Author: NBTC
Bitcoin price moves sideways as altcoins take the lead. LidoDAO price pumps over 185% due to Grayscale LDO Trust products. Chainlink (LINK) price pumps alongside LDO. Bitcoin price continues to waver just below and above the $100,000 price target after having hit $102,000, a price close to the pioneer crypto asset’s previous ATH of $103,900.47. While BTC dominance fell, altcoin prices began to pump. One of the trending altcoins today is LINK which pumped in price alongside other altcoins like LidoDAO. LidoDAO (LDO) Price Pumps 185% In detail, LidoDAO’s volume soared over 185%, trading at $2.28, and now ranking among…
Revolut, a pioneering fintech firm, has announced a significant enhancement to its platform by integrating support for BNB transactions. This update, hailed by Changpeng Zhao (CZ), the founder of Binance, marks a notable milestone for cryptocurrency enthusiasts. CZ revealed the information shortly before its public announcement, indicating the rapid expansion of the BNB community. Contents hide 1 How Are Users Reacting to This News? 2 What Services Does Revolut Provide? How Are Users Reacting to This News? CZ’s revelation sparked excitement among users, many of whom expressed their enthusiasm on social media. He stated, “I just learned that Revolut listed…
The well-known Web3 ecosystem, Constellation Network has announced a new collaboration with the Common Crawl Foundation. The partnership includes the launch of a custom-built blockchain to develop the earliest-ever cryptographically protected and unchallengeable internet data archive to boost AI development and training. Constellation Network Offering a Distinctive Data Validation for AI Training Constellation Network brought to the front that its collaboration with Common Crawl unveils a unique method for the validation. It also enables secure access to seventeen years of internet data, encompassing 9 petabytes of data. As per the platform, eighty percent of the overall Large Language Models leverage…
(Author’s note: In this Take, I offer an interpretation of recent events in Guatemala through the lens of someone on the ground in the country.) On November 10, the X account for El Salvador’s Bitcoin Office posted the following meme: The meme that spread like wildfire in Guatemala. It seemed harmless enough. I know I didn’t think too much about it when I came across it. I remember laughing when I saw it and then just going about my day. However, a week ago, a colleague of mine, a prominent Guatemalan Bitcoiner, shared with me that the meme went viral…
XRP Ledger is all about efficiency, but there is more to it than that. It also has a unique mechanism called XRP burning. Every transaction, including those that involve Ripple’s upcoming stablecoin RLUSD, incurs a small fee in XRP. This fee is not put back into the system; it is permanently removed from circulation. While it is a pretty minor process – usually only around 0.00001 XRP – it does have broader implications for how the network is designed and how stable it is. The system is not set in stone. As a general rule, fees stay low, but during…
In an eye-opening case, Recently Kim Nam-guk, a former lawmaker from South Korea’s Democratic Party is accused of hiding his crypto wealth. Prosecutors have requested to the Seoul Southern District Court a six-month prison sentence for Kim on charges of intentionally hiding a large sum of cryptocurrency in his asset declarations to the National Assembly, which he is legally required to submit. The case shows South Korea’s zero tolerance for defaulters in crypto tax-related cases. The case is heating a crypto tax debate and how to tackle such cases in the current scenario where crypto assets are seen as a…
The distinction between AI hype and its actual applications in trading lies in the fact that much of what is marketed as AI is simply machine learning, a tool already used by financial firms for decades. Increased computing power has allowed smaller firms and individual traders to leverage data more effectively. As trading changes, liquidity providers, risk management strategies, and instruments like gold and cryptocurrency are becoming increasingly important. At the Finance Magnates London Summit 2024, Elina Pedersen, Chief Revenue Officer at Your Bourse, shared her perspectives with Yam Yehoshua, Editor-in-Chief, Finance Magnates, on key trends shaping the trading landscape.…
PoP Planet has announced an exciting partnership with DeTrip. It is a groundbreaking development for crypto and travel enthusiasts. Through this advancement, PoP Planet solidifies its commitment to innovation in the decentralized ecosystem. The partnership coincides with the launch of PoPP Dapp 3.0. The updated Dapp is now live and ready to deliver enhanced functionality for users worldwide. 🚀 Partnership Announcement 🚀📣PoPP is thrilled to announce a partnership with @detrip_travel!PoPP Dapp 3.0 is Now Live!👉https://t.co/WwYXl7Ww0L🐧@detrip_travel offers access to over 2.4 million hotels worldwide and supports payments in 160+ cryptocurrencies.➡️ Book… pic.twitter.com/dLqacvanX0 — PoP Planet | Fanatic Recruitment🔥 (@Hi_PoPPOfficial) December 19,…
Bitcoin surpassed the long-awaited $100,000 milestone on Thursday morning, hitting an all-time high of $103,900 during US trading hours, according to CoinGecko data. The historic climb followed brief concerns earlier in the day when a large amount of Bitcoin was transferred to exchanges, sparking fears of an impending sell-off. But those concerns were short-lived as Bitcoin quickly surged past the six-figure mark. Market analysts suggest that Bitcoin’s price is unlikely to drop below $100,000 in the short term, citing strong buy demand. “The order book shows strong support at $100,000 with over 4,600 BTC in buy orders,” said BRN analyst…
Avalanche has launched its new update Avalanche9000, after raising 250 million dollars from the private sale of locked-token. Leading the funding were Galaxy Digital, Dragonfly, and ParaFi Capital. Avalanche: the 250 million dollar fundraising and the launch of the Avalanche9000 update Avalanche and the Avalanche9000 update: the novità The price of AVAX Avalanche: the 250 million dollar fundraising and the launch of the Avalanche9000 update Avalanche announced that it raised 250 million dollars from a private sale of locked-token, led by Galaxy Digital, Dragonfly, and ParaFi Capital. From here, the crypto company then launched its Avalanche9000 update. Avalanche announces a…