Author: NBTC

Investors are curious about the BTC and altcoin portfolios of giant corporate companies that affect the Bitcoin price with their Bitcoin purchases and sales or moves. At this point, cryptocurrency analysis company Arkham said in its post that it detected the Bitcoin wallets of Tesla and Spacex, giant companies owned by Elon Musk. According to Arkham’s data, Tesla currently has 11.51 thousand BTC worth $780 million in 68 addresses, while SpaceX has 8.29 thousand BTC worth $560 million in 28 addresses. “Breaking News: Tesla & Spacex Now in Arkham! Arkham identified Tesla and SpaceX’s BTC holdings. We are the first…

A seismic shift rippled through the XRP community today as a colossal transfer of 18.73 million XRP, valued at a staggering $11.26 million, rocked major cryptocurrency exchange Binance. Detected by Whale Alert, this mammoth transaction has sent shockwaves across the market, leaving many investors speculating on its implications. The substantial withdrawal, making its way to the address “rarG6F,” a familiar destination with a history of transactions dating back to Jan. 3, has left many puzzled. Currently, the address holds a substantial 35.4 million XRP tokens. 🚨 18,725,121 #XRP (11,262,655 USD) transferred from #Binance to unknown wallethttps://t.co/R4tEWZJGt0 — Whale Alert (@whale_alert)…

CFTC Chair Rostin Behnam said if Congress passes the FIT Act, he was “confident” that his agency could build a regulatory framework within 12 months. “This notion of crypto going away, I think, is just a false narrative,” Behnam said. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam reiterated his longstanding call for Congress to pass legislation addressing regulators’ jurisdictions in the crypto industry during an annual appearance before the House Agriculture Committee. “We need to fill the gap in crypto regulation,” Behnam said Wednesday, pointing to bitcoin’s (BTC) recent price action. He added that expecting “another period of irrational…

An aggressive airdrop farming campaign helped elevate Portal to become the biggest gaming token launch so far this year. Now BlockGames, a mobile-centric crypto gaming platform, is attempting to follow a similar playbook as it gears up to launch its BLOCK token. BlockGames launched its BLOCK airdrop farming campaign on Friday, incentivizing hopeful token recipients to spread the word about the platform. And many of them are doing so, over and over and over again, much as they did with Portal. Billed as a SocialFi experience, BLOCK farming lets users connect a Twitter account via the BlockGames mobile app, and…

A notable shift seems imminent for the Bitcoin (BTC) price, according to renowned crypto analyst Willy Woo. With a history of accurate predictions under his belt, Woo has ignited the community with a new forecast that suggests Bitcoin is on the brink of a monumental surge. This prediction comes on the heels of the recent approval of spot Bitcoin ETFs, a development Woo believes could funnel significant capital into the digital currency. Willy Woo took to X (formerly Twitter) to share his insights, drawing parallels between Bitcoin’s past and its potential future. He recounted that in July 2010, BTC was…

Wormhole, an interoperability platform that supports multi-chain applications and bridges at scale, announced the airdrop of its native token W. According to the official statement, the upcoming airdrop of Wormhole’s native token W marks the next step in the decentralization of the protocol. W will have a supply of 10 billion tokens with an initial circulation supply of 1.8 billion and will be distributed across 5 initial chains in ERC20 and SPL formats: Ethereum, Solana, Arbitrum, Optimism and Base. The token will be allocated to six main categories: Guardian Nodes, Community and Launch, Core Contributors, Ecosystem and Incubation, Strategic Network…

The Securities and Exchange Commission has announced a settlement with ShapeShift.ShapeShift was originally known as an early crypto exchange that allowed users to swap cryptocurrencies without needing an account. According to the SEC, the company — which wound down its traditional corporate structure in 2021 — offered and sold some securities. Though the settlement states that customers had access to 79 tokens, the SEC declined to specifically name which tokens the commission believes are securities. As part of the deal, ShapeShift agreed to pay $275,000 to the SEC. Read more: US judge questions SEC limits during Coinbase hearing SEC Commissioners…

After hitting an all-time high, Bitcoin (BTC) has experienced volatility, and the market anticipates the next price action at a time when several catalysts, including the upcoming halving, support the maiden cryptocurrency. In assessing Bitcoin’s next price target, crypto trading expert Trading Shot established potential price targets in a TradingView post on March 7 based on the asset’s historical patterns observed since the bottom of November 2022. According to the expert, Bitcoin has exhibited a consistent pattern since the bottom, characterized by a substantial approximately 100% surge, followed by a triangle formation that foreshadows the rally’s peak. Subsequently, there is…

Terra Luna Classic developer Genuine Labs resubmits a revised proposal for major core updates to boost security, functionality, and interoperability. The security upgrade package from Genuine Labs includes improvements and optimizations to Wasmd, IBC Go, and Cosmos SDK. Terra Luna Classic Set For Major Upgrade Proposal 12088 “Genuine Labs’ security upgrade packages” set for governance voting on Station wallet. After notable developers raised concerns over the odds of successfully upgrading to Cosmos SDK 0.50.1, the developer group will first upgrade to Cosmos SDK 0.47 in the major core upgrade. The proposal now outlines the strategic upgrade to Cosmos SDK 0.47.10,…

The U.S. Internal Revenue Service (IRS) is gearing up for a new campaign to tackle the digital assets industry and the tax implications that come with it. To prepare for collecting crypto tax, the IRS recently hired industry veterans Sulolit “Raj” Mukherjee and Seth Wilks to serve as executive advisers for the agency. Mukherjee previously worked as global head of tax at blockchain software company ConsenSys and served as an executive at the US arm of crypto exchange Binance while Wilks previously served as vice president of government relations at crypto tax software firm TaxBit. Doug O’Donnell, IRS Deputy Commissioner,…