Author: NBTC
Kraken will delist Tether (USDT) and four other stablecoins in the European Economic Area (EEA) as the crypto exchange prepares for upcoming regulatory changes under the Markets in Crypto-Assets (MiCA) regulation. The delisting will occur in phases, concluding with automatic conversion of remaining holdings by March 31, 2025. In addition to USDT, other affected stablecoins are PayPal USD (PYUSD), Euro Tether (EURT), TrueUSD (TUSD), and TerraUSD (USDT). The delisting process will begin on February 13, 2025, when margin pairs involving these assets will be set to “reduce-only” for EEA clients. By February 27, spot trading will be restricted to “sell-only”…
Bitcoin’s rise of over 45% in the aftermath of the November 5 presidential election had already lost steam. Analysts anticipate more turbulence ahead as President-elect Trump’s proposed tariff plans and robust employment figures drive bond yields higher, strengthening the dollar and putting pressure on digital assets. “Bitcoin’s problem at the moment is the strong dollar,” Zach Pandl, head of research at Grayscale Investments, told CNBC, noting that the Fed’s recent signal helped in part strengthen the dollar. Bitcoin was off to a strong start this week, reclaiming $102,000 on Monday, CoinGecko data shows. However, the rally was short-lived; the flagship…
Pudgy Penguins partners with LINE FRIENDS to expand its brand presence in Asia, integrating Minini characters into their NFT ecosystem. Pudgy Penguins launches its Layer-2 network, Abstract, but struggles to gain traction despite offering incentives to attract new users. Known for its cute penguin characters, NFT project Pudgy Penguins recently revealed a partnership with LINE FRIENDS, one of the largest IPs in South Korea and Asia. This cooperation integrates the Minini character from LINE FRIENDS into the Pudgy Penguins ecosystem, so creating a great chance to reach an Asian community at large. Pudgy Penguins is making big moves as a…
A ripple in the Ripple ecosystem caught attention this week as Ripple USD (RLUSD) temporarily broke its 1:1 peg with the U.S. dollar. The stablecoin, designed to maintain a consistent value, experienced an unexpected surge, briefly trading at $1.04 – a 4% increase that raised eyebrows across the XRP community. The event did not go unnoticed, even if it was short-lived. Ripple’s Chief Technology Officer David Schwartz, explained that this was because of the dynamics of the XRP/RLUSD market. He said that this unusual event probably happened because of a thin market structure, where a sudden increase in XRP’s price…
MyTonWallet, a self-custodial wallet for The Open Network blockchain, has released version 3.3. The update includes a clearer fee display, an upgraded Explore section, improved navigation, support for Telegram gifts, and a new crypto payment tool called MyTonWallet Pay, according to a note shared with crypto.news. One key enhancement is improved fee transparency. Users can now see a detailed breakdown of transaction costs, including separate exchange rates and swap fees. This update aims to eliminate confusion around blockchain commissions, which can often be difficult to understand. 💎 We’re introducing MyTonWallet v3.3 with Refined Fees, Explore 2.0, Handy Navigation and much…
Bitcoin’s $90,727 support is under pressure; repeated tests raise risks of a breakdown toward $77,500. Key resistance levels at $102,688 and $106,400 block Bitcoin’s rally, reflecting strong selling pressure and market uncertainty. The 21-day EMA signals mixed momentum; Bitcoin’s struggle to stay above it points to indecision and short-term volatility. Bitcoin’s price faces mounting pressure as it hovers near the $90,727 support zone, a level tested five times recently. The cryptocurrency currently trades at $94,156, down 0.58% in the latest session. Despite buyer confidence in this key support, the growing frequency of tests signals increased risks of a breakdown. Traders…
DWF Labs has recently staked 300,000 $DEXE tokens for a period of 12 months, a few hours ago. In total, these tokens are worth of $5.17 million. According to Lookonchain, they received these tokens on April 9, 2024. Proud to say that we’ve officially joined the $DEXE staking program with a massive $5M+ of tokens staked and locked for 12 months!🚀 @DeXeNetwork Proudly partnered with @RAK_DAO (Gov-level), DeXe stands out as the ultimate DAO solution 🏛️ The potential of DAOs to reshape how… — DWF Labs (@DWFLabs) January 17, 2025 DWF Labs Invests in DeXe Protocol, Supporting Its DAO Vision…
NRN Agents will integrate with Ronin, bringing adaptive AI gameplay and interactive gaming experiences starting in early 2025. Ronin aligns RON tokenomics with its whitepaper and re-locks 75% of unlocked RON to strengthen its Open Ronin ecosystem. Ronin has exciting news! The gaming network, recognized for its fast expanding ecosystem, will soon welcome NRN Agents, an artificial intelligence (AI)-based platform developed by ArenaX Labs. Said to deliver a more dynamic and interactive gaming experience, this integration is set to begin in the first quarter of 2025. Ronin and NRN Agents aim to introduce AI that learns and evolves in-game. Picture…
Stability World AI has partnered with Hotcoin, a prominent digital asset trading platform. The blockchain and AI industry recently witnessed an important development. Through this alliance, Hotcoin and Stability World AI enable secure digital crypto exchanges that combine decentralized AI systems to advance digital financial operations significantly. 🚨 Partnership Announcement: Stability World AI x Hotcoin 🚨We are excited to announce our collaboration with @HotcoinGlobal, a leading global blockchain digital asset trading platform! 🌐📈🔹 About Hotcoin:Hotcoin is a premier crypto asset exchange, providing a secure,… pic.twitter.com/JhuUVtdQA6 — Stability World AI (@StabilityW_AI) January 31, 2025 About Hotcoin: A Trusted Crypto Exchange Hotcoin…
JPMorgan CEO Jamie Dimon has not warmed up to Bitcoin despite the fact that the cryptocurrency is experiencing broader institutional acceptance. During a recent interview with CBS, the influential banker said that he did not feel “great” about Bitcoin, insisting that the cryptocurrency actually has no intrinsic value. Moreover, he mentioned that Bitcoin is being used heavily for money laundering and other criminal activities. The prominent banker is one of longtime Bitcoin critics who remain skeptical of Bitcoin despite its wider institutionalization. Back in 2017, Dimon said that he would fire any JPMorgan trader who would touch Bitcoin, calling the…