Author: NBTC
Crypto investor JAKE Gagain has reiterated his conviction that Shiba Inu will be the first meme coin to attain a $100 billion market cap. Gagain reestablished this assertion in a recent post on X following Shiba Inu’s latest run, which saw the asset soar past the $20 billion market cap to become the 10th largest asset. Despite SHIB’s latest drop from this high, Gagain remains confident of its potential. $SHIB Will Be The First 100 Billion MC Memecoin. pic.twitter.com/YogeSb2E7q — JAKE (@JakeGagain) March 15, 2024 Shiba Inu Becoming First Meme to Hit $100B Gagain’s new statement built upon his earlier…
Crypto.com is expanding its global presence by launching its app in South Korea, slated for April 29. Following regulatory approvals, Crypto.com officially announced that its app will launch in South Korea, granting retail customers access to trade over 150 cryptocurrencies and explore exclusive non-fungible token (NFT) projects. https://t.co/vCNztATkNg App is going live in South Korea on 29 April Retail users will soon have access to 150+ cryptocurrencies securely and reliably Register your interest here: https://t.co/MN6tlRL3Qg More details: https://t.co/ZJ2JtO1Hc0 pic.twitter.com/xNSnuRgMS2 — Crypto.com (@cryptocom) April 2, 2024 What Crypto.com App Will Offer in South Korea With the app’s debut in the country,…
Jito (JTO) token price continued its upward trend on Saturday as Solana jumped to a high of $200. The coin soared to a high of $3.90, its highest point since December 9th. It has soared by more than 150% from its lowest point this year, giving it a market cap of over $300 million. Jito, a leading player in the liquid staking industry, is slowly catching up to Marinade Finance. Data in its website shows that investors have deposited 8.9 million Solana tokens in the ecosystem. At the current price, Jito has over $1.7 billion in assets. More than 89k…
Deribit FZE, the Dubai-based arm of Deribit Group, a firm in the cryptocurrency derivative options market, has announced the acquisition of a conditional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This license, covering both spot and derivatives trading, remains non-operational until Deribit fulfills all remaining conditions and localized requirements outlined by VARA. As part of its strategic moves, Deribit is in the process of relocating its global headquarters to Dubai. The appointment of Luuk Strijers as the Chief Executive Officer, along with the addition of two Non-Executive Directors, marks significant leadership changes within the…
Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term. Bitcoin price remained in a positive zone above the $66,500 level. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $71,200 resistance zone. Bitcoin Price Restarts Increase Bitcoin price remained stable above the $65,000 resistance zone.…
Manta Network, a prominent multi-modular forum dealing with zero-knowledge applications, has made a significant announcement. As the company said, it is introducing Manta Restaking Paradigm to deal with Liquid Restake Tokens (LRTs) for the optimization of yield generation and capital efficiency. With the respective development, consumers can create a bridge between their weETH tokens and Manta Pacific. Manta Network’s Unique ‘Manta Restaking Paradigm’ Intends to Boost User Confidence In this way, they can take part in the network’s Restaking Paradigm. With this, the users can get extra rewards along with using LRT coins in Renew Paradigm. The rewards dealing with…
Binance Labs, the venture capital arm of Binance, the world’s largest cryptocurrency exchange, has invested in many cryptocurrency projects to date. While these projects include the altcoin named Stepn (GMT), Binance Labs started selling GMT. According to Spot on Chain’s post, Binance Labs address (0x2e…e6c2) transferred 9.33 million GMT (worth $3.14 million) to Binance today. Binance Labs currently has 9 million GMT left. “Wallet 0x2e5 (presumably Binance Labs) deposited 9.33 million GMT ($3.14 million) to Binance 9 hours ago. Binance Labs, a strategic investor in Stepn, allegedly deposited 37.1 million GMT into Binance since July 2023 at $0.24, followed by…
This halving cycle might see an earlier rally compared to previous ones mainly due to the impact of spot Bitcoin exchange-traded funds (ETFs), said 21Shares in a recent report. According to 21Shares, the circumstances surrounding the upcoming Bitcoin halving appear to diverge from historical patterns. A combination of factors on the supply and demand side creates favorable supply-demand dynamics; as a result, the rally for this halving cycle might kick off earlier than in past instances. Notably, the introduction of spot Bitcoin ETFs has opened the door for significant institutional investment, leading to a surge in demand and price growth,…
Crypto exchange Bitget on Tuesday announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into cryptocurrencies. Through the partnership, Indian users can now use United Payments Interface (UPI) and Immediate Payment Service (IMPS) for INR deposits. Users in Nigeria, United Arab Emirates, and Mexico can deposit NGN, AED, and MXN respectively through bank transfers. Additionally, Vietnamese users can use VietQR, a mobile QR code payment system, for VND deposits. This breadth of supported currencies grants users convenient mechanisms for converting between crypto and fiat currencies. Notably, Bitget is extending a zero-fee offer for all…
Bitcoin (BTC) has powerfully reclaimed the $70,000 psychological barrier, signaling a potential bullish breakout. The surge comes after BTC consolidated above $65,000, indicating strong underlying support. “This move could have significant implications for Bitcoin’s trajectory and might ignite further gains,” says market analyst Alican Çınarbaş. Stay ahead of the crypto market curve with this in-depth analysis of Bitcoin’s price action, potential drivers, and what to expect next. Bitcoin Price Analysis: Bulls Take Control BTC USDT 4D Chart on Binance Bitcoin has decisively broken through the $70,000 resistance level, fueled by renewed bullish momentum. This follows a consolidation phase above $65,000,…