Author: NBTC

OKX, a leading cryptocurrency exchange platform, announced that it has listed VENOM on futures in a bid to strengthen its offerings in the ever-expanding crypto market. OKX Adds Perpetual Futures for VENOM, Introduces Margin Trading and Simple Profit Features This development comes alongside the introduction of margin trading and Simple Earning features for VENOM, which are planned to be implemented in the coming days. According to the official statement made by OKX, USDT margin perpetual futures trading for VENOM will go live on March 25, 2024 at 11:30. Additionally, margin trading and Simple Profit feature for VENOM will be enabled…

DAMN, the recently launched meme coin on Shiba Inu’s Shibarium blockchain, has continued to garner market-wide attention, recording over five-fold growth in under three days of launch. Members of the Shiba Inu Army are demonstrating their formidability as the new meme coin in the community continues to record staggering metrics in its first few days of existence. Shibarium Meme Coin Rockets 523% According to statistics from the crypto tracking DexScreener, the Shibarium meme coin DAMN has recorded an astonishing 201% gain in the last 24 hours. This surge puts its press time price at $0.00007674 and 0.00008208 against its trading…

Binance’s buyer in Russia, CommEx, has declared a phased shutdown of its services without providing a reason for the decision. CommEx, a crypto exchange, which took over Binance’s Russian business following the latter’s departure from the country, has announced plans to shutter operations in Russia. While the exchange has refrained from elaborating on the motives behind this decision, it outlined that starting from Mar. 25 at 10:00 (UTC), new user registrations will be suspended, and asset transfers from Binance will cease. “With regret, after a thorough analysis of the current situation and a review of strategic plans, we are forced…

Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector. According to ComNews, Alexander Brazhnikov, the Executive Director of the Russian Association of Cryptocurrency and Blockchain (RACIB), spoke about the bill at a crypto-related event on March 22. Russian Crypto Industry: Time to Legalize Mining Brazhnikov said he expected 2024 to “bring many changes for the industry. He explained: “I have spoken with regulators. They said that we should not wait for their proposals on the formation of a bill on mining in Russia. Instead, they suggested…

Data shows the cryptocurrency futures market has seen liquidations amounting to $700 million in the past day as Bitcoin has gone through its volatility. Bitcoin Has Seen Intense Price Action In Past 24 Hours The past day has been a bit of a rollercoaster for Bitcoin, with the asset registering sharp price action in both directions but ultimately going up as the bulls win out. The chart below shows what the price action for the cryptocurrency has looked like recently. The price of the asset seems to have enjoyed sharp bullish momentum recently | Source: BTCUSD on TradingView From the…

Litecoin, one of the pioneering cryptocurrencies in the digital asset space, has recently undergone a core upgrade, introducing several noteworthy changes to the LTC network. The latest core upgrade, “Litecoin Core v0.21.3rc3,” brings several key improvements and features to the Litecoin network. This update marks an important milestone in Litecoin’s ongoing evolution and highlights the project’s commitment to enhancing its technology and functionality. #LTCdev: Litecoin Core v0.21.3rc3 released! Please test thoroughly and read release notes here: https://t.co/pUXo3kEHz0 — Litecoin Foundation ⚡️ (@LTCFoundation) March 21, 2024 The Litecoin Core 0.21.3 release candidate is a new minor version release, including new features,…

Cryptocurrency exchange Binance is talking with several platforms about selling its Russian business and is looking for a new buyer to replace CommEX. According to Forbes, the world’s largest crypto exchange noted that CommEX, which announced its intention to cease operations, cannot fulfill obligations under the deal concluded in September 2023. Binance representatives said they are aware of CommEX’s intention to cease operations. The company emphasized that CommEX’s decision does not affect its obligations to Russian users and that the users’ digital assets remain safe. “Our decision to exit the Russian market remains unchanged, and we are currently in discussions…

Bitcoin price is correcting gains from the $64,000 resistance. BTC might find strong support near the $59,250 level or the 100 hourly SMA. Bitcoin price is correcting gains below the $62,250 resistance zone. The price is trading above $60,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $62,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower toward $60,000 or even to the 100 hourly Simple moving average. Bitcoin Price Starts Correction Bitcoin price extended its rally above the $62,000…

Rails, the self-custodial crypto perpetuals exchange, is pioneering a groundbreaking approach to crypto trading. By leveraging audited smart contracts on the blockchain and employing zero-knowledge proofs, Rails ensures that users have full control over their funds, thereby eliminating the risk of fraud and theft. —Unlike platforms that swing to extremes of centralization or decentralization, Rails strikes a balance, offering a solution that prioritizes both efficient trading and user ownership. This innovative approach has garnered significant attention, leading to a recent funding round of $6.2 million from Slow Ventures, Round13 Capital, and CMCC Global.Rails’ unique selling point lies in its self-custodial…

The decentralized oracle network Chainlink (LINK) is ahead of all other crypto projects in terms of recent development activity, according to the analytics firm Santiment. Santiment notes that Chainlink is at the top of the list with an average of 451.23 notable GitHub events over the past 30 days. The smart contract platform Cardano (ADA) is second, clocking 444.7 events with Status (SNT) taking the third spot with 434.5 events. Status aims to offer users a secure messaging app, crypto wallet and web3 browser via an open-source, peer-to-peer protocol and end-to-end encryption. The Ethereum (ETH) layer-2 scaling solution Optimism (OP)…