Author: NBTC

Despite not recording any Shibarium-powered burns in February 2024, Shiba Inu still witnessed the incineration of over 643 million tokens last month. Leading canine-themed crypto project Shiba Inu witnessed hundreds of millions of SHIB tokens burned in the past month. According to data shared by Shibburn, the Shiba Inu community incinerated a total of 643,656,418 (643.65 million) tokens worth $8,264 in February 2024. Shibburn noted that the 643.65 million tokens were sent to Shiba Inu’s official dead wallets in 134 transactions. 🔥🔥🔥 643,656,418 $SHIB tokens have been burned in the month of February with 134 transactions. #SHIB pic.twitter.com/F6ihbnd76o — Shibburn…

In a recent setback for the U.S. Securities and Exchange Commission (SEC), the Fifth Circuit Court of Appeals placed the SEC’s climate reporting regulations temporarily on hold. This decision marks a notable pause in the SEC’s efforts to require companies to disclose their greenhouse gas emissions and other climate-related information, Bloomberg reports. Stuart Alderoty, Ripple’s chief legal officer, pointed to this event as yet another loss for the SEC. The pause comes as a result of a request from Liberty Energy, which argued that the new rules would cause irreparable harm due to compliance costs and constitutional issues. Despite the…

TL;DR Institutional interest in Bitcoin reaches record in the CME futures market. RHODL Ratio shows bullish potential for Bitcoin. Despite the high RSI, the decline in social dominance suggests possible growth in the short term. In the fascinating world of cryptocurrencies, Bitcoin (BTC) remains the undisputed protagonist. During the week, we have witnessed a significant milestone: open interest in the Bitcoin futures market on the Chicago Mercantile Exchange (CME) has reached an all-time high of $9.08 billion, according to official data from CoinGlass. This impressive figure suggests growing institutional interest in BTC, which could have major implications for its price…

Investment management giant BlackRock (BLK) has created a tokenized asset fund, according to a document filed to the U.S. Securities and Exchange Commission (SEC). The BlackRock USD Institutional Digital Liquidity Fund was incorporated on the British Virgin Islands and will be launched in partnership with tokenization firm Securitize. Blockchain data shows that the fund was seeded with $100 million in Circle’s USDC stablecoin using the Ethereum network. The move follows BlackRock’s foray into digital asset fund after listing a spot-based bitcoin (BTC) exchange-traded fund (ETF) in January, which amassed over $15 billion of assets under management. The company also filed…

A blockchain address that made millions in profit from investing in PEPE has now moved money into Shiba Inu (SHIB) and the GameFi ecosystem. With the cryptocurrency bull market now in full swing, investors are on the lookout for opportunities to rotate into different assets for profit maximization. This has proven to be the case with one whale spotted switching his portfolio. Precisely, on-chain tracker Lookonchain identified an Ethereum address that made huge profits investing in green frog-themed memecoin, PEPE. The whale realized a profit of $3.49 million on their PEPE investment, booking his profit into other cryptocurrencies. The whale…

Sam Bankman-Fried, the disgraced founder of the collapsed FTX crypto exchange, seemingly intended to rehabilitate his image by appearing on Tucker Carlson’s show and criticizing the “woke agenda.” On March 15, a Google Document titled “random probably bad ideas” surfaced as part of Bankman-Fried’s prosecutors’ sentencing submission. Bankman-Fried’s lawyers, meanwhile, are advocating for a 50-year prison sentence as opposed to the maximum sentence of 115 years in prison. With a 50-year sentence, Bankman-Fried would be 82 years old at the time of release. Noteworthy among the suggestions on Bankman-Fried’s list of “random” ideas was the proposal to sit for an…

Bitcoin’s financial footprint has expanded significantly, with its market cap now exceeding that of Meta (formerly known as Facebook). This marks a significant moment in the digital asset’s journey, placing it just behind six of the world’s most substantial publicly traded companies, including tech giants and an energy titan. The investment darlings The unprecedented surge in Bitcoin’s market cap comes amid a broader rush of investments into tech stocks and cryptocurrencies. According to a report from Bank of America Global Research, investors have recently injected the most capital into technology stocks since last August. The investment landscape is notably tilting…

MANILA, Philippines – In a move aimed to attract and enhance investment into the Philippines, the Philippine Economic Zone Authority (PEZA) announces its official partnership with Asian Consulting Group, the country’s first tax hub for top corporations. This collaboration solidifies PEZA’s commitment to actively promote the ecozones, both domestically and internationally, as premier investment destinations. Together, the two organizations will work hand-in-hand to showcase the Philippines’ potential as an economic powerhouse and encourage stakeholders by promoting multiple areas in the country as a great place to open businesses. One of the cornerstones of this launch is through ACG’s annual International…

While the rally in Bitcoin mobilized all altcoins, it also mobilized mem tokens, especially Dogecoin. At this point, while meme tokens such as DOGE and PEPE were making significant increases, a smart whale also evaluated this rally and sold PEPE. The whale, which recently sold its entire 1.97T PEPE ($6.07 million), made a profit of $3.49 million from its PEPE investment. The whale, who bought Shiba Inu (SHIB) with some of this money, continued his purchases and added Sandbox (SAND), GALA and Decentraland (MANA) to his portfolio. According to Lookonchain’s post, 75.9 billion SHIB (valued at $893 thousand), 1.6 million…

Baar, Switzerland — TOKI, a leading provider of IBC-enabled cross-chain infrastructure, has made history by facilitating the first-ever cross-chain transfer of an ERC20-compatible stablecoin backed by multiple Japanese banks from Ethereum (Sepolia) to BNB Chain testnets using IBC.—What is IBC? IBC, or Inter-Blockchain Communication protocol, serves as the backbone of blockchain interoperability, enabling secure and permissionless cross-chain interactions among over 110 blockchain networks. With a monthly asset transfer volume of $2.7 billion, IBC has emerged as the go-to solution for seamless interoperability in the enterprise space, backed by the Interchain Foundation’s commitment to its development.TOKI, equipped with IBC-enabled cross-chain infrastructure,…