Author: NBTC

The value of Ethereum (ETH) sent into exchanges has surpassed $1 billion just two days after the altcoin’s price climbed to $2,600. This sudden influx of ETH onto exchanges often signals a potential shift in market sentiment, as traders may be preparing to cash out on recent gains. With Ethereum’s price swinging sideways, the question now is whether this inflow will lead to increased selling pressure for one of the market’s top assets. Ethereum Holders Book Quick Gains On October 13, Glassnode data revealed that 122,164 ETH were held on exchanges. However, as of this writing, that number has surged…

JPMorgan Chase CEO Jamie Dimon has issued a major warning about the global economic situation over ongoing geopolitical threats coming from an “evil axis” that shows “that conditions are treacherous and getting worse.” Dimon’s words came in a press release from the financial git accompanying its third-quarter earnings, which beat analysts’ expectations and saw the bank set aside $1 billion more in reserve to cover growing losses from unpaid loans. The bank’s CEO wrote, referring to the ongoing war in Ukraine and Israel’s war against Hamas and Hezbollah: There is significant human suffering, and the outcome of these situations could…

SunPump, a prominent memecoin launchpad on TRON, has announced a strategic partnership with Gotbit, a market-making hedge funding firm. Through this alliance, SunPump aims to boost the TRON meme ecosystem. Since the launch of SunPump, memecoins have gotten prominence in the crypto market seeking the attention of crypto investors. 🎉We’re thrilled to announce that #SunPump has formed an ecosystem partnership with @gotbit_io!Gotbit has been a consistent supporter of SunPump’s #meme projects, and we believe this collaboration will open up even greater opportunities for more projects, fostering the healthy… pic.twitter.com/lPiqDuJmau — SunPump (@sunpumpmeme) September 27, 2024 SunPump is expanding day by…

Kamala Harris announced today she is “supporting a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.” Nope, that’s not clickbait: Harris’s first specific crypto policy is here, and it’s race-based. As a Bitcoiner, I have to say, this is a huge misstep, and it shows Harris in no way understands Bitcoin, a network where everyone already has equal access regardless of race, color, creed. Harris and the Democrats have for years touted themselves as “anti-racist,” while labeling their opponents and anyone who challenges them as racist. Here, Kamala…

With a $10 million initial funding, Saakuru Labs and Memecore announced the establishment of a joint foundation with the goal of investing in and acquiring meme coin communities and games that would integrate into the Saakuru and MemeCore ecosystems. This strategic collaboration will boost activity on the Memecore Layer 1 protocol and improve the decentralized application (dApp) ecosystem on the Saakuru Layer 2 Protocol. With the help of this capital, the two firms will use their expertise of blockchain gaming to broaden the gaming market and support upcoming Web3 gaming initiatives. This effort is in line with Memecore’s emphasis on…

According to the latest figures, 32 dormant bitcoin transactions have surfaced during the first two weeks of September 2024, with a hefty 2,253.54 BTC spent so far. When it comes to the biggest spenders, btcparser.com shows wallets dating back to 2016 took the lead, moving a total of 1,549.51 BTC through nine separate transactions. 32 Sleeping Bitcoin Transactions Surfaced Over the Past 2 Weeks In the first half of September, a total of 2,253.54 previously dormant bitcoin stirred back to life, valued at $135.4 million based on current BTC exchange rates. So far, no sleeping bitcoin wallets from 2010 or…

Ethereum whales have been actively accumulating ETH, adding a nearly $4.5 billion ETH over the past month, according to data from IntoTheBlock. Currently, ETH price is witnessing a sluggish performance. However, owing to the ongoing accumulations, analysts expect Ethereum price to reclaim the $3,000 soon. Ethereum Whales Accumulate Massive ETH Stash According to IntoTheBlock’s large holders netflow indicator that tracks wallets holding more than 0.1% of ETH’s total supply, Ethereum whales have increased their positions by more than 1.7 million ETH in the last 30 days. This accumulation is valued at over $4.42 billion, based on an average price of…

The Trump Media and Technology Group stocks DJT continued to see steady rise on October 14, pushing the growth seen by the stock before the Trump rally in Pennsylvania. DJT jumped by over 18% today, reaching $29.95 at the time of writing. Charts show that the stock briefly hit above $30 before dropping to $29. DJT stock came into the markets in March as a meme stock, depending greatly on Trump’s success, especially in the upcoming November elections. Multiple prediction sites, including Polymarket and Kalshi, are placing Trump ahead. However, two of their counterparts, including FiveThirtyEight and RealClearPolitics, are placing…

GraFun, a new memecoin launchpad and trading platform on the BNB Chain, is set to launch on September 27, 2024, at 11 am UTC. It introduces a “Fair Curve” mechanism aimed at promoting fair launches and long-term investment in memecoins. GraFun has garnered support from significant players in the crypto ecosystem, including Floki, BNB Chain, DeXe Protocol, HOT Protocol, and strategic partnership with DWF Labs. Floki will own 40% of GraFun, expecting to leverage this to enhance its influence in the BNB Chain memecoin market – boosting the project’s fundamentals. The memecoin issuing and trading frenzy that gripped Solana and…

A German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors say he led a multi-level marketing scheme, promising massive returns, before siphoning off millions in cryptocurrency and disappearing just before his trial. An active investigation is underway. Cryptocurrency Fraud Suspect Horst Jicha Escapes House Arrest Horst Jicha, a German national accused of orchestrating a $150 million cryptocurrency fraud scheme, is now a fugitive after allegedly tampering with his ankle monitor on Oct. 3. Jicha had been on home detention in…