Author: NBTC

Bolivia saw a 100% increase in trading volumes of virtual assets between July and September. The increased volume comes after Banco Central de Bolivia lifted a long ban on Bitcoin. Bolivia’s central bank lifted the ban in June this year. Bolivia has reportedly recorded a 100% surge in virtual asset trading, a few months after the country lifted its ban of Bitcoin. In the announcement made on Sept. 26, BCB said average monthly virtual volumes across digital asset trading had doubled in the period between July and September 2024. Virtual asset trading volume surge in last three months According to…

Toncoin, the native coin of The Open Network (TON) and the Telegram ecosystem, is performing better than several of its counterparts. The coin has outshone Bitcoin (BTC), Ripple-associated XRP and Dogecoin (DOGE). Toncoin outsmarts Bitcoin in recovery phase A few days ago, the crypto market experienced a significant plunge, with the price of leading digital assets like Bitcoin testing the waters below $50,000. Since then, Bitcoin has recovered a significant portion of its market value, but it is currently not performing as high as TON. Based on data from CoinMarketCap, BTC is currently trading at $60,789.63, corresponding to a 0.32%…

Patrick Hansen, Circle’s European strategy director, predicted major leaps in the EU’s crypto and stablecoin market by late 2025. At the European Blockchain Convention in Barcelona, Hansen shared expectations of advancements in the crypto market structure across the European Union. The bloc’s Markets in Crypto-Assets Regulation, known as Markets in Crypto-Assets Regulation, would be the primary catalyst for this growth, said Hansen during a panel titled “What is Going on Behind the Scenes – Post MiCA?” MiCA signaled a shift in the EU’s crypto regulatory strategy, providing comprehensive guidelines for governments, institutions, and investors regarding digital assets. Indeed, MiCA outlined…

Captain Tsubasa: Rivals is a hot new tap-to-earn game on Telegram, and with the license of a major soccer-themed anime brand behind it, a ton of players have signed up to play already. With some kind of TON-based airdrop coming in the future, the race is once again on to collect as much in-game currency as you can to boost any potential future payouts. Of course, you can tap to earn balls (aka coins or points in other tap games), but like most of these games, the real way to increase your ball count is to buy upgrades, take part…

Leveraged Prediction Markets for Polymarket betting have gone live on Polygon mainnet through the D8X exchange. Front ends such as FreelyPerps, OctoFi, and DefiSaint allow traders to interact with the markets through their crypto wallets. Users can place leveraged bets on events like the 2024 U.S. presidential election, where the current mark price for Donald Trump to win is 0.4893 with an open interest of 30 TRUMP24 contracts. Another available market is the San Francisco 49ers winning the Super Bowl in 2025, featuring a mark price of 0.1062 and an open interest of 10 SUPBWL49 contracts. The modest open interest,…

Peter Brandt, a veteran trader widely known for his technical analysis, recently issued an important update regarding Bitcoin’s ongoing price action. Noting that BTC remains trapped in a series of lower highs and lower lows, Brandt pointed out that only a close above the July highs would officially break this pattern and complete the six-month expanding triangle that has formed. Until that point is reached, he believes the pattern remains in play. It is worth noting that at the time of Brandt’s assessment, Bitcoin (BTC) was valued at $63,695. Just 24 hours later, the price had shot up to $66,200,…

Wall Street Journal reporter Nick Timiraos, who is considered an important figure on FED policies, warned that the recent interest rate cuts may not be enough to ensure a soft landing for the US economy. “Despite FED’s Interest Rate Cuts, It May Not Achieve a Soft Landing” While lower borrowing costs are generally intended to spur investment and spending, Timiraos suggests the actual impact of these reductions will depend on deeper economic factors. Timiraos explained that the success of the Fed’s rate cuts will depend on the current level of weakness in the U.S. economy and whether businesses and consumers…

Tesla CEO Elon Musk recently stunned the X community with a memetic post that reads, “Just livin’ the meme,” which was accompanied by an image. This playful post garnered attention, reflecting Musk’s well-known penchant for memes and his ability to engage with the internet community. Dogecoin founder Billy Markus, who goes by “Shibetoshi Nakamoto” on X, could not resist joining in the fun and responded, “memes are life.” memes are life — Shibetoshi Nakamoto (@BillyM2k) August 9, 2024 The Tesla CEO’s tweet paired with the Dogecoin foundation’s affirmation that “memes are life,” exemplifies how humor and internet culture meet in…

In his address today at the US Treasury Market Conference, SEC Chair Gary Gensler reiterated the importance of regulatory changes to the definition of “exchange” and alternative trading systems (ATS). This proposal has garnered significant attention within the crypto and DeFi spaces. While Gensler’s remarks largely centered around improving the efficiency and resilience of the US Treasury market, the implications for digital assets are hard to ignore. Gensler emphasized the need to update the exchange definition to reflect the evolution of trading platforms, particularly as algorithmic and high-frequency trading strategies have become more prominent in markets, including those handling digital…

PayProtocol AG, the issuer of Paycoin, announced plans to terminate its virtual asset custody service for the Paycoin app in South Korea. This decision stems from challenges in the domestic regulatory environment, which have prevented PCI’s payment services from resuming since February 2023. The company has decided not to renew its Virtual Asset Service Provider registration when it expires in April 2025, opting instead to focus on its growing international payment ecosystem. In July, South Korean authorities considered delaying the 20% crypto gains tax until 2028, following concerns from the local crypto community. The delay was discussed due to fears…