Author: NBTC
The price of XRP increased by over 1.6% in the last 24 hours to trade at $2.42. It has now overtaken Tether’s USDT to secure the third spot in the crypto rankings by market capitalization. XRP beats USDT in market cap According to CoinMarketCap, XRP has increased by 10.6% in the past week, with market capitalization pegged at $138.26 billion. A favorable market outlook and increased whale activity have contributed to the XRP price surge. As a result of XRP’s recent surge, USDT now ranks as the fourth-largest crypto with a market capitalization of $137 billion. Similar to XRP, USDT…
SuperGaming, an Indian game developer that has attracted more than 200 million players to date, is teaming with blockchain gaming ecosystem B3 to launch a dedicated gamechain, the companies announced this week. The collaboration will allow SuperGaming to bring its games onto the blockchain, all while maintaining a unified gaming environment where players can move seamlessly between different games. B3 is a gaming-centric layer-3 gaming network built on Base, the Ethereum layer-2 network created by crypto exchange Coinbase. The network launched its B3 token last week. with over 200m+ players across 5 titles & multiple “Best Made in India Game”…
On December 25, 2024, significant regulatory changes regarding cryptocurrency were announced in Turkey’s Official Gazette. In response to this, Binance TR revealed plans to introduce new requirements for users making cryptocurrency deposits and withdrawals beginning February 25, 2025. These measures aim to bolster anti-money laundering efforts and combat terrorism financing by mandating users to provide essential details about the sender or receiver during transactions. What Are the New Transfer Requirements?How Will Identity Verification Work? What Are the New Transfer Requirements? The updated regulations stipulate that transactions involving amounts of 15,000 Turkish Lira or more will necessitate enhanced identity verification. Cryptocurrency…
As December comes to a close, analyst Crypto Rus reflects on what the final days of the month might hold for Bitcoin and other cryptocurrencies. Despite the anticipation of a “Santa Rally,” the market has remained relatively stagnant. Bitcoin saw a surge just before Christmas, touching the $100,000 mark before falling back to around $94,000, where it currently hovers. A Look Back at 2024 and the Market’s Surprising Move Historically, Bitcoin has seen a pattern of price increases heading into January after breaking previous cycle highs. This was the case in 2016, 2020, and 2023. But what’s different this year?…
SKI, the native token of Ski Mask Dog, saw a significant rally on Dec. 2 following reports that a United States lawmaker has invested in the meme coin. Ski Mask Dog (SKI) soared 25% to an intra-day high of $0.237 on Dec. 3, bringing its market cap up from around $187 million recorded the previous day to over $235 million when writing. Built on Base, Coinbase’s Layer 2 blockchain, the SKI meme coin has captured attention for its strong community-driven ethos, boasting over $6 million in trading volume within the last 24 hours. Although initially abandoned by its developer, SKI…
Binance Square has introduced a new ‘Trader Profile’ feature, allowing users to verify and follow trusted traders on the platform. The feature provides insights into a trader’s portfolio, performance, and trading badges, aiming to enhance transparency and responsible engagement in the Binance community, according to a release shared with crypto.news. The Trader Profile includes a Portfolio Overview, displaying asset allocation percentages; P&L Data, showing performance trends over different timeframes; and Trader Badges, which highlight trading styles and expertise. These profiles are only visible to a user’s followers, enabling traders to manage privacy while building credibility. Binance Co-Founder Yi He emphasized…
Bitcoin has entered a significant slump, dipping below $92,000, the lowest since breaking through $100,000 in early December. As 2024 draws to a close, profit-taking by long-term holders and macroeconomic factors could be driving the largest cryptocurrency to its lowest point in weeks. Investors, particularly those holding Bitcoin for extended periods, could also be seizing the opportunity to cash out after a remarkable year of growth that saw the digital asset surge by more than 100%. Bitcoin’s ongoing price fall, at $93,594 at the time of publication, represents a 16% decline from its peak of $108k on December 17, data…
Bermuda – OpenEden is setting a new standard for stablecoins with the launch of OpenDollar (USDO), the world’s first regulated, yield-bearing digital dollar fully backed by tokenized U.S. Treasuries. (Photo: Jeremy Ng speaking, founder and CEO of OpenEden Group)—As a fully compliant and transparent stablecoin, USDO combines the stability of traditional fiat-backed stablecoins with the real-world yield of U.S. Treasury Bills, offering a sustainable, on-chain solution for decentralized finance (DeFi) and institutional use.“USDO represents a fundamental shift in how we view stablecoins. We’re enhancing the utility of traditional fiat-backed stablecoins with sustainable yields, full regulatory compliance, and complete transparency on-chain,…
A savvy crypto trader has surprised the market with massive profits from Ai16z and Zerebro. This comes after the two AI tokens showed their strong performance amid the wider cryptocurrency markets ushering in 2025 with renewed momentum. Bitcoin climbed to a high of $95,000 today from a low of $92,000 witnessed a few days ago. Other prominent crypto assets like XRP, Solana, and Stellar also surged their values by over 21% in the past 24 hours. Trader earns millions from ai16z and Zerebro According to data shared by on-chain analyst Lookonchain today, this whale has made massive returns of $16.07…
Sunil Kavuri, the FTX creditor activist, today announced that some jurisdictions were not eligible for FTX claim distributions via custodial exchanges due to restrictions in those countries. Kavuri pointed out that the FTX bankruptcy trustee was currently seeking ways to delegate claim repayments in each jurisdiction, including Russia, China, Nigeria, Ukraine, and Egypt. Kavuri shared a detailed ‘FTX global customer distribution’ pie chart from the November 2022 bankruptcy hearing that identified China as the largest jurisdiction not qualified for FTX claim distributions with about 8% of the global customer base. On January 17th, Kavuri claimed that FTX creditors from countries…