Author: NBTC
Binance, the world’s largest cryptocurrency exchange, has rolled out two new mechanisms designed to boost community involvement in token management: Vote to List and Vote to Delist. These initiatives allow users to have a direct say in which tokens get listed or removed from the platform, hinting at a more decentralized decision-making. However, amid the excitement, fake news began circulating claiming that Binance plans to delist Ethereum (ETH) from its CEX. This rumor quickly sparked panic among traders, but Binance’s Changpeng Zhao (CZ) addressed it, dismissing the claims with a sharp response: “Whoever believes this deserves to be poor.” Whoever…
According to Surprise Metrics, Bitcoin’s Decline Was Known Days Ago, So When Will BTC Price Recover?
Cryptocurrency analytics firm Alphractal has detected a local top in Bitcoin price, citing multiple on-chain indicators that signaled weakness prior to the recent drop. In a new report titled “4 Metrics That Indicate Bitcoin’s Local Top,” Alphractal outlined key factors that suggest Bitcoin has reached a near-term top, with signals pointing to December 16, 2024, as a pivotal moment. According to the analytics firm, the metrics that predicted the Bitcoin price drop were: 2Y SMA Multiplier – Based on Bitcoin’s two-year moving average, this metric has historically tracked price cycles. According to Alphractal, Bitcoin has been showing weaker growth over…
The Federal Deposit Insurance Corporation has issued new guidance allowing FDIC-supervised institutions to engage in permissible crypto-related activities without prior agency approval. This marks a reversal from previous policies that were seen as restrictive toward banks working with crypto firms. The guidance, released in Financial Institution Letter (FIL-7-2025), rescinds a 2022 directive that required banks to notify the FDIC before engaging in digital asset activities. The FDIC stated that banks may now participate in crypto-related ventures as long as they effectively manage associated risks. You might also like: XRP reaching $11 could 5x $5000, but this token could grow it…
USDC, Circle’s once-battered stablecoin, has finally officially pulled off a full recovery from the disaster of FTX’s collapse. Its market cap is back at $56.2 billion, matching what it was before the crypto giant fell apart in November 2022, according to data from CoinMarketCap. At some point in early 2023, USDC actually tumbled all the way to $24.5 billion. Unlike its rival, Tether’s USDT, which hit recovery mode in April 2024, USDC took a long way back. Now crypto markets have been enjoying a boost since Donald Trump returned to the White House, with his pro-crypto executive order helping stablecoins…
The U.K.’s crypto industry has just over 12 months to prepare for an even stricter regulatory regime, a senior official with the country’s finance regulator said. Matthew Long, director of payments and digital assets at the U.K.’s Financial Conduct Authority (FCA), told CoinDesk in an interview that the “impending gateway regime” that is earmarked for 2026 will in fact be a new authorization regime for crypto companies. “We will have a gateway which will allow authorization. But obviously we’ve got to go through those consultations, create those rules and get the legislation for that to take place,” Long said. This…
Ethereum founder Vitalik Buterin outlined a new L2 roadmap meant to support their token’s scalability. He also believes the crypto community should prioritize open-source funding instead, as public goods funding is still subject to social desirability bias. Meanwhile, his Ethereum network will need to increase its data capacity to accommodate an L2 model release. The network, though, does have an upgrade in the works. Pectra, possibly launching by April 30, could raise blob space to up to 6 units. Moreover, by the end of the year, the network plans to have 72 units through the Fusaka upgrade as well or,…
Regulators worldwide are tightening their grip on crypto exchanges, and Thailand is no exception. The country’s Securities and Exchange Commission (SEC) has taken legal action against OKX, one of the biggest crypto exchanges, for allegedly operating without a license. The Thai SEC has filed a criminal complaint against Aux Cayes FinTech Co. Ltd., the operator of OKX, along with nine individuals linked to the platform. According to the regulator, OKX was offering crypto trading services in Thailand as far back as 2021—without the necessary approval. Why is OKX in Trouble? Authorities claim that OKX was actively promoting its services in…
Today’s U.S. jobs report indicated fewer positions added to the economy than expected, but bitcoin remained mostly flat on the news. Steady Bitcoin Price Reflects Cautious Market Reaction to U.S. Jobs Report Bitcoin (BTC) is trading at $97,783.95 at the time of reporting, rebounding slightly after dipping to $95,707.35 and peaking at $100,154.14 in the past 24 hours. The world’s dominant cryptocurrency has gained 0.48% in the last day but remains down 6.50% over the past week, reflecting ongoing market uncertainty. (BTC Price 1D chart / Tradingview) U.S. Jobs Data Adds to Market Uncertainty The latest U.S. jobs report from…
Shares of CoreWeave (CRWV) opened at $39 apiece during the company’s debut on Nasdaq on Friday afternoon, just under its initial public offering which closed Thursday evening. The cloud computing firm had sold roughly 37.5 million shares at $40 each, raising about $1.5 billion for its initial public offering (IPO), making it the largest tech offering since 2021. It had, however, initially planned to file the offering at $47 to $55 a share at a much higher valuation than it ultimately saw. Nvidia, an early investor in the company, placed a $250 million order in the offering. Some experts speculated…
The Layer 1 blockchain service MANTRA Chain welcomes Cosmostation VD to its network as an active validator specializing in Real-World Assets (RWAs). By forming this strategic partnership MANTRA establishes enhanced security combined with decentralized operations and improved participation through staking activities which provide better reliability for its $OM holders. 🕉️⛓️Excited to welcome @CosmostationVD to the MANTRA Chain active validator set.Their expertise will strengthen security, decentralization, staking participation, and ecosystem growth, while enhancing network performance and reliability for the #MANTRA ecosystem.Here’s to… https://t.co/sI3nUk89G8 pic.twitter.com/AHAIEnCtLg — MANTRA | Tokenizing RWAs (@MANTRA_Chain) February 7, 2025 A Step Towards Greater Decentralization As MANTRA Chain…