Author: NBTC

Iran’s domestic cryptocurrency market has reached a major milestone, with approximately 15-19 million citizens actively participating in crypto trading. This growth comes despite mounting international sanctions and regulatory pressures, particularly from the United States. The landscape of Iranian crypto exchanges has expanded to include 90 platforms, with 10 major centralized exchanges leading the market through dedicated websites and mobile applications. Nobitex is leading as the dominant player, serving 6 million active users and establishing itself as the country’s largest cryptocurrency exchange. Top Iranian exchanges face regulatory scrutiny Recent data from Wu Blockchain reveals the scale of Iran’s major cryptocurrency exchanges:…

A closely followed crypto analyst says that Bitcoin (BTC) could break out of the current consolidation phase within weeks. In a new video update, crypto strategist Jason Pizzino tells his 333,000 YouTube subscribers that Bitcoin could start printing a bullish pattern on the monthly chart at the close of September. He looks at previous cycle lows and the number of months it took before Bitcoin printed the beginning signs of parabolic rallies, which was at 20, 21 and 19 months – when there was a monthly close above previous resistance levels. “If September happens to hold up higher than August,…

The evolution of Decentralized Finance (DeFi) has brought some of the most innovative solutions for financial services, both on- and off-chain. Lending, trading, staking, and tokenization are just some of the most popular DeFi trends that have accumulated billions of dollars in total value locked (TVL). In 2024, DeFi is seeing several emerging trends that are transforming the landscape. They are reshaping the ecosystem by enhancing liquidity, security, and scalability, driving broader adoption of decentralized applications (dApps) and new financial tools. This article will guide you through some of the hottest DeFi trends in 2024. As always, let’s start with…

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, hammered crypto again, claiming that legitimate transactions are rare. According to him, the only reason most people touch crypto is for illegal purposes like drugs. “People are buying and selling crypto,” he said, but they aren’t using it to pay for things legally. Unless it’s drugs or illegal stuff, he claimed, crypto barely sees any action. Kashkari has been a long-time critic of crypto. He’s been loud about his belief that the entire industry is full of hype, scams, and fraud. His comments date back to at least 2022 when…

Jupiter, the leading DEX aggregator on Solana, will vote on an excess of 215M JUP tokens. The assets from a previous airdrop make up around 6% of the circulating JUP supply and raise the question of pressuring the market. Jupiter DEX is preparing to vote on the usage of the additional JUP tokens left after this year’s airdrop event. After the Jupuary farming session and airdrop, the project had upward of 215K JUP tokens in its reserves. An exact amount of 215,461,850.21 JUP allocations remained unclaimed, due to compromised wallets or skipped claims during the airdrop window. Jupiter will hold…

Blockchain.com executives face prosecution, with court proceedings underway as Companies House intensifies its enforcement measures. British crypto provider Blockchain.com is facing legal action after two senior executives were charged over the company’s failure to file accounts on time, The Telegraph has learned, citing court documents. Co-founder and president Nicolas Cary, along with operations executive Al Turnbull, were summoned by Companies House in May. According to the report, court proceedings commenced at Cardiff Magistrates Court on Sept. 25, with another hearing scheduled for Nov. 26. The legal claims focus on the firm’s delayed filing of accounts for the year ending Dec.…

ETF expert Eric Balchunas has downplayed the recent drama surrounding the alleged failure of Bitcoin ETFs. Balchunas has pointed to the fact that these products recently returned to inflows. This flies in the faces of the skeptics who were ready to write these products off after a series of disappointing outflows. The year-to-date inflows of Bitcoin ETFs are now back to $17.1 billion, according to data provided by Balchunas. The analyst mocked both cryptocurrency proponents and critics for being too “reactionary,” noting that equity investors do not typically act this way. Following the introduction of Bitcoin ETFs, Bitcoin managed to…

Uniswap grants $850K to OpenZeppelin, boosting secure development with the new Hooks Contracts Library for v4. OpenZeppelin’s v4 Hooks Library unlocks fee management, limit orders, custom oracles, and liquidity automation for Uniswap developers. A 10-week audit ensures OpenZeppelin’s Hooks Library reduces coding risks, empowering devs to build secure, innovative apps on Uniswap. The Uniswap Foundation awarded $850,000 to OpenZeppelin to develop a Hooks Contracts Library for Uniswap v4, aiming to increase security and reduce coding risks for developers using the platform. In order to guarantee that creative applications are constructed on solid foundations, the grant seeks to provide a dependable,…

Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20. This represents a significant increase from previous election cycles, marking nearly a 13-fold jump from the $15 million spent in 2020. The industry’s growing influence is evident as large sums pour into critical congressional and Senate races, with the goal of shaping future US regulatory policies. Bipartisan Influence Data from the Federal Election Commission (FEC) reveals that crypto companies contributed nearly half of all corporate donations this cycle. Over…

In a surprising turn of events, the cryptocurrency sector is seeing a meteoric surge in two newly launched memecoins, $Terminus and $TERMINUS tokens. As per the prominent on-chain analytics platform Lookonchain, $TERMINUS has witnessed a 1000x rise while $Terminus has jumped by 500x in only three days. The analytics provider took to its official social media account to provide the details of this development. $TERMINUS(@TERMINUS_CTO) is up 1000x in 3 days with a market cap of $42M. #TERMINUS$Terminus is up 500x in 3 days with a market cap of $7.2M! #TerminusThe upper vs. lower case war in #MEMEcoins goes on!yamster.eth…