Author: NBTC

TL;DR Jupiter Exchange has launched its Mobile App, designed to facilitate access to Solana (SOL) for both new and experienced cryptocurrency users. The app allows users to easily purchase Solana using various payment methods, such as Apple Pay, credit cards, and PayPal, eliminating barriers for users. It includes an automatic mode that optimizes trading by managing price deviations and fees, as well as a partnership with MoonPay for fast and secure conversion to SOL. Jupiter Exchange has announced the launch of its new mobile application, known as the “Jupiter Mobile App,” designed to facilitate access to and use of Solana,…

MicroStrategy in a latest press release today announced that, on September 19, 2024, it completed its previously announced offering of 0.625% convertible senior notes due 2028. The total amount of notes sold in the offering was $1.01 billion. This includes $135 million of notes issued through an option granted to the initial purchasers. The option was exercised in full on September 18, 2024, and the additional purchase was completed on September 19, 2024. The notes, sold to qualified institutional buyers are senior obligations of MicroStrategy and have an interest rate of 0.625% per year, paid twice a year on March…

Recent data on Shiba Inu (SHIB) holdings reveal a significant concentration of tokens among a small group of large holders. Notably, according to IntoTheBlock’s data, addresses holding between 100 billion and 10 trillion SHIB tokens collectively hold a substantial portion of the token’s circulating supply, with over 668,000 addresses. These clusters currently control 302 trillion SHIB tokens. Essentially, just 668,000 wallets hold the largest supply of Shiba Inu. SHIB Further Distribution of Large SHIB Holders Addresses holding 100 billion to 1 trillion SHIB tokens currently control 173.03 trillion SHIB. This represents a notable increase of 1.01% over the past 30…

As the US presidential election, which is critical for Bitcoin (BTC) and the cryptocurrency market, approaches, Politico says that Robinhood’s general counsel is the leading candidate for the SEC chairmanship if Donald Trump wins the election. Robinhood General Counsel Dan Gallagher has emerged as a leading candidate to head the Securities and Exchange Commission if Donald Trump wins the presidency, Politico said, citing information from former top regulators, lobbyists and securities attorneys. “He would be a natural choice,” one former top SEC official told Politico. Another person who spoke to Politico said it was unclear whether Gallagher would want to…

In an exciting development, Coinbase has announced the addition of USDC on the Sui network to its roadmap. In a tweet, Coinbase announced an update to its roadmap that signifies assets it intends to list, hinting at the addition of USDC on Sui to its roadmap. Coinbase’s decision to list USDC on Sui comes as demand for stablecoins continues to grow, especially in light of the increasing adoption of digital currencies by both retail and institutional investors. Assets added to the roadmap today: USDC on Suihttps://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️ (@CoinbaseAssets) October 8, 2024 The move comes as native USDC…

The crypto market is currently experiencing an impressive surge, with optimism rising among traders as they anticipate favorable conditions stemming from the Federal Reserve’s recent decision to cut interest rates. Santiment reports that this positive sentiment fuels a renewed interest in cryptocurrencies, suggesting that traders are confident in the market’s potential to thrive under the new monetary policy. Analyst Shares Bullish Levels Michaël van de Poppe, a well-known crypto analyst, shares his insights on the crypto market, noting that the Bank of Japan has opted to keep its interest rates steady. This decision, combined with the Fed’s 50 basis point…

INJ 3.0 introduces a 400% increase in token burns, making it one of the most deflationary crypto assets. The real-time adjustment mechanism increases deflation rates as more INJ tokens are staked on-chain. With the release of INJ 3.0, injective has boldly positioned INJ as among the most deflationary assets in the crypto market. The most recent upgrade focuses on accelerating burn mechanism reduction of INJ token circulation. Within the crypto community, this action has attracted a lot of interest, particularly as it promises to change the economics of the Injective ecosystem. Starting this week, INJ 3.0 enters its first phase…

Robinhood’s chief attorney, who once served at the SEC, could lead the regulator if President Donald Trump is re-elected next month. Robinhood Markets’ chief legal officer Dan Gallagher has been mentioned as a leading chair candidate at the U.S. Securities and Exchange Commission should former President Donald Trump win the election in November, Politico reported on Monday, Oct. 10. Gallagher has worked at the SEC before, once as a legal advisor to former SEC Commissioner Paul Atkins and also as an SEC commissioner himself from 2011 to 2015. Gallagher was said to have deployed efforts toward the agency’s enforcement and…

Kraken, one of the leading cryptocurrency exchanges, has listed the cat in a dogs world (MEW) meme coin, according to a Thursday announcement. Despite the listing, the price of MEW has plunged by more than 15% over the past 24 hours, according to CoinGecko data. Cats vs. dogs The Solana-based MEW token was launched back in March 2024 in order to challenge the dominance of canine meme coins. Like the overwhelming majority of other joke cryptocurrencies, it does not have any particular use cases. At press time, MEW is the worst-performing meme coin among those meme coins that have a…

Market analyst Will Clemente reports that there has been a notable increase in trading activity for Bitcoin, with over $1 billion in contracts opened on BTC perpetual futures in the last day alone. The market is clearly showing more interest and positions, but there is growing conjecture that a quick flush and run on the market may be imminent, which could signal short-term volatility before any more gains. According to Clemente’s analysis, there may be a significant pullback because large contract positions frequently result in liquidation spikes in the event that the market reverses. $1 billion in contracts opened on…