Author: NBTC
Samson Mow, a vocal Bitcoin supporter and JAN3 chief executive officer, has published a tweet to take a jab at those critics who doubted BTC’s ability to skyrocket to $100,000 and surpass Saudi Aramco by market capitalization size. He published a tweet with a “quote” that seems to be made up of multiple doubts expressed publicly by various Bitcoin critics when the world’s largest cryptocurrency traded at $10,000. But Mow said that it was one NPS analyst, without revealing the name. Bitcoin surpassed Saudi Aramco, Mow reminds us Mow published a tweet that he stated was originally issued by “some…
Former Ripple director Sean McBride recently weighed in on the ongoing Ripple-SEC case, suggesting that a resolution could come soon. When asked if he thought the SEC would settle with Ripple soon, McBride responded on social media, stating that the case should either be dismissed or settled within the week. He explained that while there are nuances to both options, he believes a settlement is more likely than a dismissal. McBride shared his opinion that Ripple, as well as its executives Brad Garlinghouse and Chris Larsen, deserve compensation, and that a settlement would provide a more detailed resolution than a…
The Solana-based crypto trading bot Trojan racked up a record $363 million in trading volume on January 20. Coincidentally, this was also the day of Donald Trump’s inauguration and the launch of his TRUMP memecoin. These figures are according to a Dune analytics dashboard created by @whale_hunter_ which recorded the bot carrying out 842,037 trades on the eventful day and taking $2.8 million in fees. On January 19, its trading volume was $319 million, dropping to $182 million two days later. The bot has a “lifetime volume” of $16.21 billion and over the past seven days, dealt with $1.35 billion…
The global digital assets market, particularly Bitcoin (BTC) is hitting the headlines again as President-elect Donald Trump is set to take over the White House. BlackRock’s ETF chief, Samara Cohen, has made a bullish prediction that the crypto industry under Trump will drive BTC to another historic year. Altcoins are already riding the bullish waves along with Bitcoin over the pro-crypto promises made by Donald Trump. On CNBC’s “ETF Edge,” Cohen highlighted the upcoming progress in the FIT21 Act (Financial Innovation and Technology for the 21st Century Act) will pave the way for the industry. Another historic year for Bitcoin…
Xaman (formerly Xumm), a top XRP Ledger (XRPL) wallet processed over $6 billion in payments in 2024, which only cost users a total of $510. For all the flak the XRP Ledger has received over the years, its strengths as a low-cost and fast payment rail can hardly be denied. These strengths have been put on full display in impressive numbers revealed by the network’s leading wallet provider. Xaman Claims $6B in XRP Payments Xaman Wallet, the leading XRPL wallet developed by XRPL Labs, has recently spotlighted the network’s payment capabilities. In an X post on Wednesday, January 22, the…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. On Friday, the SEC filed suit against Nova Labs, the developer behind the Helium Mobile crypto-enabled cell network. The agency charged Nova Labs with fraud and registration violations. The litigation wound up being the last of Gary Gensler’s four-year tenure as SEC chair, and it was a seemingly poetic way for Wall Street’s top cop to go out. The regulator frequently locked horns with the crypto industry, which bristled against his “regulation by enforcement” approach. His staff departs with a lawsuit against a company it had been…
Ave.ai has revealed a new strategic partnership with Storm Trade. This partnership merges Ave.ai’s expert Web3 terminal with Storm Trade’s easy-to-use Telegram trading service to provide superior trading experiences. Ave.ai shared this news update via official X account. Users will receive better trading tools through the partnership. Users will gain entry to multiple markets with significant investment leverage opportunities. We are thrilled to announce a strategic partnership with Storm Trade @storm_trade_tonStorm Trade is your all-in-one trading hub, seamlessly integrated within Telegram to deliver a fast, simple, and convenient trading experience.With Storm Trade, you can trade… pic.twitter.com/EVIIX6Kgw0 — Ave.ai (@aveaiofficial) January…
MicroStrategy (MSTR) generated a lot of excitement from public market investors seeking exposure to bitcoin (BTC)-backed equity after founder Michael Saylor encouraged other companies to copy his leveraged strategy. The approach spawned a few success stories like MetaPlanet (MTPLF). That otherwise forgettable hotel operator has rallied over 1,000% since it started adding BTC to its balance sheet in April 2024. Diagnostic equipment company Semler Scientific (SMLR) has also more than doubled since it started adding BTC to its balance sheet. Thinking rationally, however, does this particular corporate pivot have a reliable track record of success? Setting aside these outliers, do…
In a recently published tweet, Monica Long, Ripple president, teased her upcoming speech during the XRP Community Day that is scheduled for Jan. 28-29 this year. Monica Long to unveil Ripple plans for 2025 Long hinted what her speech will be about – she will reveal the company’s goals for 2025, which has just started. They will include how Ripple intends to drive “institutional adoption of tokenized financial assets onchain.” Aside from that, she will talk about blockchain innovation across the Asia-Pacific (APAC) region. The Ripple president intends to talk about much more on Jan. 28 on X Spaces. Excited…
South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture
Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has slammed crypto lobbyists calling on countries to adopt or add Bitcoin to their respective reserves. Speaking at a panel discussion at the ongoing World Economic Forum in Davos, Switzerland, Kganyago questioned why the lobbyists are focused solely on having Bitcoin added to reserves and not other assets. According to a…