Author: NBTC

KuCoin, a prominent player in the global cryptocurrency exchange arena, has unveiled GemVote. This new initiative marks a significant shift towards a more democratic process in the curation and selection of cryptocurrencies for listing on their platform. GemVote is designed to empower the KuCoin community, enabling users to have a substantial say in the discovery and backing of new and promising crypto projects. This initiative not only reflects KuCoin’s dedication to fostering a user-centric ecosystem but also sets a new standard for community engagement in the cryptocurrency exchange landscape. ​​Empowering Community Voices By allowing users to nominate and cast votes…

Bitcoin BTC investors and crypto investors more broadly are no stranger to volatility, and 2024 has proven to be a year that continues to reinforce that narrative. With the approval of spot bitcoin ETFs, the possibility of spot ether ETFs soon following, and increasing regulatory clarity in the form of FASB guidance it should come as no surprise that the sentiment for bitcoin and cryptoassets continues to improve. That said, even some of the more optimistic forecasts of the effect that spot ETF approvals would have on price levels have needed to be revised as price levels continue to appreciate…

The U.S. Securities and Exchange Commission postponed a decision on whether to approve Grayscale Ethereum Futures Trust’s Ethereum ETF application, the agency said in a document filed on Friday. Its new deadline is May 30. The Securities Exchange Act of 1934 gives the agency has 180 days or six months from when notice of the proposed rule change is published. The Grayscale application was first filed in September, and the agency deferred making a decision in November. “The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed…

A few years ago, there were many cryptocurrency exchanges that didn’t require users to complete a KYC (know your customer) identity verification process. Due to pressure from regulators, however, most exchanges now won’t allow users to trade crypto if they don’t verify their identity. However, there are still some options available to users who want to buy Bitcoin without ID. In this article, we’ll show you how to buy Bitcoin anonymously and give you some useful tips on how to enhance your privacy when transacting with Bitcoin. Use peer-to-peer (P2P) Bitcoin marketplaces that don’t require KYC Peer-to-peer (P2P) Bitcoin marketplaces…

Technical indicators suggest Ethereum ($ETH), the world’s second-largest cryptocurrency by market capitalization, could see its price climb above $5,400 this year, according to data shared by a cryptocurrency analyst. The analysis, based on the Mayer Multiple oscillator, which is calculated “as the ratio between price, and the 200-day moving average” points to the possibility of Ether reaching the upper band of the indicator, as reported. Ethereum is at the time of writing trading at $3,300 after losing over 10% of its value over the past week amid a wider cryptocurrency market downturn that has seen Bitcoin plunge from a new…

Kyle Davies, the founder of bankrupt Three Arrows Capital (3AC), was recently interviewed on the cryptocurrency podcast Unchained. During the interview, Davies explained how he intends to avoid his prison sentence in Singapore, how he still believes his actions were not fraudulent, and why “Uncle Kyle’s Chicken restaurant” is still unlaunched. Davies claimed the pending Singaporean prison sentence was a surprise, blamed his and Su Zhu‘s lawyers for not adequately reminding them about the court date that they missed, and also said that “this is not my full-time job.” Despite their lawyers apparently being responsible for their prison sentences, Davies…

Elon Musk’s X Payments, an integral component of his social network X, has attained significant regulatory milestones by securing licenses for money transmitter activities in three key new U.S. states at once. The approvals, granted by supervisory authorities in Illinois, New Mexico and Oregon on March 20, underscore the strategic direction of Musk’s vision to enhance the functionality of his digital platform beyond its initial scope as Twitter. This latest achievement expands X Payments’ operational reach, complementing existing licenses obtained in 19 other states, including Georgia, Arizona and Ohio. The move aligns with Musk’s overarching objective of transforming X into…

In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws. The model, representing a blend of science and finance, forecasts bitcoin’s journey to unprecedented heights reaching $1 million per unit by 2033. The Power Law Model’s Bold $1 and $10 Million per Bitcoin Predictions The Bitcoin Power Law suggests a predictable trajectory for BTC’s price, mirroring the patterns seen in natural phenomena ruled by power laws. BTC proponents Fred…

VaultTech, an ecosystem for providing a range of crypto services, shared their excitement for their upcoming Vault mobile application. The crypto firm commenced signing up for beta testing listings, claiming that users can win 5K USDT upon signing. 🚀 Get ready for the launch of the Vault app! 🚀 Sign up for our closed beta testing list now for a chance to win $5K USDT! 🤑 Hurry, only 100 spots available! Don’t miss out on this opportunity to be a part of something big! Sign up here: https://t.co/XwhQOjtfVg#crypto… pic.twitter.com/xrLj2kkd5X — VaultTech🏦🤖 (@VaultTechHub) March 14, 2024 According to a recent announcement,…

Empower Oversight, a nonprofit dedicated to enhancing independent governmental oversight, filed a lawsuit against the United States Securities and Exchange Commission (SEC) on Friday, alleging the federal agency failed to comply with their Freedom of Information Act (FOIA) request regarding cryptocurrency conflict of interests at the agency. The nonprofit’s lawsuit is particularly focused on uncovering information about William Hinman, the Director of the Division of Corporate Finance at the SEC from May 2017 to December 2020, following revelations “that several former-SEC officials held financial interests that call into question the integrity of their actions at the SEC.” US Government Agency…