Author: NBTC

Toncoin (TON) reaches a new all-time high amid speculation that Telegram’s founder may consider an initial public offering (IPO). According to CoinMarketCap, the price of Toncoin briefly exceeded the $7 mark and broke its historical record. As Toncoin’s market cap surpassed it of Cardano (ADA), statistics show that TON is now the ninth biggest coin in the market, ranked above Cardano and Avalanche. Though the current trading price has slightly dropped by 0.3% over the past 24 hours to $6.8, its trading volume in a day still rose by 20% and demonstrated popularity among investors. Telegram Plans to Go Public:…

In a significant development for the gaming industry, CeluvPlay has announced its integration with Manta Pacific, a move aimed at bolstering the security and efficiency of its platform. This partnership marks a crucial step forward for CeluvPlay, as it seeks to expand its user base and provide a more robust gaming experience. With the integration of Manta Pacific’s cutting-edge technology, CeluvPlay is poised to unlock new possibilities and deliver unparalleled benefits to its users. 🧵🎉 Exciting News!!🎉We’re thrilled to announce our partnership with@MantaNetwork ✨After considering various options for the expansion, We chose to partner with Manta Network for its industry-leading…

HashKey Group’s global crypto exchange, Hashkey Global, opened its licensed crypto listing scheme, offering high-quality projects an opportunity to expand their reach. 2/ 🚀 Simultaneously, HashKey Global has launched 21 new tokens on its spot market, including popular cryptocurrencies such as BTC, ETH, USDC, and more. — Tiger Research Inc. (@Tiger_Research_) April 16, 2024 That comes after Hong Kong’s regulator authorized the first Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs). HashKey’s token listing scheme According to a local outlet, the trading firm revealed plans to accept regulated cryptocurrency listing applications via its official website. The exchange will provide…

CryptoCon, a popular technical analyst, highlights the potential for a Bitcoin cycle top, citing indicators such as the Directional Movement Index (DMI), which gauges an asset’s strength and direction while reducing potential false signals. The analysts suggest that a cycle top could occur in two weeks or three months – around April and June this year. More Pain to Come? However, he notes that based on previous DMI signals, the final top has been reached twice in ten months. Therefore, a more likely timeframe for Bitcoin’s cycle top could be by December 2024. The 2 Week Directional Movement Index tells…

Friend.Tech, a blockchain-based social application that allows crypto personalities on X to issue shares for access to closed group chats, has seen a resurgence in activity and value locked. Recent developments, including a possible FRIEND token and expansion beyond X, have renewed interest in the platform. More than $7 million has flowed into the platform in anticipation of the developments. Money is flowing back into social application Friend.Tech as a new version teases an eventual airdrop, bringing users back to what was among the biggest revenue-generating platforms during the bear market. Over $7 million flowed to Friend.Tech last week after…

Yuga Labs, the startup behind the Creator of Bored Ape Yacht Club (BAYC), has sold two of its gaming IPs to Web3 gaming studio Faraway—a development team that has been working closely with Yuga since last year. Both HV-MTL and Legends of the Mara have been acquired by Faraway, along with associated NFT collections. Faraway is also adding Yuga Labs’ Chief Gaming Officer Spencer Tucker as its new Chief Product Officer to help maintain continuity as the games continue on under a new company. As a result, Yuga Labs now has two gaming properties remaining in-house: The ApeCoin-powered metaverse gaming…

In Q1 2024, Korean crypto markets witnessed their highest trade volume in over two years, with KRW overtaking USD in cumulative trade volume, Kaiko says. Trade volume in Korean crypto markets soared to its highest level in over two years in early March, driven by an improved macroeconomic environment and heightened competition among local exchanges, according to data from blockchain analytics firm Kaiko. Despite Upbit‘s longstanding dominance in the South Korean crypto scene, boasting an average market share of 82% over the past three years, the recent changes in the landscape appear to have brought more competition to the market,…

Today’s Bitcoin price movement is a confluence of factors including massive liquidations, macroeconomic pressures, and the impact of negative Coinbase Premium alongside Bitcoin ETF dynamics. These elements combined have led to a noticeable dip in Bitcoin’s price. #1 Long Liquidations Today’s Bitcoin market saw a significant price drop, initiated by a sweeping liquidation event on the futures market. Over the last 24 hours, crypto trader liquidations exceeded $682.54 million across more than 191,000 traders, according to Coinglass data. This surge in liquidations resulted in Bitcoin’s price plummeting by 8% in mere hours, falling from $72,000 to $66,500. Although there was…

The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant. Like regular stablecoins, USDP is designed to maintain a stable value equivalent to a U.S. dollar, providing a safe haven for traders against the volatility often associated with cryptocurrencies. However, the recent unexpected increase in price, spotlighted by PeckShield, has raised concerns. #PeckShieldAlert #Liquidation An address (0x09a5…a87f) was liquidated ~529K $USDC after $USDP (Pax Dollar) surged to $1.18 pic.twitter.com/UbWxx8kZU4 — PeckShieldAlert (@PeckShieldAlert) April 17, 2024 The stablecoin…

Inspect, a leading Web3 social intelligence platform in the crypto market, has announced the official integration of its esteemed partner, MultiversX, across its entire platform. This collaboration aims to provide users with enhanced tools and insights to explore the MultiversX ecosystem seamlessly. One of the standout features of this integration is the introduction of a dedicated collection ranking system for MultiversX-based NFT projects. Users can now filter collections based on floor price, unique Profile Pictures (PFPs), PFPs per NFT, and community reach. This new ranking system promises to streamline the process of discovering and assessing MultiversX NFT collections, making it…