Author: NBTC
WikiBit, a global crypto regulatory info provider, has announced its strategic partnership with SunPump. It marks an exciting development to redefine the landscape of memecoins. This alliance paves the way for investors and memecoin enthusiasts to host a new era of transparency, enjoyment, and fairness. SunPump is a leading platform for memecoin launch on the TRON network. Combining their expertise both FinTech are aimed to revolutionize the memecoin launches on TRON. 📢Partnership Announcement WikiBit Official is thrilled to announce a partnership with SunPump!@sunpumpmeme is the first memecoin fair launch platform on TRON. Get ready for a new era of transparency,…
The launch of Bitcoin ETFs in January 2024 was heralded as a groundbreaking moment for the market. Many expected these products to open the floodgates for institutional capital and catapult Bitcoin prices to new heights. But now, a year later, have Bitcoin ETFs delivered on their promise? For a more in-depth look into this topic, check out a recent YouTube video here: Have Bitcoin ETFs Lived Up to Expectations? A Strong Start Since their launch, Bitcoin ETFs have accumulated over 1 million BTC, equivalent to approximately $40 billion in assets under management. Even when accounting for outflows from competing products…
The NFT sector is reportedly going through a robust uptrend. As per the data from CoinGecko, the NFT realm has outpaced the crypto assets with the 24-hour upsurge of 10.7% in total market capitalization while crypto realm’s stands at 5.6%. The crypto data aggregator took to social media to provide the details of the latest NFT growth. Gm geckos 💚NFTs look greener than cryptocurrencies today, with their market cap up 10.7% compared to the total crypto market cap, which is only up 5.6% in the last 24 hours. pic.twitter.com/7jJWAANMVO — CoinGecko (@coingecko) February 4, 2025 NFT Sector Outperforms Crypto Sector…
Today, the broader digital asset market experienced a slight recovery after significant slumps in the past few days. Its broader market valuation witnessed a 2.57% increase to $3.21 trillion. However, its market volume saw a 23.62% decrease to $241.16 billion. Meanwhile, the fear and greed index responded positively, as it surged to 72, highlighting improved investor enthusiasm in the digital asset market. The recovery came after US President Trump temporarily halted a recent proposal to introduce heavy taxes on goods imported from Canada and Mexico. Since Saturday, the plan to impose such hefty tariffs triggered fear in the global markets,…
XRP’s network has recently garnered much attention among the community, and on-chain metrics show that large-value transactions are on the rise. As reported by Ali Martinez, an on-chain analyst, the number of transactions on the network has risen to above $1 million in the last few days. According to Martinez, within one day, Santiment registered 341 transactions of more than $1 million. These high volume value transfers are believed to be made by XRP whales, individuals or entities with large number of XRP holdings. Their entry demonstrates a pick up in market participation and confidence. XRP price new high XRP…
In these days, the price of Bitcoin (BTC) is floating in a sort of Limbo where it is difficult to understand which direction it wants to take. In some ways, it indeed seems to be able to awaken, but in others, it seems heavily hindered by external factors. The result is that it is not clear where it wants to go, even though to be honest the short-term sentiment seems quite negative. The Limbo of Bitcoin (BTC) Price The decline in the price of Bitcoin (BTC) A period of accumulation? A possible rebound in the price of Bitcoin (BTC)? The…
Tether Hits $13 Billion Profits for 2024 And All-Time Highs in U.S. Treasury Holdings, USD₮ Circulation, and Reserve Buffer in Q4 2024 Attestation Read more: https://t.co/1CRfIK5XR0 — Tether (@Tether_to) January 31, 2025 Paolo Ardoino, the head of the firm, specified that $6 bln was earned in the last quarter alone. The company’s direct and indirect investments in U.S. Treasuries reached a record high of $113 billion. For the fourth quarter of 2024, Tether issued $23 billion worth of USDT, increasing its total issuance to $45 billion by the end of the year – comparable to Circle’s USDC capitalization. Excess Stablecoin…
Bitcoin, the top cryptocurrency by market capitalization, recently secured 13 green hourly candles in a row, according to data provided by Vetle Lunde of K33 Research. Notably, this is the longest streak of green houry candles recorded by the flagship cryptocurrency since Jan. 1, 2017. Blockstream CEO Adam Back believes that this could be time-weighted average price (TWAP) buying. “Someone big or institutional buying. Not sure who would sell to them at these prices though!” he said on social media. He further suggested that MicroStrategy co-founder Michael Saylor or an institutional player could be using this dip in order to…
HTX shareholder Justin Sun has claimed that there were irregularities in the sale of co-founder Li Lin’s share of the cryptocurrency exchange. HTX was formerly known as Huobi. The disclosure came in the middle of a string of posts on X touting the Decentralized USD (USDD), a stablecoin backed by subsidies of Sun’s Tron platform. In one of the posts, Sun says (translated from Chinese) that “even if Li Lin uses it, he can leave unscathed; USDD will give him every penny of the interest!” In the post, Sun continues by saying Li “concealed due diligence materials, creating a $30…
Litecoin is reportedly set to see its first Exchange Traded Fund (ETF) approved by the U.S. Securities and Exchange Commission (SEC). According to ETF analyst Eric Balchunas, the S-1 application form for the Litecoin ETF has received a response from the SEC, which seemingly supports predictions that Litecoin is most likely to become the next approved cryptocurrency ETF. Further highlighting the perceived optimism surrounding the SEC’s new chair, Paul Atkins, Balchunas added, “Having said that, the new chairman of the SEC has not yet taken office, which is a huge variable.” Litecoin ETF Receives SEC’s Approval? We had heard chatter…