Author: NBTC
Coinbase has added 34 tokens to its listing roadmap in 2024, with meme coins making up 20% of the total, reflecting the exchange’s cautious approach despite the meme coin craze. As a publicly traded company, Coinbase‘s 2024 strategy for listing tokens seems to reflect a more measured approach compared to its rivals, with a selective focus on high-market-cap meme coins and a preference for Ethereum (ETH) and Base (BASE) networks rather than Solana (SOL) or BNB Chain (formerly Binance Smart Chain). https://twitter.com/ai_9684xtpa/status/1866367898501206452 In an X thread on Dec. 10, an on-chain analyst under alias “ai_9684xtpa” revealed that in 2024, Coinbase…
Illegal cryptocurrency mining has become a significant issue in Paraguay, prompting concern among energy regulators. According to the National Electricity Administration (ANDE), this illegal activity is primarily responsible for rising electrical losses, which have now surpassed 28%. As the popularity of cryptocurrencies grows, so does the impact of unregulated mining techniques that deplete critical energy supplies. Scope of electricity losses Recent figures from the CEARE-BID consultancy for October 2024 demonstrate the significant impact of illegal mining on the national energy system. It suggests that these operations involve major theft of electricity, which contributes significantly to the increased trend in overall…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world we operate in is rapidly changing, and businesses are having to adapt swiftly. Following the global pandemic, many enterprise businesses were forced to look domestically as supply chains were hit and international trade became more challenging. This has been compounded by geo-political tensions, which have been impacting global supply chains. However, many supply chains have started to open up and are becoming increasingly strong as new technology unlocks borders, both physically and metaphorically. You might…
Aera Protocol, a platform offering autonomous, data-driven treasury management, has partnered with Seamless Protocol and Aerodrome to introduce an advanced approach to liquidity management on Coinbase’s Layer 2 blockchain, Base. The collaboration focuses on deploying Protocol-Owned Liquidity (POL) strategies, utilizing automation to enhance liquidity management for decentralized organizations. Protocol-Owned Liquidity (POL) refers to liquidity held and managed directly by DeFi protocols or DAOs rather than relying on third-party providers. POL ensures a consistent token availability, POL reduces slippage and encourages deeper market participation. “We are enabling DAOs and leading DeFi projects to automate and optimize their liquidity strategies in a…
Ethereum ($ETH) has recently surpassed Mastercard in market capitalization. Ethereum’s market cap touched $485 billion, just ahead of Mastercard’s $484 billion. This landmark signifies how Ethereum is slowly becoming an important player in the financial industry. However, this win was short lived and it fell below $480 billion quickly. Ethereum Hits $3,950, Up 38% in 30 Days The price is $3,950 for Ethereum, which also shows a dynamic increase. ETH has also gone up by 38% in the last 30 days. This came at a time when the overall market for cryptocurrencies had a very robust run up. Demand is…
Binance, a leading cryptocurrency exchange, has announced the activation of several new trading pairs as well as Trading Bot services on its Spot platform. Binance Expands Spot Trading Options and Introduces New Trading Bot Services These updates aim to increase trading flexibility and improve user experience. New Trading Pairs Binance will make the following trading pairs available starting at 11:00 AM on December 11, 2024: ACX/USDC, ORCA/USDC ACX/FDUSD, ORCA/FDUSD ACX/TRY, ORCA/TRY KSM/TRY, CELO/TRY Trading Bot Services To further improve trading efficiency, Binance will be enabling Trading Bot services for select pairs, including: Spot Grid and Spot DCA: ADA/EUR, DOGE/EUR, G/USDT,…
IQ, the platform that powers the IQ.wiki knowledge base, has recently announced an exclusive collaboration with XLink. As per IQ, the partnership aims to increase the accessibility of Bitcoin-related knowledge among the crypto community. 🔔Partnership announcement 🔔IQ goes live on the XLink website!🎯@XLinkbtc, a bi-directional bridge that enables asset transfers between Bitcoin and its Layer 2 solutions, now links to its wiki page on https://t.co/ZO5en08FdI making info more accessible than ever 💪🏼 Learn… pic.twitter.com/CPsuVXQAuZ — IQ (@IQWIKI) December 9, 2024 IQ and XLink Collaborate to Improve the Delivery of Dependable Crypto Information IQ disclosed that, with its collaboration with XLink,…
Crypto investor Dan Tapiero says that he sees massive incoming growth for one specific sector of the digital assets space. In a new interview with Real Vision’s Raoul Pal, Tapiero says that he thinks US-based decentralized finance (DeFi) could explode in size after previously being pushed outside the country due to hostile regulators. Tapiero, the founder of multiple venture capital firms in the space, says that institutions are on the edge of discovering just how small the DeFi world is compared to the rest of the financial markets. “So if I’m looking out over the next two years, the thing…
Ethereum’s breakout above $3,982 signals strong bullish momentum, breaking a key resistance after multiple failed attempts. The recent price surge and strong buying activity suggest Ethereum could see continued gains toward higher targets. Ethereum’s shift from neutral to positive market sentiment opens up the potential for significant price appreciation. Ethereum breaks above a crucial resistance level of $3,982 on the weekly chart, signaling strong bullish momentum. The price action shows that ETH broke through a horizontal resistance line after several failed attempts in the past. This shift indicates increased buying pressure and market confidence, pointing toward potential further gains. The…
Anatoly Yakovenko, the founder of Solana, commonly known as “Toly,” has shared his perspective on the key challenges related to the interaction between blockchain hardware and software. In his recent post on X, he pointed out that the core distinction between Solana’s approach and Ethereum’s lies in how they handle congestion. From Solana’s viewpoint, when global resources become saturated, relying on price discovery (i.e., raising transaction fees) is not an effective solution. Instead of depending on increased fees to manage congestion, Yakovenko emphasized the need to scale hardware to meet rising demand. If the software doesn’t permit validators to enhance…