Author: NBTC
According to data provided by the public on-chain SHIB tracker Shibburn, during the past day, one of the key Shiba Inu metrics has spiked, showing four-digit growth. This increase was followed by the removal of a substantial amount of meme coins as they got permanently pushed out of the circulating supply. This coincided with a large SHIB price upward movement as it surged by roughly 10% overnight. SHIB burn rate jumps 2,133% Shibburn, which gains burn transaction data on Etherscan and then brings it for the SHIB army on its website and X account, has revealed that during the last…
John Reed Stark, former director of the SEC Internet Enforcement Office, believes that the agency will pause the Ripple appeal soon. “Expect all crypto-related appeals, including the appeal of the Ripple matter, to pause or even more likely, to be fully withdrawn,” he said. This comes after the SEC has seemingly halted the Coinbase case. Recently, the SEC told the Second Circuit that its newly formed crypto task force may help resolve its enforcement case against the leading US cryptocurrency exchange. Earlier this February, the SEC also requested a two-month pause in the Binance case. The drastic changes are taking…
Bitcoin’s price action near $93,500 hints at potential short-term bearish momentum; key levels to watch for breakout. Skew analysis shows volatility rising, with critical levels like $92,500 and $98,188 determining the next market move. Moustache predicts a bullish breakout by late 2024, possibly triggering an Altcoin Season amid global economic shifts. Bitcoin’s (BTC) price action has been caught in a volatile range as it hovers around key levels, presenting potential trading opportunities. On the 4-hour chart, BTC is priced around $93,579, slightly below the Weekly and Daily Open levels. This position could signal a short-term bearish bias. The price fluctuates…
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives? Russia Calls SWIFT Obsolete—Is Crypto the Key to the New Financial Order? Russia claims that it has the technical ability to reconnect to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) if necessary, but officials are questioning its relevance in the evolving financial landscape. Anatoly Aksakov, head of the State Duma Committee on Financial Markets, told Tass that Russia’s financial infrastructure is fully prepared. “I think that [connection to] SWIFT is generally not a problem,…
Halo, an AI-focused social monetization platform, has recently announced an exclusive strategy to innovate its native token $HLO. As per Halo, the platform is going to improving token burn, buyback fund, and IDO allocations to boost its long-term stability. The platform disclosed this development on its official social account on X. 🚨 Game-Changing Updates for $HLO 🚨As we plan our TGE, we realized that a conventional listing strategy may not align with the values of a community-driven project like Halo. Our focus is on what’s best for our community and ensuring the long-term performance of $HLO.To… pic.twitter.com/YQfWedGkSP — Halo |…
Cardano founder Charles Hoskinson expresses enthusiasm after the Department of Government Efficiency (DOGE) launches an investigation into the SEC. In a tweet on Monday, the Department of Government Efficiency, spearheaded by Elon Musk, suggested it was investigating the SEC to potentially reveal waste, fraud, and abuse within the securities agency. The move follows DOGE’s creation of multiple X accounts for federal agencies, including the SEC and the IRS. Notably, the SEC-focused DOGE account called for public assistance in unraveling misconduct at the agency, particularly those related to waste, abuse, and fraud. It asked the public to send direct messages on…
Main Takeaways Binance has again showcased its position as the leading cryptocurrency platform, earning the prestigious “Best Crypto App” title at the Sensor Tower APAC Awards 2024. As the only crypto app recognized in this category, Binance’s exceptional performance, industry leadership, and commitment to making crypto accessible to millions of users worldwide. Annually, the Sensor Tower APAC Awards celebrate the most influential and high-performing apps and games in the region. These rankings are based on key metrics such as downloads, in-app purchase (IAP) revenue, active users, user reviews, ratings, and overall industry impact, making this recognition a true reflection of…
The moment Bitcoiners around the world have been waiting for is finally here: Bitcoin has hit the monumental $100,000 mark, and Michael Saylor is throwing the Party of the Century to celebrate! What started as a dream and a meme has now become a reality, as Michael Saylor, a legendary advocate for Bitcoin and Executive Chairman of MicroStrategy, is hosting the most epic New Year’s Eve celebration to mark this historic occasion. Bitcoin Magazine is thrilled to announce that we are streaming live from the event in Miami Beach, bringing the excitement of Saylor’s $100K Bitcoin party straight to your…
Rebound anticipation builds as Ethereum outpaces altcoins, with exchange supply dropping to its lowest level since its inception. Ethereum has experienced notable price fluctuations, moving within the $2,600 to $2,800 range. Data from CoinGecko shows a 1.0% decline over the past 24 hours, aligning with a broader 19.3% decrease over the last 30 days. Despite this downward trend, recent market indicators suggest Ethereum may be showing early signs of a potential rebound. Exchange Outflows and Social Dominance Market intelligence platform Santiment has highlighted key movements within Ethereum’s ecosystem. The platform reports that Ethereum’s market value has rebounded to $2,745, surpassing…
A $4.7 trillion black hole in US government spending just got exposed. Elon Musk’s Department of Government Efficiency (D.O.G.E) discovered that nearly five trillion dollars in Treasury payments had been processed without a mandatory identification code today, making the money nearly impossible to track. The issue? The Treasury Access Symbol (TAS)—a required code that links federal payments to budget line items—was optional for years. According to D.O.G.E, billions of dollars were flowing unchecked, leaving little to no trail on where the money actually went. As of Saturday, the TAS field is now mandatory. “In the Federal Government, the TAS field…