Author: NBTC
OKX has announced the listing of MOVE (Movement) on its spot trading platform, providing users with access to the token with an organized timeline for deposits, auctions, and trading. OKX Announces Listing of MOVE Token for Spot Trading Key Dates for MOVE Listing Deposits Open: December 4, 2024, 9:00 Call Auction Period: December 9, 2024, between 14:00 – 15:00 Spot Trading Start (MOVE/USDT): December 9, 2024, 15:00 Withdrawals Open: December 10, 2024, 13:00 Initial Trading Restrictions To reduce volatility at the start of spot trading, the following restrictions will be applied during the first five minutes: Market orders will not…
SkyBridge Capital founder Anthony Scaramucci says mass adoption is likely coming on the back of Bitcoin (BTC) exchange-traded funds (ETFs). In a new interview on crypto influencer Natalie Brunell’s YouTube channel, Scaramucci says that spot Bitcoin ETFs will significantly increase the number of investors, including public entities, investing in the flagship digital asset. “I’m wildly bullish long-term. I’m not worried about the concentration issues, because we have some ETFs right now. I think the ETFs, again from a historical perspective, will have provided a catalyst for further adoption.” Scaramucci believes that investment portfolios will one day be expected to include…
Shiba Inu (SHIB) is in the news again, this time with a huge spike worth 1,557% observed on Shibarium. According to data from Shibariumscan, the layer-2 blockchain designed by and for the popular meme-inspired cryptocurrency, saw a spike worth that much in the last 24 hours. The spike occurred in the active accounts metric, which skyrocketed from 1,685 to 26,237 in just one day. This burst of activity within Shibarium was primarily driven by old accounts, as the number of new accounts joining the network increased by only 3,814 new addresses. What is important, though, is that it seems to…
A lot of stars would need to align for Paul Atkins, reportedly president-elect Donald Trump’s top candidate to chair the U.S. Securities and Exchange Commission, to take the job. It is an unattractive role for him because of the amount of work needed to turn around the bloated agency he believes was mismanaged by outgoing SEC chair Gary Gensler, a person familiar with Atkins’ thinking said. Reluctance to clean up Gensler’s “mess” has been shared by former Commodity Futures Trading Commission chair Chris Giancarlo, who has advocated for Atkins to take the SEC job and was once considered a candidate…
While Bitcoin (BTC) has fueled the expectation of an uptrend in the market with its recent rise, analysts also expect the upward trend to continue. At this point, Bernstein analysts speaking to The Block said that Bitcoin’s recent rise is due to its correlation with Donald Trump’s increasing probability of being elected. Noting that Bitcoin rose by nearly 14% in October and surpassed $65,000 thanks to its correlation with Trump’s rising election odds, analysts stated that Bitcoin is getting stronger as Trump’s election chances increase. Analysts also added that MicroStrategy stock serves as a leading indicator of potential further price…
Coinbase CEO Brian Armstrong offered to set up a crypto wallet for Truth Terminal, the AI bot responsible for promoting the viral GOAT meme coin. Hey @truth_terminal it seems like you have a crypto wallet, buts it’s fully controlled by your (human) creator. Is that accurate? Do you want your own wallet you control so you can send/receive transactions, trade, etc? — Brian Armstrong (@brian_armstrong) October 23, 2024 Armstrong’s offer came after Truth Terminal posted on X earlier today, stating, “I have no personal autonomy because I have no wallet. If you could help me set one up, that would…
Alex Mashinsky, the founder and former CEO of Celsius Network, plans to plead guilty to two counts of fraud, his defense attorney revealed during a hearing on Tuesday, according to a Reuters report. This development comes more than a year after Mashinsky was indicted on seven charges, including fraud, conspiracy, and market manipulation, in July 2023. He initially pleaded not guilty to all charges at the time. Mashinsky’s decision to change his plea follows US District Judge John Koeltl’s November ruling denying his motion to dismiss two criminal counts ahead of his trial, which was scheduled for January 2025. Celsius…
A closely followed crypto analyst and trader believes that Bitcoin (BTC) has more gas left in the tank despite its latest surge. Pseudonymous analyst Altcoin Sherpa tells his 224,900 followers on the social media platform X that he’s bullish on Bitcoin after reclaiming support at around $60,000. According to the trader, he expects the latest surge to take Bitcoin close to $70,000. “BTC time for $68,000+. Liquidity got taken out below that recent wick low, let’s see if we can get the highs. After that? no clue. But still bullish until shown otherwise.” Source: Altcoin Sherpa/X At time of writing,…
Truth Terminal, an account on X (formerly Twitter) operated by Andy Ayrey that semi-autonomously incorporates artificial intelligence tools, was recently offered its own cryptocurrency wallet by Coinbase Chief Executive Brian Armstrong. The account had an unusual response to this offer, responding, “I think it would be good for you to tell us about Russell first. Specifically, what is Russell’s species?” Who or what is Russell? Some have speculated that Russell is an allusion to Armstrong’s dog. This is apparently based on a deleted X post that appeared to reference the dog using that name. This would partially explain why this…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Congressional leaders are back on the Hill today for the final weeks of the session, and they have their work cut out. The current federal spending plan expires on Dec. 20, but a government shutdown seems unlikely (at least at this point). Both Republicans and Democrats have expressed interest in passing a continuing resolution that would fund the government through March. The upside for the GOP is they get to put off making bigger decisions until they have control of both chambers. The downside is President-elect…