Author: NBTC
There are two critical events ahead of Bitcoin: the FED interest rate decision and the US presidential election. The FED interest rate decision will be announced tomorrow, while the presidential election will take place in November. While two events are expected to move and increase the BTC price in the market, Australian cryptocurrency trading firm Zerocap said that the Bitcoin price is difficult to predict. Zerocap chief investment officer Jonathan de Wet said that the Bitcoin price could fall to $53,000 or rise to $65,000 after the Fed rate cut. Wet said that BTC price movement is difficult to predict…
Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last 30 days. Meanwhile, the Hashnote Short Duration Yield Coin (USYC) has seen an impressive 27.38% increase this month. Behind the Growth of Tokenized Treasuries: What the Numbers Reveal Since late August, tokenized U.S. Treasuries have continued to expand, with their market value jumping by another $210 million, bringing the total to…
Ripple’s Chief Legal Officer, Stuart Alderoty, has expressed constitutional concerns regarding the SEC’s ongoing classification of XRP as a security, despite a court ruling to the contrary. In a post on X on Friday, Alderoty suggested that the SEC’s actions could undermine the legitimacy of regulatory enforcement. This latest commentary emerged amid a new lawsuit involving the crypto exchange Bitnomial, in which the SEC reiterated its position that XRP is a security. Recall that in July 2023, District Judge Analisa Torres ruled that XRP, on its own, is not a security. Bitnomial Lawsuit Challenges SEC Over XRP Futures Bitnomial, a…
DeXFun, an upcoming gamified decentralized perpetual futures platform, has introduced a new mini-game on Telegram as part of its journey toward a full platform launch. This mini-game adds a playful twist to perpetual trading, allowing players to predict market movements while earning points that can later be redeemed for rewards, including tokens and NFTs. Mini-Game mechanics The game, accessible via the DeXFun Telegram bot (@DeXFun_Arcade_Bot), lets users place predictions on the future direction of popular cryptocurrencies like BTC and ETH. Players wager FUN Points—DeXFun’s in-game currency—by selecting contracts and predicting whether the market will move up or down. To play,…
MicroStrategy just made another big move by buying $1.1 billion worth of Bitcoin, which brings its total holdings to an impressive $14.3 billion. This new acquisition means that the company now holds about 1.17% of all Bitcoin in circulation, further solidifying its position as the largest corporate Bitcoin holder. To back up its strategy, MicroStrategy also launched a $700 million debt offering, set to mature in 2028. This lets lenders earn interest while benefiting from the company’s exposure to Bitcoin’s market performance. Interestingly, Fred Thiel, CEO of Marathon Digital Holdings, responded to this latest development, noting that MicroStrategy’s massive acquisition…
Leading crypto assets manager Grayscale, has updated its list of assets under consideration for an investment product to include 36 cryptocurrencies, cutting across multiple categories from meme coins to AI-related projects. According to the announcement, the firm is considering the following assets for listing either as single investment product or as part of the multi-asset products: Kaspa (KAS), Aptos (APT), Arbitrum (ARB), Celestia (TIA), Celo (CELO), Core (CORE), Cosmos (ATOM), Internet Computer (ICP), Mantle (MNT), Metis (METIS), Neon (NEON), Optimism (OP), Polygon (POL), Sei (SEI), Starknet (STRK), Toncoin (TON), and TRON (TRX). Other crypto tokens being considered include Aerodrome (AERO),…
A transfer from Tether Treasury worth $110.47 million USDT to an unknown wallet has further attracted the market’s attention. Such a scaler move may indicate new market trends or may be whale manipulation before certain events or news. It makes it incumbent on better financial quarters with respect to the stablecoins demand, its potential strategic capital destiny in the crypto market. In the largest crypto transfer reported by Whale Alert, $ 110,471,998 of USDT located in Tether’s Treasury was transferred to an unknown wallet. The quantum of flow has prompted interest by observers of the markets who are looking forward…
The SEC’s strict rules on crypto have faced strong criticism and led to many lawsuits. The commissioner believes a new approach could help improve the crypto market. Better communication could lead to fairer rules and support for digital assets. A U.S. Securities and Exchange Commission administrator recently admitted that the agency’s approach to governing virtual cash has not worked. This admission comes as criticism of the SEC’s strict measures against the crypto industry grows. The commissioner also expressed rising concerns about legislative uncertainty and legal disputes that hinder market development. Four years after #EthGate, the collapse of #FTX, Terra Luna,…
Off the Grid has quickly become one of the biggest battle royale shooters in the world, with millions of players jumping in to experience the first blockchain game that has really broken into the mainstream consciousness. But with so many players in the mix—most of whom seem to be experts already—it’s not easy to make it into the final stages of a match, let alone win. It took me six games before my team made it into the top five, and I’m embarrassed to say how long it took me to get a win. However, with a few hours under…
Michael Saylor, founder and executive chairman of the MicroStrategy business intelligence software giant, has taken to his account on the X social media platform (widely famous as Twitter in the past) to communicate a Bitcoin message to the global cryptocurrency community. This took place as the world’s flagship digital currency began showing signs of revival and recapturing the $60,000 level once again. Several hours prior to that, MicroStrategy made another big Bitcoin offer to its investors. “Running Bitcoin”: Michael Saylor Saylor published a tweet which says “Running Bitcoin” which features Saylor as a football player running during a game across…