Author: NBTC

Several prominent figures with ties to the crypto industry have emerged as backers of a new pro-Trump super political-action committee, dubbed America PAC. Founders of crypto exchange Gemini, Tyler, and Cameron Winklevoss have donated $250,000 to the PAC each, Federal Election Commission records on Monday show. The pair made a separate $2 million Bitcoin donation to former president Donald Trump’s campaign last month. It comes as the crypto community kicked off a fresh wave of political support and grandstanding for former President Donald Trump for his White House bid following an assassination attempt in Pennsylvania on Saturday. Elon Musk is…

Lookonchain data shows an investor accumulated PepeCoin worth over $1.02 million, 67 billion coins, from OKX exchange on Wednesday. Someone withdrew 67B $PEPE($1.02M) from #OKX 30 mins ago.It is worth noting that this guy lost $2.55M($-85.5%) in $SHIB before.He bought 40.9B $SHIB($2.98M) at high price points during the bull market, and when the bear market came, he sold all of it at a loss.Can he make… pic.twitter.com/qo0dRbSVXF — Lookonchain (@lookonchain) May 29, 2024 Notably, the top player has switched from Shiba Inu to PEPE, highlighting a potential dynamics shift in the memecoin sector. The transaction comes as PepeCoin displays weakness,…

Leading cryptocurrency exchange OKX has announced the delisting of several spot trading pairs to maintain a robust trading environment. The decision followed a regular performance review and feedback from users, in line with the OKX Token Delisting/Concealment Guidelines. Among the affected pairs are CEL/USDT, CEL/USDC, OMG/USDT, and others, set for delisting on July 23, 2024, between 11:00 and 11:30 AM. OKX announces the delisting of multiple spot trading pairs, urging users to manage their orders before the delisting date. OKX to Delist Multiple Spot Trading Pairs OKX, a prominent cryptocurrency exchange, has revealed plans to delist various spot trading pairs…

A widely followed crypto strategist believes that Bitcoin’s (BTC) consolidation in the past few months looks similar to a price pattern that foreshadowed last year’s parabolic surge. In a new strategy session, analyst Jason Pizzino tells his 330,00 YouTube subscribers that Bitcoin’s consolidation since March is reminiscent of its price action last year when BTC witnessed mostly sideways price action for six months before igniting a 3X ascent. “This is looking pretty similar to the previous move in 2023. You’ve got about six months in this range before it absolutely pumped out of that zone.” Source: Jason Pizzino/YouTube Pizzino also…

In an effort to improve user experience and streamline onboarding, Web3 wallet XDEFI has announced a rebranding to become Ctrl, a new non-custodial wallet. Millions of users will find it simpler to access web3 and start their on-chain journey with Ctrl. With this launch, XDEFI will introduce its next-generation Ctrl wallet and rebrand itself as Ctrl, which is pronounced Control. Over 90% of cryptocurrency users are not on-chain as of right now. With the goal of revolutionizing the user experience provided by non-custodial wallets, Ctrl gives cryptocurrency holders the ability to explore DeFi and web3 opportunities. XDEFI CEO Emile Dubié…

Former president Donald Trump planning to release a fourth NFT collection, according to a Bloomberg interview. Trump has pivoted to embracing the crypto industry, saying “if we don’t do it, China is going to pick it up.” Donald Trump plans to release a fourth NFT collection, according to a wide-ranging interview with the former president published in Bloomberg Businessweek on Tuesday. In the interview, Trump said his previous collections were “very successful” and sold out in a day: “The whole thing sold out: 45,000 of the cards. And I did it three times [and] I’m going to do another one,…

This afternoon, an unknown large entity transferred 12,000 ETH worth around $40 million to a major U.S.-based exchange, Kraken. According to on-chain data from Arkham Intelligence, the anonymous whale, as large investors are often referred to in the crypto space, previously deposited the same amount from address “0x370.” The latter is considered to be a sender address with links to many other addresses, including Kraken’s hot wallet. Now the whale has deposited this amount of Ethereum back into Kraken. Whether they are preparing to sell it or not is an open question. Such transfers are often seen as a bearish…

In an unexpected manner, Vitalik Buterin has criticized overextended investment practices, particularly investments in infrastructure that does not really need it. However, his line of thought could be a double-edged sword. According to Buterin’s viewpoint, a lot of investors are lured to high-risk high-reward situations (the casino) but attempt to rationalize their bets by funding infrastructure that indirectly gains from these speculative endeavors. Although this may be true for some market segments, it is important to think about the arguments’ wider implications. Vitalik’s perspective may be criticized for being a little limited. Infrastructure spending frequently results in more significant technological…

Since May 6, there have been four days when daily net outflows exceeded $45 million; This shows that a significant amount of funds are leaving the EigenLayer platform. This observation comes from The Block’s Data & Insights newsletter. A few weeks ago, we discussed how the reaction to EigenLayer’s EIGEN airdrop had led to an increase in the number of queued withdrawals on the platform. Despite some initial issues with the airdrop, such as VPN restrictions and tokens not initially transferring, the Eigen Foundation responded by expanding airdrop allocations and clarifying token unlock timing and future transferability, which helped alleviate…

FLOKI is now listed on Kraken, allowing purchases with EUR and USD, enhancing its market liquidity and reach. Kraken’s regulatory standards attract institutional investors and retail traders, boosting FLOKI’s legitimacy. Experts predict a potential surge in FLOKI’s price due to the increased visibility and accessibility from the Kraken listing. FLOKI has been listed by Kraken as a spot listing, marking an important step for the cryptocurrency. Users can purchase FLOKI using both crypto and fiat currencies on the exchange. This new listing makes FLOKI even more accessible by allowing users to buy it on Kraken with both EUR and USD.…