Author: NBTC
Leading cryptocurrency exchange Binance has announced that it supports the Kadena (KDA) network upgrade and hardfork, which will occur at block height 5,785,923, which is estimated to occur on April 30, 2025, 03:00. Binance to Support Kadena (KDA) Network Upgrade and HardFork on April 29 To ensure a smooth transition and optimal user experience during the network upgrade, Binance will suspend token deposits and withdrawals on the Kadena network starting at approximately 02:00 on April 30, one hour before the upgrade is scheduled to begin. Important Details: Trading of KDA tokens will not be affected during the upgrade. Binance will…
The price of bitcoin (BTC) price has recovered to $94,000 since hitting lows under $75,000 early this month. The surge is characterized by crypto whales, large investors with substantial capital, snapping up coins from the market, in activity seen as confirming the rally. The renewed demand from whales is evident in Glassnode’s proprietary Accumulation Trend Score, which reflects the relative size of entities actively soaking up new coins on-chain. A score of 1 indicates that, on aggregate, the entities are accumulating, while a value close to zero suggests otherwise. As of Thursday, wallets holding over 10,000 BTC had an accumulation…
Key Takeaways Cantor Fitzgerald collaborates with SoftBank, Tether, and Bitfinex for a $3 billion Bitcoin investment venture. The venture involves creating Cantor Equity Partners and replicating MicroStrategy’s crypto investment strategy. Brandon Lutnick, the son of US Commerce Secretary Howard Lutnick and Chairman of Cantor Fitzgerald, is teaming up with SoftBank, Tether, and Bitfinex to build a $3 billion Bitcoin venture aimed at capitalizing on a pro-crypto shift in US policy under President Donald Trump, according to a Financial Times report. The consortium plans to launch a new firm called 21 Capital using $200 million raised in January through the recently…
TRON founder Justin Sun claims the top spot on the TRUMP Leaderboard with $14.32 million worth of meme coins after registering his wallet for the exclusive dinner. The presidential meme coin project has officially published the $TRUMP Leaderboard, which showcases which addresses are among the top 20 to 40 holders in real time. As of April 25, an HTX cold storage wallet registered under the username SUN currently holds the largest amount of the president’s official meme coins. According to Lookonchain, this wallet allegedly belongs to Tron (TRX) founder Justin Sun. He currently holds 1,176,803 tokens, which is worth around…
Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC), is chasing down the crypto assets of Jermey Cahen, aka Pauly0x, while claiming that the disgraced crypto influencer is deliberately avoiding a $9 million judgment against him. The firm claims that Cahen is employing “dilatory tactics” and has tried to “sidestep his financial responsibilities” by moving bitcoin (BTC), ether (ETH), and pepecoin (PEPE), together worth almost $400,000, into four separate wallets. Attorneys for Yuga Labs requested that a California court issue a “Turnover Order.” This, if granted, requires Cahen to hand over the keys to these wallets to the…
Kraken, one of the largest crypto exchanges in the United States, has officially listed BNB, the native token of the BNB Chain ecosystem developed by Binance. This move has captured the attention of the crypto community. Still, it is also seen as a strategic turning point, potentially paving the way for a wave of BNB listings on other US exchanges like Coinbase, Gemini, and more. Legal Landscape: From Barriers to Opportunities US exchanges sidelined BNB for a long time due to legal concerns surrounding Binance, its parent company. In 2023, the US Securities and Exchange Commission (SEC) filed a lawsuit…
Bitcoin remained relatively quiet in the market today, showing little movement while many altcoins made moves. Despite the lack of action from Bitcoin, the overall market remained active, with traders turning their attention to altcoins that have seen strong and sometimes aggressive upward moves. This sideways movement from Bitcoin is not a concern and may actually be helping the altcoin market flourish. For now, Bitcoin is consolidating just below an important resistance level of $94,200, a level that traders have been watching closely. This level marks the golden ratio on the Fibonacci retracement scale, which is known to be a…
US President Donald Trump told reporters Tuesday night that he had “no intention” of firing Federal Reserve Chair Jerome Powell, and the markets didn’t wait long to react. That one comment from the White House kicked off an after-hours rally across stocks and crypto, reversing earlier tension that had been building after Trump spent the last week trashing Powell and calling for his removal. The president’s sudden but typical 180, after days of calling Powell a “major loser,” came hours after he’d demanded interest rates be cut and posted that Powell’s “termination cannot come fast enough.” Futures for the Dow…
Pi Coin (PI) is currently trading at $0.65, up slightly by more than 1% at the time of writing. While the broader crypto market is showing signs of strength, Pi Coin has remained relatively flat, trading within a narrow range of $0.60 to $0.68 in recent weeks. Despite the limited price movement, there’s excitement in the Pi Network community with the launch of a new game app, Fruity $PI, now live on the Pi Network Mainnet Ecosystem. The app adds to the growing number of decentralized applications being built on the Pi platform, aimed at improving user engagement and ecosystem…
The Department of Justice told a federal judge it plans to proceed with a securities fraud case against the founders of cryptocurrency Safemoon, despite an agency memo circulated earlier this month instructing federal prosecutors to avoid pursuing cases that would involve determining the securities status of crypto assets. In a letter sent Friday to the Brooklyn federal judge overseeing the case, DOJ attorneys said they had conducted an “internal review” of whether the department’s new crypto policies might implicate the Safemoon case, and concluded it should “proceed to trial on all counts.” In early April, the DOJ shuttered its crypto-focused…