Author: NBTC

Tether, the company behind the largest stablecoin USDT, announced that it will cooperate with the Republic of Uzbekistan to contribute to cryptocurrency regulations. At this point, Tether announced today that a Memorandum of Understanding was signed with the National Perspective Projects Agency of the Republic of Uzbekistan. Tether will focus on supporting the development of a legal framework and regulatory policy for cryptocurrencies in Uzbekistan and will facilitate the development and implementation of Uzbekistan’s digital currency. Tether made the following statements in its statement: “Tether, the largest company in the cryptocurrency industry, today signed a Memorandum of Understanding (MOU) with…

What is the point of a $275,000 fine? This week, crypto OG Erik Voorhees’ exchange ShapeShift settled charges with the U.S. Securities and Exchange Commission (SEC) over alleged securities law infractions. The exchange, which decentralized its ownership structure by launching a DAO that oversees operations in 2021, agreed to pay a $275,000 fine to settle the charges, neither agreeing nor denying guilt. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. The settlement is a curious case, raising more…

In the dynamic world of crypto, former US President Donald Trump has once again made headlines for his digital asset wallet that has reached a remarkable amount of 7.5 million dollars. Feeding off the rapid rise of MAGA and the gains of Ethereum, the cryptocurrencies owned by Trump have experienced a surge, capturing the attention of enthusiasts and skeptics alike. Trump in the crypto world: the $7.5 million wallet Will Trump monetize his assets? Conclusions Trump in the crypto world: the $7.5 million wallet Donald Trump’s foray into the world of cryptocurrencies has been nothing short of extraordinary. After attracting…

This week Bitcoin touched its all-time high (ATH) of $69,000 from November 2021. After 847 days, the largest cryptocurrency has returned to the top of the previous cycle and may soon enter the price discovery territory again. This historic event is perfect for comparing data from previous Bitcoin cycles. Long-term technical analysis of previous cycles allows us to estimate the peak of the BTC price for the current cycle and when it should be reached. Perhaps the upcoming halving of Bitcoin is still the basis for determining the 4-year cycles of the cryptocurrency market. If so, a new bull market…

In a landmark move that signals growing interest in Ethereum’s decentralized finance (DeFi) capabilities, OKX Ventures, the investment branch of the global cryptocurrency powerhouse OKX, has unveiled a significant investment in ether.fi. This innovative protocol stands out as a pioneering force in the realm of liquid restaking solutions on the Ethereum blockchain. ether.fi is setting new standards in the Ethereum ecosystem with its decentralized, non-custodial approach to delegated staking. This protocol is ingeniously designed to empower users to stake their ETH and in return, obtain eETH, a restaked liquid staking token. This development is not just a step forward in…

Helium announced that it would sunset Helium Price oracles for three tokens: HNT, IOT, and MOBILE. Data submission will be stopped effective March 20, 2024. This fulfills the need to have custom price feeds for Helium tokens. The announcement comes after Pyth Network successfully implemented price feeds for HNT, IOT, and MOBILE. That enables the network to leverage the composability of Solana. Pyth Network will now collect real-time data from verified sources to deliver consensus prices on-chain. Verified sources include exchange platforms and markets. Price feeds by Pyth Network for Helium are available for all users. They can be integrated…

U.S. authorities will continue to seek the extradition of Do Kwon despite a Montenegro court ruling in favor of an extradition to South Korea, Bloomberg has reported. The extradition saga has seen several appeals of decisions, and at the moment, it is unclear whether Do Kwon will appeal the latest decision. The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg. On Thursday, Kwon’s attorney, Goran Rodic, told CoinDesk via text that a Montenegro court had ruled to extradite him to South Korea after March 23 without…

Ark Invest has sold over 100 million dollars worth of Coinbase (COIN) shares between Monday, Tuesday, and Wednesday of this week. Ark Invest and the sale of Coinbase (COIN) shares for over 100 million dollars Ark Invest: Coinbase stock selling strategy and COIN price The crash of the exchange during the surge of Bitcoin and more Ark Invest and the sale of Coinbase (COIN) shares for over 100 million dollars The investment management company of Cathie Wood, Ark Invest, has resumed selling Coinbase shares (COIN). Just this week, between Monday, Tuesday, and Wednesday, the total sale of COIN has been…

Solana (SOL) has witnessed a significant surge in its price alongside an unparalleled increase in decentralized exchange (DEX) trading volume. Detailed statistics from DeFiLlama highlight that from March 3 to March 6, Solana’s DEX trading volume consistently surpassed the $2 billion mark, reaching a staggering $2.85 billion on March 5, a record-setting figure for single-day trading volume. This remarkable trend continued throughout the week, with the total weekly volume skyrocketing to $14.966 billion, marking an increase of 152.63%. This surge in trading activity reflects growing interest and confidence among traders and investors in the Solana ecosystem. The increase in DEX…

Dark Horse, a pseudonymous crypto researcher, stirs up controversies in the XRP community following his recent analysis of Judge Analisa Torres’ decision regarding XRP. In a tweet yesterday, Dark Horse claimed that XRP is only a digital asset with no legal definition. The researcher noted that Judge Torres, the ruling judge in the SEC v. Ripple lawsuit, never categorized XRP as a security or commodity. 🤔🤔🤔 Need some X Legal help please to debate this.. ➡️ I believe that Judge Torres has not determined XRP token as a security or commodity➡️ I also believe that she did not define XRP…