Author: NBTC
Spot Bitcoin exchange-traded funds in the United States continued to see net outflows on Feb. 11, as BTC stayed below the $100K mark, briefly dipping under $95K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, extending their negative streak to two consecutive days with $186.28 million in outflows from the funds seen the previous day. Fidelity’s FBTC led the outflows for the second day with $43.63 million leaving the fund. Franklin Templeton’s EZBC, Invesco Galaxy’s BTCO, Bitwise’s BITB and WisdomTree’s BTCW also contributed to the negative momentum with reported outflows…
After Bitcoin and Ethereum, spot ETF applications have been made for many altcoins, including altcoins such as XRP, Litecoin (LTC) and Solana (SOL). According to Bloomberg analysts, the Litecoin ETF has a higher chance of approval than SOL and XRP ETFs, while it is stated that the SEC may announce on February 13 that it is evaluating Garyscale’s spot XRP ETF application. Fox Business reporter Eleanor Terrett said in a post on her X account that based on data from Bloomberg analysts, the SEC could accept Grayscale’s spot XRP ETF application for consideration as early as Thursday, February 13. At…
After nearly four years of intense legal battles, the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. The SEC, which initially filed the lawsuit in December 2020, claiming Ripple’s cryptocurrency XRP was an unregistered security, has now dropped the appeal. Garlinghouse Reflects on the Long Fight In an interview with Bloomberg, CEO Brad Garlinghouse said “This has been a long battle. “But now, there is a lot more certainty for Ripple, and frankly, for me personally, because the SEC had sued me.” He revealed that the SEC has officially abandoned…
CoinPaprika has taken a bold leap to integrate with the SwapSpace widget to transform secure and instant options for crypto trading. The partnership aims to offer users the ability to leverage effortless and instant crypto trading. Through this collaboration, CoinPaprika users can swap cryptocurrencies with minimum effort. They are also allowed to examine multiple exchanges to get real-time rates. ✅Our Widget Integration!@coinpaprika integrates SwapSpace widget for instant, competitive crypto exchange.CoinPaprika users can instantly swap crypto, access real-time rates from multiple exchanges, and seamlessly convert assets across chains & fiat.🔗 READ MORE… pic.twitter.com/HTO07eimyW — SwapSpace (@SwapSpaceCo) March 22, 2025 The participants…
As the total crypto market plunges back to $3.09 trillion, a downfall in Bitcoin shakes the crypto market. Bitcoin registered a drop of 1.76% yesterday, creating a bearish engulfing candle. This puts immense pressure over the altcoin segment and hampers the breakout chances in multiple coins. Currently, Bitcoin is sustaining dominance above its $95,000 support and hints at a potential comeback, despite the short-term bearish signals. BTC Price Analysis Reveals Critical Support Trendline Breakdown In the daily chart, the BTC price trend has created a bearish engulfing candle, undermining Monday’s recovery of 1.03%. As the BTC price fails to sustain…
Decenralized USD (USDD), a stablecoin introduced by Tron’s Justin Sun in 2022, approaches the $200 million milestone in net staking volume. The asset also targets the top 100 cryptocurrencies by market cap and already challenges some stablecoin heavyweights. USDD hits important staking milestone, Justin Sun says Decentralized USD (USDD), a Tron-based stablecoin pegged to the U.S. Dollar, hit the $170 million milestone in net staking volume. It means that over 23% of its total circulating supply is locked in staking dashboards as of February 2025. USDD has already surpassed $170 million in staking—$200 million isn’t far away! 👏 pic.twitter.com/ryZYIKfQIt —…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. When Ripple CEO Brad Garlinghouse shared on the Digital Asset Summit stage that the SEC plans to drop its appeal against Ripple, attendees in North Javits’ main auditorium gave a standing ovation. The SEC’s appeal was one of the remaining major legal cases against a crypto player after the revamped securities regulator dismissed its suit against Coinbase and ended probes into other segment firms. It was “a painful journey,” Garlinghouse noted, spurred by an agency “trying to bully” companies in the segment. “As we said then…I…
Binance is planning on launching trading support for the new native asset of a decentralized network focused on secure data storage. Binance Launchpool, which lets users stake coins to farm new assets, says its 65th project will be Nillion (NIL), a secure computation network that decentralizes trust for high-value and private data. Explains the project, “Nillion is Humanity’s First Blind Computer – a whole new category of decentralized network designed for AI and the future of the Internet. Nillion makes new applications possible by providing storage and computation on high-value, encrypted data without ever seeing it. Whether a user, an…
Not very much is happening these days on the cryptocurrency market as fear, greed, uncertainty and doubt took over and it seems that no concrete direction in which the prices on digital assets tend to lean is here yet. However, the lack of action in the quotes does not mean the absence of activity at all. Thus, things are still happening behind the scenes of the market, in particular in the on-chain realm. This is at least true for popular meme-inspired cryptocurrency Shiba Inu (SHIB), which as matter of fact is still the second biggest meme coin on the market.…
Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. authorities to forfeit $23 million in crypto assets in connection with market manipulation charges. Andriunin’s involvement with Gotbit’s operations caused financial “harm to dispersed market participants” who bought crypto “at fraudulently inflated prices,” court documents cited by Law360 show. The 26-year-old founder of market-making firm Gotbit was extradited to the U.S. in late February after being arrested in Portugal four months earlier. The letter details a plea agreement communicated to both the court and defense counsel outlining provisions allowing either party to withdraw if the court rejects any element.…