Author: NBTC

Prominent blockchain sleuth Whale Alert has spotted three ancient cryptocurrency wallets coming back to life after a long hibernation. One of them was last active back in 2010 – the year when the mysterious Bitcoin creator Satoshi Nakamoto chose to step away, leaving BTC in the hands of keen developers. These dormant wallets were reactivated less than 48 hours ago. This is happening while Bitcoin, which has become the world’s flagship cryptocurrency by now, has skyrocketed above the $71,000 level for the first time since June. Satoshi-era wallets keep returning as BTC skyrockets The above-mentioned data source spread the word…

Ethereum (ETH) price has been on a remarkable rally, gaining 20% over the past week. This rally has been fueled in part by a significant outflow of ETH from exchanges, suggesting growing confidence among holders. Whale accumulation has also picked up, hinting at increasing bullish sentiment. However, with recent minor corrections, ETH is now at a pivotal point, testing its support and resistance levels to determine its next move. ETH Net Transfer Volume Reached 128,000 On November 10 ETH has been on a strong rally, climbing 20.10% in the past 7 days. More than 361,000 ETH left exchanges on October…

A Republican sweep could see total crypto market cap grow to $10 trillion by the end of 2026, the bank said. Positive changes are expected for crypto markets early in the new administration, the report said Standard Chartered said we have now entered a crypto summer. A Republican sweep would allow the new government to push through positive policies for the digital assets sector, which could lead to total crypto market cap swelling to $10 trillion by the end of 2026, investment bank Standard Chartered (STAN) said in a research report on Friday. Standard Chartered said it sees a number…

IOTA’s Dominik Schiener has disclosed that the team is consistently working to improve liquidity and Total Value Locked (TVL) to effectively convince major exchanges. He also admitted to the poor performance of the IOTA token but assured that the recent US political climate and the movement of Bitcoin (BTC) could trigger a price surge. IOTA co-founder Dominik Schiener has, in a 1-hour and six-minute video, shared extensive details about the vision of the project and possible exchange listings. In the video analyzed by CNF, Schiener commented on the news surrounding the victory of Donald Trump, claiming this marks a significant…

The Dubai Virtual Assets Regulatory Authority (VARA) has published a circular requesting that VASPs adhere to the AML requirements for the updated list of high-risk jurisdictions set by the FATF. In its communication, VARA requested that Virtual Asset Service Providers (VASPs) comply with all compulsory rulebooks, especially the Compliance and Risk Management Rulebook. As per the announcement, this is part of VARA’s mandate to assure market stability, which is in turn contingent on every participant’s financial robustness and responsible market conduct. These rules collectively allow the industry to operate on par with best-in-class international standards. VASPs required to comply with…

South Korea’s central bank has launched a pilot project that aims to digitize payment vouchers as part of its wider central bank digital currency (CBDC) trial. The Bank of Korea (BOK) announced the new pilot last week. The initiative seeks to expand the use cases of the upcoming digital won. BOK partnered with the Financial Services Commission (FSC) and the Ministry of Science and ICT on the initiative. It also involves some of the country’s largest banks, including Shinhan Bank, Kookmin Bank, Woori Bank and Nonghyup Bank. Vouchers are popular in many Asian nations, and South Korea is no exception.…

In a recent post, Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad,” shared some insights on how money reveals true character. The gist of his message was that wealth makes your existing traits more obvious. So whether you are greedy, kind or intelligent, those traits will be spotlighted when you have more resources. The underlying wisdom, according to Kiyosaki, is that smarter money management leads to greater wealth, while bad habits can lead to losses. WORDS of WISDOM : Money does make you who you are. MONEY REVEALS WHO YOU REALLY ARE: If you are greedy….more money…

Ethereum saw a significant 8% drop over the last 24 hours, creating mixed reactions from large holders or “whales.” These major players employ distinct strategies in response to the market shift, coinciding with the ongoing Devcon 2024, a significant event in the Ethereum ecosystem. While some whales withdraw large amounts of ETH from exchanges, potentially indicating a hold or accumulation strategy, others are depositing ETH back into exchanges, possibly preparing to sell. Here’s a closer look at two prominent whale actions and their potential market implications. Whales are taking different positions when #Ethereum dropped 8% (24H) despite the ongoing #Devcon…

Crypto investment products saw nearly $2 billion in post-election inflows, pushing year-to-date inflows to a record $31.3 billion, according to data from CoinShares. Crypto investment products recorded $1.98 billion in inflows following last week’s U.S. election, raising year-to-date inflows to a record $31.3 billion and bringing global assets under management to an all-time high of $116 billion, CoinShares reported on Monday, Nov. 11. This marks the fifth consecutive week of inflows, with the U.S. leading regional interest at $1.95 billion, followed by Switzerland ($23 million) and Germany ($20 million). Bitcoin led the inflows, attracting $1.8 billion last week and bringing…

Maneki, Moo Deng, and Sundog have surged between 40% and 55% over the past 24 hours as meme coins dominate crypto trading following Donald Trump’s victory in the U.S. presidential election for a second term. Bitcoin (BTC) jumping to a new all-time high above $76k to reach a new peak for the second day in a row has bulls rearing to go. The surge also saw 11k new Bitcoin millionaires emerge. However, meme coins have shown the largest gains among the top 500 coins by market cap, drawing significant attention. You might also like: Dogecoin price enters correction: could DOGE…