Author: NBTC

Telegram game Hamster Kombat launched its long-awaited HMSTR token Thursday on The Open Network (TON), and while some players complained of smaller-than-expected airdrops feeling like “dust,” the token saw sizable trading action in its first day on the market. HMSTR logged more than $1.2 billion worth of trading volume in its first 24 hours, per data from CoinGecko early Friday, putting it not far behind the 24-hour trading of top cryptocurrencies like Binance Coin (BNB), Dogecoin (DOGE), and XRP. The token is currently priced at $0.0067, down approximately 18% over the last 24 hours and settling at a current market…

Democratic Senator Elizabeth Warren launched a pointed attack on her Republican opponent, attorney John Deaton, during a heated Massachusetts Senate debate co-hosted by WBZ and The Boston Globe late Tuesday evening, accusing him of being beholden to the crypto industry. Warren, a longtime advocate for tighter regulation on digital assets, claimed Deaton prioritized crypto interests over the needs of working-class Americans. “One candidate standing here gets 90% of their campaign funding from one industry—the crypto industry. One candidate has openly admitted that 80% of his personal worth is tied to crypto,” Warren said during the debate. “If John Deaton goes…

Binance has announced the launch of a new BNSOL/USDT trading pair and expanded trading options across its spot, margin, and trading bot platforms, effective October 17, 2024. Binance Introduces New BNSOL/USDT Trading Pair and Expands Margin Services with Trading Bots BNSOL/USDT trading will be available on Binance Spot at 11:00 AM on October 17, 2024. Trading Bots services for Spot Algo Orders will also be enabled for the BNSOL/USDT pair, providing automated strategies for users. Expansion of Margin Services Binance will expand margin trading capabilities starting at 1:00 PM on October 17: BNSOL will be added as a collateral asset…

On April 19, 2024, Bitcoin miners witnessed their block rewards halve from 6.250 BTC to 3.125 BTC. This quadrennial event has historically sparked a bull market for Bitcoin, stirring anticipation across the crypto community. The price action has been tepid since the Bitcoin halving. Hence, some analysts are calculating when the Bitcoin bull market will start. Bitcoin Bull Market in 20 Days? Crypto analyst Quinten Francois has highlighted a consistent pattern in Bitcoin’s cycles. He stated that the average Bitcoin cycle begins roughly 170 days after the halving. Currently, 150 days have passed since the Bitcoin halving. Hence, a bullish…

Coinbase Premium Index was negative on October 11-13, 2024. The reason this is making headlines is due to heavy ETF flows and speculation that the difference would reflect the same sentiment. However, it did not, and many are now interpreting this as an increase in retailer interest. Coinbase Premium Index essentially measures the difference between Coinbase Pro price and Binance price. Whales and institutions drive the former, while retail movements primarily drive the latter. Net flows on said dates were $252 million and $556 million, respectively. More data is awaited for the concrete conclusion, which may likely suggest that retailers…

US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, who pleaded guilty to a money-laundering conspiracy related to the $6 billion Bitfinex hack. They believe Lichtenstein reflects a troubling pattern among young cyber criminals who normalize their online offenses and underestimate the harm inflicted on their victims, according to a Bloomberg report published today. In a federal court in Washington, the prosecutors are pushing for “a strong sentence” for Lichtenstein to deter crypto crime. This comes after a court filing last week that recommended Lichtenstein’s wife and co-conspirator, Heather Morgan, serve 18 months in prison. In a court…

Binance, a leading cryptocurrency exchange, has announced its endorsement for the rebranding of KLAY coin to KAIA. The transition will officially begin on October 28, 2024, at 06:00 UTC, at which point all trading pairs associated with KLAY, including KLAY/BTC and KLAY/USDT, will be removed. Subsequently, the new KAIA/USDT trading pair will be available starting from October 31, 2024, at 11:00 UTC. Users are advised to take note of these changes to avoid disruptions in their trading activities. Contents hide 1 What Are the Key Dates for KLAY and KAIA? 2 How Will the Coin Conversion Work? What Are the…

As of Sept. 16, 2024, bitcoin traded at $58,578, within a 24-hour range of $58,231 to $60,366. The leading crypto asset saw a daily trade volume of $26.95 billion, with a market cap of $1.15 trillion. Despite this high liquidity, bitcoin is struggling to break key resistance levels, as technical indicators show mixed momentum. Bitcoin Bitcoin’s 1-hour chart reveals a clear downward trend, with prices sliding from $60,388 to $58,124. The lower highs and lows signal bearish momentum, though there have been some attempts at recovery near the $58,500 level. Unfortunately, low volume doesn’t suggest a strong reversal. Resistance lies…

Main Takeaways: Binance Labs has invested in Lombard, the developer and distributor of LBTC, a security-first Bitcoin liquid staked token that allows both individual holders and large institutions to earn yield on their Bitcoin while leveraging their assets in DeFi. Binance Labs has invested in Lombard, the developer and distributor of LBTC, a security-first Bitcoin liquid staked token (LST) that allows both individual holders and large institutions to earn yield on their Bitcoin while leveraging their assets in DeFi. Through its collaboration with Babylon, Lombard aims to bridge the gap between Bitcoin’s economic value, security capabilities, and the dynamic opportunities…

October 2024 will bring in quite a lot of token unlocks, with approximately $3.46 billion worth of cryptocurrencies scheduled for release, according to Token Unlocks data. Several key tokens, including TIA, WLD, and SOL, will experience the effects of it, the most. TIA leads the unlock event with $1.12 billion worth of tokens set to be released. SOL ranks second with $360.80 million worth of tokens set to unlock, while WLD follows closely with $336.31 million. 📈 Uptober is just around the corner – Stay Informed, Not FOMO-DrivenWith $3.46B in token unlocks scheduled for the month, it’s essential to keep…