Author: NBTC

Bybit CEO Ben Zhou said that mainland Chinese users can use a virtual private network to trade crypto on the platform, though it will not support yuan trading any time soon. According to a report by South China Morning Post, co-founder and CEO Ben Zhou announced in a media briefing on Dec. 3 that the platform has no intentions of accepting China’s local currency. Though, he said Chinese citizens can access the platform to trade overseas or through VPN. “What the Chinese government dislikes the most about crypto is that it can facilitate capital outflow. So we won’t touch this…

Toronto, Canada – Andromeda, the innovative Web3 operating system, has announced a strategic partnership with Deep3 Labs to bring cutting-edge AI models to its decentralized platform. This collaboration will empower developers to enhance functionality, security, and user experience in Web3 applications by seamlessly integrating advanced AI-driven tools into AndromedaOS (aOS).—AI-Powered Solutions for Web3 DevelopersDeep3 Labs is known for its expertise in AI and machine learning, offering a suite of products designed to optimize Web3 applications. Notable models include HODL-C1 and StakeSage-C for advertising and decision optimization, DeepShield for real-time security threat detection, and CLUSTR-1 for advanced trading analytics. These models…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.24% today against the US Dollar Bitcoin is currently trading 11.93% below our prediction on Oct 19, 2024 Bitcoin gained 7.98% in the last month and is up 141.01% since 1 year ago BTC price is expected to rise by 17.74% in…

A smart whale recently sold 22,726 $SOL, worth approximately $3.86 million, at a price peak, according to Lookonchain. This smart investor has a history of buying Solana ($SOL) at lower prices and selling during market highs. It shows a clear strategy of capitalizing on price fluctuations. A smart whale sold 22,726 $SOL($3.86M) at a price peak 3 hours ago.This smart money always buys $SOL at low prices and sells at highs. He currently holds 20,000 $SOL($3.33M), with a total profit of over $2.5M!https://t.co/e3Pgb1aMQq pic.twitter.com/n3AbKFpf24 — Lookonchain (@lookonchain) October 21, 2024 Smart Whale Profits Over $2.5M from Solana Trades It happened…

Brad Garlinghouse, CEO of Ripple, expressed strong support for President-elect Donald Trump’s nomination of Paul S. Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC). In a post on X, Garlinghouse called Atkins “an outstanding choice” and praised his potential to reshape the agency’s approach to digital assets. Ripple CEO Reacts to Trump’s SEC Chair Pick “Atkins at the helm of the SEC will bring common sense back to the agency,” Ripple‘s Garlinghouse wrote. He added, “Along with Hester Peirce and Mark Uyeda, it’s time to swiftly and definitively end the prohibition era on crypto, restoring…

PEPE coin surged over 7% after Binance.US, the American subsidiary of the leading crypto exchange Binance, revealed that it will list the popular meme coin on its platform, CoinGecko data shows. PEPE traded at approximately $0.000022 at press time, showing a 11% increase over 24 hours, with a market cap of $8.8 billion. According to Binance.US’s announcement, deposits for PEPE are now open, and trading for the PEPE/USDT pair will start on December 5, 2024, at 6 AM EST. PEPE will join Binance.US’s growing list of meme-inspired investment offerings. The exchange currently supports major tokens like DOGE, SHIB, and BONK.…

Jeju, South Korea’s special self-governing province, has announced plans to implement digital payments for cross-border transactions. The province included the digital payments initiative in its “Jeju AI and Digital Transformation Roadmap.” According to a recent announcement, the roadmap aims to revolutionize Jeju into a cashless international city. Under the new plan, Jeju will enable digital asset-based cross-border payments with neighboring countries like China and Japan. The system will allow digital assets, including Bitcoin, to convert into Jeju’s regional currency for local use, streamlining transactions. It is important to note that the recent proposal is one of Jeju’s numerous pro-cryptocurrency activities,…

A cryptocurrency analyst predicted that Bitcoin would reach an all-time high of $73,794 this quarter. In his podcast, Thinking Crypto, the analyst highlighted various indicators that suggested a momentum build-up in the crypto market. Bitcoin has maintained a bullish outlook despite failing to fulfill most crypto users’ expectations in October. At the time of writing, the BTC was trading at $64,103, having recorded a 30% recovery from its pullback from its March all-time high. The flagship crypto dropped below $50,000 in August but has gained bullish momentum. Read also: Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains The analyst…

Shibarium stunned the community earlier, as transactions on the layer-2 blockchain network skyrocketed significantly over the weekend. Per data from Shibariumscan, the layer-2 transactions moved from 3,690 on Oct. 17 to a high of 324,590 as of Oct. 19. Unusual Shibarium transaction trend still on As observed on-chain, the Shiba Inu scaling solution retains the massive transaction boom on-chain. While it has dropped from the current high printed on Oct. 19, the daily transaction comes in at 128,050, marking a 3,370% jump in a matter of days. It remains unclear what boosted this massive transaction boom. However, it underscores how…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. When Coinbase CEO Brian Armstrong speaks, the crypto industry tends to listen. His recent X post reminded me of what Twisted Sister first sang out in 1984: “We’re not gonna take it anymore.” (I would only hear this years later, after my birth). If you didn’t see, here’s the post: You see that Armstrong called out the hire of Gurbir Grewal, who had been the SEC’s enforcement division director since 2021. He departed the agency in October and later that month joined the litigation and arbitration…