Author: NBTC
Republican Mike Collins, re-elected to the U.S. House of Representatives in Georgia’s 10th Congressional District, holds Ethereum. Collins disclosed an investment in Ethereum (ETH) worth nearly $80,000, according to the platform Quiver Quantitative. The platform, which tracks investment purchases and trades of key public figures, shared this via a post on X on Nov. 8. As well as Ethereum, the lawmaker has reportedly also purchased $15,000 worth of Aerodrome (AERO). Aerodrome is an automated market maker and decentralized exchange that functions as the central liquidity hub for Base, a layer-2 network on Ethereum launched by Coinbase. Rep. Collins disclosed the…
Polygon rapidly expands with upgrades, partnerships, and the migration from MATIC to POL tokens. The network’s stablecoin market cap has doubled to $2.1 billion. Polygon is accelerating its growth and influence in the blockchain space with a series of strategic upgrades, partnerships, and developments. From tokenized assets to breakout applications, the platform is positioning itself as a hub for decentralized projects and real-world asset integration. The transition from MATIC to POL, combined with increased daily active addresses and NFT sales, highlights Polygon’s position as a leading force in the blockchain industry. • token upgrades• $2.1B stablecoin market cap• #2 tokenized…
U.S. Senator Sherrod Brown, a longtime crypto skeptic and chair of the powerful Senate Banking Committee, has lost his re-election bid in Ohio to Republican Bernie Moreno, handing a significant win to the crypto lobby after a record-breaking investment campaign. Brown’s loss comes after Fairshake, a pro-crypto super PAC, poured an astonishing $40 million into unseating the influential Democratic incumbent, marking the largest share of its national budget. The former Democratic incumbent has secured 2.4 million votes, or 46.1%, to Moreno’s 2.6 million, representing a 50.5% share, according to the latest figures from The Associated Press. His defeat represents a…
A well-known Bitcoin whale has accumulated more than 600 $BTC (nearly $43.33M) over 2 weeks. As per Lookonchain, a popular on-chain analytics firm, the accumulation of an additional 600 $BTC results in the whale’s total holdings reaching a staggering 2,000 $BTC (accounting for $144.82M) over the last 2 weeks. The analytics provider discussed this event on the social media platform X. A whale accumulated another 600 $BTC($43.33M) 2 hours ago.The whale has accumulated 2,000 $BTC($144.82M) in the past 2 weeks, with an unrealized profit of $6.3M!Address:bc1quyzu5xj0m4nczlfa0njzfgf8z0t7spsfz28ly5cn6v8w8mk4ra5s07ypfr pic.twitter.com/zvTyZwFVDZ — Lookonchain (@lookonchain) October 30, 2024 Bitcoin Whale Sees $63M in Unrealized Gains…
Bears shorting the market continue to be on the wrong side of the spectrum as almost all cryptocurrencies are charting more gains ever since Donald Trump won the 2024 US presidential elections. In the past few hours alone, BTC tapped a fresh peak at over $77,000, while ETH is itching closer to $3,000, and a particular whale was caught off guard on BitMEX. It has been a rather spectacular week for the cryptocurrency market. It all started as it became evident Trump will be the next US president on Wednesday morning. Bitcoin, which has been praised by the Republican candidate…
In the last 24 hours, the Shiba Inu (SHIB) ecosystem has recorded significant activity as volatility persists in the broader cryptocurrency space. A key metric of SHIB, its deflationary mechanism, the burn rate is on a massive surge. According to Shibburn, this index has spiked by a massive 8,193% as the network tries to checkmate the recent price crash. Millions of Shiba Inu removed from circulation This surge removed 3,106,197 SHIB from the circulating supply. Eight transactions involved the burning exercise, which sent the tokens to dead wallets. The last transaction recorded sent one million tokens in a single batch…
Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets. In the House of Representatives, 220 pro-crypto candidates have been elected, surpassing the 106 elected who are against crypto initiatives, according to Stand With Crypto. In the Senate races, pro-crypto candidates also show promising results as Republicans take back control of the Senate. Fourteen candidates who strongly support crypto have been elected so far, compared to nine who are opposed. Notably, in Ohio, Republican Bernie Moreno, a strong crypto advocate, has won the Senate seat with…
A widely followed crypto trader says that one catalyst could cause Ethereum (ETH) to spark a rally that sees it rise by nearly 70%. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.53 million YouTube subscribers that the second-largest digital asset by market cap could regain its all-time high (ATH) in 2025 once it receives the Pectra upgrade. “Pectra and the upgrades that will follow it are bullish for ETH — so much so that they could eventually be the catalysts that help ETH regain its all-time high.” According to Binance, the Pectra update, due…
The anti-immigrant dog and cat eating conspiracy Donald Trump referenced during last night’s presidential debate has been circulating in the trenches of Pump.fun for a couple of days. Despite this, meme coins referencing the disproven claim flopped during the debate. Interestingly, most of them saw their peak hours before the Republican nominee brought it up. “In Springfield, they’re eating the dogs—the people that came in—they’re eating the cats,” Trump said during a debate with Vice President Kamala Harris. “They’re eating the pets of the people that live there, and this is what’s happening in our county.” Trump goes off the…
West Virginia Governor Jim Justice has secured the Senate seat previously held by Democrat Joe Manchin, marking a shift to Republican representation. Justice’s win makes him the first Republican to hold this seat since Senate Majority Leader Robert Byrd in 1959. This result signals a broader alignment with pro-crypto policies in the Senate, with Justice gaining considerable backing from the crypto community. Source: X As reported by Fox Business journalist Eleanor Terrett, Justice received strong support from crypto advocates, including $3 million from the pro-crypto super PAC, Defend American Jobs. Coinbase CEO Brian Armstrong also contributed $3,300 to Justice’s campaign,…