Author: NBTC
Binance has announced the addition of two new trading pairs and the launch of Trading Bots services to enhance user experience on its spot trading platform. Binance to Launch New Trading Pairs and Trading Bots Services on December 19, 2024 Starting from 11:00 on December 19, 2024, users will be able to trade the following pairs: 1000CAT/USDC PENGU/USDC New Trading Bots Services At the same time, Binance will also enable Spot Algo Orders for these pairs, allowing users to automate and optimize their trading strategies. Special Promotion on USDC Trading To celebrate the launch, Binance is offering a special promotion:…
Following Bitcoin’s (BTC) flash crash below $100,000, new price levels are emerging that could potentially anchor the asset to reclaim its six-figure valuation. According to on-chain data analysis, the most significant support zone to monitor is at $96,870, where 1.45 million addresses collectively hold approximately 1.42 million BTC, as per data shared by a prominent cryptocurrency analyst, Ali Martinez. This analysis identified this position as the ‘In the money’ zone, signifying that these holders are currently in profit. The high demand at this price level suggests strong buyer interest, which could prevent Bitcoin from falling further. Additionally, Bitcoin is encountering…
DuckChain joins forces with major crypto players to drive the next wave of decentralized applications and announces the Yellow Duck Mission hackathon. Leading investors, including dao5, Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate.io, and Presto, participated in the $5 million financing round for the TON ecosystem layer-2 project DuckChain. As DuckChain works to improve the TON blockchain’s scalability and functionality, this funding represents an important turning point for the project. This funding will help the project improve its EVM compatibility, and DuckChain will be able to attract new users from other blockchain communities, bring…
Charles Hoskinson, the creator of Cardano (ADA), has stirred the social media space and community members with an intriguing post. Taking to X, where he has over 1 million followers, Hoskinson updated the community of a meme coin “ace” up his sleeves. Hoskinson’s mysterious pet sparks speculation According to the Hoskinson post, he could trigger the next big meme coin revolution if he wanted to, as he has the right animal that could spark global interest. Hoskinson explained that this animal, possibly a pet, possessed all the adorable features that drive a meme coin. “I own an animal so memeable…
Bitcoin’s price dropped below $100,000 after a 4% decline over 24 hours, just as the U.S. Securities and Exchange Commission (SEC) gave its approval to Hashdex and Franklin Templeton’s spot BTC/ETH combination exchange-traded funds (ETFs). Ethereum’s price saw an 8.4% decrease during this period. The SEC announced on December 19 that it had authorized Hashdex and Franklin Templeton to list their BTC-ETH investment products on the Nasdaq stock market and Cboe BZX Exchange. These new offerings are named Hashdex’s Nasdaq Crypto Index US ETF and Franklin Crypto Index ETF. These ETFs will track spot prices of Bitcoin and Ether. Franklin…
In a thrilling move for the memecoin sector, CryptoPia has announced a new partnership with Jump.fun. The partnership targets to redefine the launch, deployment, and trading of meme coins in the DeFi sector. The platform disclosed this remarkable development on its official social media account. 🎉 Exciting Partnership Alert! 🎉 We’re thrilled to team up with @jumpdotfun, the ultimate memecoin launchpad! 🚀https://t.co/5Kjz2vWnY9 brings:One-Click Deployment for instant launchesLiqWar Mode: Battle it out in liquidity with a chance for massive gains (3 wins = 64x price… pic.twitter.com/sPqc33YmvS — CryptoPia (@Cryptopia_world) December 13, 2024 CryptoPia Partners with Jump.fun to Simplify Memecoin Launching Process…
In a recent Twitter community space, Binance Co-founder He Yi revealed that only a few meme coins will survive, despite the numerous memecoin projects seeking or achieving listings on Binance. Yi also clarified that being listed in Binance Alpha does not guarantee eventual listing on Binance. Yi stated, “A few memes will survive, but most will return to zero. Whether it is VC coins or memes, Binance has a list of hundreds of hot projects, but some projects have issues with their token economic models, and some platform data is inflated.” She also highlighted the risks associated with certain memecoin…
Vancouver Mayor Ken Sim wants Bitcoin on the table as a serious contender in the city’s financial strategy. He proposed Vancouver explore Bitcoin as a reserve asset to diversify its financial reserves and protect the city’s purchasing power. His proposal will be reviewed by the Vancouver City Council on December 11. Sim’s motion, “Preserving the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming a Bitcoin Friendly City,” is being pitched as a forward-thinking move in an economy he says is riddled with uncertainty. During a council meeting, Sim made his case loud and clear. He told council members…
Ordeez bridges Bitcoin and NFTs with ordinal derivatives for enhanced security. Ordeez preserves NFT attributes, ensuring authenticity and preventing counterfeiting on Bitcoin. Ordinals, the unique data inscriptions on the Bitcoin blockchain, are rapidly gaining attention in the crypto world. As this innovative concept evolves, projects enhancing its utility become focal points within the community. Ordinals allow users to inscribe arbitrary data, such as images, text, or even code, onto individual satoshis—the smallest unit of Bitcoin. This development has unlocked a new layer of creativity and functionality on the Bitcoin network, enabling use cases that extend beyond traditional financial transactions. The…
Coinbase has now overtaken two of the world’s largest securities exchanges in terms of transaction revenue, according to a crypto analyst from the private bank Coutts. The crypto exchange generated $5.75 billion in transaction revenue over the past 12 months, compared to just $4.54 billion for the Nasdaq, where many of the world’s most valuable companies, including Apple, Google, and Microsoft, are traded. Coinbase also surpassed the Stock Exchange of Hong Kong, the HKEX, which generated $2.67 billion over the past year, as well as Brazil’s Bolsa Balcão, which generated $1.81 billion. Keep in mind that these numbers are not…