Author: NBTC

The possibility of further crypto selloffs in the near term increased as Bitcoin’s (BTC) price closed below the crucial support level of around $57k on Thursday. The flagship coin has dropped over 4 percent this week to trade about $56,786 on Friday, September 6, during the early Asian session. With the altcoin industry continuing to show further mid-term bearish sentiment, investors have shied away from buying until the correction cools off. Bitcoin’s fear and greed index dropped to 22 percent on Friday, denoting extreme fear of capitulation Ahead. Whale Traders Are Wary of Short-Term Volatility for Bitcoin The demand for…

VeBetterDAO is leveraging blockchain technology to incentivize environmentally friendly behaviors through decentralized applications (dApps). Beyond rewarding sustainable actions, the B3TR token also facilitates governance within the VeBetterDAO ecosystem. Amid the current buzz of meme coins and flashes in the pan-type tokens, there is now a breed of projects such as VeChain’s VeBetterDAO. This venture aims to introduce real utility alongside sustainable development goals, per this CNF report. VeBetterDAO leads the change through decentralized applications (dApps) by rewarding pro-environmental behaviors. Moreover, its native asset, the B3TR token, will play a key role in the journey. Today, most cryptocurrencies come with very…

A recent indictment from a federal grand jury has unveiled the illegal activities of Maximiliano Pilipis, who previously ran AurumXchange, an unlicensed virtual currency exchange located in Noblesville, Indiana. According to a press release from the US Department of Justice, Pilipis is facing five counts of money laundering and two counts of deliberately failing to file tax returns, revealing a lengthy scheme rife with financial wrongdoing. Court documents show that Pilipis operated AurumXchange from 2009 to 2013, facilitating the exchange of Bitcoin and other virtual currencies for US dollars. His exchange charged significant fees, accumulating millions of dollars and amassing…

Telegram game Tomarket is expected to launch its TOMA token on The Open Network (TON) during Halloween, and while we won’t know what the token is worth until it’s trading, the game’s developers are betting that some players are willing to spend money in advance to boost their allocation. On Monday, Tomarket revealed a sale for its Premium Medal, an item that provides various benefits for users, including for the impending airdrop. Most notably, the in-game medal provides a “bonus multiplier on your TOMA allocation,” along with “100% tokens when we list.” In other words, players who purchase the item…

Ramp Network now supports real-time MXN payouts via the SPEI payment system. Users can sell crypto and receive funds in their bank accounts within 30 seconds. SPEI offers lower fees and operates 24/7, enhancing crypto-to-fiat transactions in Mexico. Ramp Network, a leading financial technology company, has announced the expansion of its crypto-to-fiat off-ramp support to include the Mexican Peso (MXN) through the SPEI payment system. This development allows users in Mexico to receive real-time payouts directly to their local bank accounts, available 24/7. Ramp Network integrates SPEI SPEI, or Sistema de Pagos Electrónicos Interbancarios, is a robust real-time payment system…

Real Vision analyst Jamie Coutts believes that Bitcoin (BTC) could finish the year much higher as the crypto king chops around. In a new video update, Coutts says that market liquidity is starting to increase, setting up Bitcoin to rally in the final four months of the year when the flagship cryptocurrency generally performs well. “I think people in crypto get very focused on the short term. The things that drive crypto long-term are things like liquidity, and that certainly has improved… Zooming out, I think the conditions are there for a pretty strong Q4. September is always pretty shitty…

IOTA has shared a highlight of the recent Demo Day program featuring the likes of Qiro Finance, Black Frog, Orobo Finance, Auvo Digital, The Real Lifestyle, and Defa Primitive. According to the IOTA founder, this program is a huge step towards supporting and mentoring its beneficiaries to impact the ecosystem significantly. The much-anticipated Real-World Assets (RWA) Accelerator Demo Day program by IOTA (IOTA) and Tenity was held on September 17 in Singapore with the participation of six finalists selected and supported by the two. As we earlier reported, each finalist got a $50,000 grant as well as mentorship, tools, and…

Norges Bank, Norway’s central banking authority, is preparing to make a critical decision on whether to introduce a central bank digital currency (CBDC) by the end of 2025. In an interview with Bloomberg on October 22, Deputy Central Bank Governor Pål Longva revealed that the bank is on track to finalize its recommendation within the planned timeline. Longva emphasized that while other European countries are advancing their digital currency initiatives, Norway’s approach is thorough, with no immediate rush to launch its CBDC. “We are in line with many central banks — studying complex issues and assessing multiple factors. There is…

Kraken is a significant player in the cryptocurrency exchange industry, and stands out for its stellar track record on security, accessibility in multiple regions and multiple account funding options. While a listing in Kraken doesn’t have quite the same impact on the market as a listing on Binance or Coinbase, it can still provide a nice boost to smaller crypto projects. In this article, we’re highlighting new Kraken listings in 2024 and featuring upcoming Kraken listings. Kraken is one of the few exchanges that publicly reveals which cryptocurrencies they are planning to add to their platform. NEW KRAKEN LISTINGS: deBridge…

Despite the Bitcoin price correction cracking under $56,000, the potential interest cut in September could spark a renewed recovery trend. As Bitcoin’s downtrend continues, the broader market uncertainties grow intense. With a lack of bullish momentum related to increased outflow from U.S.-Based Bitcoin spot ETFs, the bulls anticipate the upcoming Fed cut as the next uptrend catalyst. Bitcoin Coils Up Momentum Under Pressure The Bitcoin price is currently trading at $55,499, with a 24-hour drop of 2.5% and a decline of 6.2% over the past seven days. In the daily chart, the BTC price has dropped under the crucial support…