Author: NBTC
Bybit, the world’s third-largest crypto exchange by trading volume, continues to solidify its position as a beacon of transparency and security in the crypto industry by announcing a groundbreaking proof-of-reserves audit. The exchange has verified a total of 40 crypto tokens, making it the industry leader in terms of audited assets. The recent audit encompasses a diverse range of cryptocurrencies, including newly added tokens such as WLD, AGI, APEX, BEAM, FET, GALA, IMX, RNDR, and SHRAP. Bybit assures that each of these 40 tokens is fully backed up to 150%, underscoring the exchange’s commitment to robustness and security. This initiative…
The host of the Coin Bureau channel Guy Turner is forecasting a bullish outlook for Bitcoin (BTC) and other crypto assets over the coming months. Turner tells the 2.44 million subscribers of the Coin Bureau YouTube channel that Bitcoin and other crypto assets are around nine months away from recording massive gains. The fact of the matter is that BTC and altcoins will likely end the year much higher than their recent prices. This means new all-time highs for BTC that could be closer to $100,000 and all-time highs for most altcoins, not just meme coins. 2025 is when prices…
In a remarkable financial maneuver, a significant transaction involving the transfer of over two trillion Pepe (PEPE) tokens was detected and reported by Whale Alert. The transaction, amounting to a staggering $20.22 million, involved the movement of funds from the crypto exchange Binance to Crypto.com. This massive transfer has sparked a flurry of speculation and analysis among market watchers and participants alike. 🚨 2,248,769,006,203 #PEPE (20,219,806 USD) transferred from #Binance to #CryptoComhttps://t.co/1rerh5MfRb — Whale Alert (@whale_alert) March 13, 2024 Adding to the intrigue, a similar event was noted just the day before. According to Spot On Chain, another substantial transfer…
Participants in the crypto market continue to clamor for clear crypto rules from U.S. regulators, particularly from the SEC, infamous for charging crypto firms with violating federal security laws. A significant breakthrough emerged when U.S. District Judge Analisa Torres ruled against the SEC in July 2023 that XRP is not a security. However, the SEC recently secured a victory over crypto exchange Coinbase regarding how crypto assets may classify as security. In particular, U.S. District Judge Katherine Failla sided with the SEC by ruling that tokens sold on exchanges like Coinbase qualify as investment contracts. Meanwhile, Judge Torres rejected this…
Leading American trading platform Uphold has unveiled a new crypto investment basket featuring XRP and other financial-based tokens. In a recent post on X, Uphold announced pushing out a new finance basket on its platform featuring six assets, including XRP. For context, crypto Baskets on is a system that seeks to simplify the challenges of building a robust cryptocurrency portfolio. It cuts the process of navigating through thousands of crypto assets to pick worthy investment instruments. Essentially, Uphold Baskets equip users with a one-click route for crypto portfolio diversification, containing carefully selected crypto assets within a “basket.” Uphold launched this…
In this article we will see some predictions about the price of Bitcoin by the end of the year: comparing it to the performance in previous market cycles, we can hypothesize a price above $100,000 by December. Let’s see all the details below. Bitcoin price predictions in USD: comparing with other bull cycles Short-term analysis on Bitcoin: likely ranging from 68,000 USD to 65,000 USD over the weekend Bitcoin price predictions in USD: comparing with other bull cycles At this historical moment, making predictions about the future price of Bitcoin is not easy at all, especially after the currency has…
Ripple’s IDO inspires Inpay and Tranglo’s collaboration for European fintech with instant SEPA. XRP’s surge reflects legal wins and Ripple’s strategic moves for growth. Ripple CEO highlights XRP’s potential amidst regulatory challenges in Bloomberg interview. Amid Ripple’s XRP slow but steady price surge, Ripple’s cross-border payment solution success takes the stage. In a groundbreaking move, Inpay and Tranglo join forces to elevate Europe’s fintech sector with the rollout of Instant SEPA across 36 nations. Powered by Ripple’s On-Demand Liquidity (ODL), this partnership is reshaping cross-border payments with the transformative potential of XRP technology. Ripple’s substantial 40% stake in Tranglo signifies…
There has been an increase in bank accounts belonging to crypto professionals being frozen or restricted across the UK, US, and EU over the past few months. They say you often don’t care about something until it happens to you; well, this week, it did. To my genuine surprise, it came from the one place I least expected it. Revolut has long been regarded as the most crypto-friendly bank in the United Kingdom, offering in-app crypto purchases and, in 2023, finally adding the ability to send and receive crypto, albeit with certain limitations. However, recent events have called into question…
Blockchain forensics firm Nansen has uncovered Arkham’s shady $55 million transfers in ARKM, suggesting potential sales on Binance. Arkham Intelligence, a blockchain deanonymization platform backed by Binance and others, has found itself in hot water after its rival Nansen revealed that Arkham sent over $55 million in ARKM tokens to unlabeled addresses, which then allegedly sold the tokens on Binance. In an X thread on Apr. 4, Nansen wrote that Arkham had moved over 25.2 million ARKM tokens over the past few days, with most of the funds gone to “wallets unlabeled on their platform, where a significant portion has…
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted 294 bitcoins in March, marking a 28.4% enhancement over March 2023’s earnings. Ahead of Bitcoin’s Next Halving, Bitdeer Taps TSMC for Proprietary Mining Chips Following the unveiling of its in-house developed application-specific integrated circuit (ASIC), Bitdeer (Nasdaq: BTDR) has rolled out its business update for March 2024. This announcement highlights the collaboration with Taiwan Semiconductor Manufacturing Company (TSMC) on its unique mining processor, the SEAL01. Established in 1987,…