Author: NBTC
CryptoQuant revealed that cryptocurrency exchange trading saw its largest volume since March 2024. According to the firm, approximately $7.7 billion USDT was sent to Binance and over $4 billion USDT to Coinbase. CryptoQuant highlighted exchange activity after last week’s US presidential election. The analytics company implied that the Republican candidate’s win renewed investor demand for digital assets. Crypto exchanges record increased activity after US presidential election CryptoQuant highlighted that increased USDT in circulation meant higher exchange liquidity and trading activity. The firm noted the increased inflows corresponded with activity from investors after the Republican candidate won. They added that Coinbase…
Yes, the tacky ones with famous one-liners are fine, and so are the conference hand-outs. I, too, collect relics from crypto tragedies, holding on to my BitInstant and BlockFi t-shirts for posterity. But, let’s be honest. Who wears these kinds of things in public? When it comes to Bitcoin clothing, I still want something that fits into my day to day. Something that, you know, looks like streetwear, but that won’t attract attention, unless someone is really in the know. Sadly, this is easier said than done. That’s why when I was at the Lugano Plan B conference last week,…
HashKey’s Xiao Feng believes Trump’s crypto stance may prompt China to accelerate its adoption of cryptocurrencies. U.S. President-elect Donald Trump’s pro-crypto policy may eventually prompt China to reconsider its stance on digital assets, HashKey Group chairman Xiao Feng told the South China Morning Post in an interview. Xiao suggested that a clear commitment from Washington to promote the cryptocurrency sector could accelerate Beijing’s timeline for adopting crypto businesses. Despite China’s ban on crypto trading, mining, and initial coin offerings, Xiao believes that geopolitical factors, including the U.S.-led sanctions on Russia for its invasion of Ukraine could encourage a shift in…
Charles Hoskinson, Cardano’s founder, may have misjudged his community’s sentiment when he launched a poll asking if he was “a cancer” to the blockchain. The poll, prompted by recent criticism, backfired spectacularly, revealing a near-even split in opinion and exposing deep divisions within the Cardano ecosystem. For context, the controversy began when X user “Dclay” posted a critical message questioning Hoskinson’s role in Cardano. The tweet asked if Hoskinson was indeed “the cancer” of Cardano and speculated on what the blockchain might look like without him. The criticism quickly gained traction within the Cardano community. In response, Hoskinson created a…
Revolut X, a stand-alone crypto exchange launched by neobank Revolut, is now available for customers across 30 new European countries. London-based fintech giant Revolut is expanding its standalone crypto exchange Revolut X across dozens of new countries in the European Economic Area in a bid to broaden its reach in the crypto space. In a Nov. 13 press release shared with crypto.news, Revolut said the exchange will now be available in 30 new countries across EEA to position Revolut X as a “competitive platform” for crypto traders. Revolut’s head of product – crypto exchange, Leonid Bashlykov, called the expansion an…
A decade-old interview with financial commentator Max Keiser has resurfaced, highlighting one of the earliest public predictions of Bitcoin reaching $1 million. The 2013 forecast, based on Bitcoin’s potential share of the global forex market, offers an interesting historical perspective on early cryptocurrency price projections. ✨ Max Keiser predicting a $1 million #Bitcoin price, 11 years ago today. True at $200, true at $70k 🚀 pic.twitter.com/ArssX13psy — The Bitcoin Historian (@pete_rizzo_) October 29, 2024 Early Vision of Bitcoin’s Revolutionary Potential Speaking during Bitcoin’s early years, Keiser characterized the cryptocurrency as a “currency of resistance,” emphasizing its potential to enable independent…
Scott Bessent, a strong advocate for crypto, particularly Bitcoin, has an 88% probability of becoming the next Treasury secretary under a second Trump administration, according to prediction platform Polymarket. FOX Business journalist Eleanor Terrett described Bessent as a “very pro-crypto” figure. He believes that “the crypto economy is here to stay,” and that crypto “fits very well with the Republican Party.” “I think everything is on the table with Bitcoin,” Bessent said in a statement shared by Terrett. “One of the most exciting things about Bitcoin is that it brings in young people and those who have not participated in…
TRON DAO launched TRON-Peg USD Coin to enable seamless cross-chain transfers of USDC. The TRON-Peg USD Coin provides free cross-chain transactions with real-time transparency of reserves. TRON DAO has officially launched the TRON-Peg USD Coin (TRC-20 USDC), a cross-chain stablecoin solution designed to facilitate seamless transactions between the Ethereum and TRON blockchains. This launch expands the stablecoin ecosystem of TRON and gives users increased efficiency in the cross-chain transfer of USDC, thus opening up more ways to use USDC within the TRON ecosystem. Through the bridging of USDC across both the Ethereum and the TRON networks, TRON DAO seeks to…
Upbit, a leading global cryptocurrency exchange, will expand its USDT market with the addition of 12 new digital assets on November 13, 2024. Upbit Expands USDT Marketplace with 12 New Digital Assets The new listings include Adventure Gold (AGLD), AhaToken (AHT), ARPA (ARPA), Astar (ASTR), Bancor (BNT), MultiversX (EGLD), Filecoin (FIL), LumiWave (LWA), NEAR Protocol (NEAR), Orchid (OXT), Radworks (RAD), and Stellar Lumen (XLM). Trading is expected to begin at 4:30 PM. Digital Assets Overview AGLD (Adventure Gold): Utility token for governance in the Loot NFT project, a decentralized platform for virtual fantasy adventurers. AHT (AhaToken): Utility token that rewards…
Venture capitalist and crypto veteran Chris Burniske believes Bitcoin (BTC) may be just days away from a massive breakout. Burniske says on the social media platform X that Bitcoin could have an explosive move in November, suggesting that the monthly timeframe chart of the flagship digital asset is turning bullish. “If BTC were to have ‘one of those candles,’ November would be a good candidate month… I mean… c’mon.” Source: Chris Burniske/X Looking at his monthly chart, Bitcoin is trading above multiple simple and exponential moving averages, which have acted as support in prior bull market cycles. In technical analysis,…