Author: NBTC

Trading firm Wintermute has sold its entire Bitcoin (BTC) holdings as the cryptocurrency dropped below $90,000. The liquidation coincides with a broader market decline, with Bitcoin falling 7.82% to $88,020.00. This move follows a pattern of strategic selling by the market maker, which currently manages $628.44 million across multiple assets, including substantial positions in Solana (SOL) and stablecoins. The timing of Wintermute’s exit from Bitcoin raises questions about market sentiment and potential advance knowledge of price movements. Witntermute’s strategic selling Arkham Intelligence data reveals a bold pattern of market timing by Wintermute, with the firm consistently exiting Bitcoin positions ahead…

Ripple USD (RLUSD) has recorded a massive 327% leap in volume despite the broader cryptocurrency market downturn. CoinMarketCap data reveals that the stablecoin has also experienced relative price stability in the last 24 hours. European demand fuels RLUSD surge Notably, the 327% surge in trading volume places RLUSD at $203.22 million in dollar terms. The data shows that this spike in volume was largely driven by the Bitstamp exchange via the RLUSD/EUR and RLUSD/USD pairs. This suggests that European users of RLUSD might primarily drive the current market surge. The development is significant considering that Ripple halted stablecoin minting over…

Binance has announced that it will end the RedStone (RED) presale and officially list the token for spot trading on March 6, 2025 at 4:00 PM ET. Binance to End RedStone (RED) Presale and List as Seed Tagged Token on March 6 Basic Details of Listing Pre-Market Trading Ends: March 6, 2025, 12:00 Spot Trading Opens: March 6, 2025, 16:00 Available Trading Pairs: RED/BTC, RED/USDT, RED/USDC, RED/FDUSD and RED/TRY Deposits: March 6, 2025, 13:00 Withdrawals: March 7, 2025, 16:00 Transfer Function Continues: Before 13:00 on March 6, 2025 Listing Fee: 0 BNB Network: Ethereum (Contract Address: 0xc43C6bfeDA065fE2c4c11765Bf838789bd0BB5dE) Trading Considerations &…

CoinRank, a well-known platform for crypto analytics, is excited to announce its strategic partnership with Net3 to revolutionize the landscape of digital communication. This alliance aims to provide secure, cost-efficient, and accelerated data transmission by utilizing the groundbreaking technology of Net3. Net3 is a leading innovator and infrastructure for privacy communication. 📢 Big news! @CoinRank_io is teaming up with @net3org! ⚡👉 Net3 is building the third generation of privacy communication infrastructure with groundbreaking efficiency. Their innovative protocol delivers network acceleration and data protection at unprecedented… pic.twitter.com/Mi1B5jY6oD — CoinRank (@CoinRank_io) March 3, 2025 CoinRank and Net3 to Transform the Future of…

The last four times Michael Saylor announced a corporate bitcoin (BTC) purchase at Strategy, his stock price declined. In previous years, the market has generally reacted positively to his tweets. Although the company’s average cost basis per bitcoin is $66,357 — still well below current prices — Strategy (formerly MicroStrategy) has lost money on each of the company’s last 13 purchases. Depending on how one prefers to calculate the price of Strategy stock (MSTR) as of its November 11 announcement that coincided with a major price gap, it’s certainly true that it’s also lower than all 13 of its latest…

Ethereum saw significant activities with transactions on Coinbase Prime and staking at Lido by President Trump’s, World Liberty Finance (WLFi), operations. Over the last week, a steady inflow of ETH, climaxing in large transfers totaling approximately $260 Million. WLFi Making Big Moves To break it down, recent transactions highlight a direct transfer of $200 Million worth of Ethereum to Coinbase Prime. Concurrently, an additional $60 Million in Ethereum has been staked with Lido, demonstrating a strategic diversification and securing of assets within blockchain finance. The consistent rise in Ethereum holdings from 500 ETH to over 2,000 ETH in just a…

Robert Doyle, the founder of Cryptonairz and known as Crypto Sensei, has shared a detailed analysis on how much XRP an individual would need to retire comfortably. In a recent video, Doyle examined the economics of XRP, looking at its circulating supply and potential price growth. He also explored the future impact of staking and token lockups. Using these factors, he provided key insights that could help XRP holders plan for retirement. Key to Price Growth: Reducing XRP Circulating Supply Currently, the circulating supply of XRP stands at 58 billion tokens. However, Doyle emphasizes that XRP’s supply must decrease to…

Crypto bank Sygnum has expanded its custody platform to include the world’s leading options exchange Deribit. Sygnum and Deribit are now leveraging crypto custodian Fireblocks’ “Off Exchange” service, which allows traders to essentially “mirror” their assets held in custody on a trading platform. This will allow traders to hold their assets in a regulated bank while continuing to access the deep liquidity of Deribit, according to an announcement shared with CoinDesk on Wednesday. Traders received an unwelcome reminder of the dangers in keeping their assets on an exchange last month with the $1.4 billion hack of Bybit by North Korean…

Vestate, an artificial intelligence real estate marketplace platform, has integrated with UniLend Finance, an organization that provides decentralized finance applications. In this partnership, both organizations seek to incorporate Artificial Intelligence (AI) and blockchain into the real estate industry, to provide better financial products and decentralised ownership. UniLend Finance functions as an unregulated money market where users can lend money and borrow funds while generating operational AI on-chain agents. Join us in welcoming @VestateFund to our ecosystem!🎊🏙️Vestate is an AI-powered proptech platform that bridges the gap between traditional real estate practices and the innovative world of blockchain.🤝 By collaborating, we’ll explore…

Cryptocurrency analytics firm Alphractal has issued a critical assessment of Bitcoin’s price action, warning that BTC is at a decisive level. According to the firm, Bitcoin needs to hold onto support above $88,000 to avoid a steeper drop. At the time of writing, the BTC price is trading around $87,000. Alpha Price models from Alphractal show potential downside targets of $76,000 and $66,000 if Bitcoin fails to hold above these key levels. Despite this bearish sentiment, the firm notes that the market remains focused on external news, such as MicroStrategy’s $2 billion Bitcoin purchase and the Bybit hacker incident, while…