Author: NBTC
In the past 24 hours, a major cryptocurrency investor conducted important trades in the market. Onchain Lens shows that the whale deposited a total of $9.5 million made up of 400.1 million $PENGU into a new account. By transferring funds into a new wallet the whale proves the plan to maintain $PENGU token holding. In the past 24 hours, a whale has deposited 400.1M $PENGU worth $9.5MIn total, the whale has withdrawn from #Binance and bought 581.96M $PENGU worth $15.87M. Overall, the whale has sold 71.96M $PENGU for $1.93MCurrently, it holds 110M $PENGU worth $2.62M in two wallets.… https://t.co/kjzTcq3LWw pic.twitter.com/vTp5H1xKE7…
The European Securities and Markets Authority has urged national authorities in the European Union (EU) to ensure that exchanges are no longer making non-compliant stablecoins available for trading within the next two months. The regulator has requested that the 27 member states in the EU ensure crypto asset service providers (CASPs) are compliant when it comes to its stablecoin rules “no later than the end of Q1 2025,” ESMA said in a statement on Friday. “In practice, this means that CASPs operating a trading platform for crypto-assets are expected to stop making all crypto-assets that would qualify as ARTs and…
Alex Shevchenko says he is excited about user-specific generated front-ends and autonomous research agents, which he thinks will drive unprecedented progress in drug development and materials creation. Shevchenko: Autonomous AI Agents and Blockchain Interoperability to Reshape Tech and Science While today’s large language models (LLMs) have become “extremely” proficient at language-related tasks, Alex Shevchenko, co-founder and CEO of Aurora Labs, said he is more “excited about the potential of helper agents for software, hardware, and general engineering tasks.” Although the technology is “not quite yet there,” a confident Shevchenko said he is placing a “high bet on user-specific generated front-ends.”…
Bitcoin’s (BTC) price cycle continues to gain traction, with analysts pointing to optimistic projections for its peak in this market cycle. Notably, a recent analysis by TradingShot highlights the cryptocurrency’s consistent alignment with Fibonacci extensions, suggesting a minimum peak of $185,000. This optimistic prediction is grounded in applying Fibonacci extensions to Bitcoin’s market cycles, with a focus on the 5.0 Fibonacci level, which has historically marked cycle tops. Historical patterns and Fibonacci extensions TradingShot’s approach measures Fibonacci extensions from the cycle’s bottom to the point where Bitcoin first makes contact with the 50-week moving average (MA50). This approach has consistently…
In the past 24 hours leading up to January 24, 2025, Ethereum (ETH) has experienced a price increase of approximately 2.57% as the price currently stands at $3,395.47. This upward movement indicates a resurgence in buying interest, possibly driven by recent market developments and positive sentiment surrounding the platform’s technological advancements. Ethereum Price Analysis Analyzing the hourly chart, ETH has demonstrated a bullish trend. The Relative Strength Index (RSI) is approaching overbought territory, suggesting strong buying momentum. The Moving Average Convergence Divergence (MACD) has shown a bullish crossover, with the MACD line crossing above the signal line, indicating potential for…
The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025. It is anticipated that the market value of stablecoins will surpass $400 billion in 2025, thanks to the progress of U.S. crypto legislation and the rise in stablecoin usage worldwide. This could have a spillover effect on U.S. debt with a projection for its value to surpass $100 billion. It is likely that the stablecoin…
Ripple’s latest move to integrate XRP with SWIFT’s $25 trillion daily volume signals a seismic shift in global finance. This groundbreaking development is poised to unlock unprecedented liquidity, with trillions set to flow into XRP due to global debt restructuring. The CryptoTradingFund (CTF) Payment Rewards system will also channel trillions into the XRP Ledger, marking a new era for digital asset adoption. GateHub and XRPL Labs: A Strategic Alliance In an exciting partnership, GateHub and XRPL Labs have teamed up to revolutionize blockchain integration. GateHub, a leader in cryptocurrency trading, and XRPL Labs, creators of the Xumm wallet, aim to…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. During his first 12 hours in office, the 47th president issued 46 presidential actions. Some were expected: Donald Trump designated acting chairs of the CFTC (Caroline Pham) and SEC (Mark Uyeda). Others were promised, like the executive orders mandating a federal hiring freeze and declaring a national energy emergency. Some were symbolic: ordering the Gulf of Mexico to become the Gulf of America, and renaming Alaskan peak Denali to Mount McKinley. Trump got to work on his immigration crackdown, issuing two executive orders: “guaranteeing the states…
NetMind.AI has announced a strategic partnership with ShareX Network. This collaboration focuses on accelerating the development of two groundbreaking innovations aimed at enhancing the AI landscape and democratizing AI technology for broader access. The two key areas of focus in this partnership are AI Agent Applications and AI Compute Sharing & Real-World Asset (RWA) Flow. NetMind and @ShareX_Network have entered a strategic partnership focused on accelerating the development of 2 innovations:1️⃣ AI Agent Applications2️⃣ AI Compute Sharing & RWA FlowThis is how we democratize AI. pic.twitter.com/lQAncuLKVv — NetMind.AI (@NetmindAi) January 24, 2025 The primary goal of this partnership is to…
According to recent reports, Argentina’s leading companies collectively hold 1,300 Bitcoins in their portfolios. The South American nation has become a rising player in the global Bitcoin economy since Javier Milei took over as president. Now, analysts predict the country could follow El Salvador’s footsteps and go all in on crypto adoption this year. Bitfarms, Mercado Libre, and Globant are the trio of Argentine corporate entities leading Argentina’s BTC market activity. Argentina’s largest crypto-holding institutions Bitfarms is the largest holder, with 870 BTC. Founded in 2017, Bitfarms is a global Bitcoin mining firm operating 12 data centers in Canada, the…