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

Whale Alert: Bitcoin Whales Acquire 71,000 BTC in Recent Accumulation Spree

10 months ago 2 mins read

Bitcoin’s largest holders, known as sharks and whales, have been actively accumulating more BTC despite the recent sideways trading and stagnant price action. According to on-chain analytics firm Santiment, these high-net-worth addresses holding 10 to 10,000 BTC have added a substantial 71,000 BTC to their portfolios in the past three weeks. This accumulation, worth approximately $2.15 billion, indicates a strong bullish sentiment among Bitcoin’s major players. Santiment Data Shows Whale Accumulation Santiment’s data shows that the accumulation of 71,000 BTC by these large addresses demonstrates their continued confidence in the long-term prospects of the leading cryptocurrency. The accumulation trend has

Solana Surges 35% Over Three Weeks: Analysts Puzzled by Remarkable Recovery

10 months ago 1 min read

Solana (SOL) has surprised the crypto world with a remarkable 35% surge in the past three weeks, leaving analysts and investors puzzled about the reasons behind its impressive performance. According to a recent report by Santiment, a leading crypto market intelligence firm, Solana’s price has experienced a substantial increase over the last few weeks. The token, currently trading at $20, has managed to recover from its recent low of $13.9 on June 10. While the report highlighted factors such as increased social volume on Reddit and potential speculation in Solana’s Non-Fungible Token (NFT) community, analysts at Santiment found these factors

MATIC Whale Transactions Skyrocket 2,930% as Price Approaches Critical Threshold

10 months ago 2 mins read

Polygon (MATIC), a prominent cryptocurrency, has experienced a substantial increase of 2,930% in its large transaction volume within the past 24 hours, as reported by IntoTheBlock. This surge in large transactions, amounting to $163 million, indicates active participation from institutional investors and whales. As MATIC continues its upward trajectory, approaching a crucial price level, it is worth noting that the Polygon proof-of-stake (PoS) network is set to undergo a significant upgrade called the Inborg Upgrade, aimed at enhancing network stability and finality. According to IntoTheBlock data, Polygon (MATIC) has witnessed an impressive 2,930% surge in its large transaction volume over

Dogecoin Creator Billy Markus Mocks Airdrop Farmers in Hilarious Twitter Banter

10 months ago 1 min read

Cryptocurrency enthusiasts always keep an eye out for airdrop opportunities, where projects distribute free tokens to wallet holders as part of promotions or initial coin offerings. However, Billy Markus, the co-founder of Dogecoin, recently made a lighthearted remark that caught the attention of the crypto community. In a playful tweet, Markus jokingly announced that “everyone in the world will be airdropped 9 billion dollars on Wednesday,” poking fun at the growing frenzy around airdrop farming. Airdrop farming has become a popular term in the crypto industry, with investors seeking ways to acquire tokens without taking on significant risks. The strategy

Over 1.6 Billion SHIB Meme Coins Burned by Shiba Inu Community

10 months ago 1 min read

In a significant development, the Shiba Inu community has made a massive transfer of 1,653,845,435 SHIB meme coins to dead-end wallets. While daily burns have seen fluctuations, a remarkable surge in burn rate on June 30 caught attention, leading to speculation about potential partnerships and the project’s expansion beyond the USA. Recently, the burn rate of Shiba Inu experienced a staggering 1,800% increase, with 50,258,924 SHIB locked in unspendable wallet addresses. Although daily burns have been inconsistent this week, this surge highlighted the community’s commitment to reducing the circulating supply of SHIB. Lead developer Shytoshi Kusama’s cryptic tweets have added

South Korea Implements New Crypto Regulations Following Terra Incident

10 months ago 2 mins read

South Korea is making a significant move to protect crypto investors in the aftermath of the Do Kwon’s Terra empire collapse. The government has recently passed the Virtual Asset User Protection Act, aimed at creating a safer environment and preventing “unfair” trading practices in the crypto market. This groundbreaking legislation is a comprehensive integration of 19 separate crypto-related bills, setting clear definitions for digital assets and establishing a legal framework to penalize illicit trading activities. The Act aims to apply the Capital Market Act to digital assets with security-like characteristics, enabling the authorities to take stringent actions against those engaged

Revolut Withdraws Support for Cardano, Polygon, and Solana in US Market

10 months ago 1 min read

In a recent email sent to its U.S.-based users on June 28, the prominent U.K. fintech firm Revolut dropped a bombshell announcement: it is discontinuing support for three major cryptocurrencies. Cardano (ADA), Polygon (MATIC), and Solana (SOL) will no longer be available for purchase through the Revolut app, effective immediately. Furthermore, Revolut plans to take things a step further in the future. At an unspecified date, users will no longer be able to hold or sell these cryptocurrencies within the platform. Instead, Revolut will automatically liquidate the tokens and deposit the equivalent cash into each user’s Revolut account. It is

Mastercard Develops Ethereum-Based App Store for Regulated Financial Apps

10 months ago 1 min read

Mastercard, the global payments giant, is set to venture further into the world of cryptocurrencies and blockchain technology with the launch of its “Multi Token Network” (MTN). The MTN will serve as an app store powered by blockchain technologies, providing a platform for building regulated financial applications. With this move, Mastercard aims to support the wider digital asset industry and promote confidence in its future. Through the MTN, developers will gain access to a range of tools that Mastercard has been developing. Among these tools is a private version of the Ethereum blockchain, which the company encourages developers to utilize

Charles Hoskinson Defends Cardano Against FUD

10 months ago 1 min read

Charles Hoskinson, the founder of Cardano, recently took to Twitter to defend the cryptocurrency against claims questioning its institutional interest and the health of its DeFi sector. Hoskinson emphasized the ecosystem’s significant growth and commitment to decentralization, urging people to focus on the signal amidst the noise. Hoskinson’s response was prompted by a tweet from a Cardano proponent, Chris O, who highlighted claims made on a popular YouTube channel regarding Cardano’s lack of Total Value Locked (TVL) and institutional interest. In a powerful rebuttal, Chris pointed out several institutional players already involved in the Cardano ecosystem, including Grayscale, Hong Kong

FTX Founder Sam Bankman-Fried Denied Motions to Dismiss Criminal Charges by Judge

10 months ago 1 min read

A federal judge has denied pretrial motions to dismiss criminal charges against FTX founder Sam Bankman-Fried, paving the way for his trial to go forward. Bankman-Fried is facing a range of charges, including wire fraud, bank fraud, operating an unlicensed money transmitter, bribery, and campaign finance violations. He had filed seven pretrial motions seeking the dismissal of the majority of these charges, but Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York denied the final three motions on Tuesday. In a detailed 41-page memorandum, Judge Kaplan outlined his reasoning for rejecting the remaining pretrial

$2.3 Trillion Asset Management Giant Seeks Crypto Custody License in France

10 months ago 1 min read

One of Europe’s largest asset-servicing groups, CACEIS Bank, has secured a license from the Autorité des Marchés Financiers (AMF) to provide crypto custody services in France. The banking arm of the CACEIS group, owned by Credit Agricole and Santander, has been granted PSAN (Prestataires de Services sur Actifs Numériques) status, allowing it to operate as an authorized custodian for crypto assets. This milestone marks CACEIS as the sole French custody specialist with this esteemed status, positioning it to cater to the growing demand from investment management firms and institutional investors. CACEIS’s Crypto Custody Services CACEIS Bank’s newly acquired PSAN status

JP Morgan Faces $4 Million Penalty from SEC for Misconduct

11 months ago 2 mins read

Yesterday, JP Morgan Chase faced a significant setback as the US Securities and Exchange Commission (SEC) fined the banking giant $4 million. The penalty was imposed on JP Morgan Securities LLC, a subsidiary of JP Morgan Chase, for deleting approximately 47 million emails from over 8,700 inboxes. These emails, which should have been retained as business records under the Exchange Act and Rule, were related to the period from January to April 2018. Let’s dive into the details of this administrative offense and its implications. Miscommunication and Mistaken Deletion The SEC’s order reveals that JP Morgan initiated a project in