Author: NBTC

Bitcoin surged to an all-time high price late Tuesday as President-Elect Donald Trump’s projected win took shape, bringing the rest of the crypto market with it. But one of the biggest gainers over the past day might be unexpected—it’s from an Elon Musk-themed Telegram tap-to-earn game. X, the token of Telegram game X Empire, is now up 53% over the last 24 hours per data from CoinMarketCap, at a current price of $0.000073. The token, minted on The Open Network (TON), blasted as high as $0.000096 late Wednesday, bouncing back from an all-time low of $0.000033 on November 3. In…

Jesse Pollak, Coinbase’s Wallet lead and Base founder, announced the introduction of a new ‘tap to pay’ feature for the Coinbase wallet. He revealed that the Coinbase non-custodial crypto wallet solution scheduled for a 2025 rollout will rival giants PayPal, Cash App, and Venmo. Speaking at the DevCon conference in Bangkok on November 13th, Pollak claimed the crypto solution was currently undergoing internal alpha testing with a full rollout to nearly 50 countries coming soon. He added that the new feature will provide merchants with a better, faster, and more global tap-to-pay experience. Coinbase wallet introduces a tap-to-pay feature for…

The news is causing a stir in the world of finance: VanEck, one of the leading investment companies, has recently published a bold forecast regarding the future of Bitcoin. According to the company, the price of Bitcoin could reach 3 million dollars by 2050. This extraordinary estimate has sparked a lot of interest and debates, leading investors to question the role of Bitcoin as a potential global reserve asset in the long term. Let’s examine in detail the reasons for this prediction, the factors that could contribute to its realization, and what it could mean for the cryptocurrency market. VanEck…

Telegram tap-to-earn combat game MemeFi has delayed its airdrop date yet again, pushing back its final snapshot of player activity as the team prepares for the Sui token launch. In a Telegram community post, the game’s team blamed remaining work to be completed for the token listing on the “developer and legal side.” This is the second formal delay for the token launch, which was originally dated for October 9 and later moved to November 12. MemeFi is a tap-to-earn game that sees players fight against meme-inspired enemies by tapping the screen, earning coins in the process. As with most…

Gemini, a prominent cryptocurrency exchange, issued an apology after mistakenly alerting users that Bitcoin had surged to $110,000, raising concerns over communication accuracy. This error, sent via email on November 13th, highlights the potential impact of misinformation on investor behavior and market dynamics. As noted by a COINOTAG source, “Misinformation can cause ripple effects throughout the crypto market, leading to hasty trading decisions.” Gemini’s false Bitcoin alert underscores the importance of reliable communications in crypto trading, affecting investor sentiment and market stability. Impact of Incorrect Alerts on Investor Sentiment and Market Dynamics The recent incident with Gemini is a stark…

Popular smart contract network Cardano (ADA) has launched node 10.1 in a critical release ahead of the upcoming Chang 2 hard fork, which will bring significant upgrades to the network’s governance system, including completing the transition to on-chain governance. The price of Cardano has notably surged by more than 8% over the last 24-hour period to now stand at $0.358, amid a wider cryptocurrency market rise fueled by Republic candidate Donald Trump winning the US presidency for a second time. ADAUSD Chart via CryptoCompare The hard fork builds upon the foundation laid out by the Chang 1 hard fork back…

The leading cryptocurrency exchange in South Korea, Upbit, is currently under investigation for serious breaches in customer identification protocols. Reports from blockchain journalist Wu Blockchain indicate that the Financial Intelligence Unit (FIU) has uncovered over 500,000 improper identification submissions during its inquiry, raising alarms over possible money laundering and other illicit activities. Contents hide 1 What Issues Did the Investigators Find? 2 How Could This Impact Upbit’s Future? What Issues Did the Investigators Find? The FIU initiated its review in August as part of Upbit’s license renewal process. Findings revealed that the exchange had inadequately executed its KYC processes. Users…

Buoyed by the prospect of a friendlier regulatory environment, altcoins were the biggest advancers after crypto-friendly GOP candidate Donald Trump Tuesday evening won another term in the White House. The largest gainer by a wide margin was Uniswap’s (UNI), which was higher by 28% over the past 24 hours. Open interest (OI) for the token has soared by 20% in over the past day, according to Coinglass data and over 18 million UNI tokens ($169 million) are now in OI contracts, the highest amount since April 2024. OI in the past 24 hours alone has seen an increase of over…

Donald Trump and his transition team have started exploring pro-crypto candidates for key financial regulatory roles who favor a less restrictive stance on digital assets. Candidates under consideration include Hester Peirce, Mark Uyeda, and Paul Atkins as possible replacements for SEC Chairman Gary Gensler. The SEC Will Look Different Under the New Trump Administration According to The Washington Post, Trump’s team is reviewing a mix of current regulators, former officials, and financial industry leaders, many of whom have voiced strong support for cryptocurrency. These appointments hold significant influence. The next chair of the SEC and other regulatory agencies will shape…

Cayman Islands-based crypto exchange BitMart launches a two-day giveaway event for Shiba Inu, allowing its users to win a share of 121,914,968 SHIB tokens. The exchange announced the development yesterday, calling its users to participate in the promotional event that could see them win a share of the prize pool containing 121,914,968 (121.91 million) SHIB. Notably, the prize was valued at $3,000 USDT at the time of the announcement. According to the announcement, the event will run for two days, from November 15 at 00:00 (UTC) to 23:59 (UTC) on November 17, 2024. How to Participate Participating in the giveaway…