Author: NBTC
Plasma, a crypto startup building a Bitcoin-based blockchain designed specifically for stablecoins, raised $20 million to further its development, the company said on Thursday. The fundraising round was led by Framework Ventures and will support Plasma’s testnet and mainnet launches, as well as its expansion into remittances, payments and DeFi applications, the team said. The investment followed a $4 million round with early backers including Bitfinex, stablecoin issuer Tether’s CEO Paolo Ardoino, venture capitalist Peter Thiel and prominent crypto traders Cobie and Zaheer Ebtikar, also known as Split Capital. Stablecoins have become a dominant force in crypto surpassing $220 billion…
A cryptocurrency whale has made waves in the market by liquidating their entire holding of 25.69 million $swarms tokens. Over a 10-hour period, the trades generated 44,932 $SOL, valued at approximately $8.82 million. The well-planned liquidation strategy brought in a staggering profit of 42,872 $SOL, equivalent to $8.42 million. This bold exit strategy has captured the attention of the cryptocurrency community, sparking discussions about the whale’s methods and the future of $swarms. The liquidation was executed with precision, as the whale leveraged a series of limit orders to sell off the $swarms tokens. The transactions were methodically spaced over a…
Russia’s communications watchdog Roskomnadzor has blocked access to the country’s largest crypto aggregator platform. The Russian telecoms watchdog Roskomnadzor has blocked access to BestChange, one of the largest crypto over-the-counter aggregators in Eastern Europe and Russia. As of press time, the regulator hasn’t explained the reason, though the website is on the list of blocked platforms. BestChange shown in the list of banned websites | Source: Roskomnadzor A spokesperson for BestChange said the platform’s lawyers “already working on unblocking [access to] the website,” though they did not disclose the reason behind the ban. Founded in 2007, BestChange is one of…
Binance has announced the launch of Pepe (PEPE) as the 6th project in the BNSOL Super Stake, allowing users to earn additional PEPE rewards by holding or staking BNSOL. Binance Introduces Pepe (PEPE) on BNSOL Super Stake with APR Boost Airdrop Rewards The initiative aims to provide users with higher APR earnings through a special airdrop event in collaboration with Binance Token Partner Pepe (PEPE), a memecoin based on the popular “Pepe the Frog” character. How to Earn PEPE APR Boost Airdrop Rewards Users who hold BNSOL or stake SOL in their Binance accounts or Binance Wallets between February 17,…
Michael Saylor, Chairman of MicroStrategy and a prominent Bitcoin advocate, has reiterated his intention to destroy Bitcoin keys following his death. In a recent interview, Saylor described the action as a way to benefit all Bitcoin holders, describing it as a “proportional donation to everyone in the world who owns Bitcoin.” Saylor elaborated on his philosophy, highlighting Bitcoin’s unique qualities. “If you accumulate a lot of wealth in Bitcoin and then burn the keys when you leave, you’ve given everyone else in the world who owns Bitcoin a proportional contribution based on their contributions and their knowledge of Bitcoin,” he…
Self-proclaimed ‘crypto president’ Donald Trump is forcing corporate America to face the Bitcoin question, whether companies are ready or not. Last week, David Sacks, Trump’s newly appointed White House crypto and AI czar, stood before reporters at his first press conference straight from the Oval and laid out Washington’s new crypto agenda. In an interview with CNBC, Sacks confirmed that the administration is actively evaluating the feasibility of a national strategic Bitcoin reserve, which is a really big deal. So we couldn’t help but wonder: Will corporate America finally actually put BTC on its balance sheets? Nearly eighty public companies…
The Shiba Inu ecosystem has been generating significant buzz this week as the launch of the Treat token approaches. According to an official update on Treat’s X account, the token will debut on January 14. This announcement has sparked excitement within the community, with market participants speculating on potential price gains for SHIB, the flagship cryptocurrency of the ecosystem. As of today, there are just 5 days remaining until the Treat token goes live. Mark your calendars, it’s going to be legendary Just 10 days left until $TREAT takes center stage! pic.twitter.com/oFws2veIJ9 — Treat (@treatsforShib) January 5, 2025 The Role…
Japan’s financial watchdog has begun closed-door discussions on revising crypto regulations, including their potential classification as securities. Japan‘s Financial Services Agency is considering classifying cryptocurrencies as financial products similar to securities, Yahoo Japan reports, citing Japanese news outlets. The agency has begun closed-door discussions with experts to review existing regulations. The FSA reportedly plans to announce a policy direction by June. It will then seek opinions from the Financial System Council, which will meet in the fall. A legal amendment could be submitted in 2026, though exact timeframe remains to be seen. If cryptocurrencies are treated as securities, it might…
Binance has announced changes to how it shares token information, adding unlock schedules for more transparency. In a blog post, Binance has announced that starting Feb 14, it will add token unlock schedules to its market capitalization and circulating supply statistics. This move is part of a revision to its token information-sharing policy geared to help users make more educated trading decisions. The new framework will provide users with a clearer and more trustworthy view of token unlock occurrences. In the past, the number of tokens in the market was referred to as circulating supply, and Binance determined market capitalization…
Bitcoin’s price action is once again encountering a formidable challenge as it approaches the psychological resistance level of $100,000. Recent data reveals a significant supply wall between $98,000 and $100,000, posing a potential barrier to the cryptocurrency’s upward momentum. This key price zone has become a battleground, with sellers stepping in to prevent Bitcoin from surpassing this crucial threshold. #Bitcoin $BTC faces a stiff supply wall between $98,000 and $100,000 that is currently acting as resistance! pic.twitter.com/GrDNNATLgT — Ali (@ali_charts) January 4, 2025 According to crypto analyst Ali Martinez,on-chain data, a concentrated cluster of sell orders has formed in the…