Author: NBTC

Recently, the CEO di Kraken, Dave Ripley, offered an optimistic analysis of the position of the amministrazione Biden towards crypto, stating that there is a clear softening compared to previous years. A change of perspective on crypto for Biden: the statements of the CEO of Kraken A promising future Conclusion A change of perspective on crypto for Biden: the statements of the CEO of Kraken Ripley, in a recent interview, observed that the Biden administration has shown signs of greater openness and understanding of the cryptocurrency sector. “It seems that there is a change in tone from the government,” said…

BTC trades at $69,630, showing a downward correction below $70K. BTC price is expected to go beyond $72K by the end of 2024. Bitcoin (BTC) remained relatively stable early Thursday, with little change in price around $69,500. The lack of a clear direction comes ahead of the U.S. Securities and Exchange Commission’s (SEC) decision on VanEck’s spot ether ETF application, expected later in the day. BTC had previously faced resistance above the $71,500 level, leading to a downward correction below $70K. Despite reaching a new weekly high above $71K, the price recently dipped to $69K, coinciding with Bitcoin Pizza Day.…

Today, wallet 0xdbf, controlled by Justin Sun, withdrew 4,629 ETH worth $16.07 million from Binance. The withdrawal was made at a price of $3,472 per ETH, according to data from SpotOnChain, an AI-driven platform. It helps traders with on-chain insights. This platform is backed by Google for Startups and trusted by prestigious partners. Wallet 0xdbf (likely #JustinSun) withdrew another 4,629 $ETH ($16.07M) from #Binance at $3,472 ~8hrs ago.Overall, in the past 3 days, this wallet has withdrawn 13,967 $ETH ($48.8M) from Binance at an avg price of $3,494.Follow @spotonchain and set alerts for the wallet now:… https://t.co/ozvNN9KVhL pic.twitter.com/eTbffY7b0H — Spot…

Tyler and Cameron Winklevoss, the billionaire twin brothers who founded the cryptocurrency exchange Gemini, received partial refunds after their donation of Bitcoin (BTC) to the Donald Trump presidential campaign exceeded the legal limit, Bloomberg News reported on Friday. On Thursday, the brothers separately announced on X, formerly Twitter, a donation of $1 million in Bitcoin (15.47 BTC) each to the campaign. The donations exceeded the maximum $844,600 that the Trump committee could accept per person under federal law, according to the report. Winklevoss duo accuses Biden of fighting crypto The amount that exceeded the limit was repaid to the Winklevoss…

With Bitcoin (BTC) surging past $69,000, questions about new all-time highs and its potential price in 2024 are becoming increasingly prominent. Many experts have weighed in, but the most influential opinions come from financial institutions and their analysts. Recently, Standard Chartered made one of the most bullish predictions. Analysts from this leading international cross-border bank predicted that Bitcoin could reach new all-time highs above $73,700. This projection, which is slightly higher than the cryptocurrency’s previous peak, comes with an ambitious and unexpected timeline. Bitcoin’s new all-time high already in a couple of days Geoff Kendrick, Head of EM FX Research,…

Recent on-chain data reveals a strong trend that includes large Ethereum withdrawals from one of the largest digital assets exchange, Binance. Particularly, Spotonchain, a prominent on-chain analytics platform said it observed ethereum withdrawals from a wallet linked to blockchain entrepreneur Justin Sun that is identified as ‘0xdbf’. The wallet in question has sent a total of 13,967 ETH – the equivalent of approximately $48.8 million – obtained from Binance over the course of three days for an average value of $3,494 each. The biggest single exit on record was for $16.07M – 4,629 ETH at a price of $3,472 per…

Meme coins have secured a unique position, captivating an enthusiastic community with their unpredictable fluctuations. Tracer, a DeFi analyst, recently highlighted ten meme coins that are present in various crypto insiders’ wallets. Tracer states these selected meme coins will likely experience substantial price increases soon. Top 10 Insiders’ Favorite Meme Coins Tracer himself has capitalized on following these insider transactions. He observed an insider earn 283x from early information about a meme coin named BRETT. Post-leak confirmation, BRETT’s value surged, marking a nearly 400% increase in just 30 days. This significant uptick enhanced BRETT’s market presence and raised its valuation…

The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies “do not typically possess all monetary characteristics,” emphasizing that they “are not effective as a unit of account, medium of exchange, or store of value.” Accounting Standards for Seized Crypto The Federal Accounting Standards Advisory Board (FASAB) published a Technical Bulletin (TB) on Friday to clarify the standards for the accounting and reporting of seized and forfeited digital assets. FASAB is responsible for…

U.S.-listed spot bitcoin exchange-traded funds yesterday reached new record by holdings with more than 850,000 BTC in custody, surpassing the previous high above 845,000 BTC from early April. Among ETFs, Grayscale’s GBTC holds the largest amount of bitcoin with over $20 billion, followed by BlackRock’s IBIT at $19.6 billion, while Hashdex Bitcoin ETF is the smallest holder with $12 million. U.S.-listed spot bitcoin exchange-traded funds now hold a record 850,707 BTC in custody, beating a previous high above 845,000 from early April. Among those funds, Grayscale’s GBTC remains the biggest holder of bitcoin with 289,300 tokens worth more than $20…

The Shiba Inu (SHIB) ETF petition is just 300 signatures away from hitting a major target of 10,000. This was disclosed by a popular Shiba Inu community figure, Heber Mayen, in an X post yesterday. 👀300 signatures away to reach 10k #SHIB ETF. LFG 📣 #SHIBARMY https://t.co/x0FAz5emR4 — Heber Mayen 🇬🇹🇲🇦🇺🇸 (@HeberMayen) June 8, 2024 Meyer made this known while reacting to a tweet from SHIB BPP regarding the Change.org petition directed to Grayscale Investments CEO Michael Sonnenshein. Notably, SHIB BPP has been promoting the petition on X, urging members of the Shiba Inu community to sign the petition. According…