Author: NBTC

Australians have the highest levels of interest in cryptocurrency per capita, based on their web traffic, with most activity relating to trading and speculation, according to new data. Data compiled by venture firm Andreessen Horowitz’s crypto division calculated the percentage of web traffic from each country across the top 30 tokens on CoinGecko, filtering out Bitcoin and stablecoins. Australians had the highest per capita percentage of token-related web traffic at 74.63% per 1 billion people, while South Koreans were a close second with 73.48% of token-related web traffic, while users from the United Kingdom were third with 62.15% per 1…

Richard Heart is making news this week over an allegation that wallets benefiting from the launch of HEX, Pulsechain, and/or PulseX are mixing over $500 million dollars worth of ether (ETH) through Tornado Cash. According to custom entity tags by a user of analytics platform Arkham Intelligence, some of the earliest alleged beneficiaries of HEX began mixing $37 million worth of ETH on October 19 before sending a further $102 million through it on October 26. Today, some of those wallets moved another $366 million. At current prices, those 147,478 ETH are worth over $500 million. Heart — real last…

Robinhood Markets (NASDAQ: HOOD) has added dozens of entertainment-focused prediction contracts to its platform, allowing users to bet on Grammy nominations, Oscar winners, and celebrity rankings alongside its existing sports and political offerings. The retail brokerage now offers contracts on categories including which artists will receive Grammy nominations, Golden Globe award outcomes, and whether specific musicians will release albums during the year. Users can also trade on predictions about Google search rankings, Spotify streaming leaders, and awards like TIME Person of the Year. The full list, emailed to FinanceMagnates.com by Robinhood, includes several dozen new contracts covering a range of…

Veritas Protocol, an AI-driven security platform for Web3, announced a strategic collaboration with UQUID, a Web3 e-commerce network that makes it easy for people to utilize cryptocurrencies for ordinary shopping activities. Veritas Protocol is an innovative AI-driven platform designed to enhance the security and auditing of smart contracts on diverse blockchain networks. This partnership enabled the integration of Veritas’ AI-driven on-chain security solution into UQUID’s Web3 e-commerce network. We’re proud to announce that we are now officially listed on the @uquidcard DApp Ecosystem 🛡As an AI Security Protocol, our mission is to protect the on-chain world through real-time threat detection…

Ethereum is trading at around $3,300 with a 24-hour trading volume of $34.26 billion. The price is down 3% in the last 24 hours and 14% weekly. Despite the recent pullback, analysts are closely watching a large technical setup that could indicate a potential long-term shift in trend. Pattern on Monthly Chart Signals Key Level Ahead Trader Tardigrade shared a chart showing an Inverse Head and Shoulders forming on Ethereum’s monthly timeframe. The pattern outlines a left shoulder in late 2024, a head in mid-2025, and a right shoulder currently forming. $ETH/monthlyA massive Inverse Head and Shoulders pattern is forming…

Argentines are increasingly turning to cryptocurrencies, particularly stablecoins, to safeguard their savings and profit amid renewed currency restrictions. According to Bloomberg, as President Javier Milei tightens foreign exchange controls ahead of Argentina’s midterm elections, traders are exploiting price differences between the official and parallel peso markets. They earn up to 4% per transaction through a crypto-based arbitrage strategy known as the “rulo.” Matthew Sigel, Head of Digital Assets Research at VanEck, highlighted the trend on X, noting that “Argentines pile into stablecoins to score quick arbitrage profit of up to 4% on each transaction.” Ruben López, a Buenos Aires-based stockbroker,…

Fourteen of Europe’s leading banks are pushing back against the European Central Bank’s plan for a digital euro. They argue the project could weaken private payment systems ahead of crucial parliamentary discussions in Brussels this week. Lawmakers are now calling for a scaling back of the initiative, arguing that it lacks clear benefits and risks duplicating market-led innovation. Meanwhile, the EU’s crypto regulation framework may unintentionally advantage US issuers. Bank Revolt Challenges Digital Euro Plan The European Central Bank’s ambition to launch a digital euro by 2029 is encountering growing resistance across the continent. Fourteen major lenders —including Deutsche Bank,…

The cryptocurrency market in Japan is growing rapidly as more people purchase digital coins and exchanges prepare for more lenient regulations. Japanese investors held a record ¥5 trillion ($33.16 billion) in crypto as of July. Exchanges are also offering new services, forming partnerships, and expanding trading nationwide to attract more people to invest. Exchanges are adding services and new features to attract more people Many people in Japan are seeking new ways to grow their money, as the cost of goods and services is rising faster than their wages, and both savings accounts and government bonds yield very low returns.…

The Ethereum staking landscape is experiencing unprecedented demand, with over 1.5 million ETH now queued for validator activation. This massive backlog represents billions of dollars worth of cryptocurrency waiting to secure the network and earn rewards. Meanwhile, the unstaking queue stands at an even larger 2.45 million ETH, creating an interesting dynamic for Ethereum investors and validators alike. What Does the Ethereum Staking Queue Mean for Investors? The growing Ethereum staking queue indicates strong confidence in the network’s long-term potential. When investors stake their ETH, they’re essentially locking up their assets to help validate transactions and secure the blockchain. However,…

The US Consumer Price Index (CPI) data, which was normally due to be released on October 15, could not be released due to the government shutdown. The delayed CPI data will be released today, October 24th, and the world is waiting for US inflation figures. These figures are expected to provide further clues regarding the Fed’s meeting next week. Meanwhile, the US government remains closed. Republicans and Democrats are still unable to reach a budget agreement, and the interim budget bill, on its 12th vote in the US Senate, fell short of the 60 votes needed for passage. The US…