Author: NBTC

In the latest twist in the ongoing saga between crypto enthusiasts and skeptics, MicroStrategy CEO Michael Saylor’s announcement of a new Bitcoin purchase has sparked a heated debate, with renowned gold advocate Peter Schiff leading the charge against the move. Saylor took to social media to reveal that MicroStrategy had acquired an additional 9,245 BTC, amounting to approximately $623 million. This acquisition, financed through convertible notes and surplus cash, brings MicroStrategy’s total Bitcoin holdings to a staggering 214,246 BTC, acquired at an average price of $35,160 per BTC. However, Peter Schiff wasted no time in criticizing Saylor’s strategy, citing Bitcoin’s…

The debate around Ripple’s XRP sales and its impact on XRP’s market value has remained a heated topic in the crypto community. Allegations of deliberate price manipulation by Ripple reached a new height recently following the disclosure of how Ripple leveraged various bots services to orchestrate its routine XRP sales. However, some commentators, such as X user Sherrie, disagreed that Ripple’s actions were manipulative. In a recent thread, Sherrie delved into the nuanced difference between manipulation and causation. A 🧵 to understanding ‘manipulation’ versus ‘causation’ If you’re interested in the facts then read on as it pertains to XRP.*Important: I…

LONDON, April 10 (Reuters) – The high concentration in crypto trading on a handful of exchanges, with Binance alone accounting for about half the market, raises concerns about the impact of a failure on the sector, the EU’s securities watchdog said on Wednesday. The bloc is rolling out the world’s first comprehensive set of rules to regulate trading in cryptoassets such as bitcoin , Ether and Tether, requiring exchanges to be authorised. The European Securities and Markets Authority’s detailed analysi opens new tab of what’s being traded and by whom found that so far the euro currency plays only a…

Farmsent, the transformational platform that seeks to overhaul the global food supply chain, has finally joined the peaqosystem. With a focus on connecting farmers directly with consumers, Farmsent is reshaping the access to food by prioritizing transparency. In addition to this, it boosts farmers’ profits, and gives them control over their products and sales channels. Welcome to the peaqosystem, @Farmsent_io 🧑‍🌾🚜Farmsent is a #DePIN re-imagining the global food supply chain by connecting farmers directly with consumers 🌾With over 160,000 farmers already leveraging Farmsent in Indonesia and Colombia, Farmsent is building natively on peaq… pic.twitter.com/Jat86GWkAj — peaq (@peaqnetwork) April 9, 2024…

Undoubtedly, one of the most important events of 2024, the SEC’s approval of spot Bitcoin ETFs, brought about a new ATH in the BTC price. Because the strong demand for ETFs allowed the BTC price to exceed the previous ATH of $ 69,000 and reach the new ATH. Although the BTC price has currently experienced a significant correction due to outflows in spot Bitcoin ETFs, analysts think that the strong demand and inflows into spot Bitcoin ETFs will continue throughout the year. Speaking at the Digital Asset Conference in London, Bitwise CIO Matt Hougan made new statements about spot Bitcoin…

On March 9th, the cryptocurrency Uniswap (UNI) drew attention from investors due to a decline in its price despite positive momentum in the general market. The Uniswap community initiated a voting proposal on March 3, 2024, aiming to change the role of the Uniswap V3 Factory owner in determining fees. The rejection of the UNI V3 Fees proposal highlights the complex dynamics of decentralized governance within the Uniswap ecosystem. In a vote in the Uniswap community, the rejection of the proposal led to a deep drop in the UNI token price: Details! The Voting in the Uniswap Community Was Rejected…

On April 9, during an appearance on Bloomberg TV, Dante Disparte, the Head of Global Policy at Circle, shared his insights on the Biden administration’s approach to managing the potential risks associated with cryptocurrency, particularly focusing on stablecoins and the broader implications for illicit financing. During his conversation with Bloomberg Crypto co-hosts Sonali Basak and Tim Stenovec, Disparte highlighted several critical points relevant to the cryptocurrency industry, regulatory landscape, and national security concerns. Addressing Congressional Inaction Disparte expressed frustration over what he perceives as congressional inaction in the face of the Biden administration’s proactive steps toward understanding and regulating the…

Swell, a leading player in the DeFi space, has revealed a collaboration with Chainlink. It aims at improving transparency and reliability in liquid staking and restaking. Swell’s new integration is referred to as Chainlink Proof of Reserve on Ethereum. It is a major step in the right direction for Swell. Swell’s latest Chainlink-integrated feed aims to provide more on-chain visibility to its users concerning the reserves backing rswETH, a Liquid Restaking token by Swell. .@swellnetworkio has integrated #Chainlink Proof of Reserve to help monitor reserves for its liquid restaking token rswETH.Additionally, Chainlink CCIP will support Swell Chain—the upcoming staking-focused layer…

According to analyst Gary Savage, there has been a “false breakout” of Bitcoin, the largest cryptocurrency by market cap. Savage pointed to the fact that cryptocurrency miners have been “diverging badly” as the reason why market participants should have been more cautious. Is this time really different? The stunning success of multiple Bitcoin exchange-traded funds launched by major institutions such as BlackRock and Fidelity has been the main bullish narrative propping up the largest cryptocurrency. Last week, the price of the top coin managed to achieve a new lifetime high of $73,737 due to excessive exuberance that was driven by…

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?” he emphasized, adding that he owns bitcoin and a few other cryptocurrencies. Kevin O’Leary Holds 11% in Crypto Shark Tank star Kevin O’Leary, aka Mr. Wonderful, shared his perspective on bitcoin and spot bitcoin exchange-traded funds (ETFs) in an interview with The Street on Friday. He is the chairman of O’shares Investments and…