Author: NBTC
Sales are down, and purchases are up in the non-fungible tokens (NFT) market. Over the past seven days, CryptoSlam has shown that NFT sales volume has decreased by 7.87% to about $99.9 million. NFT buyers have increased by 24.38% to 560,845. NFT sellers are also up 15.66% to 327,295. Overall transactions are down 9.12% to about 1.44 million. You might also like: Shiba Inu price prediction in April: Return of the dog memes soon? Ethereum NFT sales plummet The Ethereum (ETH) blockchain maintains its dominant position with $25 million in sales, down over 21.3% from last week. That being said,…
First Digital Trust (FDT), the issuer of the FDUSD stablecoin, has come out strongly against Tron founder Justin Sun’s warnings on their stablecoin’s safety. In an X post, First Digital called out Sun’s “false statements,” asserting the FDUSD stablecoin remains fully backed by US Treasury bonds and assured users of its safety. 【严正声明】关于孙宇晨（Justin Sun）近期对First Digital Trust的不实指控，本公司作出如下郑重回应：1. 所述争议仅涉及TUSD，与FDUSD完全无关。First Digital财务状况稳健，具备充分偿付能力。2.… — First Digital (@FirstDigitalHQ) April 3, 2025 First Digital Refutes Justin Sun’s Claims, Asserts FDUSD Backing First Digital clarified that the ongoing compliance dispute with Hong Kong regulators, highlighted by Sun, only involves TUSD, a stablecoin issued by Techteryx, not FDUSD or…
Following Coinbase’s filing to self-certify XRP futures, Attorney John Deaton gave a recap highlighting the exchange’s engagement with XRP. On April 3, Coinbase announced that its derivatives arm, Coinbase Derivatives, filed to launch self-certify XRP futures in the U.S. The move, according to Coinbase, aims to give investors a more regulated and capital-efficient way to gain exposure to XRP, which it referred to as “one of the world’s most liquid assets.” We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify $XRP futures – bringing a regulated, capital-efficient way to gain exposure to one of the…
Bankrupt crypto exchange FTX has eliminated nearly 400,000 customer requests after users failed to complete identity verification requirements by a court-imposed deadline. FTX Deletes Nearly 400,000 Unverified Customer Requests Amid Bankruptcy Process According to documents filed in the U.S. Bankruptcy Court for the District of Delaware, approximately 392,000 customers missed the March 3 deadline to begin the “know your customer” (KYC) process required to verify their claims and recover funds from the platform’s bankruptcy estate. As a result, FTX has confirmed that these claims have now been fully deleted and dismissed in accordance with court-approved procedures. This move significantly narrows…
In recent weeks, U.S. President Donald Trump’s tariffs have weighed on Bitcoin’s price, but some experts remain undaunted by Thursday’s market declines and still expect the asset springing to new heights this year. Bitwise’s $200,000 year-end price target for Bitcoin remains unchanged, the crypto asset manager’s Head of Research, Ryan Rasmussen, told Decrypt on Thursday. “Once the market settles from this ‘Liberation Day’ chaos, we’ll finally start seeing the market pullback upwards,” he said. “We like to use the analogy that [good news] gets stored as dry powder for when that volatility and uncertainty ultimately subsides.” Bitcoin price recently fell…
Jupiter VERIFY introduces badge-based trust levels for tokens, enhancing transparency and reducing scam risks in the Solana ecosystem. Verification types include Blue Chip, Community Assisted, Social ID, and C.A.T. reports to ensure better token recognition. Jupiter Exchange has introduced Jupiter VERIFY, a token verification system that aims to help users identify trustworthy projects, straight from the source. This system is here as an answer to a basic need that is often overlooked, such as how to know if the token we see is really legit. Introducing Jupiter Verify – Token Verification, Now 4x Tastier! 🍽️ Token verification in defi is…
Renowned legal expert Bill Morgan suggests that the lawsuit between the SEC and Ripple is not entirely over despite the parties dropping their appeals. Recent developments in the SEC v. Ripple lawsuit have continued to stir discussion within the XRP community, with enthusiasts questioning whether the case has finally ended. Recall that Ripple announced it was dropping its cross-appeal against the SEC for a reduced fine of $50 million and the dismissal of the permanent injunction imposed on its future XRP sales. This move was in response to the SEC’s decision to unconditionally drop its appeal against Ripple. Ripple Case…
Coinbase is preparing to launch U.S.-regulated, 24/7 bitcoin and ethereum futures, aiming to modernize trading access and introduce perpetual-style contracts amid rising demand. Coinbase Sets May 9 Launch for Regulated 24/7 Bitcoin and Ethereum Futures Trading in US Crypto exchange Coinbase (Nasdaq: COIN) announced on April 4 that it will introduce the first U.S.-regulated 24/7 bitcoin and ethereum futures contracts through its derivatives arm, with trading set to begin May 9. This initiative marks a significant shift in how digital asset derivatives are offered to U.S. traders, aligning domestic markets more closely with global crypto trading practices. The company explained:…
Key Takeaways Bitcoin’s 24/7 liquidity makes it a short-term risk asset. Michael Saylor argues that Bitcoin’s trading pattern doesn’t indicate long-term correlation with other assets. Bitcoin’s recent price fluctuations are largely driven by its deep liquidity and round-the-clock accessibility, rather than a genuine correlation with other risk assets, said Michael Saylor, Strategy’s co-founder, in a recent statement on X. Saylor made the comment in response to a question from Barstool Sports founder Dave Portnoy, who asked why Bitcoin, designed to be independent of the US dollar and free from regulation, “basically trades exactly like the US stock market.” Portnoy noted…
BNB Chain has announced the first batch of projects selected for its $100 million Liquidity Program, a major initiative aimed at boosting liquidity for BNB-native tokens on centralized exchanges. Five projects—BANANAS31, Mubarak, Broccoli (714), Tutorial (TUT), and KiloEX (KILO)—have qualified for liquidity support, with funding ranging from $290,000 to $510,000. The initiative, launched on March 24, aims to enhance trading depth and visibility for projects within the BNB Chain ecosystem. The network is allocating BNB incentives to projects that successfully list on any of 11 major centralized exchanges (CEXs), including Binance, Bybit, Bitget, KuCoin, and MEXC. Who Made the Cut?…