Author: NBTC

China’s central bank, the People’s Bank of China, has published a digital yuan service guide for foreign visitors to help them make contactless payments with e-CNY. As per a local news report, “Explore the Splendors of China with e-CNY Service Guide for Visitors in China” published by the central bank, international tourists can now pay in digital yuan with accounts linked to their cards via the official mobile app. Download e-CNY App and Open Digital Yuan Wallet Available in App Store and Google Play, the “e-CNY” app offers China’s central bank digital currency (CBDC) account registration service through local banks…

Solana-based memecoin Dogwifhat is on a major price rally with gains standing at a staggering 300% over the last week. The recent Dogwifhat (WIF) price rally to $1.25 has helped some traders mint multi-million dollars in a short time. Trader Makes $3.12 Million in Dogwifhat (WIF) Price Rally Insights from on-chain data provider Lookonchain reveal an impressive feat in the cryptocurrency market. As the value of $WIF (Token WIF) continues its upward trajectory, data indicates that a trader who initially purchased 2.58 million $WIF with only 5.288 $SOL (Solana token) valued at $310, is now witnessing a substantial increase in…

Galaxy4Games and Immutable have joined hands to integrate zkEVM into Skiesverse, the pioneering post-apocalyptic Web3 game. This partnership introduces immutable passports for Web3 gamers, ensuring secure minting of new collections and transparent publication of all smart contracts, marking a significant milestone in the gaming sector.—Skiesverse sets itself apart as a pioneering Web3 post-apocalyptic tactical RPG, boasting a user-driven economy where players can mine resources, craft goods, establish and manage businesses, engage in desert skirmishes, vie for control over cities, and more. The game’s tokenomics feature two tokens facilitating operations with NFTs, ranging from characters and businesses to weapons and armor…

Even though Bitcoin has not yet reached its all-time high, its daily trade volume has already exceeded $40 billion, the highest level since the May 2021 sell-off. The daily trading volume of Bitcoin (BTC) has reached its highest level last seen in three years ago as BTC is continuously climbing to its all-time high, Kaiko revealed in a recent research report. According to the published data, Bitcoin’s daily trade volume exceeded $40 billion in early March, surpassing its previous peak hit in the aftermath of the FTX collapse in November 2022. “Buying exceeded selling on most exchanges and trading pairs,…

After the FED left the interest rate unchanged at 5.25-5.50 percent in January, the markets turned to the March interest rate decision this week. When Will the January FED Interest Rate Decision Be Announced? While the second FED interest rate decision of 2024 is expected to have an impact on gold, dollar, oil and crypto currencies, the FED will announce its March decision on March 20 at 21:00 CET. FED President Jerome Powell will make a statement after the decision. In Which Direction Are Expectations Concentrating? While no reduction is expected in March in line with the statements made by…

In the realm of cryptocurrency, Dogwifhat (WIF), the Solana-based meme coin has emerged as a standout performer, captivating the attention of investors with its meteoric rise. Adding fuel to the fire, BitMEX CEO Arthur Hayes has boldly predicted that WIF’s price will soar to $2, further fueling excitement within the crypto community. Notably, the prediction comes amid a time when WIF price was up over 40%. Arthur Hayes’ Optimistic Price Forecast BitMEX co-founder Arthur Hayes has once again captured the spotlight in the crypto world with his bullish prediction for dogwifhat (WIF). In a recent post on X, Hayes expressed…

The crypto market is experiencing a noticeable increase as Bitcoin (BTC) is inching closer to surpassing its highest peak. The cryptocurrency posted a steep rally that saw it hit $68,800 before pulling back to $67,373, representing a 24-hour rise of 5.6% and a huge 19.6% over the week, as per CoinStats data. BTC/USD 7-day Price Chart (source: CoinStats) This rise brought Bitcoin close to its all-time high figure of $69,045, which was recorded in November 2021, therefore triggering talks on market dynamics and the trajectory the cryptocurrency may follow in the future. Market Dynamics and Capital Inflow The past few…

Investment products based on digital assets attracted $2.9 billion in the week from March 11 to March 15. According to a report from CoinShares, capital inflows broke the previously set record of $2.7 billion. The latest week’s inflows take year-to-date inflows to $13.2 billion, topping 2021 total inflows of $10.6 billion. Source: CoinShares At the same time, trading volumes for the week amounted to $43 billion – this is a record for the previous week and more than 47% of the total global volumes of Bitcoin (BTC). Blockchain shares inflowed $19 million for the first time after six weeks of…

Ripple has put back 800M XRP coins in escrow despite unlocking only 500M XRP on the first day of March. Leading crypto payments company Ripple has locked 800 million XRP in its escrow accounts. According to data from Whale Alerts, Ripple locked the XRP coins in three different transactions on March 1. Ripple Locks 800M XRP For the first transaction, Ripple locked 100 million XRP worth $59.48 million in the escrow account on March 1 at 18:50 (UTC). 🔒 🔒 🔒 🔒 🔒 🔒 100,000,000 #XRP (59,486,782 USD) locked in escrow at #Ripplehttps://t.co/KACz527DPn — Whale Alert (@whale_alert) March 1, 2024…

While Bitcoin was winking at its new ATH, $ 68,000 was exceeded last night. While expectations are gathering at the point of exceeding $69,000 in a very short time, ATH has already been exceeded on Upbit, South Korea’s largest cryptocurrency exchange. According to the post of Chinese journalist Wu Blockchain, Bitcoin hit 96,530,000 won, or $72,000, on Upbit on March 5. This 6% difference between the BTC price on exchanges such as Binance and Coinbase and Upbit was attributed to the kimchi premium. The kimchi premium manifested itself not only in the BTC price but also in the Ethereum (ETH)…