Author: NBTC

In a recent tweet, Dr. Martin Hiesboeck, Uphold head of research, sounded an important alert that might be essential for the crypto community to pay attention to. The XRP-friendly Uphold exchange Research lead highlighted a concerning surge in phishing airdrops, a deceptive tactic used by scammers to trick users into disclosing sensitive information or transferring funds. In a tweet, Dr. Hiesboeck indicated that these means of scams were now getting out of hand as he received over 100 messages in one week to claim scam airdrops. “Phishing for airdrops is getting out of hand. I have had around 100 messages…

According to sources, Vice President Kamala Harris’s election campaign advisors have reportedly contacted key names in the cryptocurrency industry. These contacts are part of an effort to develop relationships that could inform the future regulatory framework. Recently, crypto exchange Coinbase, stablecoin company Circle and blockchain payments firm Ripple Labs have been contacted for this purpose. The message Harris wants to convey is that Democrats are “pro-business and pro-responsible business.” Harris’ rise to the top among Democratic presidential candidates is seen as an opportunity to rebuild relations with the technology sector. This comes after the Biden administration’s regulatory stance sparked a…

The latest game from Otherside, an NFT gaming firm backed with $450 million worth of funding from Bored Ape Yacht Club’s Yuga Labs, debuted last weekend with chaotic, buggy results. Project Dragon, a third-person shooter hosted in the Otherside ‘metaverse,’ launched on Saturday. In the game, players compete to hold and capture objectives across an 8-bit city map. So far, it’s received a mixed reception. Some users, many with NFT profile pictures, have praised the game, while others have described it as ‘chaos,’ ‘buggy,’ ‘unresponsive,’ and having ‘terrible aim lag.’ One player said on X (formerly Twitter) that they quit…

Cryptocurrency analysis company Blofin Academy has released its latest report on the expected performance of Bitcoin (BTC) next week. The report highlights several important factors that can affect BTC’s price movements. The report begins by noting that bond yields rose rapidly after the market opened on July 1. This was due to a combination of the Fed using Overnight Reverse Repurchase Agreements to take some liquidity out of the market and the sale of treasury bonds pushing up yields. In addition, the sharp decline in the yen/dollar exchange rate led the Bank of Japan to offset Japanese government bond yields…

Ethereum exchange-traded funds (ETFs) logged more than $133 million worth of outflows on their second day of trading, according to data provided by Farside Investors. Fidelity’s FETH leads the way with $74.5 million worth of inflows. Grayscale’s mini ETF comes in second place with $45.9 million. BlackRock’s ETHA recorded a modest $17.4 worth of inflows. However, these inflows were not sufficient to offset the gargantuan outflows recorded by Grayscale’s ETHE, which lost $326 million on Wednesday. The outflows are expected due to ETHE’s huge 2.5% fee. As reported by U.Today, Ethereum ETFs debuted with “very solid” inflows. However, it seems…

Cryptocurrencies often unlock tokens previously locked within the protocol or in vesting contracts, inflating the supply and creating selling pressure. Monitoring and understanding these economic dynamics can give investors a relevant edge in the market, positioning accordingly. On July 25, AltLayer (ALT) will unlock 684.21 million ALT worth $111.81 million when Finbold retrieved this data. According to TokenUnlocksApp, this event will increase AltLayer’s supply by 42.1%, generating massive inflation that may impact its value. Interestingly, ALT’s unlock represents 84.5% of the total cliff unlocks in the next seven days for all the space. This contrasts with AltLayer’s ranking in 258…

Judge Torres is deliberating on penalties and injunctions in the Ripple Vs SEC case, with a decision expected in August. Both parties may file appeals despite Ripple’s multiple wins, keeping the legal battle ongoing. The decision on penalties and the injunction’s wording will significantly impact Ripple’s business and the broader cryptocurrency industry. In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Judge Analisa Torres is currently deliberating on a final ruling over penalties and injunction in the remedies phase. 🚨BREAKING: Judge Analisa Torres is in the middle of deliberations, trying to come up with…

The price of Bitcoin (BTC) fell to $58,555 on June 24, but the bulls bought the dips. Long-term forecast for the Bitcoin price: bearish The price pulled back above the psychological $60,000 mark and continued its fluctuating trend. Today, the BTC price has recovered and broken out of the current price range of $60,000 to $63,000. On the upside, Bitcoin will encounter resistance near the moving average line. A break above the moving average lines would propel Bitcoin to a high of $70,000. On the other hand, if Bitcoin fails to break above the moving average lines, it will be…

The second trading day for spot Ethereum exchange-traded funds (ETFs) saw a similar trading volume of $1 billion, but experienced a significant $133 million outflow, while spot Bitcoin ETFs saw inflows of $44 million. Despite the short-term setback, ETF analysts remain bullish on spot ETH ETFs, calling their approval a turning point for the crypto industry. As highlighted in a post on social media platform X (previously known as Twitter) by Nate Geraci, the President of ETF Store, ETF analysts and industry leaders are bullish on spot ETH ETFs. “What these ETFs do is open up bridges b/w Ethereum &…

The largest meme cryptocurrencies are outperforming the market benchmark yet again, while some lesser-known coins secure their spots in the top league. Meanwhile, Dogecoin (DOGE) replaces Toncoin (TON) as the ninth largest cryptocurrency and Pepe (PEPE) blasts past Polygon (MATIC). Popcat (POPCAT) meme coin jumps in top 100, targets $900 million cap The largest cat-themed meme coin Popcat (POPCAT) is among the best performers amid the 100 largest cryptocurrencies on CoinGecko. In the last 24 hours, the just-for-fun crypto added 12.8% and almost reached $900 million in market cap equivalent. Popcat (POPCAT) is also an undisputed leader in weekly performance.…