Author: NBTC
The Token2049 conference in Singapore attracted some of the biggest names in crypto, and some of them, unsurprisingly, took the opportunity to pump their own bags. According to some attendees who watched Arthur Hayes’ speech at the conference on Wednesday, the ex-BitMEX CEO took nearly 30 minutes of stage time to promote one of his favorite crypto projects, Pendle. On Friday, he sent over a million dollars of Pendle to his accounts at Binance and ByBit. Because centralized exchanges like Binance and ByBit commingle customer assets together, preventing absolute confirmation of what occurred, many people interpreted the transfer as an…
Coinbase CEO Brian Armstrong has publicly endorsed David McCormick, the Republican Senate candidate running for a seat in Pennsylvania. Armstrong’s strong support for McCormick aligns with Pennsylvania’s recent passage of the Bitcoin Rights Bill. On October 23, Pennsylvania’s House of Representatives passed HB-2481, making it the latest state to clarify digital asset regulations. In an X post on October 25, Armstrong stated, “Now let’s elect Dave McCormick for Senate to protect our rights at the federal level.” Nicely done Pennsylvania – now let’s elect Dave McCormick for Senate to protect our rights at the federal level. https://t.co/ds9ORbTsXE — Brian Armstrong…
Digital artist Mike “Beeple” Winkelmann broke records in 2021 with the sale of his NFT artwork “Everydays: The First 5,000 Days,” which sold for $69.3 million at auction. Since then the fervor around NFTs has cooled substantially, with trading volumes plunging by over 90%. Mike Winkelmann, aka Beeple, and Tim Marlow OBE. Image: Decrypt Speaking last week at an on-stage interview with the chief executive of the Design Museum, Tim Marlow OBE, at London’s Royal Academy of Arts, Beeple reflected, “It’s crazy to me to think about those times, because NFTs have been hated for so much longer than they…
A crypto trader purchased 2,379 Wrapped Ether (WETH) worth $5.9 million in a series of strategic moves. And, in over 40 minutes, they acquired a total of 7,428 WETH at an average price of $2,477 per WETH. While this demonstrates the potential rewards of careful planning, experts warn against blindly copying large traders without understanding their strategy. 「波段胜率 83% 的聪明钱」时隔十天重出江湖👊过去半小时他以均价 $2471 买入 5049 枚 WETH，价值 1248 万美金，正式开启第 13 次波段！而他在 09.29 以均价 $2660 建仓的 10090 ETH 中还有 5117.5 枚未卖出，目前浮亏 93.6 万美金截止目前他的战绩是 12 战 10 胜，每轮波段详情如图所示 https://t.co/To1CGuBBGb pic.twitter.com/xAxJ8bJle1 — Ai 姨 (@ai_9684xtpa) October 25, 2024 In a volatile market, the trader’s methodical…
Amid growing volatility and downward pressure in the cryptocurrency market, a new Bitcoin (BTC) price prediction has surfaced. Digital asset investment firm 10x Research suggests that Bitcoin’s value could drop to $45,000. In the firm’s report, Markus Thielen, Head of Research, outlines several factors supporting this forecast. BeInCrypto further explores this possibility by analyzing key on-chain metrics in its assessment of Bitcoin’s current outlook. Key Reasons for the Adjustment in Bitcoin Forecast Bitcoin price currently trades below $55,000 despite hitting a new all-time high of $73,750 in March. According to 10x Research, this significant correction was expected due to changes…
Lido, a well-known liquid staking protocol, is about to revolutionize the logic of Ethereum’s Proof-of-Stake through a major crypto update. The project has just released the Community Staking Module, which allows anyone to become a network validator by committing only 2.4 ETH. Until today, to run a validator node on Ethereum, 32 ETH were required.This solution makes access to consensus easier, potentially bringing more decentralization within the network. Let’s see all the details below. Lido activates the Community Staking Module on Ethereum’s crypto ecosystem: validators with 2.4 ETH The current entry barrier for validator nodes at 32 ETH Lido still…
has had a great week, gaining 35% in that time. The biggest gainer in the space, however, is First Neiro on Ethereum, which has surged 1,900% in the past week. Back to Floki: the token’s developer team has revealed that it intends to make a big announcement regarding its marketing efforts on Tuesday next week. Dear Vikings,#Floki will have a marketing announcement on Tuesday, September 24, at 4PM (UTC). Venue: $FLOKI X Spaces. Set your reminder to make sure you don’t miss it 👇https://t.co/Q8Weo8u0CT — FLOKI (@RealFlokiInu) September 19, 2024 Floki is no stranger to grand marketing moves. Starting in…
The U.S. Securities and Exchange Commission (SEC) requests a 2025 deadline for filing its main appeal brief in its lawsuit against Ripple. Prominent defense lawyer James Filan shared a screenshot of the SEC’s request on X yesterday. The SEC submitted the motion to Catherine O’Hagen Wolfe, the clerk of the Court of Appeals for the Second Circuit. Per the filing, the commission requests that January 15, 2025, be set as the deadline for filing its principal brief. The request comes a week after the SEC filed its pre-argument statement detailing the issues it seeks to appeal in the Ripple ruling.…
Recently, Janet Yellen, the Treasury secretary, expressed her faith in the U.S. economy’s recovery, pointing out that the recent cooling jobs data indicates a soft landing as opposed to an approaching recession. Yellen is still upbeat despite August’s nonfarm payroll growth of 142,000, which was less than anticipated but nevertheless positive, and unemployment at 4.2%. She made it clear that the U.S. claims that there are not any large layoffs occurring and that the economy is deeply into a recovery. For cryptocurrencies like Bitcoin and others, this poses a crucial question: Will the strengthening U.S. influence Bitcoin’s performance or might…
Ethereum’s price recently faced resistance in its journey toward the $3,000 mark, struggling to secure $2,700 as a solid support floor. The recent price action saw unexpected selling pressure that prevented further gains, yet this offloading seems to be easing. With resistance levels now tested, ETH could see renewed buying momentum, suggesting a more favorable outlook in the coming weeks. Ethereum Is Noting a Slowdown in Selling Ethereum’s exchange net position change has been trending downwards since the beginning of the month, a positive sign for ETH’s potential rally. As the metric inches closer to the neutral line, this shift…