Author: NBTC
This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins. Bitcoin (BTC), Notcoin (NOT), and Dogecoin (DOGE) have emerged as their top choices. Bitcoin (BTC) BTC currently trades at $67,871, noting an 11% price uptick over the past week. As the leading coin approaches its all-time high, BTC whales have steadily increased their coin holdings. Over the past seven days, crypto whales that hold between 10,000 and 1,000,000 coins have added 20,000 coins valued above…
After a month marked by enthusiasm, Bitcoin (BTC) is approaching critical price levels that warn investors of a potential bear. The world’s n°1 cryptocurrency has dropped by about 5% from the highs at 104,000 dollars and now it could reverse its short-term structure. The fractal of the Bitcoin chart compared to gold suggests a possible 35% drop from the highs, which would coincide with the beginning of the cold bear market. Have we truly reached the top of this market cycle, or are there still pleasant surprises awaiting us in the coming months? Bitcoin (BTC) price down 5% from highs:…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In recent years, non-fungible tokens have sparked a lively debate in both the art world and broader cultural discussions. From their role in high-value digital art sales to their perceived association with speculative bubbles, NFTs are often viewed through a polarized lens. You might also like: Museums, AI-generated art, blockchain, and NFTs | Opinion Yet, beneath the buzz and controversy lies a transformative technology that revolutionizes how we preserve, authenticate, and engage with art and culture. NFTs…
Abu Dhabi, UAE — Beam Ventures is set to launch the first-ever venture fund and accelerator dedicated exclusively to gaming in Abu Dhabi’s financial center, ADGM. Backed by a $150 million fund, Beam Ventures aims to accelerate game developers and early-stage startups, further solidifying Abu Dhabi’s status as a global gaming powerhouse.—Positioned at the crossroads of blockchain, gaming, and artificial intelligence (AI), Beam Ventures is poised to drive industry growth and redefine gaming experiences. By providing funding, mentorship, and strategic resources, Beam Ventures seeks to empower the next generation of game developers and early-stage founders, fostering a culture of innovation…
BlackRock is in early talks to list its tokenized money market fund as collateral for derivatives trading on exchanges including Binance, Deribit and OKX, Bloomberg reported. Ondo’s governance token spiked to 79 cents before paring gains, still up nearly 9% over the past 24 hours. Tokenized money market funds as collateral allows traders to keep earning a yield while using them for margin for trading, as opposed to posting stablecoins for collateral. Real-world asset tokenization platform Ondo Finance’s governance token (ONDO) spiked 8% on Friday following a report about asset manager BlackRock’s push to list its tokenized money market fund…
Two South Korean major crypto exchanges, Upbit and Bithumb, will list MOVE on the same day, Dec. 9. Both exchanges will open trading for the token at 21:00 KST. Upbit and Bithumb will list utility tokens from Movement Labs, an Ethereum (ETH) layer 2 solution, simultaneously on Dec. 9 at 21:00 KST. Though based on the information from Upbit’s notice, since this is the first time MOVE will be listed for global trading support, there is a chance that the scheduled listing time for the token might change. The exchange will let users know if the launch time for MOVE…
Binance Labs, the venture capital and incubation arm of Binance, has invested in Perena, a stablecoin infrastructure protocol on Solana. In an announcement on Dec. 11, Binance Labs revealed it had participated in the pre-seed funding round of Quine Co., the core contributor to the Perena stablecoin platform. The investment aims to accelerate the adoption of stablecoins on Solana (SOL). This ecosystem already benefits from Perena’s decentralized finance focused solution. You might also like: Binance partners with Circle to drive global USDC adoption Circle, Paxos, PayPal and Hong Kong-based stablecoin issuer First Digital are among platform to bring stablecoin support…
A savvy crypto trader has earned over $550,000 in just six days by free minting $Daram and $Frogs tokens. The trader’s strategy involved minting massive amounts of both tokens via numerous wallets before selling them for a significant profit. Lookonchain, an on-chain crypto analytical firm, shared the sequence of events through its official X account. This guy made more than $550K by free minting $Daram and $Frogs in just 6 days!He minted 4.59B $Daram via 918 wallets with a gas of ~$10K and minted 8.8T $Frogs via 880 wallets with a gas of ~$7K.Then sold all 8.8T $Frogs for 26.56…
Crypto.com has acquired Orion Principals Limited, an Abu Dhabi-based brokerage licensed and regulated by the Abu Dhabi Global Market. In an announcement on Monday, Crypto.com said the acquisition is part of the crypto exchange’s plans to expand its range of crypto products and services. Specifically, Crypto.com is looking to add traditional financial instruments to its offerings. Exchange eyes growth in the UAE The expansion plan comes as the United Arab Emirates increasingly becomes a key global hub for crypto, with a crypto-friendly regulatory regime helping companies and businesses. Various projects and top crypto figures have set up shop in the…
According to blockchain analyst Andrew 10 GWEI, multiple addresses linked to Scroll’s founding team allegedly received millions of airdrop points, raising concerns about potential internal manipulation. The Scroll airdrop has not yet been distributed and it is unclear whether these wallets associated with the team are eligible to receive the airdrop, but speculation is growing. Andrew 10 GWEI shared details on social media that questioned Scroll’s robustness: “Scroll founder’s wallet with over 1 million tokens. Scroll = ZKscam 2.0? Teams are distributing drops to their wallets, that’s a fact.” He went on to provide evidence showing team wallets with tokens…