Author: NBTC
Ethereum spot ETFs witness increased institutional interest, recording a $145 million net inflow. According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec. 17, indicating growing institutional trust in financial instruments backed by Ethereum. With a notable $135 million inflows on the day, BlackRock’s ETHA topped the inflows and now has the most net inflow of Ethereum spot ETF at $3.365 billion. With a net influx of $4.45 million, Grayscale’s ETH, a major participant in the ETF market, increased its previous net inflow to $616 million. With $5.72 billion in cumulative…
Ripple, the US-based enterprise company behind the third-largest cryptocurrency by market cap, made the headlines on December 16, announcing that its long-anticipated stablecoin is finally ready to be deployed, which will happen later today. There were a lot of speculations and fraud attempts ahead of the official statement, but CryptoQuant’s data shows that the actual number of minted new tokens has risen to almost $66 million. Interestingly, the majority of the RLUSD coins are on the Ethereum network – $52.9 million, while only $13.3 million have been minted on Ripple’s own – XRPL. The numbers are quite impressive, given the…
Elon Musk responded to Senator Elizabeth Warren’s claims of potential conflicts of interest regarding his new role in President-elect Donald Trump’s administration. Lmao. The person actually writing these things from Pocahontas are SBF’s parents btw. https://t.co/V741yhitwp — Elon Musk (@elonmusk) December 17, 2024 Taking to his platform X, Musk alleged that Warren’s scrutiny is influenced by Sam Bankman-Fried’s (SBF) parents and claimed that her criticisms are being written by them. “The person actually writing these things from Pocahontas is SBF’s parents, btw,” Elon Musk tweeted, referring to Senator Warren as “Pocahontas.” His reference to Warren as “Pocahontas” echoes a nickname…
Binance is expanding its accessibility and utility by integrating Valve (VANA) across multiple services, giving users a variety of options to interact with the token on its platform. Binance Expands Valve (VANA) Ecosystem to Futures Platforms Starting December 16, 2024, 14:30, VANA will be available for subscription under Binance Simple Earn Flexible Products, allowing users to earn rewards by holding VANA in their accounts. Binance Margin Margin Trading: VANA will be introduced as a new borrowable asset in both Cross Collateral and Isolated Collateral with the VANA/USDT pair. This feature will be available on December 16, 2024 at 17:00. VIP…
Amid chatter about the U.S. potentially establishing a strategic bitcoin reserve, conversations are buzzing about which governments already stockpile the largest bitcoin stashes. Here’s a comprehensive look into the top five governments with the heftiest bitcoin holdings as of Dec. 2024. Inside the Secret Bitcoin Vaults of Governments: U.S., China, and Beyond Many people might be surprised to learn that several countries hold significant bitcoin reserves, much of which stem from criminal seizures and asset forfeitures. Some nations, however, have taken a different route, actively buying bitcoin for their treasuries or mining it themselves. U.S. = 199,172 Bitcoins Currently, the…
MicroStrategy stock has popped more than 6% in pre-market trading as cryptocurrencies see gains amid Bitcoin’s surge to a new all-time high. The MicroStrategy shares’ price is also rising as the market reacts to news that the leading corporate holder of Bitcoin (BTC) is set for inclusion in the Nasdaq-100 index. While the MSTR stock trades below its recent peak above $543, the pre-market surge on Dec. 16 has the MicroStrategy shares above $430. Ahead of the upcoming listing as part of Nasdaq 100, sentiment in the BTC-focused business intelligence and software company is highly bullish. Read more: MicroStrategy to…
In the ever-evolving crypto market, Dogecoin ($DOGE) has again gained dominance among the top discussed altcoins. As per the data from AltsDaddy, $DOGE obtained the top position among the most posted altcoins on social media on Sunday, continuing its long-lasting prestige among crypto enthusiasts. The altcoin tracking platform shared a list of the top ten altcoins discussed on social media, in a recent X post. 🎗️ Sundays Top Posted #Altcoins 🎗️1️⃣ $DOGE2️⃣ $SOL3️⃣ $ANYONE4️⃣ $LEOX5️⃣ $CSIX6️⃣ $LBM7️⃣ $VRA8️⃣ $CELL9️⃣ $PROPS🔟 $RIORunner ups: $PROPC, $NAKA, $KAS, $BNB, $SUI#altssason #alts $DDY pic.twitter.com/KqXKSo309q — AltsDaddy (@AltsDaddycom) December 15, 2024 Dogecoin Leads Sunday’s Top…
French regulators banned unregistered crypto-asset ATMs operating within the country, targeting businesses that provide illegal digital asset services. The French Financial Markets Authority (AMF) collaborated with the Paris inter-regional jurisdiction (JIRS) to carry out a series of investigations, leading to search and seizure operations in June and December 2024. The crackdown followed concerns about heightened money laundering and illegal crypto-asset services. With the rise of crypto ATMs that enable users to buy or sell digital assets like Bitcoin using cash, French regulators are doubling down on enforcing strict compliance under the Monetary and Financial Code. Under French law, crypto-asset ATMs,…
FTX has set the effective and record date for its Chapter 11 reorganization plan as January 3, 2025. FTX will distribute initial funds within 60 days of the effective date. FTX and its affiliated debtors announced that their Chapter 11 Reorganization Plan, approved by the Court, will become effective on January 3, 2025. This date is also the record date for the Initial Distribution to permitted claimants in the Eligible Classes of the Plan. The first distribution is expected to occur within 60 days of the plan’s launch, while participation will be contingent on meeting know-your-customer (KYC) and other distribution…
Financial commentator Peter Schiff recently escalated his anti-Bitcoin rhetoric, going as far as calling the largest cryptocurrency by market cap “public enemy number one” in his recent post on the X social media. Schiff accused Bitcoin advocates of bribing government officials to “squander” the public’s money buying the cryptocurrency. Now, he claims that Bitcoin is a national security threat, not just a speculative bet for private citizens. Schiff’s scathing criticism comes amid ongoing debates about whether or not the US should establish a state-owned Bitcoin reserve. As reported by U.Today, MicroStrategy co-founder Michael Saylor recently argued that the US government…