Author: NBTC

Anthony Scaramucci, a notable figure in the investment world, recently poured cold water on Grayscale Investments’ plan to launch a “mini bitcoin trust”. Scaramucci predicts that the initiative will face delays and will transfer a significantly smaller portion of the Grayscale Bitcoin Trust (GBTC) assets than anticipated. “The train has left the station,” he added, expressing strong skepticism about the timeliness and scale of the transition from GBTC to the newly proposed Grayscale Bitcoin Mini Trust. Grayscale’s strategic pivot In a bold move to stay competitive, Grayscale Investments filed for a new spot Bitcoin ETF, the Grayscale Bitcoin Mini Trust.…

Jordan Belfort, famously known as “The Wolf of Wall Street“, is no stranger to the world of finance and investments. He became famous due to his participation in securities fraud and financial crimes during the 1990s. However, in a recent conversation with Jason Raznick, CEO of Benzinga, Belfort shared his thoughts on some of the most attractive topics in the financial world today: Bitcoin (BTC), non-fungible tokens (NFTs), and penny stocks. Bitcoin as “insanity mass delusion” Initially skeptical, Belfort called crypto “insanity mass delusion.” However, his perspective has evolved, particularly regarding Bitcoin and Ethereum (ETH). He acknowledges his past skepticism,…

StarkGate has officially launched an updated version of the DAI token on Starknet. This move introduces a new era of DAI usage on the Starknet platform, encouraging users to migrate from DAI version 0 to the new DAI as soon as possible to enjoy enhanced features and improved security. For all DAI users: the new DAI version is now live on Starknet! 🚨StarkGate has recently launched the updated DAI token on Starknet, meaning that you can now swap your DAI to the new DAI at any time.We encourage all of you to migrate your DAI v0 to the new DAI…

The U.K.’s FCA says it will prioritize trust over speed when it comes to crypto registrations. The industry have said the FCA takes too long to approve crypto applications. The regulator has only approved 45 firms in four years. The U.K.’s Financial Conduct Authority (FCA) won’t compromise a focus on trust just to more quickly register crypto companies, an executive from the national regulator said Thursday. “A simple focus on numbers could undermine trust and reputation,” said Sarah Pritchard, the FCA’s executive director for markets and international at TheCityUK conference, in response to industry complaints that the regulator takes far…

Payoneer is known for its global payment services, enabling individuals and businesses to send and receive money worldwide. While Binance doesn’t support Payoneer directly, you can still transfer money from your Payoneer account to Binance in a few easy steps. In this article, we are going to show you how you can transfer money from Payoneer to Binance, how you can buy Bitcoin and other crypto with Payoneer, and more. Key highlights: The Binance P2P marketplace doesn’t support Payoneer as a payment method. However, you can use your Payoneer card to buy cryptocurrency on Binance and then use the cryptocurrency…

A widely followed crypto analyst is pointing to a higher price target for Bitcoin (BTC) in the short term before correcting after hitting $72,000. In a new video update, crypto strategist Jason Pizzino tells his 316,000 YouTube subscribers that based on the last cycle Bitcoin could rally to around $81,000 before a sudden correction. He bases his prediction on the fact that last cycle Bitcoin climbed from a cycle low of about $3,000 to a high of about $69,000, a $66,000 rally. A $66,000 rally from the current cycle low would put Bitcoin at about $81,000. “Should we get above…

The development of blockchain-powered secondary markets can help improve the adoption of tokenization in traditional markets, a new report by Moody’s says. Although there is a lack of these secondary markets, analysts are noting growth. Blockchain-powered secondary markets can help expand the reach of tokenized assets, analysts at Moody’s Investors Service said in a report published Thursday. Tokenization is the representation of real-world assets on a blockchain, and financial institutions worldwide are exploring how it can improve the efficiency, cost and reach of financial markets. For example, tokenization allows large assets such as private equity or real estate to be…

dYdX is facing a chain halt amid a scheduled upgrade, marking its first major outage since the launch of its fourth version. Cosmos-based dYdX Chain stopped producing blocks on Apr. 8 shortly after the network underwent a scheduled upgrade to its fourth version. According to the project’s status page, the issue “continues to be investigated,” adding that it’s been “agreed to reconvene with the validators around 15:00 UTC.” “This means that the devs won’t suggest a workaround or a fix until then so that the validators won’t get jailed for not being online when the chain restarts.” The dYdX Chain…

NEW YORK – A Manhattan jury has found crypto trader Avi Eisenberg guilty on fraud and market manipulation for his $110 million heist from decentralized finance protocol Mango Markets in October 2022. Eisenberg was arrested in Puerto Rico in December 2022 and charged with commodities fraud, commodities manipulation, and wire fraud for the scheme. He has not yet been sentenced by New York District Court Judge Arun Subramanian, but faces up to 20 years in federal prison for his crimes. During his trial in New York’s Southern District, Eisenberg’s defense attempted to spin his trades on Mango Markets as “successful…

Surf Wallet, the premier wallet built on Sui Network, has recently integrated AlchemyPay’s On and Off-Ramp solution. This strategic integration now empowers users to effortlessly transition between cryptocurrencies and fiat currencies without navigating through complex or time-consuming processes. .@surf_wallet, the wallet built on #Sui Network, has integrated #AlchemyPay’s On & Off-Ramp solution. With this integration, it enables users to seamlessly transfer between crypto and fiat without the need for complex and time-consuming processes.https://t.co/3fv0Q5PDMI$ACH pic.twitter.com/I7LsjEyjPr — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) April 19, 2024 Surf Wallet Streamlines Transactions with Alchemy Pay Partnership The integration of Alchemy Pay’s fiat-crypto On and…