Author: NBTC

Source: AdobeStock / photo_gonzo Bitcoin (BTC) development company MicroStrategy may be planning to dilute shareholder value after the price of its stock and convertible bonds skyrocketed in recent months. MicroStrategy’s Convertible Bonds Since January 1, MSTR has surged 110% to $1440 per share. Meanwhile, its convertible bonds – issued in late 2020 to raise $650 million – now trade for over three times their par value, which is based on their conversion price of $397.99. A “convertible bond” is a debt instrument that acts like a regular bond with a fixed interest rate, but can also be paid back by…

Lucie, the Shiba Inu ecosystem content marketing specialist, has shared her longstanding perspective on SHIB’s future, suggesting a potential value of $0.01. Lucie Believes Shiba Inu Will Reach $0.01 In a recent post on X, Lucie revealed her history as a Shiba Inu holder since 2021. She expressed her conviction that although the asset trades for less than a penny, it could eventually eliminate two decimal places to reach $0.01. Lucie stressed that her projection of Shiba Inu reaching $0.01 is not immediate. Instead, she adopts a long-term approach to the SHIB potential, highlighting that “Everything takes time.” I won’t…

Crypto.com announced Tuesday that its Dubai-based entity achieved full operational approval from the Virtual Assets Regulatory Authority (VARA). It will commence operational services by catering to institutional investors. It follows Crypto.com satisfying VARA’s pre-operational requirements in Nov. 2023. Notably, it represents the first instance of a global crypto exchange being authorized to operate with fiat currency within the United Arab Emirates. Crypto.com’s Dubai-based branch, CRO DAX Middle East, facilitates spot trading activities and brokerage services for staking. It also provides additional over-the-counter (OTC) offerings related to settlements within designated markets. Additionally, Crypto.com has planned further product launch initiatives including the…

Scott Melker, also known as the “Wolf of All Streets,” has shared some concerns regarding the bitcoin market. Pointing to his “top signals,” he cautioned that the market could “cool off massively for a few months before hopefully ramping up again in the fall.” This Market Could ‘Cool off Massively’ Scott Melker, also known as the “Wolf of All Streets,” shared his concerns regarding the current bitcoin market in a post on social media platform X on Monday. Melker is a well-known trader, investor, writer, and host of the Wolf of All Streets podcast. In 2020, he won the Binance…

In a demonstration of resilience and bullish momentum, ethereum’s price spiked over the $3,600 threshold, marking a significant increase within a 24-hour range that saw lows of $3,372 and highs of $3,644. This uptrend is underpinned by a strong trade volume of $13.40 billion and a market capitalization of $434 billion, indicating sustained interest in ether. Ethereum The 1-hour chart analysis reveals a vivid portrayal of ethereum’s (ETH) strong buying pressure, characterized by large upswings and minimal retracement from recent highs. This pattern indicates a sustained interest in ether, potentially signaling the continuation of its upward trajectory. Traders might find…

XRP, the sixth largest cryptocurrency by market capitalization, recently saw transfers from the Binance crypto exchange in various stashes in the amount of over 18 million XRP each. Whale Alert, a crypto data tracker, records four such transactions in the last 24 hours, all of which involved the transfer of XRP from Binance to an unknown wallet: 18,766,680 XRP worth $11,726,748 and another 18,355,225 XRP worth $11,456,033. In another two transactions,18,433,282 XRP valued at $11,511,574 and 18,460,720 XRP worth $11,452,880 were transferred. 🚨 18,766,680 #XRP (11,726,748 USD) transferred from #Binance to unknown wallethttps://t.co/50ANxSPtBM — Whale Alert (@whale_alert) March 10, 2024…

Prominent global exchange KuCoin has declared support for Truflation (TRUF), a fast-growing crypto project focused on real-world asset (RWA) tokenization. KuCoin announced the move to list TRUF among tradable assets on its spot platform via its official website and X handle on April 8. 💥World Premiere💥📢 New Listing@truflation $TRUF Gets Listed on #KuCoin! 💎Pair: TRUF/USDT💎Deposit: now open (network: ETH-ERC20, ARB-ERC20)💎Trading: 9:00 on April 9, 2024 (UTC) — KuCoin (@kucoincom) April 8, 2024 Furthermore, in the report, KuCoin expressed satisfaction in adding Truflation’s token to its spot trading platform and recognized it as an excellent project. Accordingly, KuCoin has opened the…

Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran journalist, found that 80% of the funds in this wallet came from Bitfinex, an international exchange, while 20% came from Chivo Wallet, the national wallet. Salvadoran Press Report Raises Questions About Piggy Bank Wallet’s BTC Ownership A report prepared by Moises Alvarado and published by the Salvadoran local press has raised questions about the true ownership of the BTC transferred by President Nayib Bukele…

Komodo, a pioneering force in blockchain interoperability and atomic swap technology, has just announced the launch of the Komodo Wallet browser extension. This new offering combines the functionalities of a non-custodial crypto wallet, cross-chain decentralized exchange (DEX), and crypto bridge, all within the convenience of a browser extension. The Komodo Wallet browser extension is now available for download on the Chrome Web Store, marking a significant milestone in the company’s mission to streamline and democratize crypto asset management. With support for a staggering 673 cryptocurrencies, including major players like Bitcoin (BTC), Ethereum (ETH), BNB (BNB), Polygon (MATIC), Avalanche (AVAX), and…

In a recent development that has caught the attention of the cryptocurrency community, James O’Keefe, an analyst known for his investigative journalism, has raised significant concerns regarding Ethereum. Termed the “ETH gate” scandal, O’Keefe’s allegations draw parallels with past controversies within the crypto sphere, signaling a turbulent phase for Ethereum and its stakeholders. The controversy surfaces amidst the Securities and Exchange Commission’s (SEC) intensified scrutiny over Ethereum Exchange-Traded Funds (ETFs). The SEC has issued subpoenas to numerous firms and exchanges associated with Ethereum and its potential ETFs. Central to the scandal are allegations made by Steven Nerayoff, a former advisor…