Author: NBTC
In a recent announcement, Binance revealed a new initiative that enables holders of Aragon tokens (ANT) to exchange their assets for Ethereum (ETH). This decision follows the Aragon Foundation’s recent policy adjustments aimed at providing liquidity options for ANT holders. The announcement was made public on October 24, outlining specific details of the exchange process. Contents hide 1 What is the Fixed Rate for the Exchange? 2 What Happens After the Deadline? What is the Fixed Rate for the Exchange? The Aragon Foundation has established a fixed exchange rate of 0.0025376 ETH for each ANT token. This rate provides a…
‘Hardly a Bear Market’ – Trader That Nailed 2021 Bitcoin Collapse Hints at Incoming Fireworks for BTC
A trader who nailed the May 2021 Bitcoin collapse says BTC may be gearing up to ignite explosive price action as soon as next month. Pseudonymous analyst Dave the Wave shares with his 146,700 followers on the social media platform X a Bitcoin chart suggesting that BTC could start taking out resistance levels as early as October 1st, 2024. The analyst’s chart also suggests that Bitcoin appears to be trading in a triangle pattern while consolidating in a wide range. “BTC 4th quarter fireworks?” Source: Dave the Wave/X The analyst adds that Bitcoin is likely to trade above its recent…
The leading exchange by market cap, Binance, has revealed its support for hard forks and upgrades on the VITE (VITE) and Harmony (ONE) networks. Binance Will Support the Harmony (ONE) and VITE (VITE) Network Upgrades & Hard Forks 6:25 AM · Oct 24, 2024 The trading firm will handle all technical undertakings to guarantee a smooth user experience. Binance will temporarily halt ONE and VITE deposits and withdrawals during the enhancements while trading remains unaffected. Notably, Harmony’s upgrade will happen at 64,847,872 block height, predicted for 31 October (13:00 UTC). The exchange will suspend deposits and withdrawals an hour earlier…
U.S.-traded spot bitcoin ETFs saw $1.2 billion in outflows between Aug. 27 and Sept. 6. This marked the longest streak of outflows since the launch of the funds, but it signals nothing but healthy growth, an expert said. The recent plunge in the price of bitcoin (BTC) was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it’s more likely a sign of healthy growth. “This is going to be two steps forward, one step back,” Eric Balchunas, senior ETF analyst at Bloomberg, said. “That’s…
DeFi oracle provider RedStone has launched its AVS testnet on the popular Ethereum restaking protocol, EigenLayer. This is the first instance of an oracle utilizing EigenLayer’s restaking technology to improve security. RedStone – EigenLayer According to the official press release shared with CryptoPotato, this integration represents a significant step for RedStone and the wider DeFi ecosystem, as EigenLayer’s restaking model will enable the oracle provider to protect its systems by adjusting the amount of collateral based on market conditions. This is expected to add an extra defense against potential attacks. RedStone will be able to ensure that its data feeds…
$TERMINUS, an exclusive meme coin that takes inspiration from the vision of developing the earliest city on the planet Mars, has spiked by up to 10,000% within a couple of weeks. As per Lookonchain, a prominent on-chain analytics provider, the meme token has gained significant attention within the community as it has jumped from only $3.5M to $35M in terms of market cap, denoting a tenfold elevation since the first post regarding the token. From $3.5M to $35M market cap, $TERMINUS is up 10x since our post! #TERMINUS #FirstCityinMarsThe lucky individual turned $135 into over $1.2M in just 15 days,…
Crossover has announced its integration with CoinRoutes, a crypto Order & Execution Management System (OEMS) aimed at institutional clients. This integration enables CoinRoutes users to customize and aggregate liquidity pools, as CROSSx becomes part of CoinRoutes’ network. The integration is expected to enhance liquidity, trade execution, and market access for CROSSx users. CoinRoutes clients will also benefit from CROSSx’s unique liquidity offerings. CoinRoutes supports trading across more than 60 centralized and decentralized exchanges and liquidity providers, covering over 3,000 crypto assets via a single API or trading app. Meanwhile, OKX, a cryptocurrency exchange and Web 3 technology company, has partnered…
The market braces for volatility over the next 36 hours, as Bitcoin sits at a make-or-break point on both the technical and economic fronts. Bitcoin is once again at a crossroads. Over the next day and a half, the release of important economic data could influence the price of the firstborn cryptocurrency. Potential Impact of Upcoming CPI Data The Consumer Price Index (CPI) report, expected tomorrow, will reveal important information about inflation trends, with multiple analysts predicting the potential for market volatility based on the results. Current forecasts suggest headline inflation is likely to decrease year-over-year to 2.6%, a slight…
The exSat Network, designed to enhance Bitcoin’s scalability, launched its mainnet. The launch also introduced the XSAT token, which will be mined on every block, rewarding validators securing the network. exSat’s innovative approach seeks to make Bitcoin more scalable, integrating Bitcoin’s data consensus across various blockchains to support multichain decentralized applications (dApps). exSat Empowering Bitcoin’s Scaling Potential Mainnet scaling of Bitcoin has been among the most ambitious by developers seeking to expand the number of transactions per second, reduce network fees, and open up new use cases. exSat is unique from other Layer 2 solutions because it allows Bitcoin’s transactional…
Cardano and Ethereum offer flexible staking rewards, making them leading options for crypto investors seeking credible blockchain solutions. Tether provides stability in the volatile crypto market, positioning it as a preferred choice for investors avoiding price fluctuations. Solana’s hybrid consensus model and focus on scalability have made it a significant player in decentralized finance and blockchain technology. Cryptos such as Cardano, Ethereum, Tether, Solana, and the BNB token from Binance are upending the market by introducing new staking methods and stable investment options. The more these leading cryptocurrencies develop their functionalities, the more active investors seek ways to generate returns…