Author: NBTC

After a six-month partial absence from the UK market, cryptocurrency exchange Bitget has re-entered Europe’s investment capital, this time fully compliant with local regulations, including the Financial Promotions Regime (FPR). Bitget Returns to The UK After Six-Month Hiatus In early May 2024, Bitget notified its UK users that it was forced to “temporarily restrict onboarding of new users” due to “recent regulatory changes” introduced by the Financial Conduct Authority (FCA). However, the company assured customers that it would “be back soon with a new compliant product offering for the UK on our website and mobile applications.” Although it took some…

Merlin Chain has recently announced its exclusive strategic partnership with Taiko, a permissionless, open-source Ethereum L2 rollup. As per Merlin Chain, this collaboration serves as a significant landmark achievement in improving liquidity and yield opportunities for $BTC holders. The platform took to social media to reveal this development. 🚀 Merlin Chain x @taikoxyz 🚀We’re excited to announce our collaboration with Taiko—a fully open-source, permissionless Ethereum-equivalent rollup with high configurability.💧By bringing M-BTC to Taiko, we’re unlocking expanded yield and liquidity opportunities for Bitcoin… pic.twitter.com/84y6zDJ2Xz — Merlin Chain (@MerlinLayer2) November 13, 2024 Merlin Chian’s Strategic Collaboration with Taiko Enables $M-BTC Token for…

Bitcoin (BTC) has finally flipped the $70,000 resistance into a support zone, and most market participants anticipate that the momentum will likely target $100,000. Amid this anticipation, a cryptocurrency analyst has shared insights on what Bitcoin’s technical setup means for the possibility of claiming the $100,000 spot. While Bitcoin clinching the $70,000 spot is a highly bullish move, it needs confirmation to establish a stable uptrend likely to push the price to $100,000, according to an Alan Santana analysis published on TradingView on October 29. Santana highlighted the importance of Bitcoin holding above this level through the end of the…

Tensor, the Solana-based NFT marketplace, teased more details about its latest venture: Vector.fun, a new platform that will blend social engagement with token trading in a mobile-first app across multiple blockchain networks. The company’s founders shared details about the trading platform on social media on Tuesday, emphasizing that its development spun out of NFT fatigue and the market’s attention becoming “tokenized memetic.” “We saw an explosive new market emerge out of nowhere and we realized it was going to be the horse of this cycle. We knew we had to go in and win,” said Tensor co-founder Ilja Moisejevs on…

The T-Rex 2X Long MicroStrategy Daily Target ETF (MSTU) surged by an impressive 52% today. The ETF saw record trading volume, with over $1 billion exchanged throughout the session, marking a historic day for the fund. Senior ETF analyst Eric Balchunas highlighted the remarkable price movement on X. MicroStrategy ETF Breaks Records Balchunas commented, “MSTU is up 50%(!) today… on a record $1b in volume too. Wild scenes today.” Moreover, he also pointed out the broader market activity. He noted that the “Bitcoin Industrial Complex,” including ETFs and companies like MicroStrategy (MSTR) and Coinbase (COIN), witnessed an unprecedented $38 billion…

Ripple’s RLUSD token, a new stablecoin pegged to the U.S. dollar, has witnessed significant on-chain movement ahead of its anticipated launch this year. On November 7, blockchain analytics reported multiple high-volume transfers, totaling 294,000 RLUSD, involving both Ripple’s Treasury and various unidentified wallets. Series of Ripple’s RLUSD Transfers The most substantial transfer involved 78,500 RLUSD, which moved from Ripple’s Treasury to unknown wallets before being transferred again between unknown wallets. Another significant transaction saw 68,500 RLUSD initially moved from the RLUSD Treasury to an unidentified wallet, and then promptly returned to the Treasury. Additionally, transfers of 58,500 RLUSD and 88,500…

Binance, a leading global cryptocurrency exchange, has declared its support for the imminent update on the Filecoin (FIL) network. Scheduled to commence on November 21, 2024, at 01:00 UTC, this update will involve a temporary halt on the deposit and withdrawal functionalities for FIL and other tokens on the network. The intention behind this update is to improve user experience and bolster the network’s reliability. Contents hide 1 What Changes Will Occur During the Update? 2 Will User Experience Improve? What Changes Will Occur During the Update? During this network upgrade, Binance will oversee all necessary technical processes internally, which…

The next few weeks will see bitcoin (BTC) experience massive volatility due to uncertainty surrounding the United States presidential election, the “Trump trade” narrative, and the Q4 seasonality performance the asset has witnessed in past years. Analysts at the crypto exchange Bitfinex said in a weekly report that these factors would create a “perfect storm” for BTC; however, they also promise exciting times ahead for the leading cryptocurrency, regardless of narratives making the rounds in the industry. The “Trump Trade” Narrative The U.S. presidential election has a growing influence on bitcoin’s price movements in the near term. The crypto community…

Donald Trump’s election victory and promised crypto-friendly policies could accelerate digital asset adoption in Latin America, where stablecoins and Bitcoin already serve as inflation shields and remittance channels for millions, experts say. Regional exchanges are reporting a spike in crypto activity as the President-elect’s pro-Bitcoin stance resonates in inflation-hit economies. The president-elect’s pledge to establish a national Bitcoin reserve and ease regulatory burdens arrives as Latin America emerges as a key growth market, processing over $85 billion in crypto transactions annually, according to Chainalysis data. Regional players see Trump’s win as a potential catalyst for increased institutional adoption and cross-border…

Injective, a prominent blockchain, has announced its exclusive collaboration with the Artificial Superintelligence Alliance of Fetch.ai. The integration fuels blockchain innovation and interoperability, bringing together 2 top players in the Web3 sector. The platform took to social media to provide the details of this integration. 1/ AI Finance has arrived on Injective 🤖Injective and the Artificial Superintelligence Alliance (ASI) have officially activated interoperability rails, marking a new era of AI-enabled on-chain finance.Learn more about what’s to come: 👇 pic.twitter.com/jAXhBMSuhq — Injective 🥷 (@injective) November 7, 2024 Injective Integrates with Artificial Superintelligence Alliance for Cross-Chain Functionality Injective pointed out that its…