Author: NBTC
BNB Smart Chain still logs a return of users, after years of being overshaded by Ethereum and Solana. The chain, which offers relatively low fees, is becoming the arena for a new wave of memes. BNB Smart Chain is attracting smart money away from Base as it turns into one of the new hubs for meme tokens. Binance’s network also aims to tap the former Solana meme traders, who have grown tired of rug pulls and cabal token launches. Nansen research shows a shift of smart money whales from Base to BNB Smart Chain. Solana is also slowing down, while…
Former Supreme Court attorney and alleged tax evader Tom Goldstein had access to a cryptocurrency wallet that channeled $100 million in transfers, according to a new filing from US federal prosecutors. The US originally filed an indictment against Goldstein—who is also known for co-founding the popular SCOTUSblog—on January 16, including counts of violating federal tax laws and failing to report cryptocurrency transactions. Filed on March 6, the latest submission includes new information regarding the volume of transactions on two unhosted wallets allegedly associated with Goldstein. One of them, referred to only as “935B,” served as a channel through which Goldstein…
Bitcoin dropped below $94,000 but recovered above $95,000 amid high market volatility. Strategy announced a $2 billion Bitcoin acquisition. Institutional investors continue expanding Bitcoin exposure despite short-term price declines. Bitcoin prices plummeted below $94,000 before recovering to surpass $95,000. Bitcoin dropped 10% during the past week while facing a significant price decline. Bitcoin’s price decline challenges the positive outlook that emerged from Bitcoin spot ETF approvals and recent political developments. Market sentiment has declined which leads investors to maintain a careful approach. Bitcoin continues to face difficulties due to rising market volatility and increased sell-off activity. Market participants watch important…
On-chain data revealed that Ethereum had fallen to its lowest valuation relative to Bitcoin in May 2020. The current trading rate is 0.023278, registering an 8.7% decline over the past 48 hours. On-chain data revealed the ETH/BTC exchange rate registered a new low since May 2020. The currency pair’s trading rate currently stands at 0.023278. Ethereum’s total locked value collapsed by approximately $30 billion since last year. ETH/BTC pair drops to its lowest level since May 2020 Coinmarketcap data revealed that ETH lost 42.9% of its value since December 2024. The asset’s current price stands at $1,945 per coin. Markets…
Popular Telegram game Zoo has started its airdrop claim period for its soon-to-launch ZOO token on The Open Network (TON). As of Tuesday, users were able to claim their earned ZOO tokens inside the Telegram mini app. During this period, claims are handled off-chain, meaning that the user will not have to pay any fees. Once this period ends on February 25 at 9am UTC, users will be required to claim on-chain and pay a 0.1 TON ($0.35) fee, according to Zoo’s FAQ page. Millions of players have built their digital zoos within the Telegram mini app from its December…
The years-long legal battle between the US SEC and Ripple Labs is nearing resolution, as both sides negotiate the details of the August district court ruling, FOX Business journalist Eleanor Terrett reported Wednesday, citing two sources with knowledge of the matter. 🚨SCOOP: Two well-placed sources tell me that the @SECGov vs. @Ripple case is in the process of wrapping up and could be over soon. My understanding is that the delay in reaching an agreement is due to Ripple’s legal team negotiating more favorable terms regarding the August… — Eleanor Terrett (@EleanorTerrett) March 12, 2025 The SEC has withdrawn numerous…
Bitcoin price started a recovery wave above the $94,500 zone. BTC is rising within a range and might revisit the $98,000 resistance zone. Bitcoin started a decent recovery wave above the $95,500 zone. The price is trading above $96,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $96,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,000 zone. Bitcoin Price Recover Losses Bitcoin price formed a base above the $93,500 level and started…
Bitcoin, the flagship crypto asset, has long been nicknamed “digital gold” due to its store of value. With a market cap exceeding 1 Trillion, the crypto asset drives the price movements of basically every digital currency in the broader crypto landscape. Despite this, many have failed to tap into its rich potential due to constraints in its smart contract functionality. This is where BTCFi comes in. This phenomenon, otherwise called Bitcoin Decentralized Finance, is a feature that aims to transform Bitcoin into an active participant in the DeFi ecosystem. One platform pushing the BTCFi narrative is Core DAO. This Layer…
Will Ethereum make a bullish reversal to $2,500 as ETH price action signals a potential wedge breakout rally ahead? Ethereum fluctuates near the $1,900 level as Bitcoin holds above $81,000. Notably, Ethereum has recorded a 13% drop in the past seven days. However, a reversal pattern is emerging on the 4-hour chart, hinting at a potential bounce-back. Could this lead to a new wave of bullish momentum for Ethereum? Ethereum Price Eyes Wedge Breakout For New Recovery Wave On the 4-hour price chart, Ethereum is showing a declining trend but gaining momentum. The price drop has breached the 78.60% Fibonacci…
Crypto exchange Kraken is under fire for letting controversial Barstool Sports founder Dave Portnoy “shit on its reputation” after he launched a number of memecoins that all crashed over 99%. Throughout February, Portnoy has promoted a number of coins that have rocketed, crashed, and made thousands of dollars in the process. Among these is a token with the ticker JAILSTOOL, which he is now committed to holding after previously claiming to have sold it all by accident while using the toilet. He’s currently getting flak for launching the tokens GREED and GREED 2. Lookonchain notes that he held 35.79% of…