Author: NBTC

The Korean altcoin market is seeing significant price discounts despite a recent rally. This has caught the eye of investors, potentially creating a buying opportunity in the coming weeks. According to Kaiko Research, altcoin prices on Korean exchanges have dropped compared to their global counterparts, making traders optimistic about a lucrative buying opportunity. The drop is the lowest since the FTX collapse, suggesting that Korean traders may have sold their holdings after two months of declining prices. VAUPA and Chinese Stimulus Measures Could Impact Korean Altcoin Prices Regulatory frameworks such as Korea’s Virtual Asset User Protection Act (VAUPA), market sentiment,…

By providing verifiable data on product origins, quality, and environmental impact, VeChain builds trust between businesses and consumers. Its technology also aids sustainability efforts through initiatives like VeBetterDAO, rewarding users for environmentally positive actions. VeChain, a renowned blockchain firm, is making waves in global trade while focusing on solving real-world problems like product authenticity, transparency, and sustainability with its VET token playing a major role. Moreover, VeChain’s blockchain solution ensures products are monitored from the production stage to the consumer. One of VeChain’s main areas of impact is supply chain management, as reported by CNF. It offers verifiable data on…

Options tied to BlackRock’s spot bitcoin ETF (IBIT) could set the stage for a GME-like gamma squeeze-led upside volatility in BTC. Amberdata says over the long run, institutions’ bias for yield-generating strategies could dampen volatility. One of the exciting developments from last week was the U.S. Securities and Exchange Commission’s (SEC) nod for approval and listing of physically settled options tied to BlackRock’s spot bitcoin (BTC) ETF, the iShares Bitcoin Trust (IBIT). There is consensus that the IBIT options, which still needs to be greenlighted by the Options Clearing Corporation (OCC) and the Commodity Futures Trading Commission (CFTC), will further…

The decentralized finance (DeFi) sector keeps displaying resilience, with many projects witnessing noteworthy growth in their Total Value Locked despite the wider market’s volatility. Phoenix, a well-known crypto analytics platform, has shared the list of the top DeFi projects in terms of weekly TVL growth, including $CGPT, $TRU, $AMU, $DF, $MOVE, $KP3R, $NOTE, $NEST, $THL, and $CETUS. The analytics provider disclosed the list on its official social media account. TOP PROJECTS BY WEEKLY #TVL GROWTH$CGPT $TRU $AMU $DF $MOVE #KP3R $NOTE $NEST $THL $CETUS $NAVX $RAY $TOKE $TURBOS $AERO pic.twitter.com/OUGOWy5AN0 — PHOENIX – Crypto News & Analytics (@pnxgrp) October 6,…

South Africa’s (SA) crypto sector has been on a tear over the past year. That’s according to an excerpt from an upcoming Chainalysis 2024 Geography of Cryptocurrency report. The piece shows that Africa’s largest economy drew roughly $26 billion in crypto values thanks to growing traditional finance (TradFi) adoption and institutional activity. Absa Group’s Rob Downes has weighed in on the TradFi-crypto connection that’s taken off in the country. He said: We are seeing growing interest from institutional clients, particularly around custody solutions for digital assets, which will play a crucial role in supporting the crypto ecosystem here. – Rob…

Bitcoin (BTC) took a major hit from geopolitical tensions in the Middle East, while altcoins faced an even deeper decline. While Ethereum (ETH) and other popular altcoins have fallen between 10-15% in the past week, Santiment pointed out that the three altcoins could make big moves amid fundamental developments and institutional interest. At this point, Santiment said that XRP, Aptos (APT), and Chainlink (LINK) have seen the most increases in discussions on social media as the markets try to recover. Noting that XRP, APT, and LINK have already attracted a lot of attention from investors, Santiment said that these three…

With only seven days left until the end of the month, this could be the most bullish September in terms of Bitcoin (BTC) price since the inception of the maiden cryptocurrency, particularly as it mimics last year’s moves despite traditionally trading in the red during this time. Specifically, Bitcoin has been moving very similarly to September 2023, including its higher lows laboring up toward the key level, and pushing beyond it could send BTC to a new all-time high (ATH) soon, according to the observations shared by crypto analyst Jelle in an X post on September 23. As it happens,…

Institutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new research by Nickel Digital Asset Management. 92% of respondents also foresee traditional financial institutions entering the sector with their own funds, driven in part by Blackrock’s successful BUIDL fund. Industry leaders predict this trend will transform the landscape for digital assets. Surging Interest in Digital Asset Funds Driven by Institutional Investors, Research Shows Nickel Digital Asset Management published its research on Thursday detailing that institutional investors and wealth managers foresee…

Over $200 million worth of cryptocurrencies will enter the market between October 7th and 13th from various blockchain projects, potentially impacting altcoin prices as the broader market grapples with a downtrend and rising geopolitical tensions in the Middle East. According to an X post by Token Unlocks, Aptos (APT), EigenLayer (EIGEN), Optimism (OP), Neon EVM (NEON), Cardano (ADA), and Mode (MODE) will unlock a total of $200 million in their respective tokens, leading to potential price volatility. Read also: Altcoin Rally: STX, SUI, TON, RUNE, POL, EGLD, VET Gain Aptos and Cardano Unlocks On October 11th, APT will unlock $93.75…

Bitcoin surged to a one-month high of $65,661 after Fed’s rate cut. The Japanese yen dropped to 144.16 against the dollar after BOJ’s decision to keep rates unchanged. Analysts expect further interest rate cuts, with potential 125 basis points reduction by year-end. Bitcoin, the largest cryptocurrency by market cap, has surged to a one-month high of $64,661, igniting excitement across the market. This surge followed the Federal Reserve’s recent decision to cut interest rates, providing a boost to the market. At the same time, the Japanese yen continued to weaken, struggling due to recent economic policies. Bitcoin’s Rally Gains Momentum…