Author: NBTC

New Hampshire State Representative Keith Ammon discussed the potential benefits of the state diversifying its financial reserves into Bitcoin exchange-traded funds (ETFs) in a May 12 social media post. The SEC approved trading spot Bitcoin ETFs on US exchanges in January. Since then, the products have generated huge interest, with major financial institutions like JPMorgan Chase, trading firm Susquehanna International Group, and others revealing substantial holdings in these ETFs. 6200% ROI Ammon highlighted a hypothetical scenario where if the state had invested 5% of its rainy day fund into Bitcoin in 2016, the initial $4.65 million investment could have grown…

Polygon’s NFT sales volume surpasses Bitcoin (BTC) and Solana (SOL) as the non-fungible token (NFT) market gains momentum. According to data provided by CryptoSlam, the total NFT sales increased by 27% in the past 24 hours, reaching $18.21 million. The surge comes while the total number of transactions declined by 7%, currently sitting at 351,319. This movement might show heightened whale activity in the NFT sector. NFT sales volume by blockchain – July 10 | Source: CryptoSlam Moreover, Ethereum (ETH) has been leading the NFT scene since late May. Per CryptoSlam data, the NFT sales volume increased by 24% over…

South Korea is ramping up its fight against crypto fraud as a new digital asset law looms. The country’s financial regulator, the Financial Supervisory Service (FSS), is establishing a comprehensive monitoring system to eliminate fraudulent crypto trading on local exchanges as part of a broader initiative to enhance investor protection. According to Bloomberg, the Financial Supervisory Service (FSS) announced that it is establishing a monitoring system to detect unusual crypto trading activities. The FSS has urged crypto exchanges to provide data and information to this system to comply with the legislation that becomes active on July 19. South Korea is…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of the Bybit Card in Argentina, according to the latest information shared with Finbold on July 9. Bybit Card welcome packs and bonuses To celebrate the launch, Bybit is offering welcome packs and bonuses. New users who apply for a Bybit Card will receive a generous 10,000 ARS card bonus and be able to enjoy up to 10% cashback on all expenses. Existing cardholders who add their Bybit Card to major local payment platforms like Mercado Pago will also receive an additional 10% cashback on all purchases.…

Founder and chairman of MicroStrategy Michael Saylor has sent an important Bitcoin message to the crypto community, citing the legendary Terminator dilogy. Saylor was the one who initiated the current Bitcoin course taken by MicroStrategy when it started buying BTC on a regular basis in the August of 2020. A few years ago, he stepped down from his CEO position to focus on the Bitcoin strategy for the company. Several times a day, Saylor publishes Bitcoin-related posts on the X platform with a short message to the BTC community and an AI-generated image. This time, his message was related to…

While industry advocates have welcomed the finalized crypto tax measures after years of wrangling, messy deliberations about non-custodial providers still lie ahead. It’s been a long time consuming, but the Internal Revenue Service and the Treasury Department have finally agreed upon new crypto tax reporting rules for investors. At first, you may assume that these new guidelines would send shivers down the spine of exchanges and customers alike. But given there’s long been exasperation over a lack of clarity in the space, the policy — which attracted a whopping 44,000 comments during a consultation — has been pretty well-received. Why,…

Moonpay has announced a new partnership with Mesh, aimed at simplifying the process of depositing and transferring crypto assets from centralized exchanges. This collaboration seeks to enhance liquidity and accessibility for users across the crypto industry. Moonpay and Mesh Partner to Expand Crypto Payment Options Moonpay, a leading provider of fiat-to-crypto services, has teamed up with Mesh to streamline the way users deposit and transfer digital assets. Mesh is a modern financial operating system that enables deposits from exchanges and wallets, digital asset transfers, crypto payments, account aggregation, and trading within a unified platform. The announcement on Tuesday says the…

As Bitcoin and altcoins enter a critical week, there has been an increase in the market in the last 24 hours. While BTC is pinning above $63,000 today, it is hovering at $62,930 at the time of writing. While investors focused on US CPI and PPI data and FED President Jerome Powell’s speech this week, a new analysis came from QCP Capital analysts. At this point, analysts state that $60,000 is a strong support level, except for hawkish surprises in Bitcoin, and expect the rise to continue even if the BTC price continues to consolidate. Finally, analysts stated that option…

Small and medium-sized projects that want to list tokens directly through Launchpool, Megadrop, etc., are openly invited by Binance to apply for “active” support from the exchange. So, in this article, let’s explore the top low-cap gems with high potential for Binance listing with Coincu. Top Low-Cap Gems with High Potential for Binance Listing 12 Table Of Contents Binance’s Reassuring Solution Regarding Low Float & High FDV Issues 8 Low-Cap Gems That Can Be Listed on Binance Conclusion Binance’s Reassuring Solution Regarding Low Float & High FDV Issues The latest report by Binance further says that tokens issued in 2024…

Key Points: Former U.S. Attorney General Donald Verrilli criticizes federal regulators for allegedly blocking crypto banking services. Former Solicitor General Paul Clement also raises constitutional concerns over the Fed’s powers in a separate legal brief supporting the crypto industry. Former U.S. Attorney Solicitor Donald Verrilli has accused federal regulators of actively preventing the crypto banking services. Regulatory Challenges for Crypto Banking Services Speaking through a friend of the court brief filed on behalf of Custodia Bank, Verrilli criticized regulators for what he described as a deliberate effort to “debank” the crypto banking services. This comes in response to a Wyoming…