Author: NBTC
Singaporean regulators have no plans to allow cryptocurrency use for gambling due to the risks of money laundering. During a Sept. 10 parliamentary address, Ms Sun Xueling, Minister of State for the Ministry of Home Affairs and Ministry of Social and Family Development, clarified Singapore’s regulatory stance on using cryptocurrencies in casino gambling. The minister’s remarks were made during the wrap-up speech for the Second Reading of the Casino Control (Amendment) Bill. Introduced on July 4, 2024, the bill aims to future-proof the framework governing casino gambling activities in Singapore, while giving the Gambling Regulatory Authority the power to prescribe…
Navi protocol has integrated Alchemy Pay’s On & Off-ramp to allow token purchases directly with fiat payments. Users can now purchase $NAVX using fiat currencies. Users can use debit/credit cards and various local payment methods on the Sui Network using AlchemyPay ramp, which also supports $SUI, $USDT, and $USDC. Our On & Off-Ramp is now accessible on @navi_protocol, the leading DeFi platform on @SuiNetwork. Users can now purchase $NAVX using fiat currencies.#AlchemyPay ramp also supports $SUI, $USDT, and $USDC on the Sui Network, allowing purchases with debit/credit cards and various… pic.twitter.com/HS5ncZa6jl — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) September 13,…
Trading legend Peter Brandt believes that the price of Bitcoin could still surge to the $90,000 level after its most recent correction. Important to always deal with PossibilitiesNot Probabilitiesand never Certainties$BTC pic.twitter.com/4xwrcQpcHE — Peter Brandt (@PeterLBrandt) August 5, 2024 The commodity trader has stressed that it is important to deal with possibilities instead of probabilities. “Probabilities get assigned a number and then can establish assumptions. I do not want to trade based on assumptions,” he said in a social media post. As reported by U.Today, Brandt predicted that Bitcoin could potentially peak at as high as $150,000 during this bullish…
The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key metric. Cardano Releases Date For Chang Upgrade Intersect, a member-based organization for the Cardano ecosystem, took to X (formerly Twitter) on August 20 to provide comprehensive details and updates on the Chang hard fork. The organization has unveiled key dates for the Chang upgrade launch, highlighting that the majority of preparations are already finalized. According to Intersect, the…
Tyler Winklevoss, the co-founder of Gemini crypto exchange, urges Massachusetts voters to support pro-XRP lawyer John Deaton to end Senator Elizabeth Warren’s unlawful war against the industry. The Gemini co-founder made this known while reacting to an official statement from Senator Warren’s Senate campaign. In the emailed statement, Warren accused Tyler and his brother, Cameron, of sponsoring a six-figure ads campaign. According to Warren, the Gemini founders have been using the ads to spread misinformation about her and to boost her Republican opponent in the upcoming Massachusetts Senate election. Furthermore, she suggested that the Winklevoss brothers and other crypto advocacy…
The Telegram Open Network (TON) cryptocurrency is now accessible on RevolutApp, a prominent global fintech platform with a user base exceeding 45 million. This new feature is initially available to users in the United Kingdom and the European Union. The inclusion of TON on RevolutApp represents a significant advancement in the platform’s cryptocurrency offerings, expanding its portfolio to include one of the most anticipated digital assets of recent years. RevolutApp has long been recognized for its innovative approach to financial services, blending traditional banking functions with cutting-edge fintech solutions. The integration of TON aligns with the platform’s ongoing mission to…
BNB Chain’s native token, BNB, continues its upward trajectory for the third consecutive week, achieving approximately 10% weekly gains. On August 22, BNB’s value surged to around $585. Key elements driving this price increase include Binance‘s strategic augmentation of its compliance team, rising expectations of potential interest rate reductions in the United States, and other significant market developments. What’s Happening on the BNB Front? Today’s rally in BNB coincides with Binance’s announcement to significantly enhance its compliance team by 2024. CEO Richard Teng highlighted that at least 20% of the new hires will focus on bolstering the company’s regulatory compliance…
Technical standards under the European Union’s Markets in Crypto Assets (MiCA) act will probably be published in the EU’s official journal before the end of the year. The rules cover standards for authorization, stress testing and methods to estimate the number and value of transactions for stablecoin issuers. Standards laying out how stablecoin issuers such as Tether and Circle can operate in the European Union (EU) are likely to become official toward the end of the year, a spokesperson from the European Banking Authority (EBA) told CoinDesk. They are included in the 15 technical standards submitted by the EBA, which…
Prominent crypto exchange KuCoin has opened a new reward opportunity for users through the Catizen Telegram Bot, with a total of $200,000 KCS available. In an announcement, KuCoin noted that users can now stake CATI tokens to earn KuCoin’s native token (KCS) starting today, September 14. 🚨 BIG NEWS, FAM!Stake $CATI on @CatizenAI & claim a share of MASSIVE $200,000 prize pool! 💰🐾⏳ Period: 10:00 AM on September 14 ~ September 24, 2024 (UTC)💸 Cap: 1,000 $CATI per pool/account🏆 Rewards: Claim $KCS via KuCoin with unbelievable return!Don’t miss these… pic.twitter.com/LXFSQpbQEx — KuCoin (@kucoincom) September 13, 2024 The announcement states that…
The latest data from Bitcoin Magazine Pro’s Fear and Greed Index reveals that Bitcoin sentiment has dropped to a near “extreme fear” level, scoring 26 out of 100. Historically, such a low score suggests a potential buying opportunity for savvy investors, as market sentiment indicates undervaluation and widespread caution. The Fear and Greed Index is a tool for assessing market sentiment, analyzing factors like volatility, momentum, social media trends, and Bitcoin’s dominance over other cryptocurrencies. To help investors gauge when to buy or sell Bitcoin, the index ranges from: 0-24: Extreme fear (red) 25-46: Fear (amber) 46-49: Neutral (yellow) 50-74:…