Author: NBTC

Despite falling prices, the craze for trading dog and cat memes may be far from over—it’s simply branching out to new blockchains. Tron’s flagship meme coin, Sundog (SUNDOG), is flying high since launching on August 15, making waves on Crypto Twitter as the network’s first buzzy meme coin. At the time of writing, its market cap has surged to $126 million after peaking at $260 million. In a recent buying frenzy, a single whale invested $450,000 in Sundog, sending its price soaring. Entered at $50M mcap a few days ago, already hit $325M mcap. Agreed, this is $WIF speed. $SUNDOG…

Anthony Scaramucci, SkyBridge Capital founder, stated that Kamala Harris’s crypto approach was moving in the right direction. Harris has launched a crypto campaign called the Crypto4Harris recently since her nomination. The US political landscape has been closely watched by the crypto community over the last few months. With the approaching elections and mounting tensions, cryptocurrency has become a vital part of the elections. Both the Democrats and Republicans have transitioned to a pro-crypto stance. Recently, the founder and managing partner of SkyBridge Capital, Anthony Scaramucci commented on Kamala Harris’s crypto approach. The founder spoke in a CNBC Interview discussing the…

BlockFills, a crypto trading solutions provider, has announced a strategic partnership with New Change FX (NCFX), integrating the latter’s benchmark data and analytics feed into its product suite. BlockFills’ wants to bolster its offering for institutional clients in the rapidly evolving digital asset market. The collaboration comes as institutional investors increasingly seek reliable crypto data to inform their trading strategies. By incorporating NCFX’s market-neutral data, BlockFills is expanding its capabilities while maintaining the high standards expected in traditional finance. Nick Hammer, CEO of BlockFills “Our goal is to be the premier destination for institutions in the digital assets sector,” said…

Bitcoin’s recent price action has been a rollercoaster of highs and lows. However, even though bitcoin has set a new all-time high and had two years of a near-constant positive trajectory, we’re yet to see a consistent influx of retail investors. The potential for a surge in retail participation and the possibility of elevating the bitcoin price to unprecedented levels are prospects that many investors are anxiously anticipating. In this article, we’re going to explore when we might see these retail investors dive back into the bitcoin pool and whether their return could indeed propel BTC to even greater heights.…

It’s only been six months since Ethereum, the dominant smart-contract blockchain, had its last major upgrade. But there are so many developer priorities for what to tackle next that there’s a growing realization they can’t all happen at once. So now, Ethereum developers are considering dividing the highly anticipated Pectra upgrade into two parts. Pectra was on track to be Ethereum’s biggest hard fork to date. (A hard fork, in this case, is the technical blockchain term for the software upgrade.), But some developers argue that the entire package of new features has become unwieldy, and they have expressed a…

Data from CoinShares shows a reversal in crypto investment trends, with $436 million in inflows following weeks of outflows. Cryptocurrency investment products experienced their first reversal in weeks, with inflows reaching $436 million after a period of $1.2 billion in outflows. The surge in inflows, observed towards the end of the week, is attributed to shifting market expectations of a potential 50 basis point interest rate cut on Sept. 18, CoinShares CoinShares head of research James Butterfill noted, adding that the sentiment prompted by comments from former NY Fed President Bill Dudley. Despite the wave of inflows, trading volumes in…

Neo SPCC has released its development update for June and July 2024, highlighting several key advancements and latest releases across its projects. The update discusses two releases of NeoGo, aimed at enhancing compatibility and functionality. Version 0.106.2 was tailored for the Domovoi hardfork and aligned with Neo core version 3.7.5, while version 0.106.3 introduced various upgrades and bug fixes that affected state compatibility on the TestNet. One of the most notable developments is the team’s exploration of storing Neo N3 blocks on NeoFS, its decentralized object storage solution. A prototype has been developed that can fetch stored blocks and use…

Robinhood’s Chief Legal Officer Daniel Gallagher criticized the US Securities and Exchange Commission’s (SEC) approach to crypto regulation in written testimony submitted for a Sept. 18 hearing before the House Financial Services Subcommittee on Digital Assets. Gallagher detailed Robinhood’s efforts to comply with SEC regulations, citing over a dozen meetings and calls over 18 months. However, despite these efforts, the company received a Wells notice from the SEC’s Enforcement Division in May. He pointed out that the SEC staff were often unresponsive to Robinhood’s requests for guidance on moving forward with its registration proposal. ‘Scorched earth approach’ Gallagher labeled the…

We’re nearing the conclusion of several crypto bankruptcies, including those of BlockFi and FTX. FTX will have a hearing early next month that could see its reorganization plan confirmed by the court. Earlier this summer, the estate said that the plan received support from creditors, though it’s a bit controversial. Pending the outcome of the confirmation hearing, the bankruptcy could be wrapped up as soon as the end of this year. And it’s not the only bankrupt firm that’s nearing the finish line. BlockFi is also getting closer to bringing its proceedings to a close. Read more: FTX’s bankruptcy isn’t…

Grayscale Investments disclosed Friday that its flagship Bitcoin fund has shed more than 348,000 Bitcoin in its past two quarters as investors bail for other funds. That’s a sum valued at around $22.4 billion based on today’s prices. Not long before the Grayscale Bitcoin Trust (GBTC) converted into a spot Bitcoin ETF in January, the fund held close to 620,000 Bitcoin. In a regulatory filing with the Securities and Exchange Commission (SEC), Grayscale stated that figure has since fallen below 276,000. From December’s end through June, the decrease in GBTC’s Bitcoin holdings represents 55% of its starting stash, as other…