Author: NBTC

Leading cryptocurrency exchange Binance has seen its researves reach a new all-time high of 25%. The metric, which measures the proportion of total cryptocurrency reserves held on the exchange, underscores Binance’s dominance within the sector. According to analysis published by CryptoQuant, the percentage of the reserves on Binance was at around 21% back in November 2023, and has surged around 4% over the past year. The only exchanges with a higher Exchange Reserve Percentage, according to the firm, is the Nasdaq-listed cryptocurrency trading platform Conbase, which has around 33% of total reserves. Source: CryptoQuant As CryptoGlobe reported, both of these…

Ghana and Singapore partner to use blockchain technology to facilitate the trading of carbon credits. Cementing Ghana’s Position as Africa’s Carbon Market Leader Ghana’s Environmental Protection Agency (EPA) has entered into an agreement to add the country’s Ghana Carbon Registry (GCR) to a blockchain-based Internationally Transferred Mitigation Outcomes (ITMO) network. This follows an initial agreement between the two parties to operationalize the digital trading and settlement of ITMOs. Governed under Article 6.2 of the Paris Agreement, ITMOs are a form of carbon credit used to incentivize climate action and contribute to global efforts to mitigate climate change. They can be…

Dogecoin (DOGE) surged to $0.21 on U.S. Election Day, reaching a five-month high after days of hype driven by Elon Musk’s playful tweets and public appearances alongside former President Donald Trump. DOGE is up by 30% in the last 24 hours and 20.6% in the last 7 days, CoinGecko data shows. The meme coin also flipped Ripple (XRP), becoming the 7th largest crypto with a market cap of $30 billion. Although still below its all-time high of $0.73 set in May 2021, DOGE’s Election Day rally points to the lasting appeal surrounding the meme coin. Dogecoin’s Election Day spike aligns…

Bitfinex, one of the longest-standing crypto exchanges in the world, is collaborating with the Thalex platform to expand its offering of derivative instruments. Thanks to this partnership, it will be able to offer its users new opportunities to invest in the crypto market, leveraging perpetual futures and complete options. The whole is served with ample liquidity for trading, low latency, and reduced commission costs. All the details below. Bitfinex considers new derivative investment products with Thalex New features coming for Bitfinex customers The crypto derivatives market: a look at options and futures Bitfinex considers new derivative investment products with Thalex…

Dora Vota uses the anonymous MACI protocol to ensure secure decentralized governance and private on-chain communication. aMACI enhances voter anonymity and reduces collusion, advancing privacy in blockchain-based decentralized governance systems. Dora Factory has released Dora Vota, a decentralized governance and communication platform that uses advanced cryptographic protocols. Dora Vota especially combines the anonymous MACI (Minimum Anti-Collusion Infrastructure) protocol to guarantee safe on-chain communication and improve privacy. While safeguarding their identities, this creative solution lets people participate in voting procedures and act in government. It also brings encrypted communication tools, so offering a complete blockchain solution for decentralized and private contacts.…

Bullish sentiment is prevailing on the ETF market in the last few weeks. Institutional investors have been jumping on the Bitcoin (BTC) ETF bandwagon, with positive aspirations from the market. According to SosoValue data, Bitcoin spot ETFs saw a historic influx of nearly $1 billion in investment from Oct. 21 to Oct. 25, signaling unprecedented interest from investors. Leading the surge, BlackRock’s IBIT ETF posted a net inflow of $1.15 billion, showing its stronghold as the largest ETF on the market. In contrast, ARK 21Shares ETF ARKB witnessed a net outflow of $206 million, indicating some investor shifts within the…

Trading platform Robinhood has re-listed Solana (SOL) at over $216 a year after it removed the crypto and sold any remaining coins for just $16. Multiple users on X (formerly Twitter) slated today’s re-listing, which came as Cardano (ADA), PEPE, and XRP were also added to the platform. “Will never forgive Robinhood for de-listing SOL at $16,” one user said, while crypto sleuth ZachXBT claimed that Robinhood forced its users to sell their coins, causing “massive losses.” He asked, “What changes will Robinhood be making to regain trust so users are not forced to exit positions again in the future?”…

In a recent proposal, former President Donald Trump and the Department of Government Efficiency (DOGE) have announced plans to explore a federal blockchain-based voting system. This ambitious initiative aims to use blockchain technology for election voting and identity verification in partnership with major blockchain platforms, including Cardano, Hyperledger, and Hedera. Supporters believe that blockchain could enhance election transparency and security, potentially preventing voter fraud which is a concern Trump has frequently voiced on numerous occasions. However, while blockchain offers unique benefits, it also brings significant challenges that must be addressed for a nationwide rollout. 🚨BREAKING: President Trump and the upcoming…

With just over a week until the U.S. elections, market experts, including VanEck’s Matthew Sigel, are weighing in on Bitcoin potential trajectory. Bitcoin reached a daily high of $69,230 today, rebounding from a bearish weekend that saw it dip to $65,000. In an interview with CNBC, Sigel, VanEck’s Head of Digital Assets Research, addressed Bitcoin’s correlation with the Nasdaq and the “Magnificent 7.” The CNBC host raised concerns about Bitcoin’s status as a safe haven, pointing out its recent alignment with risk assets. Sigel explained that these correlations fluctuate over time. On a 10-year timeline, Bitcoin’s correlation with the Nasdaq…

The crypto market became more active on Election Day. Bitcoin (BTC) prices officially hit a new all-time high amid investor anticipation of Donald Trump becoming the new US president. Notably, political-themed meme coin prices surged. The market capitalization and trading volume of political meme coins showed significant increases on Election Day. Donald Trump-Themed Meme Coins Outperform CoinMarketCap data shows the market capitalization of political meme coins surpassed $640 million, increasing nearly 17% in a day. Additionally, the 24-hour trading volume of these meme coins exceeded $400 million, up by 87%. Political Memes Tokens Market Cap & Trading Volume. Source: CoinMarketCap.…