) vs. Coinbase hearing early on Thursday, was troubled by the state of affairs and has asked the parties to work together. While Coinbase’s attorney argues that SEC Chair Gary Gensler’s statements prior to being sworn into office are relevant to the case, the…

Russia’s Ministry of Finance is reportedly working on allowing stock exchanges to open crypto trades, but restrict access to a limited group of “highly qualified” investors. Russia‘s Ministry of Finance, also known as Minfin, is exploring measures to permit crypto trading on stock exchanges as the country is moving closer to legalizing crypto payments for cross-border trades, Russian state news agency Interfax reports, citing sources close to the matter. The report notes that the ministry is mulling a mechanism that would allow conducting trades with digital currencies, but for “highly qualified” investors only as Russia’s central bank, the Bank of…

The correlation between Bitcoin (BTC) and the S&P 500 index is witnessing a significant shift as both asset classes continue to record divergent value movements. In this regard, market expert Ali Martinez suggested in a July 11 X post that this decoupling could indicate a substantial move ahead for Bitcoin. Notably, Bitcoin’s price and the S&P 500 index have diverged significantly over the past month. While Bitcoin retraced to $54,000, the S&P 500 surged to new all-time highs. This divergence is particularly striking, as the two assets had previously shown a strong correlation. Historically, Bitcoin and the S&P 500 have…

ORDI: Surged by 16.1% to $50.33 with a $1 billion market cap and $516 million trading volume. RATS: Up 13.8% at $0.0001714, with a market cap of $177.05 million and $71.35 million trading volume. QI: Marked a 6.9% increase, hitting $0.01956, boasting a $93 million market cap and $12 million volume. Amid unexpected market fluctuations, these 4 cryptocurrencies showed significant price increases. From Ordinals to IoTeX Network, let’s dive deeper and find out what makes them shine in the market today, May 31st. Ordinals (ORDI) The price of Ordinals (ORDI) rose 16.1% in 24 hours and has now touched $50.33.…

The US Securities and Exchange Commission (SEC) is allowing some banks and brokerages to avoid reporting customer crypto holdings on their balance sheets under certain conditions, Bloomberg reported today, citing a source familiar with the SEC’s guidelines. To avoid the reporting requirement, companies must have safeguards in place to address risks associated with crypto holdings. These safeguards include protecting assets in case of bankruptcy and having strong internal controls. Bloomberg’s source said the change was the result of “closed-door” negotiations between financial entities and the SEC. The regulator believes companies have improved security measures to address hacking and business failures…

Decentralized derivatives platform Horizon Protocol confirms the approval of HIP-16 proposal to list XRP, Cardano (ADA) and Chainlink (LINK). In a recent X post, the trading and liquidity pool protocol disclosed plans for new listings to the Horizon Futures. The decentralized derivatives protocol urged users to prepare to trade XRP, ADA and LINK on the derivatives market. New listings coming to Horizon Futures! ⚡ Get ready to trade $XRP, $ADA, and $LINK with low fees and up to 27.5x leverage! Set up your trading account today! https://t.co/BmBq5kea1A — Horizon Protocol (@HorizonProtocol) July 10, 2024 The post echoes Horizon Protocol’s official…