Author: NBTC
Solana-based meme coins led the charge as the crypto fear and greed index approached the greed zone of 60. LandWolf (WOLF) and Moo Deng (MOODENG) were the best-performing tokens as they rose by over 112% and 56% on Sep. 27. WOLF has surged by over 390% from its lowest point this month, bringing its market cap to over $38 million. Moo Deng has performed even better, skyrocketing by over 1,800% from the September low, pushing its valuation to nearly $200 million. Other popular Solana (SOL) meme coins have also seen double-digit gains in the past few days. Notably, Popcat (POPCAT)…
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its key roles will be to evaluate South Korea’s plans for spot cryptocurrency ETFs and corporate virtual asset accounts. South Korea Committee to Review Spot Crypto ETF Plans On Oct. 13, South Korean officials reportedly revealed plans to launch a public-private committee on virtual assets later this month. The 15-member committee will address structural problems in the virtual asset market…
Leading crypto exchange Upbit will launch CARV Korean Won (KRW), BTC and USDT trading pairs today, and trading is expected to open at 15:00 local time. As per Upbit’s official statement, purchasing of the CARV is restricted for approximately 5 minutes after transaction support. Upbit has also informed about the minimum sell price limit for $CARV which is fixed at less than 10% of the previous day’s closing price. 신규 디지털 자산 카브(CARV) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓📅 거래지원 개시 시점: 2024-10-15 15:00 예정 🔗 공지 바로가기:https://t.co/SKbPx1VEvx#Upbit #CARV pic.twitter.com/q4Su1LftyR — Upbit Korea (@Official_Upbit) October 15, 2024…
Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb again if it stays above the $57,500 support zone. Bitcoin Price Starts Downside Correction Bitcoin price started a decent increase after it broke the $58,500…
Ripple is making notable advancements to bolster Australia’s digital economy by partnering with the Digital Economy Council of Australia (DECA) and the Digital Finance Cooperative Research Centre (DFCRC). This collaboration aims to push for greater tokenization throughout the nation. A recent report produced by DECA and DFCRC calls for lawmakers to introduce a regulatory framework that can facilitate further growth in the sector. Contents hide 1 How Can Tokenization Impact the Economy? 2 What Reforms are Necessary for Success? How Can Tokenization Impact the Economy? Ripple’s analysis suggests that tokenizing real-world assets could potentially yield a market value of $16…
According to Lookonchain data, the Tron (TRX) network USDT transaction volume, founded by Justin Sun, has tripled the Ethereum (ETH)-based USDT transaction volume. Tron (TRX) Left Ethereum Behind! The Tron network has experienced a significant increase in USDT transactions. Data showed that the number of USDT transfers on the Tron network reached 2.39 million, which is 15 times more than the number of transfers on the Ethereum network. Additionally, the USDT transaction volume in the history of the Tron network reached $17.67 billion, which is three times the volume recorded in the history of the Ethereum network. According to experts,…
Bitcoin infrastructure firm Blockstream has raised $210 million in a convertible note financing round. The company has also appointed Michael Minkevich as COO. Blockstream, the bitcoin infrastructure firm, has closed a $210 million convertible note financing round led by investment firm Fulgur Ventures, the company said in a press release on Tuesday. The funds will be used to accelerate adoption and development of the company’s layer-2 technologies, to grow its mining operations and to expand its bitcoin (BTC) treasury, Blockstream said in the release. Blockstream’s layer-2 solutions include the Liquid and Lightning networks. Layer 2s are separate blockchains built on…
Aptos (APT) surged 35% in a week, driven by strategic partnerships. Collaboration with Ignition AI Accelerator enhances Aptos’s commitment to AI-focused growth. New partnerships boost Aptos’s ecosystem, increasing its influence in the crypto market. Aptos (APT) has surged over 35% in just one week. Analysts attribute this impressive growth to a series of strategic partnerships. On the other hand, investors are wondering if this bullish momentum will continue. A major reason behind the recent price spike is Aptos’s partnership with the Ignition AI Accelerator. This collaboration supports AI-focused startups in Asia. Many believe it shows a long-term commitment to growth…
Telegram has recently removed its crypto wallet service in France, a move that has attracted a lot of attention in the context of the legal issues involving its founder, Pavel Durov. This event is part of a broader picture of regulatory and legal challenges, culminating in the arrest of Durov on August 24, 2024, in Paris. The arrest of Durov shocked the tech community and the cryptocurrency community, especially because Telegram is one of the most used platforms for cryptocurrency transactions, as well as being a pillar for encrypted messaging The connection between Telegram’s crypto wallet service in France and…
September is historically one of the worst months for Bitcoin (BTC) and the cryptocurrency market. This year, however, the oldest digital asset bucked the trend, rising by over 7% and defending the psychological level of $60,000. The lack of a clear direction for another consecutive month caused investor activity to decline significantly, and with it, the volumes of the top 10 largest crypto exchanges. On average, they shrank by 20%. According to the latest analysis by Finance Magnates Intelligence, the total spot volume for the 10 largest centralized exchanges in September was $715 billion, falling by one-fifth from the level…