Author: NBTC

Portal attracted a lot of attention earlier this year following its massive PORTAL token launch—which is the fifth-largest gaming token launch of 2024—and its airdrop. Now, several months later, the crypto gaming project is launching its wallet and game discovery hub. While the crypto gaming space has continually grown and evolved, it still has lingering issues and roadblocks to mainstream adoption—two of which Portal believes it’s addressing. First, games are spread across a plethora of networks, with what feels like a new layer-2 gaming network appearing every month or so. That’s why Portal Wallet supports 20 Ethereum Virtual Machine (EVM)…

Binance supports rewarding FLOKI and APE holders with free MONKY tokens. FLOKI gets 2.7 trillion MONKY, APE receives 800 billion MONKY tokens. MONKY listing depends on Binance’s stringent review process for new tokens. Binance has announced its support for the highly anticipated Wise Monkey (MONKY) airdrop, which aims to reward FLOKI and ApeCoin (APE) holders with MONKY tokens. This airdrop reflects Binance’s commitment to rewarding loyal communities while supporting new projects in the crypto space. Airdrop Details For FLOKI & APE Holders Wise Monkey has allocated a massive 2.7 trillion MONKY tokens for FLOKI holders and 800 billion MONKY tokens…

Bitcoin historical price patterns, especially as it pertains to its monthly RSI, suggest that the firstborn crypto has not yet witnessed its top for this cycle. This is according to a recent analysis by crypto trader and market analyst Mags (@thescalpingpro). He suggested that if history repeats, Bitcoin’s price could surpass the $200K mark, citing the current position of the monthly Relative Strength Index (RSI). The accompanying chart shared by Mags shows Bitcoin’s price movements during previous cycles. Data from the chart confirms that each of these cycles has featured halvings, bottoms, and bull runs. Bitcoin RSI and Halving Trends…

Staked USDT (stUSDT), a protocol that supposedly invests in US Treasury securities to pay yields to users who ‘stake’ their tether tokens, has seen its utilization on Ethereum collapse as Justin Sun-owned Poloniex has exited its position, according to onchain data. Staked USDT is a token that has historically been used by entities and wallets closely connected to Sun, representing a majority of all tethers in reserves at HTX, a cryptocurrency exchange he advises. Additionally, on Ethereum, huge portions of this token were controlled by 0x176F3DAb24a159341c0509bB36B833E7fdd0a132, an address that was previously tagged as “Justin Sun 4” on Etherscan but is…

Coinbase has withdrawn its pre-application to enter Turkey’s cryptocurrency market, according to a November 29 update from the country’s financial regulator, which listed the company among those requesting liquidation. Separately, Coinbase will discontinue USDC rewards in the European Economic Area (EEA) starting December 1, citing compliance with the MiCA regulation in a November 28 email to customers. QNB Digital Assets, a division of Qatar National Bank in Turkey, also filed for liquidation. Other entities marking closure include Bitget, Finceptor, Koinim, Stanfex, and XYZ Technology. Despite these exits, companies like Bitfinex, Bitbns, Bitlo, OKX, and Rain Software continue to pursue licenses…

Bitcoin (BTC) has shaken off months of stagnation, sparking a breakout that points to a renewed bullish trajectory, with one analyst eyeing a potential surge to $88,000 by the end of 2024. After reclaiming the $65,000 mark, bullish momentum is rapidly building for an “Uptober” rally, driven by strong technical indicators and patterns that mirror previous price surges. Notably, Bitcoin’s current cycle exhibits fractal patterns similar to those seen in past rallies, particularly the surge from October 2023 to March 2024, as highlighted by TradingShot. “Bitcoin has started to live up to the ‘Uptober’ meme as in recent days it…

In a groundbreaking move to advance compliance and security in the digital payments industry, a cryptocurrency platform, Paycoin, has added support for the Payment Card Industry (PCI) for Vietnamese merchants. Paycoin (PCI) is LIVE! Here is a video of using PCI for payment in Vietnam! We are steadily expanding our merchants globally. Starting from the US, Thailand, and now Vietnam! We are in the process of obtaining more merchants within the Asian countries. Stay tuned! Watch on Twitter View replies 10:18 am · 24 Oct 2024 That reflects Paycoin’s dedication to ensuring heightened security for cryptocurrency transactions in the Vietnamese…

The dispute between Binance and WazirX has intensified, with users demanding accountability from both platforms. Allegations of frozen funds, hacking incidents, and regulatory scrutiny have fueled the controversy. Binance CEO Changpeng Zhao (CZ) expressed his concern on social media, noting his limited ability to act while facing legal challenges in the United States. His tweets sparked a debate about user protection and platform responsibility. Read also: WazirX’s Tarnished Reputation: A $230M Hack and a Botched Response CZ reminded users of his previous advice to transfer funds from WazirX to Binance. He stated that users with funds on WazirX should move…

Bitcoin (BTC) is again at a critical juncture. The top cryptocurrency has broken above its August highs and is now challenging a long-term resistance zone. According to analyst Rekt Capital, Bitcoin’s successful attempt to overcome the August peak positions it to face more substantial resistance located at the top of a downward channel. In an earlier analysis, the analyst noted that this level has historically been a problematic barrier for Bitcoin, as it is where past bullish rallies were rejected. Highlighting the significance of this milestone, Rekt Capital pointed out that the August peak resistance had led to a price…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Solana could be seeing a substantial change in who benefits from the blockchain being built. A proposal from Jito’s DAO would send 3% of all maximal extractible value (MEV) tips collected by the protocol to the DAO treasury and to TipRouter, an in-house program developed for Jito’s forthcoming restaking platform. Jito Labs has also pledged to reduce its own tip share from 5% to 3%, meaning 6% of all Jito MEV tips would be taxed under the new program, up from 5% currently. The proposal estimates the…