Author: NBTC
SwyftX and Easy Crypto focus on user-friendliness for New Zealand traders. Crypto.com and Uphold provide trading in assets apart from cryptos. As for the company’s approaches, the Independent Reserve pays much attention to regulating adherence and institutional-grade security. Cryptocurrency trading has largely evolved in New Zealand over the last few years. When it comes to digital assets that are gradually transforming the financial industry, Kiwi investors seek worthy exchange platforms. In this article, five of the most popular cryptocurrencies are explored, and the platforms most New Zealand traders are turning to are explained. SwyftX: A Rising Star in the Crypto…
Prominent on-chain analyst Willy Woo has released his own view on the market, suggesting that in the near-to-intermediate-term future, there may be a surge of bullish momentum for Bitcoin. His chart provides a unique perspective on the current state of the market by highlighting price trends and Bitcoin’s inventory on exchanges. It emphasizes cautious optimism amid ongoing market movements. Woo anticipates that Bitcoin’s current bullish swing will continue in the near future, probably for an additional week. Bitcoin is displaying a bull flag on the chart, a typical technical pattern that denotes a sustained upward movement following a brief period…
Seasoned pseudonymous DeFi commentator who goes by @FigoETH on X shares his reasons to be bullish on Ethereum (ETH) in the long run. He indicates eight theses to debunk the anti-ETH FUD triggered by the upcoming launch of Uniswap’s own blockchain. Innovations, retail, big tech, dApps: Analyst on catalysts for ETH The cryptocurrency audience should “stop whining” and acknowledge that Ethereum (ETH) as technology and ecosystem only becomes greater over time. DeFi enthusiast @FigoETH explains which developments make him feel optimistic about the potential of the second cryptocurrency. Personally think 90% of ETH people should stop whining and acknowledge that…
Manta Network has announced a four-year program that will see the modular blockchain for zero-knowledge applications share gas rewards with the platform’s users. On Sept. 30, Manta Network introduced its “Gas Gain” plan, which aims to return 50% of gas fees in MANTA tokens to its web3 users. Over the next four years, the project will return half of all gas profits on Manta Pacific to its most active community members. Manta Pacific is an Ethereum (ETH) virtual machine-equivalent zero-knowledge platform leveraging the Celestia DA and Polygon zkEVM. Read more: Zilliqa announces permanent fix after latest bug halts block production…
Alchemy Pay has introduced a new feature that simplifies cryptocurrency purchases for users in the European Union. By integrating EU Open Banking through Volt, the company now allows users to make instant payments in Euros. This update aims to provide a faster, more convenient way to buy digital currencies. In addition, it supports over 200 payment channels, including major banks, mobile wallets, and local banks. 💳 Exciting news from #AlchemyPay! Elevating convenience with EU Open Banking via Volt for seamless crypto purchases. Join us as we guide you through leveraging this integration to simplify your crypto transactions. Start your crypto…
The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners. The tournament is slated to be held on October 18 in Santa Monica, California during the Peer to Pier Bitcoin Festival. Featuring both a semi-pro and amateur division, the winner of each division will receive their payouts in bitcoin. Entrants will also have the opportunity to win Bitcoin hardware wallet devices provided by CoinKite. “This will be an incredible event, bringing together two talented and high…
Ethereum currently trades at $2,463.82 with a 2.13% daily increase. A $Neiro trader missed a 16,690x potential return after selling early. Ethereum is currently trading at $2,463.82, marking a 2.13% increase over the past day. Despite this upward momentum, trading volumes decreased by 16.84%, reflecting a drop to $12.53 billion. Ethereum’s market cap now sits at $296.6 billion, contributing to the broader crypto market’s recent recovery. A trader bought 8.41 billion $Neiro tokens for just 0.32 ETH ($1,000). He sold all the tokens for 9.98 ETH, making $32.4K, a 30x return on investment. However, had he held onto those tokens,…
Fiona Murray, Managing Director for Asia Pacific at Ripple, has revealed that Singapore handles more than 50% of Ripple’s digital asset payment flows. Murray made this revelation during a panel session at the recently concluded Token 2049 conference held in Singapore. XRP community figure Eddie, aka “Crypto Eri,” called attention to the statement in a post on X. During the session, Murray emphasized the growing significane of Singapore as a hub for Ripple’s cross-border payment services. She stated that the U.S. does not play a substantial role in these operations due to regulatory uncertainty. Singapore Helping Ripple’s Payment Operation Ripple…
Taiwan will allow banks to test digital asset custody services, focusing on institutional clients starting in early 2025. Ripple’s expansion in Asia strengthens with a major payment license from Singapore’s financial regulator. As its Financial Supervisory Commission (FSC) gets ready to introduce a trial for digital asset custody services, Taiwan is likely to make major advancements in the crypto market. Beginning in early 2025, the program will let three big banks protect digital assets, including well-known cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. Encouragement of financial innovation is the key objective, all the while keeping rigorous regulatory compliance. Aiming to establish…
The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5%, marking the first rate cut in four years after the central bank’s most aggressive hiking cycle. Fed members expect median benchmark rates to come down to 4.4% by year-end, reflecting some 50 bps more cuts in the next two Federal Open Market Committee (FOMC) meetings, according to the Fed’s quarterly economic projection. That’s up from only one cut projected in June. In the minutes following the FOMC decision, the price of bitcoin (BTC) shot up 1.2% to $61,000 before paring gains. The largest cryptocurrency…