Author: NBTC

Binance Futures is set to introduce new trading options with the launch of USDⓈ-margined perpetual contracts for 1000WHYUSDT and 1000CHEEMSUSDT offering up to 75x leverage. Binance Futures to Launch Perpetual Contracts for 1000WHYUSDT and 1000CHEEMSUSDT with Up to 75x Leverage Launch Schedule 1000WHYUSDT Perpetual Contract: Trading starts at 14:30 on 25-11-2024. 1000CHEEMSUSDT Perpetual Contract: Trading starts at 14:45 on 25-11-2024. Key Details Verification: WHY Contract Address: [0x9ec02756a559700d8d9e79ece56809f7bcc5dc27] Cheems Contract Address: [0x0df0587216a4a1bb7d5082fdc491d93d2dd4b413] Maximum Funding Rate: ±2.00% at launch. Funding Fee Settlement: Every four hours. These contracts aim to expand the range of trading options for users while improving the overall trading…

Bitcoin’s price took a turn for the worse in late Monday evening in Europe. The sellers have reappeared and established control, pushing the cryptocurrency below $67,000, losing about 2.5% in the past 24 hours. The move has pushed the total liquidations in the derivatives market to about $200 million. In the past four hours alone, almost $70 million worth of leveraged positions—the majority of them long — were wiped off the market. This latest move caused a lot of uncertainty in the market, with many wondering whether the rally to a new all-time high is put on pause. Some popular…

The Solana blockchain’s meme coin market has reached a $12.2 billion market cap, a 7.3% increase in the past 24 hours, according to Coinmarketcap. Solana’s meme coin sector is seeing growing interest, with tokens like WIF, POPCAT, and BONK leading the surge. ⚡️ BREAKING: Meme tokens on the #Solana chain have exceeded $12 billion in market value, achieving a record high with a 7.3% market cap increase.The leading meme tokens are: $WIF, $POPCAT, $BONK, $MEW, and $GOAT.#Memecoins #cryptocurrency pic.twitter.com/Rx90WR4VrA — Coin Edition: Your Crypto News Edge ️ (@CoinEdition) October 29, 2024 WIF, also known as dogwifhat, is the top Solana…

South Korea’s financial watchdog has doubled its restrictive stance toward crypto, rejecting the launch of exchange-traded funds (ETFs) that track companies linked to digital assets. Local media reported on Nov. 20 the Financial Supervisory Service (FSS), citing policies rooted in a 2017 government directive, has barred asset managers from introducing ETFs focused on firms like Coinbase. This move follows a broader prohibition on Bitcoin (BTC) spot and futures ETFs due to the South Korean Capital Markets Act, effectively sidelining an essential avenue for institutional investment. Contrary to global movements The decision to block ETFs investing in virtual asset firms has…

Digital prime brokerage GCEX has strengthened its partnership with institutional custodian Hex Trust, launching a new “Secured Accounts” service to provide enhanced protection for institutional digital assets in the EU and the UK markets. The new offering builds upon the firms’ three-year collaboration, integrating Hex Trust’s bank-grade custody infrastructure to deliver segregated asset storage that adheres to regulatory requirements. The service specifically targets hedge funds, asset managers, and brokers seeking institutional-grade security for their digital holdings. Lars Holst, CEO & Founder, GCEX “Our Secured Accounts service addresses a critical need for institutional clients by providing a robust mechanism for safeguarding…

A widely followed crypto analyst is issuing a Bitcoin warning after BTC‘s failed breakout and dip to the $66,000 range early Monday. In a new video update, crypto strategist Benjamin Cowen tells his 818,000 YouTube subscribers that Bitcoin is showing similarities to a 2019 correction. “If Bitcoin does start to fade, if it can’t break through this [resistance around $70,000], if it starts to fade, then it’ll start to show more of those 2019 similarities… The thing that hasn’t necessarily run its course is that when Bitcoin broke out [in 2019], we had already had 75 basis points of rate…

A major Dogecoin whale recently made two large transfers totaling over 178 million DOGE, worth approximately $31.6 million. The transactions suggest a huge DOGE accumulation. Thus, crypto analysts expect a potential surge to the $0.2 level. Dogecoin Whale Accumulates 178 Million Tokens The above-mentioned transactions by the Dogecoin whale involved 75.2 million DOGE, valued at $13.4 million, from Robinhood, a popular crypto exchange. Just before this transfer, they accumulated 103 million DOGE worth $18.3 million from Robinhood, according to Whale Alert data. This massive transfer has stirred interest within the DOGE community, as Dogecoin whale activity can often indicate upcoming…

Nexo, a premier digital assets wealth platform, dedicated to enabling users to grow, manage, and safeguard their cryptocurrency holdings, has launched the industry’s first Personal USD Accounts.— With a focus on customer success, Nexo delivers solutions that create enduring value, backed by 24/7 client support. This latest innovation allows clients in over 150 countries to access USD bank transfers directly to and from accounts in their own names. The service, which also includes EUR and GBP accounts, empowers users with unmatched multi-currency management in a single, unified platform.This development represents a major milestone in Nexo’s mission to integrate cutting-edge financial…

U.S. Customs and Border Protection, at the request of the Federal Communications Commission, has been detaining imports of Bitmain’s Antminer ASIC miners at ports nationwide for up to two months. The delays have impacted seven U.S.-based Bitcoin (BTC) mining companies without answers, according to a report from Blockspace. The detained models include the S21 and T21 series miners. CBP has not disclosed the reason for the detentions or provided a timeline for resolution. Some affected companies have reported daily holding fees exceeding $200,000. The holds do not appear to target other ASIC manufacturers, such as MicroBT or Canaan, and are…

Solana’s monthly DEX volume reached $109.8 billion in November. Daily transaction volume on Solana averages 53 million, showcasing its scalability. Solana has achieved a major milestone as its decentralized exchange (DEX) volume surpassed $100 billion in November. According to DefiLlama, Solana recorded $109.8 billion in DEX trading volume, doubling Ethereum’s $55 billion. The network also posted a remarkable 100% increase from October’s $52.5 billion, showcasing its dominance in DeFi. This growth is driven by Solana’s unmatched scalability, memecoin activity and low transaction fees fueling over $5 billion in daily trading volume. Solana processes 53 million daily transactions, far outpacing other…