Author: NBTC
Since the election, Ripple has been making progress, but its journey is far from typical. As the SEC v. Ripple case continues, it presents both challenges and opportunities, particularly for the broader cryptocurrency market. The Ripple Effect on Altcoins Ripple has been at the center of attention due to its ongoing legal battle with the SEC. The SEC’s pursuit of Ripple has raised questions about the regulatory treatment of other cryptocurrencies, especially altcoins. While Ripple has borne the brunt of the SEC’s crackdown, its potential victory could set a precedent for other tokens. However, the excitement surrounding Ripple’s legal progress…
It is not every day you see a billion dollars on the move, especially in the form of USDT, but here we are – 1,000,000,000 USDT, to be exact, freshly minted and sent from the Tether Treasury to HTX, the major Asian crypto exchange formerly known as Huobi. The transaction, flagged by Whale Alert, is one of those moments that makes you stop and wonder what is cooking behind the scenes, especially when you consider who is involved and what has been happening lately. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 1,000,000,000 #USDT (1,000,934,000 USD) transferred from…
A closely followed crypto analyst says one key metric indicates Bitcoin (BTC) may have a hard time breaking out anytime soon. In a new thread, crypto trader Justin Bennett tells his 115,800 followers on the social media platform X that the Tether dominance chart (USDT.D) is flashing bearish for Bitcoin. Many traders closely watch the USDT.D chart as it shows how much of the crypto market cap is comprised of the stablecoin USDT. A bullish USDT.D chart is generally considered bearish for Bitcoin and other cryptocurrencies as it indicates traders are unloading their crypto holdings in favor of the stablecoin.…
Ether’s (ETH) structural decline is expected to continue, investment bank Standard Chartered (STAN) said in a research report Monday slashing its 2025 year-end price target for the world’s second largest cryptocurrency. Standard Chartered said it now sees ether at $4,000 at the end of the year, down from $10,000 previously. Ether was trading around $1,903 at publication time. “Ether is at a crossroads,” the report said, and while it “still dominates on several metrics,” this dominance has been falling for some time. Layer 2 blockchains were meant to improve scalability on the Ethereum blockchain, but Standard Chartered estimates that Coinbase’s…
Prominent crypto exchange Bitrue recently took to X to inform the crypto community that significant developments are happening within the XRP ecosystem. “If you pay attention, there’s a lot going on for XRP,” it tweeted. The post quickly gained substantial engagement. It sparked discussions about the developments shaping the XRP landscape, which are even influencing the token’s price. Many users in the comments section are seeking clarification about the ongoing developments for XRP. One commenter even noted that if just half of the anticipated outcomes for XRP come to fruition, those who got in early will look like geniuses. 6…
David Sacks, the White House’s point person on cryptocurrency, has taken to social media to directly address recent media reports about his decision to liquidate his cryptocurrency holdings before joining the Trump administration. Sacks expressed his strong disapproval of how his divestment was portrayed, particularly objecting to the use of the word “dump.” Sacks used social media platform X to convey his frustration with the media’s description of his asset liquidation. In his statement, he made it clear that he did not “dump” his cryptocurrency. Instead, he emphasized that he “divested” his holdings to comply with mandatory government ethics regulations.…
Bitget Wallet Swap has unveiled its latest upgrade, Super DEX. The upgrade integrates smart trading tools, updated security and support for more than 130 blockchains. According to a press release sent to crypto.news, the non-custodial wallet has officially launched Super DEX on March 19 to accommodate for the growing demand for decentralized trading. The new upgrade grants users instant trading at twice the speed of a standard transaction, allowing them to keep up with the rapid changes in the market. Super DEX aggregates liquidity from hundreds of DEXs including Uniswap (UNI), PancakeSwap (CAKE), and Jupiter (JUP). The upgrade launch comes…
U.S. miners reached a new high in Bitcoin hashrate control at 30%. Their increased share could shift Bitcoin’s network dynamics. This rising dominance may impact the decentralization of Bitcoin. In a historic first, U.S.-listed Bitcoin miners now dominate a record-shattering 30% of Bitcoin’s network hashrate. This represents an 800-basis point rise since the Halving, which requires covering a dominant position for miners in the world of Bitcoin. This soaring dominion in hashrate may mean the future operation of Bitcoin and performance impact invariably concerning altcoins. As US-listed miners expand their share, they may under scrutiny for possibly such a trend…
Georgia proposes a bill allowing the state treasurer to invest in Bitcoin to diversify public funds. The bill aims to use Bitcoin as a hedge against inflation, with strict regulations for risk management. Georgia has introduced a bill that would authorize the state treasurer to invest public funds in Bitcoin. Many parties were quickly drawn to this action as, up to now, Bitcoin has been more recognized as a speculative asset than a state investment tool. Once regarded as ‘digital gold’ for young techies, Bitcoin is beginning to find its way into government coffers. This measure intends to diversify Georgia’s…
User activity on the Ethereum network has continued to decline, signaling weakening demand for the Layer-1 (L1) blockchain. On Sunday, daily active addresses and new wallet creations fell to their lowest levels of the year, highlighting a steep drop in on-chain engagement. Ethereum Network Activity Crashes to YTD Lows as Inflation Risks Grow According to Glassnode, the daily count of active addresses involved in ETH transactions plunged to a year-to-date low of 361,078 on Sunday. ETH Number of Active Addresses. Source: Glassnode This drop signals declining user engagement and reduced on-chain activity. It often leads to lower transaction fees, decreasing…