[ad_1] Hacker Indian crypto exchange WazirX’s latest move has users furious: either support new DEX plan or sit tight for five years to get their money back. Indian crypto exchange WazirX, which lost hundreds of millions in customer funds in a 2024 hack, is making waves again. This time, over a restructuring plan that’s sparking outrage among users. In an X post on Tuesday, Feb. 4, WazirX laid out a “breakdown of what happens” depending on whether the community backs its proposal. Urging users to “understand what to expect in both scenarios,” the exchange is essentially offering users two options:…
Author: NBTC
[ad_1] Bitcoin enters the 6th consolidation range, signaling potential breakout or deeper correction. Institutional ETF outflows rise while whales accumulate over $2.1 billion worth of Bitcoin. Key support at $92,118; traders watch for breakout above $96,397 resistance. Bitcoin—BTC, has now entered the 6th consolidation range of this market cycle, adding to the intrigue. Previous ranges have followed a predictable pattern—sideways price action, misleading fakeouts, and eventual breakouts. Many traders believe history may repeat itself, with a massive move likely on the horizon. Yet, the growing fear in the market, alongside price declines, raises questions about what lies ahead. Will Bitcoin…
[ad_1] Ethereum (ETH) continues to perform poorly against Bitcoin, with data showing that ETH has fallen by 70% against BTC since the merger. While analysts expected the September 2022 Merge upgrade to be good for ETH, more than two years later, Ethereum’s performance tells a different story. Bitcoin has gained approximately 160% in value against Ethereum since Mertge. While Ethereum’s failure to meet expectations and its weak performance against Bitcoin increased concerns about ETH’s market position, Alphractal CEO Joao Wedson announced important data regarding Ethereum. Noting that long-term Ethereum investors have reduced their positions since the Merge, Wedson said that…
[ad_1] Telcoin has received approval for its Digital Asset Depository Bank Charter in Nebraska This positions Telcoin as one of the first federally regulated digital asset depository banks in the USA With this charter, Telcoin can now issue stablecoins and hold deposits at a Federal Deposit Insurance Corporation. In a landmark decision, the Nebraska Department of Banking and Finance has given the green light to Telcoin, Inc., allowing it to become one of the first federally regulated digital asset depository banks in the United States under the Nebraska Financial Innovation Act (LB 1074, 2024). Source: Nebraska Department of Banking and…
[ad_1] VeChain’s immutable data tracking ensures real-time monitoring and secure records, boosting stakeholder confidence and operational reliability. SolarWise has implemented VeChain technology at its first solar farm in Paraná, with plans for a DApp offering real-time energy data and predictive analytics. VeChain is now revolutionizing the solar energy industry in Brazil through blockchain integration. SolarWise, a renewable energy firm, has adopted VeChain’s blockchain capabilities to track data in a precise and immutable manner for its energy production operations. This innovative approach will redefine transparency and efficiency in the industry. How VeChain’s Technology Aids Brazil’s Solar Energy Sector The VeChain technology…
[ad_1] Global cryptocurrency exchange KuCoin has announced the listing of Berachain (BERA) on its spot trading platform. The BERA/USDT trading pair will go live on February 6, 2025, at 13:00 UTC. Deposits are already open via the BERA Mainnet, and withdrawals will be available starting February 7, 2025, at 10:00 UTC. More Than Just Spot Trading In addition to spot trading, KuCoin is introducing Margin Trading, Futures Trading, Convert, Savings, and Fast Trade services for BERA. This expansion provides more opportunities for traders and investors to engage with the token. The launch will also include trading automation tools, like Spot…
[ad_1] Veteran market trader Peter Brandt agrees the ongoing Bitcoin turbulence could be a bear trap, but stresses how unreliable charts can be. Bitcoin’s recent slump has triggered multiple analyses, with differing opinions on its future trajectory. Renowned market expert Peter Brandt drew attention to the price drop, but suggests it might be a bear trap rather than a sign of prolonged bearishness. Bitcoin Drop to $73K Possible but Not Certain Notably, Brandt rooted his initial analysis in Bitcoin’s historical behavior during similar patterns, with a focus on the potential formation of a Head and Shoulders (H&S) pattern on the…
[ad_1] Ethereum (ETH), the flagship alternative cryptocurrency, hit a new all-time high of $38 billion in spot volume on Monday, according to data provided by David Lawant, the head of research at FalconX. Bitcoin (BTC) also recorded its third-highest day at $49 billion. The price of ETH collapsed to an intraday low of $2,125 on Monday before recovering to $2,879. The flagship altcoin recorded a stunning 27% candle amid full-blown crypto market mayhem. Notably, US-based spot Ethereum ETFs also saw record-breaking trading volumes on Monday, according to analyst Nate Geraci. According to the data published by SoSoValue, these products attracted…
[ad_1] This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. President Trump on Saturday issued promised tariffs on three of the US’s biggest trading partners, sending global markets into a tailspin as investors tried to position themselves for a trade war. The higher fees initially were supposed to take effect just after midnight, but the White House said Monday it reached a deal with Mexico to delay the tariffs by one month. Trump also said he has spoken with Canadian PM Justin Trudeau and will do so again at 3 pm ET. Volatility is the…
[ad_1] The world’s largest cryptocurrency exchange Binance has introduced the seventh altcoin for its Binance HODLer Airdrop program and announced it as Berachain (BERA). Binance later added that it will list Berachain (BERA) on 06.02.2025. “Binance is excited to announce that the seventh project in the Binance Airdrops program is Berachain (BERA). Users who subscribe their BNB to Simple Earn products between 00:00 (UTC) on 22.01.2025 and 23:59 (UTC) on 26.01.2025 will receive the Berachain (BERA) airdrop distribution. Binance will then list BERA on 06.02.2025 13:00 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. Seed…