Author: NBTC
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in burn rate within the last 24 hours. According to the Shibburn X account, 30,067,245 SHIB tokens were burned in the last 24 hours, representing a 951.63% surge in the daily burn rate. HOURLY SHIB UPDATE$SHIB Price: $0.00002205 (1hr -0.22% ▼ | 24hr -4.46% ▼ )Market Cap: $13,009,105,428 (-4.57% ▼)Total Supply: 589,256,859,680,246TOKENS BURNTPast 24Hrs: 30,067,245 (951.63% ▲)Past 7 Days: 90,978,818 (41.22% ▲) — Shibburn (@shibburn) January 19, 2025 A total of 90,978,818 SHIB were burned in the last seven days, yielding a 40% surge in the weekly burn rate. Despite the…
Howard Lutnick, Donald Trump’s nominee for commerce secretary, has said that stablecoins, including Tether, should get an audit from a United States firm. Senator Maria Cantwell (D-WA) asked Lutnick to clarify regulations that would ensure that stablecoins were adequately reserved. Lutnick responded that he believes audits and holding treasuries as collateral are adequate to ensure this. Lutnick’s firm, Cantor Fitzgerald (from which he intends to divest if nominated), owns a convertible bond from and holds substantial reserves for Tether, the world’s largest stablecoin. Tether has promised since 2014 that it will complete a financial audit; over a decade later, it…
Transak, a leading provider of crypto-to-fiat transfers and conversion infrastructure, has shared the details of its recent integration with MiniPay, Opera’s dollar stablecoin wallet. Transak fiat infrastructure live in Opera’s MiniPay app Transak, a global fiat-to-crypto payments infrastructure vendor, has entered into a strategic collaboration with Opera’s MiniPay, a popular end-user USD stablecoin wallet built on the Celo blockchain. If you’re new around here: We’re Transak—your bridge to #Web3, connecting fiat to crypto worldwide.Welcome Onboard! https://t.co/JJfJYiU1gk — Transak (@Transak) January 20, 2025 As the partnership kicks off, Transak enables operations with Celo Dollar (cUSD), Tether USD (USDT) and USD Coin…
GoPlus Security, an on-chain security intelligence provider, has announced its strategic partnership with Virtuals Protocol, a prominent platform for AI-driven Web3 automation. This collaboration is a remarkable advancement in artificial intelligence (AI) and on-chain security. It strives to bridge groundbreaking security intelligence and AI agent space. 🚀 GoPlus x @virtuals_io: Strengthening On-Chain Security!We’re excited to partner with @virtuals_io to bring advanced on-chain security intelligence to the AI agent space.Together, we’re building a safer and smarter Web3 AI ecosystem. Let’s shape the future, securely. 🤝 pic.twitter.com/BPlITU4jyM — GoPlus Security (@GoPlusSecurity) January 30, 2025 This advancement will integrate smarter and more secure…
As the Fed begins its two-day meeting this week, investors are not expecting a rate cut. However, with the stock market in an unstable position, all eyes are on Fed Chairman Jerome Powell’s speech after the meeting, which could provide critical information about the central bank’s stance on inflation and future policy moves. The FED’s interest rate decision will be announced tomorrow at 22:00 TSI (UTC+3). FED Chairman Jerome Powell will hold a press conference at 22:30. “Powell’s tone on inflation will be critical for Wall Street,” said John Belton, portfolio manager at Gabelli Funds. “Investors need to hear that…
A whale with the address “Fpj236…uVJr” is making headlines after depositing 1.27 million $TRUMP tokens into the OKX exchange. The value of these tokens is worth $43.9 million. The whale earned a profit of $29.6 million on this transaction, according to Lookonchain. With this move, the $TRUMP token has certainly created a lot of hype in the crypto market. Whale “Fpj236…uVJr” deposited all 1.27M $TRUMP ($43.9M) into #OKX an hour ago, with a profit of $29.6M!https://t.co/RN5fXx11CW pic.twitter.com/4HyHZSHgou — Lookonchain (@lookonchain) January 19, 2025 Traders Eye Gains, But $TRUMP Token Volatility Raises Warnings Many traders are eagerly hoping the recent surge…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. I know it’s a Fed rate decision day, but let’s also take a moment to go over the latest crypto ETF filings. Solana and XRP ETF proposals appeared not long after the milestone US spot bitcoin and ether ETF launches of 2024. Movement on a litecoin fund plan preceded REX Shares and Osprey last week proposing ETFs that would hold assets including DOGE, BONK and Trump’s memecoin. Tuttle Capital Management — further testing the limits — more recently floated leveraged ETFs linked to 10 different crypto…
Following successful partnerships with DZ Bank and Intesa Sanpaolo, the Stuttgart Stock Exchange is also in talks with other institutional investors to expand its cryptocurrency trading infrastructure. Stuttgart Stock Exchange Expands Crypto Trading Infrastructure, Targets More Institutional Clients The exchange aims to position itself as a key infrastructure provider for banks and brokers looking to enter the crypto space. “We are in talks with banks and brokers across Europe about potential cooperation in the crypto space. Some talks are already well underway,” Börse Stuttgart CEO Matthias Voelkel said in an interview. Italian banking giant Intesa Sanpaolo recently completed its first…
In a major development for the cryptocurrency ecosystem, Galaxy by Swing has announced the integration of the Celo blockchain into its platform, allowing users to bridge assets effortlessly between Celo and major Ethereum Virtual Machine (EVM) chains. This new feature enhances Galaxy’s cross-chain capabilities, making it easier than ever for users to swap and move assets seamlessly across different blockchain ecosystems. With Celo now supported, Galaxy users can engage in a wider range of decentralized finance (DeFi) activities, further expanding the platform’s reach and usability. 🌌 New Chain Unlocked: @Celo is Now on Galaxy!✨Move assets effortlessly between Celo and major…
Cliff Asness, co-founder of AQR Capital Management, labeled Bitcoin a speculative bubble following its meteoric rise to over $100,000 after the November 2024 U.S. presidential election. Asness said he remains skeptical of Bitcoin’s (BTC) long-term value due to the absence of clear, practical uses beyond speculation and illicit activities. “I’m on the bubble side, on the net,” Asness said on CNBC’s Money Movers, “To move me off that, you really need not a price change, but a use case. That’s what could convince me to become maybe more of a crypto person when I find any use for it, aside…