Author: NBTC

Binance Alpha, Binance’s initiative to highlight high-potential blockchain projects, has announced its sixth batch of pre-selected tokens. Binance Alpha Announces Sixth Batch of Pre-selected Project Tokens The new batch includes five promising projects: YNE, GOUT, GEL, UFD and GAME. The pre-selection through Binance Alpha points to these projects as potential candidates for future Binance listings, giving investors and users an early look at innovative blockchain developments. Each token reflects unique use cases and emerging trends in the crypto ecosystem. What is Binance Alpha? Binance Alpha is a platform designed to identify and support exceptional blockchain projects before they reach Binance’s…

Bitcoin price is under the spotlight as markets anticipate a potential Federal Reserve rate cut that could drive fresh momentum. Notably, the CME FedWatch Tool has indicated a 74.5% possibility of a 0.25% rate cut by the Federal Reserve at its forthcoming Dec. 18 meeting. This comes after the 50 bps rate cut in September and 25 bps last month. If it materializes, this move could lower the federal fund’s target rate to a range of 4.25% to 4.5%. Such a cut, widely perceived as a dovish signal, will likely bolster the price action of Bitcoin and altcoins. The Fed’s…

Michael Saylor, once a fierce critic of Ethereum, has recently admitted that he was wrong in his earlier views. The prominent Bitcoin advocate had previously predicted that Ethereum would be labeled an unregistered security, and he believed it would never be approved for a spot ETF. Let’s find out what changed his views. What Changed in Saylor’s Views? In a recent interview on the Altcoin Daily channel, Michael Saylor admitted he was wrong about Ethereum. He explained that his views changed in the second quarter of the year. The turning point came when former President Donald Trump began supporting the…

A new report shows that more than 30% of the South Korean population holds crypto, with investors now holding over 100 trillion won in assets. South Korea‘s crypto market is rapidly booming as the number of investors reached 15.59 million by the end of November, Yonhap News Agency reports, citing data shared by Democratic Party lawmaker Lim Kwang-hyun. The latest figure shows an increase of 610,000 investors from the previous month, likely fueled by optimism following Donald Trump’s presidential election victory. According to the data, the total value of crypto held by South Korean investors reached a record 102.6 trillion…

Building on a strong November, Toncoin (TON) extended its bullish run this week. But the rally has faced significant resistance as investors turned to caution. As a result, Toncoin has witnessed a sharp decline in wallet profitability, with only 65% of addresses now in profit – a stark drop from the 90% peak recorded just a week ago. The latest IntoTheBlock data indicates that 25% of Toncoin wallets are currently at a loss, while 11% remain at breakeven. This shift highlights the recent turbulence in Toncoin’s market price, affecting profitability for many holders. Ownership trends revealed that the majority of…

Bullish, an institutional cryptocurrency exchange backed by Peter Thiel, has officially added the Ripple USD (RLUSD) stablecoin, according to a Tuesday announcement. The exchange’s users will not be able to trade a total of seven markets with the hotly anticipated stablecoin. These markets include RLUSD/USDC, BTC/RLUSD, XRP/RLUSD, ETH/RLUSD, USD/RLUSD, EUR/RLUSD, and SOL/RLUSD. As reported by U.Today, the much-talked-about stablecoin officially went live on Dec. 17 after initially being announced in April. Ripple made the stablecoin available for the general public shortly after it obtained crucial regulatory approval from the New York State Department of Financial Services (NYDFS). Earlier today, the…

Financial conditions in the U.S. are the loosest they have been in three years, according to the Chicago Fed’s National Conditions Index (NFCI), a weekly gauge that takes into account factors such as leverage, debt and equity markets and traditional banking. The readings provide insight into three specific areas: risk, credit and leverage. For the week ended Nov. 22, the index dropped to -0.64, a level not seen since August 2021 in the aftermath of the Covid-19 pandemic. A negative reading suggests financial conditions are looser than average indicating that liquidity is readily available. A positive reading, in contrast, means…

Out of the many memes that emerged in the stock market in recent years, the notion that Jim Cramer – the host of Mad Money and former hedge fund manager – is generally wrong is one of the most persistent. Such an idea has led to the creation of two exchange-traded funds (ETFs) launched by Tuttle Capital. The first, the Long Cramer Tracker (LJIM), was shut down relatively quickly due to a lack of interest. The second, arguably due to the popularity of the meme that whichever asset Jim Cramer recommends is bound to crash, drew much attention. Still, as…

Neo SPCC has updated the NeoFS node to v0.44.0. The update, now live on the NeoFS TestNet and MainNet, introduces new utility commands, improved FSTree performance, and important bug fixes. New functionality The neofs-cli tool now includes two new commands: control object list, which allows users to view objects recognized by a node, and control object revive, which restores objects flagged for deletion. Additionally, the neofs-lens utility adds the meta last-resync-epoch command to display the last metabase resynchronization time and the fstree cleanup-tmp command to remove temporary files from FSTree. The team added an improved FSTree writer, which offers an…

Binance, the world’s largest cryptocurrency exchange, has issued a warning for a well-established altcoin. At this point, Binance warned its users about the altcoin called IOTA, announcing that it has switched to the new token-economy model. Binance stated that after the new model, the total supply and circulating supply of IOTA will increase significantly and that a risk warning for IOATA will be included on the transaction page. “The total supply and circulating supply for IOTA (IOTA) will increase significantly. Users will also be shown a risk warning pop-up and banner on the Binance trading page.” In the official statement…