Author: NBTC
A new financial disclosure has revealed that Trump has millions of dollars invested in crypto – an industry that’s become a clear target of his electoral campaign. Yet despite his many specific appeals to Bitcoin investors, there’s no evidence that the former president holds any BTC himself, as opposed to smaller alternatives. Trump’s Crypto Portfolio According to the 2024 disclosure published by Citizens for Ethics, the Republican nominee holds somewhere between $1 million and $5 million in his “cryptocurrency wallet virtual Ethereum key,” in a hardware wallet. He also received over $7.15 million of income from his license agreement with…
Stablecoin infrastructure startup WSPN has secured $30 million in a seed round to boost its stablecoin adoption mission. Worldwide Stablecoin Payment Network — also known as WSPN — has attracted $30 million in seed funding to double down on its “Stablecoin 2.0” approach. In an Aug. 16 press release, the firm said the round was led by Foresight Venture and Folius Ventures, with participation from Hash Global, Generative Ventures, Yunqi Partners, and RedPoint China, among others. Founded by former employees of Visa and Paxos, WSPN says it has secured backing from over 30 cryptocurrency exchanges, more than 10 wallets, and…
WIF memecoin is the top gainer among top 100 cryptocurrencies in the past 24 hours. Solana holds a 9.64% market share in the memecoin space, outperforming Ethereum. Memecoins represent 22% of the overall cryptocurrency market, with WIF contributing significantly to Solana’s success. Solana’s WIF memecoin has risen to become the top gainer among the top 100 cryptocurrencies in the last 24 hours. This tremendous rise highlights WIF’s outstanding performance and its influence on the Solana ecosystem. 🚨 LATEST: @solana memecoin $WIF becomes the Top Gainer among the top 100 cryptocurrencies in the past 24 hours. pic.twitter.com/dcr1Ne9Emc — SolanaFloor (@SolanaFloor) July…
Ether.Fi, the liquid staking platform on the Ethereum Network, announces a strategic collaboration with Symbiotics. This collaboration is an advanced step to drive the next wave of network deployments. EtherFi has shared this exclusive news with the crypto community through its official X account. We are excited to partner with @symbioticfi on their next wave of Network deployments! To start we will explore the build out of the following pairing of Networks: a Decentralized Verifier Network (DVN) and an Oracle service. We view both of these as critical to servicing… pic.twitter.com/HctQdEP7r9 — ether.fi (@ether_fi) August 15, 2024 Ether.Fi and Symbiotics…
An on-chain analyst has explained signals in several metrics to see if Bitcoin is in a bearish phase. These Bitcoin Indicators Could Be To Follow For Bear Market Signals In a new post on X, on-chain analyst Checkmate replied to a user asking about an on-chain metric indicating when it’s time to turn bearish on cryptocurrency. Checkmate has shared two indicators: the Short-Term Holder Realized Profit/Loss Momentum and the Short-Term Holder MVRV Ratio Momentum. “Short-Term Holders” (STHs) here refer to the Bitcoin investors who bought their coins within the past 155 days, meaning that both of these metrics are only…
According to data provided by Arkham Intelligence, financial giant BlackRock has overtaken Grayscale in the Bitcoin ETF race for the first time. As noted by the firm, BlackRock’s ETFs, IBIT and ETHA, have now surpassed Grayscale’s products, including the firm’s scaled-down “mini” versions of its ETF. The two major ETF players are currently at $21.217 billion and $21.202 billion. Now, the Larry Fink-helmed firm boasts the largest ETF holdings of any provider. As reported by U.Today, BlackRock’s groundbreaking trailblazing IBIT is now expected to become the largest single holder of the leading cryptocurrency, surpassing none other than Satoshi Nakamoto. On…
Aethir Cloud operates 43,000 enterprise-grade GPUs and 3,000 NVIDIA H100 GPUs. The company supports over 10 game studios with its extensive GPU infrastructure. ATH token offers utility in Aethir Edge rewards, partner coin earnings, and future DeFi applications. Aethir Cloud, a leading software company, has revealed impressive numbers that demonstrate its strong position in the sector. Aethir Cloud (@AethirCloud) statistics:• 43,000 enterprise-grade GPUs available • 3,000 state-of-the-art NVIDIA H100 GPUs• 80,000 additional top-tier GPU chips• 200,000+ users• 10+ game studiosThat’s impressive right? Then wait to you see what their token $ATH does.… — hoeem (@crypthoem) July 5, 2024 Aethir Cloud…
Mastercard is all-in on blockchain. Earlier this week, the payments giant launched a debit card with MetaMask that allows holders to spend self-custodied tokens at any store or site where Mastercard is accepted (see: almost everywhere). “We’re opening up this crypto purchase power to our 100 million-plus acceptance locations,” Raj Dhamodharan, Mastercard’s head of crypto and blockchain, told Decrypt. “If consumers want to buy into it, if they want to be able to use it, we want to enable that—in a safe way.” Perhaps in the name of safety, the new MetaMask Card isn’t compatible with most cryptocurrencies. You can’t…
According to the latest data from CryptoQuant, bears might be in control of Bitcoin given the asset’s funding rates reaching a negative level across all crypto exchanges, including Binance. For context, funding rates are essential in perpetual futures markets to ensure the price of perpetual contracts aligns closely with the spot market. These rates can be either positive or negative, depending on market conditions. A positive funding rate implies that long position holders pay shorts, typically signaling bullish sentiment. Conversely, negative funding rates suggest shorts pay longs, indicating bearish sentiment. Funding Rates Signal Market Shift According to EgyHash, the analyst…
In recent years, crypto influencers have rebranded ‘newsletter guru’ and ‘trading signals’ communities under a new name: ‘alpha drops.’ These groups of mostly young, male, English-speaking crypto influencers congregate on social media platforms like Discord, Telegram, or WhatsApp to hear so-called leaders flex newfound wealth in an effort to lure followers into buying subscriptions by promising to share their best trades. ‘Alpha’ is a Greek finance term that refers to an asset’s excess return relative to a benchmark index like the S&P 500. It is the idiosyncratic price, isolated from broad, correlated movements of assets. In finance, ‘seeking alpha’ is…