Author: NBTC
Dog-themed cryptocurrency Dogecoin (DOGE) has recently seen a flurry of activity, with three massive transactions totaling 1.1 billion DOGE between unknown wallets occurring in a very short period. Blockchain data tracker Whale Alert has reported three massive transactions totaling 1.1 billion DOGE occurring within a single hour. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 500,000,000 #DOGE (202,294,187 USD) transferred from unknown wallet to unknown wallethttps://t.co/ptPuiBe8ax — Whale Alert (@whale_alert) November 29, 2024 The transfers included two transactions of 300 million DOGE each and a third involving a staggering 500 million DOGE. Together, these transactions are worth over $445…
A Florida man has pleaded guilty in federal court on Thursday to charges of kidnapping and conspiracy related to a Bitcoin heist investigation. The case involved the abduction of a couple in Danbury, Connecticut. Meanwhile, it has drawn national attention due to its potential connection to a $240 million crypto heist. The defendant, Michael Rivas, was one of six suspects involved in what authorities described as a failed ransom plot targeting the couple’s son. During Thursday’s court proceedings, he admitted his involvement in the plot, which he claimed stemmed from a co-defendant’s vendetta. The sentencing guidelines agreed upon by both…
What does the recent approval from Dubai’s VARA mean for HashKey MENA FZE’s expansion and compliance strategies? HashKey Group, a digital asset service firm in Asia, announced in their press release on Jan. 13 that their Middle East and North Africa subsidiary has received conditional acceptance for its Virtual Asset Service Provider license application from the Dubai Virtual Assets Regulatory Authority. https://twitter.com/HashKeyGroup/status/1878636355003257047 You might also like: Dubai’s chief crypto regulator exits as VARA prepares to fine major companies If HashKey can obtain the VASP license, the group’s MENA FZE can offer Virtual Asset Exchange Services and Virtual Asset Broker-Dealer Services to…
On November 22, 2024, all eyes are on Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as it approaches the long-anticipated $100,000 mark. With a significant price surge of over 5% in the past 24 hours, the asset has reached a new all-time high of $98,988, shifting the overall market sentiment to bullish. Bitcoin Whales Bags $283 Million of BTC Amid this bull run, Bitcoin whales appear unstoppable as they have made continuous and significant BTC purchases in the past 12 hours. Recently, a whale transaction tracker Lookonchain made a post on X (previously Twitter) that crypto whales have…
Ethereum targets $7,000 – $8,000 after clearing the $4,500 resistance, driven by the Elliott Wave’s bullish structure. Fibonacci extensions and a triangle breakout signal a potential Ethereum surge toward $10,800 in the long term. Critical support near $3,180 reinforces bullish momentum, while $4,000-$4,500 remains a decisive resistance zone. Ethereum ($ETH) dominates crypto signaling robust upward momentum. Analysts expect it to surge after breaking key resistance zones. If Ethereum makes a clear move above $4,000 – $4,500, it may reach $7,000 – $8,000. Ethereum’s potential for gains is demonstrated by its compatibility with Elliott Wave Theory. Analyzing the Elliott Wave Pattern…
The popular cryptocurrency XRP is on the cusp of a staggering milestone, where its price is rising so high that the digital asset is about to hit the $100 billion mark. This mark is not new for XRP, but the last time the cryptocurrency had a 12-digit capitalization figure was back in 2018. Then, six years ago, the price of XRP set its all-time high at $3.13 per token, and its market capitalization reached $120.76 billion, according to CoinMarketCap. It is interesting to note that XRP is currently quoted at $1.66 per token, which it reached already in May 2021.…
CryptoLaw accuses the FDIC of criminally misplaced priorities amid crypto debanking debate. Over the past few years, claims that federal banking regulators, particularly the Federal Deposit Insurance Corporation (FDIC), have intentionally put the squeeze on banks to cut the crypto industry off have been a raging topic amongst crypto proponents. This issue has again come to the fore based on recent facts buried in a seemingly unrelated case. Crypto Bad, but Russia Good? CryptoLaw, a platform founded by pro-crypto lawyer John Deaton dedicated to sharing legal and regulatory updates surrounding the crypto industry, has accused the FDIC of criminally misplaced…
Upbit, one of the world’s most trusted digital asset exchanges, has announced the end of market support for SteemDollars (SBD). Trading support will officially end on February 12, 2025. Upbit to End Market Support for SteemDollars (SBD) on February 12, 2025 Affected Trading Pairs: SBD/KRW, SBD/BTC Reason for Termination: Following a comprehensive review under Upbit’s Digital Asset Delisting Policy, SteemDollars (SBD) has been designated a precautionary asset on December 30, 2024. The decision was based on an assessment of its utility, purpose, adoption, and trading activity. Upbit has determined that these issues have not been resolved and has decided to…
Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) hitting the monumental $100,000 mark is “just the start” for the flagship crypto. Novogratz’s comments come as Bitcoin registers a new all-time high near $99,100, closer than ever to the six-figure price level, which some argue could be the top for this cycle. Speaking on CNBC’s Squawk Box, Novogratz emphasized that surpassing $100,000 is “almost inevitable” at this point. He added: “Normally you hit 100, you bounce off of it. I would not be surprised if we go much higher. We are in price discovery, there is not a lot of supply.”…
Ethereum (ETH) has been trading within a broad consolidation range of $2,800 to $4,000 for nearly 10 months, signaling a phase of market indecision. Notably, an analysis by CredibleCrypto suggests this range could be an ideal entry point for investors, as Ethereum gears up for a potential breakout. Ethereum’s consolidation phase Currently trading near $3,189, Ethereum is positioned just above the lower boundary of its 10-month consolidation range. After briefly climbing to a local high of $3,716, Ethereum has undergone a correction, which analysts see as part of a broader accumulation process. This extended sideways movement is seen as a…