Author: NBTC

Zettai Pte Ltd, a Singapore-based company that operates WazirX, has filed an application with the Singapore High Court for approval on a Scheme of Arrangement for WazirX. This announcement was made by WazirX’s founder and CEO Nischal Shetty on X. This marks as a crucial step towards rebuilding trust and stabilizing the cryptocurrency platform. The current scheme aims to ensure quick and fair recover of the loss experienced by the users which was around $230 million. The scheme of arrangement has been filed. This is likely one of the fastest filings ever for such a massive and complex matter. I’m…

CryptoQuant, a prominent blockchain analytics platform known for its institutional-grade cryptocurrency market analysis, has suggested Ethereum (ETH) could surpass the $5,000 mark based on its proprietary price band analysis. The South Korea-based firm, which provides> $ETH could break above $5k as demand and supply dynamics strengthen.The realized price upper band, currently at $5.2k, matches the level seen during the 2021 bull run peak, signaling strong potential for further growth. pic.twitter.com/AOwgAbltS8 — CryptoQuant.com (@cryptoquant_com) December 13, 2024 The price action in Ethereum tells a compelling story of volatility and resilience throughout 2024. The year-to-date chart shows ETH has navigated several significant…

MoonPay announced on October 16 on Social Media X that its customers can now “buy, manage, and store” XRP cryptocurrency directly in their MoonPay accounts. XRP joins other popular crypto assets that MoonPay users can buy and sell directly from the app, including Bitcoin, Ethereum, and the stablecoin Tether. The app also allows customers to exchange certain cryptocurrencies, including across chains. Users can buy cryptocurrency using credit cards, as well as Apple Pay and Google Pay. The platform has partnered with PayPal to allow cryptocurrency purchases in supported jurisdictions. The partnership comes a day after Ripple named MoonPay as one…

Toronto, Canada — INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX), a regulated marketplace for security tokens and tokenized Real-World Assets (RWAs), has unveiled Buy Assets — a streamlined trading experience designed to make investing in RWAs more accessible to retail investors.—The new Buy Assets feature on INX.One reimagines the trading process, prioritizing simplicity and speed. Instead of navigating complex charts and interfaces, users can now execute trades in a few guided steps. The process features:Seamless Wallet Integration: Users can link personal wallets with minimal effort, enhancing accessibility.Instant Market Access: Investors can view and accept the best…

People have been unhappy with Bitcoin’s current trajectory for a while now, but the recent exchanges have really brought the conversation to a new level. What’s the main issue here? The question on everyone’s mind is whether Bitcoin (BTC) has strayed from its original purpose, as outlined in Satoshi Nakamoto’s white paper: a stateless, decentralized payment system capable of delivering cheap, scalable transactions. The enthusiasts, who are critical of Bitcoin, are pretty straightforward about it. They say that BTC has changed into a kind of investment that is being held by institutions, which is very different from what it was…

Crypto finance service provider Bitcoin Suisse says the crypto bull market will continue in 2025, and projects that Ethereum staking exchange-traded funds could outperform Bitcoin. Bitcoin Suisse shared the forecast in its outlook for the next year, with key points including the U.S. adopting a Bitcoin (BTC) strategic reserve as other countries follow and BTC trading to an all-time high above $180’000. The Swiss-regulated crypto startup also foresees financial giants stepping up to unveil institutional rollups on Ethereum (ETH). However, one of its biggest projections for 2025 is that Ethereum-staking ETFs could surpass Bitcoin ETFs. “While Bitcoin ETFs shattered records…

As was the case with many savvy cryptocurrency investors during the 2024 bull market, one trader made a small fortune with meme coins within just a few days. Specifically, one investor spent 603 Solana (SOL) – worth approximately $86,000 – on October 11 to purchase 10,7 million $GOAT. On October 17, the same trader offloaded some 700,000 $GOAT making about $222,000. Interestingly, the cryptocurrency investor missed an opportunity to sell the Solana-based meme coin at its peak. Indeed, at one point, the 10.7 million $GOAT was worth as much as $3.75 million. Additionally, the trader runs the risk of many…

Binance has announced a strategic partnership with Circle, aimed at enhancing the availability of USD Coin (USDC) across its platform. This collaboration, unveiled during Abu Dhabi Finance Week, signifies a crucial step towards enriching the financial services ecosystem and facilitating digital asset adoption globally. “Stablecoin adoption and utility are at the core of this partnership,” stated Jeremy Allaire, CEO of Circle, emphasizing the potential impact on global finance. Binance partners with Circle to enhance USDC accessibility, signifying a pivotal shift in global digital asset adoption and financial service innovation. Enhancing USDC Availability on Binance In an effort to offer more…

Microsoft (MSFT) doesn’t appear to be adding its name anytime soon to the list of corporate entities holding bitcoin (BTC) after its shareholders voted against a proposal that would have directed the board of directors to study such a move. Titled “Assessment of Investing in Bitcoin,” the proposal was put forward by the National Center for Public Policy Research. The think tank group suggested that Microsoft should consider diversifying 1% of its total assets into bitcoin as a potential hedge against inflation. According to the latest data by Bloomberg, Microsoft holds $78.4 billion of cash and marketable securities on its…

A strategic move coincides with a recent decline in Ethereum’s price. A prominent crypto whale has withdrawn 5,160 $ETH, valued at approximately $20 million, from Binance within the past seven hours. This significant acquisition occurred at the average rate of $3,888 per $ETH. It indicates a calculated effort to capitalize on the market downturn. Lookonchain, an onchain crypto analytics platform, has witnessed the accumulation via its official X account. Whales are accumulating $ETH after the $ETH price drops!A whale created a new wallet and withdrew 5,160 $ETH($20M) at $3,888 from #Binance in the past 7 hours.https://t.co/7YZKb9XVLL pic.twitter.com/7JUX8Qb67e — Lookonchain (@lookonchain)…