Author: NBTC
In a recent tweet, MicroStrategy chairman Michael Saylor highlighted what he believes might be the biggest regret for crypto holders in the future.“You are going to wish you had bought more Bitcoin,” Saylor wrote, warning cryptocurrency holders of the future regret they may feel if they do not act in the present. Saylor’s tweet resonated as many in the Bitcoin and broader crypto community shared this sentiment. His message was seemingly a warning to crypto holders: those who hesitated to buy or accumulate more may soon find themselves wishing they had acted sooner. You are going to wish you had…
PancakeSwap, the leading decentralized exchange (DEX) on BNB Chain and a prominent player across nine blockchain networks, has introduced PancakeSwap MEV Guard on the BNB Chain. This groundbreaking tool, powered by 48 Club, offers traders free, seamless protection against Miner Extractable Value (MEV) attacks—a long-standing vulnerability in decentralized finance (DeFi). The MEV Guard enhances the security, privacy, and efficiency of trading on PancakeSwap by shielding transactions from frontrunning, sandwiching, and other manipulative tactics that exploit public blockchain data. The feature promises traders better rates, reliable execution, and unparalleled safety through a user-friendly, single-click setup. The Growing Need for MEV Protection…
The stablecoin market, currently valued at $170.93 billion, dropped 2.7% since its August 30th high. Although the overall stablecoin supply grew 100x since 2019, recent changes reveal shifts in specific stablecoins. Global stablecoin supply is down over the last 60 days due to the decline of PayPal’s $PYUSD; however, the drop in supply looks insignificant compared to the 100x in stablecoin supply since early 2019 — current stablecoin market cap stands at $170.93BGet a full overview on… pic.twitter.com/9WbziDK72D — OurNetwork 🔎 (@ournetwork__) October 26, 2024 The market dip coincides with a 40% decline in the market cap of PayPal’s PYUSD…
As President-elect Donald Trump prepares for a second term, his incoming administration has already nominated several crypto-friendly faces for key leadership roles. Voters who bought into the Republican rhetoric that the Biden administration led a so-called “war on crypto” are likely excited. After all, Trump is the first elected official to hawk his own digital currency. While cryptocurrency awareness is relatively high in the U.S., most Americans remain disinterested. According to a Pew Research study, roughly six-in-10 Americans (63%) say “they have little to no confidence that current ways to invest in, trade or use cryptocurrencies are reliable and safe.”…
OKX has announced plans to delist its GFT/USDT perpetual futures contract to increase market liquidity and improve the trading experience of its users. OKX to Delisting GFT Margin Trading Pair The delisting process will take place on December 3, 2024, at 11:00. All GFT/USDT perpetual futures will be terminated at the time of delisting and any existing orders on the order book will be cancelled. The platform will deliver all open positions according to the arithmetic average price of the OKX index recorded during the hour before delisting. If abnormalities occur in the index price during this period, OKX reserves…
Merlin is still the leader among Bitcoin L2 chains based on BTC deposited. Merlin is also moving closer to a decentralized chain with ZK proofs. Bitcoin’s L2 is growing at a slower pace, but already singling out some of the winners. Merlin, with its first-mover advantage, is one of the most well-funded chains in terms of locked BTC. Based on different reports, Merlin holds between 7K and upward of 9K BTC, with more than 11K BTC locked during its peak a few months ago. In 2024, Merlin Chain retained its position as the leading L2 chain, though its native MERL…
The DeFi lending sector is witnessing unprecedented growth as rising crypto prices fuel demand for leverage among investors. As confidence in the cryptocurrency market strengthens, DeFi protocols like Aave and Morpho are leading the charge with substantial increases in total value locked. Paul Frambot, founder of Morpho, noted, “Market price action has driven a surge in borrowing demand as people want to increase their price exposure,” demonstrating the rising interest in leverage. This article explores the booming DeFi lending protocols and the impact of rising crypto prices on borrowing demand and total value locked, featuring insights from key industry figures.…
Prominent Shiba Inu community figure Lola makes a bold assertion about investors’ end-of-year target for SHIB. In a tweet yesterday, Lola claimed that SHIBArmy, Shiba Inu community members, expect SHIB’s price to record a greater surge, surpassing its previous all-time high (ATH). She made the assertion in response to an article titled, “Will Shiba Inu Price Hit ATH [all-time high] Before Year End?” The article projected that significant whale transactions, strong demand, and an effective burn mechanism could propel Shiba Inu’s price to a new all-time high by year-end. Why SHIBArmy Wants Higher Than ATH for SHIB For context, SHIB…
South Korea’s National Assembly will discuss the crypto taxation bill today, November 25, at 14:00 KST, during a session of the tax subcommittee. Representatives from both ruling and opposition parties will review the bill’s potential implications. The Democratic Party reintroduced the crypto taxation bill last week, initially proposed in 2021. It aims to tax crypto investors with gains exceeding a specified threshold. The original threshold of 2.5 million won ($1,791) caused concerns, leading to revisions. The updated proposal raises the tax-free limit to 50 million won (approximately $35,919) and sets a 20% tax rate on gains beyond this amount. Conflicting…
Increases in Bitcoin prices and recent crypto mining regulations have sparked an 8% rise in Russian internet traffic to major exchanges, data reveals. Internet traffic to major crypto exchanges in Russia surged 8% in early November, spurred by a sharp rise in Bitcoin prices and changes in local regulations, per an analysis done by MegaFon, one of the largest telecommunications companies in Russia. The increase follows a global trend, with web traffic to the top 20 crypto exchanges up 8% to 10% in November compared to October, the company says. According to the analysis, in Russia, users accounted for roughly…