Author: NBTC

Bitbuy announced adding HBAR to its exchange platform, launching the token in Canada for users to trade. Withdrawal and deposit functions are currently unavailable; however, customers can expect both features to go live as soon as possible. This has caused a surge in the valuation of HBAR tokens. The community has responded positively to the development, with most members saying that they are excited to have access to HBAR trading finally. As for the token valuation, HBAR is up by 13.61% in the last 24 hours, at the time of articulating this piece. It further reflects an increase of 11.83%…

Bitcoin miners have actively returned to the market after a long period of silence in the recent crypto winter. According to a recent Bloomberg report, Bitcoin miners spend a lot of dollars on equipment and use energy at record levels, marking the revival of Bitcoin mining. Reportedly, the Bitcoin miners are back in survival mode driven by Bitcoin’s prevailing bullish trend. Following the Spot Bitcoin ETF launch in January, Bitcoin has seen substantial surges in its price. The cryptocurrency, which stood below the $45k level, surged past $45k immediately after the launch. With the increasing acceptance of ETFs and anticipations…

Bitcoin, the preeminent cryptocurrency, has surpassed a significant milestone, trading above $70,000 for the first time in its history, according to data from Bitstamp. The leading digital currency hit an intraday high of $70,184 before retracing back to the $68,000 level. According to CoinGlass data, total liquidations amounted to $258.56 million over the past 24 hours, with long positions accounting for $120 million and short positions $138.56 million. Surging interest in Bitcoin ETFs The surge in Bitcoin’s price comes amidst a notable increase in investor interest, particularly in Bitcoin exchange-traded funds (ETFs). Bitcoin ETFs experienced a significant influx of capital,…

Jerome Powell, Chairman of the Federal Reserve, recently made statements that may have significant implications for financial markets, including cryptocurrencies. Powell signaled on Thursday that an interest rate reduction may not be too far off if inflation signs cooperate. Powell reaffirmed this week that officials were still waiting for additional evidence that the economy, particularly inflation, was slowing before dropping rates, but that there was not much more to go. Powell stated that inflation is “not far” from reaching the level required for the central bank to begin reducing interest rates. “I think we’re in the right place,” Powell said…

COTI introduces groundbreaking blockchain encryption and showcases COTI V2 advancements. Djed stablecoin hits 800% protocol ratio, pausing SHEN minting temporarily. Strong participation in airdrop poll reflects robust community support. COTI, the innovative blockchain platform, has been bustling with activity, and the team is thrilled to present a comprehensive recap of their recent ventures in the latest COTI Roundup Blog. From engaging X Spaces sessions to showcasing key use cases of COTI V2 and Djed’s protocol ratio hitting an impressive 800%, the blog provides an insightful overview of the platform’s recent strides. A lot has been happening here at COTI, and…

Figment Europe Ltd, a provider of institutional staking infrastructure, and Apex Group are planning to list two new exchange-traded products (ETPs) on the SIX Swiss Exchange on 12 March. The “Figment Ethereum Plus Staking Rewards” ETP will trade under the ticker symbol “ETHF” and the “Figment Solana Plus Staking Rewards” ETP will trade under the ticker “SOLF” once live. The products are fully backed by Ethereum and Solana, respectively, using Figment’s staking infrastructure. Both ETPs will be issued with Issuance.Swiss AG — the products will give access to staking rewards through traditional brokers or banks allowing conservative institutions to hold…

Ethereum price rallied toward $3,850 before crashing. ETH followed Bitcoin, but the bulls are now active near the $3,350 support zone. Ethereum traded to a new multi-month high above $3,800 before crashing. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,600 resistance zone. Ethereum Price Takes Major Hit Ethereum price extended its rally above the $3,650 level, like Bitcoin. BTC surged and…

DCG boss Barry Silbert proposed a merger between Genesis and Gemini to the latter’s co-founder, Cameron Winklevoss, during a lunch meeting in Oct 2022. The combined company would be exciting to investors, making it possible to raise $500-$1 billion and take the company public in 24 months, Silbert wrote in an email. Silbert’s emails to his team seems to undermine some of the Winklevoss twins’ claim in the ongoing lawsuit, a spokeswoman for DCG said. In a drastic bid to avoid impending collapse, Barry Silbert, the CEO of Digital Currency Group (DCG), suggested a merger between his lending firm Genesis…

XRP community member Sherrie debates Ripple’s alleged manipulation, sparked by trading bot allegations. Cherry distinguishes manipulation from causation, defending Ripple’s XRP sales. Legal scrutiny and the judge’s ruling minimise Ripple’s perceived influence on XRP’s price. A member of the XRP community who goes by the name of Sherrie has ignited a debate on X, challenging allegations that Ripple has manipulated the price of its XRP token. Sherrie replied to an accusation that Ripple has employed trading bots to manipulate the price of XRP. A 🧵 to understanding ‘manipulation’ versus ‘causation’ If you’re interested in the facts then read on as…

Robinhood, the online brokerage firm, launched its 24-hour trading platform called the “Robinhood 24 Hour Market” last year, enabling retail investors to trade stocks and ETFs around the clock, five days a week. Now, the platform has recorded a total overnight trading volume exceeding $10 billion since its launch. According to Robinhood’s recent report, the platform has experienced a significant shift in trading patterns, with a notable increase in trading activity outside traditional market hours. On the busiest days, as much as 25% of the total daily trading volume has occurred during the overnight session, highlighting the growing demand for…