[ad_1] Hong Kong’s Futu Securities International has announced the launch of its crypto deposit service which facilitates Bitcoin, Ethereum, and Tether deposits and trading for investors. According to the firm’s press release, qualified investors can now make deposits and trade cryptocurrencies on Futu’s all-in-one online trading platform. Hong Kong’s largest online retail brokerage has expanded its suite of cryptocurrencies to include stablecoin deposits for USDT (USDT) as well as major tokens such as Bitcoin (BTC) and Ethereum (ETH). Investors can now use the Futu NiuNiu app to trade crypto as well as traditional asset classes including Hong Kong, U.S., and…
Author: NBTC
[ad_1] A crypto whale moved 16,950 BNB tokens worth $9.9 million from the Binance exchange only 19 hours ago. The large-scale withdrawal from Binance attracts market interest because investors study both the whale’s strategic approach and its impact on the token’s price. A whale withdrew 16,950 $BNB ($9.9M) from #Binance 19 hours ago.So far the whale has sold 9,550 $BNB for $5.53M $USDC and $USDT and supplied $5.07M on #Aave V3.The whale still holds 7,200 $BNB ($4.16M) and may sell more to supply on #Aave.Address:… pic.twitter.com/CVsXeRHJxM — Onchain Lens (@OnchainLens) April 16, 2025 What’s Happening? As evidence shows, the whale…
[ad_1] A Kenyan court has ruled that Worldcoin must erase biometric data it unlawfully gathered from thousands of citizens, in a major regulatory pushback against the cryptocurrency-linked identity project, local media outlet Citizen Digital reported. The ruling follows mounting concerns over data protection and privacy violations in the firm’s short-lived but controversial operations in the country. World coin Data Breach:Court orders World coin to delete data collected in Kenya Court says data was collected unlawfullyData commissioner will supervise the deletion of data #CitizenBriefs @jimkario pic.twitter.com/e4TLMumqOY — Citizen TV Kenya (@citizentvkenya) May 5, 2025 Deletion of Sensitive Biometric Data The decision…
[ad_1] Bitcoin is nearing a critical price point of $96,000, a resistance level that has repeatedly challenged its upward momentum during the consolidation phase. However, sentiment among analysts remains firmly bullish, fueled by a rapidly expanding global money supply. Crypto analyst Rover stated that “global liquidity is exploding” as the volume of circulating financial capital continues to expand. Digital assets experience increased demand due to rising market liquidity, which in turn boosts Bitcoin prices. The influx of capital into the market creates favorable conditions for Bitcoin to potentially surpass the $96,000 resistance mark during a sustained breakout. Source: X Bitcoin…
[ad_1] Metaplanet, a publicly listed Japanese company, has captured global financial market attention with its bold Bitcoin (BTC) acquisition strategy. Since its first purchase in April 2024, Metaplanet has consistently increased its Bitcoin holdings, while its stock price has surged dramatically, growing more than 15-fold in under a year. Metaplanet’s Journey of Accumulating Bitcoin Most recently, Metaplanet announced the purchase of 555 Bitcoin, bringing its total holdings to 5,555 BTC, with a cumulative acquisition cost of approximately $481.5 million. Not stopping there, the company also issued a $25 million interest-free bond to continue its Bitcoin accumulation efforts. Metaplanet also appointed…
[ad_1] Flamingo Finance has revised its FLM tokenomics documentation to align with the recent launch of FLOCKS, the platform’s dividend-bearing token. The update introduces deflationary elements to Flamingo’s existing inflationary minting structure, including a new buyback-and-burn initiative and the burning of FLM tokens as part of the FLOCKS minting process. Currently, Flamingo users receive newly minted FLM tokens for providing liquidity and holding FLOCKS, which represents a stake in the platform’s revenue-generating activities. While this system maintains an inflationary structure, Flamingo noted that the rate of inflation is decelerating over time. FLOCKS however integrates a direct burn mechanism—each token minted…
[ad_1] Lawyers for Samourai Wallet have accused the prosecution of suppressing critical evidence in its case against the mixing service’s co-founders, calling for a hearing to determine whether the case should now be tossed out in light of the alleged Brady violation. In a Monday court filing, lawyers for Samourai Wallet told Judge Richard Berman of the Southern District of New York (SDNY) that in August 2023 — six months before prosecutors charged Keonne Rodriguez and William Lonergan Hill with one count each of conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business — the…
[ad_1] Bitcoin ($BTC) is seeing a noteworthy rebound in buying interest. As per the data from the prominent CryptoQuant analyst “IT Tech,” the Apparent Demand Indicator of Bitcoin has shown a sheer and influential rebound following an extended phase of pessimism. The crypto analyst provided the detailed information concerning the latest Bitcoin demand. Apparent Demand Indicator: Bitcoin Buying Interest Rebounds Sharply“A strong bounce from extreme negative values (below -200K BTC) suggests that previously dormant capital is rotating back in.” – By @IT_Tech_PL pic.twitter.com/F7pqdAoqml — CryptoQuant.com (@cryptoquant_com) April 26, 2025 Bitcoin’s Apparent Demand Indicator Suggests a Sharp Rebound in Buying Interest…
[ad_1] A Tornado Cash-linked fund was deployed to buy 611 billion PEPE. This buyup can make or mar the memecoin depending on key actions made by the whale. Market data provider Lookonchain has notified the crypto community about a potential hack involving the PEPE memecoin. On Tuesday, Lookonchain spotlighted five wallets possibly linked to a hacker who bought 611 billion PEPE tokens worth $4.28 million. Are Hackers Buying PEPE Tokens? In an X post, Lookonchain explained the situation about the recent PEPE buy. The platform linked the five wallets to a hacker because of an earlier transaction with the notorious…
[ad_1] A discussion draft of the much-talked-about market structure bill that aims to establish a regulatory regime for digital assets in the U.S was published earlier this Monday. After FIT21 faced some criticism for dramatically curbing the regulatory powers of the Securities and Exchange Commission (SEC), the new bill aims to clearly delineate the responsibilities between the SEC and the Commodity Futures Trading Commission (CFTC). The former would deal with cryptocurrency offerings that are deemed to be investment contracts, while the latter would regulate commodities. “Overall, this bill again would make the CFTC the dominant crypto regulator, but still gives…