Author: NBTC
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:…
The memecoin FLOKi is leading today’s crypto market with a rally of +12.8% in the last 24 hours, sharing the top spot with Artificial Superintelligence Alliance (FET) which is up +12.2%. The price surge can be several developments and partnerships, most notably involving Binance and the upcoming airdrop of Simon’s Cat (CAT) token. #1 Binance Supports CAT Airdrop To FLOKI Holders Probably the most important factor fueling today’s FLOKI price rally is the announcement that Binance, the leading global crypto exchange, will support the airdrop for Simon’s Cat (CAT). The exchange’s decision to take a snapshot on August 29, 2024,…
The bill introduces a new personal property category of “thing” that will apply to certain digital assets. Once enacted, it will help the legal profession determine ownership in disputes such as divorce and provide protection to crypto owners subject to scams and fraud. The U.K. government introduced a bill to Parliament touching on the legal status of digital assets including cryptocurrencies, non-fungible tokens (NFTs) and tokenized real-world assets (RWAs). The bill will clarify that these assets are considered personal property under British law. Once enacted, it will give the legal profession guidelines to follow when there’s a dispute on ownership,…
U.S. citizens are backing a bill to create a Strategic Bitcoin Reserve following remarks from former President Donald Trump and Wyoming Senator Cynthia Lummis. According to Bitcoin (BTC) proponent Dennis Porter, nearly 3,000 U.S. constituents requested Senatorial support for a “Strategic Bitcoin Reserve” bill. Porter highlighted that Democratic Senators received the lion’s share of letters from Americans, about 1,746 in number. The petitions to co-sponsor are likely in response to and support of Senator Lummis’s crypto legislation. BRREAKING: Nearly 3,000 letters sent to U.S. Senators asking them to co-sponsor the ‘Strategic Bitcoin Reserve’ bill – Democrats received 60% of the…