Author: NBTC
The cryptocurrency market witnessed an impressive performance from $STNK, which surged by 130% today. The dramatic price increase has drawn attention to the token, particularly following a market-making transaction involving DWF Labs on December 11, 2024. The $STNK price surged 130% today.DWF Labs(@DWFLabs) received 5,818 $STNK(944K) for market making on December 11, 2024.https://t.co/skSGs6cY4C pic.twitter.com/sCBQbNkI8E — Lookonchain (@lookonchain) January 20, 2025 Blockchain data reveals that DWF Labs received 5,818 $STNK tokens, valued at $943,706 at the time of the transaction. This allocation, made for market-making purposes, was executed through a transfer on the Solana blockchain. Market-making activities often aim to provide…
Ripple Labs has requested for an extended deadline to submit its legal brief in the ongoing cross-appeal which is filed by the U.S. Securities and Exchange Commission (SEC). The letter dated for January 23, 2025, has been written by Michael K. Kellogg, counsel for Ripple, and has been addressed to Catherine O’Hagan Wolfe, Clerk of Court for the U.S. Court of Appeals for the Second Circuit, seeking a submission with a deadline of April 16, 2025 as reported by James K. Filan, a former Federal Prosecutor. Ripple requests extended deadline to file its brief Ripple To Prepare a Comprehensive Response…
Bitcoin made a strong comeback yesterday, rallying to $96,000 after a week of downward pressure that saw it drop to as low as $90,000. This increase is attributed to the optimism surrounding the upcoming administration of US President-elect Donald Trump, who has promised to enact pro-crypto policies immediately after taking office on January 20. According to a report by the Washington Post, sources close to the Trump administration have said on day one that they plan to issue crypto-related executive orders. These orders are expected to address key issues such as the alleged “debanking” of crypto companies and the repeal…
The crypto sector remains a popular area for investment, with the past week being a record-breaking one in terms of large private funding rounds. Various crypto projects made such efforts, which were backed by leading venture capital firms. SOON was the most successful, gathering $22 million in funding from Hypersphere Ventures. SignalsPlus remained quick to follow with a $11 million raise, involving OKX Ventures and AppWorks, which indicated that there is still a lot of interest in the trading infrastructure and other solutions. Top 7 Crypto Fundraising Rounds of the WeekLet’s take a look at the top 7 biggest private…
U.S. President Donald Trump and his entourage have already made tens of billions of dollars in profits (at least on paper) off of the Official Trump (TRUMP) and Melania Meme (MELANIA) tokens that launched on Solana in the last three days. Now trading at $42, TRUMP has surged to a $8.8 billion market capitalization, making it the 25th largest coin in the whole crypto ecosystem, just behind some CoinDesk 20 coins such as polkadot (DOT) and litecoin (LTC). (The CoinDesk 20 is an index of the top 20 cryptocurrencies by market cap excluding memecoins, stablecoins and exchange coins). MELANIA, for…
Everyone has their own unique sense of style, but if you are wearing Bitcoin merch like the shirt in the X post below out in public — you should probably stop doing so. This Bitcoin shirt is cringe as fuck.Have fun getting 7 dollar wrench attacked. pic.twitter.com/zRlT2CFrIg — Breadman (@BTCBreadMan) January 11, 2025 I agree with this post in that this shirt is cringe as fuck and will only bring unwanted attention. Most people don’t understand Bitcoin and the lingo adjacent to it. If you’re wearing this out in public, the majority of people are not even going to understand…
A new survey claims that 1 in 7 Americans bought the new TRUMP meme coin and that over 80% of these buyers made a profit. The survey also found that 42% of TRUMP amd MELANIA buyers are first-time investors in crypto. The survey had a small sample size, and its sweeping conclusions might, therefore, be inaccurate, but it still contains valuable insights into the crypto community. TRUMP Meme Coin Sparks Discussions Donald Trump changed the meme coin market when he launched TRUMP over the weekend. The Solana-based token quickly grew to a $14 billion market cap, and the subsequent MELANIA…
Pro-XRP lawyer John Deaton is convinced that crypto tribalism, coined as a ploy to favour certain digital assets over others, will make a comeback soon. In a message posted on X, Deaton said it was “great” to watch industry leaders debate whether the US government should set up a Bitcoin reserve exclusively or consider adding other cryptos. Deaton’s recent comments come after President Donald Trump signed an executive order on Thursday to form a “crypto asset working group” in the presence of newly appointed crypto czar David Sacks. The task force will reportedly explore the creation of a federal strategic…
Argentina and Mexico are among the nations with the highest levels of crypto adoption in the world, according to the latest report issued by Chainalysis. Sebastian Reyes, Chief Analytics Officer of Vita Wallet, believes this is due to the economic instability of these nations. Argentina’s Crypto Adoption Drops, Mexico Rises According to Chainalysis’ Report Latam continues to be a hotbed for crypto, as several of the region’s nations are at the top of the adoption ranks. The latest report by Chainalysis, the blockchain intelligence firm, confirms this, with Argentina and Mexico taking the 15th and 14th places, respectively. Argentina has…
Messari founder Ryan Selkis has urged soon-to-be President Donald Trump to dismiss the team behind the release of the MELANIA meme coin. According to him, the launch was poorly executed, undermined Trump’s financial interests, and damaged some of the public goodwill he has enjoyed since winning the U.S. presidential polls in November 2024. Market Collision Between Two Meme Coins In a January 19 post on X, Selkis admonished the people who had greenlighted the MELANIA project, saying they did not know what they were doing and did not have the President-elect’s best interest in mind. This was after the meme…