Author: NBTC
BlackRock made a major move by purchasing $276.16 million worth of Ethereum on Feb.4. The asset management giant BlackRock acquired approximately $276.16 million worth of Ethereum (ETH) on Feb. 4, as reported by Crypto Rover on X. 💥BREAKING: BlackRock bought $276.16 MILLION worth of #Ethereum yesterday.THIS IS MASSIVE!😱 pic.twitter.com/jyQ7p9dqVX — Crypto Rover (@rovercrc) February 5, 2025 This acquisition is part of BlackRock’s continued expansion of its Ethereum holdings in recent weeks. On Jan. 31, the firm purchased 24,529 ETH worth $83.24 million, followed by another 17,261 ETH worth $56.65 million on Feb. 1, bringing its total two-day acquisition to 41,790…
XRP is up 15% in the last 24 hours, reaching a price not held since 2018 as trading volumes and meme coin prices on the XRP Ledger both surge higher. The Ripple-linked XRP has significantly outperformed other major crypto assets in the last week, gaining by 28% in that time and rising to the third overall cryptocurrency ranked by market cap. It rose as high as $2.99, a seven-year high for the coin, though it has since dipped to $2.95. The move comes amid rising optimism about the approval of XRP ETFs, which could collectively pull in “billions” of dollars…
In a major move that has gained the attention of the crypto community, 19,037 ETH (worth over $53 million at current prices) has recently exited major crypto exchange Coinbase to a brand new Ethereum wallet. According to the blockchain data tracker Whale Alert, “19,037 ETH worth $53,538,431 transferred from Coinbase to an unknown new wallet.” 🚨 🚨 🚨 19,037 #ETH (53,538,431 USD) transferred from #Coinbase to unknown new wallethttps://t.co/ntwfu2ibNY — Whale Alert (@whale_alert) February 5, 2025 Bearing in mind that withdrawals from exchanges might reveal buying while deposits refer to selling, a whale or large holder might be accumulating ETH.…
U.S. President Donald Trump has reportedly amassed $802 million in digital assets since launching the TRUMP memecoin. Trump Team Holds Billions in Memecoins U.S. President Donald Trump has amassed digital assets valued at $802 million since launching the TRUMP memecoin over two weeks ago, according to Conor Grogan, a director at Coinbase. More than half of these assets, totaling $482 million and consisting of USDC, SOL, and the memecoin, have been transferred to exchanges, he said. In a Feb. 3 post on X, Grogan revealed that Trump’s team holds $240 million in USDC stablecoins in out-of-range liquidity, with an additional…
Nexo, a prominent digital assets platform, has unveiled its ambitious 2025 roadmap after a successful 2024, as learned by Finbold on Wednesday, January 15. The new roadmap emphasizes global expansion, AI-driven innovation, brand sponsorships, and traditional finance integration, which will secure Nexo’s status as a leading digital wealth platform. Beyond 2024 In 2024, Nexo achieved several major milestones, such as processing $1.5 billion in crypto loans, awarding over $250 million in interest to NEXO Token holders, and distributing more than $21 million in exchange cashback rewards. Furthermore, 2024 saw a 96% rise in Nexo Card adoption. Nexo’s 2025 roadmap aims…
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is poised for a massive upside rally. It has recently formed a bullish price action pattern on a monthly time frame. A crypto expert posted on X (formerly Twitter), sharing an ETH chart and highlighting how it mirrors Bitcoin’s (BTC) chart before its explosive 2024 surge. Ethereum (ETH) Mega Breakout In a post on X, the expert noted, “ETH’s current market structure looks strikingly similar to Bitcoin’s setup before its previous cycle’s major breakout.” Additionally, he stated that if the pattern holds, a big move could be on the horizon. Time…
Cryptocurrencies tumbled early Tuesday after China announced its retaliatory measures against the U.S., including a probe into Google and new levies on American goods. Crypto is still reeling from the global market rout that saw over $2.2 billion in liquidations caused by investor uncertainties following tariffs from the U.S. The top 10 cryptos excluding stablecoins have reacted negatively to the news with Dogecoin leading losses, down 5.8%, followed by XRP’s 5.1% decline. Bitcoin showed relative resilience, dropping just 1.3% to $98,934, CoinGecko data shows. It follows Asia media reports, including the South China Morning Post, which stated Beijing had announced…
This is a segment from the Empire newsletter. To read full editions, subscribe. There are three certainties in crypto life. Hacks, taxes and memecoins tied to every mildly interesting aspect of pop culture. So, with social media enjoooyers in the US preparing for a potential life without TikTok, it’s no surprise that there’s already a memecoin. The Supreme Court is currently mulling a bipartisan bill passed last year that would force TikTok’s owner — the Chinese tech giant ByteDance — to sell the app to a US company by Jan. 19, citing national security concerns around influence and spying. It…
A top cryptocurrency analyst and trader is warning that Bitcoin (BTC) may plummet if it loses one key level to the downside. The analyst pseudonymously known as DonAlt tells the 65,100 subscribers of the Technical Roundup YouTube channel that Bitcoin could correct more than 13% from its current value. However, he warns if Bitcoin cannot hold $80,000 as support, a bearish trend may persist. “It would be good if [Bitcoin] held $95,000. If not, and if all of this breaks down, you’re basically out of luck in terms of support. And then you have to look in here for new…
Galaxy Digital (GLXY), the cryptocurrency trading company helmed by Mike Novogratz, is bringing its blockchain staking capabilities to regulated custody specialist BitGo Trust, despite the legal spat between the two firms. It makes sense to play nice: The deal brings Galaxy’s staking and validator services, which handle over $4 billion billion in staked crypto assets, to BitGo’s institutional custody clientele, enabling investors to earn staking rewards while also using the assets as collateral for loans and trading on Galaxy’s platform. Galaxy abandoned a deal to acquire BitGo in early 2023, which saw the custody firm file a $100 million lawsuit…