Author: NBTC
The Kazakhstan arm of Binance has announced the launch of new crypto derivative trading products for users in the country. As part of its efforts to enhance users’ trading experience, Binance Kazakhstan has launched multiple crypto derivative products. The exchange made this known in a recent announcement where it unveiled the derivative products and tools. New Derivative Products Launched for Kazakhstan Users The products include Binance Options, Futures Copy Trading, Easy Futures, and BFUSD. These trading tools went live on Binance Kazakhstan on March 13 at 15:00 (UTC+5). These trading products are already available in most jurisdictions where Binance operates.…
One of the most hottest topics in the world besides cryptocurrency right now is the U.S. gold reserves in Fort Knox. With Elon Musk leading the “riot,” many began doubting if the United States Bullion Depository contains all 147.3 million ounces of gold bullion as it reported, or if some of it was stolen or disappeared in some appropriate way. It quickly turned into a major debate in the crypto space, with cryptocurrency proponents taking their own stand amid the messy controversy. One of the popular thoughts was expressed by Senator Cynthia Lummis, who is one of the fiercest Bitcoin…
ETH maintains $1,900 support, aligning with its ascending channel and reinforcing its probable recovery trend. A cup and handle print emerges, suggesting Ethereum may rebound if key resistance levels are surpassed. Ethereum’s targets include $3,400 and $4,200, with a breakout above resistance potentially directing further gains. Ethereum (ETH) is shaping a possible bottom within its ascending channel, maintaining a key support level at $1,900. The asset is showing signs of a rounded bottom pattern, a formation linked to bullish momentum. The price action remains within an established channel, while indicators suggest a potential move upward. Ethereum’s Cup and Handle Formation…
The apparent LIBRA token rug pull is the the latest incident to negatively affect the Solana memecoin ecosystem, Galaxy Research said in a report on Monday. The narrative had already began to sour following the TRUMP token’s introduction in January and the ensuing “liquidity suck” that it caused. LIBRA could lead to more damage to the memecoin complex, the report said. This could reduce the need for investors to hold Solana’s sol (SOL), Galaxy said, noting that sol’s rise has been driven mainly by demand for SOL-denominated assets such as memecoins. Galaxy noted that the cryptocurrency has plummeted in U.S.…
The decentralized exchange (DEX) landscape experienced a significant downturn in web traffic last month, with leading platforms witnessing sharp declines in user visits. According to data compiled by Phoenix Group, nearly all major DEX platforms suffered drops in traffic, suggesting a shifting trend in user engagement and market sentiment. While some platforms saw double-digit losses, one outlier, LFJ, recorded a modest increase in visits. Uniswap remains the dominant player among decentralized exchanges, with 3 million total visits in the last month. However, it suffered a 33.2% decline in traffic. Despite retaining the largest share of users, the drop highlights changing…
A Google Web3 specialist for the Asia Pacific region recently disclosed that the tech titan has allied with pivotal Bitcoin network contributors to “lower entry barriers.” Among proposed innovations, the expert revealed plans to integrate existing Google authentication protocols with bitcoin wallets, potentially bridging mainstream digital identities with decentralized asset management. Google Specialist Says Tech Giant Is Investigating the Convergence of Web2 Logins and Bitcoin Wallets According to a report published by bloomingbit.io, Kyle Song, Google’s Web3 specialist, explored Web2 and Web3 during the “Bitcoin Tech Carnival” session in Hong Kong on Feb. 18. In the panel discussion, the report…
Injective introduces on-chain trading for Robinhood (HOOD), enabling 24/7 access and enhanced liquidity through its decentralized finance ecosystem. Injective’s governance proposal aims to integrate McDonald’s perpetual contracts into its dApps, further bridging traditional finance and blockchain-based markets. Injective has just launched their latest iAsset that allows trading of Robinhood (HOOD) stock directly on the blockchain. Anyone can now trade this stock anytime, day-round, with great liquidity free from the trading hour limits of traditional exchanges. Not necessary to bother about closing hours or wait for the market opening bell. Today, Injective is releasing its latest iAssst: onchain Robinhood stocks. Starting…
If you’re planning to launch a stablecoin or preparing for a token generation event (TGE), your choice of blockchain likely comes down to two major contenders: Ethereum or Solana. At first glance, the decision seems straightforward—Solana is faster and cheaper, while Ethereum’s Layer 1 (L1) remains costly and slow. But is it really that simple? Ethereum today is no longer just an L1 blockchain; it’s part of a much larger, modular ecosystem that includes a growing Layer 2 (L2) infrastructure. The real issue? The market hasn’t fully adapted to this modular paradigm yet. Many users still associate Ethereum with high…
Several key metrics indicate that Solana may also be feeling the heat from the recent backlash following the spectacular crash of LIBRA. Amid the fallout of the LIBRA token debacle, the memecoin craze that has taken hold of the crypto market over the past year has again come under question. This scrutiny now appears to be impacting sentiment around Solana, which has been the biggest winner of what some have termed the memecoin supercycle. Solana Price and Social Metrics Tank Several key metrics indicate that Solana, the de facto home and fuel for memecoin activity, may also be feeling the…
Having spent over a decade immersed in the cryptocurrency space, I’ve seen countless projects make grand promises—many touting revolutionary returns and cutting-edge decentralized technology. Today, however, a trend has emerged where “Bitcoin DeFi” or “BTCfi” projects present themselves as decentralized marvels using slick dApps, crypto lingo, and smart contracts. Yet behind the scenes, centralized actors may lurk. This is my warning to you: When extended processing times, timelocks, and opaque fee structures become the norm, the risk isn’t just a small loss—it could be everything. Lessons from Centralized Failures: BlockFi, Celsius, and FTX The Cost of Centralization History in the…