Author: NBTC

Trujillo also allegedly used Form 8888, which allows taxpayers to split a direct-deposit refund among up to three bank accounts, to direct portions of taxpayers’ refunds into bank accounts belonging to herself and an associate. A federal grand jury returned the indictment Oct. 7, and authorities arrested her Oct. 9. She is released on a $50,000 bond pending trial. Each charge of aiding and assisting in the preparation and presentation of a false income tax return carries up to three years in prison upon conviction. The charges remain allegations, and she is presumed innocent unless proven guilty beyond a reasonable…

By the Numbers Currently, the broader crypto market shows varying momentum across major assets. While Solana’s trading volume is not reported, the launch of Jupiter’s staking platform could stimulate interest and activity among users. Increased staking participation can lead to a more robust ecosystem, driving further market engagement as awareness of these new options spreads. Solana is a high-performance blockchain platform designed for decentralized applications and crypto projects. Jupiter Exchange aims to improve user experience and accessibility within the Solana ecosystem, making it an appealing choice for both retail and institutional investors looking for staking opportunities. What Traders Are Watching…

Not everyone is moving away from bitcoin mining. Nasdaq-listed NIP Group (NIPG) announced plans last week to essentially increase its mining capacity by about 48%. The company said it expects to generate about 195 bitcoin a month at full deployment. Moving into AI also requires more than access to electricity. Ethan Vera, Luxor’s chief operating officer, told CoinDesk that its software business works with bitcoin miners representing nearly two gigawatts of power capacity. After assessing more than half that capacity, Luxor found that most sites had sufficient electricity and fiber connections for AI workloads but would require new data centers.…

The continued retreat leaves buyers struggling to regain control. Bitcoin’s technical indicators suggest that recovery attempts remain fragile, increasing the risk of another move toward lower support levels. Bitcoin price forecast: $BTC trades below its 50-day EMA Bitcoin remains below its 50-day Exponential Moving Average at $80,787, making that level the first significant obstacle to a recovery. However, the cryptocurrency continues to trade above its 100-day EMA at $77,677 and its 200-day EMA at $76,300. These longer-term averages provide support and help preserve its broader bullish structure despite the recent decline. The current setup places Bitcoin between overhead resistance and…

$USDC Takes the Biggest Hit as Stablecoin Balances Shrink Data from Defillama on Oct. 25 shows that $USDT, the largest stablecoin, carried a market capitalization of $182.423 billion, down $990.43 million over seven days and $1.29 billion over 30 days. $USDC took a considerably harder hit. Its capitalization stood at $71.743 billion after shedding $878.72 million in one week and $4.69 billion over the month. Among the 15 largest stablecoins, the combined seven-day contraction reached approximately $1.90 billion. The 13 tokens with available Defillama monthly figures registered a net $5.82 billion decline, with $USDC accounting for roughly 80% of that…

Token Metrics Solana’s engagement with discussions on tokenized equities highlights a potential shift in investment strategies among crypto enthusiasts. The absence of trading volume at this moment indicates a relatively quiet market, but the conversation around tokenized equities could spark renewed interest. Investors are likely watching for developments that could accelerate growth in this domain. Solana is a high-performance blockchain platform designed for decentralized applications and crypto projects. It has gained traction for its speed and scalability, making it a popular choice among developers. The jurisdiction over tokenized equities lies with regulatory bodies that oversee securities, ensuring compliance with financial…

Federal securities law preserves states’ authority to investigate fraud, deceit, and unlawful broker or dealer conduct. California’s objection focuses on losing preventive screening tools through federal limits on state registration and qualification requirements. SEC Sets Offering Limits and Disclosure Duties Qualifying issuers could raise up to $5 million over four years through a startup exemption, while a separate crypto fundraising exemption would permit up to $75 million per 12-month period. Both routes would require narrative disclosures: written explanations of the project, its risks, and other information investors need to evaluate an offering. The SEC’s proposed crypto offering framework would also…

Base’s post, replying to Anthropic’s IPO announcement, read: “Tokenized Anthropic shares on Base.” Its only short link opens attached media, not a product page or offering document. Loading post from X… View post on X Base’s stock-token page describes Coinbase-issued tokens backed one-for-one by shares held in regulated custody. Anthropic is absent from that page’s registry, which states: “If a token is not on this list, Coinbase did not issue it.” A $125 Starting Reference, Not an IPO Price Trade.xyz’s launch announcement followed Anthropic’s filing announcement at 9:05 a.m. ET. The ANT specification sets a $125 initial reference price and…

Market Pulse The transfer of 645 $BTC from Coinbase Institutional marks a significant movement in the market, particularly in a context where traders are vigilant about wallet activities. The ongoing mixed signals from the broader crypto market compound the intrigue surrounding this transaction. As traders analyze the implications of such transfers, the potential for volatility remains high, especially if this leads to increased selling pressure or accumulation strategies in the coming days. Coinbase Institutional is a major player in the cryptocurrency exchange space, facilitating large-scale transactions for institutional investors. The recent transfer underscores the importance of monitoring liquidity flows and…

By the Numbers The current price of Kimchi is $0, with no reported volume in the last 24 hours. This lack of liquidity suggests thin trading conditions, yet the recent social media activity is likely to attract speculative interest. Traders are positioned to capitalize on any volatility stemming from further developments in Kimchi’s narrative. Kimchi operates within a niche segment of the cryptocurrency market, often defined by its cultural resonance and meme-driven appeal. This recent bio update reflects the dynamic nature of social media’s influence, which can significantly sway trader sentiment and activity within the crypto ecosystem. Key Levels to…