Author: NBTC

As the altcoin season gradually takes shape amid Bitcoin’s price stability around the $97K level, global interest in “altcoins” is now reaching a fever pitch. Data from Google Trends shows that searches for “altcoins” have reached the highest possible popularity score of 100 within the first four days of December. Historical Trends in “Altcoin” Popularity In November, search interest in “altcoins” initially climbed to a score of 93, then dropped to 56 mid-month. This mirrored the crypto market’s reaction to Donald Trump’s November 5 presidential victory announcement, which coincided with Bitcoin’s all-time high. Despite a temporary cooling period, altcoin-related searches…

Authorities have apprehended a Johannesburg resident for using cryptocurrency to fund terrorism. According to the Hawks, the unnamed suspect was tracked and arrested at his home. The Hawks is a special unit of the South African Police known as the Directorate for Priority Crime Investigation. It is in charge of investigating serious organized criminal offenses. According to reports, the Crime Against The State (CATS) team arrested the suspect, a 35-year-old male on Friday afternoon. He has been charged with contravening the Protection of Constitutional Democracy Against Terrorist and Related Activities Act. Hawks spokesperson Colonel Philani Nkwalase mentioned that the arrest…

BlackRock has significantly increased its stake in its own IBIT Bitcoin ETF, according to its recent portfolio disclosure filed with the U.S. Securities and Exchange Commission (SEC). Now, it holds more than $77 million worth of IBIT in its Strategic Income Opportunities Portfolio. BlackRock Increases IBIT Bitcoin ETF Holdings According to the SEC filing registered today, BlackRock revealed that the firm held 2,140,095 shares of IBIT Bitcoin ETF in its Strategic Income Opportunities Portfolio as of September 30, 2024. These shares were valued at $77.3 million, a marked rise from the 88,000 shares reported as of June 30, 2024. This…

The Plume Network has recently announced an exclusive collaboration with Anchorage Digital. The partnership aims to revolutionize the asset management by the institutions with the provision of transparent and secure custody solutions regarding Plume tokens. The platform provided the details of this collaboration on social media. We’re pleased to announce our unique and industry-changing partnership with @Anchorage Digital Bank and Porto by Anchorage Digital, an institutional self-custody wallet built with the security and technology Anchorage Digital is best known for.Once tokens are live, for the… pic.twitter.com/AdQJxFUZ3f — Plume Network – RWAfi L1 (@plumenetwork) January 3, 2025 Plume Partners with Anchorage…

Ethereum has recently experienced a surge in buying activity, finding robust support at the critical $3.5K level, triggering a bullish rebound. Despite this recovery, the $4K resistance remains a significant barrier that ETH buyers aim to overcome in the mid-term. Technical Analysis By Shayan The Daily Chart Ethereum’s price action has been characterized by a notable rebound after encountering support at the decisive $3.5K level. This region served as a pivotal accumulation zone, fostering increased buying pressure and a subsequent upward surge. As the price climbs, the $4K resistance emerges as a critical psychological and technical barrier, requiring a decisive…

Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted two transactions, which moved a substantial amount of XRP each. One of them was transferred to the largest U.S. crypto exchange, Coinbase. This increased whale activity has been spotted while the XRP coin continues to rise after it recaptured third place on CoinMarketCap. After a sudden 16% decline on Tuesday, when XRP dropped from $2.86 to $2.41, XRP has managed to recover 10% and is now changing hands at $2.56. $103 million in XRP transferred to Coinbase The data source mentioned above revealed that over the past eight…

The European Union (EU) is rolling out significant travel regulation changes starting in 2025, with new rules affecting the use of bank cards, cryptocurrencies, and crypto exchanges. Travelers heading to the EU should prepare for these adjustments to avoid disruptions during their trips. According to recent reports, the EU has updated guidelines regarding the use of bank credit, debit cards, and cryptocurrenices for those traveling to countries within the region. Certain cards may face restrictions or require additional verification measures to comply with the EU’s financial regulations. Travelers are encouraged to contact their financial institutions ahead of their trips to…

Bitcoin has observed a plunge under the $93,000 level during the past day. Here’s what the trend in an indicator suggests about what could be behind this downturn. Bitcoin Coinbase Premium Gap Has Gone Cold As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Coinbase Premium Gap has returned to neutral levels recently. The “Coinbase Premium Gap” here refers to an indicator that keeps track of the difference between the Bitcoin price listed on Coinbase (USD pair) and that on Binance (USDT pair). This metric essentially tells us about how the buying or selling…

A new proposal to hardcode the price of Ethena’s USDe to match Tether’s stablecoin USDT in Aave’s pricing feed has seen huge pushback from community members. The proposal, jointly authored by Chaos Labs and LlamaRisk claims to protect Aave users from secondary market fluctuations. According to the proposal, Chaos Labs and LlamaRisk, a member of Ethena’s risk committee, want to align sUSDe Oracle to USDT’s pricing. This would ensure seamless integration, and eliminate disruptions caused by transient price fluctuations in USDe. Aave is one of the biggest decentralized finance (DeFi) lending platforms, boasting a total value locked (TVL) of $37…

PEPE is seeing increased whale accumulation as price bounces near key level. The meme coin could explode amid further buy-side pressure. Pepe (PEPE) has recorded a notable increase in price amid bullish momentum. However, bulls could see another huge move as the surge in whale activity points to long term positioning. Per market data, the meme coin’s holder composition had a net inflow of 580 billion PEPE and an outflow of 534 billion PEPE on Dec.3. As the market trends indicate Pepe whale accumulation, this outlook suggests a potential impact on price as buying pressure mounts. PEPE whale activity According…