Author: NBTC

The Cardano community is currently speculating about whether or not the Gemini exchange is preparing to list the ADA token. Frederik Gregaaard, the CEO of the Cardano Foundation, recently stated that he was working with major exchanges in order to list Cardano-based tokens: “We’ve also engaged with several exchanges because I want way more Cardano native assets listed on exchanges,” he said. On Saturday, Gemini published a Cryptopedia post penned by Gregaaard that delves into the basics of Cardano, which include its structure, consensus algorithm, programming languages as well as Cardano’s road map. Gemini launched the Cryptopedia education platform back…

Analyst and founder of the Capriole Investment fund Charles Edwards has published an X/Twitter post to share three possible scenarios he expects to happen to Bitcoin now that the much-anticipated halving event took place over the weekend. Bitcoin miner price spikes In his tweet, Edwards announced that the electrical cost of Bitcoin has increased to a massive $77,400 after that Saturday halving. He clarified that this is the cost of raw electricity to power the Bitcoin network per each new BTC coin produced by miners. However, he also proudly noticed that due to the halving, the overall Bitcoin miner price…

Turbo (TURBO), an AI-generated memecoin, has surged 40% in the past 24 hours amid a trending status in the United States. At the time of writing, TURBO was trading at $0.001105, marking over 100% rise over the past week. The token’s market capitalization has crossed $70 million, reflecting a 40% rise, while its 24-hour trading volume hit $37 million, up 160%. TURBO 24-hour price chart | Source: CoinMarketCap Turbo Token, the brainchild of digital artist Rhett Mankind, emerged as an experiment in cryptocurrency development using artificial intelligence. Mankind used GPT-4 to generate the concept for a memecoin with just a…

The U.S. derivatives agency approved a proposal to ban popular prediction market trading, with three of the five commissioners approving the proposed rule. The public will have 60 days to weigh in with comments on the potential rule. The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts. The agency has conducted a years-long legal fight with such firms, and the proposed rulemaking approved by the…

Bitcoin’s price has been consolidating over the last few weeks after a failure to break above the $75K mark. Yet, things might be about to change. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price is still trapped between the $60K and $68K levels, failing to break out to either side. That said, during the past few days, the bulls have made considerable progress and have been able to push the BTC price closer to $68K. A breakout above the $68K level might likely induce a continuation. On the other hand, a breakdown of…

An anonymous whale has withdrawn a staggering 120 million Dogecoin (DOGE) from popular trading platform Robinhood. This massive withdrawal, valued at approximately $18.1 million based on the current DOGE price of $0.152, has raised eyebrows across the community. The recipient of this substantial transfer, identified only by the address “DDuXG,” is no newcomer to the scene. DDuXG is a well-established Dogecoin whale known for orchestrating significant movements on the market. With this latest transaction, DDuXG’s wallet now boasts a 1.92 billion DOGE portfolio, equating to an impressive $292.4 million. 🚨 120,000,000 #DOGE (18,097,831 USD) transferred from #Robinhood to unknown wallethttps://t.co/KNChEN3268…

During a recent conversation with Chris Vasquez, the host of the “World Class,” Ripple CEO Brad Garlinghouse issued a major warning about Tether, the largest stablecoin issuer. “The US government is going after Tether. That is clear to me,” he stressed. “I view Tether as a very important part of the ecosystem” the Ripple CEO noted. He finds it hard to predict the exact impact that it will have on the ecosystem. Tether’s flagship USDT stablecoin is currently valued at $111 billion, according to CoinGecko data. Being Ripple’s CEO is “lonely” During the conversation, the Ripple CEO recalled that he…

On Bitcoin Halving day, Bitcoin Core contributor Bryan Bishop volunteered to replace Luke Dashjr as the Bitcoin Improvement Proposal (BIP) editor. And while it may have started as a joke, the movement to displace Dashjr is gaining momentum. Dashjr is a staunch member of the Bitcoin old guard. Bishop, however, is more open to exotic financial products, having worked at futures and options exchange LedgerX and Avanti Bank which tried to launch its own stablecoin, AVIT. The part-real, part-meme of Bishop’s desire to work as Bitcoin’s BIP editor (a volunteer position that doesn’t actually exist except by historical custom and…

In a recent development, Bloomberg ETF analyst Eric Balchunas contradicted Grayscale CEO Michael Sonneshein’s optimistic outlook regarding the approval of Ethereum Spot ETFs. Sonneshein previously expressed his belief that these ETFs could gain approval in May. But Balchunas has a different perspective. “I disagree. We’re pessimistic as always. So it might happen at some point, but I don’t think it’s within a year.” Balchunas also added that any rejection and elections in November are important variables that could change the outlook. Interestingly, Balchunas also noted that Grayscale withdrew the ’33 Act Ether Futures ETF because they wanted to focus on…

Levi Rietveld, popular crypto entrepreneur and Blaze Token (BLZE) founder, has revealed his top three crypto projects, featuring HBAR, XRP, and KASPA. The Blaze Token founder joined other crypto community members to highlight his favorite top three crypto projects, which he believes have strong prospects for growth. Specifically, the top three most preferred crypto projects on Rietveld’s list include Hedera Hashgraph (HBAR), XRP (XRP), and Kaspa Network (KASPA). The list only features Rietveld’s top three preferred crypto projects and does not serve as investment advice. My top three crypto projects: 1. $HBAR 2. $XRP 3. $KASPA What are yours? —…