Author: NBTC

JASMY takes rank 51 in CoinMarketCap’s rankings for largest market cap. The altcoins climbed the ranks as other altcoins faced a hard price dip. JASMY is now one step away from claiming the top 50 coins rank in the world. As the crypto market experienced a sudden and unexpected dip in many altcoins over the last 24 hours, one altcoin stays strong. JasmyCoin’s JASMY not only remained in a bullish state, but it claimed rank 51 on CoinMarketCap based on the largest market cap list. Unfortunate red falling price marks take over the crypto price boards for a massive number…

XRP advocate John Deaton has once again voiced his criticism against the U.S. Securities and Exchange Commission and its chairman Gary Gensler, accusing them of harming a large number of small cryptocurrency investors, including those that bet their money on XRP. He also reminded the XRP community about Gensler’s additional important mishap that made waves among the army of crypto fans. It is worth noting that Deaton is a candidate for U.S. Senate in Massachusetts. Deaton’s critique against SEC and Gensler John Deaton wrote that he has “100% conviction” that Gary Gensler and the SEC have brought more harm to…

European Binance users logging into their mobile app on Wednesday were greeted with an unsettling message indicating that certain services were no longer available in their region. This sudden change comes as new cryptocurrency regulations on the Old Continent officially take effect at the end of June. Binance, acting proactively, has already blocked access to some services, including copy trading, starting from June 26. Binance Users in Europe Face Significant Restrictions A year ago, the European Union introduced the Markets in Crypto-assets (MiCA) regulation package, governing the digital assets industry across Europe and within the European Economic Area (EEA). The…

A notable Bitcoin (BTC) transfer valued at $231.45 million has recently attracted attention. Thus, Whale Alert reported that an entity identified by the address “bc1qc” executed the transaction, transferring 3,250 BTC to Kraken, a major cryptocurrency exchange in the United States. The history of the sender’s address, “bc1qc,” reveals limited information. Its initial transaction occurred in March 2024, receiving 0.002 BTC from another unidentified and now empty wallet. A closer examination of the transaction chain shows a series of exchanges between various unknown addresses over several months. This recent transaction represents a significant but not overwhelming portion of the wallet’s…

The U.S. government published an up-to-$5 million reward for information on OneCoin’s Ruja Ignatova. Ignatova disappeared in Athens in 2017 after her Ponzi scheme fell apart. The U.S. State Department is offering a $5 million bounty for information leading to the arrest or conviction of OneCoin founder Ruja Ignatova, the self-styled “Cryptoqueen,” who vanished in Athens in 2017. The new reward, announced Wednesday, is offered under the State Department’s Transnational Organized Crime Rewards Program, and boosts the previous reward of $250,000 offered by the Federal Bureau of Investigation (FBI). Ignatova was added to the FBI’s Most Wanted list in 2022.…

Cryptocurrency exchange Bitstamp announced that it will delist Tether’s EURT and other non-compliant stablecoins ahead of the European Union’s new Crypto Asset Markets (MiCA) regulations coming into force on June 30. Bitstamp Delists Tether’s Euro Stablecoin as MiCA Laws Go into Effect Fiat-backed stablecoins or e-money tokens that are not denominated in euros and do not comply with MiCA rules will face restrictions on some products but will not be delisted. The exchange will also refrain from listing or introducing new tokens that do not meet MiCA compliance standards. “We are communicating directly with a small portion of our customers…

A notable Bitcoin (BTC) transfer valued at $231.45 million has recently garnered significant attention. Whale Alert reported that an entity, identified by the address “bc1qc,” executed the transaction, transferring 3,250 BTC to Kraken, a major cryptocurrency exchange in the United States. Background on Sender’s Address The history of the sender’s address “bc1qc” reveals limited information. Its initial transaction occurred in March 2024, receiving 0.002 BTC from another unidentified and now empty wallet. A closer examination of the transaction chain shows a series of exchanges between various unknown addresses over several months. Market Implications This recent transaction represents a significant, but…

CryptoPunks topped CryptoSlam’s daily NFT chart on Tuesday with US$1.34 million in sales. This surge in sales was driven by six unique buyers and sellers, with an average price of US$224,950 per NFT. The collection’s performance pushed its all-time sales volume to US$2.85 billion, third in the industry behind Axie Infinity and Bored Ape Yacht Club. The second-ranking collection for the day was NodeMonkes, a Bitcoin collection that saw a total of US$881,042 in sales across 84 transactions, involving 72 unique buyers and 60 sellers. This performance marks an increase from the previous day’s sales of US$428,913. Coming in third,…

Binance has announced a significant transition for its United Arab Emirates (UAE) users. Following the receipt of a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), Binance will migrate all UAE resident accounts from its global platform to the locally regulated Binance FZE exchange (Binance Dubai). The transition process, set to begin today (Wednesday), will require UAE residents to update their Know Your Customer (KYC) information by December 15, 2024. Users will be contacted via email with instructions on submitting the necessary documentation. During the transition period, UAE users can continue to access their…

Synthetix, a trailblazer in decentralized finance, has unveiled a significant expansion of its operations on the Arbitrum network, marking a major milestone in its ongoing evolution. This strategic move is part of the broader Arbitrum Liquidity Incentive Program (LTIP), designed to bolster liquidity and trading activities on the platform. Scheduled to run for 12 weeks, until September 3rd, the initiative is backed by an impressive allocation of 2 million ARB tokens. The initiative, an ambitious one at that, seeks to supercharge liquidity provision & stablecoin adoption and hence also intends to optimize the Perpetual Contracts (Perps) trading environment in the…