Author: NBTC
Recent market activity shows that crypto whales are aggressively purchasing Bitcoin (BTC), hinting at a potential market recovery. This week, Spot On Chain highlighted notable transactions, including a substantial withdrawal by a crypto whale—36LMb. This investor moved 999.999 BTC, worth approximately $55.09 million, from Binance, with Bitcoin priced at $55,114 each. Crypto Whales Buy $227 Million in Bitcoin This activity is part of a larger trend where crypto whales withdrew over 4,014 BTC, valued at more than $227.7 million in just the past week. The notable withdrawals from Binance involved several key players: Crypto whale 1KuPi withdrew 1,110 BTC worth…
Shiba Inu’s official X handle celebrates the successful first 48 hours of K9 Finance’s Liquid Staking and Derivative (LSD) platform. In a tweet yesterday, Shiba Inu’s ecosystem team called the public’s attention to the latest milestone achieved by K9 Finance. This comes after K9 Finance launched its highly-anticipated liquid staking solution, dubbed Bonecrusher, on Shibarium. For context, K9 launched Bonecrusher on September 18, allowing users to stake their Bone ShibaSwap (BONE) tokens. Remarkable Performance of K9 Staking Solution Two days after the launch, Buzz, the pseudonymous founder of K9, took to X to highlight the project’s achievements. According to Buzz,…
Bitcoin (BTC) traded between $54,000 and $55,000 over the weekend as investors await a critical week marked by US economic data releases and the high-profile presidential debate between Donald Trump and Kamala Harris. Bitcoin Is ‘Largely Worthless’ Ahead of CPI Release and Trump-Harris Debate Week, Investors Say As the market awaits inflation figures and political developments that usually affect crypto prices, BTC trading volumes were lower and there was little movement among major tokens. On Friday, a sudden market crash following the employment report triggered the liquidation of over $220 million worth of crypto long positions, leading to sluggish activity.…
Following the sudden surge in the value of the meme cryptocurrency First City in Mars (TERMINUS), a trader capitalized on the momentum to record a 920-fold return on their initial investment. On-chain data indicates that the anonymous trader turned a $135 investment into a massive $124,000 in just two weeks, thanks to the explosive growth of TERMINUS, according to Lookonchain analysis in an X post on September 21. The token, traded on Uniswap and paired with Ethereum (ETH), experienced an astronomical rise following speculative social media posts about Elon Musk’s future Mars colony. The buzz began when DogeDesigner, a popular…
Binance, one of the world’s largest cryptocurrency exchanges, has announced a new feature that allows its users to use their crypto assets more flexibly. Thanks to the partnership with Paymonade, users will be able to sell their cryptocurrencies directly to their credit or debit cards. This innovation allows cryptocurrency owners to quickly and securely convert their assets into cash. Binance users will be able to instantly transfer their cryptocurrencies to their cards without having to deal with a complicated process and use them for daily needs or urgent expenses. As a company specializing in payment processing services, Paymonade aims to…
Robert Kiyosaki, prominent financial expert and investor in Bitcoin and gold, author of the classic book on finance management “Rich Dad Poor Dad” has addressed his multi-million audience on the X network to reveal to them an important secret to do with money. He believes this is a fundamental issue and this was a “lesson” associated with his aforementioned book published back in the late 1990s. “Money secret” from Robert Kiyosaki Kiyosaki took to his X account to share with the audience “two biggest lies ever told”. Those are “and they lived happily ever after” and “I’m not interested in…
Billy Markus, known on the X social media network as Shibetoshi Nakamoto, who created the iconic meme cryptocurrency Dogecoin in cooperation with Jackson Palmer in 2013, published a tweet about Elon Musk, to defend him against recent criticism on the internet from certain U.S. politicians. Those included the California governor who threatened to sue Elon Musk over posting memes. While the discussion in the comments took a slightly different direction, Markus shared his feelings on selling almost all his DOGE nine years ago. Crypto enthusiast @ChadCaff shared a screenshot of an article with its title saying that “Dogecoin creator sold…
Binance, the world’s largest cryptocurrency exchange, has tweaked its Binance Connect service to streamline fiat-to-crypto transactions for Web3 projects, as confirmed to Finbold on Thursday, October 24. The revamped Binance Connect service helps businesses simplify crypto trades to integrate into Binance’s existing platform and enhance user experience and efficiency. Integrated within third-party platforms, Binance Connect allows eligible Binance users to manage crypto transactions from their decentralized finance (DeFi) wallets directly. The new Binance Connect Supporting over 100 fiat currencies and 300 cryptocurrencies, along with 300 payment methods, Binance Connect offers a wide range of transaction options, including traditional and digital…
In line with the latest statistics, Bitcoin ($BTC) whales are again executing big moves. Lookonchain, a popular on-chain analytics company, has disclosed that the whales are currently amassing $BTC in huge amounts after the recent downturn in the market. The analytics provider took to its official social media account on X to offer insights into this development. Whales are accumulating $BTC after the market drop!Since Sept 1, 3 whales have accumulated ~2,814 $BTC($157.3M) from #Binance at an average price of $55,887.Address: bc1qg32kay34ma85prkvxwtx3gxlm9w5yaeffz8djs bc1qd565stuuglgze8lmegv29662357meetprgjlx4… pic.twitter.com/cnivyiqAlR — Lookonchain (@lookonchain) September 9, 2024 3 Bitcoin Whales Amass 2,814 $BTC After a Market Decline…
In a recent tweet, Ripple’s chief technology officer (CTO) shared insights on cryptocurrency use in payments including XRP, shedding light on its valuation in relation to payments. That won’t make your payments any cheaper. It’ll just mean that buying and selling the same value of XRP moves the market against you more, making payments even more expensive. — David “JoelKatz” Schwartz (@JoelKatz) September 20, 2024 In response to an X user, Schwartz remarked that virtually no crypto is being used for payments. XRP on the other hand has wide availability, is among the top five in terms of market capitalization…