Author: NBTC

Exodus Movement, Inc., a leader in self-custodial cryptocurrency software solutions, is set to debut on the NYSE American stock exchange. The company’s Class A common stock, trading under the symbol “EXOD,” will commence trading on December 18, 2024. Until then, the stock will continue to trade on the OTCQX. The transition will mark an important moment for Exodus and its shareholders. Exodus Stock to List on NYSE after OTC Trading The company shared the news in an official announcement, which was also reinforced in a post on X (formerly Twitter). “A step forward for Exodus. A leap forward for financial…

Popular crypto tracking service Whale Alert, which traces down large cryptocurrency transfers and shares the details on its account on the X platform (formerly widely known as Twitter), has spotted an immense XRP transfer worth almost $200 million in fiat. This transfer targeted the world’s biggest centralized crypto exchange by volumes Binance and it occurred amid the fourth largest crypto XRP printed a substantial price increase of 9.33% since Monday. At the time of this writing, XRP is changing hands at $2.57. Binance hit with 69.3 million XRP transfer Data shared by the aforementioned source revealed that less than two…

Spanish crypto company BitBase is set to install its first cryptocurrency ATMs in Argentina in 2025, as digital asset adoption surges across Latin America. The company has earmarked $524,000 to support its launch, marking its first foray into the Argentine market, as per a report from Argentinian news website Mercado. This investment will finance the purchase of new crypto ATMs, the opening of physical stores, and compliance with local regulations. BitBase’s move reflects a growing trend of crypto expansion in the country as businesses and regulators increasingly embrace digital assets. BitBase to offer in-person support BitBase plans to strategically place…

Bitcoin faces strong resistance near $104,700; a retracement to $99,647 support could trigger further downside. Kingpin Crypto expects choppy December price action, advising traders to monitor BTC while exploring opportunities in altcoins. If Bitcoin moves above $104,700, it may set a new all-time high and push toward $106,000, signaling new bullish momentum. Bitcoin shows signs of potential retracement following its recent rally to $104,000. Analysts expect price action to remain choppy throughout December, with Bitcoin encountering critical supply zones and support levels. A pullback appears likely as BTC tests major resistance areas, prompting market participants to focus on alternative cryptocurrencies…

VanEck is putting $2.5 million into DAWN, a DePIN project aiming to create a decentralized internet service provider. The investment comes from VanEck’s Digital Assets Alpha fund and VanEck Ventures. The strategic funding round marks the first time that “multiple funds at VanEck have made a direct investment into the same company,” the firm exclusively told Blockworks. The newest raise comes after Andrena, the company behind DAWN, raised $18 million in a round back in August.* Andrena CEO Neil Chatterjee told Blockworks that DAWN was designed to capitalize on the “transformation of our lives” as society goes from being wired…

South Korean crypto exchange Bithumb adds the Truth Terminal meme coin, Goatseus Maximus, to its listings. Trading support for GOAT and Korean won pairs begin on Dec. 17 at 04:00 UTC. In a recent notice, Bithumb announced that Goatseus Maximus (GOAT) will be added to the exchange’s Korean won market starting from Dec. 17 at 04:00 UTC. Deposit and withdrawal for the viral Solana-based meme coin start two hours after the notice was posted. While buying and selling orders are restricted within the first five minutes of trading. Previously, GOAT made its debut on the major crypto exchange OKX on…

On Dec. 2, Cboe Global Markets, Inc. made a quiet yet significant move in the world of Bitcoin-linked financial products by launching the first cash-settled index options tied to the price of spot Bitcoin. Listed exclusively on the Cboe Options Exchange, these options offer a new way for traders to gain exposure to spot Bitcoin ETFs—and indirectly to Bitcoin itself—through a regulated and transparent framework. The options are based on the Cboe Bitcoin U.S. ETF Index (CBTX), the first U.S. spot Bitcoin ETF index. This index tracks the performance of a basket of spot Bitcoin ETFs listed in the U.S.,…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Bitcoin maxis, it’s time to take notice — sBTC on Stacks is here, and it’s designed to let your bitcoin work overtime, according to Andre Serrano, head of product at Stacks. “The nice thing about this is that you are eligible for this yield both by holding it as well as deploying it in DeFi,” Serrano told Blockworks. Here’s the alpha: Mint and hold sBTC — by bridging bitcoin into sBTC (a 1:1 bitcoin-backed asset secured via Stacks), users become eligible for rewards (bitcoinismore.org) paid out in…

The cryptocurrency market is abuzz with anticipation ahead of the Federal Reserve decision and comments from Fed Chair Jerome Powell later this week. The U.S. Federal Reserve’s final meeting of the year is slated for this week; the Federal Open Market Committee’s meeting on Tuesday and Wednesday is of particular interest to investors eagerly expecting this year’s final interest rate decision. Other economic statistics will be released throughout the week, including retail sales for November on Tuesday, weekly initial jobless claims and the GDP growth rate for the third quarter on Thursday. As of Monday, markets had priced in a…

The market for memecoins has been booming since the start of 2024 with trading volumes and market caps hitting new highs. Memecoins, which started as fun internet tokens, have become a cultural phenomenon in the crypto world. According to Wu Blockchain, platforms like Binance are noticing the cultural impact of memecoins. They point to tokens like Chill Guy, RIF, URO, and QUANT as examples of how these assets are connecting with people around the world. Binance published a memecoin-themed blog, mentioning that the Chill Guy memecoin attracted those who resonated with its laid-back spirit; projects such as RIF and URO…