Author: NBTC
Please take note that not all of the spots featured below accept cryptocurrency payment. This blog is the first in a new series designed to offer a guide that covers the most interesting travel routes where you can use Binance Pay to pay for your travel expenses. If you ever wondered where you could travel using crypto – read on, we are here with the answers. In today’s article, we’ll look at the Kingdom of Bahrain, also known as The Pearl of The Gulf: a captivating archipelago of 83 natural and artificial islands, nestled in the heart of the Arabian…
The recent Bitcoin halving event has triggered a significant shift in the revenue landscape for miners, altering their strategies and potentially impacting the broader cryptocurrency market, according to a new analysis. As highlighted by analytics firm Checkonchain in a YouTube video, the recent halving event has significantly shifted miners’ revenue sources, impacting overall market dynamics. The halving, which reduces the block subsidy by half, forces miners to adapt their strategies. This reduction often leads miners to sell their accumulated Bitcoin to cover operating costs, potentially triggering a capitulation event. However, once the market recovers, hash ribbons — a metric indicating…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2011, a 9.1 magnitude earthquake struck the seafloor of Japan, causing a massively destructive tsunami. In the following days, Japan’s Nikkei stock market fell by 6.2%, reflecting the market’s reaction to an unprecedented disaster. You might also like: Protecting digital assets: Custodial innovation for institutions | Opinion Thirteen years later, cryptocurrencies, which have surged in popularity, face criticism for their extreme short-term fluctuations, often perceived as even more volatile than traditional stocks. While this volatility can…
The Open Network (TON) has managed to hit a total value locked around $ 714 million, according to DefiLlama. This figure shows that various kinds of protocols are widely used and implemented in TON blockchain. Here is an overview of the most popular protocols sorted by their current total value locked (TVL) in USD. Top 7 TON Protocols by Total Value LockedThe total value of assets locked in The Open Network $TON is around $714M, according to @DefiLlama. Let’s compare the top protocols on @ton_blockchain by current TVL in USD, in order to evaluate their adoption scale. pic.twitter.com/bIReQanltz — TOP…
OKX exchange CEO stated the clearance of users accounts interacting with Tornado Cash. Cryptocurrency scams have shown a sharp increase in the past few months. The cryptocurrency sector has witnessed an increasing number of scams in the past few months. The recent WazirX hack caught market attention over the loss of its $230 million funds. Amid such various reports, the China-based OKX exchange announced a new measure to prevent hacker activity. Notably, OKX exchange’s CEO Star made an announcement on his X account stating that users cannot interact with the Tornado Cash platform. The announcement outlined particular procedures for the…
Analyst Kevin Svenson is outlining a path forward for Bitcoin (BTC) amid the flagship cryptocurrency correcting by around 11% over the past two weeks from the June high of around $72,000. In a new video, Svenson tells his 78,400 YouTube subscribers that even though the price of Bitcoin has dipped, ending the week above the parabolic curve trend line could trigger a price increase of around 42% from the current level. “If we had some miraculous pump and it [the current weekly candle] became a weekly bullish engulfing candle, well then we would be looking pretty good right there. We…
DWS, an asset management firm owned by Deutsche Bank, is preparing to launch the first euro-denominated stablecoin regulated by Germany’s Federal Financial Supervisory Authority (BaFin). This initiative marks a significant step for the European financial sector as DWS manages assets worth €941 billion ($1.02 billion) globally. MiCA Framework Spurs Industry-Wide Compliance Efforts DWS plans to introduce this stablecoin by 2025 through its newly formed company, AllUnity. This novel entity is a collaboration between DWS, Flow Traders, and Galaxy Digital. However, at the time of publishing, the firm has yet to provide further details regarding this asset. Read more: Stablecoin Regulations…
In a strategic move, Flux has announced a new partnership with Uphold to boost trading, liquidity, and accessibility of $FLUX and its associated assets. This collaboration underscores Flux’s commitment to expanding digital asset options and enhancing the ecosystem. The firm announced this partnership via its official X and Medium accounts. GREAT NEWS! 🎉📢 We’re partnering with @UpholdInc to expand $FLUX and its parallel assets #trading and liquidity, enhance cross-functionality, boost accessibility, and unlock new opportunities for users across both ecosystems!Learn all the details:🔗 https://t.co/CH4IvIHzyX pic.twitter.com/CcmWKGa8gU — Flux-Web3 Cloud (@RunOnFlux) August 8, 2024 Flux Expands Trading Options and Enhances Flexibility Uphold,…
Bitcoin, the first and largest cryptocurrency has quadrupled in price since the beginning of 2023, reaching a new high of $73,798 in March, boosted by demand for U.S. exchange-traded funds. However, recent observations by crypto analyst Ali might suggest a concerning trend: a significant downturn in exchange-related on-chain activity for Bitcoin. On-chain activity refers to the transactions and interactions recorded directly on the blockchain. This metric might be crucial in understanding the behavior and sentiment of market participants. Higher on-chain activity often correlates with increased investor interest and higher trading volumes, while a decline can suggest the opposite. #Bitcoin is…
Freshly updated figures published by the Shibburn website reveal that the SHIB army has increased their attempts to remove as much SHIB as they can from the meme coin’s circulating supply. Among the burn transactions’ details shared by the aforementioned wallet tracker, the was a single transfer that carried several tens of millions of Shiba Inu. In the meantime, the second largest meme cryptocurrency SHIB continues to trade sideways, making regular attempts to break above the $0.0001700 level and return to its previous highs. SHIB burn rate jumps 3,988% Shibburn rate has reported that during the period of the last…