Author: NBTC
South Korea’s largest cryptocurrency exchange Upbit has issued an investment warning regarding the HIFI token. Upbit Issues Investment Warning for HIFI Token, Suspends Deposits The token was placed on a transaction watchlist by the Digital Asset eXchange Association (DAXA), causing Upbit to suspend deposit services for HIFI. In a statement released by Upbit, the exchange advised investors to be cautious when considering HIFI as part of their portfolios, citing concerns over the token’s performance and potential risks. The suspension of deposits is intended to protect users while regulatory and market investigations continue. DAXA’s inclusion of HIFI on its watchlist further…
While the leading cryptocurrency Bitcoin (BTC) exceeded $ 100,000 following below-expected non-farm employment data, QCP Capital shared its current analysis. Analysts stated that BTC’s failure to regain the $99,000 resistance in recent days has intensified sales and caused an uncertain market outlook, and that Bitcoin is at risk of retreating towards $80-90,000. Analysts stated that investors are focusing on BTC put options of $80,000 dated February 28, 2025 and $90,000 dated February 21, 2025, indicating that investors remain cautious and the market continues to price in downside risks. “Continuing to observe interest in BTC 28FEB25 80K puts and BTC 21FEB25…
IOTA Rebased Testnet is in its latest phase of development before mainnet launch. The protocol is onboarding validators who are securing billions in assets. The IOTA Rebased test network recently announced onboarding a new set of trusted validators in the blockchain space. This marks the first validators welcomed this year, highlighting the network’s determination to build a robust and diverse infrastructure for the upcoming mainnet launch. Duties of the IOTA Rebased Validators IOTA brought the news to the public in a recent X post, highlighting the core duties of the validators to the Rebased testnet. Importantly, these validators, which have…
A bill recently presented to the National Assembly in Panama proposes legalizing the voluntary acceptance of cryptocurrency in commercial transactions. The proposal also encompasses VASP regulation and integrating blockchain for optimizing state processes. Bill Introduced in Panama Proposes Voluntary Cryptocurrency Acceptance, Blockchain Integration More and more countries are starting to appreciate the properties of cryptocurrency and blockchain, planning the regulation of these elements to streamline commercial and state adoption. The “establishing a regulatory framework for cryptocurrency and blockchain usage, and promote a digital economy in Panama” bill was recently introduced to the National Assembly by Substitute Representative Gabriel Solis, seeking…
Ethereum’s blockchain transitioned from work-based security to a financialized security model on September 15, 2022. Since it forked to proof-of-stake (PoS), ether (ETH) has made new lows against bitcoin (BTC). The Merge (and earlier changes like EIP-1559) were supposed to cleanse the blockchain of its electricity-guzzling stigma, and the community latched onto the changes in ETH issuance as a new era for ETH as deflationary, “ultrasound money” Instead, the event simply marked one of the best-ever prices to have sold ETH for BTC. With the price of ETH now trading at a four-year low against BTC, consider these additional metrics…
South Korea’s leading cryptocurrency exchange Bithumb has announced the listing of Orca (ORCA) on the Korean Won (KRW) market. Bithumb Lists Orca (ORCA) on KRW Market Transaction Details Sunday KRW Market Network: Solana (Deposits via other networks are not supported) Deposit and Withdrawal Opening: Within three hours after the announcement Transaction Start: March 28, 2025, 16:00 Starting Price: 3,794 KRW Deposit Confirmation Requirement: 20 confirmations What is Orca (ORCA) Orca is a decentralized exchange (DEX) built on the Solana blockchain, offering fast and low-cost token swaps and liquidity. It uses the Concentrated Liquidity Automated Market Maker (CLAMM) model, which increases…
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as an institutional investor, and Bitmain links, is this the mining sector’s next dark horse? A Cango Deep Dive The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Mar. 25, 2025, it was penned by Bitcoinminingstock.io author Cindy Feng. It’s been a few weeks since our last deep dive into lesser-known names in the Bitcoin mining space. I’ve been a bit…
Wouldn’t it be great if we had one all-encompassing metric to guide our Bitcoin investing decisions? That’s precisely what has been created, the Bitcoin Everything Indicator. Recently added to Bitcoin Magazine Pro, this indicator aims to consolidate multiple metrics into a single framework, making Bitcoin analysis and investment decision-making more streamlined. For a more in-depth look into this topic, check out a recent YouTube video here: The Official Bitcoin EVERYTHING Indicator Why We Need a Comprehensive Indicator Investors and analysts typically rely on various metrics, such as on-chain data, technical analysis, and derivative charts. However, focusing too much on one…
Despite its broader cost-cutting push, Julius Baer appears to be signaling an ongoing focus on digital assets with a key crypto hire. Swiss wealth management group Julius Baer is cutting costs under its new CEO Stefan Bollinger, but the bank seems to be keeping an interest in digital assets by hiring crypto specialist Michael Martin, who has joined as a client advisor in Zurich, focusing on digital assets. In a LinkedIn announcement, Martin said he’ll be advising clients “with needs in the area of digital assets.” “I look forward to supporting our clients — whether they value our deep experience…
The cryptocurrency market has been plunged into a decline this week, with global crypto market capitalization dropping by 11% in the past seven days. As the market continues to face volatility, crypto whales have been acquiring specific altcoins to navigate the downturn. Some of the tokens that are attracting attention from major investors during the first week of February are Dogecoin (DOGE), Pepe (PEPE), and Cardano (ADA). Dogecoin (DOGE) Leading meme coin DOGE has enjoyed significant whale attention this week. The triple-digit surge in its large holders’ netflow, which has spiked by 112% in the past seven days, reflects the…