Why Nano Labs Wants To Control A Big Chunk Of Binance Coin’s Circulating Supply
Nano Labs Ltd. (NASDAQ:NA) has confirmed a $50 million purchase of 74,315 Binance Coin (CRYPTO: BNB) tokens, expanding its digital currency reserves to approximately $160 million as part of a broader strategic accumulation plan. The transaction, executed through over-the-counter (OTC) channels at an average price of $672.45 per token,...
Read More
Bitcoin ETFs Just Pulled In $600 Million In A Day—Is A Major Price Breakout Coming Next?
Spot Bitcoin ETFs recorded a strong day of inflows on July 3, with a total net addition of approximately $602 million, according to data from SoSoValue. Fidelity‘s Fidelity Wise Origin Bitcoin Fund (CBOE: FBTC) led the activity, pulling in $237 million, while BlackRock‘s iShares Bitcoin Trust ETF (NASDAQ:IBIT) followed...
Read More
Solana Meme Coins Surge: $PENGU, $USELESS & $WIF On Fire; Snorter Token Next?
Solana meme coins are undoubtedly in the middle of a strong rally, with $USELESS leading the charge. This new crypto, which is quite literally a satirical take on the meme coin space, has gained over 85% over the past 7 days and an eye-watering 209% in the last 30...
Read More
Belgian Court sentences three for crypto coach’s wife kidnapping
A Belgian court has sentenced three for the abduction of a crypto coach’s wife, marking another high-profile case amid the rising wave of crypto kidnappings in France. The Brussels Criminal Court court has sentenced three kidnappers to 12 years in…...
Read More
XRP, ADA, DOGE: Here’s How They Can Surge by Double Digits
TL;DR With bitcoin coming just a few grand from charting a new all-time high this week, many altcoins posted impressive gains even though they are still far from their respective peaks. However, popular crypto analyst Ali Martinez laid out scenarios where three of the most popular ones can register...
Read More
Analyst Says Sell XRP Now Before 72% Price Crash To $0.6
XRP remains one of the most actively discussed cryptocurrencies on social media, with expectations that its price has yet to plateau. Things like the Ripple battle with the Securities and Exchange Commission (SEC) coming to an end and Bitcoin expected to resume its uptrend have fueled expectations of the...
Read More
Analysis: Bitcoin could reach $120K in July amid BTC market maturity
Bitcoin is showing signs of strength heading into July, with low volatility, steady demand, and historical trends suggesting the price could soon make a sharp move higher. A July 4 report from Matrixport suggests that if seasonal trends continue and…...
Read More
Nano Labs Buys $50M in BNB in $1B Plan to Hold Up to 10% of Supply
Nano Labs (NA), a Nasdaq-listed chipmaker, snapped up about $50 million worth of Binance’s BNB (BNB) token as it works toward a goal of owning as much as 10% of the total supply. The Hong Kong-based company said it bought 74,315 BNB in an over-the-counter deal at an average...
Read More
JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters
China’s JD.com and Ant Group are pressing the central bank to permit yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday. They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency’s global role. Both firms...
Read More
Bitcoin on the Brink of All-Time High as Macro Tailwinds Gather Strength
Bitcoin BTC looks poised to climb to an all-time high this July, propelled by converging macroeconomic and market forces that are driving investors into riskier assets. U.S. equity indexes are already setting records, with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average all sitting at highs, reflecting...
Read More