Author: NBTC
Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile money accounts. This initiative aims to enhance financial inclusion, particularly for the unbanked and underbanked populations. Binance Expands Services in Africa, Boosting Crypto Accessibility Cryptocurrency exchange Binance announced the launch of its One Click Buy and Sell (OCBS) feature in Africa last week, expanding its services to Ghana, Tanzania, Uganda, and Zambia. Binance stated: With the launch of our OCBS feature, users can now easily purchase crypto assets and sell…
Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at approximately $0.01 per kilowatt hour (kWh). Gryphon Acquires Ultra Low-Cost Power Mining Operations at ~$0.01/kWh.Key highlights include: • Ultra-low cost of ~ 1 cent per kWh• Identified a pipeline of 500 MW of similar opportunities • Immediately accretive operating asset that is already generating cash flowRead… pic.twitter.com/DKNQnjzZJl — Gryphon Digital Mining (@GryphonMining) August 20, 2024 This $1.5 million acquisition, which includes up to 2.9 megawatts (MW) of operational capacity and 59…
Immutable X recently onboarded Squid, its newest strategic partner. With this integration, users can easily swap tokens across different chains. This partnership aims to boost innovation in the web3 gaming space while ensuing top-notch security for the users. Access Immutable and the entirety of our gaming ecosystem, through @squidrouter!Squid is now live on Immutable Passport and Toolkit. Immutable zkEVM is one of the fastest-growing chains in history and Squid now provides swap capabilities at the fingertips for all gamers.… pic.twitter.com/5P7KzUE3eq — Immutable (@Immutable) August 26, 2024 Squid is a cross-chain liquidity router that allows anyone with a crypto wallet to…
Bitcoin (BTC) bulls have taken control of the cryptocurrency in the short term, driving the asset to reclaim the crucial $60,000 resistance zone, with technical indicators hinting at the potential for further upside. Indeed, this short-term momentum has led crypto analyst The Moon, in an X post on August 20, to point out that Bitcoin has broken free from a descending channel that had been suppressing its price for the past two weeks. According to the expert, Bitcoin had been consolidating within this downtrend, with prices fluctuating between $58,000 and $62,000. The breakout above the upper boundary of the descending…
Solana’s DeFi ecosystem has exploded over the past year, with the ease of trading meme coins attracting more participants to this Layer 1 chain. The latest stats on DeFi Llama show a total value locked (TVL) of $4.7 billion, almost 3x since the beginning of 2024. Behind this success is the Solana Virtual Machine (SVM), the blockchain’s execution software which performs similar functions to Ethereum’s Virtual Machine (EVM) – smart contract execution and transaction processing. However, unlike the EVM, Solana’s runtime environment is more efficient; it can handle up to 4000 transactions per second (tps) while EVM touts an average…
Cristiano Ronaldo, one of the world’s most famous soccer players, has partnered with Binance to launch multiple NFT collections, aiming to revitalize the NFT market. Binance recently launched the Forever Worldwide: The Road to Saudi Arabia NFT collection in partnership with Ronaldo. This was the fourth collection in their collaboration and was exclusively available on the Binance NFT Marketplace. The collection featured seven unique NFTs, each representing a key location in Ronaldo’s career: Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia, and Portugal. Collectors were able to earn rewards based on the number of unique NFTs they owned. The first drop…
Bitso’s report reveals a 15% annual growth in Mexican cryptocurrency users, with Bitcoin dominating purchases. Bitcoin accounted for 55% of average wallets and 30% of crypto purchases in Mexico, leading other nations. Bitso, a major cryptocurrency platform, recently released its “Crypto Outlook in Latin America: First Semester 2024” report, detailing the use and ownership of cryptocurrencies among Mexicans. The report notes a 15% year-over-year increase in user numbers in Mexico, with Bitcoin being the most purchased cryptocurrency, accounting for 30% of total crypto transactions. 🚀 El nuevo informe de tendencias cripto está aquí. Descubre cómo los mexicanos diversificamos nuestra cartera…
IOTA is set to be listed in the Assessment Zone of the MEXC exchange after recommendations from community users. Recently, IOTA announced that it has completed the final phase of the European Blockchain Pre-Commercial Procurement. The exchange of high-performance and mega transaction matching technology MEXC has announced the IOTA (IOTA) listing in its Assessment Zone. According to the official blog post, this groundbreaking move would be a gateway for the commencement of open trading for the IOTA/USDT trading pair. Trading will start Today, August 23, 2024, at 12:00 (UTC). 🚨#MEXC New Listing Alert!📈 $IOTA/USDT will be listed in the Assessment…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover the top 6 cloud mining platforms of 2024 and choose secure, user-friendly options to start generating passive income from cryptocurrency mining. In 2024, cloud mining is evolving, offering unprecedented access to profitability for both seasoned investors and curious newcomers. For all the newcomers out there: Cloud mining allows individuals to mine cryptocurrencies by renting mining power from companies that own and operate the required equipment. Instead of investing in expensive hardware and managing it themselves, users pay a…
Data from an on-chain analysis firm suggests that Bitcoin (BTC) miners’ capitulation may be ending, signaling the onset of a potential bull market for Bitcoin. As Bitcoin shows signs of recovery, currently trading at $60,456 with an approximate 2.8% increase in the last 24 hours, the overall market sentiment is turning positive. With miners no longer under severe pressure to sell, the market conditions are increasingly conducive to growth. Bitcoin Might be at the Early Stages of a Bull Run CryptoQuant highlights the Hash Ribbons indicator, which observes the 30 and 60-day moving averages of the Hash Rate. This tool…