Author: NBTC
Edoardo Farina, founder of Alpha Lions Academy, shares insights on how many XRP tokens one needs to hold to join the prestigious ranks of the world’s wealthiest XRP holders. In numerous videos shared on social media, Farina has explained what it takes to secure a spot among the top XRP holders globally. XRP Required for the Top 10% Wallets Farina clarified that owning just 2,501 XRP can place an investor in the top 10% of the largest XRP wallet holders. As of today, 617,768 XRP wallets belong to the top ten holder category. For context, XRP has a massive pool…
Widely followed crypto analyst Rekt Capital says that Bitcoin (BTC) is suddenly flashing bullishness after retesting range lows. The pseudonymous trader tells his 537,300 followers on the social media platform X that Bitcoin is showing bullish divergence on the daily chart. Bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows. “Early signs of the bullish divergence playing out. However, for BTC to transition into trend continuation and the bullish divergence to fully mature BTC…
Ondo Finance dominates the real-world asset sector in transaction volume, outpacing other RWA tokens, despite the current market downturn. Ondo Finance (ONDO) is leading the RWA sector in terms of transaction volume, significantly outperforming other RWA tokens in recent months, according to IntoTheBlock. While its transaction volume was relatively low for most of the year, a noticeable surge began in late 2024, with the token reaching the highest transaction volume among those tracked. In Jan. 2025, this volume spiked to over 400 million but has since fallen to below 300 million, though it still remains well ahead of other tokens…
Cryptocurrency analytics firm Alphractal has examined the current valuation of Bitcoin using the Short-Term Flow Fair Value metric and clarified whether BTC is cheap or expensive in the current market conditions. The Short-Term Flow Fair Value metric measures the relationship between new Bitcoin issuance and its absorption by the market. It takes into account the following: BTC inflows and outflows on exchanges affecting trading liquidity. Miner supply as miners frequently sell BTC to cover operational expenses. Transaction fees play a role in supply and demand dynamics. A high Short-Term Flow Fair Value indicates that more BTC is being absorbed by…
This is a segment from The Drop newsletter. To read full editions, subscribe. Wanna be a wizard? Taproot Wizards, a collection of “magic internet jpegs” inspired by the 2013 r/Bitcoin wizard, are holding their first-ever public sale. This sale is happening two years after the Wizards were inscribed onto Bitcoin as Ordinals. Unlike traditional NFTs, Ordinals are pieces of data or art attached directly to satoshis (sats), which are 1/100,000,000th of a bitcoin. 2,085 Wizards will be up for sale through the project’s website starting March 25, with additional honorary Wizards to be inscribed soon and not included in the…
Canary Capital has launched the Canary AXL Trust for institutional investors to gain exposure to the Axelar native token, AXL, which jumped 12.5% after the news. According to the press release, the Canary AXL Trust is meant to be a private, single-asset investment vehicle designed to hold AXL (AXL), the native token of Axelar Network. Canary has appointed Coinbase as the official custodian for the AXL Trust. The newly launched Canary AXL trust is available exclusively to accredited investors and grants them the chance to explore other crypto assets beyond Bitcoin (BTC) and Ethereum (ETH), specifically the AXL token. In…
A few hours ago, Michael Saylor, executive chairman of Strategy, called on the US government to acquire 20% of Bitcoin’s network today at the Conservative Political Action Conference (CPAC), arguing it would secure America’s dominance in the digital economy. My talk at the @CPAC conference this morning focused on Bitcoin, freedom, and economic empowerment.pic.twitter.com/eOFCnYa7qu — Michael Saylor
(@saylor) February 20, 2025 “If you want to own the future, you want to own cyberspace. How do you own cyberspace? You own Bitcoin, and then you run the Bitcoin network. You mine Bitcoin; you own Bitcoin,” Saylor said. Saylor predicted the US…
At a time when crypto and stocks market are in reverse gear, NFT market continues to make waves, with many collections getting significant sales volume. As per the data from Phoenix Group, Courtyard, DMarket, and CryptoPunks are the prominent NFT collections in line with the sales volume this week. The crypto data and analytics firm took to social media to share the list of top weekly NFT sales volumes. Courtyard Dominates Top NFT Collections by 7-Day Sales Volume Courtyard is the top NFT collection for sales volume over the past seven days. It witnessed $10.44M in weekly sales, accounting for…
The Shiba Inu ecosystem continues to grow, having added about 840,000 addresses over the past year alone. Notably, the recent growth feat comes amid a year of mixed performance from the meme coin, with 2024 bringing it closer to its all-time high than previous years. For context, SHIB managed to reach a peak of $0.000045 in March 2024, with just a 96.5% extra increase to reclaim the 2021 all-time high of $0.00008845. Shiba Inu eventually lost this position, and despite the market-wide uptrend in Q4 2024, the asset failed to recover the yearly peak. Now, SHIB has dropped below the…
The head of digital assets research at exchange-traded fund issuer VanEck says Bitcoin (BTC) has more upside potential. In a new interview on the David Lin report, Matthew Sigel says that over the near term, Bitcoin could go up by around 87% from the current level this year if the flagship crypto asset behaves like it previously has during the past three cycles. “In the near term, we do tend to assume that the four-year cycle will hold until the market tells us otherwise. And the most explosive part of the Bitcoin cycle tends to happen in the one year…