Author: NBTC
Notcoin leads the crypto recovery with high investor confidence and an over $1.4 billion market cap. Telegram-based games like Notcoin and Hamster Kombat drive significant user engagement and platform growth. The crypto market is still recovering on a sunny Sunday; Notcoin (NOT) ranks first among the top gainers on CoinMarketCap. Reflecting great investor trust in its optimistic future potential, the token from the well-known mini-game on Telegram has seen an amazing price rise of over 37.53% over the last 24 hours to $0.0141. The market cap of NOT nowadays surpasses $1.4 billion. Booming Telegram-Based Games Notcoin, YesCoin, and Hamster Kombat…
Thailand’s PM Srettha Thavisin was removed by a court on Wednesday. A new PM and government is to come into place and that may impact implementation of crypto related policies. Thailand Prime Minister Srettha Thavisin’s shock removal from office by a court on Wednesday may not impact crypto rules in the nation, even if some policy implementations may be affected, experts told CoinDesk. After the verdict, Thavisin said he was unsure whether the next government would continue with his policies, CNN reported. He was removed by The Constitutional Court in Bangkok for breaching ethics rules by appointing a lawyer who…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As we start to see renewed interest in crypto—with prices hovering near their all-time highs and prominent people and institutions discussing the industry—building a robust crypto exchange is essential. You might also like: The landscape of crypto exchanges never stops changing | Opinion Crypto traders’ standards for an exchange are higher than ever. They are looking for a sleek user experience, architecture that supports high throughput and low latency, and top-notch security. The latter is especially important…
One of the most enduring sentiments in the cryptocurrency market is speculation about when Bitcoin (BTC) will hit the $100,000 all-time high, with much of the speculation focusing on the timing of this milestone. This sentiment has been further reinforced by crypto trading expert Captain Faibik, who believes that the leading cryptocurrency is primed to reach this position. In a TradingView post on August 17, the analyst noted that Bitcoin is currently in a critical phase that could propel it toward the $100,000 milestone. Notably, reaching this mark would reward Bitcoin investors with nearly 70% gains from BTC’s current price…
If we viewed Ethereum from a corporate lens, what type of firm would it be? Looking at the most recent data at hand, the figures would point to a corporation in crisis: In Q2 2024 Ethereum’s revenue fell drastically by 57% as fees decreased $679 million. But is there something else more important at hand or is this truly a symptom of failing? Let’s explore the numbers and the background to grasp the real state of Ethereum’s ecosystem. Ethereum’s latest performance appears to be negative on first look. Originally $1.2 billion in Q1 2024, revenue dropped to $521 million. Given…
BRICS coalition explores Ripple/crypto strategy to challenge US dollar dominance. RippleNet could replace SWIFT for cross-border transactions. XRP Ledger offers a decentralized platform for asset-backed currency. The BRICS coalition, composed of Brazil, Russia, India, China, and South Africa, is considering a Ripple/crypto plan to challenge the US dollar’s global supremacy. This action, according to analysts, has the potential to change the present financial situation. 🚨 PUTIN EYES CRYPTO FOR NEW GLOBAL FINANCE SYSTEM?Could Ripple transform the global financial landscape as the Federal Reserve once did?Wall Street analysts speculate that the BRICS coalition—Brazil, Russia, India, China, and South Africa—aims to challenge…
Recently, Customers Bank, a financial institution known for its crypto-friendly stance, has agreed to intensify its risk management practices after the U.S. Federal Reserve raised concerns about the bank’s oversight of digital asset clients. The Pennsylvania-based bank, which has served high-profile cryptocurrency firms, has committed to rectifying its compliance shortcomings. In a recently signed enforcement agreement, top executives of Customers Bank acknowledged the Federal Reserve’s findings of “significant deficiencies” in the bank’s risk management protocols and adherence to anti-money laundering laws. The Fed highlighted that the bank had fallen short in properly monitoring and mitigating illicit activities, particularly among its…
According to Luke Paglia, the COO at AGMI Studios, while traditional non-fungible token (NFT) art has lacked real utility, which explains its declining popularity, NFTs still have an important role to play in the gaming industry. To back this assertion, Paglia cites game developers’ use of NFTs “to innovate and bring new forms of value to players while transforming the way players interact.” Developers Struggle to Keep Up Paglia argued that by doing this, essentially making players owners and stakeholders, NFTs help enrich gaming communities and drive stronger engagement. Furthermore, they also encourage more people to invest their time, energy,…
Centralized crypto exchanges like Binance and KuCoin are cracking down on altcoins, removing several tokens from their platforms. Why the sudden purge? It boils down to investor protection and regulatory compliance. Let us look at the factors that lead to delisting and what it means for the crypto market. Centralized exchanges stay proactive in protecting investors against rug-pulls, market manipulation tactics, and scams crypto projects. As a result, they have a stringent listing process and if an altcoin or a project is found breaking certain policies or not being up to the exchange’s standards, the trading platform decides to delist…
Bitcoin miner centralization threatens Bitcoin, but former President Donald Trump’s pledge to slash energy prices can ensure its decentralization. Bitcoin mining pools, the majority of Bitcoin mining being done, appear to be centralized in China around a handful of entities—with Chinese mining pools making up approximately 54% of the Bitcoin hashrate, according to blockchain analytics firm CryptoQuant. News reports about China banning the mining of crypto assets exaggerated the situation on the ground. The country still dominates the hash rate, largely thanks to its cheap electricity and infrastructure. A bitcoin mining pool is a network of miners who work together…