Author: NBTC

As the cryptocurrency market prepares for its next bullish cycle, there’s a rising sentiment that memecoins could lead the charge. These playful, often humor-based tokens, which historically began as jokes, have demonstrated significant volatility and massive returns during previous crypto booms. But why could they spark the next surge? Below are five reasons why memecoins might kick off the next bullish cycle. 1. Increased Retail Investor Participation Memecoins, by their very nature, attract retail investors — people who are newer to the cryptocurrency space or don’t have large sums to invest. They’re affordable, fun, and often surrounded by strong communities.…

Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this context, Binance, which publishes reserve reports at regular intervals, has published the 23rd Report (snapshot date October 1) of its reserves. Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, XRP, USDC, TUSD, Dogecoin (DOGE), Polygon (MATIC), Polkadot (DOT), Chainlink (LINK), SHIB, Arbitrum (ARB), Litecoin (LTC), Optimisim (OP), Chilliz (CHZ), UNI, Aptos (APT), GRT, SSV, CHR, ENJ, 1INCH, CRV, WRX, MASK, HFT, BUSD and CVP and Pepecoin (PEPE) was…

It is expected that the Bitcoin market will embrace a strong bullish uptrend soon. Right now, the Bitcoin price stands at $63,455 – which is the highest the price has reached this month. Lately, the market has witnessed at least four consecutive green candlesticks, indicating that the market is aggressively moving towards a bullish phase. Now, a crypto analyst, identified as IncomeSharks on X, shares an interesting observation made using OBV about the potential BTC uptrend. Bitcoin On-Balance Volume Analysis: Vital Insights The OBV chart shared on X by IncomeSharks shows that the OBV value has broken a crucial level.…

Billy Markus, who is known for his contribution to the creation of Dogecoin (DOGE), the most famous meme cryptocurrency, who even adopted the nickname Shibetoshi Nakamoto, has once again touched on the matter of his cryptocurrency holdings. Answering a question from followers about whether the DOGE co-creator is invested in some new, freshly launched digital assets, Markus revealed that he bought Solana meme coin Moo Deng, but it “went way down after all,” and he eventually acknowledged that he is very bad at buying tokens. When the discussion touched the performance of the Dogecoin creator with DOGE, though, it became…

Binance, one of the world’s largest cryptocurrency exchanges, announced that it will convert delisted tokens into USDC for users who hold these tokens in their Binance wallets. Binance to Convert Delisted Tokens to USDC by April 2025 The conversion process will begin after a snapshot of users’ assets is taken at 03:00 on October 29, 2024, and will be completed by April 28, 2025. Affected Tokens and Withdrawal Deadline The tokens affected are: Vai (VAI) Tornado Cash (TORN) OMG Network (OMG) Waves (WAVES) HUMIDITY (XEM) BarnBridge (BOND) Dock (DOCK) MDEX (MDX) PolkaStarter (POLS) Pundi X PURSE (PURSE) Binance users who…

Earlier today, prominent blockchain tracker Whale Alert spread the word about several Satoshi-era Bitcoin wallets awakening after staying for more than 15 years in hibernation. Five dormant 2009 Bitcoin miners suddenly re-emerge However, analytics account @lookonchain has published a post, revealing that within a single hour there were five dormant Bitcoin wallets that have awakened, each containing 50 BTC – the equivalent of $3.18 million. By November 2012, when the halving took place, the Bitcoin network had reached 210,000 blocks. All of them are miners who earned their 50 BTC for generating a Bitcoin block in 2009 – the year…

Wormhole’s token went up by 20% after South Korean cryptocurrency exchange Upbit announced that the W token has been listed for trading on the KRW, BTC, and USDT markets. According to data on CoinGecko, the Wormhole’s (W) token’s price surged above 20% after news of Upbit’s listing. At the time of writing, W is exchanging hands at $0.38, jumping from its previous price of $0.32. The W token has a market cap of $935 million and a total value locked of $3.2 billion. On Oct. 2, South Korea’s largest exchange Upbit announced that it has launched Wormhole for spot trading…

TON-based Telegram mini-apps (TMAs) serve as avenues to enhance Telegram user experiences by offering extra services and functionalities. The TMAs could be monetized through advertising, in-app purchases, subscription models, token issuance, and Play-to-Earn or Tap-to-Earn games. TON mini-apps significantly changed user interaction with Telegram’s digital services. Kirubakaran Reddy, a Web3 specialist, noted that the TON ecosystem experienced massive growth, especially in the mini-game ecosystem. He pointed out over 300 playable mini-games within the Telegram app. Reddy claimed that 500M of Telegram’s 900M users engaged with TMAs monthly. Recent funding, including a $2.5M incubation program and a $40M TON Venture fund,…

TL;DR Jupiter Exchange has launched its Mobile App, designed to facilitate access to Solana (SOL) for both new and experienced cryptocurrency users. The app allows users to easily purchase Solana using various payment methods, such as Apple Pay, credit cards, and PayPal, eliminating barriers for users. It includes an automatic mode that optimizes trading by managing price deviations and fees, as well as a partnership with MoonPay for fast and secure conversion to SOL. Jupiter Exchange has announced the launch of its new mobile application, known as the “Jupiter Mobile App,” designed to facilitate access to and use of Solana,…

MicroStrategy in a latest press release today announced that, on September 19, 2024, it completed its previously announced offering of 0.625% convertible senior notes due 2028. The total amount of notes sold in the offering was $1.01 billion. This includes $135 million of notes issued through an option granted to the initial purchasers. The option was exercised in full on September 18, 2024, and the additional purchase was completed on September 19, 2024. The notes, sold to qualified institutional buyers are senior obligations of MicroStrategy and have an interest rate of 0.625% per year, paid twice a year on March…