Author: NBTC

MemeBox has announced a partnership with SunPump, a rising star in the meme token universe. The purpose of this collaboration is to enhance innovation and utility in the meme economy by combining MemeBox’s platform with SunPump’s growth potential. The news was shared via the official X, formerly Twitter, account for SunPump. There has been a lot of interest in the market over this partnership. 🚀We are thrilled to announce our partnership with @GateMemeBox! 🎉Together, we’re bringing more excitement to the #SunPump meme ecosystem. Stay tuned for what’s to come! 💥 https://t.co/3ttxEjRpzf — SunPump (@sunpumpmeme) December 25, 2024 SunPump Joins MemeBox…

Virgin Voyages becomes the first cruise line to accept Bitcoin for bookings. Passengers can use Bitcoin to book for cruises including the upcoming Virgin Voyages’ Annual Pass. Virgin Voyages targets younger travellers with crypto adoption in a competitive market. Virgin Voyages, the innovative cruise line founded by Sir Richard Branson, has announced that it now accepts Bitcoin (BTC) as a payment option for bookings. This move makes Virgin Voyages the first cruise line to adopt crypto payments amid a growing trend in the travel and hospitality industries to embrace digital currencies. Annual Pass cruise passengers can book using Bitcoin According…

Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,350 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears the $3,520 and $3,550 resistance levels. Ethereum Price Starts Recovery Ethereum price remained stable above $3,220 and started a recovery wave like…

Early this month, the US Federal Reserve reduced the federal fund interest rate by 25bps, bringing down borrowing costs to the range of 4.25% – 4.5%. Announcing the third rate cut of the year, Fed Chair Jerome Powell hinted that the organisation would take a cautious approach when considering any future rate cuts. Now, experts suggest that there is a 40% probability that the Federal Reserve will increase interest rate in 2025. Shocking! Here is what you should know! Federal Reserve Faces 40% Rate Hike Odds in 2025 Among those expecting a rate hike is Apollo Global Management, a leading…

Following the recent XRP tweets by Velo Labs, an analyst has explored some of the possible developments that could be in the pipeline. Ripple seeks to expand its services across different platforms and countries as it recently announced a partnership with Mercado Bitcoin. Web3 platform Velo Labs has, on multiple occasions, mentioned the incredible use cases of XRP and the XRP Ledger on its X handle. Fascinatingly, this has sparked speculations of a possible partnership, while a section of the XRP community finds this as a mere engagement strategy. [Speculation] Something interesting happening with Velo & #XRP? Over the past…

As 2024 draws to a close, one of the most closely followed legal battles in the cryptocurrency world has continued to keep everyone on the edge, leaving a mark on Ripple Labs and the entire crypto industry. The SEC’s lawsuit against Ripple, alleging that the cryptocurrency XRP is an unregistered security, has been a long saga filled with twists, turns, and dramatic courtroom showdowns. Let’s look back at the major milestones of this battle, and where things stand heading into 2025. The SEC’s Bold Move: XRP Declared an Unregistered Security In late 2020, the U.S. Securities and Exchange Commission (SEC)…

UneMeta proudly announces its strategic partnership with Bitgert. This collaboration aims to push the boundaries of innovation and deliver immense value to the communities of both partners. UneMeta, a collaborative digital innovation, has announced its exciting partnership via its official X account. The other partner, Bitgert, is a rapidly evolving project in cryptocurrency that is known for its gas-fee-free blockchain along with cutting-edge solutions. 🎉We’re thrilled to announce an official partnership with @bitgertbrise!🌟Bitgert is a rapidly expanding crypto project that boasts a gas fee-free blockchain, CEX and a lot more!💪This collaboration is all about pushing the boundaries of innovation and…

Ethereum’s price has failed to make its way toward a new record high and is currently experiencing bearish price action, leaving market participants worried that the bull run might be over. The asset now remains below $3,500, which has turned into a key resistance line. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has entered a bullish phase since the beginning of November after rebounding from the $2,300 support level. However, the $4,000 resistance zone has rejected the market to the downside, with the $3,500 level also being lost. Currently, it is likely…

UAE-based Allo.xyz, a platform for real-world asset (RWA) tokenization and lending, has secured a $100 million Bitcoin-backed credit facility. The project was also recently accepted into Qatar’s Digital Assets Lab. As per the press release, the credit facility will further enhance Allo’s BTC-backed lending services, catering to institutional and individual participants eager to engage in the growing crypto lending market. Allo has staked over 544 BTC (valued at $50M+) through the Babylon Bitcoin Staking protocol to bolster its position in the Bitcoin ecosystem. As such, it is considered a key player in enabling Bitcoin-secured networks, with its BTC staking solution…

Pump.fun, a social media favourite platform for creating memecoins, is facing a sharp downturn. Daily token creations have nosedived from a peak of 69,000 to just 33,000, while active users have plummeted by 38%, dropping from 261,000 to 161,000. As per local reports, these declines follow a string of controversies and a significant setback: the UK’s Financial Conduct Authority banned the platform, citing regulatory concerns. The platform, popular for its easy token creation process, became notorious for its lack of oversight. Users could remain anonymous, leading to problematic and offensive content, including racist tokens and even staged stunts like a…