Author: NBTC
Mastercard brings its Crypto Credential solution to the EEMEA region, starting with the UAE and Kazakhstan. Payments processor Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, marking its first move into the EEMEA region. The new service makes crypto transfers easier by letting users send and receive tokens using simple aliases instead of complicated blockchain addresses, the company said in a press release on Jan. 9. The expansion will help exchanges like ATAIX Eurasia, Intebix, and CoinMENA, along with Fuze, a digital asset provider, streamline blockchain transactions, the company says. You might also like: Kazakhstan…
Bitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders. BTC/USD 1-hour chart via Bitstamp on Nov. 24, 2024. The hourly chart reveals a short-term bearish trend for bitcoin, with price action oscillating between $96,556 and $97,118. Increasing selling volume and consecutive red candles indicate a dominant bearish sentiment. A small green candle hinted at a reversal, but the lack of follow-through confirmed the…
Meme coins on the Ripple network are gaining significant traction, sparking interest and speculation. Projects like RIPPLES, the first mobile game built on the XRPL, are leading the way. Top Ripple-based meme coins like $ARMY, $SCRAP, and $589 are attracting investor attention and building strong communities. This meme coin surge coincides with increased liquidity in XRP perpetual futures (perps), particularly between long and short positions. With active speculation around XRP’s price, experts suggest a “launchpad” effect that could lead to rapid price action. HOLY SHIT!! THERE’S SO MUCH LIQUIDITY BUILDING UP ON XRP PERPS AT $1.00 THERE’S $38 BILLION DOLLARS…
The CEO of world’s largest exchange Binance, Richard Teng, recently revealed a rather ambitious mission of his own. The essence of Teng’s mission is to onboard one billion users to the black and yellow exchange. In the CEO’s vision, the journey to onboarding one billion users is not just a dream, it is a mission. The mission, however, is not just to reach a 10-digit number, but as Teng evaluates, to make every step Binance takes today bring the industry closer to making crypto mainstream. This is not a task for the exchange alone, as the CEO sees the completion…
Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following the announcement, the WBTC supply has contracted. Wrapped Bitcoin’s Supply Drops by 5,844 Coins in 8 Days On Nov. 16, the WBTC supply on Ethereum was recorded at 146,734 coins. Fast forward to today, Nov. 24, and that figure has dropped to 140,890 WBTC—a reduction of 5,844 coins. Adding to the intrigue, btcparser.com’s Ethereum Transaction Monitor flagged a 5,182.34 WBTC burn transaction. Meanwhile, Ashley, known as @mrsthreshold on X, highlighted the burn in a post. She stated: Huge…
Enron Corporation has announced its relaunch to tackle global energy challenges by leveraging technology and adaptability for sustainable solutions, according to DB News. The company teased the launch of a “token or coin” in the future but confirmed that nothing had been launched “yet”. The company plans to invest in renewable energy infrastructure, advanced energy storage, and innovative power distribution systems to enhance energy sustainability, accessibility, and affordability. According to Enron’s press release, the company is committed to continuous innovation and addressing evolving demands like renewable energy integration and climate resilience. The leadership emphasizes ethical business practices, transparency, and sustainability,…
Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation. British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to European Union clients as the E.U. implements the Markets in Crypto Assets — also known as MiCA — regulation. In a Jan. 9 press release, the bank said that the Luxembourg office will be part of the bank’s global push into the crypto space, following the launch of similar services in the UAE. Laurent Marochini will lead the Luxembourg entity…
Spot Bitcoin exchange-traded funds (ETFs) in the US are nearing a major milestone. They are set to become the biggest BTC holders in the world, even surpassing the amount held by Bitcoin’s creator, Satoshi Nakamoto. Additionally, they are catching up to gold ETFs in total net assets. Bitcoin ETFs on The Verge of Surpassing Satoshi Nakamoto’s BTC Stash Since their launch in January, US spot Bitcoin ETFs have grown significantly. According to crypto analyst HODL15Capital, these funds now hold about 1.081 million Bitcoin, just below Nakamoto’s estimated 1.1 million. Satoshi Nakamoto, the anonymous creator of Bitcoin, is believed to own…
OKX, a leading cryptocurrency exchange, has announced the listing of Jambo (J) on its platform. The trading schedule and related details are as follows: OKX Announces Listing of Jambo (J) for Spot Trading Process Program Spot Trading for J/USDT: January 22, 2025, 19:00 Withdrawal Opening for J/USDT January 23, 2025, 18:00 Spot Trading Risk Management OKX will implement the following measures in the first 5 minutes of trading to protect users from potential fluctuations in the first moments of trading: Market orders will not be allowed. Limit orders will be capped at a maximum value of $10,000. These restrictions will…
Cryptoquant CEO Ki Young Ju believes the current Bitcoin price surge will continue up to $141,000. Ju said it is too early to call Bitcoin’s recent rally a bubble because the market cap hasn’t increased significantly relative to cumulative on-chain capital inflows. https://twitter.com/ki_young_ju/status/1860527794805178800 In a recent post on X, Ju compared the current Bitcoin price prediction based on the realized cap with those of the last two bull cycles, showing more bullish potential this time before the cryptocurrency fulfills its potential. Using charts reflecting Bitcoin’s ceiling and floor prices, the analyst revealed the remaining momentum before Bitcoin could reach the…