Author: NBTC

The TRUMP token, a meme coin inspired by former US president Donald Trump, surged on Wednesday morning as the crypto market looked to bounce following Tuesday’s dump. MAGA (TRUMP), the largest Trump-related memecoin by market cap, rose from lows of $11.86 to trade above $13.30 (at the time of writing). CoinGecko data showed TRUMP price was up 9% in the past 24 hours and trending higher following recent memecoin bloodbath. Trump meets Bitcoin miners On Tuesday, several prominent US-based Bitcoin miners, including executives and representatives of CleanSpark, Marathon Digital and Riot Platforms, met with Donald Trump. Trump told attendees that…

Tiger Brokers (HK) has secured a license from the Hong Kong regulator to offer virtual asset trading services to retail clients. This approval allows Hong Kong’s retail investors to trade Bitcoin (BTC) and Ethereum (ETH) through Tiger Trade, the company’s flagship platform. This move happened after Tiger Brokers initially introduced virtual asset trading services exclusively for professional investors. John Fei Zeng, the Chief Financial Officer and Director of Tiger Brokers mentioned: “We have seen a growing interest among investors in virtual asset investments. Many investors not only hold virtual assets but also stocks and other assets in their portfolios. Tiger…

In the final stretch of May, the world’s premier cryptocurrency has also been the one to keep investors and traders nearest to the edge of their seats. Indeed, after hitting a new all-time high (ATH) near $73,000 in March and substantially declining afterward – below $57,000 at one point – Bitcoin (BTC) finally again appeared poised to reach for new records. Still, after a climb on Monday, May 27 appeared to be heralding a breakout, BTC again entered into a decline that ensured Bitcoin price today stands at $67,992 – substantially below the hoped-for highs close to $73,000. Technical analysis…

ChainGPT, a leading AI-powered Web3 infrastructure provider, has integrated its AI NFT Generator with OKX’s X Layer, a prominent crypto exchange and Web3 technology company.— This collaboration aims to streamline and scale NFT minting through X Layer’s Layer-2 solution. By leveraging ChainGPT’s robust AI NFT Generator, developers and creators can efficiently produce and mint AI-generated artworks within OKX’s ecosystem. ChainGPT’s AI NFT Generator has already generated over 22 million digital artworks, establishing itself as a preferred platform for AI-generated NFTs. The integration with X Layer enhances accessibility to digital art creation and NFT minting, empowering a broader audience to participate…

Nate Geraci, president of The ETF Store, recently suggested the market is not prepared to welcome an XRP spot exchange-traded fund (ETF). Geraci shared his perspective during an interview with Tony Edward of the Thinking Crypto podcast. Edward highlighted projections suggesting that a Solana or XRP ETF could emerge by 2025 and asked Geraci to assess the likelihood of these crypto investment products coming to market. XRP Futures ETF Must Precede Geraci explained that the introduction of an XRP ETF would require key developments. First, it would need to undergo a similar approval process to that of Bitcoin and Ethereum,…

The team behind TRUMP (the meme coin, not the former U.S. president) have a similar complaint as their crypto token’s namesake: They say the game is rigged against them. The team, who have no official ties to Donald Trump, told CoinDesk they’ve had a hard time getting the original Trump-themed PoliFi token listed on mainstream digital asset trading platforms. TRUMP, whose logo features the GOP candidate with laser eyes, primarily trades on decentralized exchanges (DEXs) but is available on lesser-known centralized exchanges including MEXC, LBank, BingX, and BitMart. However, when the team applied in mid-May to list the token on…

Bearish days are some of the most troubling times in the digital currency ecosystem, and investors tend to lose faith during this period. Drawing on this, Shiba Inu Marketing Lead Lucie has shared some unique things community members can do to weather the current bearish storm. Bear market to-do list It is worth noting that bearish market days are often characterized by elongated days, wherein Shiba Inu ends the trading day down on the negative. At the time of writing, Shiba Inu has slumped by 0.34% in 24 hours and by more than 15% over the past week. According to…

A crypto trader and the formerly largest Ethena (ENA) staker has capitulated with $13 million of mostly realized losses. As fear took over, the investor unstaked a $17 million position built with an initial investment of around $30 million. Notably, the trader built his position from April 5 to April 10 with four 5 million ENA withdrawals from Binance. According to a Lookonchain report on X, the purchases resulted in a 23.24 million ENA position worth $30 million. The average price was $1.29 per token. Later, the Ethereum (ETH) address ‘0x886b70db1A5Ec9DA60231D3A059b640dB7f116ed‘ staked the recently acquired ENA, becoming the token’s largest…

Brazil’s Special Department of Federal Revenue will begin collecting information from foreign crypto exchanges to ensure their operations are in compliance with local regulations, Reuters reported on June 18. The tax department will ask foreign crypto exchanges how they interact with local service providers and ensure the companies provide details required by regulations introduced in 2019. Deputy Secretary of Inspection Andrea Chaves said: “It’s an area of concern for us to understand first how [the foreign exchanges] operate here, whether there’s any illegality or not.” Chavez said that the tax department will also collect information about Brazilian wealth that should…

Gabor Gurbacs, strategic advisor at Tether and VanEck, has taken to the global X social media network to send an important message to countries with weakening fiat currencies. This message is about the world’s leading cryptocurrency, Bitcoin. No fiat currency can replace USD, but Bitcoin can, Gurbacs says Gabor Gurbacs shared his take on any viable alternative to the U.S. dollar among the other fiat currencies around the world. He believes there is no “better alternative” to it for countries whose national fiat currency is depreciating. Gurbacs’s message to those countries is to follow the example set by El Salvador…