Author: NBTC
Cryptocurrency analysis companies Alphractal and CryptoQuant made important assessments about the current state of Bitcoin. While Alphractal noted the difference in short-term liquidation levels between Bitcoin and Ethereum, CryptoQuant said that whales continued to buy despite the weakness in network activity. In the statement made by Alphractal, it was stated that Bitcoin’s short-term liquidation levels are more pronounced compared to Ethereum. The analysis, which pointed out that Bitcoin accumulated between $ 74,000 and $ 84,000, stated that sudden fluctuations in this $ 10,000 price range could pose a risk for investors. “The $10,000 price swings that may occur in Bitcoin…
With Ripple expected to pay the SEC a fine of $50 million for violating federal securities laws, the company’s CEO, Brad Garlinghouse, suggests that the payment could be in XRP. Garlinghouse made this suggestion during a recent interview on FOX Business’ Claman Countdown, where he provided insights into Ripple’s settlement with the SEC. Ripple Could Pay SEC Fine in XRP During the interview, he revealed how Ripple could pay the agreed $50 million fine to the SEC. Recall that in August 2024, Judge Analisa Torres ordered Ripple to pay $125 million as fine for offering XRP to institutional clients without…
Cryptocurrency mogul Mike Novogratz, who boasts a net worth of $2.7 billion, has predicted that Bitcoin (BTC) is “about to have a run.” “While it’s traded like it was part of the MAG8 this year, feels to me that it’s about to have a run,” the 60-year investor said on the X social media network earlier today. Bitcoin has surged by more than 5% over the past 24 hours, recovering together with U.S. stocks. It is currently trading at $83,802, CoinGecko data shows. The cryptocurrency is seemingly on track to end the topsy-turvy week on a high note after plunging…
St. Louis Federal Reserve Bank President Alberto Musalem warned on Friday that there was a growing risk that inflation could accelerate even as the labor market showed signs of softening. Speaking at an event in Hot Springs, Arkansas, Musalem warned that recent economic and policy developments, including trade and fiscal changes, could lead to a dual challenge of rising prices and weakening employment. That risk, once seen as a less likely outcome, is now “closer to the bottom line,” he said. “Uncertainty about the net impact and timing of new trade, immigration, fiscal and regulatory policies on prices, employment and…
VeChain, one of the most dynamic entities in the blockchain world, has announced a new and significant collaboration with Stella Pay, leading to the launch of an innovative Visa card. This initiative will allow users of the VeBetterDAO platform to use their digital tokens, $B3TR, $VET, and $VTHO, to make purchases in millions of physical and online stores worldwide. The integration marks a decisive step towards large-scale adoption of blockchain technology, transforming digital tokens into useful tools for everyday life. VeChain x Stella Pay: crypto payments everywhere thanks to the new Visa card How to obtain the Stella Pay Visa…
Representatives from Binance, the world’s largest cryptocurrency exchange, met with U.S. Treasury officials to seek the removal of a court-appointed monitor overseeing its compliance with anti-money-laundering laws. Simultaneously, the company has been in discussions to partner with a Trump family-backed cryptocurrency initiative, marking a notable alignment between the embattled crypto exchange and the former president’s inner circle. The discussions, confirmed by individuals familiar with the matter, signal Binance’s effort to regain traction in the U.S. market following its $4.3 billion settlement with federal regulators in 2023 for facilitating illicit financial activity. Binance pushes to end U.S. oversight as Trump family…
Cryptocurrency analysis company CryptoQuant drew attention to whale behavior in its latest assessment of Bitcoin. The company argued that the current price movements are a correction within the long-term uptrend, noting that large investors (whales) have not yet exited the market. The company’s analysis included the following statements: “BTC whales have not yet exited. These whales represent addresses that most accurately reflect actual trading behavior, excluding entities such as mining pools, exchanges, etc. Historically, this metric has shown a strong correlation with price movements.” CryptoQuant noted that if whales had exited the market at last year’s peak, the price would…
The tokenization of real-world assets (RWAs) is accelerating a fundamental shift in global finance, with blockchain-based U.S. Treasuries, equities, commodities, and private credit poised for exponential growth this year, according to a report by market maker Keyrock and tokenization platform Centrifuge. Keyrock and Centrifuge Analysis: Tokenized RWAs Could Capture 10% of Stablecoin Market by Year’s End Tokenized U.S. Treasuries have surged 415% year-over-year, driven by yield-seeking stablecoin holders and institutional adoption, the two firms report. Keyrock and Centrifuge project that this sector could reach $28 billion if tokenized products capture 10% of the $210 billion stablecoin market. “We expect tokenized…
The CEO of Ripple’s major partner in Japan, financial behemoth SBI Group, Yoshitaka Kitao, has published a tweet, endorsing Ripple’s new press release about the rapid expansion of the market for tokenized financial assets. Over the next eight years, Ripple expects this space to spike to almost $19 trillion in volume. Ripple’s vision of future RWA tokenization Ripple giant seems to have enormous plans for the market of real-world asset tokenization, as it expects it to boost from the current market value to $6 trillion this year and soar much higher over the next eight years. By 2033, this market…
Financial markets shimmered with cautious optimism as U.S. equities closed positively Friday, with the Nasdaq Composite rising 2.06% and the digital asset sector vaulting 3.72% to a $2.63 trillion valuation. Publicly listed bitcoin miners likewise enjoyed a rebound, as nine of the top twelve leading firms by market capitalization advanced. Publicly Traded Bitcoin Miners Pop Friday—But YTD Losses Still Cut Deep Publicly traded bitcoin miners closed the week on an upward trajectory, with a dominant share of these firms posting positive returns following a volatile stretch. After consecutive declines spurred by U.S. President Trump’s tariffs, the Nasdaq climbed 2.06%, the…