Author: NBTC

Binance, the world’s largest cryptocurrency exchange by trading volume, announced that it has added new trading pairs to its spot platform and expanded its automated trading services in an effort to improve user experience and trading flexibility. Binance Adds New VET/USDC and ZEN/USDC Trading Pairs, Expands Trading Bot Services Binance has officially launched trading of VeChain (VET) and Horizen (ZEN) paired with USD Coin (USDC) on Binance Spot starting at 11:00 AM today. This move comes as part of Binance’s efforts to expand trading offerings and strengthen USDC liquidity on its platform. Trading bots are now available for VET, ZEN,…

Bitcoin’s price has been on a steady downtrend since the end of February, consistently struggling to break above the $85,000 mark. While recent price action shows Bitcoin holding steady under this critical level, key investors remain undeterred. Despite the struggle, many continue to HODL, signaling long-term confidence. Bitcoin Investors Are Optimistic Bitcoin’s velocity, which measures the circulation of the cryptocurrency, dipped to a five-month low last week. This decline in velocity indicates that Bitcoin holders are becoming more cautious, with fewer coins being transacted. As circulation decreases, it often leads to subdued price growth, and BTC has experienced this trend…

Cap, a yield-bearing stablecoin protocol, shared Monday that it has raised $11 million in funding from big-name financial institutions including Franklin Templeton and Triton Capital. The total funding — announced at the close of a recent $8 million seed round — will be used to develop Cap’s stablecoin engine, which is slated to launch later this year. Cap raised $3 million in a previous funding round. Stablecoins are a type of cryptocurrency whose value is directly tied to another asset, like the U.S. dollar. Cap’s system is built so users may generate passive interest — or yield — on the…

Solana-based memecoin “Act I : The AI Prophecy” (ACT) has crashed nearly 50% in the last 24 hours, causing speculation on the cryptocurrency market. ACT, a meme coin based on a Discord server featuring AI chatbots, is currently down 49.22% in the last 24 hours to $0.0959, according to CoinMarketCap data. Solana-based meme coin ACT suffered a massive 49% crash within minutes on Binance, leaving traders startled. In a tweet, CoinGlass highlighted the sharp decline, which saw ACT/USDT plummet from $0.19 to $0.10 in a single long candlestick, prompting CoinGlass to ask the question, what’s going on? $ACTWhat happened? https://t.co/qv5MfbxtV5…

Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this context, Binance, which publishes reserve reports at regular intervals, has published the 29th Report (snapshot date April 1) of its reserves. According to Binance’s official website, the reserve ratio (Binance holdings divided by user assets) for major cryptocurrencies is overcollateralized. Binance had also added the altcoin TRUMP, the token of US President Donald Trump, in its previous reserve report. Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, ENJ,…

In the month of March, Bitcoin experienced a period of strong fluctuations, recording one of the highest levels of volatility in the last twelve months. Contributing to this was a sudden surge in price followed by a sharp slowdown, the most capitalized cryptocurrency in the market once again showed all its unpredictable nature. The numbers of Bitcoin volatility on the rise A month of ups and downs for the price A deviation from the historical average A behavior consistent with the history of Bitcoin Bitcoin: the double face of volatility A tool to know thoroughly Lessons from the market The…

Google searches for ‘Black Monday’ have accelerated in the past seven days following the stock market’s massive capital outflow on April 4, triggered by unease from trade tariff concerns. As of April 7, search interest in the term peaked at 100 in the United States, a staggering 1,300% spike from a score of 7 recorded on March 31, according to data retrieved by Finbold from Google Trends. A breakdown of interest in the term shows that the capital, Washington D.C., leads at 100, followed by New Hampshire at 94. Notable interest has also been recorded in New Jersey, Massachusetts, and…

Multiple tokens cratered as much as 50% within 30-minutes on crypto exchange Binance on Tuesday, with market watchers wondering if a misconfigured trading bot could have caused the declines. Act I, the Prophecy (ACT) slumped 50%, DeXe (DEXE) dropped 30% and dForce (DF) fell nearly 20% within minutes after 1100 UTC on Tuesday, data from Binance shows, with no immediate catalyst or explanation behind the sudden fall. Around 18:30, multiple altcoins on Binance experienced sharp declines. ACT/USDT dropped over 49% within 30 minutes, DEXE/USDT fell more than 23%, and DF/USDT declined over 16% in the same period. The sudden dips…

Stablecoin balances, a key figure for investor sentiment, have dropped to their lowest level in months, as Bitcoin plunged to its lowest point this year. Crypto markets are showing increasing signs of weakening trader appetite. On Monday, April 7, stablecoin balances on exchanges fell to a three-month low. According to crypto analytics firm Nansen, this is the lowest the figure has been since January. Additionally, both incoming and outgoing crypto exchange flows have declined in April. Stablecoin balances on exchanges just hit a 3-month low. Lowest since Jan.Forget sentiment surveys. Track what people do with their money. pic.twitter.com/AZe0kaLlVd — Nansen…

Crypto markets are being shaped by the same macro forces that are spooking traditional financial markets, but their international and borderless nature provides a layer of protection, according to Offchain Labs co-founder and chief scientist Edward Felten. Speaking on CNBC’s “Squawk Box Asia,” Felten noted that the recent volatility in crypto markets is being driven by broader concerns around global trade and economic policy. The source is stemming from uncertainty surrounding U.S. tariffs and comments from President Donald Trump. Offchain Labs is the team behind Arbitrum, one of the leading Ethereum (ETH) Layer 2 scaling solutions. “The whole world is…