Author: NBTC
“Let him cook” has been the expression that all of the young whippersnappers are using lately when describing somebody or something that shouldn’t be interrupted, because they are on a roll. I know this piece will come across as annoying to some, especially because I have only been bullish on bitcoin with some gusto for the last couple of months (though I first pointed it out to my readers in December 2022), but as a newfound member of the church of bitcoin community, I’d be remiss if I didn’t try out my voice a bit. I apologize in advance for…
The capitalization of 3 out of 10 largest meme cryptocurrencies more than tripled in the last seven days with Dogwifhat (WIF) being an undisputed best performer. Shiba Inu (SHIB), Bonk (BONK) prices doubled, while other majors saw double-digit price increases. Solana’s meme crypto Dogwifhat (WIF) sets new price ATH Dogwifhat (WIF), a novel dog-themed meme coin on the Solana (SOL) blockchain, registered its price all-time high today, March 2, 2024. The price of WIF reached an unbelievable $1.33 level on major spot and crypto centralized exchanges. As a result, the capitalization of Dogwifhat (WIF) reached the previously unseen $1.317 billion…
Fox Business Journalist Eleanor Terrett believes Custodia Bank’s lawsuit with the United States Federal Reserve is the next big crypto case to focus on after the Satoshi Nakamoto identity case involving Craig Wright and COPA ended recently. Custodia Bank Lawsuit to Set Major Precedence On Thursday, Terrett acknowledged that if Custodia Bank secures victory in its lawsuit against the U.S. Federal Reserve, it will mark a pivotal point for the broad crypto industry. In addition, she stated that it would make Caitlin Long, the founder and CEO of Custodia Bank, the first woman to take on the central bank and…
ether.fi (ETHFI), which is currently on Binance Launchpool where users can earn by staking BNB and FDUSD and will be launched on Binance shortly, also announced that it will implement an airdrop program. Ether.fi announced that it will launch its Decentralized Autonomous Organization (DAO) on March 18, 2024. According to the official statement, the ETHFI token will offer its holders the opportunity to participate in important decisions, including the Ether.fi Grant Program, protocol economic parameters, software developer participant permissions and token staking. Along with the DAO launch, Ether.fi will also implement an airdrop program. The airdrop request window will open…
The price of bitcoin (BTC) has set a record high, rising above $69,000 on crypto exchange Coinbase, a level first touched on Nov. 10, 2021. A continuing massive wave of buying by the newish U.S.-based spot bitcoin ETFs is the likely catalyst behind what’s now a historic run higher. The price of bitcoin sat at around $45,000 at the time the ETFs opened for business on Jan. 11. Following a brief “sell the news” dip to the $39,000 area, bitcoin quickly rallied above $50,000 by mid-February. After meandering around the $51,000 level for a couple of weeks, prices took off…
Over the past 24 hours, several meme coins, including Shiba Inu and Floki Inu, have experienced a significant surge in value, boasting gains exceeding 50%. Indeed, this remarkable price performance has propelled many investors to substantial profits, underscoring meme tokens’ growing interest and potential profitability. SHIB Takes Centre Stage in Meme Coin Rally According to pricing data from BeInCrypto, SHIB has surged by an impressive 69% in the past 24 hours. This upswing in Shiba Inu’s value marks a continuation of a positive trend, with the token having gained 128% over the last week. “Shiba Inu is the latest meme…
Bitcoin (BTC) has just reached a new all-time high, trading above $69,200 and surpassing the previous record set in November 2021 of $69,146. We have a new #Bitcoin all-time high!XBTUSD just traded above $69,200 for the first time ever, replacing the Nov 2021 ATH of $69,146.Yachtzee!#BTC #ATH #LFG pic.twitter.com/ggQQvqWovP — BitMEX (@BitMEX) March 5, 2024 The cryptocurrency is currently valued at more than $1.3 trillion, according to CoinGecko data. Why Bitcoin might surge even higher Anthony Pompliano, founder of Pamp Investments, singed out several key factors contributing to Bitcoin’s bullish momentum during a CNBC interview. Firstly, the recent approval of…
Just two days after the launch of Blast, an Ethereum layer-2 network from the founder of dominant NFT marketplace Blur, hundreds of millions of dollars have flowed into newly created protocols living on the network—and buzz is growing about several other projects emerging in the ecosystem. The network already boasts a total value locked (TVL) north of $2.4 billion, according to the Blast website. Many users have flocked to Blast in order to capitalize on future airdrops that may reward early users of applications and protocols within the network. Already, clear winners have emerged, with some DeFi protocols receiving huge…
The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims. The defendants, who targeted the Latino community in 10 U.S. states and two other countries, convinced investors that their funds would be invested in crypto and other assets, but weren’t, the SEC said in a press release. The SEC charged a total of 17 defendants, two of whom settled. In a statement, SEC Enforcement Director Gurbir Grewal said the scheme promised “life-altering wealth” to victims. “The only thing that CryptoFX guaranteed was a trail of thousands…
Data shared by on-chain analytics aggregator IntoTheBlock shows that Bitcoin has reached a new all-time high not related to its price. In a recent tweet, IntoTheBlock proudly stated that a hundred percent of Bitcoin addresses (1.06 million of them, according to the tweet) are in profit at the moment. This happened after the world’s prime digital currency touched the $68,000 level on Monday. The aforementioned on-chain data source has published several tweets, stating that Bitcoin optimism has broken its all-time high and now 100% of Bitcoin holders are in profit. Optimism broke its all-time high and 100% of holders are…