Author: NBTC
Jupiter’s native token JUP fell 6% to $0.81 in the past 24 hours as the platform’s latest airdrop went live. The token has declined over 33% from its recent high of $1.20. The Solana-based decentralized exchange aggregator initiated its airdrop early Wednesday, distributing 700 million JUP tokens valued at $567 million to approximately 2 million eligible wallets. However, hours after the launch, users began reporting difficulties in claiming tokens. Addressing the issue on X, Jupiter wrote: “The pie is growing too fast. Claims are a little slow, but are still working. We’re being throttled by Web2 infrastructure providers, so requests…
President Donald Trump is preparing to pardon Ross Ulbricht, the founder of the infamous dark web marketplace Silk Road, according to sources close to the White House. A source with knowledge of the matter told The Post that a pardon is expected to be announced soon. Ulbricht’s pardon attorney, Brandon Sample, confirmed the possibility in an email, saying, “We expect President Trump to grant clemency.” Ulbricht, now 40, was arrested in San Francisco in 2013 and accused of operating the dark web platform Silk Road, which facilitated the sale of drugs and other illegal goods using Bitcoin as its primary…
Eden has announced a strategic partnership with PAIH to establish an innovative blockchain solution in Poland. This initiative aims to advance the growth and utility of blockchain and Web3 technologies in sectors, including agriculture, businesses, investment, and remittance services. This collaboration has the ability to provide significant advantages not just to Poland, but also to the entire European continent. Eden + PAIH = Strategic Government PartnershipBigger reach with access to 70 markets, $2.8B PFR power and connections driving serious growth.Represented Poland at CES 2025 in Vegas. More big things coming soon.🌍Buy $EDN on Pancake: https://t.co/IdgWlqpftF pic.twitter.com/bGStKB1NNn — Eden (@OurEden_io) January…
Bitcoin’s daily close above the $100k mark signals strong bullish sentiment, with a potential new ATH by the end of January. Key indicators, like Bitcoin staying above critical support levels, confirm an optimistic market outlook despite short-term volatility. Institutional interest, crypto adoption, and supply dynamics are key drivers behind Bitcoin’s rally, supporting its dominance in the digital asset market. Bitcoin has surged through the $100k barrier, and this is an interesting step in the BTC’s never-ending uptrend. The price closed the daily candle above this pivotal psychological level to resurrect expectation among trading and analysis experts wherein forecast confirmations suggest…
The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the Avalanche blockchain on Thursday. The tokens made their debut after a five-month whitelisting period where they generated a double-digit yield, according to a release provided to Bitcoin.com. The launch is part of a growing trend of defi-native stablecoins that exclusively use crypto assets as collateral to limit reliance on traditional finance (tradfi) infrastructure. They tend to leverage advanced financial techniques such as delta-neutral or delta hedging strategies to…
A widely followed trader and analyst is leaning bullish on Ethereum (ETH) amid bearish sentiment on the second-largest crypto asset by market cap. The analyst pseudonymously known as Credible Crypto tells his 459,300 followers on the social media platform X that Ethereum appears bullish on the monthly time frame despite the sentiment being bearish. “We don’t always get high time frame price action that is this clean and the only thing I like better than crystal clear high time frame price action is sentiment to be in the absolute gutter along with it. ETH is going to come back with…
President Donald Trump’s executive order to revamp the U.S. crypto landscape has sparked significant discussions. In a recent post on X, an FTX creditor urged the government to return funds seized from alleged hackers who exploited the FTX platform in November 2022. https://twitter.com/sunil_trades/status/1882553949129228796 The creditor pointed to a legal document accusing three individuals—Powell, Rohn, and Hernandez—of stealing $400 million from FTX during its bankruptcy. The value of the stolen digital assets has reportedly surged to approximately $1.5 billion, raising questions about the government’s handling of these funds. Bitcoin Leads in Government Holdings The FTX creditor’s post followed a highlight by…
LeBron, a high-profile crypto trader, has made headlines for his substantial trades in the $TRUMP token, with moves that have attracted both scrutiny and intrigue. Four days ago, LeBron sold a staggering 4.52 million $TRUMP tokens for $4.52 million in USDC, achieving an average price of $1 per token. However, the token price skyrocketed soon after, leaving him missing out on an additional $180 million in profits had he held onto his position. LeBron sold 4.52M $TRUMP($185M) for 4.52M $USDC at an average price of $1, cashing out too early and missing a $180M profit.2 hours ago, he spent 2.5M…
Attorney John Deaton recently shared his thoughts on the launch of the Trump meme coin. The crypto community is split and some people believe Trump’s meme coin will attract new investors and help crypto gain more acceptance. Others, like Deaton, are worried that it could harm the industry’s credibility. For Deaton, the issue isn’t the meme coins themselves but the broader implications they have for the crypto industry’s reputation. On the Good Morning Crypto Show, he warned that while meme coins can attract attention and investors, they may also contribute to the public perception of crypto as a “casino” or…
Bloomberg Intelligence senior macro strategist Mike McGlone is warning that Bitcoin (BTC) is facing mounting resistance at one key level. McGlone says that changing macroeconomic conditions and exceptions that the Fed will cut rates less than previously thought in 2025 may prevent Bitcoin from flipping the $100,000 resistance level into support any time soon. “Can Bitcoin breach $100,000? Model headwinds rising: Bitcoin peaked at $108,000 on December 17th, the day before the Federal Reserve eased, and our model might help determine what to look for in 2025. My bias is that $100,000 is formidable resistance, and the model shows top…