Author: NBTC
After a relatively calm week, the cryptocurrency market is entering a new week in which some unusual developments will take place, especially in the field of altcoin token unlocks. The most notable of the altcoins that will experience a token unlock is MELANIA, which was launched by Donald Trump’s wife, Melania Trump. After a one-month vesting process, locked token holders will benefit from a significant amount of token unlocking. Here is the token unlock calendar that we, as Bitcoinsistemi.com, have prepared specially for you. (All times are stated as UTC+3 Türkiye time) February 17, 2025 Sui (SUI) Market Value: $10.14B…
Crypto exchange Kraken plans to launch a new colocation service in the coming weeks that will offer clients ultra-low latency trading, the company said in a press release Monday. The service is for customers who need high speed execution, Kraken said, and traders operating out of London can expect latency of under a millisecond. “Many exchanges offer colocation services, but Kraken’s approach is unique – we’re making it accessible to all partners and clients, not just institutions,” said Shannon Kurtas, head of exchange at Kraken, in the release. Trading is all about speed, especially in volatile markets such as crypto,…
Cryptocurrency analyst The DeFi Investor has prepared a calendar of altcoins and related altcoins that the crypto market will follow in the new week. Here’s what you need to know. BTC – FTX will begin distributing approximately $7 billion in cash to its creditors on Feb. 18. The long-awaited move marks a significant step in the exchange’s bankruptcy proceedings and could have implications for market liquidity and investor sentiment. JUP – Jupiter’s JUP buyback program will begin tomorrow, with 50% of protocol fees being allocated to the buyback of JUP tokens. HYPE – Hyperliquid, a leading decentralized exchange, is expanding…
US-based crypto exchange BitMart announced that its local subsidiary has successfully obtained a Trust or Company Service Provider (TCSP) license from the Hong Kong Companies Registry. This license enables the company to provide digital asset custody services and other related activities within the jurisdiction. BitMart’s Operations in Hong Kong With this approval, BitMart is focused on building a compliant, licensed platform in line with Hong Kong’s regulatory framework for Virtual Asset Trading Platforms (VATP). The platform adheres to Hong Kong’s Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) obligations to ensure secure and reliable transactions. Hong Kong has been actively approving…
The Bitcoin market may be entering a bearish phase as the Inter-Exchange Flow Pulse (IFP) turns negative. The IFP, a metric that tracks Bitcoin movements between spot and derivative exchanges, indicates changing market conditions based on the flow of assets. Recent data suggests a decline in risk appetite among investors, potentially marking a slowdown in Bitcoin’s recent momentum. Weaker Market Confidence in Bitcoin The IFP metric, derived from CryptoQuant’s Bitcoin exchange flow data, provides insight into how traders position themselves in the market. A positive IFP often coincides with bullish momentum as Bitcoin moves into derivative exchanges for leveraged positions.…
Democrat Rep. Gerald E. Connolly is demanding that the US Treasury intervene in a political dispute over the Trump administration’s efforts to create a US crypto reserve. He sent a letter to Scott Bessent urging the Department to cease all attempts to create the crypto reserve. 🇺🇸 Democrats oppose the strategic reserve: call to stop Trump’s plan Democratic Representative Gerald Connolly has formally requested that the U.S. Department of the Treasury halt President Donald Trump’s plan to create a strategic reserve of bitcoins and other cryptocurrencies.… pic.twitter.com/iNWC0EnA9e — Atlas21 (@Atlas21_news) March 14, 2025 In his letter, the ranking member says…
The FX/CFD broker amana has expanded its cryptocurrency selection to more than 450 digital assets, according to a company announcement today (Monday). The firm stated this represents the largest cryptocurrency portfolio among brokers operating in the Middle East and North Africa region. The expansion adds over 300 new cryptocurrencies to amana’s existing platform, which also provides access to FX, indices, physical stocks and automated investment plans. The company aims to offer users a consolidated trading experience that combines both conventional markets and digital assets. “With over 450 coins and a seamless all-in-one platform, we’re making it easier for our customers…
Howard Lutnik’s New Role in the US Sovereign Wealth Fund American business leader Howard Lutnick is very close to Trump. He was a key fundraiser for Trump in both the 2020 and 2024 presidential campaigns. He even served as a co-chair of Trump’s 2024 presidential transition team. Bates’ post suggests that Lutnick was named by Donald Trump to lead the US Sovereign Wealth Fund development process. It was on February 3, 2025 that the White House released the executive order, directing the establishment of the fund. As per the press release issued by the White House on that day, titled…
The White House disclosed that David Sacks, Trump’s AI and crypto czar, and his venture firm Craft Ventures divested over $200 million in crypto assets and related holdings before taking on his new role. At least 85% was personally attributed to Sacks. The revelation came in a memorandum dated March 5, granting Sacks a limited ethics waiver to participate in digital asset policy matters. “Altogether, you and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which at least $85 million is directly attributable to you,” the memo states. Sacks indeed disclosed this…
Decentralized exchanges (DEXs) on Solana recorded approximately $20.2 billion in the week that ended February 16. The numbers extend a streak of declining weekly trading volume for the fifth straight week, based on DeFiLlama data. The data analysis site also revealed that in the week ending February 10, 2025, Solana’s on-chain transaction volumes fell by 28%, totaling $31.8 billion. The slide in Solana DEX activity has been linked to a broader market trend. Similar volume reductions have been observed across other blockchains like BNB Chain, Ethereum, Sui, and Polygon. Solana’s declining numbers According to DeFiLlama, the weekly trading volume has…