Author: NBTC
Upbit, one of the world’s most trusted digital asset exchanges, has announced the end of market support for SteemDollars (SBD). Trading support will officially end on February 12, 2025. Upbit to End Market Support for SteemDollars (SBD) on February 12, 2025 Affected Trading Pairs: SBD/KRW, SBD/BTC Reason for Termination: Following a comprehensive review under Upbit’s Digital Asset Delisting Policy, SteemDollars (SBD) has been designated a precautionary asset on December 30, 2024. The decision was based on an assessment of its utility, purpose, adoption, and trading activity. Upbit has determined that these issues have not been resolved and has decided to…
Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) hitting the monumental $100,000 mark is “just the start” for the flagship crypto. Novogratz’s comments come as Bitcoin registers a new all-time high near $99,100, closer than ever to the six-figure price level, which some argue could be the top for this cycle. Speaking on CNBC’s Squawk Box, Novogratz emphasized that surpassing $100,000 is “almost inevitable” at this point. He added: “Normally you hit 100, you bounce off of it. I would not be surprised if we go much higher. We are in price discovery, there is not a lot of supply.”…
Ethereum (ETH) has been trading within a broad consolidation range of $2,800 to $4,000 for nearly 10 months, signaling a phase of market indecision. Notably, an analysis by CredibleCrypto suggests this range could be an ideal entry point for investors, as Ethereum gears up for a potential breakout. Ethereum’s consolidation phase Currently trading near $3,189, Ethereum is positioned just above the lower boundary of its 10-month consolidation range. After briefly climbing to a local high of $3,716, Ethereum has undergone a correction, which analysts see as part of a broader accumulation process. This extended sideways movement is seen as a…
The rush to create meme tokens has created a Solana (SOL) sinkhole due to deposits that remain locked in failed launches. Pump.fun may still be holding more than 98% of all tokens at the bonding curve stage, along with their SOL deposits. Solana (SOL) may have an unplanned tool to lock up its tokens – the Pump.fun bonding curve contracts. Only a small percentage of meme tokens graduate to Raydium, transferring all liquidity raised to the DEX. Some memes end up as rug pulls, putting the SOL in the hands of token developers. But many tokens remain stuck, unable to…
As Donald Trump prepares to return for a second term in the U.S. presidency, his path back to the Oval Office has been overshadowed by a major legal setback. The U.S. Supreme Court on Thursday denied President-elect Donald Trump’s emergency appeal to halt his criminal sentencing in New York, allowing the hearing to proceed as scheduled on Friday. The ruling comes 10 days before Trump’s inauguration. Over the past weeks, he’s been preparing to fulfil crypto-related promises that include easing digital asset regulations and advancing blockchain innovation during his term. In a 5-4 ruling, the court’s majority—including Chief Justice John…
ZA Bank, a digital neobank offering crypto trading, is reportedly considering physical branches in Hong Kong following new HKMA rules. Hong Kong‘s digital banks are exploring the possibility of opening physical branches as the local regulator introduced new rules allowing them to do so, the South China Morning Post has learned. According to the report, WeLab Bank, Mox Bank, and crypto-friendly ZA Bank, are among the banks considering setting up physical locations. The new Hong Kong Monetary Authority rule permits digital banks to operate a limited number of physical branches. ZA Bank, the largest digital bank in the city, supported…
As someone who has used Microsoft products my whole life, it pains me to see they are fumbling the bag on Bitcoin. The company’s $78 billion in cash reserves are losing value daily. Meanwhile, they stubbornly refuse to follow MicroStrategy’s proven winning strategy — convert those melting dollars to scarce Bitcoin! Microsoft announced a couple of months ago that it would buy back shares up to $60 billion; it seems like this did nothing to increase the stock price. Imagine if they had bought Bitcoin instead. That money would have been much more powerful if allocated to Bitcoin. The company…
With high demand for bullish momentum in the $2,200–$2,800 range, Ethereum consolidates between $2,800 and $4,000. Testing $3,717 resistance and targeting the $4,879 ATH could confirm Ethereum’s next bullish breakout. Continuous accumulation in the HTF demand zone indicates Ethereum’s potential for long-term gains and steady growth. The price of Ethereum (ETH) hovers around a huge range of $2,800 to $4,000. This 10-month accumulation phase may come before a fresh all-time high (ATH) run, per market analysis. Currently, the price correction is creating buying opportunities within the high time frame (HTF) demand zone. The Key Buying Zone: $2,200-$2,800 The $2,200-$2,800 range…
Shibarium, the Layer 2 blockchain network for the Shiba Inu ecosystem, is on the verge of integrating the Chainlink’s cross-chain interoperability protocol (CCIP), which could improve its interoperability. The development came to light when The Bus, a prominent figure in the Shiba Inu community, analyzed code details related to the integration. He shared screenshots of the codebase highlighting details of Shibarium’s potential integration with CCIP. The screenshots show a “PriceRegistry” smart contract that facilitates the conversion of token amounts across blockchain networks. Notably, the contract uses Chainlink technology to verify token prices and ensure accurate cross-chain token transfers. While the…
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets. They argue that regulations giving pension funds an option to invest in other assets need to be reviewed to allow South Africans to benefit from the growth in value of crypto assets. On Jan. 2, Farzam Ehsani, founder and CEO of VALR, one of the…