Author: NBTC
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…
Binance is prioritizing Thailand as a key market in its mission to reach one billion users, with crypto-friendly regulations seen as a driving factor. Cryptocurrency exchange Binance is betting big on Thailand as it aims to bring crypto mainstream worldwide, spotlighting the country’s regulatory openness, The Bangkok Post reports, citing Binance chief marketing officer Rachel Conlan. Per Conlan, Thailand ranks among Binance’s top 20 markets worldwide, with local crypto penetration estimated at 12%, double the global average of 6%. She also praised Thailand for taking a “pioneering approach to crypto” and working to establish regulations and a framework “in the…
The orange Bitcoin logo, easily identifiable by millions around the world, is celebrating its 14th anniversary. On this day in 2010, a pseudonymous designer shared the now-iconic Bitcoin logo, a visual representation that would come to embody the entire Bitcoin movement. Bitcoin historian Pete Rizzo highlighted this milestone in a tweet, writing, “Happy birthday to the iconic Bitcoin logo. 14 years ago today, an anon artist created one of the best brands of all time and released it for free. The rest is history.” Rizzo’s reflection highlights how the logo was gifted to the world, setting in motion a powerful…
Input Output, the technology company behind the Cardano blockchain, has shared its latest weekly development report, highlighting significant progress in various areas of the ecosystem. The report, revealed today, spotlights scaling initiatives, governance updates, ongoing efforts in Project Catalyst, and educational programs. According to the report, 1,373 projects are currently building on Cardano’s network. Also, the ecosystem boasts about 1.33 million delegated wallets. In addition, Cardano now supports 10.36 million native tokens, with 165,546 token policies ensuring governance and control over assets. The number of Plutus scripts deployed has reached 84,783, marking increasing adoption of smart contracts within the ecosystem.…
WazirX, the Indian crypto exchange platform, had been hacked in July 2024, which resulted in a loss of $230 million in customer funds. Ever since, the exchange platform has been making efforts to restructure and has been looking for investors. The exchange platform has recently announced its fourth Townhall, set to take place on November 6, 2024, at 5:30 IST. 📢 Fourth Townhall Announcement In this Townhall, we will introduce the new Rebalancing Calculator and discuss other value drivers that are being explored as part of the restructuring efforts. 🗓️: 6th November 2024 at 5:30 PM IST🕠: Set a reminder…
Kontrol Technologies, a Canadian public company that provides various solutions linked to smart buildings and smart cities, has announced the addition of Bitcoin to its balance sheet in a Friday press release. The company has purchased $1 million worth of Bitcoin, and it plans to continue buying the cryptocurrency in the future with its cash flows and treasury assets, adopting a MicroStrategy-like strategy. The shares of Kontrol Technologies Corp Instrument Symbol (KNR-NE) are up 4.88% on the announcement. Kontrol CEO Paul Ghezzi took note of the cryptocurrency’s growing institutional adoption in his statement, arguing that it is the right time…