Author: NBTC

According to analytics company Lookonchain, a major Bitcoin whale has managed to accumulate $16 million worth of Bitcoin (BTC) again after the market experienced a severe drop. This is the third time that the whale in question has gone on a significant accumulation spree, according to the firm. Overall, they have managed to accumulate $59 million since the start of December. Earlier today, CryptoQuant CEO Ki Young Ju revealed that new Bitcoin whales now hold 9% of Bitcoin’s total circulation supply, amounting to a whopping $1.8 million BTC. However, according to IntoTheBlock, Bitcoin whales are yet to start buying en…

Gold bug Peter Schiff has warned Bitcoin bulls that the expected approval of spot Ethereum ETFs is going to be bearish for the leading cryptocurrency. According to Schiff, any money that moves into Ethereum ETF will “most likely” come from spot Ethereum ETFs that were launched earlier this year to much fanfare. “Investors who decided to make an allocation to crypto won’t increase that allocation to buy Ether,” Schiff added. As reported by U.Today, the U.S. Securities and Exchange Commission suddenly made a shocking U-turn on spot Ethereum ETFs just days before it was widely expected to reject them. Fidelity…

IOTA at AIM Congress 7-9 May 2024, Plus Pre-Event Workshop 6 May Join IOTA at AIM Congress in Abu Dhabi on 7-9 May 2024 plus a special pre-event day on May 6, to explore RWA tokenization, with workshops led by Dominik Schiener and real-world use case demonstrations at our booth alongside Ecosystem Partners. IOTA is proud to be an Official Strategic Partner of AIM Congress, one of the Middle East’s leading investment platforms attracting corporate and business leaders, policymakers, regional and international investors, and entrepreneurs. IOTA will be a major presence in the Future of Finance track, where we’re looking…

Today marks a significant milestone for the digital trading industry as Shift Markets unveils its new Crypto Derivatives Trading Platform. This leading white label solution allows exchanges and brokerages to quickly and efficiently break into the crypto derivatives market. With advanced tools for leveraged trading and sophisticated order types, the platform provides market participants a comprehensive solution to effectively operate and expand their presence in the rapidly growing digital asset market space. Advanced Trading Framework with High-Level Customization The Crypto Derivatives Platform is engineered to surpass the increasing technical requirements of brokerages and exchanges, offering a high level of adaptability…

Prom, a major service provider of blockchain, has announced to integration with MVL which marks a major milestone for Web3 mobility solutions. MVL ‘s innovative approach to the mobility industry has earned its reputation, by making use of blockchain technology to integrate and upgrade all kinds of mobility services. Prom has been in the news regularly now a days with its latest integrations. Its recent integration with Chainspot is of utmost significance. Prom Integrates MVL Into the EcosystemAnother significant addition to our ecosystem, meet @mvlchain, a Web3 mobility ecosystem.MVL is revolutionizing the mobility industry by utilizing blockchain technology to integrate…

Bitcoin’s (BTC) price is reeling from the recent corrections, and to boost the recovery, a major development took place on Monday. Will this event cause BTC’s climb back to $70,000 and potentially a new all-time high? Bitcoin Finds Approval in Hong Kong Bitcoin’s price showed signs of recovery as the biggest cryptocurrency in the world found acceptance in Hong Kong. The country approved the applications of spot Bitcoin and spot Ethereum ETFs on April 15, becoming the second region in the world after the United States. Given the event’s magnitude, this approval will catalyze the potential recovery. Hong Kong is…

The crypto space is buzzing as the deadline for the SEC’s decision on the spot Ethereum ETF looms this week, with a decision expected as early as May 23. Adding to the excitement, top industry analysts have increased the probability of approval from 25% to 75%. This optimistic outlook has already had a notable impact on the market, with Ethereum’s price surging more than 20% in just one day. Prominent cryptocurrency expert Raoul Pal has weighed in on the potential of this development. He highlighted a scenario where substantial demand for the ETF, coupled with the fact that 30% of…

The marketing expert of the SHIB team, Lucie, has taken to her X (formerly popular as Twitter) account to explain an important nuance about SHIB to the community of this popular meme coin. Lucie addressed the question she has been getting recently about whether it is possible to use Shiba Inu on the Ethereum chain. Lucie has revealed why this cannot be done without the participation of Ethereum developers. Challenges for using SHIB on Ethereum as gas token In her recent tweet, Lucie addressed the fact that some people within the Shiba Inu community believe it would be a good…

CatCoin (CAT), a meme-based community-influenced crypto project, has warned the BitForex Crypto Exchange regarding CAT tokens withdrawal. In a recent post on X, CatCoin representatives threatened to pursue legal action against BitForex and its former CEO, Jason Luo. This is a formal warning to @bitforexcom Exchange regarding the withdrawal of $CAT tokens. We may pursue legal action against both Bitforex and its former CEO, @JasonLuoBF, who remains in charge of the exchange. Despite repeated attempts to contact both parties, there has been… — CatCoin (@catcoin) May 24, 2024 According to CatCoin, it has made multiple efforts to contact BitForex but…

PlayFi has announced its plans to roll out a presale event for node license on Polygon. This officially marks the entry of the AI-powered data network. PlayFi has called this a pivotal moment, reflecting a blended vision of Blockchain and gaming. Notably, this is not the first time Blockchain and gaming have come together. What makes this development interesting is that another player in the gaming industry has realized the potential of Blockchain technology. Franklin Mongiove, the Head of Partnerships at PlayFi, has said that it can play an important role in creating renewed innovation in gaming. Franklin has further…