Author: NBTC
Bithumb Lists ACX, the Cross-Chain Protocol, as Price Surges 44% in 24 Hours: Next Stop $0.71?
South Korea’s second-largest cryptocurrency exchange, Bithumb, has announced the listing of Across Protocol (ACX) on its KRW market. Across Protocol operates as a decentralized cross-chain bridge, designed for secure and efficient transfers of digital assets between different blockchain networks. When Can You Start Trading ACX on Bithumb? Trading for the ACX/KRW pair is set to kick off at 6:00 PM local time today, Saturday, March 22, 2025. The initial price for ACX is 439 KRW. Deposits and withdrawals will be enabled within two hours of this announcement. South Korea’s second-largest cryptocurrency exchange, Bithumb, will list the Across Protocol (ACX) KRW…
During his campaign in 2024, President Donald Trump vowed to create a strategic Bitcoin federal reserve. But when he finally took office, the “plan” almost cooled down to naught, as the tone slowly changed to a “national strategic digital assets stockpile.” Will Trump keep his promise and prioritize Bitcoin? It seems more likely. Since its creation in 2009 by the pseudonymous Satoshi Nakamoto, Bitcoin has gone through multiple boom-and-bust cycles. That said, none of the ups reached quite as high as when President Donald Trump won the US presidential elections last November. Some would argue the coin surpassed $100,000 only…
Celsius, the fraudulent company that advertised ultra-high interest rates on crypto deposits, has emerged from bankruptcy and is operating again. Under its new name, Ionic Digital, the Celsius 2.0 relaunch is going even worse than anyone could have imagined. Although founder Alex Mashinsky is out of the company and awaiting his prison sentence, a new team of directors has been installed and have paid themselves lavish compensation packages worth $420,000 annually to operate the only business that remains in the resuscitated Celsius: mining. That compensation package speaks for itself. Indeed, only 12 other companies in the S&P 500 index pay…
The Treasury Department has issued an order ramping up surveillance of financial transactions worth as little as $200 that are processed by businesses in communities along the U.S. southwest border, prompting hand wringing among privacy advocates—including within the cryptocurrency industry. Questions have abounded over whether the directive could be broadly applied beyond cash to crypto transactions as well. But experts told Decrypt digital asset owners shouldn’t be alarmed. Although the order raises concerns over Americans’ financial privacy rights, it doesn’t apply to people sending and receiving digital assets through platforms such as Coinbase. “There are crypto firms that are licensed…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
GCash, the Philippines’ leading digital money app, announced support for Circle’s USD Coin (USDC). Users in the country can now hold and transact with the stablecoin. This marks a major step in integrating stablecoins with everyday transactions in the country. Circle’s USDC Ventures Into the Philippines Market Local media revealed the integration, noting that GCash users in the Philippines can buy, hold, and send USDC through GCrypto, the app’s cryptocurrency platform. GCash’s Group Head of Wealth Management, Arjun Varma, says this integration presents a game-changer for financial inclusion in the Philippines. “By offering easy access to digital dollars, we empower…
Bitcoin is moving in a pattern that looks like its 2019 mid-cycle rally. A breakout above resistance could push BTC toward the $130K level. If Bitcoin fails to break out, a drop toward $91K may be the next move. Bitcoin is once again showing historical cycle similarities, and analysts believe the market is at a decisive moment. According to TommyJR (@tempo_cate), BTC’s current trajectory closely follows its 2019 mid-cycle structure, where price action formed a rounded accumulation pattern before breaking out into a parabolic move. Currently, Bitcoin is trading at $96,619, with key resistance levels forming near $110K to $130K,…
Musk will not relent in Trump administration role even as activists ramp up attacks on Tesla and owners
Elon Musk has Donald Trump’s admiration for many reasons, but his resilience is probably high on the list. Not long ago, Chief Justice John Roberts denied Trump’s comrades the pleasure of impeaching James Boasberg, who ruled against him on the Alien Enemy Act. Rep Andy Ogles declared in defiance that the impeachments would keep coming because the constitution does not agree with Roberts. It was clearly a political tussle being manifested on X, and Musk, the businessman and now pseudo-politician, just happened to take notice. A man who is often the smartest man in the room, of course, weighed in,…
BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity
There are rumors that it is officially BNB season, and network activity on DEXs and CEXs has been going crazy. According to reports, Binance exchange has emerged the leading CEX by download, beating apps like OKX, Bitget, Coinbase, and Bybit. According to an X post by @crypto_rand, Binance has almost 60 million monthly visits, supports more than 400 coins and saw about 4.83 million downloads in February alone. That number is more than double the amount of downloads OKX, which came in second place, had. Binance leads crypto exchange apps in terms of downloads this month. Source: Sensor Tower As…
Spot Bitcoin exchange-traded funds in the United States continued to see net outflows on Feb. 11, as BTC stayed below the $100K mark, briefly dipping under $95K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, extending their negative streak to two consecutive days with $186.28 million in outflows from the funds seen the previous day. Fidelity’s FBTC led the outflows for the second day with $43.63 million leaving the fund. Franklin Templeton’s EZBC, Invesco Galaxy’s BTCO, Bitwise’s BITB and WisdomTree’s BTCW also contributed to the negative momentum with reported outflows…