Author: NBTC

While some countries are having difficulty adopting digital currencies amid stringent regulations, others, like Hong Kong and India, are thriving because of their ecosystems’ resiliency and authorities’ warming up to these assets. As part of its plans to improve the city-state’s attractiveness to investors, Hong Kong is considering waiving taxes payable on investment gains from digital currencies and a raft of alternative assets for institutional players. According to a joint consultation paper by Hong Kong’s Financial Services and the Treasury Bureau (FSTB), the plans to roll out tax exemptions will be limited to hedge funds, family offices, and private equity…

Lucie, the marketing lead of Shiba Inu, shares an inspirational message to SHIB community members, emphasizing the importance of embracing opportunities and taking bold actions. In a recent tweet, Lucie suggested that people tend to regret missed chances and opportunities when reflecting on their lives. “In the end, we only regret the chances we didn’t take,” Lucie remarked. “In the end, we only regret the chances we didn’t take.” pic.twitter.com/mdrtenx3j9 — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 19, 2024 The statement highlights the significance of seizing the moment and taking risks that could pay off in the future. Failure to take bold actions…

Coinbase International, the overseas arm of the Coinbase exchange, has achieved a significant landmark with the listing of its 100th perpetual futures contract. The milestone reflects Coinbase’s commitment to providing diverse trading opportunities and expanding its presence globally. In a celebratory tweet, Coinbase International shared: “We’ve officially listed our 100th perpetual future on Coinbase International Exchange. That’s 100 unique opportunities for you to diversify, trade, and grow.” We’ve officially listed our 100th perpetual future on Coinbase International Exchange. That’s 100 unique opportunities for you to diversify, trade, and grow.Who’s ready for more? Onward to the next 100. pic.twitter.com/D0IGDxDrY2 — Coinbase…

Uquid, the trailblazer in Web3 commerce, has joined hands with HyperPay, the world’s first Web5 Wallet. The partnership aims to transform the shopping experience on Web3 Shopping Day. This collaboration brings groundbreaking features and exciting offers. Through this alliance, Web3 Shopping Day marks a landmark event for the decentralized economy. Meet our partner for Web3 Shopping Day – @HyperPay_tech HyperPay, the world’s first Web5 Wallet, integrates Off-Chain, Web3, and Hardware Wallets for seamless crypto management. With support for NFTs, DEX, and DeFi, plus advanced security and cross-chain transactions, it’s your… pic.twitter.com/19qzQxkD2P — UQUID – Web3 Shopping Infrastructure (@uquidcard) December 7,…

According to the latest on-chain data, liquidity in the cryptocurrency markets has reached an all-time high. Here’s the implication of the rising liquidity on the price of Bitcoin and its future trajectory. Stablecoin Market Cap Hits New Highs — Impact On Bitcoin Price In its latest report, CryptoQuant revealed that liquidity in the crypto market hit a record high in late September, sparking conversations about the Bitcoin bull market resuming. According to the on-chain analytics firm, crypto market liquidity is measured by stablecoin value and market capitalization, which now stands at around $169 billion. Data from CryptoQuant shows that the…

Ethereum surpasses $4K after months of stagnation, driven by renewed market optimism. Analysts predict ETH could reach $7K, supported by ETF inflows and ecosystem growth. Fee recovery and proposed solutions strengthen Ethereum’s position despite layer-2 competition. Ethereum (ETH) has broken past the $4,000 level, marking a significant recovery since March 2024. The rally comes after months of stagnant performance, reigniting excitement among investors and developers. Weekly gains of 10.7% reflect growing market confidence. Analysts point to Donald Trump’s November 6 victory and record inflows from exchange-traded funds as major drivers. Projections now suggest Ethereum could reach $7,000 during the current…

A cryptocurrency trader, whose trading pattern mirrored hunting for meme coins, finally struck a jackpot after recording a 2,090-fold return on a single transaction. Details of the trade indicate that the trader had an initial investment of $296 in the newly created SLOP meme coin, which transformed into a staggering $620,000 within just four hours in a transaction that also involved Solana (SOL), according to data shared by crypto on-chain analytics platform Lookonchain on October 21. The trader entered the market by purchasing 38.17 million SLOP tokens and 1.76 SOL ($296) through Raydium, an automated market maker (AMM) platform trading…

MoneyGram, one of the largest cross-border payments providers, shares details of its recent integration in the crypto segment. Thanks to the collaboration with OwlTing, Stellar’s partner, USDC on- and off-ramps are available in MoneyGram locations across the globe. MoneyGram access integrates OwlTing for USDC support MoneyGram, a global payments operator, announces the partnership with OwlTing Group, a Hong Kong cryptocurrency services platform. Thanks to the collaboration, OwlPay Wallet Pro can be seamlessly connected to MoneyGram International accounts. #MoneyGramAccess expands further with our newest global partner @OwlTing 🌐Bridging #USDC stablecoin and local fiat currencies for OwlPay® Wallet Pro users opens access…

Ethereum (ETH) surged to its highest price in nearly three years on Thursday, December 6, reaching $4,089. The increase follows significant institutional interest, with US Ethereum ETFs seeing their largest single-day net inflow of $428.4 million on December 5. A Revival of Institutional Investments in Ethereum ETFs Leading the inflows was BlackRock’s ETHA fund, followed by Fidelity’s FETH. These contributions also pushed Ethereum ETFs to record their largest weekly net inflow since launching in July. The total weekly inflow stands at $752.9 million in the first week of December. This is already a record weekly gain for the funds, even…

Shiba Inu (SHIB) has had an impressive run over the past week, with key metrics soaring. One of the major metrics is the burn rate, the deflationary standard that helps shrink the token’s supply. As of writing time, the meme coin’s burn rate has maintained its rally from the past week. Shiba Inu bullish burn outlook Per data from Shibburn, the Shiba Inu burn rate has increased by 389% in the past 24 hours. This means 6,314,537 SHIB have been sent to inactive wallets in a day. Since last week, the SHIB burn rate has remained sufficiently high to help…