Author: NBTC
A cryptocurrency whale has made some bold moves in the crypto market and earned big profits. Early on, the investor invested in $WIF memecoin which, at the buying time, had a market cap of just $58 million. As Lookonchain data reveals, this decision turned out to be very profitable as the whale gained $7.5 million in profit. This is a whale that dares to make big bets and profit!Aped into $WIF at a $58M market cap and made $7.5M!Aped into $PNUT at a $460M market cap and made $$1.2M!He spent $1.52M to buy 6.71M $pippins 19 hours ago, with an…
Ripple executives have mocked Jorge Tenreiro, the demoted lawyer of the U.S. Securities and Exchange Commission (SEC) who was leading the agency’s crypto enforcement efforts. David Schwartz, the chief technology officer at Ripple, has facetiously predicted that Tenreiro will become a movie critic. Stuart Alderoty, Ripple’s top lawyer, joked that Tenreiro had been reassigned to Macrodata Refinement, referring to the department where workers have to classify numbers with seemingly little purpose in hit TV show “Severance.” Ripple CEO Brad Garlinghouse has suggested that Tenreiro’s next career move could be working for the tech support at Best Buy. “I guess he…
Ripple said Monday the firm is partnering with Unicâmbio, a leading financial services company in Portugal, to enable instant cross-border payments between Portugal and Brazil. As part of the partnership, Unicâmbio will utilize Ripple Payments to settle payments for their corporate customers. Developed by Ripple Labs, Ripple Payments is a payment network aimed at revolutionizing international money transfers by providing real-time settlement, lower costs, and increased transparency. The partnership marks the first time Ripple’s payment solution is available in Portugal, expanding their European reach. “Portugal has developed a thriving crypto ecosystem so we are delighted to open up our payments…
Polkadot Blockchain Academy (PBA), the educational branch of the Polkadot (DOT) ecosystem, has announced the launch of The JAM Course, a specialized program designed to help developers make innovations in Polkadot’s blockchain architecture, as per the reports shared with Finbold on February 10. The course is set to launch in December 2025 and is the first project exploring Join-Accumulate Machine (JAM), the new framework conceptualized by Polkadot co-founder Dr. Gavin Wood. Polkadot’s JAM Course A follow-up to the PBA Campus, JAM Tour, and PBA-X, the academy’s four-week entry-level program, The JAM Course is designed primarily for experienced Web3 developers looking…
As Bitcoin surpasses $100,000, Changpeng Zhao, the founder of Binance, is making a lighthearted remark, calling $100,000 boring. Despite the importance of the milestone, many people are now wondering what Bitcoin will do next and whether it has more potential to increase. Not only is Bitcoin at $100,000, a significant milestone, but it also reflects growing institutional and retail interest. The 26 EMA and 50 EMA are supporting a robust uptrend in recent charts, suggesting ongoing bullish momentum. The asset still has room for upward movement without being regarded as overbought, according to the RSI, which is currently at about…
Cryptocurrency analytics company Santiment has released its latest list of NFT space-related altcoins that have attracted the most interest from developers recently. NFTs and NFT-related altcoins, which were one of the most popular areas of 2021, have gradually lost their influence and have become an unpopular topic compared to other parts of the cryptocurrency market today. However, there are some who predict that NFTs and NFT-related altcoins will regain popularity in the future. Santiment analysts have listed the NFT altcoins that crypto developers have focused on the most in the last 30 days. Here is the current list and developer…
Sources claim the U.S. SEC has reassigned Jorge G. Tenreiro, a top litigator who signed the commission’s appeal against Ripple, to the IT department. Ripple CLO Stuart Alderoty shared a screenshot of a Wall Street Journal (WSJ) report, claiming that Tenreiro has been reassigned to the commission’s IT department. Citing sources familiar with the matter, WSJ stated that the development is part of the SEC’s efforts to downsize its crypto enforcement team. SEC’s Changing Regulatory Approach The SEC, under the leadership of Acting Chair Mark Uyeda, is working assiduously to change its aggressive stance against crypto to a more friendly…
Overall, Binance holds $160 billion worth of the 34 crypto assets listed on the report, all of them at a ratio of 1:1 or greater against user balances. Cryptocurrency exchange Binance’s bitcoin (BTC) reserves dropped by $355 million last month while customer balances grew by more than $4 billion, bringing the two figures more in line with each other, according to recently published exchange reserves data. At the turn of the year Binance, the largest crypto exchange by trading volume, held 622,192 BTC across third-party custody and exchanges balances. On Feb 1, that figure had shrunk to 618,563 BTC. Customer…
According to TokenFi, a renowned RWA and crypto tokenization platform, Swiss jewelry and diamond brands are adopting blockchain technology to tokenize diamonds to enable smooth trading. The crypto and RWA tokenization platform revealed this development in an exclusive blog post. TokenFi mentioned the rapid growth of diamond tokenization in Switzerland. This idea will reportedly allow buyers to own, verify, and trade diamonds digitally. In this regard, they do not need to own the physical stone. Previously, buying a diamond was a complex procedure and involved certification, appraisal, and intermediaries. Consumers often had some concerns about authenticity and origin. However, diamond…
Bitcoin (BTC) still depends on whale-scale activity for some of its biggest price moves. Older retail buyers have also been shaken down during previous bull runs, but small-scale wallets continue to increase. New Bitcoin (BTC) wallets with a balance over $100 and $1,000 have gradually increased to reach a new all-time high. While some legacy retail traders sold some of their holdings to whales, a new trend of newcomers dipping their toes in crypto for the first time was developing. The trend reflects a shift to self-custodial wallets, despite the availability of other tools to own crypto. Based on Glassnode…