Author: NBTC

MakerDAO has recently executed substantial sales of its governance token, MKR. According to the on-chain analytical platform Spot On Chain, MakerDAO’s Multisign 0xbba deposited a significant 750 MKR, valued at $2.19 million, to Binance. This transaction happened through a middle wallet – 0x1cc at a price of $2,920. This action is part of a broader trend that has garnered attention within the industry. Price Impact on MKR Spot On Chain observed that since its resurgence on March 18, 2024, the multisign has consistently deposited MKR tokens. The deposits total a staggering 11,993 MKR, valued at $31.18 million at an average…

Stablecoin issuer Circle plans to relocate its legal base from the Republic of Ireland to the US. Bloomberg reported on Wednesday that the company recently filed court paperwork to re-domicile. This follows Circle submitting plans for an initial public offering to the US securities regulator in January. “The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions,” Circle said at the time. Circle Heads for US Shores, Leaving Ireland’s Tax Perks Behind Choosing the US as its new home could mean Circle faces a higher tax burden, according…

Periodically, the product comparison website finder.com releases a new price prediction survey focusing on key cryptocurrencies and gathers a wide array of crypto and fintech experts for their perspectives. According to the most recent report on bitcoin forecasts, the panel of experts anticipates that bitcoin could attain a value in the six-figure range by 2024. Will Bitcoin Reach $100,000 in 2024? Finder.com’s Latest Survey Says Yes Finder’s latest survey on bitcoin’s (BTC) price involved a unique panel of 31 crypto and fintech experts. The results suggest that BTC could reach a peak of $122,000 in 2024, and then settle at…

Ethereum price prodded above $3,040 on May 17, up 6% from the 14-day low of $2,862 recorded on May 14, but spikes in ETH 2.0 staking withdrawals threatens to impede the rebound phase. Ethereum Price Surge Lagging behind the Crypto Market Average ETH failed to pull its fair share of capital inflows as bullish momentum returned to the crypto markets this week. The US Bureau of Labor Statistics latest CPI data release on May 14 and the resurgent GameStop rally have emerged as major catalysts stimulating bullish activity across the crypto markets this week. Led by mega-cap assets like BTC…

XRP Healthcare updates its mobile wallet app, introducing a new feature that allows users to swap XRP for XRPH seamlessly. XRP Healthcare, the Web3 healthcare solutions company, has enhanced its mobile wallet app, offering a new feature that allows users to easily swap between XRP and XRPH tokens. This update forms part of their ongoing efforts to enhance user experience and functionality in the non-custodial wallet. Embark on the #XRPCommunity revolution with our effortless $XRP to $XRPH swap feature, now accessible via our sleek mobile wallet app 📲 Get it now on the App Store or Google Play: iOS: https://t.co/vLV8uw7Wio…

Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto.news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies. Roger Ver, an early investor in Bitcoin and often hailed as so-called “Bitcoin Jesus,” was recently charged with mail fraud, tax evasion, and filing false tax returns by the US Department of Justice. His arrest in Spain has sent shockwaves through the cryptocurrency community and has raised questions about the future of regulatory measures for digital currencies, particularly those emphasizing privacy. Ver has been a vocal advocate for…

Bitcoin, which fell after the ATH above $ 73,000 seen in March, dropped below $ 60,000. While the decline in BTC before the halving caused investors to start talking about alternatives such as gold, Anthony Pompliano, founder of Pomp Investments, argued that Bitcoin will surpass gold. Speaking to Fox Business, Pompliano said BTC’s solid fundamentals, especially the upcoming halving, will make it bigger than gold. Stating that the upward trend in Bitcoin continues, the famous name pointed out that BTC performed better than other assets such as gold in the four years after the last halving in 2020. “We are…

Coinbase said ether has the potential to surprise to the upside in the coming months. The cryptocurrency unlikely to be displaced as the center of decentralized finance, the report said. The market may be underestimating the timing and odds of a potential approval of a U.S. spot ether exchange-traded fund. Ether (ETH) has underperformed the broader crypto market this year, but its long-term positioning remains strong and it has the potential to surprise to the upside, Coinbase (COIN) said in a research report on Wednesday. The second-largest cryptocurrency by market value has risen 29% year-to-date, less than two-thirds the surge…

peaq, a leading DePin platform in the Web3 space, has made headlines with its recent token launch on CoinList, securing an impressive $20 million in funding. This launch marks the largest event on CoinList in over two years, with over 14,500 community members contributing over $36 million in total. This has made it both the largest raise and the launch with the highest amount of contributed funds on CoinList in recent memory. peaq has secured $20 million in the largest @CoinList launch in 2+ years 🎆Over 14,500 community members contributed over $36 million to oversubscribe peaq’s token launch on @CoinList,…

Ethena (ENA), the synthetic U.S. dollar protocol built on the Ethereum network, recorded a significant surge as a renowned crypto researcher predicts a 100x rise during an anticipated altcoin season. ENA is up 13.5% in the past 24 hours and is trading at $0.90 at the time of writing. The asset’s market cap is approaching the $1.3 billion mark, making it the 67th-largest cryptocurrency. ENA 24-hour price chart | Source: CoinMarketCap Quite similarly, Ethena’s daily trading volume surged by 22.5%, currently hovering at $285 million. The latest uptick in the surge of ENA tokens comes as renowned crypto researcher Alex…