Author: NBTC

Token Metrics Currently, Bitcoin has not indicated significant price movements, with trading volumes remaining muted. However, the transfer of 610 $BTC to Coinbase Institutional could signal shifting sentiments among institutional investors. The broader crypto market is showing mixed signals, but the influx of Bitcoin into institutional holdings may set the stage for increased demand and potential price appreciation. Coinbase is one of the leading cryptocurrency exchanges, providing institutional-grade services to large investors. The recent transfer underscores the exchange’s role as a key player in facilitating Bitcoin transactions for institutions, which enhances its jurisdictional relevance in the crypto market. Where Do…

SpaceX SPCX and Tesla TSLA are exploring a potential merger, Elon Musk, the CEO and a shareholder of both companies, said on Tuesday, raising the prospect of combining two of his biggest companies and more than 30,000 bitcoin $BTC$82,687.80. Musk owns about 36% of space and AI-focused SpaceX outright, rising to 48.4% including restricted shares and unexercised options, according to a June filing. His reported beneficial ownership of electric-car maker Tesla is 19.8%, including restricted compensation shares. Speaking during SpaceX’s third-quarter earnings call, Musk said both companies had formed special committees of independent directors to assess a tie-up. A combination…

However, increased long-term holdings don’t always mean investors are buying more $XRP. Some tokens enter older holding groups simply because their owners leave them unmoved for longer periods. What the HODL Waves Indicator Reveals The recent trend was highlighted by Glassnode’s $XRP HODL Waves indicator. For context, this metric tracks how long tokens remain in wallets without moving. It divides the circulating supply into age groups, and this allows analysts to see how the share of short-term and long-term holdings changes over time. The share of $XRP supply held for more than a year stood at 51% at the start…

Kazakhstan’s financial regulator secured court orders restricting Coinbase and five other crypto platforms from offering services without authorization in the Astana International Financial Centre (AIFC). The Astana Financial Services Authority (AFSA) said that the injunctions cover BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase and WEEX. The orders prohibit the platforms from offering or marketing unlicensed digital asset services and distributing mobile apps for those services within the center. The restrictions do not amount to a nationwide ban. In a Sept. 15 judgment, Justice Sir Stephen Richards said the injunctions apply only to the AIFC and users located there. The Astana…

Options are derivative contracts with a fixed expiry date that let traders bet on three things at once. They can bet on the direction of the price, on how big the swings will be and on timing, meaning by when a move will or won’t happen. As of Friday, the bitcoin derivatives market looked like this: Options tied to U.S. bitcoin exchange-traded funds had about $36 billion in open interest, with BlackRock’s IBIT accounting for nearly $35 billion of the total. Add in options on crypto-native platforms, and the figure rises to roughly $76 billion. When bitcoin futures, including perpetual…

Pandl noted that these three major smart contract networks have not yet become a common preference among investors. He pointed out that investors might overlook the networks that form the core infrastructure of the crypto ecosystem while focusing on new opportunities. The expert emphasized the importance of Ethereum, Solana, and $BNB, urging investors not to disregard the classics. Pandl highlighted the importance of ETH, SOL, and $BNB, while also acknowledging that Zcash has achieved a remarkable position in the financial privacy space and Hyperliquid in the perpetual futures market. However, he noted that interest in these projects should not overshadow…

Russian banks target trading scheme involving Tether Russia’s banking system is now clamping down on an arbitrage scheme to acquire Tether ($USDT) in neighboring nations and sell it for rubles in the country. The Central Bank of Russia (CBR) and commercial banks, many of which are majority state-owned, have begun blocking such transactions, local media revealed Monday. The process involves depositing into an account in another Commonwealth of Independent States (CIS) country, such as Belarus or Kyrgyzstan, and buying the stablecoin there. The digital currency, purchased in a jurisdiction where this is already legal or yet to be regulated, is…

JupiterExchange has activated its Q3 Active Staking Rewards (ASR), allowing users to claim and stake their JUP tokens. This announcement, made by @JupiterExchange, highlights the platform’s ongoing commitment to enhancing user engagement. The implications of this launch may increase network activity as users participate in staking rewards. Breaking It Down The broader crypto market is currently exhibiting mixed signals, with varied momentum across major assets. Amid this backdrop, JupiterExchange’s announcement of its Q3 ASR comes at a crucial time, potentially attracting user interest and activity on the platform. The ability for users to stake their tokens may contribute positively to…

The $80,000-$84,000 Range Stands Out for Bitcoin! The analyst stated that in the short term, the focus for Bitcoin is on the US Federal Reserve’s (FED) interest rate decision, and that he expects $BTC to move sideways in the $80,000-$84,000 range before the FED decision. Cloud added that the market monitors macroeconomic developments and ETF flows to determine direction. According to the analyst, while net outflows from spot Bitcoin ETFs over the past two weeks have increased selling pressure, the continued decrease in the amount of Bitcoin held on exchanges is supporting the market. The fact that long-term investors are…

“AI should be something people can build, run and control themselves, without having to rely on a handful of companies for the computing power behind it,” said Paolo Ardoino, CEO of Tether. “The team at Tenstorrent are developing technology that gives businesses and developers more freedom to choose how they build and deploy AI. We believe open computing infrastructure will be essential to making AI accessible to more people, and we’re excited to support Tenstorrent as it brings that technology to a wider market.” Tenstorrent will use the new funding to expand production and deployment of its Galaxy server systems,…