Author: NBTC

On December 25, 2024, significant regulatory changes regarding cryptocurrency were announced in Turkey’s Official Gazette. In response to this, Binance TR revealed plans to introduce new requirements for users making cryptocurrency deposits and withdrawals beginning February 25, 2025. These measures aim to bolster anti-money laundering efforts and combat terrorism financing by mandating users to provide essential details about the sender or receiver during transactions. What Are the New Transfer Requirements?How Will Identity Verification Work? What Are the New Transfer Requirements? The updated regulations stipulate that transactions involving amounts of 15,000 Turkish Lira or more will necessitate enhanced identity verification. Cryptocurrency…

As December comes to a close, analyst Crypto Rus reflects on what the final days of the month might hold for Bitcoin and other cryptocurrencies. Despite the anticipation of a “Santa Rally,” the market has remained relatively stagnant. Bitcoin saw a surge just before Christmas, touching the $100,000 mark before falling back to around $94,000, where it currently hovers. A Look Back at 2024 and the Market’s Surprising Move Historically, Bitcoin has seen a pattern of price increases heading into January after breaking previous cycle highs. This was the case in 2016, 2020, and 2023. But what’s different this year?…

SKI, the native token of Ski Mask Dog, saw a significant rally on Dec. 2 following reports that a United States lawmaker has invested in the meme coin. Ski Mask Dog (SKI) soared 25% to an intra-day high of $0.237 on Dec. 3, bringing its market cap up from around $187 million recorded the previous day to over $235 million when writing. Built on Base, Coinbase’s Layer 2 blockchain, the SKI meme coin has captured attention for its strong community-driven ethos, boasting over $6 million in trading volume within the last 24 hours. Although initially abandoned by its developer, SKI…

Binance Square has introduced a new ‘Trader Profile’ feature, allowing users to verify and follow trusted traders on the platform. The feature provides insights into a trader’s portfolio, performance, and trading badges, aiming to enhance transparency and responsible engagement in the Binance community, according to a release shared with crypto.news. The Trader Profile includes a Portfolio Overview, displaying asset allocation percentages; P&L Data, showing performance trends over different timeframes; and Trader Badges, which highlight trading styles and expertise. These profiles are only visible to a user’s followers, enabling traders to manage privacy while building credibility. Binance Co-Founder Yi He emphasized…

Bitcoin has entered a significant slump, dipping below $92,000, the lowest since breaking through $100,000 in early December. As 2024 draws to a close, profit-taking by long-term holders and macroeconomic factors could be driving the largest cryptocurrency to its lowest point in weeks. Investors, particularly those holding Bitcoin for extended periods, could also be seizing the opportunity to cash out after a remarkable year of growth that saw the digital asset surge by more than 100%. Bitcoin’s ongoing price fall, at $93,594 at the time of publication, represents a 16% decline from its peak of $108k on December 17, data…

Bermuda – OpenEden is setting a new standard for stablecoins with the launch of OpenDollar (USDO), the world’s first regulated, yield-bearing digital dollar fully backed by tokenized U.S. Treasuries. (Photo: Jeremy Ng speaking, founder and CEO of OpenEden Group)—As a fully compliant and transparent stablecoin, USDO combines the stability of traditional fiat-backed stablecoins with the real-world yield of U.S. Treasury Bills, offering a sustainable, on-chain solution for decentralized finance (DeFi) and institutional use.“USDO represents a fundamental shift in how we view stablecoins. We’re enhancing the utility of traditional fiat-backed stablecoins with sustainable yields, full regulatory compliance, and complete transparency on-chain,…

A savvy crypto trader has surprised the market with massive profits from Ai16z and Zerebro. This comes after the two AI tokens showed their strong performance amid the wider cryptocurrency markets ushering in 2025 with renewed momentum. Bitcoin climbed to a high of $95,000 today from a low of $92,000 witnessed a few days ago. Other prominent crypto assets like XRP, Solana, and Stellar also surged their values by over 21% in the past 24 hours. Trader earns millions from ai16z and Zerebro According to data shared by on-chain analyst Lookonchain today, this whale has made massive returns of $16.07…

Sunil Kavuri, the FTX creditor activist, today announced that some jurisdictions were not eligible for FTX claim distributions via custodial exchanges due to restrictions in those countries. Kavuri pointed out that the FTX bankruptcy trustee was currently seeking ways to delegate claim repayments in each jurisdiction, including Russia, China, Nigeria, Ukraine, and Egypt. Kavuri shared a detailed ‘FTX global customer distribution’ pie chart from the November 2022 bankruptcy hearing that identified China as the largest jurisdiction not qualified for FTX claim distributions with about 8% of the global customer base. On January 17th, Kavuri claimed that FTX creditors from countries…

As 2024 winds up, the largest cryptocurrency, Bitcoin (BTC), plunged below $92,000 with a 2.67% drop as the fear of hyper-liquidation rumors sparked in the community. At the time of writing, BTC is trading around $91,814, according to the CoinMarketCap. Some crypto analysts speculated a further drop in the cryptocurrency, saying it could slip below $91,000 due to a huge dump linked to its negative correlation with the USDT Dominance Index. Amid the dip in BTC’s price, MicroStrategy’s CEO, Michael Saylor, announced the acquisition of 2,138 BTC for approximately $209 million at $97,837 per Bitcoin, accumulating 446,400 Bitcoins in total.…

Wave, an AI-powered Web3 trading platform, has announced its strategic collaboration with the KLK Foundation. This partnership aimed to push the boundaries of financial services of Web3, improving AI-powered trading while enhancing DeFi accessibility. This advanced step strives to set the stage for a more efficient and inclusive digital economy. Wave x KLK ⚡️We’re excited to announce our partnership with @KLK_Foundation.Klickl, a leading Web3 financial platform, is dedicated to providing open and accessible financial services worldwide through technological innovation and regulatory compliance.This collaboration… pic.twitter.com/ybGshpNQJu — Wave 🌊 (@WaveOnSui) February 21, 2025 KLK Foundation, a leading Web3 platform providing financial services,…