Author: NBTC
In a move that has captured attention in the crypto market, a whopping 20 million XRP has been moved within the last 24 hours from one of South Korea’s leading crypto exchanges, Upbit. According to the blockchain data tracker Whale Alert, 20,000,000 XRP, valued at approximately $11,733,269, was transferred from Upbit to an unknown wallet. This substantial transfer has ignited speculation about the possible motivations and plans of the whale behind this acquisition. 🚨 20,000,000 #XRP (11,733,269 USD) transferred from #Upbit to unknown wallethttps://t.co/GSOIZewqvv — Whale Alert (@whale_alert) September 15, 2024 Large transfers from exchanges to wallets are often seen…
In an important development to facilitate the Web3 consumers Laika AI has commenced a collaboration with Orbofi. The partnership aims at simplifying access to resilient AI-driven analytics and tools to empower consumers within the Web3 sector. The platform took to its official social media account to announce this collaboration. Laika AI Provides Cutting-Edge AI Compatibilities to Web3 Users in Partnership with Orbofi Laika AI mentioned that its partnership with Orbofi permits developers and users to develop customized AI agents. This bridges the gap between the AI companions and users via decentralization. As a part of this collaboration, Orbofi and Laika…
Anthony Scaramucci, founder of SkyBridge Capital, believes the recent Bitcoin sell-off lacks a rational basis and stems from some investors viewing Bitcoin as a “risk-on” asset. In a recent X post, he argued that the dip was driven by reactions to market volatility in tech stocks rather than any specific issue with Bitcoin itself. This is why it matters that @BlackRock is better than anyone at articulating to its clients why #bitcoin is a diversifier and a hedge, and not “risk on”. Yesterday bitcoin sells off for no good reason (“because tech is down!”) and all other bitcoin ETFs see…
The crypto industry contributed over $200M to 2024 U.S. presidential candidates, aiming to influence future regulatory policies. Trump’s campaign received major support from crypto leaders, including $6.4M from Bitcoin investor Howard Lutnick and $2M from the Winklevoss twins. Elon Musk’s America PAC has backed Trump with $72M, showing alignment with his policies and boosting the role of crypto in the election. The cryptocurrency sector has made a significant mark on the 2024 U.S. presidential race, contributing over $200 million to support key candidates. New figures from the Federal Election Commission (FEC) reveal that these contributions are spread across political action…
Popular Solana NFT project DeGods has announced the release of its highly anticipated DEGOD tokens in collaboration with NFT marketplace Sniper. This launch aims to integrate the entire DeGods ecosystem, including y00ts and DUST, into a single unified entity. The new DEGOD token economy will allow users to convert their NFTs or tokens into DEGODs as follows: Each DeGods NFT can be exchanged for 550,000 DEGOD tokens. Each y00ts (Fuzzy DeGods) NFT can be burned to convert into 120,000 tokens. Each DUST token can be burned and converted into 36 tokens. In terms of distribution, 85% of the total tokens…
From Oct. 1 to Oct. 31, 2024, a total of 1,970.401 BTC was spent from vintage wallets originally created between 2010 and 2017, according to the latest metrics. Dormant Bitcoin Wallets Show Restraint In September, long-quiet bitcoin wallets suddenly woke up, releasing 4,066.81 BTC back into the crypto stream. While bitcoin (BTC) prices rose by 10.76% through October, fewer vintage bitcoins were on the move. Data shows that 1,970.401 BTC—worth around $137 million—transferred to fresh addresses, hinting at possible sales. According to btcparser.com, a total of 64 such transactions occurred, with most of the sum stemming from addresses dating back…
Crusoe Energy is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. VC Firms Pour Billions into AI Startups Crusoe Energy, a vertically integrated artificial intelligence (AI) infrastructure company, is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. The capital, which values the startup at $3 billion, will be used to bolster Crusoe Energy’s AI infrastructure. According to a report, the startup’s valuation has doubled in two years. The announcement of the capital raise comes just weeks after Crusoe Energy announced a $3.4…
Catizen’s path to its upcoming token launch on September 20 has been rocky, with players complaining about a previous delay and other moves. But now some players are up in arms again after the airdrop allocations were revealed, with developer Pluto Studio admitting to criteria changes that weren’t disclosed ahead of time. Pluto revealed to players Saturday how many tokens they are set to receive when the Telegram game’s CATI token launches on The Open Network. The token isn’t yet live and players don’t know how much each token will be worth when it hits the market on September 20.…
Transak, a prominent player in Web3 payments, recently announced that its Canadian entity, Transak Canada, has officially registered with FINTRAC, the Financial Transactions and Reports Analysis Centre of Canada. This development coincides with significant growth in the Canadian cryptocurrency market. A Bank of Canada survey found that about 13% of Canadians had invested in Bitcoin in 2021 which shows a growing trend in the use of cryptocurrencies. 🇨🇦 Big news, Canada! 🚀@Transak is now FINTRAC registered, which means easier, safer access to crypto across the country! Read more on @Investingcom ➡️ https://t.co/3Wtkz0ciEYWhat you get 👇🏼– Quick Crypto Buys & Sells-…
Darius Sit, QCP Capital’s co-founder and chief investment officer, says BlackRock entering crypto is more important than Republican candidate Donald Trump re-taking the White House. A crypto-friendly White House would benefit the industry globally, Sit said. HONG KONG — The winner of next week’s U.S. presidential election doesn’t really matter to Darius Sit, the chief investment officer of QCP Capital, a Singapore-based crypto trading firm. While there may be some short-term volatility in crypto markets depending on whether Donald Trump or Kamala Harris becomes the leader of the world’s largest economy, what’s more important is the broader integration of crypto,…