Author: NBTC

Bitcoin mining company Bitfarms has announced the date for a special shareholder meeting following Riot Platforms’ attempt to acquire its rival. Bitfarms, one of the largest Canadian crypto mining companies, has announced a special shareholder meeting for October 29, in response to a requisition submitted by its rival, Riot Platforms. In a Friday press release, Bitfarms said its committee of independent directors reviewed Riot’s request with financial and legal advisors. Bitfarms is stressing the need for shareholders to have sufficient time to evaluate Riot’s proposal. The Bitcoin mining company says its shareholders eligible to vote at the meeting could do…

Trevor Jones, famous artist in the world of Web3, has recently presented his most ambitious Ordinals NFT collection to date: the CryptoAngels. After painting Bitcoin-themed artworks since 2017, this new collection is inspired by his Bitcoin Angel, with the open edition that broke records in 2021. Specifically selling 4,158 editions for 3.2 million dollars in just seven minutes. Since then, Jones has built a solid community and a brand around his work and the motif of the Bitcoin Angel, including the annual Castle Parties dedicated to art, culture, and charity. Let’s see all the details below. NFT Collection of CryptoAngels…

A guilty verdict has been reached in the long-awaited Hush Money trial, with former U.S. President Donald Trump found guilty on all 34 felony counts by a unanimous decision from 12 jurors in New York, with sentencing set for July 11. However, for one crypto trader, there is a silver lining in this verdict, as he managed to earn over $167,000 with well-placed trades involving Trump-related tokens, FreeTrump (FREE), and Never Surrender (TRUMP) created shortly after the guilty verdict was reached. How did the trade unfold? Using a strategic approach, the trader capitalized on the volatility of Trump-themed tokens, specifically…

A the latest bid to curb AI-generated deepfakes, a bipartisan group of U.S. senators led by Washington Senator Maria Cantwell announced on Thursday the introduction of the Content Origin Protection and Integrity from Edited and Deepfaked Media (COPIED) Act. The COPIED Act calls for a standardized method to watermark AI-generated content so that it can be easily detected. It also requires AI tool providers to allow creators to attach information detailing the origin or “provenance” of their content in a way that cannot be removed. Senators signing onto the proposed bill include Marsha Blackburn (R-Tenn.) and Martin Heinrich (D-N.M.). The…

Binance, the world’s largest cryptocurrency exchange, continues its altcoin announcements. At this point, Binance announced both a delist and a listing today. Accordingly, announcements came for ALGO, DYN,SXP, TUSD, 1000SATS and IO Binance announced that it will delist ALGO/ETH, DYM/FDUSD, SXP/BNB and BTC/TUSD, TUSD/USDT trading pairs, while 1000SATS/USDC and IO/USDC trading pairs will be listed. “To protect users and maintain a high-quality trading market, Binance periodically reviews all listed spot trading pairs and may delist certain spot trading pairs due to various factors such as poor liquidity and trading volume. Based on our latest reviews, Binance will remove and suspend…

Seasoned cryptocurrency analyst Charles Edwards foresees more pain for Bitcoin (BTC) bulls in the coming weeks. At the same time, Spot Bitcoin ETF flows signal that TradFi investors are sure that the “buy the dip” moment has already arrived. “Buy Bitcoin” signal might be “weeks away”: Charles Edwards on miners’ capitulation The Hash Ribbon Capitulation signal, which is typically interpreted as an indicator of miners’ pessimism, was confirmed in mid-May. It happened just prior to the worst Bitcoin (BTC) price drop since FTX’s collapse, as noticed by Charles Edwards, renowned Bitcoin (BTC) investor and Capriole Investments founder. The biggest Bitcoin…

Upbit’s listing of BEAM on its platform has led to a 39.68% rally to $0.03611. If the current trend persists, BEAM could surge further to $0.038535. South Korea’s premier cryptocurrency exchange, Upbit, recently added Beam (BEAM) to its trading list, leading to a surge in trading volumes and investor interest. The announcement has significantly boosted BEAM’s visibility and accessibility, propelling a sharp demand increase. This heightened interest drove BEAM’s price up by over 39.68% in a few minutes, jumping from $0.02589 to $0.03611. At the time of writing, BEAM is trading at $0.3341, marking a 21.65% increase with a market…

SEC vs. Coinbase hearing on Thursday addresses the exchange’s demand that Chair Gary Gensler should testify. Coinbase Attorney Kevin Schwartz’s arguments fail to convince Judge Katherine Polk Failla. Judge says she is troubled by hearing that SEC is stonewalling, asks parties to work together. Judge Katherine Polk Failla, who presided over the Securities & Exchange Commission (SEC) vs. Coinbase hearing early on Thursday, was troubled by the state of affairs and has asked the parties to work together. While Coinbase’s attorney argues that SEC Chair Gary Gensler’s statements prior to being sworn into office are relevant to the case, the…

Russia’s Ministry of Finance is reportedly working on allowing stock exchanges to open crypto trades, but restrict access to a limited group of “highly qualified” investors. Russia‘s Ministry of Finance, also known as Minfin, is exploring measures to permit crypto trading on stock exchanges as the country is moving closer to legalizing crypto payments for cross-border trades, Russian state news agency Interfax reports, citing sources close to the matter. The report notes that the ministry is mulling a mechanism that would allow conducting trades with digital currencies, but for “highly qualified” investors only as Russia’s central bank, the Bank of…

The correlation between Bitcoin (BTC) and the S&P 500 index is witnessing a significant shift as both asset classes continue to record divergent value movements. In this regard, market expert Ali Martinez suggested in a July 11 X post that this decoupling could indicate a substantial move ahead for Bitcoin. Notably, Bitcoin’s price and the S&P 500 index have diverged significantly over the past month. While Bitcoin retraced to $54,000, the S&P 500 surged to new all-time highs. This divergence is particularly striking, as the two assets had previously shown a strong correlation. Historically, Bitcoin and the S&P 500 have…