Author: NBTC
The market cap of TRON’s meme coins has climbed to $594 million, marking a 17.3% rise within just 24 hours. Notably, this growth follows a recent announcement by TRON founder Justin Sun, who hinted that the market might continue its upward trajectory. TRON community members are closely watching for signs of further growth following Sun’s comments, which suggest that TRON’s meme market could reach $1 billion. I heard that Tron meme is going to reach $1 billion. — H.E. Justin Sun🌞(hiring) (@justinsuntron) September 12, 2024 The idea has been met with enthusiasm, and many community members are now speculating on…
Binance Futures has announced that it will add new USDⓈ-M Perpetual contracts to its copy trading platform specifically for the POPCATUSDT and MEWUSDT pairs today. This announcement effective from November 5, 9:00 UTC is designed to give Binance users more trading options through their copy trading feature. By introducing these two contracts Binance futures will provide traders a greater opportunity to diversify their strategies, particularly in the copy trading arena. This addition highlights Binance’s ongoing effort to diversify its product range based on the versatile needs of the crypto community. The new POPCATUSDT and MEWUSDT perpetual contracts join a variety…
At the Singapore FinTech Festival 2024, Deutsche Bank, along with Memento Blockchain, Interop Labs, and Axelar, revealed key updates on Project DAMA 2. This initiative is part of the Monetary Authority of Singapore’s Project Guardian. This news was shared through Axelar X account. With tokenized assets and multichain interoperability in asset servicing, the project explores the potential of blockchain in financial space. 🔔 Project DAMA 2 has been unveiled as part of @MAS_sg Project Guardian initiative, revealing key components provided by @Memento_Bc + Axelar in a tokenized-assets pilot led by @deutschebank.The implementation connects components built on Avalanche, Stellar and zkSync…
A widely followed crypto analyst believes that Bitcoin (BTC) is gearing up for a breakout despite dipping into the $69,000 range earlier this week. Pseudonymous crypto trader Kaleo tells his 655,200 followers on the social media platform X that Bitcoin may be repeating a similar 2020 pattern and is still on track to print new all-time highs (ATHs). “When Bitcoin retested its previous ATH near $20,000 in late 2020, it didn’t immediately rip past it. It initially pulled back on a quick wick nearly 20% (Thanksgiving 2020 was a Black Friday sale, especially for alts), and accumulated in a range…
The November FOMC meeting begins today. Committee members are overwhelmingly expected to deliver a 25-basis point interest rate cut. This morning’s election results came too late to impact this month’s decision, analysts say. But the potential Republican sweep and resulting market moves leave December’s outcome less certain. Fed funds futures markets were pricing in a 99.2% likelihood that the committee announces a 25bps cut tomorrow, per CME Group data. Odds of an additional 25bps cut in December are now at 67%. Donald Trump’s victory could impact the Fed’s leadership and mission. Trump’s planned tax cuts and tariff increases, which he…
Betting odds on Polymarket for Donald Trump launching a cryptocurrency token before the November election surged to over 84% after he announced a launch date for the World Liberty Financial crypto project, but later reversed. The market, which has seen over $1.7 million in bets, will only resolve to “Yes” if Trump personally issues a verifiable token on a blockchain by November 4, 2024, despite plans for a governance token named “WLFI” in the project’s white paper. Betting odds on Republican candidate Donald Trump issuing a token before the November presidential elections jumped to over 84% on Polymarket early Friday,…
Among the news involving Binance, there is also the new collaboration with Amazon Web Services (AWS) with which generative AI solutions have been integrated. Specifically, Binance has introduced an improved KYC verification system and enhanced customer support with an AI-based chatbot. Binance news and the integration of generative AI solutions from Amazon Web Services (AWS) Binance news: the collaboration with Amazon AWS and the appointment of the Vice President of Product The vision of Coinbase Venture on the “Crypto x AI stack” Binance news and the integration of generative AI solutions from Amazon Web Services (AWS) During the Binance Blockchain…
Donald Trump won the 2024 presidential election by a landslide. Whereas polls indicated the race was a tossup, crypto hedge fund Lekker Capital went full-in on the Republican candidate. The fund’s founder, Quinn Thompson, told CoinDesk how he came about his non-consensus view. Former President and now President-elect Donald Trump’s landslide victory in the U.S. election shocked many, but not Quinn Thompson. The founder of crypto hedge fund Lekker Capital has been publicly bullish on Trump since at least mid-March and remained steadfast even as the market vacillated. He positioned his fund accordingly going into Tuesday’s election — he bought…
Dogecoin, which was formerly favored by social media influencers and regular investors, has been having difficulty sustaining a significant rebound, which has prompted a negative reaction in the communtiy. Notable people like Elon Musk have occasionally endorsed Dogecoin, but the cryptocurrency has not taken off as it once did. The community has become divided over this lack of momentum, and many have criticized the meme-based cryptocurrency’s recent price performance. Dogecoin has been steadily declining for a number of months, as can be seen from the chart. With the 200-day EMA serving as a major barrier, the price has found it…
South Korean cryptocurrency exchange Upbit has announced a temporary suspension of NEAR Protocol transactions today due to the upcoming NEAR Network upgrade plan. According to the official announcement by Upbit, deposit and withdrawal support will be temporarily suspended starting from 18:00 on November 5, 2024 (Monday) Korea time until the stability of the hard fork is fully confirmed. Upbit noted, “If you attempt to deposit NEAR after deposit/withdrawal have been suspended, the deposit amount may not be reflected in your Upbit account. The amount may not be restorable. Please refrain from depositing NEAR during the suspension.” However, Upbit has also…