Author: NBTC

Indonesia, one of the most adaptive countries for crypto in the world, has reached a new milestone with transactions of over 475 trillion Indonesian rupiah, or $30 billion. The country’s crypto regulator, Commodity Futures Trading Supervisory Agency (Bappebti), cryptocurrency market in Indonesia has grown significantly, with transactions of up to $30 billion until October 2024. In comparison, the transactions in the same period last year were only $6.5 billion, or an increase of 352%. According to a report by local media report Investor ID on Nov. 28, this amount of transactions exceeds the last two years in 2022 and 2023,…

Japan’s banks are preparing to adopt XRP for seamless transactions. Ripple plans significant upgrades to attract more institutional investors. The launch of MoneyTap signals a strong move toward blockchain technology in banking. XRP is gaining importance in Japan’s financial system. A top bank’s CEO, Yoshitaka Kitao of SBI, recently claimed that every bank may use XRP by 2025. This statement shows growing acceptance of XRP as a potential mainstream currency. Ripple’s Strategic Enhancements Ripple aims to improve the XRP Ledger. These upgrades will help increase liquidity and attract institutional investors. Such changes could bring substantial funds into the XRP network,…

MetaHub Global is proud to announce its strategic partnership with OpenGate Lab. This collaboration marks a significant step forward in their shared mission to propel Web3 innovation. MetaHub is a Web3 ecosystem empowering digital identity solutions. The other ally, OpenGate Hub is a renowned real-world asset (RWA) incubator and decentralized identity innovator. Bit FinTech aim to revolutionize digital identity solutions and enhance opportunities within the MetaHub ecosystem. 🚀 PARTNERSHIP ANNOUNCEMENT 🚀 MetaHub x OpenGate Lab 🤝 We are thrilled to announce our latest collaboration with @OpenGateLab🎉 🌐 OpenGateLab is the #RWA Project incubation platform + Initiator of #Filecoin domains project…

Michael Van de Poppe, a prominent cryptocurrency analyst has reaffirmed their bullish outlook on Bitcoin (BTC), stating that the leading digital currency is poised for a slight correction before rallying towards a new all-time high. This forecast comes amid volatile market conditions and ongoing liquidity movements observed in the crypto space. In a recent tweet, the analyst shared their view on Bitcoin’s price action, maintaining that the cryptocurrency will experience one final dip before the next upward momentum. To me, #Bitcoin still remains to have the same theory.I think we’ll correct slightly, the final correction, and then, from next week…

A widely followed crypto analyst is leaning bearish on Ethereum (ETH) despite the digital asset recently showing strength. In a new strategy session, pseudonymous crypto trader Credible Crypto tells his 441,400 followers on the social media platform X that Ethereum is rapidly approaching a trouble area when paired against Bitcoin (BTC). Based on the analyst’s chart, it appears that he is suggesting that the Ethereum/Bitcoin pair (ETH/BTC) could fall by roughly up to 20% from its current level. Source: Credible Crypto/X Ethereum is trading at 0.0369300 BTC ($3,568) at time of writing. On the Ethereum/US dollar pair, the widely followed…

Coinbase CEO Brian Armstrong and technology billionaire Elon Musk have accused prominent political figures, including Senator Elizabeth Warren and SEC Chair Gary Gensler, of orchestrating a “mass debanking” campaign targeting the technology and cryptocurrency sectors during the Biden administration. Their remarks follow revelations about secretive actions that allegedly resulted in the closure of bank accounts for dozens of tech entrepreneurs without notice or recourse. Crypto Leaders Strong Rebuke of the Biden Administration In a post on X (formerly Twitter), Armstrong labeled the debanking incidents as “unethical and un-American.” He pointed fingers at Warren and Gensler, accusing them of attempting to…

While the crypto market experienced a subtle uptick of 0.06% over the past 24 hours, the artificial intelligence (AI)-driven meme coin goatseus maximus (GOAT) took a bolder path, climbing by double digits within the same period. How Did an AI-Created Meme Coin Capture a $700M Market Cap in Weeks? One thing is clear: while both bitcoin and ethereum have enjoyed decent percentage gains in 2024, those gains are modest next to the wild growth seen in the meme coin and AI-driven token sectors this year. In short, if a meme coin with a touch of playful absurdity hit the market,…

The Aptos blockchain has taken a significant leap forward in security and asset management with the launch of Rimosafe, a state-of-the-art multisig platform built natively for the Aptos ecosystem. Designed to combine the intuitive functionality of traditional fintech with the technical precision of blockchain technology, Rimosafe aims to redefine on-chain security and usability for the Aptos community. Multisig on Aptos >> Wishing a warm welcome to @rimosafe—which brings a critical layer of security to the Aptos ecosystem 😎 https://t.co/hNfAkSp0W3 — Aptos (@Aptos) November 28, 2024 Multisignature (multisig) wallets are essential for securing valuable on-chain assets, and Rimosafe introduces a sophisticated…

The crypto market will witness $1.62 billion in Bitcoin and Ethereum options contracts expire today. This volume of options expiring could cause short-term price volatility, potentially affecting traders’ profitability. Specifically, the Bitcoin (BTC) options due for expiry are valued at $1.25 billion, while those of Ethereum (ETH) are worth $367 million. Bitcoin and Ethereum Holders Brace For Volatility According to data on Deribit, 18,583 Bitcoin options will expire today, slightly higher than the 18,271 contracts that went bust last week. The options contracts due for expiry today have a put-to-call ratio of 0.86 and a maximum pain point of $64,000.…

Pump.fun has recorded its highest monthly revenue in history. The meme coin launchpad made a revenue of $82.78 million in November, soaring 207% from the month prior. According to data from DeFi Llama, pump.fun’s November revenue skyrocketed to $82.78 million, the highest it has ever been since its launch in March 2024. The number is bound to increase as the month is not over, but it has already contributed to more than 35% of its total earnings. The launchpad saw a 207% increase from its October monthly revenue which amounted to only $30.5 million, indicating a massive uptick of user…