Author: NBTC

Market participants have moved a substantial amount of Bitcoin from exchanges since the U.S. election victory of Donald Trump. The crypto market has seen optimism following Donald Trump’s election victory, leading to a rush on crypto assets, particularly Bitcoin. Recent data suggests that the asset’s exchange supply has decreased at an astonishing pace following the U.S. presidential election. Bitcoin Investors Swipe Over 180,000 Coins Investors have taken off a staggering 181,000 BTC, worth nearly $18 billion at current rates, from exchanges in the month since the U.S. elections, according to data from Steno Research senior crypto analyst Mads Eberhardt on…

The price of Ethereum surged to $4,000 once again and it can’t be a coincidence. Just 6 hours before the price surge, two multisign wallets with a common creator address withdrew their first ETH and staked them. Has some new institution started accumulating Ethereum, maybe. Their unrealized profit grew to $517,754 before coming back to $157,570 as ETH price fell to $3,930. The Break down Two multisign wallets 0x23a…dad and 0xc9c…d04 withdrew a total of 4,502 ETH worth $17.54 from Binance. This was the first withdrawal for both the wallets. Interestingly, both these multisign wallets have a common creation wallet…

David Bailey, CEO of BTC Inc. and advisor to President-elect Trump’s campaign, has revealed that four undisclosed nations have agreed to establish strategic bitcoin reserve initiatives, hinting at the future organization of a Bitcoin G7. Strategic Bitcoin Reserve Initiatives Allegedly Approved by Four Nations The rise of bitcoin’s concept as a strategic international reserve asset in the U.S. has prompted talk and speculation on which country will be the first to implement these policies, and which ones will follow. David Bailey, CEO of BTC Inc. and advisor to President-elect Trump’s campaign, has offered some insight on the future of this…

ETH surpasses $4,000, hitting $4,020.67 before consolidating at $3,960.98. The crypto market sees widespread gains, boosting trading volume by 8.26%. Ethereum (ETH) reclaimed the $4,000 mark, reaching a recent high of $4,020.67 before consolidating. Currently, ETH trades at $3,960.98, up 3.07% in the last 24 hours. The market cap surged to $477.1 billion, representing a 3.07% increase. Meanwhile, the 24-hour trading volume spiked 8.26% to $30.34 billion, reflecting growing investor interest. The volume-to-market cap ratio stands at 6.42%, signaling strong liquidity. Ethereum spot ETFs saw record-breaking inflows in the last trading week. The total net inflow hit $855 million, the…

Swell has collaborated with CrossFi Chain to develop an optimized fiat-crypto financial system. CrossFi Chain possesses new-generation blockchain solutions to facilitate worldwide users’ transactions. This collaboration seeks to improve the availability of financial solutions by incorporating the live real-time payment system known as Swell and CrossFi, an avenue for non-custodial payments. CrossFi Chain provides users with a secure, transparent, and efficient method of managing fiat and crypto assets. The platform’s non-custodial system ensures users maintain full control of their funds while accessing modern payment solutions. Swell Innovative Financial Technology for Global Users CrossFi Chain is recognized for its advanced blockchain…

Bitcoin inscriptions project OrdinalsBot has minted what it says is the largest file ever on the oldest and most valuable blockchain: the last in a collection of 1,500 “Pizza Ninjas.” It’s part of a phenomenon in the Bitcoin development community known as “four meggers,” which are files that take up an entire block on the network. They are called four meggers because they are almost 4 megabytes (MB) big (the maximum size of each block of transactions on Bitcoin). Ordinals collectors consider them valuable due to their visibility on the blockchain. “There’s more than just bragging rights behind wanting to…

DO Network has started a strategic partnership with UniLend Finance. The collaboration targets to revolutionize Web3 and DeFi infrastructure with DO Network’s advanced tools and UniLend’s objective to create community-powered on-chain AI agents. The partnership with DO Network unlocks opportunities in crypto, combining expertise, fostering innovation, and driving community ownership. DO Network shares this groundbreaking partnership with the crypto community through its official X account. 🚀 Big news! @DO_Network is partnering with @UniLend_Finance to take web3 to the next level! 🙌UniLend’s is building the future of Web3, enabling the community to create and co-own functional on-chain AI agents, as well…

Whale activity on Ethereum has increased significantly since the end of November. According to on-chain data, ETH addresses with balances above $10,000 have surged significantly since the end of November. Mega-whale addresses have also increased significantly since the beginning of December. Whales have continued to invest in Ethereum as the asset’s prices break the $3,330 mark. ETH exchange-traded funds have also showcased rising interest from institutional investors. Whales stack up on ETH as market value rises above $3,330 Crypto analyst Ali Martinez cited data from Glassnode, which shows that Ethereum’s on-chain whale activity has surged significantly. The number of active…

Shiba Inu enthusiast from Japan, @kuro_9696_9696, has spotted that the pseudonymous SHIB lead developer Shytoshi Kusama has changed his geo location status on X and drew the attention of the community to this fact in his recent X post. Unexpected location shift from Shytoshi Kusama The new location, according to the screenshot that was shared by @kuro_9696_9696 shows that Shytoshi Kusama is currently in Turkey. He even published a tweet stating: “Seni seviyorum Türkiye!” (which translates as “I love you, Turkey”). Shytoshi Kusama’s status in his X bio adds to the intrigue as it says: “Down to ride.” The background…

Bithumb, the second largest exchange in South Korea, announced the listing of Scroll (SCR) and Ronin (RON). Trading for these assets is set to commence on Friday, December 13, 2024, with deposits and withdrawals enabled within three hours of the official announcement. 로닌(#RON) 원화 마켓 추가 안내New Listing : $RON will be added to the KRW market today. For more details 👉 https://t.co/npom2NxmvD#bithumb #Listing #KRWmarket #Ronin@Ronin_Network pic.twitter.com/WunOw9bsj5 — Bithumb (@BithumbOfficial) December 13, 2024 Bithumb Lists Scroll (SCR), Ronin (RON) According to Bithumb’s notice, trading for Scroll (SCR) will begin at 4:00 PM KST, with a base price set at 1,687…