Author: NBTC

Coinbase introduces VeChain (VET) to the German market, expanding crypto accessibility. VeChain’s sustainability focus, VeBetterDAO, attracts attention, driving community engagement. Testnet launch of VeBetterDAO offers airdrop campaigns, fostering user participation. Coinbase, one of the world’s leading cryptocurrency exchanges, has expanded its offerings to Germany by adding VeChain (VET) and several other digital assets to its platform. The move comes amidst growing anticipation within the VeChain community for a significant surge in VET’s value, fueled by the project’s sustainability-driven initiatives. VOXEL, BIGTIME, TIA, HONEY, ONDO, ZETA, AERO, VELO, STRK, MOBILE, and VET are now available to Germany residents. — Coinbase Assets…

Open interest (OI) in Bitcoin futures and perpetual pairs on centralized exchanges (CEXs) have surged to a historic high following BTC unwavering rally to levels not seen since November 2021. According to Bitfinex’s latest weekly report, OI for Bitcoin futures and perpetual pairs reached $26 billion, surpassing the previous record of $24 billion set in Q4 2021. This rise signals growing investor confidence in a pre-halving rally pushing BTC price to and beyond its 2021 ATH of $69,000. Bitcoin Open Interest Surges Open interest for Bitcoin futures and perpetual pairs represents the cumulative value of all unsettled Bitcoin futures contracts.…

Known for adorable memes, its own cutesy language, and massive monuments to beloved pets, the multi-billion dollar ecosystem of Shiba Inu-themed meme coins is generally a place of cuddly cohabitation. But recent tensions between users in the Solana ecosystem—home to the exploding Dogwifhat (WIF) meme coin—and owners of the real-life South Korean dog who inspired the token may have created some trouble in pet paradise. On Thursday, a South Korean Instagram user announced that the Shiba Inu featured in the “Dogwifhat” meme, named Achi, was in fact their pet—and that to celebrate the dog, they planned to auction an NFT…

Ethereum price in the past month has generated billions of dollars in profits for its investors, following a 56% rally. However, this will most likely be paused as the bull market has reached its saturation point, and ETH will begin a decline while the market cools down. Ethereum Market Top Confirmed Ethereum price could be seen trading at $3,921 at the time of writing. The second biggest cryptocurrency in the world has grown by 56% in the past month, rising from $2,500 to trading price. In doing so, the ETH in circulation also became profitable, and with the digital asset…

VeChain starts another journey towards sustainability with the introduction of VeBetterDAO into the ecosystem. According to VeChain, it plans to onboard a million active users while addressing all the sustainability concerns. Sustainability has become an important subject in our environment with countries working tirelessly to achieve the 17 Sustainable Development Goals by the UN. Interestingly, this cut across several areas including economic, environmental, social, etc. Private enterprises have also turned to sustainable practices such as moving away from processes that jeopardize ways of carrying out business operations to methods that leave tremendous blueprints more sustainably by ethical consumers. Over the…

The Terra Luna Classic community’s token burn campaign to reduce the LUNC circulating supply finds support of another crypto exchange. Singapore-based crypto futures trading platform WEEX announced commitment to burn 30% of LUNC trading fees, similar to Binance burning 50% of trading fees for LUNC burn mechanism. WEEX and Binance to Contribute to LUNC Burn Crypto exchange WEEX in a post on the X platform revealed its motive to stand firmly with the Terra Luna Classic community and the LUNC revival efforts. WEEX plans to allocate 15% of trading fees from its Futures Pro and Spot platforms to contribute to…

Photo by neskue on Midjourney March has seen several web3 initiatives to recognize and spotlight women’s achievements in celebration of Women’s History Month. This annual observance, established in 1987, emphasizes the profound contributions women have made to society. Diversity Drives Web3 Growth Monica Talán, Founder and Contributor at Spanish-language web3 platform CryptoConexión, told Cryptonews that raising awareness for women in web3 is not just about achieving gender balance. Rather, Talán believes that highlighting women in the web3 sector will expand the field’s talent pool, leading to fresh perspectives and new approaches. “This will create more equitable economic opportunities, build inclusive…

Bitcoin’s overnight pullback from record highs has normalized funding rates in the crypto perpetual futures market. The market could continue to cool in the coming weeks, one observer said. Bitcoin’s (BTC) overnight pullback from new record highs has cleared out excess leverage from the market, normalizing funding rates in the crypto perpetual futures market. The leading cryptocurrency by market value fell 10% to $59,700 after reaching a new lifetime high above $69,000. The correction led to the forced closure of $1 billion worth of leveraged perpetual futures bets across digital asset markets. The CoinDesk 20 Index (CD20), a broader market…

Radix, a pioneering full-stack layer-1 smart contract platform, has launched Project Ignition this week, an initiative aimed at injecting liquidity into its DeFi ecosystem. The project, which boasts $10 million in liquidity incentives, is set to redefine the DeFi landscape by offering lucrative opportunities for participants and amplifying the scalability of strategies within the ecosystem.—Through strategic partnerships with prominent liquidity pools like CaviarNine, DeFiPlaza, and Ociswap, Project Ignition incentivizes liquidity providers by offering an equal amount of XRD tokens for every $1 in wrapped assets (xUSDC, xUSDT, xwBTC, or xETH) added to the participating pools. With the potential to double…

With the deadline for a decision on the approval of a spot ether ETF by the U.S. Securities and Exchange Commission (SEC) approaching, industry experts are weighing the potential uptake of such a fund. Some say investing in an ether ETF wouldn’t make sense as such funds won’t likely allow staking reward distribution. Investors, they argue, would thus be better off buying and staking their own ether (ETH). But VanEck, the global investment firm whose Bitcoin Trust (HODL) is among the 10 spot bitcoin ETFs that became available earlier this year, thinks an ether ETF could attract huge demand. “From…