Author: NBTC

Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have to enter the market, supporting the activity of these extractive companies needed for many industrial purposes. Silver Prices Poised to Rise if Institutions Enter the Market With the recent upside in gold prices, silver is another precious metal in the sights of retail investors. Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, talked about the current state of the silver market and how its…

A cryptocurrency trader who lost over $2 million buying Shiba Inu (SHIB) at the top and selling at the bottom in the last market cycle has bought $1 million worth of PEPE. Lookonchain reported this trader’s recent purchase and the historical context in an X post on May 29. As reported, the address ‘0xD21…07010‘ withdrew 67 billion PEPE, worth $1.02 million, from the crypto exchange OKX. The purchase occurred on May 29 at 08:21 am UTC, followed by smaller purchases of five other tokens. In particular, Fetch (FET), SingularityNET (AGIX), Arbitrum (ARB), The Graph Token (GRT), and Bone ShibaSwap (BONE),…

OKX announced today that OKX Wallet supports Telegram’s TON OKX’s CMO Haider Rafique said TON had been a break-out hit with a strong community behind it. OKX added support for the Toncoin (TON) network associated with the Telegram messaging app to OKX Wallet, marking the 100th protocol as it builds on its “on-chain, any chain” philosophy. The wallet, a standalone Web3 product that operates separately from the centralized exchange (CEX), integrates into OKX’s decentralized exchange (DEX). While OKX tries to provide access to a wide variety of tokens and protocols for its wallet, it also wants to provide a curated…

Germany’s BTC sales and Mt. Gox reimbursements weigh over BTC. Major economies’ expansionary phase, slowing inflation, and peak tech optimism on Wall Street suggest a positive outlook. It may seem like turbulent times in the crypto market amid Germany’s bitcoin (BTC) sales and fears about mass liquidations by defunct exchange Mt. Gox’s creditors. However, looking past these supply overhangs reveals a promising outlook, buoyed by supportive macroeconomic factors and sustained risk-taking in traditional markets. BTC, the leading cryptocurrency by market value, has dropped over 17% to $57,200 in four weeks, causing a rout in meme coins, digital assets supposedly tied…

Inflows into Ethereum (ETH) digital investment products have now reached the highest value since March. This new record suggests that ETH’s price may continue recovering as it has within the past week. ETH’s price as of this writing is $3,338, representing a 4.12% increase in the last 24 hours. But will the altcoin price continue to move northward? More Money for Ethereum Is More Profits for Holders According to CoinShares, the crypto weekly inflows totaled $1.44 billion. This value makes it the fifth largest the product has seen since its inception. As expected, Bitcoin (BTC) had the lion’s share. However,…

Several prominent figures with ties to the crypto industry have emerged as backers of a new pro-Trump super political-action committee, dubbed America PAC. Founders of crypto exchange Gemini, Tyler, and Cameron Winklevoss have donated $250,000 to the PAC each, Federal Election Commission records on Monday show. The pair made a separate $2 million Bitcoin donation to former president Donald Trump’s campaign last month. It comes as the crypto community kicked off a fresh wave of political support and grandstanding for former President Donald Trump for his White House bid following an assassination attempt in Pennsylvania on Saturday. Elon Musk is…

Lookonchain data shows an investor accumulated PepeCoin worth over $1.02 million, 67 billion coins, from OKX exchange on Wednesday. Someone withdrew 67B $PEPE($1.02M) from #OKX 30 mins ago.It is worth noting that this guy lost $2.55M($-85.5%) in $SHIB before.He bought 40.9B $SHIB($2.98M) at high price points during the bull market, and when the bear market came, he sold all of it at a loss.Can he make… pic.twitter.com/qo0dRbSVXF — Lookonchain (@lookonchain) May 29, 2024 Notably, the top player has switched from Shiba Inu to PEPE, highlighting a potential dynamics shift in the memecoin sector. The transaction comes as PepeCoin displays weakness,…

Leading cryptocurrency exchange OKX has announced the delisting of several spot trading pairs to maintain a robust trading environment. The decision followed a regular performance review and feedback from users, in line with the OKX Token Delisting/Concealment Guidelines. Among the affected pairs are CEL/USDT, CEL/USDC, OMG/USDT, and others, set for delisting on July 23, 2024, between 11:00 and 11:30 AM. OKX announces the delisting of multiple spot trading pairs, urging users to manage their orders before the delisting date. OKX to Delist Multiple Spot Trading Pairs OKX, a prominent cryptocurrency exchange, has revealed plans to delist various spot trading pairs…

A widely followed crypto strategist believes that Bitcoin’s (BTC) consolidation in the past few months looks similar to a price pattern that foreshadowed last year’s parabolic surge. In a new strategy session, analyst Jason Pizzino tells his 330,00 YouTube subscribers that Bitcoin’s consolidation since March is reminiscent of its price action last year when BTC witnessed mostly sideways price action for six months before igniting a 3X ascent. “This is looking pretty similar to the previous move in 2023. You’ve got about six months in this range before it absolutely pumped out of that zone.” Source: Jason Pizzino/YouTube Pizzino also…

In an effort to improve user experience and streamline onboarding, Web3 wallet XDEFI has announced a rebranding to become Ctrl, a new non-custodial wallet. Millions of users will find it simpler to access web3 and start their on-chain journey with Ctrl. With this launch, XDEFI will introduce its next-generation Ctrl wallet and rebrand itself as Ctrl, which is pronounced Control. Over 90% of cryptocurrency users are not on-chain as of right now. With the goal of revolutionizing the user experience provided by non-custodial wallets, Ctrl gives cryptocurrency holders the ability to explore DeFi and web3 opportunities. XDEFI CEO Emile Dubié…