Author: NBTC
Dutch crypto exchange Bitvavo has partnered with Nasdaq to monitor the markets for signs of illegal activity. EU-regulated cryptocurrency exchange Bitvavo said in a press release today, July 31, that it will use the Nasdaq Market Surveillance tool in an effort to detect and investigate “suspected market abuse.” Under the agreement, the Amsterdam-headquartered crypto exchange plans to get trading insights and visualizations as well as “replay its order book” with a “consolidated audit trail” across multiple listed assets, and interrogate “suspicious activity through a wide range of alerts.” The exchange also plans to use the tool to create reports that…
Kroma, a Superchain-based optimistic rollup using zkEVM technology, has recently unveiled its exclusive validator mechanism. The release of Kroma’s exclusive project permits the holders of Kroma Guardian House NFT and $KRO token to improve network security. The company took to its official account on the social media platform X to disclose this development. Introducing Kroma’s New Validator SystemKroma’s new validator system introduces $KRO-based incentives, allowing $KRO token and Kroma Guardian House (KGH) NFT holders to enhance network security.Highlights:• Validators deposit $KRO tokens to submit and validate outputs.•… pic.twitter.com/BpebHGwjfc — Kroma (✳️_✳️) (@kroma_network) August 1, 2024 Kroma Releases a New Validator…
Analyst Josh of Crypto World took to his latest analysis and revealed that Bitcoin is still showing a short-term bearish signal, repeating its past price movements. He said that over the last day, nothing major has changed. Examining the daily Bitcoin chart, he saw that the DXY (U.S. Dollar Index) is trending upwards, forming higher lows and highs, indicating a bullish trend for the DXY but bearish for Bitcoin in the short term. This pattern has been consistent since Bitcoin was around $67,000. When the DXY trends upwards, it usually means bearish momentum for Bitcoin, and vice versa. Short-Term Bitcoin…
NodeMonkes led the non-fungible token (NFT) sales chart on Thursday, with a sales performance of US$660,965. The collection attracted 70 unique buyers and 72 sellers while logging an average price of US$7,426 per NFT. NodeMonkes’ historic sales volume is now US$252.78 million, ranking it 26th in the all-time list. It stands less than US$3 million away from Vee Friends, the 25th collection on the list. NodeMonkes is the leading collection on Bitcoin. The second-ranking collection for the day was KenduChad, a newly launched collection on Ethereum that debuted with US$574,453 in sales from 349 unique buyers. DogeZuki Collection on Solana…
According to IntoTheBlock data, Ethereum, the second largest cryptocurrency by market capitalization, is seeing a 449.03% surge in large transaction volume, which denotes whale activity. Large Transaction Volume estimates the total amount transacted by whales and institutional participants on a particular day. Spikes in Large Transaction Volume indicate increased activity among institutional players – either buying or selling. In this case, Ethereum reported $10.77 billion in large transaction volume over the last 24 hours, equivalent to 3.24 million ETH in crypto terms. Ethereum whale transactions seem to be skyrocketing as spot ETF hype becomes evident on-chain. The past week saw…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Solana has outperformed all expectations in the aftermath of the FTX black swan event, which saw the price of its native token plunge to single digits. Now, it stands as far more than the unlikely underdog. With VanEck’s recent filing for a Solana (SOL) exchange-traded fund, Solana is knocking on the doors of the big leagues. You might also like: Crypto needs to move away from crypto addresses | Opinion But what makes Solana so powerful that…
On July 30, U.S. Senator Bill Hagerty appeared on Bloomberg TV and shared his thoughts on the future of Bitcoin and other cryptocurrencies in the United States. Senator Hagerty is a U.S. politician serving as the junior United States Senator from Tennessee since January 3, 2021. He is a member of the Republican Party. Before his election to the Senate, Hagerty served as the U.S. Ambassador to Japan from 2017 to 2019, appointed by President Donald Trump. His background includes a career in business, having worked in private equity and investment banking, as well as holding positions in government and…
Crypto exchange Bitbank is gearing up for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval to go public. Bitbank Inc., a Japanese crypto trading platform, is seeking to go public as part of its strategy to expand its market presence and capitalize on the growing interest in digital assets in Japan. According to a regulatory filing published today, July 31, the trading firm wants to go public on the Tokyo Stock Exchange, although the timing and specifics of the public offering remain uncertain as they are subject to regulatory…
STC Bahrain telecommunication company has recently announced the launch of its exclusive layer 1 blockchain network named “Intersect” on Avalanche. The new project of stc Bahrain on Avalanche plays a crucial role in assisting organizations and consumers in the region, promoting a climate adequately suitable for digital transformation and Web3 innovation. Both Avalanche and stc Bahrain disclosed this development on their official social media accounts. Today @stc_bhr announced the launch of Intersect, a new Avalanche L1 that creates a pivotal entry point for new users and organizations in the Middle East to start building in Web3.stc Bahrain’s launch of @0xintersect…
The US Gross Domestic Product (GDP) numbers rose by 1.4% quarterly, meeting market expectations. Additionally, the Core Personal Consumption Expenditures (PCE) inflation fell to 2.6%, also meeting analysts predictions. A third important market data was the jobless claims, as the initial claims came below the estimates, while the continuing claims went above the expected. Experts shared with Crypto Briefing that this paints a positive landscape for crypto. Jag Kooner, Head of Derivatives at Bitfinex, explains that the slowdown in GDP growth suggests a potential economic cooling, and this could impact investor sentiment. Consequently, this sentiment shift may lead to increased…