Author: NBTC
Amid ongoing market uncertainty, crypto whales appear uneasy holding assets, as evidenced by their recent actions. On February 14, 2025, blockchain transaction tracker Lookonchain shared a post on X (formerly Twitter) revealing that a giant whale had dumped 20,000 Ethereum (ETH), worth $52.84 million, to the Kraken cryptocurrency exchange. Whale Dumps 20,000 Ethereum (ETH) With this dump, the whale currently holds 50,874 ETH worth $134.80 million. However, looking at the post, it appears that this is not the first time this whale has dumped ETH. The most recent dump was noted on January 16, 2025, when Kraken witnessed a sale…
Today, Sora Ventures and its affiliates assumed board control of Bitcoin-focused HK Asia Holdings following the filing of director appointments. Effective Feb. 12, 2025, the filing marks a transition from holding a stake to assuming management responsibilities in the Hong Kong-based list company. The new board comprises twelve directors, with roles spanning executive, non-executive, and independent non-executive positions. The filing lists David Bailey and John Riggins of Bitcoin Magazine owner BTC Inc., Jason Fang from Sora Ventures, Siu Muk Lung (Chairman), Chung Chi Fai, and Mary Wong serving as executive directors. The board structure incorporates four committees—audit, remuneration, nomination, and…
XRP community commentators, including top U.S. attorney John Deaton, discuss the potential valuation for Ripple following its IPO. Notably, Ripple is again at the center of growing speculation about its potential valuation if it goes public. This speculation follows Donald Trump’s victory in the November 2024 U.S. presidential election and the anticipated resignation of SEC Chair Gary Gensler, known for his aggressive stance on crypto. Ripple’s CEO, Brad Garlinghouse, has hinted that the company could reconsider an IPO, a prospect previously dismissed due to regulatory pressures. Ripple Valuation Speculation Nietzbux, a prominent XRP community commentator, recently presented a valuation model…
The Binance cryptocurrency exchange has conducted massive crypto sales this year. Binance’s actions and the nature of the sales suggest the exchange is quietly paying its DOJ $4.3 billion fine. The DOJ fined Binance for breaking the law and not complying with the procedure set out by the US. Have #Binance paid their DOJ $4.3b fine by selling and moving crypto to #Coinbase? #Binance owed the US DOJ $4.3b in fines and had to pay in “forfeited property” by March 2025. (16 days)Based on their Proof of Reserves from Jan 1 2025 to Feb 1 2025 their balances of $BTC,……
Valentine’s Day is a good reminder of how crypto and blockchain are being used innovatively to nurture romantic relationships. As Web3 continues to break new ground, dating in the digital age is also transforming. BeInCrypto spoke with experts from Metya and Social Discovery Group (SDG) to understand the development of immersive digital environments and how they drive the future of online relationships. Loneliness in the Digital Age Scientific studies have proven that strong social connections can lead to a longer life span, better health, and improved well-being. Despite this, a Statista survey revealed that 33% of adults worldwide experience feelings…
While there is still no formation of a bearish trend in the BTC market, the digital asset is struggling to break above $100,000. Data according to CryptoQuant shows a decreasing STH SOPR, a significant on-chain data measuring BTC transactions’ profitability. As per the metrics, the declining STH SOPR signals that Bitcoin is preparing for a deeper correction or a period of wider consolidation. This implies that the crypto may not be ready to experience an immediate bullish recovery anytime soon. Bitcoin supply dynamics“STH SOPR is declining, which could hinder an immediate bullish recovery. In the short term, a period of…
Ozean is excited to announce its Port launch, manufactured to address the issues of accessibility and liquidity faced by the real-world asset (RWA) sector. This Port aims to merge yield-bearing and liquid assets such as U.S. Treasury bills including traditional illiquid RWAs. In this way, Port provides ETF exposure to traders, offering the flexibility of DeFi. 🚢 Introducing Port: The First RWA Exchange-Traded Pool by Ozean 🌊Liquidity. Accessibility. Diversification.Port is the first on-chain vault infrastructure designed to solve the biggest challenges in RWAs.By pooling illiquid RWAs with liquid, yield-bearing assets like U.S.… pic.twitter.com/XKYOJjSB19 — Clearpool (launching Ozean🌊) (@ClearpoolFin) February 13,…
Ethereum developers have finalized the schedule for upcoming network upgrades. Major changes are set to take place on the 24th of February, March 5, and April 8. Key decisions were finalized during the recent All Core Developers Execution (ACDE) Call 205, held on February 13, 2025. The bi-weekly Zoom meeting discussions were led by Ethereum Foundation (EF) Protocol Support Lead Tim Beiko. Developers confirmed that the Pectra upgrade would be activated on the Holesky testnet on Feb 24. Afterwards the Sepolia testnet will go up on March 5. If both rollouts proceed smoothly, Ethereum’s mainnet will receive the upgrade around…
In a recently published tweet, Ripple president Monica Long has talked about Ripple’s recent hot new thing RLUSD after talking to Bloomberg Crypto about it the other day. She also mentioned XRP when discussing Ripple USD (RLUSD) use cases. In the meantime, RLUSD has been listed by major Europe-based exchange Bitstamp and several trading pairs with it have been added. RLUSD use cases to get even more robust per Long Monica Long, the president of Ripple, shared a video excerpt from her recent interview with Bloomberg. She stated that she had kicked off 2025 talking about one of her “new…
Chainlink introduces a multi-model AI strategy using systems like OpenAI, Google, and Anthropic to reduce AI hallucinations in financial data processing significantly. By employing blockchain and a decentralized oracle network, Chainlink aims to establish a secure, transparent, and unified ‘golden record’ for verified financial information. Chainlink has introduced a bold new strategy to tackle a major problem in artificial intelligence—AI hallucinations. When large language models (LLMs) misinterpret or fabricate data, the consequences can be costly, especially in finance. Instead of depending on a single AI model, Chainlink is using a multi-model approach, tapping into AI systems from OpenAI, Google, and…