Author: NBTC

According to Spot On Chain, the on-chain platform for crypto analytics, Arbitrum (ARB) price dropped 11% amid a market downtime and a major unlock. In a post on X, Spot On Chain noted that six wallets that recently received tokens from vesting contracts deposited 8.95 million ARB, equivalent to $16.4 million to Binance. The $ARB price dropped 11% (12H) amid a market downtime and a major unlock!In the past 12 hours, 6 wallets, which just received tokens from vesting contracts, have deposited 8.95M $ARB ($16.4M) to #Binance.They still hold 32.95M $ARB ($56.7M) and may deposit out more tokens!… pic.twitter.com/165fOuMpvh —…

The legal tussle between the SEC and Ripple could be approaching a final resolution, as court records show that the parties just had a settlement conference. According to the CourtListener legal database, the United States District Court for the Southern District of New York recently scheduled a settlement conference regarding the ongoing legal tussle between the SEC and Ripple. The conference, held yesterday at 3:10 PM (ET), was presided over by Magistrate Sarah Netburn. Interestingly, an X user @bobaboy76239 shared a photo of Ripple execs Brad Garlinghouse and Stuart Alderoty entering a federal courthouse in New York yesterday. Spotted @bgarlinghouse…

Standard Chartered has changed its price prediction for Bitcoin, hinting at a bullish future for the cryptocurrency. It now believes BTC could potentially reach a staggering $150,000 by the end of 2024, a significant increase from its earlier prediction. Looking even further ahead, Standard Chartered suggests that Bitcoin could skyrocket to around $250,000 by the end of 2025 before stabilizing. This surge is projected to be fueled by a combination of robust ETF inflows, interest from reserve managers and the upcoming Bitcoin halving event, which traditionally has had a positive impact on the cryptocurrency’s value​​​​. As for Ethereum, the bank…

Lucie, the Shiba Inu marketing lead, has taken to X (formerly Twitter) to explain why KNINE presale investors have not received their tokens. The content specialist provided an educational piece regarding token vesting and cliff with respect to K9 Finance DAO’s official native token, KNINE. KNINE Presale For context, some crypto investors who participated in the KNINE presale earlier this year have complained that they have yet to receive their tokens despite the presale tokens selling out on January 31, 2024, as disclosed by K9 Finance founder Buzz. The K9 team allocated 76.02 billion KNINE (7.6% of the total supply)…

Regarding the latest development in the case between Coinbase and the Securities and Exchange Commission (SEC), Marisa Tashman Coppel, legal officer at Blockchain Association, shared her views on the court’s decision. Coppel called the court’s rejection of the SEC’s claim that Coinbase Wallet was functioning as an unregistered intermediary a “major victory for DeFi.” He criticized the SEC’s overreach and called the decision beneficial for developers and those working on peer-to-peer technology. Despite the victory, the court allowed the SEC’s remaining claims to move forward. This means Coinbase will now make hard-fought discoveries and the facts will be considered in…

Yesterday, Bitcoin recovered the key level of 70,000 USD with a daily candle of +3.97%, following Sunday’s pump which saw another +5% printed: let’s see how the price analysis has now changed. Now is the moment of truth: this latest movement opens the doors to a restart of the crypto asset towards new all-time highs or will there be a rejection before $74,000? In this article we will see an analysis of prices and an in-depth look at ETF data and derivative market metrics. All the details below. Bitcoin price analysis: the crypto recovers 70,000 USD Analysis of ETF data…

In a remarkable turn of events, Solana has achieved a significant milestone by surpassing Ethereum and other EVM-based Layer-2 solutions in 24-hour volume, as reported by DefiLlama. With Solana’s total chain volume standing at $3.654 billion, compared to Ethereum’s $2.397 billion, the platform has emerged as the undisputed leader in blockchain transactions. Even when combined with other major contenders like Arbitrum, Avalanche, Polygon and Optimism, Solana outpaces them all. The remarkable feat has caught the attention of Solana’s co-founder, Anatoly Yakovenko, who responded to the news succinctly, acknowledging the platform’s achievement. However, amid the celebration, skeptics have raised questions about…

With the SEC demanding a nearly $2 billion fine from Ripple, we’ve highlighted the amount of XRP the company might sell to meet this obligation if the court sides with the regulatory agency. The U.S. SEC recently filed its opening remedies brief, proposed judgment, and accompanying exhibits in the Ripple case. Notably, the part of the SEC’s recent filing that has caught the crypto community’s attention is its proposed judgment. SEC Seeks Nearly $2 Billion Fine The SEC specifically demanded that the court order Ripple to pay $1,950,768,364 ($1.95 billion) in fees and penalties over its violation of federal securities…

DMarket, a collection that represents non-fungible tokens (NFTs) and in-game items in the Mythos network, has emerged as the top-performing collection in the market over the past 24 hours to 2:30 p.m. ET, with sales reaching US$1.17 million, marking a 26.07% increase. The collection saw a substantial rise in activity, with transactions soaring by 26.79% to 47,872, according to CryptoSlam. DMarket now has US$389.5 million in all-time sales, making it the 17th-largest collection in the industry. It is now less than US$10 million from Cool Cats, an Ethereum-based NFT collection sitting on the 16th spot. The day’s second-ranked collection, Ethereum’s…

In a stunning turn of events, on-chain data has exposed a significant surge in Shiba Inu token acquisitions, totaling a staggering $10.2 million within a mere 20-hour window. According to reports, a jaw-dropping 382 billion Shiba Inu tokens were traced to an undisclosed wallet, initiated through two substantial transactions. The initial transfer witnessed an anonymous figure channeling a whopping 357.97 billion SHIB, valued at a hefty $9.77 million, into the enigmatic wallet. Following closely behind was a more conservative transfer of 24.09 billion SHIB, equivalent to $601,520, purportedly originating from the Bitvavo exchange. Of notable interest is the potential connection…