Author: NBTC
Recent speculation within the XRP community has sparked discussions about a possible SWIFT-XRP integration through EastNets, a SWIFT Certified Service Bureau. In a tweet, prominent XRP community figure WrathofKahneman provided a closer look at the subject. He clarified that while Ripple’s technology is being used within SWIFT-connected platforms, direct XRP integration has not been confirmed. The Origin of the Buzz: EastNets’ PaymentSafe Platform The buzz began with a community post highlighting EastNets’ PaymentSafe platform, which appears to facilitate Ripple-based messaging within SWIFT’s framework. Some reports speculated that this could mean XRP is being processed through SWIFT. However, the actual implementation…
Nigeria continues its legal battle with Binance. The government is seeking the return of British-Kenyan national Nadeem Anjarwalla, who escaped custody in March. Anjarwalla, Binance’s regional manager for Africa, and US citizen Tigran Gambaryan were detained in February 2024. They had travelled to Nigeria to discuss allegations that Binance’s operations had contributed to the depreciation of the naira, Blockhead reported. Nigeria’s Economic and Financial Crimes Commission (EFCC) later charged the exchange and its executives with five counts of money laundering. Anjarwalla fled to Kenya while his UK passport remained in Nigerian custody. Nigeria’s Information Minister, Mohammed Idris, said authorities, along…
Bitcoin’s price performance remains subdued, with the cryptocurrency trading above $97,000 at the time of writing—a roughly 6.5% decline over the past week. The crypto asset has yet to reclaim the $100,000 level it lost earlier this week, leaving market participants uncertain about the near-term direction. Amid this backdrop, one CryptoQuant contributor, known as caueconomy, provided an analysis of a significant development involving Bitcoin’s exchange withdrawals. Largest Exchange Withdrawals Since FTX Collapse In a recent post, caueconomy highlighted the largest volume of exchange withdrawals since the FTX collapse. According to the data, over 47,000 BTC were removed from exchange reserves.…
Data suggests that while the market panicked during the latest XRP dip, whales holding at least 1 million XRP increased in number. 53 More Wallets Holding 1M+ XRP For context, XRP saw a major price drop over the weekend, falling from $3.13 on Friday, Jan. 31, to $2.56 by Sunday, Feb. 2. This decline of 17.9% represented a major correction, with the most severe drop of 10.34% occurring on Feb. 2. This 10.34% crash marked XRP’s largest intraday loss since Dec. 9, 2024, and the largest one so far this year. Despite the panic-driven sell-off, data confirms that large investors…
MovieAI, an AI-driven Web3 cinema, has recently started a strategic collaboration with EMC, a prominent Web3 platform dealing with DePIN and AI. The partnership focuses on advancing the growth in the wider decentralized artificial intelligence (AI) sector. The collaboration leverages the latest GPU computing ecosystems as well as modular public chains of EMC. 📢 Partnership Announcement with @EMCprotocolWe’re excited to partner with Edge Matrix Chain (EMC) — a trailblazing project at the forefront of AI and DePIN, delivering decentralized AI infrastructure powered by GPU computing networks and modular public chains.EMC combines… pic.twitter.com/GQtgKlvQ4D — MovieAI (@MAI_MovieHQ) March 26, 2025 MovieAI and…
As expectations of an altcoin season mount, a new technical analysis of the Bitcoin Dominance (BTC.D) draws striking parallels between the 2021 and 2025 market cycles, aiming to determine whether altcoins are on the brink of another bull run. Historically, Bitcoin Dominance has been a key indicator in predicting the likelihood of an altcoin, as a decline in BTC.D often signals a shift in investors’ focus on alternative cryptocurrencies. Historical Bitcoin Dominance Signal Possible Altcoin Season Crypto analyst Luca on X (formerly Twitter) is questioning whether history is repeating itself as similar past market trends emerge in this current cycle.…
Dave Portnoy, an entrepreneur and owner of Barstool Sports, has made $70,000 off meme coins before dumping them, he said. In a recent video posted on X, he rants about dumping meme coins and people who are dissatisfied with their crypto investments. To all the shitcoiners crying right now. We all know the rules. We’re all trying to make a buck. Nobody is misleading anybody. If you are buying and selling shitcoins you should be prepared to lose your investment. It’s a risk. pic.twitter.com/u240QjlYZx — Dave Portnoy (@stoolpresidente) February 7, 2025 Portnoy revealed that he earlier bought MONTOYA and Josh…
The New York Attorney General’s Office (NYAG) recently announced a $200 million settlement with Galaxy Digital, a prominent crypto investment firm founded by Michael Novogratz. The settlement alleges that the firm promoted LUNA without disclosing its financial interest in the asset, thereby violating the Martin Act and the Executive Law. Galaxy Digital is accused of purchasing LUNA in 2020, promoting it, and then selling its holdings without disclosing its intent to sell, thereby failing to disclose its financial interest in the asset. The office noted in a statement that the crypto firm sold “millions of tokens into the market at…
Bitcoin swung up and down—as usual—over the last week, and while things were looking up midweek, familiar inflation fears helped sink the price by the time Friday rolled around. The coin’s price was recently at $82,480 per coin, according to CoinGecko, after hitting a nearly three-week high of $88,474 on Monday. As of this writing, Bitcoin is now down by almost 2% on the week. Bitcoin’s dip came after the U.S. Commerce Department reported Friday that the core Personal Consumption Expenditures Price Index, or PCE, was up 0.4% in February—its largest monthly increase in over a year. Traders are still…
The following is a guest post from Susannah Evans, IBC Product Lead at Interchain Foundation. The future of the internet is shaping up to be promising, and there is no doubt that blockchain and Web3 technologies have been at the forefront of this innovation, promising decentralization, security, and financial sovereignty. However, despite all its advancements, mass adoption of the technology still remains elusive. The primary culprit? A poor user experience. Even though interoperability protocols have improved significantly, the process of moving assets and interacting across multiple chains still remains too complex for institutional and everyday users. The recent Cross-Chain Interoperability…