Author: NBTC

Canada’s equities regulator has excluded crypto funds from reduced margin eligibility. They did this because of risks like volatility, liquidity risks, and regulatory concerns, which make leveraged trading more expensive. The announcement was made on February 5. CIRO gave a new List of Securities Eligible for Reduced Margin (LSERM). This quarterly list shows which stocks can have lower margin rates. The reason why it is important to have a low margin is because financial institutions that qualify for lower margin rates enjoy better use of their cash and reduced trading costs. In the announcement, CIRO said, “Until further notice, cryptocurrency…

A wallet suspected to belong to well-known trader Ansem has made another substantial investment in $DIGIMON, according to a tweet by on-chain analytics platform Lookonchain. The wallet recently acquired 2.04 million $DIGIMON tokens, valued at $50,000, further increasing its exposure to the token. The trend of investment in memecoins is still higher than any other narrative. A wallet that was suspected by the community to belong to Ansem(@blknoiz06) bought 2.04M $DIGIMON($50K) again 15 minutes ago.Ansem had previously made ~$29K on $DIGIMON. #DIGIMONhttps://t.co/5oPZOanVCR pic.twitter.com/4ceGysxZxL — Lookonchain (@lookonchain) January 12, 2025 Ansem’s Strategic Move Reinforces Confidence in $DIGIMON This is not the…

Corn, a Bitcoin-specific Ethereum Layer 2 network operating on Arbitrum integrates the Chainlink Cross-Chain Interoperability Protocol (CCIP) for secure $BTC asset transfers between chains. The network infrastructure enhances security and operational capabilities to benefit Bitcoin ($BTC) holders who want to participate in decentralized finance (DeFi). Chainlink CCIP is now officially live on @use_corn mainnet to enable secure cross-chain token transfers for BTC assets on its Bitcoin-centric Ethereum L2.Here’s how the Chainlink standard for secure cross-chain interoperability unlocks a secure BTCFi ecosystem ↓… pic.twitter.com/qfKh2klVa4 — Chainlink (@chainlink) February 6, 2025 Through decentralized oracle networks (DON) from Chainlink, users receive protection against…

Renowned crypto commentator Aaron Arnold, host of Altcoin Daily, recently sparked a conversation about the potential for a fraction of Bitcoin to transform an individual into a multi-millionaire. Specifically, Arnold boldly stated in a tweet today that holding 0.001 BTC could make an investor a multi-millionaire in the years to come. He cited a chart from trillion-dollar asset manager Fidelity, which highlighted Bitcoin’s projected path over the next two decades. The chart depicted a future where Bitcoin’s floor price would gradually rise to around the billion-dollar mark by 2037. Foundations of the Bold Bitcoin Prediction Notably, Bitcoin’s price journey has…

Cryptocurrency analysis firm MakroVision has released its latest assessment of Ethereum (ETH), revealing key price levels that could determine the asset’s next move. According to MakroVision, Ethereum faced a strong rejection at the red trendline during an impulsive wave (c), which led to a sharp drop below $2,880. However, like the broader crypto market, ETH also staged a rapid recovery following the sell-off, hinting at potential bullish momentum. The analytics firm has identified the key levels for the Ethereum price as follows: $2,810-2,880 – A critical area that Ethereum needs to regain to continue its upward momentum. Holding above this…

Feb 6 (Reuters) – Brazil’s central bank chief Gabriel Galipolo said on Thursday that crypto asset usage in the country has surged over the past two to three years, with around 90% of the flow linked to stablecoins. Stablecoins are pegged to real-world assets, such as the U.S. dollar, and therefore fluctuate much less than other crypto assets like bitcoin. Speaking at a Bank for International Settlements event in Mexico City, Galipolo said policymakers see this trend as primarily driven by the use of cryptocurrencies as a means of payment, posing challenges for oversight and regulation. “Most of that is…

The crypto market is undergoing a major pivot that has proven attractive to some PEPE whales. Despite a growing sell-off that has seen up to $287 million in combined crypto liquidations, PEPE whales are buying the dip. According to data from Spot on Chain, at least two PEPE whales have made huge purchases in the past 24 hours. PEPE whale buy-ups Per the Spot on Chain data, a new PEPE whale, with the address identifier “0x8f5,” withdrew 280 billion tokens from Binance earlier today. This massive PEPE, worth approximately $5 million, marks one of the latest purchases made by this…

In anticipation of upcoming legislation, food and beverage (F&B) operators in Singapore have been encouraged to integrate blockchain technology into their operations to enhance compliance standards. The call came as lawmakers in the city-state focused their efforts on enhancing traceability standards within the local ecosystem to ensure consumer protection in line with the new Food Safety and Security bill. Members of Parliament (MPs) advanced the bill past the second reading as it moves toward its final stages. The bill seeks to eliminate unsafe and expired food products from the supply chain before the final consumer can access them. A community…

Binance Netflow SMA14 has become negative for the first time since December 25, 2024, and is a significant sign in the Bitcoin market. According to Burakkesmeci, an experienced cryptocurrency analyst who has been observing this trend, it is very important. Binance Netflow SMA14 Turns Negative“Both metrics confirm that investor behavior on Binance is leaning toward accumulation. This trend strongly supports the case for upward movement in Bitcoin’s price over the short term.” – By @burak_kesmeci Link 👇https://t.co/jSkRZ2TjLk pic.twitter.com/Rau37VjBQN — CryptoQuant.com (@cryptoquant_com) January 7, 2025 In the last 90 days, Netflow SMA14 has shown positive values when short-term selling stress occurred,…

Ethereum (ETH) price is struggling to reclaim the $3,000 level as bearish momentum continues to weigh on its recovery. The RSI remains neutral, failing to break above 50 since February 1, indicating that buying pressure has yet to strengthen significantly. Meanwhile, the Directional Movement Index (DMI) shows that ETH is still in a downtrend, though selling pressure has started to ease slightly. With short-term EMAs still below long-term ones, ETH remains at risk of further declines unless momentum shifts in favor of the bulls. ETH RSI Failed to Break Above 50 Since February 1 Ethereum’s Relative Strength Index (RSI) is…