Author: NBTC

According to WhaleAlert, one of the largest XRP transactions in recent days just hit the ledger without a trace of who could be behind it. Late Sunday, 50 million XRP — valued at over $113 million — moved from one untagged, unverified wallet to another with no link to any known exchange or institution. There was no announcement, warning or visible market preparation — just a cold, clean move that instantly raised red flags. Examining the sending wallet reveals more interesting details. It was not just some random trader with deep pockets; Ripple itself originally activated the address back in…

The Cyprus Securities and Exchange Commission has announced that about 10 firms dealing in crypto and foreign exchange have been blacklisted by the country. According to reports, the agency is intensifying its efforts against unauthorized brokers. In its statement, the agency said the blacklisted platforms were found guilty of offering illegal trading services in FX and digital assets without the necessary permission and authorization. In this round of blacklisting, the Cyprus SEC has also issued a new round of warnings against other unlicensed providers carrying out services in this sector of the industry. Cyprus SEC clamps down on unauthorized platforms…

Broken Bound, a prominent cross-chain financial entity based on Bitcoin and EVM ecosystems, has commenced a new partnership with Conflux Network, a well-known regulatory-compliant L1 blockchain. The collaboration focuses on redefining the Web3 gaming sector across Asia with regulation-friendly, scalable, and seamless gaming experiences. The platform provided the details of this development on its official social media account on X. 🚨 New Partnership Alert 🚨Broken Bound is officially partnering with @Conflux_Network — the leading regulatory-compliant Layer 1 blockchain in China 🌐Together, we’re powering the next wave of Web3 gaming:⚡️ Fast, scalable, low-fee gameplay🇨🇳 Seamless entry into the Asian… pic.twitter.com/2tvG01rxRC —…

Cryptocurrency analyst Joao Wedson noted that while Bitcoin has reached an all-time high in US dollar terms, other currencies have yet to reach that level. In his statement on his social media account, Wedson stated that the BTC/USD parity, which has the highest trading volume against the dollar, broke the record, but said that the same was not the case for other fiat currencies. According to Wedson, in order for Bitcoin to break records against other major currencies, it needs to rise at the following rates: 10.3 percent against the euro 11.5 percent against the British pound 11 percent against…

Ethereum’s price rose 6% to above $2,800, driven by Bitcoin’s rally to $112,000 and optimism around ETH whale activity. The gains came as over $500 million in leveraged positions, including $139 million in ETH, were liquidated. Institutional interest and increased buying could drive Ethereum’s price higher. Ethereum (ETH) rose a decent 6% in 24 hours to reach highs above $2,800, with the top altcoin buoyed by a broader market rally. This is after Bitcoin (BTC) soared to a new all-time high above $112,000. However, the sharp price movements triggered widespread liquidations, with over $500 million in leveraged positions wiped out…

Wall Street is quietly betting big on stablecoins, not as a crypto side hustle but as a full-blown replacement for bank wires and card networks. Today, Circle, which went public on the New York Stock Exchange earlier this month, saw its shares jump almost 8%, recovering from a brief dip. The stock has now surged over 600% since its IPO. That price action is coming at a time when big financial firms are laying new tracks to run global payments through stablecoins instead of traditional banks. The excitement around Circle didn’t happen in a vacuum. Bitcoin and ether have both…

Amidst a broader lull in the altcoin market, crypto airdrops remain a prevalent scheme for portfolio diversification. They provide an easy entry into promising projects, requiring little to no initial capital. As the second week of July commences, several projects have announced airdrop-related developments. The following is a list of projects with notable financial backing worth considering for airdrop opportunities this week. Backpack Backpack, a blockchain service project, is the first crypto airdrop opportunity to consider this week. The project boasts up to $37 million in funding and is backed by investors such as Delphi Ventures and Multicoin Capital. Jump…

Back in March 2024, Ripple CEO Brad Garlinghouse made headlines by declaring a win in Ripple’s long-running legal battle with the U.S. Securities and Exchange Commission (SEC). In a video message, Garlinghouse confidently said, “This case has ended. It’s over.” At that time, the SEC had decided to drop its lawsuit against Ripple, and it seemed like the fight was finally finished. But months later, new developments have raised fresh questions about whether that announcement came too early. What’s Happening Now? Since March, both Ripple and the SEC have been working through final legal steps. Ripple agreed to drop its…

According to Mickey Watkins, decentralized physical infrastructure network (DePINs) can potentially fill the void or blackspots that major telecoms have consistently failed to cover. DePINs can potentially offer an alternative to frustrated subscribers and a chance to earn an extra income. DePIN Market Projected to Reach $3.5 Trillion by 2028 The World Economic Forum (WEF) has projected that the decentralized physical infrastructure network (DePIN) market could skyrocket to $3.5 trillion by 2028, up from its current estimated value of $30 billion to $50 billion with more than 1,500 active projects worldwide. According to a report, a major driver of this…

Arthur Hayes (former BitMEX CEO and current CIO of Maelstrom) has made some bold bullish calls on Ethereum, suggesting it could reach $10,000. He shared a chart on X with a potential reversal point, suggesting that ETH could skyrocket. At the moment, Ethereum is sitting at around $2784. This isn’t the first time Hayes has been talking optimistically about Ethereum, especially in recent months. In late May, he called Ethereum the “most hated Layer-1”, saying that it’s usually best to be in the most hated asset at the turn of the cycle. Hayes then predicted that at the very least,…