Author: Nola Robert

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Nola Robert

Nola Robert is considered a thought leader in crypto industry, and her work is widely read and respected by industry professionals, investors, and enthusiasts alike. Nola is also known for her ability to explain complex topics in an easy-to-understand manner, making them accessible to a wider audience.

Articles by Nola Robert

XRP Price Dips to Massive Whale Selling Over 100 Million Tokens

9 months ago 2 mins read

Recent actions by massive XRP whale wallets have sent shockwaves through the market, as some of the largest XRP holders have offloaded more than 100 million tokens. This substantial sell-off has exerted significant downward pressure on the XRP price, sparking a chain reaction in the cryptocurrency’s value. The behavior of cryptocurrency whales, those holding substantial amounts of tokens, often provides insights into broader market sentiment. When whales decide to liquidate portions of their holdings, it tends to trigger a domino effect, causing smaller holders to follow suit and driving prices downward. Contrarily, after witnessing substantial price surges, whales are more

BALD Token Drops 90% After Developer Withdraws Liquidity Money

9 months ago 1 min read

The newly-launched bald (BALD) tokens experienced a turbulent ride as prices plummeted by as much as 90% after reaching a peak on Monday. The token’s deployer made a significant move by removing millions of dollars worth of liquidity, causing a sharp decline in value from 9 cents to 1 cent. While some recovery was witnessed, with prices bouncing back to 4 cents at the time of writing, the incident left traders on the edge. During the European morning hours on Monday, BALD tokens held an impressive $32 million worth of ether (ETH) in liquidity. However, the mood quickly changed as

Tether (USDT) Records $1 Billion Profit in Q2

9 months ago 1 min read

As of June 30, 2023, Tether ensured that the equivalent of USDTs in circulation was fully backed by assets in its treasury. According to the audited report, Tether recorded a surplus of $850 million in company assets during the second quarter. In total, the company assets yielded a surplus of $3.3 billion. Notably, Tether has decided to retain the profit and maintain the equivalent of USDT above 100%, further reinforcing the coin’s stability as a leading stablecoin. In the three-month period between April and June 2023, Tether achieved an impressive operational profit of $1 billion. This milestone speaks to the

Ripple CEO Brad Garlinghouse Slams SEC for ‘Regulation by Enforcement

9 months ago 2 mins read

The CEO of Ripple, Brad Garlinghouse, has publicly criticized the US Securities and Exchange Commission (SEC) in response to recent comments suggesting a potential appeal in their ongoing case against Ripple Labs. Garlinghouse’s sharp rebuke centers around the SEC’s “regulation by enforcement” approach, which he believes is detrimental to retail investors. On July 23, Brad Garlinghouse openly denounced the SEC’s “regulation by enforcement” policy, asserting that it harms retail investors. He accused the SEC of creating unnecessary chaos and referred to it as the “crypto cop” without legitimate legal authority. According to Garlinghouse, this enforcement-based approach has resulted in retail

Woman Uses Bitcoin to Hire Hitman To Kill Husband

9 months ago 2 mins read

A woman from US has been sentenced to five years in prison for conspiring to murder her ex-husband. Kristy Lynn Felkins, 38, from Fallon, Nevada, confessed to using Bitcoin on the dark web to hire a hitman with the intention of eliminating her former spouse. The motive behind this heinous act was to gain access to a significant life insurance payout. This incident sheds light on the potential misuse of cryptocurrencies in criminal activities, where the anonymity of digital currencies can be exploited for nefarious purposes. Court documents revealed that in 2016, Felkins paid $5,000 in Bitcoin to engage a

UK Abandons Plan to Regulate Crypto like Gambling

10 months ago 2 mins read

The British government has recently dismissed a proposal that sought to regulate crypto trading and investment as if it were gambling. Economic Secretary to the HM Treasury, Andrew Griffith, expressed strong disagreement with the UK Parliament’s Treasury Committee’s suggestion to categorize “retail trading and investment activity in unbacked cryptoassets” as gambling rather than a financial service. In their report issued in May, the Treasury Committee referred to bitcoin (BTC) and ether (ETH) as “unbacked cryptoassets” with “no intrinsic value” and claimed they served “no useful social purpose.” This characterization led them to propose treating crypto trading as a form of

Ripple’s XRP Jumps 6% Amid Rumors of Possible SEC Settlement

10 months ago 1 min read

As the crypto market experienced a downward trend at the beginning of the week, XRP has emerged as a standout performer, making strides towards reclaiming its yearly high. The digital asset’s 6.2% surge in the past 24 hours has garnered attention, especially in the wake of further developments in the ongoing case between Ripple and the US Securities and Exchange Commission (SEC). While most of the top 25 cryptocurrencies struggled to gain traction, XRP and Stellar (XLM) showed remarkable resilience with gains exceeding 6% and 9.6% respectively. Currently trading at $0.78, XRP’s price surge was triggered by the recent landmark

Terra Luna Classic (LUNC) Price Prediction: A 5% Jump Sparks Interest, Is it Time to Buy?

10 months ago 2 mins read

Terra Luna Classic (LUNC) has experienced a notable 5% price surge in the past 48 hours, adding to its 13% gain over the last seven days. Despite this recent positive movement, the coin still faces challenges, being down by 36% since the beginning of the year. One of the main reasons behind this setback is the lack of progress in re-pegging its sister stablecoin, USTC, which has been a source of frustration for the Terra Luna Classic community. Disagreements over upgrade proposals have further hindered progress, making it uncertain when LUNC will be able to achieve a significant recovery. However,

BlackRock CEO Larry Fink Confirms Increasing Interest in Bitcoin and Ethereum Among Gold Investors

10 months ago 2 mins read

BlackRock’s CEO Larry Fink recently shared his optimism about the increasing demand for cryptocurrencies like Bitcoin among gold investors. During an interview on CNBC, Fink highlighted the interest of gold investors in exploring the role of crypto, noting the potential for exchange-traded funds (ETFs) to democratize access to both gold and digital currencies. Fink revealed that over the past five years, there has been a growing number of gold investors inquiring about cryptocurrencies. The recent depreciation of the dollar and the appreciation of digital assets like Bitcoin have sparked interest in international crypto products that can transcend traditional currency limitations.

PEPE Price Dips Over 60% from All-Time High (ATH)

10 months ago 1 min read

The price of PEPE coin has witnessed a substantial decline, plunging more than 60% since its peak on May 5. This drastic downturn has left many investors grappling with the question of what lies ahead for the PEPE price and its future trajectory. Recent on-chain data has revealed significant whale movement, adding to the intrigue and uncertainty surrounding the popular meme coin. An interesting development in the PEPE ecosystem involves a trader known as “osf_rekt.” This trader has been actively accumulating PEPE tokens, recently exchanging 141 Ethereum (ETH) for a remarkable 173 billion units of PEPE. The repeated accumulation of

U.S. CPI Drops to 3% in June, Core Rate Lower Than Expected at 4.8%

10 months ago 1 min read

The U.S. inflation rate, as measured by the Consumer Price Index (CPI), experienced a decline in June, slipping to 3.0% on a year-over-year basis. This figure, reported by the Bureau of Labor Statistics (BLS), is a decrease from May’s 4.0% and was also lower than the expected dip to 3.1%. On a monthly basis, the CPI saw a slight increase of 0.2% in June, compared to 0.1% in May, but fell short of the projected 0.3%. The core CPI, which excludes the volatile food and energy sectors, also experienced a decline, dropping to 4.8% from the previous 5.3%. This result

South Korean Pop Star Reveals $77,000 Loss on Crypto Investment

10 months ago 2 mins read

Seo Chul-goo, also known as Xitsuh, a well-known South Korean pop star, recently opened up about his financial struggles after losing up to $77,000 on cryptocurrency investments. During a talk show appearance with his fiancee, Lee Young-joo, Xitsuh discussed the challenges he faced due to his crypto investments and how they impacted their wedding plans. This revelation sheds light on the risks associated with cryptocurrency trading even for celebrities in the entertainment industry. Seo Chul-goo, popularly known as Xitsuh, a South Korean pop star, rapper, and TV personality, shared his unfortunate experience of losing a significant amount of money on