Author: NBTC
Strategy’s stock has been surging alongside Bitcoin’s gains lately. MSTR surged 7% today and 75% in the last month despite massive losses in early March and Q1. Critics are growing increasingly wary of the company, as its debt obligations may become unstable soon. Nonetheless, its valuation has been rising consistently in the weeks preceding this milestone. Strategy’s Bitcoin Bet Pays Off Bitcoin reached $100,000 today, potentially marking a turnaround for the crypto industry. Strategy, the largest corporate holder of Bitcoin, can breathe easily in spite of persistent bearish rumors. The firm recently reported massive Q1 losses, but its stock valuation…
As the crypto market trades in the green with gains across the board, XRP is also climbing, currently at $2.21, up 2.8% in the past 24 hours. Ripple has been making headlines, and the latest one was because of its bid to acquire Circle. ETF talks have also taken center stage, and analysts have raised the chance of a spot XRP ETF being approved in 2025 to 85%, There were speculations that Tuttle Capital’s 2x LONG XRP ETF went live on May 7. However, crypto influencer John Squire quickly cleared the air. He shared a copy of the SEC filing,…
The U.S. legislation that would establish stablecoin regulation failed to take a huge step closer to reality on Thursday as a rush of Democratic resistance kept the bill from moving into a debate phase, which would have been the path toward an eventual vote on passage. The crypto industry has been closely watching the Senate, where the fate of its long-fought legislative battle hangs in the balance this year. The first of two major digital assets bills — this one to regulate stablecoins such as Circle’s USDC and Tether’s USDT — ran into a congressional roadblock, despite having easily won…
Hey crypto enthusiasts! Get ready for a quick heads-up from one of the world’s largest crypto exchanges. Binance has just dropped an important announcement regarding the popular Tron network and its native token, TRX. If you hold or trade TRX on Binance, this affects you directly. Let’s dive into the details of the upcoming Binance TRX suspension and what it means for your transactions. What’s Happening with the Binance TRX Suspension? Binance has officially stated on its website that it will temporarily halt token deposits and withdrawals specifically on the Tron Network (TRX). This isn’t a permanent change, but a…
Renta Network is excited to announce its strategic alliance with Ponder, taking a significant step toward the innovation of intelligent decentralized finance (DeFi). This groundbreaking partnership aims to link real-world asset (RWA) rentals with that of intelligent automation. By doing this, the synergy will introduce more efficiency to tokenized assets, so that, users can explore and interact with them like never before. 🚀 Smarter Together: Renta x Ponder — Where AI Meets Real-World AssetsWe’re thrilled to team up with @PonderLabsAI — a project that’s redefining Web3 discovery with powerful AI-driven comparison tools.This partnership brings Renta’s rental ecosystem into Ponder’s intelligent……
As Bitcoin once again approaches six figures, the words of its enigmatic creator, Satoshi Nakamoto, have resurfaced. In a recent tweet, Alex Thorn, Head of Research at Galaxy, revisited the Bitcoin creator’s now iconic statement, which precisely expresses Bitcoin’s current sentiment: “It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophecy.” “It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.” – Satoshi Nakamoto on Bitcoin — Alex Thorn…
Markets were flashing green on Thursday as trade tensions eased following confirmation of a trade agreement between Washington and London. The Dow Jones Industrial Average gained 254 points, or 0.62%, while the S&P 500 lagged slightly with a 0.58% gain. The Nasdaq outperformed, climbing 1.07%. Shares of Alphabet also rose after the company released a report stating its search traffic remains strong, despite earlier claims from an Apple executive that Safari search usage is declining due to rising AI adoption. Bitcoin (BTC) traded above the $100,000 mark for the first time since early February. Trade deal ‘in the coming weeks’…
Solana-based meme coin project Catwifhat (CWIF) outpaces Shiba Inu (SHIB) in terms of relative supply burned. Many crypto enthusiasts consider Shiba Inu the most ‘flammable’ crypto project in the market. This is because the community has permanently removed over 410 trillion SHIB tokens from its supply since its launch in August 2020. However, Catwifhat recently gained attention as the number-one Solana token extension burn project, having burned a greater percentage of its total supply than Shiba Inu. This indicates that Catwifhat has destroyed a significantly higher portion of its token supply in relative terms. CWIF Burn Catfwifhat’s official X handle…
Celsius founder Alex Mashinsky has been sentenced to 12 years for his role in Celsius’ token manipulation, but won’t be imprisoned until after his daughter’s wedding. That’s according to coverage from Matthew Russell Lee, representing Inner City Press. Judge Koeltl sentenced Mashinsky and ordered him to forfeit $48 million and nine properties. Before the sentencing, Lee reported that Judge Koeltl agreed to let Mashinsky go to Tennessee later this month to attend his daughter’s wedding in Memphis. Approving this request means he won’t be remanded until September 12. Mashinsky’s lawyers argued that “a 15-year sentence for a 60-year-old combat veteran…
South Korean crypto exchange Upbit has announced new trading support for Celestia (TIA) and io.net (IO) and expanded its listing services on the Korean won (KRW), Bitcoin (BTC), and Tether (USDT) markets. Upbit Adds Marketplace Support for Celestia (TIA) and IO.net (IO) Listing Details Celestia (TIA) will be available for trading on KRW, BTC, and USDT trading pairs. IO.net (IO) is only supported on BTC and USDT trading pairs. Upbit advises users to carefully check network compatibility before depositing funds, reminding that deposits cannot be made on unsupported networks and may result in delays or loss of funds. To ensure…