Author: NBTC
In a sudden move just prior to the anticipated Bitcoin halving event, a substantial sum of $1 billion in Bitcoin has been transferred in a notable transaction to Binance, the world’s largest cryptocurrency exchange. The transaction, totaling 16,276 BTC, was revealed by Whale Alert, a platform specializing in tracking significant cryptocurrency movements. Despite originating from wallets initially classified as unknown, further investigation by Arkham data suggests a connection to Binance, with one wallet identified as belonging to the exchange’s SAFU Foundation. Established in 2018, the SAFU Foundation serves as an emergency fund designed to protect users’ assets. 🚨 🚨 🚨…
After dropping below $57,000, the Bitcoin price experienced a partial recovery with the data from the USA. Following the decline of BTC, there were also major declines in altcoins due to the large amount of token lock openings in the previous week. However, there are large token lock openings in the cryptocurrency market in the new week and we will see how the market will react to them over time. Here is the token lock opening calendar that we, as Bitcoinsistemi.com, have prepared specially for you: (All times are UTC+3 Türkiye time) AltLayer (ALT) Market Value: $410.63 billion Amount of…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The recent sentencing of Tornado Cash developer Alexey Pertsev to 64 months in prison by a Dutch court sends a chilling message to the tech community: code itself is being criminalized. This verdict not only unjustly punishes a developer for creating software but also sets a dangerous precedent that undermines innovation and stifles technological progress. You might also like: Sam Bankman-Fried and Changpeng Zhao: Two of the biggest crypto titans are sentenced | Opinion Pertsev’s conviction for…
In a significant development for the Web3 space, Lisk, a part of the Optimism Superchain, has announced its transition to the ERC-20 standard, marking a pivotal moment in its aim to onboard more users to Web3. This shift is designed to enhance the scalability and accessibility of Lisk, making it more compatible with a broader range of decentralized applications. The support from Kraken, one of the leading cryptocurrency exchanges, plays a crucial role in this transition, as expressed in Lisk Sepolia’s recent announcement, celebrating the support from Kraken for the ERC-20 LSK token. This partnership underscores a mutual commitment to…
Prominent financial and cryptocurrency analyst, who posts under the pseudonym Plan B, has made a bullish BTC prediction for this and next year in accordance with his Stock-to-Flow (S2F) for Bitcoin model, which predicts its price in the future. The prediction made by Plan B was related to the approaching Bitcoin halving event. Bitcoin to top $300K in 2025: Plan B Renowned financial analyst Plan B shared his take on the much-anticipated Bitcoin halvening and on how it is likely to impact the price of the largest cryptocurrency. He believes that this time the fundamental Bitcoin mining-related event will not…
Even if you’re not an avid ‘Cosmonaut,’ you’re probably familiar with Sunny Aggarwal, the co-founder of Osmosis Labs. With an infectious smile and upbeat personality, Sunny’s name is surprisingly apt. He’s the type of person whose deep intellect, quick wit, and unbridled passion light up the spaces around him. We were scheduled to meet at Cosmos Dubai during Token2049 but life had other plans. The Cosmos side event wasn’t to be. Dubai was struck by the worst floods in 75 years, reducing the skyscraping desert metropolis to a lake and plunging entire neighborhoods underwater. “There’s always Cosmoverse in October,” Sunny…
The EU regulations are still being finalized, but they are expected to significantly reduce the number of stablecoins offered in Europe. Kraken may delist USDT in EU to comply with MiCA Major crypto exchange Kraken is considering delisting Tether (USDT) from its European Union (EU) platform to comply with the upcoming Markets in Crypto-Assets (MiCA) regulations, according to a recent report from Bloomberg. The EU is setting MiCA regulations for crypto trading, specifically targeting stablecoins like Tether’s USDT. These rules will be enforced starting in July and will likely restrict how these stablecoins are offered in the EU. In a…
The cryptocurrency market currently presents a confusing scenario for investors. Bitcoin (BTC) has once again attracted attention this week, showing notable price changes amid a global economic shift and cryptocurrency-related developments. As of April 18, Bitcoin price today hovers at $61,080, down by approximately 13.85% over the past week and losing over $180 billion from its market cap. Furthermore, the cryptocurrency has experienced a decline of 3.49% in the last 24 hours. This recent downturn has pushed the market capitalization of BTC to $1.293 trillion. Key BTC levels to Watch The current Bitcoin trading situation represents a critical point, as…
Sui, a scalability-focused blockchain, has surpassed Solana, a top 10 cryptocurrency network, in activity levels, registering 41 million transactions on April 3. The activity overheating on Sui is caused by ‘spam’, a Sui native token designed to stress test the network’s capabilities, assigning tokens to users equivalent to the number of transactions issued. Sui Surpasses Solana’s Activity Fueled by Spam Stress Test Token Sui, a blockchain network that targets scalability and low fees, overcame Solana in registered activity. According to Artemis, a blockchain statistics tool, Sui registered over 41 million transactions on April 3, leaving Solana behind with 27.7 million…
Taiwan intends to tighten its digital asset regulations with a proposed bill seeking to criminalize digital currency crimes and impose harsher fines and prison sentences. The new bill targets VASPs serving Taiwanese investors and requires more stringent regulations to stamp out fraud and money laundering. Proposed by the Ministry of Justice, it heads to the Legislative Yuan in the coming weeks with the support of the Taiwanese government. Financial regulators in the East Asian nation have been hands-off with the industry and have given VASPs a high degree of autonomy. In March, the Ministry of Interior approved an application for…