Author: NBTC

Arthur Hayes, founder and ex-CEO of BitMEX, is telling crypto projects to stop wasting their money on centralized exchange (CEX) listing fees. The idea that paying millions to get listed on major exchanges will make your token price pump is just a myth, he says. Instead, it’s the big CEXs, like Binance, who are getting richer while your token sinks. He calls the current state of the market a ‘PvP’ (player vs. player) cycle, where it’s every project for itself. Founders believe that getting listed on a CEX like Binance will skyrocket their token’s value. Hayes disagrees, saying the numbers…

The price of the chief crypto token Bitcoin has surged beyond $63,000. As per the on-chain analytics firm Lookonchain, a significant Bitcoin whale leveraged this price rise by selling up to 1,030 $BTC with a value of $64.27M, breaking even on a noteworthy former investment. This has reportedly enhanced activity within the wider crypto market. The analytics provider took to social media to offer insights into this development. The #Bitcoin price breaks through $63,000 today!A whale sold 1,030 $BTC($64.27M) to break even!This whale withdrew 5,404 $BTC($352.97M) at $65,318 from #Binance between Mar 18 and May 16, then sold 4,856 $BTC($317.87M)…

Degen rose by more than 160% in 24 hours after Coinbase announced trading support for the Base token. io.net token will also list on Coinbase, but its price fell amid a crypto downturn on geopolitical events. Degen (DEGEN) rose sharply after US-based cryptocurrency exchange Coinbase announced it had added DEGEN to its listing roadmap. Per market data on CoinGecko, DEGEN skyrocketed from lows of $0.004 to near $0.012 after the news. In terms of 24-hour gains, the meme coin’s price spiked more than 160%, pushing the Degen token’s value to levels last seen in June this year. DEGEN to list…

Bitcoin Core developers have issued a new, high severity warning about a software bug on one in every six Bitcoin nodes. On Thursday, workers at the open source Bitcoin Core Project who maintain the software running on over 98% of reachable full nodes, disclosed that there is a major security problem with the software running on 17% of the network. Specifically, all software prior to Bitcoin Core version 24.0.1 is at risk. This denial-of-service bug affects approximately 3,330 of the 19,200 self-declared user agents of reachable Bitcoin full nodes, according to surveillance estimates from Bitnodes. In pre-24.0.1 Bitcoin Core software,…

As the cryptocurrency market prepares for its next bullish cycle, there’s a rising sentiment that memecoins could lead the charge. These playful, often humor-based tokens, which historically began as jokes, have demonstrated significant volatility and massive returns during previous crypto booms. But why could they spark the next surge? Below are five reasons why memecoins might kick off the next bullish cycle. 1. Increased Retail Investor Participation Memecoins, by their very nature, attract retail investors — people who are newer to the cryptocurrency space or don’t have large sums to invest. They’re affordable, fun, and often surrounded by strong communities.…

Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this context, Binance, which publishes reserve reports at regular intervals, has published the 23rd Report (snapshot date October 1) of its reserves. Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, XRP, USDC, TUSD, Dogecoin (DOGE), Polygon (MATIC), Polkadot (DOT), Chainlink (LINK), SHIB, Arbitrum (ARB), Litecoin (LTC), Optimisim (OP), Chilliz (CHZ), UNI, Aptos (APT), GRT, SSV, CHR, ENJ, 1INCH, CRV, WRX, MASK, HFT, BUSD and CVP and Pepecoin (PEPE) was…

It is expected that the Bitcoin market will embrace a strong bullish uptrend soon. Right now, the Bitcoin price stands at $63,455 – which is the highest the price has reached this month. Lately, the market has witnessed at least four consecutive green candlesticks, indicating that the market is aggressively moving towards a bullish phase. Now, a crypto analyst, identified as IncomeSharks on X, shares an interesting observation made using OBV about the potential BTC uptrend. Bitcoin On-Balance Volume Analysis: Vital Insights The OBV chart shared on X by IncomeSharks shows that the OBV value has broken a crucial level.…

Billy Markus, who is known for his contribution to the creation of Dogecoin (DOGE), the most famous meme cryptocurrency, who even adopted the nickname Shibetoshi Nakamoto, has once again touched on the matter of his cryptocurrency holdings. Answering a question from followers about whether the DOGE co-creator is invested in some new, freshly launched digital assets, Markus revealed that he bought Solana meme coin Moo Deng, but it “went way down after all,” and he eventually acknowledged that he is very bad at buying tokens. When the discussion touched the performance of the Dogecoin creator with DOGE, though, it became…

Binance, one of the world’s largest cryptocurrency exchanges, announced that it will convert delisted tokens into USDC for users who hold these tokens in their Binance wallets. Binance to Convert Delisted Tokens to USDC by April 2025 The conversion process will begin after a snapshot of users’ assets is taken at 03:00 on October 29, 2024, and will be completed by April 28, 2025. Affected Tokens and Withdrawal Deadline The tokens affected are: Vai (VAI) Tornado Cash (TORN) OMG Network (OMG) Waves (WAVES) HUMIDITY (XEM) BarnBridge (BOND) Dock (DOCK) MDEX (MDX) PolkaStarter (POLS) Pundi X PURSE (PURSE) Binance users who…

Earlier today, prominent blockchain tracker Whale Alert spread the word about several Satoshi-era Bitcoin wallets awakening after staying for more than 15 years in hibernation. Five dormant 2009 Bitcoin miners suddenly re-emerge However, analytics account @lookonchain has published a post, revealing that within a single hour there were five dormant Bitcoin wallets that have awakened, each containing 50 BTC – the equivalent of $3.18 million. By November 2012, when the halving took place, the Bitcoin network had reached 210,000 blocks. All of them are miners who earned their 50 BTC for generating a Bitcoin block in 2009 – the year…