Author: NBTC
Binance added 17 memecoins in 2024, with strong gains across most tokens and diverse blockchain representation. Memecoin market cap on Binance exceeds $100 million, highlighting growing interest and adoption in crypto communities. According to crypto enthusiast Ai, Binance has emerged as a key participant in the memecoin market by 2024, with 15 memecoins listed for futures and spot trading. Of these coins, eighty percent have seen a notable market cap increase following platform listing this year alone. Especially after its Binance launch, NEIRO’s value shot an incredible 7,594% to grab the interest of the crypto community and show the great…
This week, the cryptocurrency market saw a notable surge following a strong Republican victory in the U.S. elections, with Donald Trump securing a second term. Bitcoin (BTC) reached a fresh all-time high, climbing above $77,000 on Friday as renewed optimism flooded the market. This upward momentum has boosted Bitcoin and spurred growth across the broader crypto market, elevating major altcoins and setting some on a path toward key market cap milestones. In light of this rally, Finbold has identified two altcoins, Avalanche (AVAX) and Dogecoin (DOGE), that exhibit strong potential to reach a $50 billion market cap by the end…
Former president Donald Trump is set to return to the White House in January after winning the election on Tuesday. During the campaign, Trump made several promises to the crypto community, one of which was to fire the U.S. Securities and Exchange Commission (SEC) chairperson Gary Gensler on the first day of his presidency. Around six merger advisers and venture capitalists believe Trump will follow through on his promise to axe Gensler, who has used regulation through enforcement for years. Experts also believe that Trump could pave the way for more favorable crypto regulations. In light of these forthcoming changes,…
This is a segment from the Empire newsletter. To read full editions, subscribe. On this day in 2022, FTX filed for Chapter 11 bankruptcy. With Sam Bankman-Fried and two of his executives in prison, we’ve made some headway since that awful November that almost destroyed crypto. But FTX itself is still in bankruptcy proceedings, though the process is set to come to an end fairly soon… hopefully. That’s not stopping the estate of the former exchange from going after other entities in the space, however, as we saw on Sunday when FTX filed a lawsuit against Binance and its former…
Bitcoin flipped its seven-month resistance of $73,700 on Tuesday following increased buying pressure. Bitcoin has again confirmed its positive October sentiment as it aims to set a new all-time high for the second time in 2024. Bitcoin’s ploy for a new all-time high follows Donald Trump’s Polymarket odds on the 2024 election reaching new highs. Bitcoin (BTC) is trading around $72,200 on Tuesday as it attempts to close October by setting a new all-time high. Such a move will strengthen the ongoing trend of October being the month with the best returns for the top cryptocurrency in recent years. Bitcoin’s…
Cardano founder Charles Hoskinson recently returned to social media with a compelling message that outlines his vision for Cardano and its potential. In his first major tweet since a brief hiatus, Hoskinson described Cardano as “a decentralized ecosystem of blockchain technology, smart contracts, and community governance committed to improving economic, political, and social systems for everyone, everywhere.” Cardano is a decentralized ecosystem of blockchain technology, smart contracts, and community governance committed to improving economic, political, and social systems for everyone, everywhere.By offering this foundational infrastructure, we empower individuals and communities… — Charles Hoskinson (@IOHK_Charles) November 9, 2024 Hoskinson went on…
Qatar’s framework provides strong legal backing for crypto innovation. New rules invite firms to join Qatar’s regulated digital market. Qatar’s strategy positions it to rival the UAE in digital asset Lucue, the Shiba inu’s marketing lead has just recently posted on X that Qatar is rolling out a comprehensive regulatory framework for digital assets, aiming to position the country as a global hub for Bitcoin and crypto companies. Qatar is rolling out a comprehensive regulatory framework for digital assets, aiming to position the country as a global hub for Bitcoin and crypto companies. — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 8, 2024 The…
The growing momentum on the cryptocurrency market as Bitcoin approaches the $90,000 mark is reflected in the Coinbase app’s recent ascent into the top 70 of the App Store’s global rankings. In the past, Coinbase’s app store popularity has been directly correlated with the performance of Bitcoin; when BTC increases, both new and returning investors who want to profit from the rally frequently download the app. This increase in the App Store ranking is a precursor to growing consumer interest, which is a major factor in long-term cryptocurrency rallies. When Bitcoin is rising, more people usually want to buy in…
Bitcoin surged past $71,000, marking its highest price in over seven months. Michael Saylor, MicroStrategy chairman, reiterates Bitcoin’s potential with “Bitcoin to the Moon” post on X. Saylor offers Microsoft a $1 trillion growth plan, urging Bitcoin as a reserve asset. In the latest market activity, Bitcoin has surpassed the $71000 price seen more than seven months ago. This has stirred debate among market investors and analysts concerning the increasing value of Bitcoins. MicroStrategy’s chairman Michael Saylor used the image of himself in a spacesuit, holding the Bitcoin icon with positive sentiments in the X social media platform regarding the…
Solana’s on-chain trading ecosystem is generating surprisingly high revenues. That’s because of the network’s unique architecture and the possibilities it affords traders. As a sector in its own right, Solana trading-linked activity is the third most profitable financial category in crypto, behind stablecoins and layer 1s. There’s a lot of money to be made in providing infrastructure for Solana on-chain markets. That’s according to David Duong and David Han, head of institutional research and institutional research analyst at crypto exchange Coinbase, who made the case in a Friday report that, if one looks at Solana’s on-chain trading ecosystem as a…