Author: NBTC

152,307,330 $SHIB burned in 9 transactions was attributed to Coinbase in the last 30 days, when a total of 758.92 million was burned, according to the Shibburn page. Tokens sent to recognized burn addresses, often called dead wallets, are generally considered permanently inaccessible, effectively removing those tokens from the circulating supply. Coinbase’s emergence among the top monthly burners does not, by itself, establish that the exchange deliberately initiated a token-burning campaign, but rather from transactions and trading fees. $SHIB burn rate surges 100% Over 61 million $SHIB tokens have been burned in the last 24 hours, causing an uptick in…

TL;DR The FCA, HMRC and Metropolitan Police inspected three London premises over suspected illegal crypto trading. Cease-and-desist notices were issued. The action involved unregistered P2P businesses, not licensed UK exchanges. The Financial Conduct Authority has stepped up its enforcement work against illegal peer-to-peer crypto trading in London. Working with HMRC and the Metropolitan Police, the regulator inspected three commercial premises suspected of operating unregistered crypto businesses. The action took place on September 10, with the FCA publishing details on September 17. Teams issued cease-and-desist notices and gathered intelligence from the businesses involved. This Was About Unregistered Trading The distinction matters…

What the Data Shows Currently, Ripple’s price remains static at $0, reflecting the general market’s mixed signals. The lack of trading volume indicates that market participants are still assessing the implications of Ripple’s new offerings. However, the trend among institutional investors leaning towards cryptocurrency could change this scenario, especially with Ripple’s innovative solutions now available. Ripple is a technology company that facilitates cross-border payments through its digital asset and blockchain solutions. With the introduction of Ripple Prime, they aim to provide enhanced trading services to institutional clients, further solidifying their position in the evolving financial landscape. The jurisdiction over Ripple’s…

“Switzerland is an important market for Blockstream given its longstanding banking tradition and supportive regulatory framework for digital assets,” said Peter Bain, chief marketing officer of the company. “We look to provide regional expertise in markets where we see demand for Bitcoin infrastructure. Our consulting business, combined with our new office in Lugano, will bring tailored Bitcoin solutions to financial institutions across Europe.” Founded in 2014, Blockstream develops technology and services across Bitcoin custody, settlement, payments, asset issuance and self-custody. Its products include the Liquid Network sidechain, Elements, Simplicity, Core Lightning, the Jade hardware wallet and the Blockstream App. This…

Meanwhile, $BTC’s price has registered a median climb of 10.8% in October during the past 14 years. If $BTC price follows its median historical return by the end of the next two weeks, it could reach a target of $92,619.94. Consequently, the historical mean of Bitcoin’s average and median return is $93,539.45, which suggests a possible 13.16% uptick over the next 11 days. Notably, the highest October $BTC return since 2011 was 53.8% in 2013 while the lowest was a 35.1% decline in 2011. Bitcoin price performance on October 20 Despite a choppy consolidation over the last four weeks, $BTC…

What the Data Shows Currently, the tokenized stock market is valued at $3.8 billion, showcasing a significant increase in interest and participation. While specific trading volumes are not reported, the implications of this tokenization trend are vast, as it could reshape traditional investment avenues. The 24-hour trading activity remains thin, reflecting cautious sentiment among investors as they assess these developments. Token Terminal is known for its analytical insights into the evolving landscape of tokenized assets and cryptocurrencies. This organization provides essential data that helps investors and traders understand market dynamics and trends. Given the current regulatory climate and the increasing…

Each stage consists of 15 blocks with boss encounters, and completing all blocks advances the player to the next stage at increased difficulty. Stage progression continues indefinitely, with players choosing when to bank their run. Every attempt contributes toward a cumulative leaderboard score, even runs that end in death count toward a player’s total. Leaderboard rankings are based on total points accumulated across all runs, rather than the highest score in a single session. Operators Playable characters are known as Operators, each representing a different variation of the GasBot character. Four are available at launch: Neo Ranger: Available immediately to…

X suspended the accounts on Aug. 18 over what it called creator revenue-sharing fraud and platform manipulation. X links six accounts to two defendants The lawsuit identifies six accounts enrolled in X’s revenue-sharing program: @Vivek4real_, @Bitcoin_Teddy, @saylordocs, @TrendingBitcoin, @Kalshibacktest and @PolyBackTest. The filing links Stripe accounts associated with the first three profiles to Sen and those associated with the other three to Sherpa. The accounts joined the program between August 2023 and February 2026. Six X accounts and their associated Stripe account names listed in the court filing. Source: X The network allegedly extended beyond those six accounts. X named…

The fundraising remains under discussion, meaning its size, valuation and investor participation could change. Binance.US seeks to regain market share after regulatory setbacks The proposed $1 billion valuation represents a sharp decline from the company’s previous funding round in 2022, when it raised more than $200 million at a $4.5 billion valuation before the new capital. Binance.US, launched in 2019, operates separately from Binance’s international exchange, although both companies share common ownership through Binance co founder Changpeng Zhao. The US platform lost significant market share following regulatory action against Binance in 2023, when the global exchange reached a multibillion dollar…

Cloak’s technology is now powering the launch of $BRS, the first Brazilian real stablecoin that facilitates private transactions on-chain. This development, amplified by a widely shared post from @cloak_ag and retweeted by Solana, marks a significant milestone in the evolution of stablecoin technology in Brazil. The implications for privacy in financial transactions could reshape user experiences in the digital currency space. The Key Development The broader cryptocurrency market is displaying mixed signals, with varying momentum across major assets. Recently, Cloak’s announcement regarding $BRS highlights a growing trend towards privacy-focused stablecoins. This innovative approach not only enhances transaction confidentiality but also…