Author: NBTC

DCG boss Barry Silbert proposed a merger between Genesis and Gemini to the latter’s co-founder, Cameron Winklevoss, during a lunch meeting in Oct 2022. The combined company would be exciting to investors, making it possible to raise $500-$1 billion and take the company public in 24 months, Silbert wrote in an email. Silbert’s emails to his team seems to undermine some of the Winklevoss twins’ claim in the ongoing lawsuit, a spokeswoman for DCG said. In a drastic bid to avoid impending collapse, Barry Silbert, the CEO of Digital Currency Group (DCG), suggested a merger between his lending firm Genesis…

XRP community member Sherrie debates Ripple’s alleged manipulation, sparked by trading bot allegations. Cherry distinguishes manipulation from causation, defending Ripple’s XRP sales. Legal scrutiny and the judge’s ruling minimise Ripple’s perceived influence on XRP’s price. A member of the XRP community who goes by the name of Sherrie has ignited a debate on X, challenging allegations that Ripple has manipulated the price of its XRP token. Sherrie replied to an accusation that Ripple has employed trading bots to manipulate the price of XRP. A 🧵 to understanding ‘manipulation’ versus ‘causation’ If you’re interested in the facts then read on as…

Robinhood, the online brokerage firm, launched its 24-hour trading platform called the “Robinhood 24 Hour Market” last year, enabling retail investors to trade stocks and ETFs around the clock, five days a week. Now, the platform has recorded a total overnight trading volume exceeding $10 billion since its launch. According to Robinhood’s recent report, the platform has experienced a significant shift in trading patterns, with a notable increase in trading activity outside traditional market hours. On the busiest days, as much as 25% of the total daily trading volume has occurred during the overnight session, highlighting the growing demand for…

The primary cryptocurrency stood still for a few days after this week’s massive volatility, but the bulls are back in control and pushed it to a fresh all-time high of over $70,000. Ethereum’s native token mimicked BTC’s performance by soaring past $4,000 and dumping just as hard minutes later. Bitcoin’s current week is going in a highly volatile fashion. The asset skyrocketed to under $69,000 on Monday and went above that line on Tuesday to break its 2021 ATH. However, the bears took control and pushed it south hard in the following hours. As a result, BTC slumped to under…

Maker Dao, the body responsible for the development of the MKR token, has passed a new Executive Vote to bring new changes that will wade off any form of demand shock from the massive embrace sparked by the current bull rally. Maker DAO and the Proposed Changes Earlier on Friday, Maker DAO unveiled its plans to put forth a proposal for accelerated approval of a stablecoin stability measure should some users decide to withdraw a part of the $1.1 billion worth of Real-World Assets (RWA) that are available for redemption on the protocol. While there is currently no tilt or…

Ethereum jumped over $3,800 Wednesday morning, hitting its highest price since the end of 2021. At time of publication, the Ethereum price has pulled back slightly, trading at $3,796.53, up 2.8% on the day, per data from CoinGecko. The cryptocurrency last traded over $3,800 on December 29, 2021, according to the price tracking site. The cryptocurrency’s price surge comes as staked Ethereum hit over $116 billion earlier this week, up 9% since the start of the year. Today, 31,320,207 ETH are currently staked, worth over $119 billion at ETH’s current price, per data from beaconcha.in. Ethereum’s positive momentum also comes…

The stock price of Coinbase has surpassed its initial direct listing price for the first time in over two years, as Bitcoin reached a new all-time high. When the most prominent U.S. crypto exchange entered the public market through a direct listing in 2021, the starting price was $250 per share. Initially, the stock experienced a surge, reaching a peak of $350 per share in November 2021. However, it concluded its first year on the market with a 38% loss. The following years saw Coinbase’s shares struggle as the cryptocurrency market cooled down and regulatory scrutiny from the SEC intensified.…

The Shiba Inu ecosystem team has confirmed plans to initiate a massive SHIB burn soon. The team made this known through a post shared today by Shiba Inu’s marketing expert, Lucie. She said the team had collected 40 Ethereum (ETH) to incinerate SHIB tokens in the coming days. At the time of writing, the 40 ETH are valued at around $155,720, with a unit of ETH priced at $3,893. 🔥 $SHIB burns incoming! 40 ETH collected for the burn. Stay tuned! 👀 — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼‍♀️ (@LucieSHIB) March 8, 2024 Another Shibarium-Powered Burn? Although Lucie did not provide sufficient…

Binance, the world’s largest cryptocurrency exchange, continues to offer innovations that make it easier for its users to earn money with its innovative vision. At this point, Binance announced Futures NEXT, a prediction platform that allows Binance Futures users to predict altcoin listings. Accordingly, users will be rewarded for correctly predicting which tokens will be listed on the Binance Futures USD market. To register for Binance Futures with commission discounted advantages and participate in this event, you can register now from this link: https://www.binance.com/tr/futures/ref/38482669 Stating that the tokens expected to be listed will be collected in a pool, Binance said…

Bitcoin price has fallen by over 10% after briefly touching its all-time high of $69,000, propelled by investors’ flood of money into BTC Spot Exchange-Traded Funds (ETFs). However, intense volatility surrounding the crypto asset’s price has triggered a rebound to the $68,000 mark, which highlights the return of positive enthusiasm, prompting predictions of a significant rally to an unprecedented height. Key Narrative That Could Send Bitcoin To $240,000 Cryptocurrency analyst and trader Matthew Hyland has shared an optimistic forecast for Bitcoin with the community on the social media platform X. The analyst has identified a key trend that could trigger…