Author: NBTC
River has introduced a new product that provides users with interest on cash deposits, which can be paid in USD or BTC. The “Bitcoin Interest on Cash” feature pays a variable rate of interest, which currently stands at 3.8% as of Oct. 22. River’s aim is to give bitcoin users the best of both worlds between maintaining a cash buffer of savings to meet expenses as they arise, while also earning BTC. Bitcoin financial services company River Financial has introduced a new product that provides users with interest on cash deposits, which can be paid in BTC or USD. The…
The Bitcoin market could be poised for a rebound as a notable market analyst predicts an impending surge to a new all-time high. Bitcoin’s recent downtrend may be short-lived, as analyst Mikybull has indicated an underlying market surge. According to him, Bitcoin may rally to a new all-time high above the $80,000 mark, placing bulls in full command of the market. The largest crypto asset has seen a notable 3% rally in the past 24 hours and a 7.5% recovery from the $52,859 low seen on September 6. However, Mikybull Crypto has tipped it to continue this uptrend, citing a…
Bitcoin (BTC) mining firm TeraWulf Inc. WULF stocks fell over 7% to $5.84 following the firm’s announcement of a $425 million offering of 2.75% convertible senior notes due in 2030. VanEck head of digital assets research Matthew Sigel highlighted that WULF was the worst-performing share in VanEck Digital Transformation ETF (DAPP) on Oct. 24. Sigel stated: “Instead of Announcing an AI/HPC Customer, Which Investors Are Eagerly Awaiting, They Announced a Dilutive Convertible.” The current decline in Terawulf’s share price is also a healthy retracement following a blistering 71% climb this month between Oct. 9 and Oct. 22. Ernst & Young…
TRON (TRX) is ready to airdrop 888 TRX to every meme crypto team behind launches on SunPump. The incentive kicks off amid a 37x decline in the platform’s activity. TRON meme coin launchers to get TRX airdrop Today, Sept. 23, 2024, SunPump “888 TRX” Meme Creator Incentive Campaign launches for crypto addresses that created meme cryptos on the platform in recent weeks. 📢 Announcement on the Launch of the “888 TRX” Meme Creator Incentive CampaignTo incentivize meme creators on #SunPump, the “888 TRX” incentive campaign has officially launched!Starting at 00:00 (SGT) on Sep 23, 2024, creators whose meme coins reach…
Marc Fagel, a former securities lawyer and former SEC official, provides insight into a recent filing submitted in the Ripple lawsuit. In a startling development, the United States Court of Appeals for the Second Circuit filed an “Acknowledgment and Notice of Appearance Default Notice” in the SEC v. Ripple docket. Popular XRP community figure Sherrie shared the filing on X yesterday. #XRPArmy #XRPCommunity Filed today: pic.twitter.com/IJwJhfdd9h — Sherrie 🌸 (@CherryEmpress21) October 22, 2024 Second Circuit Notice Triggers Speculation in XRP Community Per the filing, the Second Circuit emphasized that the appellee’s counsel failed to submit its notice of appearance on…
The recent Bitcoin (BTC) price rally above $56k has raised expectations of further crypto rebound in the coming days. Bitcoin’s daily Relative Strength Index (RSI) has been forming a bullish divergence amid the rising demand from whale investors. Furthermore, the US spot Bitcoin ETFs posted a net cash inflows of about $28 million on Monday, led by Fidelity’s FBTC. Additionally, on-chain data shows the overall supply of stablecoins on centralized exchanges increased by about $300 million in the past 24 hours. Short Squeeze Impact on Bitcoin Price According to market data provided by Santiment, the possibility of a Bitcoin short…
Hamster Kombat has finally allocated HMSTR to users a few days before the official airdrop. But token allocation details have left many players upset. Whether you’re one of the millions of avid players of the Telegram-based tap-to-earn game Hamster Kombat, or you’ve managed to ignore it entirely, the hype around the game since its launch this spring is very real. Most of the news around the game has been focused on shifting information around the much anticipated launch of the game’s native token, HMSTR, and its predicted price. Now, as the game ends its first season since launching in March,…
The UK is expected to pass stablecoin regulations soon, with Circle’s global policy head, Dante Disparte, predicting that the laws could be introduced in “months, not years.” The United Kingdom’s regulatory approach has been slow, especially compared to the European Union, which has already implemented the Markets in Crypto Assets (MiCA) regulation, and Singapore, where stablecoin laws are already in place. Still, Disparte says this caution might have been a good thing, considering the high-profile collapses that shook the crypto industry in 2022. UK playing catch-up in crypto regulation Crypto has seen its share of crises, and stablecoins are now…
Mech shooter game MetalCore will migrate from Ethereum layer-2 gaming network Immutable zkEVM to Solana, developer Studio 369 announced Thursday. The move is set to take place alongside the start of the game’s second season set for sometime in November. Studio 369 cited Solana’s “exceptional” ability to process a large number of transactions and growing ecosystem as to why it’s making the move. “Solana continues to show impressive growth and stability, being able to process billions of dollars in transactions while maintaining 99.95% uptime,” Matt Candler, president and CEO of Studio 369, told Decrypt. He also cited Solana games like…
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create a Web3 economic hub for businesses and creators. Bringing DMM Group’s IP Development Capabilities to Web3 Japanese cryptocurrency exchange DMM Crypto, a subsidiary of media and entertainment conglomerate DMM.com LLC, recently announced the coming on board of Neoclassic Capital, a global investment firm headquartered in Florida, as its lead investor. Additionally, the exchange has established a strategic partnership with quantitative…