Author: NBTC
Large market participants in the crypto industry seem to have capitalized on the recent market dip by snapping up Bitcoin at discounted prices. On-chain data supports the claim, showing that the large players received massive inflows on February 5th. Bitcoin clocked a new all-time high of $109,114 on 20th January 2025. However, the crypto asset has dipped significantly since then. According to data from crypto data aggregator CoinMarketCap, the crypto asset is down 12.39% from its all-time high price and is trading at $95,301 at the time of this publication. Whales accumulate Bitcoin despite the asset’s falling prices The recent…
Three senior leaders at Trump Media & Technology Group have launched a new blank-check company, aiming to acquire a firm in the crypto or related industries. This move comes as the Trump administration looks to influence the sector, according to a registration statement filed with the SEC on Friday. Renatus Tactical Acquisition Corp I, a special purpose acquisition company (SPAC) based in the Cayman Islands, aims to raise at least $179 million through an IPO and private placement. The funds will be used to acquire another business. Renatus Tactical is looking to acquire companies in crypto, blockchain, data security, and…
DeBox, a decentralized exchange which operates without central authority, teams up with Morph Pay, the global consumer layer and distribution hub for builders. The partnership is meant to provide advanced trading features to DeBox users. This collaboration is going to provide solutions to the problems in cryptocurrency payments. Moreover, this partnership will expand the adoption of cryptocurrencies and will make the users of DeBox able to promote and access financial ecosystems. By teaming up with Morph Pay, DeBox users are going to experience seamless payment gateway of Morph Pay. 🚀 Major Announcement! | DeBox 🤝 @MorphLayerWe’re thrilled to announce our…
The Bank of Montreal (BMO), one of Canada’s leading financial institutions with assets exceeding $1 trillion, has recently disclosed its holdings in various Bitcoin ETFs through a filing with the U.S. Securities and Exchange Commission (SEC). This disclosure aligns with regulatory requirements mandating that investment managers with over $100 million in U.S. exchange-traded securities report their holdings quarterly to the SEC. Bank of Montreal Invests More Into Bitcoin ETFs According to the filing, BMO holds positions in several prominent Bitcoin ETFs, including Fidelity’s FBTC, Franklin Templeton’s EZBC, BlackRock’s IBIT, and Grayscale’s GBTC. This move reflects a growing trend among major…
Today, Keeta (KTA) made headlines after a trader earned impressive returns following his acquisition of the asset a few days ago. This gain showcases the interesting yet risky rewards in the rapidly evolving crypto landscape. In the past 6 days, a trader has spent $124,769 $USDC to buy 7.64M $KTA across 3 different wallets.Currently, these $KTA are valued at $1.26M, resulting in a profit of $1.14M.Wallets:– 0x99704f6e29915e80e3f05cbe8f904d1a2d078e38– 0xe2be14a5e05df313c4da1636915d804b98bfe7e3-… pic.twitter.com/7gqun1mGg5 — Onchain Lens (@OnchainLens) March 19, 2025 Trader earns $1.14 million in six days Onchain Lens brought this remarkable trade into the limelight. Six days ago, the trader spent $124,769 USDC…
A bill recently gained clearance in the U.S. state of Utah to create a strategic crypto reserve, and market commentators are speculating on how XRP could qualify for the initiative. Notably, last week, the Utah House of Representatives passed the HB230 bill, which allows the state treasurer to allocate up to 5% of certain public funds to crypto assets. With this clearance, the bill now moves to the Senate for further approval. It would ultimately need the governor’s signature to become law. Asset Investment Eligibility Criteria Meanwhile, the bill sets specific criteria for digital asset investments. In particular, a qualifying…
The Open House Group, a leading real estate company listed on the Tokyo Stock Exchange, has announced that it now accepts XRP, Solana, and Dogecoin for payments. Open House, which added cryptocurrency payments to its accepted payment options in January this year, said it is expanding the offering to include three more crypto tokens. As well as XRP (XRP), Open House customers can now use Solana (SOL) and Dogecoin (DOGE) to handle real estate payments with the firm. With crypto adoption on the rise across the world amid regulatory clarity, Open House says demand for crypto transactions is huge. Given…
A trading card collector found a Bitcoin redemption card valued at more than $100,000 in a $50 pack of cards last month. Purchased online directly from trading card brand Cardsmiths, the Bitcoin card—redeemable for a single BTC, valued as high as $108,786 at one point in January—came from its 2024 Holiday Currency Set, which features festive and crypto related trading cards. Included alongside cards of the Gingerbread Man and Charles Dickens are also crypto redemption cards, which can be found in approximately 1 out of every 96 packs. This one in particular was worth a full Bitcoin. A look at…
The Crypto Fear and Greed Index has climbed 17 points in a day, reaching 49 on Mar. 20, moving from “Fear” to “Neutral” territory. Alternative’s Crypto Fear and Grid index gauges investor sentiment by examining market momentum, volatility, Bitcoin dominance, and social media trends. The shift to neutral sentiment indicates a more balanced view of the market, with investors being neither overly fearful nor excessively greedy Improving sentiment came about as markets reacted positively to the Federal Reserve’s Mar.19 decision to maintain interest rates at 4.25%–4.50%, prolonging its pause on rate cuts due to economic uncertainty. Fed Chair Jerome Powell…
A crypto whale just experienced mixed results after investing $2.54 million into two meme coins named after Binance former CEO Changpeng Zhao’s (CZ) dog, Broccoli. Turns out, it was a bit of a gamble. While one token surged, netting $530.5K in profit (+24.7%), the other tanked, suffering a $302.4K loss (-68.1%). A whale spent $2.54M to buy 2 #memecoins named after CZ’s dog(#Broccoli). Currently, one has a profit of $530.5K(+24.7%), while the other has a loss of $302.4K(-68.1%).https://t.co/OoWJUDaflj pic.twitter.com/pasUjc53If — Lookonchain (@lookonchain) February 14, 2025 This investment spree happened as criticism of CZ’s stance on meme coins grows, sparking a…