Author: NBTC
CoinDCX recorded $1 billion in trading volume in December despite high taxes and strict regulations in India. The platform focused on security and user education to attract and retain traders in a tough market. Global partnerships and innovative features helped CoinDCX maintain growth and lead the Indian crypto sector. CoinDCX recorded close to $1 billion in spot trading volume in December 2024. This achievement came despite significant challenges in India’s crypto market. High taxes and strict regulations made operating conditions tough. However, CoinDCX managed to show steady growth during this period. BREAKING: 🇮🇳Indian crypto exchange CoinDcx had nearly $1 billion…
Here is yet another stab from Italy towards Bitcoin: the Consob Commissioner Federico Cornelli has urged savers to exercise maximum caution on the crypto. Under the 7th largest asset in the world by capitalization, according to the “brain” forged by the Bocconi path, there would be nothing solid. Only speculation and activities still poorly regulated to which all of us should pay the utmost attention to avoid ending up with the match in hand. Setting aside the chatter, however, Bitcoin responds with facts and marks further all-time highs close to 100,000 dollars, attracting worldwide media attention. It is evident that…
The crypto market is set for several major token unlocks this month, with $5.08 billion worth of assets scheduled for release in December. BeInCrypto highlights the top five cliff unlocks that will bring a significant influx of tokens into the market. November Token Unlocks: What to Expect Tokenomist (formerly Token Unlocks) reports that $1.99 billion of December’s token unlocks are classified as cliff unlocks. In these events, tokens are released on a periodic schedule — such as weekly, monthly, or yearly — rather than daily. Investors and traders closely watch token unlocks because they introduce previously locked tokens into circulation,…
Shiba Inu lead developer Shytoshi Kusama has reacted to the listing of TREAT on prominent crypto exchanges KuCoin, Bitget, and Gate.io. These exchanges have announced the listing of Shiba Inu’s fourth ecosystem token, TREAT, on their respective trading platforms. TREAT Support on KuCoin and Bitget According to the announcements, TREAT will be paired against Tether (USDT) on both platforms. Notably, its spot trading will commence on January 14, 2025, at precisely 11:00 (UTC). It bears mentioning that the trading schedule coincides with the official launch date of the TREAT token. The exchanges have opened deposits for TREAT, allowing users to…
In a Friday op-ed, Lionel Laurent, a Bloomberg Opinion columnist, argues that MicroStrategy’s debt-for-Bitcoin strategy will not be viable in the long term. Laurent recently recalled the fact that Citron Research had disclosed a short position in the company, making its shares plunge by more than 16%. As reported by U.Today, MicroStrategy recently became one of the top 100 biggest public companies in the U.S., rivaling the likes of chip giant Intel. The company has managed to increase its valuation by roughly 50 times since making an unorthodox move to adopt Bitcoin as its treasury reserve asset. MicroStrategy’s Bitcoin play…
Shiba Inu is making progress in reducing its total supply, as the SHIB burn rate has increased by a staggering 486% over the last 24 hours, with 1.4 billion SHIB tokens permanently removed from circulation by being sent to dead wallets. According to Shibburn X handle, 1,453,991,866 SHIB has been burned in the last 24 hours, representing a 486.32% surge in burn rate. Meanwhile, 1,768,457,638 tokens have been burned in the last seven days, representing an 806.67% increase in weekly burn rates. HOURLY SHIB UPDATE$SHIB Price: $0.00002569 (1hr 0.09% ▲ | 24hr -0.01% ▼ )Market Cap: $15,168,321,575 (0.62% ▲)Total Supply:…
Bithumb Announced the Listing of These Two Altcoins as of January 11, 2025! Recently attracting attention with its significant trading volume and innovative moves in the cryptocurrency market, Bithumb Exchange has announced that it will list STRIKE (STRK) and IOTA (MIOTA) trading pairs starting January 11, 2025. Following this announcement, notable activity was observed in the cryptocurrency market. Particularly, IOTA gained over 8% in value within just a few hours as a reaction to the news. Meanwhile, STRIKE started to garner interest and successfully drew the attention of investors with its listing announcement. STRIKE (STRK): A New Favorite in the…
Savvy commodities trader Peter L. Brandt has published an important X post to warn his followers against a scam wave that he expects to be coming soon. These scams will be not about Bitcoin but about trading in traditional financial markets, he stated. Brandt’s warning about sham prop trading to community In his tweet, the skilled trader reminded the community about his earlier warnings related to the sham proprietary trading sphere and multiple “aspiring” scammers operating in it. Brandt wrote that the warnings his published were well justified. Peter Brandt says that now the time has come to start warning…
Rewardable, a unique AI-driven task-to-earn forum, has announced its official launch with the native token $REWARD. As per Rewardable, its launch denotes a crucial move for a decentralized economy as the users can trade the $REWARD coin on the prominent decentralized crypto exchange Uniswap. The platform took to social media to provide the details of the launch. https://t.co/TSy2R92U84 — Rewardable (@rewardable_app) November 29, 2024 Rewardable Targets Revolutionizing the Web3 Interaction with $REWARDABLE Token With its release, Rewardable along with its token $REWARDABLE intends to redefine the interaction of brands and users in the Web3 network. It reportedly strengthened verified consumers…
The year 2024 saw the Bitcoin mining industry record significant developments and historic milestones. According to a report by the Bitcoin mining entities NiceHash and Digital Mining, 2024 was a record-breaking year for the promising industry. NiceHash and Digital Mining revealed that in 2024, the mining industry witnessed high block space demand, increased hashrate, and new trends in mining machine models. Large mining companies also expanded via mergers and acquisitions, enhancing their output and efficiency. Mining Developments in 2024 In 2024, the Bitcoin network started at block 823,807 and ended at block 877,270 after producing 53,463 blocks with an average…