Author: NBTC

Last night, the German Government received back 1,915 BTC, valued at $111.5 million, from addresses linked to major cryptocurrency exchanges Kraken, Bitstamp, and Coinbase. German government’s Bitcoin moves have been making waves in the crypto market since the beginning of this month. Update: German Government BTC MovementsGerman Government wallets received 1915 BTC ($111.5M) last night back from addresses linked to Kraken, Bitstamp and Coinbase.1047.4 BTC ($57.2M) has been moved out of their wallets this morning:-547.4 BTC ($30.1M) to Flow Traders-500… pic.twitter.com/e6ARrAh4Td — Arkham (@ArkhamIntel) July 5, 2024 Germany Transfers 1,047.4 BTC, Allocates 547.4 BTC to Flow Traders This morning, they…

Ethereum (ETH) is currently showing signs of recovery after a recent sell-off phase. This has led to a notable rebound, suggesting the potential for a continued uptrend. The launch of five spot Ethereum exchange-traded funds (ETFs) on the Chicago Board Options Exchange (CBOE) marks a significant milestone for the cryptocurrency market. These five spot Ethereum ETF products, including 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF, will begin trading on July 23. This launch has generated considerable excitement among investors, as industry experts predict significant price movements for Ethereum driven…

Robert Kiyosaki, known as the author of “Rich Dad, Poor Dad” and a harsh critic of Fed Reserve, once again stressed that the best time to get rich is approaching. As real estate markets crash, he highlights the importance of making money in your sleep — a key lesson from his Rich Dad character. According to Kiyosaki, the time to generate passive income is now. Kiyosaki’s receipt is well-known. He believes Bitcoin, along with gold and silver, is essential for preserving and growing wealth in these turbulent times. Once a crypto skeptic, the writer now calls Bitcoin “people’s money” and…

In the volatile world of cryptocurrency trading, certain figures stand out for their strategic acumen and timing. Lookonchain, a leading on-chain analytics platform, has recently provided an insightful glimpse into the trading activities of one such individual, known by his handle jwynn.eth (JamesWynnReal on X). Recognized for his savvy market moves, James Wynn has become a notable figure in the crypto trading community, particularly through his interactions with the meme token PEPE. Strategic Moves and Market Insights James Wynn’s recent transaction involving the deposit of a significant amount of PEPE tokens into Binance was highlighted by Lookonchain, indicating his belief…

Marc Andreessen and Ben Horowitz, co-founders of the prominent venture capital firm Andreessen Horowitz (a16z), have publicly endorsed former President Donald Trump due to his supportive policies regarding technology, including crypto and AI. The two founders announced their support on July 17 during an appearance on “The Ben & Marc Show” podcast. The decision marks a significant departure for Andreessen, who has a history of endorsing Democratic candidates. The endorsement is based on the belief that Trump’s policies are more advantageous for the technology sector and comes amid increasing support for the former President in Silicon Valley. Horowitz acknowledged the…

Based on Glassnode’s data, cryptocurrency analyst Leon Waidmann of BTC-ECHO platform indicates massive accumulation interest of Ethereum (ETH) investors. Owners of ETH bags are moving them out of exchanges, which typically is a strong bullish indicator. $126,000,000 in week: Ethereum (ETH) investors drained exchange reserves Ethereum (ETH) investors are withdrawing their riches from exchanges at an increased pace. As the multi-month trend gained traction, centralized crypto platforms lost $126 million in equivalent in just seven days. The report was shared by Leon Waidmann, a seasoned cryptocurrency analyst, with his X followers. This trend started in March 2024, but it gained…

With the Republican Party solidifying its ticket for the Presidential race with the addition of J.D. Vance, there is yet another pro-crypto politician setting sights on the White House in 2024. In addition to another pro-crypto individual entering the race, the SEC is inching ever closer to authorizing spot ether ETF products, which would represent another large scale shift in the cryptoasset landscape in 2024. Highlighting this pivot and shift in attitude are recent comments from Blackrock head Larry Fink, who commented that his past statements on bitcoin were incorrect, and that bitcoin provides important diversification for asset managers. Notably…

Founder and frontman of the Ethereum blockchain Vitalik Buterin took to his account on the X social media platform to express his condolences over the passing of the legendary meme Shiba Inu dog Kabosu. This way, he indirectly again demonstrated support and respect to the Dogecoin community. Vitalik Buterin pays tribute to Kabosu Vitalik Buterin tweeted “Rest in peace Kabochan” in response to the tweet of Kabosu owner Atsuko Sato (@kabosumama) about the Shiba Inu dog dying at the age of 19. In 2010, Kabosu became famous thanks to her photos going viral on the internet. In 2013, inspired by…

European regulators are taking steps to clarify the classification of crypto-assets under the new Markets in Crypto-Assets Regulation (MiCAR). The European Supervisory Authorities have released draft guidelines proposing standardized templates and a test to ensure a consistent approach across the European Union. The guidelines propose standardized templates for explanations and legal opinions regarding the classification of crypto assets, as well as a standardized test to ensure a common approach to classification. The guidelines seek to help market participants and supervisors adopt a unified method for classifying crypto assets. The proposed standardized test, along with templates for explanations and legal opinions,…

Ethereum (ETH) has experienced an over 15% price increase in the past two weeks. This surge has captured the attention of investors and analysts alike, highlighting the cryptocurrency’s resilience and potential amidst a turbulent crypto market environment. Ethereum began an upward trajectory on July 10 as regulators seemed ready to approve spot Ether ETF applications. On July 10, Ethereum led the charge with a 9% increase, reaching $3,680.98 and peaking at $3,835.43 earlier that day. Bitcoin also followed with a 2% rise, trading around $71,350. Issuers and exchanges have reportedly updated their documents, indicating that the U.S. Securities and Exchange…