Author: NBTC
Samson Mow, prominent Bitcoin maxi and chief executive at Jan3, has published a bullish comment on the latest price surge. On March 4, BTC shocked the crypto world and pleased the Bitcoin community by skyrocketing above the $68,000 price level. Mow’s company Jan3 is focused on spreading Bitcoin adoption by nation-states. It was Samson Mow who contributed to El Salvador adopting BTC as a legal tender in 2021, making it the first country ever that gave up using fiat money on the state level. Mow comments on Bitcoin’s upward maneuver Samson Mow tweeted his answer to the question, which he…
The number of crypto investors surged to 19 million in February. The country’s crypto regulator attributes this growth to positive market sentiments fueled by bitcoin’s price surge and altcoin rallies. Indonesia reported a surge in crypto transactions, reaching Indonesian Rupiah 30 trillion ($1.92 billion) in February, the country’s crypto regulator reported. The number of registered crypto investors in the country also hit 19 million last month, marking an addition of 170,000 users from January, the Commodity Futures Trading Supervisory Agency (Bappebti) said. Bappebti attributes this growth to positive market sentiments fueled by bitcoin’s (BTC) price surge and the rally in…
Bitcoin miners have evolved from the beginning when anyone could mine with their CPU at home to a model mostly dominated by sophisticated conglomerates, many of whom employ media relations personnel and use lawsuits, lobbyists, and other corporate tactics to increase their profits. NASDAQ-listed miner Riot Blockchain recently joined a case against the US Department of Energy, in an attempt to prevent the release of survey data about Bitcoin miners’ energy usage. That data would have helped the Department of Energy to recommend better electricity usage policies, however, miners wanted to hide their energy usage from public view, so they…
Experts from the analytical platform Arkham Intelligence have discovered an address associated with the UK government. According to data from March 4, 61,245 Bitcoins (BTC) are held at the UK government address, approximately $4.1 billion at the time of writing. The UK Government is now on Arkham.The UK Metropolitan Police seized 61,000 Bitcoin (currently worth $4B) from Jian Wen and Zhimin Qian in 2018, gaining access to the seized BTC in July 2021.Qian had reportedly purchased the Bitcoin with funds from an investment fraud… pic.twitter.com/BVqRAkE1TW — Arkham (@ArkhamIntel) March 4, 2024 According to experts, in 2018, UK police confiscated 61,000…
In February 2024, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong delivered the country’s Budget Statement for Fiscal Year 2024. The Budget earmarked a substantial S$2 billion funding to enhance its digital economy, signaling a major push towards financial innovation and digital asset integration. In a conversation with Cryptonews.com, Hassan Ahmed, Coinbase Singapore’s Country Director, provided insights into how the investment is poised to fortify Singapore’s digital economy. Ahmed emphasized the initiative’s role in bolstering the nation state’s stature as a fintech hub in Asia. Exciting news for our Singapore customers! Coinbase is introducing free bank transfers and…
We are almost there: the zkSync crypto airdrop is now just around the corner. Several prominent figures in the web3 landscape agree that Matter Labs, the development company behind the Ethereum rollup in question, may soon reward its stakeholders by launching the long-awaited ZKS token, in a historically favorable moment for market speculation. Also at stake are all the airdrops related to the ecosystem of protocols built on zkSync, which in recent months has grown a lot both in terms of TVL and on-chain activity: first of all, SyncSwap’s airdrop could be the most substantial. Below are all the information…
Heroes of Mavia (MAVIA) token price has remained in a consolidation phase even after several important events in the ecosystem. The coin retreated to a low of $6.50 on Monday, about 32% below its highest point level this month. This decline has brought its market cap to over $196 million. Heroes of Mavia, one of the fastest players in the games in the blockchain industry, has made several headlines in the past few months. In February, the company decided to embrace Base, the layer-2 network by Coinbase, as its blockchain of choice. They believe that Base has superior speeds and…
Spot Bitcoin ETFs began the week on a strong note, attracting over $562 million in inflows on Monday amid the impressive Bitcoin (BTC) market run that has seen the asset surge 21% over the past week. BitMEX Research disclosed this in its latest update on capital flows into the Bitcoin ETF market. Data confirms that the entire market saw an influx of 8,377 BTC tokens valued at $562.7 million on March 4 despite the Grayscale Bitcoin Trust (GBTC) sustaining its trend of capital outflows. [1/4] Bitcoin ETF Flow – 04 March 2024All data in. Very strong day with +$562m net…
China’s central bank, the People’s Bank of China, has published a digital yuan service guide for foreign visitors to help them make contactless payments with e-CNY. As per a local news report, “Explore the Splendors of China with e-CNY Service Guide for Visitors in China” published by the central bank, international tourists can now pay in digital yuan with accounts linked to their cards via the official mobile app. Download e-CNY App and Open Digital Yuan Wallet Available in App Store and Google Play, the “e-CNY” app offers China’s central bank digital currency (CBDC) account registration service through local banks…
Solana-based memecoin Dogwifhat is on a major price rally with gains standing at a staggering 300% over the last week. The recent Dogwifhat (WIF) price rally to $1.25 has helped some traders mint multi-million dollars in a short time. Trader Makes $3.12 Million in Dogwifhat (WIF) Price Rally Insights from on-chain data provider Lookonchain reveal an impressive feat in the cryptocurrency market. As the value of $WIF (Token WIF) continues its upward trajectory, data indicates that a trader who initially purchased 2.58 million $WIF with only 5.288 $SOL (Solana token) valued at $310, is now witnessing a substantial increase in…