Author: NBTC

The project has raised $11 million so far, falling short of the $300 million target. The tokens are non-transferrable which could have deterred speculative investors Trump’s announcement of the project on X failed to create a notable spike in token sales. The Trump-family supported World Liberty Financial has managed to sell just 4% of its intended token sale target 24 hours after going live, despite massive hype and an announcement from Republican candidate Donald Trump. Just over 792.36 million tokens of a 20 billion target have been sold since its hushed start at 12:40 UTC on Tuesday, raising nearly $11…

Crypto-focused venture capital firms are struggling to raise funds despite the bullish crypto markets, according to the latest report from Galaxy Digital Research. The report, which examines crypto VC fundraising and the number of new funds, shows that there were only eight new funds in Q3 of 2024, and they raised a combined $140 million, the lowest since Q3 of 2020. According to the report, the decline in capital allocation to crypto VC continues a trend that started in Q3 of 2023. Since then, the allocation has been falling quarter on quarter (QoQ) to its current level. The report attributed…

Solana saw a significant surge of almost 3% today, trading at $156.73 according to CoinGecko. This upward movement can be attributed to positive market sentiment and exciting developments within the SOL ecosystem. The broader cryptocurrency market is recovering, and Solana is benefitting from increased investor interest. SOL 24 Hours Chart (Source: CoinGecko) Rapid Sellout of Solana Gaming Device PSG1 One of the major drivers of $SOL’s surge today is the announcement from Play Solana Gen-1 handheld gaming console which reported being completely sold during its discounted pre-sale phase. This device is highly anticipated by gamers and SOL community members. While…

Today, enjoy the Forward Guidance newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Forward Guidance newsletter. Harris punts on crypto talking points, again Hours after pledging to support Black men’s rights to safely invest in crypto, Vice President Kamala Harris’s Monday night speech fell short on delivering details. Harris’s “Opportunity Agenda for Black Men” debuted Monday morning. The policy proposal emphasizes how the administration will elevate the Black male community by giving them tools to “build wealth, support their families and lead their communities.” One of these wealth-building tools? Give Black men the…

Many famous crypto exchanges in Europe with high popularity which are eToro, Gemini, Bitget, MEXC, and CoinJar also have different special services for different types of traders. All of such platforms offer a secure environment, legal adherence, and unique trading instruments to appeal to both small and big traders. It is apparent that there has been a need for additional tools to manage the European crypto market. The European market in cryptocurrency has also expanded notably over several years in the recent past as more investors seek safer trading platforms. As we move further into 2024, five fairly noticeable ones…

Bitcoin’s Bullish Diamond Bottom pattern signals a potential breakout and price surge. Analyst AO predicts a strong upward trend if Bitcoin breaks key resistance. Market sentiment turns bullish as traders prepare for a significant rally. Bitcoin (BTC) might be gearing up for a major breakout. Crypto analyst AO recently shared on X that Bitcoin is forming a Bullish Diamond Bottom pattern. With excitement building in the market, traders are closely watching for a potential surge in Bitcoin’s price. This pattern could lead to a massive upward movement in the coming days. #BITCOIN IS READY FOR A HUGE BULL RUN 🔥🔥🔥Imminent…

The weekly deposits and borrowings in decentralized lending protocols have increased to $32 billion in total value locked (TVL). The current statistics obtained from DeFiLlama before October 2024 report high usage of such decentralized systems, highlighting top lending Protocols in decentralized finance (DeFi). These lending protocols allow users to lend and borrow different cryptocurrencies without involving third parties. Top 10 Lending Protocols by Total Value LockedThe total value of assets locked in DeFi lending protocols is around $32B, according to @DefiLlama. Let’s compare the Top lending protocols by current TVL in USD, in order to evaluate their adoption scale. pic.twitter.com/njwlAjQHVG…

Real estate-backed crypto project Tangible had an undisclosed business relationship with the CEO’s brother, a CoinDesk investigation found. The brother’s company would buy properties at a discount and then flip them to Tangible with markups as high as 21%. Such upselling has no justification, according to U.K. real estate professors who reviewed CoinDesk’s findings. An investor known as ZilAYO started spotting “red flags” in crypto real estate project Tangible a week before calamity struck in October 2023. Before that, ZilAYO had no complaints. He had invested $50,000 in Tangible’s flagship token, USDR, a stablecoin designed to trade one-to-one with U.S.…

A trader has achieved remarkable returns by entering low-cap cryptocurrencies early and exiting at peak valuations. The trader’s moves have highlighted the potential of strategic entries in small-cap projects, turning modest investments into substantial profits. This guy is such a smart trader!Entered $MOODENG at a $70K market cap and made $392.2K! ($70K→$207M) #MOODENGEntered $omochi at a $28K market cap and made $251.7K! ($28K→$24M)Entered $PESTO at a $75K market cap and made $65.3K! ($75K→$24M)https://t.co/pOpjAW4RIh pic.twitter.com/yCsKVDVBix — Lookonchain (@lookonchain) September 27, 2024 According to Lookonchain, the trader first gained attention by investing in $MOODENG at a market cap of $70,000. Following a…

Dubai’s crypto regulator has struck the “right balance, not too hot, not too cold,” in terms of time taken to provide licenses, a senior VARA official told CoinDesk. In the past year, VARA has awarded full regulatory approvals to major global crypto exchanges such as OKX, Crypto.com and Binance. Dubai — Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator. Dubai, as the most populated…