Author: NBTC
Betting odds on Polymarket for Donald Trump launching a cryptocurrency token before the November election surged to over 84% after he announced a launch date for the World Liberty Financial crypto project, but later reversed. The market, which has seen over $1.7 million in bets, will only resolve to “Yes” if Trump personally issues a verifiable token on a blockchain by November 4, 2024, despite plans for a governance token named “WLFI” in the project’s white paper. Betting odds on Republican candidate Donald Trump issuing a token before the November presidential elections jumped to over 84% on Polymarket early Friday,…
Among the news involving Binance, there is also the new collaboration with Amazon Web Services (AWS) with which generative AI solutions have been integrated. Specifically, Binance has introduced an improved KYC verification system and enhanced customer support with an AI-based chatbot. Binance news and the integration of generative AI solutions from Amazon Web Services (AWS) Binance news: the collaboration with Amazon AWS and the appointment of the Vice President of Product The vision of Coinbase Venture on the “Crypto x AI stack” Binance news and the integration of generative AI solutions from Amazon Web Services (AWS) During the Binance Blockchain…
Donald Trump won the 2024 presidential election by a landslide. Whereas polls indicated the race was a tossup, crypto hedge fund Lekker Capital went full-in on the Republican candidate. The fund’s founder, Quinn Thompson, told CoinDesk how he came about his non-consensus view. Former President and now President-elect Donald Trump’s landslide victory in the U.S. election shocked many, but not Quinn Thompson. The founder of crypto hedge fund Lekker Capital has been publicly bullish on Trump since at least mid-March and remained steadfast even as the market vacillated. He positioned his fund accordingly going into Tuesday’s election — he bought…
Dogecoin, which was formerly favored by social media influencers and regular investors, has been having difficulty sustaining a significant rebound, which has prompted a negative reaction in the communtiy. Notable people like Elon Musk have occasionally endorsed Dogecoin, but the cryptocurrency has not taken off as it once did. The community has become divided over this lack of momentum, and many have criticized the meme-based cryptocurrency’s recent price performance. Dogecoin has been steadily declining for a number of months, as can be seen from the chart. With the 200-day EMA serving as a major barrier, the price has found it…
South Korean cryptocurrency exchange Upbit has announced a temporary suspension of NEAR Protocol transactions today due to the upcoming NEAR Network upgrade plan. According to the official announcement by Upbit, deposit and withdrawal support will be temporarily suspended starting from 18:00 on November 5, 2024 (Monday) Korea time until the stability of the hard fork is fully confirmed. Upbit noted, “If you attempt to deposit NEAR after deposit/withdrawal have been suspended, the deposit amount may not be reflected in your Upbit account. The amount may not be restorable. Please refrain from depositing NEAR during the suspension.” However, Upbit has also…
Small-cap stocks and Bitcoin-related shares are rallying sharply following Donald Trump’s win in the US presidential election, with investors anticipating policies that could benefit smaller companies and boost the crypto market. The iShares Russell 2000 ETF (IWM), which tracks small-cap stocks, jumped 6% on Wednesday, marking one of its largest moves in recent years as investors speculated on a pro-business regulatory environment under the new administration. Small-cap stocks soar on Trump’s pro-business agenda The surge in small-cap stocks comes amid hopes for Trump’s tax and regulatory policies that are expected to favor small businesses. Chris Senyek, a strategist at Wolfe…
Terra Classic (LUNC) recently experienced a 7% price increase after announcing Proposal #12131. This suggestion, now open for voting, seeks to upgrade the Terra Classic network to version 3.1.5. The improvement includes essential security patches and aims to enhance efficiency. These changes have sparked optimism among investors and community members, driving up trade activity. $LUNC proposal #12131 is live for voting. This proposal, if passed, will upgrade the network to v3.1.5 which adds a security patch for wasmd and includes changes from v3.1.4 with a gas simulation patch.Looks good to me. Let’s pass it and upgrade #LUNC. 💎🤲🏻 #Crypto #Binance…
As the global cryptocurrency market experiences a resurgence with BTC revisiting the $73,000 mark, HTX, a leading cryptocurrency exchange, is rolling out a swath of innovative initiatives aimed at bolstering investor engagement and maximizing returns. HTX’s spokesperson, Liu Ye, recently took to X and shared several major upgrades for the HTX DAO’s governance token, $HTX, including the dual rewards for integrating $HTX Earn product and PrimePool, $HTX’s access to multiple PrimePool events, and a slight reduction in $HTX yield rate. The mix of these measures signals the exchange’s commitment to long-term growth and injects confidence into the $HTX appreciation. This…
Bitcoin price has pulled back over the past three days as the recent rally paused ahead of next week’s election. Bitcoin (BTC) retreated to $68,762, down 6.60% from its highest level this year. This decline has also triggered further sell-offs among altcoins, with the Mask Network (MASK), Immutable X (IMX), Doland Tremp, and Moo Deng being some of the worst performers. Bitcoin and these altcoins have declined partly due to the reduced odds of Donald Trump winning the general election next week. According to Polymarket, his odds have dropped to 63% from a high of 67% earlier this week. Trump’s…
Polygon’s native token POL surged 15% on Friday as crypto exchange giant Binance said it added the token to its platforms, marking the completion of the token’s upgrade and rebrand from the longstanding MATIC. POL jumped to nearly $0.45 from around $0.38 earlier today, hitting its highest price since late August. It has retraced some if its gains recently, but the token is still up 15% over the past 24 hours, outperforming the roughly flat bitcoin (BTC). It also was the best performing asset in the broad-market benchmark CoinDesk 20 Index during this period. Polygon introduced last week the upgraded…