Author: NBTC
A long-dormant Ethereum ICO whale transferred 2,000 ETH valued at $5.2 million to the exchange Binance. Ethereum exchange reserves are declining, and netflows remain negative, indicating accumulation. The cup-and-handle pattern is emerging in the ETH chart, and a move above the resistance price of 2,950 may spark a price increase. An Ethereum whale with a long inactivity period has transferred its 2,000 Ether worth more than 5.2 million dollars to Binance, as Onchain Lens data shows. The crypto wallet associated with the ICO of Ethereum kept the tokens for almost 10 years. This #Ethereum ICO participant has moved all its…
The cryptocurrency market experienced a decline this week as US tariffs, which were suspended by Donald Trump, came back into the spotlight. The world’s largest cryptocurrency, Bitcoin, has fallen by 1.87% in the last week. After seeing below $104,000, BTC is trading just above $105,000 at the time of writing, with a slight recovery. However, many economic developments and altcoin events in the new week may affect the cryptocurrency market. Here is the weekly cryptocurrency calendar we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Monday, June 2 LA – Lagrange, airdrop registrations…
The long-running chatter around Ripple quietly using private versions of XRP just hit a hard stop. David Schwartz, Ripple’s CTO and one of the architects of the XRP Ledger stepped in this week to directly address the topic — and with it, ended a thread of speculation that has been circling for years inside the XRP community. It started with a straightforward question on social media: does XRP get burned on private ledgers? The logic behind the question was simple — if XRP is not being burned outside the public ledger, then deflationary pressure must only come from the main…
The EU’s new Markets in Crypto-Assets (MiCA) regulation is facing a significant test as member nations have expressed concern over the potential effect of approvals by relatively small nations. A section of the EU, under the umbrella of the European Securities and Markets Authority (ESMA), is scrutinizing Malta’s rate of issuing operational licenses to crypto companies. MiCA came into effect earlier this year. It is a universal license allowing crypto companies to operate throughout the 27-nation bloc. Hence, once a crypto firm acquires the MiCA license from any of the member nations, it could operate across the entire region without…
Attention, cryptocurrency enthusiasts and users of the Bithumb exchange! A significant announcement has come from the major South Korean crypto exchange, Bithumb, regarding the native token of the NEOPIN platform, NPT. If you hold or trade NPT on Bithumb, this update is crucial for you. What’s Happening with Bithumb NPT Suspension? Bithumb has officially announced a temporary halt to NPT deposits and withdrawals. This measure is directly related to a major operational change concerning the NEOPIN project itself. The suspension is not a reflection of any issues with Bithumb’s platform but is a necessary step to facilitate an external event.…
After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate Drops, Earnings Grow Thinner By early afternoon Thursday, the valuation of bitcoin (BTC) hovered just above the $104,000 threshold. Merely days prior, over the preceding weekend, Bitcoin’s hashrate registered an unprecedented peak of 946 EH/s, as indicated by the seven-day simple moving average (SMA). However, a contraction has been observed since June 14, with the present hashrate now residing at 880 EH/s according to hashrateindex.com stats. This…
The world of decentralized finance (DeFi) and blockchain technology is constantly evolving, pushing the boundaries of what’s possible. A key area gaining significant traction is the tokenization of Real World Assets (RWA). Bringing tangible or traditional financial assets onto the blockchain promises increased liquidity, fractional ownership, and greater transparency. Amidst this innovation, the regulatory landscape, particularly in the United States, remains a critical factor for adoption and growth. This is where projects like the Plume blockchain are stepping in, aiming to bridge the gap between traditional finance and the decentralized future, and their recent activities suggest a significant move into…
Wall Street has now set its sights on altcoins, and inflows could follow if Bitcoin holds above a key level, says MEXC COO. Recent crypto IPOs and treasury announcements highlight growing institutional interest in Bitcoin (BTC). This demand could soon extend to proven, low-volatility altcoins, according to Tracy Jin, COO of MEXC, who spoke with crypto.news. However, such a shift will largely depend on whether Bitcoin maintains strength above a critical threshold. “Capital markets are reopening to digital asset firms with credible models, while financial engineering — like Strategy’s hybrid fixed-income Bitcoin offering — signals a maturing appetite for low-volatility…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If you’d told me last year that the United States Securities and Exchange Commission commissioners would be defending self-custody of assets and talking about innovation sandboxes for DeFi, I would have raised an eyebrow. But here we are. You might also like: DeFi needs a (healthy) dose of paranoia about risk management | Opinion At the SEC’s recent Crypto Task Force roundtable, something unexpected happened. Regulators showed a level of openness that would have sounded impossible even…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. World War II’s outcome was fundamentally determined by access to oil. So depleted was the resource by the final stages of the war that Nazi Germany resorted to extraordinary measures to maintain basic mobility — pulling trucks by oxen, four at a time. The oil situation for the armies of Imperial Japan was equally dire. In Daniel Yergin’s Pulitzer Prize-winning book The Prize, he documented how the Japanese kamikaze suicide pilots would fill their tanks to only halfway since they were not meant to return from their…