Author: NBTC
Popular XRP commentator Edoardo Farina has emphasized how early current XRP investors are in their exposure to the asset amid the broader market downturn. At press time, XRP is trading with a massive 12% dip, priced at $2.18. Meanwhile, XRP touched $2.08 earlier today, marking a more significant 17% dip from the intraday high of $2.50. While this price performance is concerning, Farina believes XRP holders should be less worried about the price action. He stressed the significance of the earliness in XRP by highlighting the small amount of tokens it takes to rank among the wealthiest XRP holders. Specifically,…
Simplifying Web3 Transactions TL;DR:The IOTA Gas Station allows developers and businesses to cover gas fees for end users on the IOTA Network, allowing them to execute transactions without needing to buy, hold, or manage IOTA tokens. This simplifies onboarding, boosts user engagement, and removes friction for both Web2 and Web3 audiences while enabling builders to handle gas centrally. With features like access control, transaction limits, and usage metrics, operators can manage sponsorships securely and efficiently. As an open-source, industry-agnostic solution, it streamlines blockchain interactions, making dApps more accessible. What if users could engage with IOTA-powered applications without needing to acquire…
Crypto influencer SolJakey claims to have fled the country after receiving death threats amid allegations of insider trading relating to Argentinian President Javier Milei’s ill-fated LIBRA token. SolJakey was discovered to have met Hayden Davis and his brother, and associated with Davis’ crypto firm Kelsier Ventures which helped launch the LIBRA token and Melania Trump’s MELANIA crypto token. Then on February 15, he shared a long post defending key opinion leaders (KOLs) and insider trading which users didn’t take well. He also filmed a short bit pretending to be an insider trader. This appears to have rubbed some people the…
This is a segment from the Empire newsletter. To read full editions, subscribe. If we see a big resurgence in Web3 gaming, it’s probably going to look a lot different. And perhaps that’s for the best. The Drop’s Kate Irwin told me that she’s seen a shift away from more traditional video games that have a “hidden” crypto element that’s optional, and more of an acceptance that the primary audience for Web3 games are, well, degens. “Instead of trying to convert the Fortnite gamers of the world, they’re now trying to convert the non-gamers who are just crypto traders, and…
Teng brought attention to the fact that 11 million people in Japan had crypto accounts last year. The CEO stressed the need for transparent rules in fostering the safe and long-term development of the crypto industry. Binance CEO Richard Teng lauded Japan’s transparent regulatory framework and quick adoption of cryptocurrencies at an event in the host nation. Teng brought attention to the fact that 11 million people in Japan had crypto accounts last year. Addressing the Global Financial Technology Network Forum in Japan, Teng stressed the need for transparent rules in fostering the safe and long-term development of the crypto…
The FTX collapse continues to fuel serious questions about whether regulators showed favoritism and were influenced by politics. As crypto lawyer John E Deaton points out, Sam Bankman-Fried (SBF), the disgraced founder of FTX, allegedly used $10 million in donations to the Biden administration to gain special access to regulators. This calculated move apparently allowed him to cultivate relationships with key officials, including those at the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Coinbase Demands Answers on SEC Enforcement Spending Meanwhile, SEC Chair Gary Gensler aggressively pursued enforcement actions against other crypto firms while meeting…
A massive 8,022 BTC worth nearly $738.86 million has recently exited major crypto exchange Coinbase, sparking interest on the crypto market.According to the blockchain data tracker Whale Alert, “8,022 BTC worth $738,863,880 were transferred from Coinbase to unknown new wallet.” 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 8,022 #BTC (738,863,880 USD) transferred from #Coinbase to unknown new wallethttps://t.co/njPiLgl9zn — Whale Alert (@whale_alert) February 25, 2025 The identity of the receiving wallet remains unknown, adding mystery to the transaction. The fact that the wallet is entirely new sparks speculation that a new Bitcoin whale might be emerging on…
Rumors of an exchange traded fund (ETF) tracking the top NFT collections have started to swirl, stemming from a post on social media made by Pudgy Penguins CEO Luca Netz. But ETF issuers and market experts told Decrypt it is unlikely that such a fund is imminent due to traditional investors thinking NFTs are “nonsense.” With a U.S. crypto reserve rumored to be on the horizon following an announcement from President Trump, NFT enthusiasts started to question if an NFT reserve could ever be a possibility. In response, Netz retweeted the post, adding that he has been working on “something…
Binance has announced significant changes to its Watch Tag policy, increasing the frequency of updates to monthly and expanding the list of tokens that are subject to closer scrutiny. Binance Updates Watch Tag Policy, Adds 10 Tokens to Watch List Starting March 4, 2025, Binance will add new tokens to the Watch Tag list during the first week of each month based on community feedback. However, the removal of Watch and Seed Tags will continue to be reviewed on a quarterly basis. New Tokens Added to Tracking Tag As part of the latest update, Binance will include the following 10…
Bitcoin long liquidations over the past 24 hours have hit their highest level in about three months. Specifically, over $245 million in Bitcoin long positions have been liquidated in the past 24 hours. According to a Tuesday, February 25 report from crypto analytics platform CryptoQuant, this is the highest level of long liquidations the market has experienced since November 2024. Bitcoin long liquidations chart Source CryptoQuant The liquidations come as Bitcoin dropped from Monday, February 24, highs of $96,500 to below the psychologically important $90,000 support level. In the recent CryptoQuant report, analyst “MAC_D” asserted that Bitcoin could rebound for…