Author: NBTC
In an era where bitcoin (BTC) has become synonymous with substantial wealth, tales of its early days evoke both fascination and disbelief. Most are familiar with the now-legendary story of two pizzas purchased for 10,000 BTC—valued today at nearly $1 billion. However, the chronicles of bitcoin’s history are dotted with equally intriguing accounts of individuals spending their coins on items that, with hindsight, seem far less valuable than the treasure they parted with. Tales of Fortunes Traded Over Time As of now, bitcoin (BTC) is holding steady at $97,934 per coin. Just last month, it reached an unprecedented peak of…
Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, has remained one of Bitcoin’s (BTC) most vocal advocates, standing firm in his bullish stance on the leading cryptocurrency. Early last year, he predicted that Bitcoin would surpass $100,000 in 2024, driven by surging demand for Bitcoin exchange-traded funds (ETFs). Looking ahead, he believes pro-crypto policies under the Trump administration could propel Bitcoin to double its value by 2025, further highlighting his confidence in BTC’s long-term potential. While Bitcoin remains Scaramucci’s largest holding, with over 50% of his portfolio allocated to BTC, he has also invested in Solana…
The Graph has announced a strategic collaboration with Lumia. The partnership focuses on advancing data access and user-friendliness within the Lumia network, boosting a more developer-friendly and strong environment for dApps development. The Graph is a decentralized protocol that runs on top of the Ethereum chain, designed for data indexing and querying to make it easier for dApps development. It gathers, organizes, and stores data from other chains, making it easier for users and developers to search for them. Using the Graph allows digital asset and Web3 developers to rapidly access and evaluate data from various blockchain networks, making dApps…
After submitting a formal request to the CFTC, the institutional trading platform Coinbase Derivatives would now be ready to list futures on Solana. The move opens the doors to new speculative opportunities, especially for institutional-type clients, indirectly influencing the SEC’s decision regarding the launch of a spot Solana ETF within the American exchanges. The date for the listing is set for February 18th. Let’s see everything in detail below. Coinbase Derivatives is preparing to list Solana futures after applying to the CFTC at the beginning of the month Coinbase shakes the market: ETF on $SOL coming to Wall Street? Analysis…
The U.S. Securities and Exchange Commission (SEC) acknowledged multiple Solana-based exchange-traded funds (ETF) filings on Tuesday, signaling progress toward potential approval. Several issuers, including 21Shares, Bitwise, Canary Capital, and VanEck, submitted proposed rule change forms through Cboe BZX Exchange to list and trade shares of spot Solana ETFs. SEC Advances Solana ETF Filings The filings mark a significant step forward for Solana-based ETFs, as similar applications had been previously rejected. Tuesday’s developments come after Cboe BZX Exchange initially submitted forms last month for the same issuers. The SEC’s acknowledgment follows a process similar to that seen during the approval of…
Popular football club FC Barcelona is moving to revolutionize fan engagement and create global opportunities through its partnership with Cardano. This collaboration was first announced last year on LinkedIn. However, the initiative did not gain the publicity it deserves until recently after Frederik Gregaard highlighted the partnership today in an X post. According to the post, the partnership is unique as it aims to shape the club’s destiny. Gregaard mentioned that Barcelona stands out as a community-owned club, boasting over 150,000 members (Socis) and more than 1,200 fan clubs (Penyes). Like Barcelona, the Cardano ecosystem is also powered by its…
The new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. He remarked that individuals use these tools for cross-border payments to maintain an “opaque vision for taxation or money laundering.” Central Bank of Brazil States Stablecoin Volumes Linked to Tax Evasion and Money Laundering Gabriel Galipolo, the newly appointed President of the Central Bank of Brazil, disclosed the institution’s vision regarding the country’s huge growth in the use of crypto and stablecoins. Galipolo stated that, according to scrutinized data, more than 90% of the cryptocurrency usage corresponded to…
South Korea’s leading cryptocurrency exchange, Bithumb, is set to list Thena (THE) in its Korean Won (KRW) market, leading Thena to a surge. Bithumb Lists Thena ($THE) According to the announcement, Thena trading on Bithumb will start at 4:00 PM on February 14, 2025. 📢 New Listing 🚀 테나(#THE) 원화 마켓 추가 안내🚀 $THE/KRW will be listed on #bithumb! 🔶 Details : https://t.co/luvCvozjKH #bithumb #THE @ThenaFi_ pic.twitter.com/WyORrgVqjs — Bithumb (@BithumbOfficial) February 14, 2025 Deposits and withdrawals will start within three hours from the posting of the notice. The exchange will only support transactions through the BNB Smart Chain, meaning deposits…
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…