Author: NBTC
A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC) worth just over $600 to an Islamic State affiliate in Syria is set to be released from remand prison after a court acceded to his bail application. According to a local report, a Lichtenburg magistrate ruled that the state had failed to prove that Ziyadh Hoorzook was a flight risk. However, the magistrate…
Binance has faced criticism over the years regarding its token listings and the impact on token prices post-listing. In response to growing concerns, Binance co-founder He Yi recently acknowledged the issues surrounding price surges after listings and disclosed that the exchange is planning changes to its listing policies. Binance co-founder acknowledges issues with token price surges after listingsBinance co-founder He Yi said in a Spaces session on X that the exchange will adjust its listing rules based on market conditions and require listed projects to update their information, Odaily… — CoinNess Global (@CoinnessGL) February 3, 2025 During a recent session…
The latest data on Bitcoin’s Accumulation Trend Score suggests a significant shift in the market behavior of Bitcoin ($BTC). According to the chart shared by @ali_charts on January 8, 2025, the trend indicates a movement toward distribution rather than accumulation. This could signal a potential shift in investor sentiment, with market participants no longer showing signs of accumulating the cryptocurrency at the current price levels. The Accumulation Trend Score is closer to 0, indicating market participants are distributing or not accumulating #Bitcoin $BTC! pic.twitter.com/miRGXwISvX — Ali (@ali_charts) January 10, 2025 The Accumulation Trend Score (ATS) is a technical indicator that…
Donald Trump is set to return to office on Monday, January 20. In anticipation of the new regime, crypto degens are using Solana meme coins to gamble on who the 47th President of the United States will pardon. Betters on Polymarket, a crypto prediction market, rank Ross Ulbricht, the founder of online black market Silk Road, as the most likely single person to receive a pardon from Trump at 74%. This comes months after the Republican pledged to pardon Ulbricht once in office. Unsurprisingly, the Silk Road founder obviously welcomed the news. As such, a spree of Solana meme coins…
1inch’s Investment Fund has been actively acquiring major cryptocurrencies, purchasing a total of $25.44 million in assets over the past 20 hours. This aggressive move includes a substantial buy of 7,289 Ethereum ($ETH), valued at approximately $20.43 million, and 52.072 Wrapped Bitcoin ($WBTC), amounting to $5 million. The strategic purchases come as part of the fund’s continued bullish outlook on these digital assets, despite ongoing market fluctuations. 1inch’s Investment Fund bought 7,289 $ETH ($10.44M) and 52.072 $WBTC ($5M) in the past hour!Over the past 20 hours, the fund has spent a total of $25.44M to buy:• 7,289 $ETH at an…
North Dakota lawmakers introduced a House Concurrent Resolution (HCR) on Jan. 7, encouraging the State Treasurer and the State Investment Board to include digital assets and precious metals in the state treasury’s portfolio to hedge against inflation. Six Representatives and two Senators sponsor the HCR3001, all Republican: Rep. Nathan Toman, Rep. Matthew Heilman, Rep. Jared Hendrix, Rep. Daniel Johnston, Rep. SuAnn Olson, Rep. Todd Porter, Sen. Jeff Barta, and Sen. Bob Paulson. The resolution includes the state general fund, budget stabilization fund, and legacy fund. Lawmakers aim to future-proof the state’s financial resources against inflation and other uncertainties by encouraging…
The price of Ethereum (ETH) has shown some significant change in the past day rising by 1.86%. However, according to trading data from CoinMarketCap, the popular altcoin has recorded negative growth since December 2024 despite some significant gains in the past month. Interestingly, underlying market activity points to a potential price breakout. Ethereum Sees Strong Accumulation Activity Amid Price Dip Ever since touching the $4,000 price mark, Ethereum has slipped into a downtrend falling as low as $3,000. Amidst notable gains by Bitcoin in January, Ethereum continues to struggle hitting consistent lower lows during this period. However, a CryptoQuant market…
This is a segment from the Empire newsletter. To read full editions, subscribe. Crypto is a creature of extremes. Look no further than the major narratives right now. AI agents and memecoins are almost completely virtual. DePIN, meanwhile, derives practically its entire value proposition from very physical networks of hardware. In the real world. So, you can’t fault Helium — the decentralized wireless carrier powered by Solana — for teaming up with DAWN to expand both their networks, together. The pair have struck a partnership to allow Helium hotspot operators to serve DAWN broadband internet, and vice versa, to create…
Sam Bankman-Fried’s parents, Joseph Bankman and Barbara Fried are reportedly trying to secure a presidential pardon for their son. However, it’s still unclear whether they have directly reached out to Trump or his administration. Their efforts come at a time when crypto-related pardons are making headlines, especially after Trump granted clemency to Silk Road founder Ross Ulbricht. Life Behind Bars- Will Trump Take Chance? Ulbricht’s pardon has sparked speculation that other high-profile crypto figures might also get a second chance. Elon Musk Is the Co-founder of Tesla, an investor and entrepreneur. He was born on the 28th of June,1971, and…
Nubit has introduced Goldinals, a unified token protocol for every Bitcoin native asset, as well as Meta Protocols. The token protocol claims to build a “trustless world computer for Bitcoin,” offering solutions that address limitations in programmability, data availability and asset creation. In an X post on January 10, Nubit announced: Today, Bitcoin has 100+ asset protocols—fragmented, inefficient, and isolated. Every new feature requires building a new protocol from scratch. However, Goldinals changes everything. ~Nubit Goldinals is developed on BitVM and already works well with BRC-20, Runes and Ordinals According to Nubit, the new token protocol, Goldinals, is fully compatible…