Author: NBTC

An analysis has suggested that the recent Bitcoin pullback from $72,680 may indicate a further 16% decline, with a potential V-shaped recovery targeting $74,600. Bitcoin experienced a notable downturn after encountering strong resistance in its attempt to surpass its all-time high. Earlier today, the cryptocurrency fell below the $69,000 mark, following a rally that peaked on Tuesday when BTC surged to $73,600. This abrupt decline saw Bitcoin lose over $3,000 from its peak, though it has since regained some stability. Nevertheless, it remains significantly under the $71,000 threshold. Previous BTC/USD Patterns Amid this recovery, an analyst on TradingView provided detailed…

Worldcoin announced that the Wormhole interoperability platform has expanded its World ID feature to the Solana blockchain, according to a Sept. 13 statement. The expansion is the result of a Worldcoin Foundation grant, which supported the integration of World ID with Solana. However, the feature is not yet active as its smart contracts are still undergoing a security audit, which is expected to be finished in the coming weeks. WLD climbed 10% to $1.61 following the news before retreating to around $1.51 as of press time, based on CryptoSlate’s data. World ID on Solana World ID is key to Worldcoin’s…

Gene Zawroty, former Linqto Chief Revenue Officer, sues the Delaware investment company alongside two of its executives for multiple claims, includign fraud and market manipulation. Zawroty filed the lawsuit in California’s Santa Clara County on October 7, 2024. Although the lawsuit was filed a few weeks ago, the development only recently reached public knowledge. Notably, prominent XRP community figure Eri called the public’s attention to the case yesterday via an X post. Lawsuit against Linqto, Bill Sarris & Joe Endoso details emerging. 👉Insider Trading/Front Running. 👉Use of unlicensed brokers.👉Linqto advertised 750k users, when the real number was 10k & 30%…

Bitget, a leading crypto exchange, opened a transparent new listing application portal for project teams. This comes shortly after several other crypto exchanges face allegations of charging huge fees for token listing. Bitget will not charge project teams to receive a listing, but the exchange demands high standards for all listed tokens. Bitget’s Token Listing Crypto exchange Bitget opened a new application portal for token listings, according to a press release shared with BeInCrypto. Bitget promised that the portal would include enhanced due diligence and a rigid review process for token listings and generally aim to provide project teams with…

Hut 8 Corp., a Cryptocurrency Mining company and major energy operator in North America, announced the purchase of 31,145 BITMAIN Antminer S21+ units as part of its initial ASIC fleet upgrade. The company has agreed to a price of $15.00 per terahash for these miners, which are scheduled for delivery in early Q1 2025. Asher Genoot, CEO of Hut 8, Source: LinkedIn Hut 8 plans to use these new miners to improve the efficiency of its 111 MW self-mining capacity at existing sites. Once operational, the upgrade will increase Hut 8’s self-mining rate by about 3.7 exahashes per second (EH/s),…

Strive Enterprises, Inc. has launched a wealth management business in Dallas, Texas, with plans to integrate Bitcoin into mainstream investment portfolios. This move is part of Strive’s broader strategy to offer clients a hedge against economic risks like high debt levels, inflation, and potential global instability, according to a company press release. Strive stated that it “intends to be the leading financial firm thoughtfully integrating Bitcoin into client portfolios” and is incorporating Bitcoin (BTC) into its investment strategy to “hedge against risks Strive expects to persist over the next several decades.” You might also like: Tether breaks total assets record…

Today’s cryptocurrency market has been notably active, with several digital assets experiencing significant gains. Leading the day is Walken ($WLKN), which has surged by an impressive +30.7%, according to Phoenix, a crypto media outlet. Such a significant rise underlines the effectiveness of the asset and its rising popularity among investors. A rise in such a magnitude establishes a trend in today’s market performance and highlights the optimism on $WLKN. $WLKN is available on the HTX crypto exchange. DAILY GAINERS$WLKN +30.7% $LIKE +27.0% #BIGTIME +23.3% $REEF +21.7% $DRIFT +20.8% $ETN +19.7% $STPT +17.5% $CKB +13.6% $TWT +9.6% $TRU +9.3%#dailygainers pic.twitter.com/TF4hVqUSbr —…

Pakistan moves to legalize crypto as the government proposes amendments to the SBP Act, signaling a shift in its financial policy. According to a report by The Express Tribune, the amendments would allow the SBP to issue digital currency and manage the country’s money in both physical and digital forms. The amendments also include the proposal to grant the SBP power to conduct “central bank digital currency” business, adding that CBDCs could operate as a legal tender. Moreover, the SBP plans to establish a subsidiary to develop and operate digital payment systems, the report reads. You might also like: Pakistan…

Leading crypto exchange, Binance announced it will list Cow Protocol (COW) and Cetus Protocol (CETUS) and open trading for their spot trading pairs on November 6, 2024, at 12:00 (UTC). As per the announcement, the new trading pairs available will be COW/USDT and CETUS/USDT. Note that users can deposit COW and CETUS starting two hours prior to the launch of trading, however, withdrawals for these tokens will be available from November 7, 2024, at 12:00 (UTC). Notably, Binance is not charging any listing fee for these additions. Smart Contract Details: COW Protocol (Ethereum): 0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB CETUS Protocol (Sui): 0x6864a6f921804860930db6ddbe2e16acdf8504495ea7481637a1c8b9a8fe54b::cetus::CETUS Both the…

A couple of summers ago, I used to order lunch via Grubhub while working long days in the office. When ordering, I always made sure I was logged into Lolli, a bitcoin rewards platform with a browser extension, so that I earned sats back on my purchases. I eventually stopped eating out so much and began cooking food at home, and over time, I mostly forgot about how I used to stack sats on everyday purchases with Lolli. However, I recently checked my wallet and found 312,770 sats that had risen in value to be worth $220 at the time…