Author: NBTC

Whales scoop Bitcoin as pullback dents bulls’ momentum Bitcoin price touched lows of $65,911 as US government transferred its Silk Road BTC Bitcoin pulled back from its intraday highs around $70k on Monday to wipe gains seen after former US President Donald Trump highlighted the recently concluded Bitcoin 2024 conference. But the upside move built around Trump’s speech faded abruptly after the US government moved $2 billion in BTC from the Silk Road. The news spooked investors, crashing the crypto market. The price of Bitcoin fell more than 4% to lows of $65, 911 across major crypto exchanges, pushing into…

With a significant decline from its all-time high (ATH), the current price range and market dynamics suggest a complex for Cosmos (ATOM). With several key developments on the horizon and technical signals pointing to both risks and opportunities, understanding what lies ahead for ATOM is crucial for anyone involved in the Cosmos ecosystem. Current ATOM price dynamics and technical indicators At present, Cosmos (ATOM) is trading within a range of $4.65 to $5.00, showing some volatility. Notably, the token price has dropped by a whopping 90% from its ATH. This significant decline underscores the challenges ATOM has faced, including losing…

Bybit, the second-largest cryptocurrency exchange in the world by trading volume, has announced the launch of its Islamic Account, as disclosed to Finbold on Tuesday, September 24. With the new launch, Bybit has become the first global exchange to offer crypto-trading services tailored specifically for Muslim traders in compliance with Islamic law. Bybit is now proud to announce the first ever Crypto Islamic account for all our Habibis out there! https://t.co/XX8pyD451N — Bybit (@Bybit_Official) September 24, 2024 The Bybit Islamic Account Bybit’s Islamic Account gives users access to a range of Shariah-compliant trading products, providing Muslim investors with a platform…

Bitcoin whales are actively accumulating, with a particular whale address recently withdrawing 4,500 BTC from Binance. As Bitcoin experiences a retracement from its recent weekly highs, whale activity has surged, indicating potential future bullish trends. According to whale tracking platform Lookonchain, a significant whale, identified as “12QVsf,” has withdrawn a substantial amount of Bitcoin from major exchanges, likely accumulating amid an anticipation of higher prices ahead. Withdrawals from Binance Lookonchain reported that Whale “12QVsf ” withdrew a total of 4,500 BTC, valued at approximately $302 million, from Binance within the last 22 hours. The withdrawals were conducted at an average…

VeChain’s blockchain network addresses critical supply chain finance issues like fraud, inefficiency, and transparency by offering decentralized ledgers and smart contracts for real-time tracking and data reliability. VeChain’s adoption in real-world applications is growing, marked by new tools like the “Create VeChain dApp” for simplifying decentralized app development. A recent filing detailing the use of blockchain technology for supply chain finance highlights how the VeChain blockchain network caters to a large number of challenges and critical issues involving critical issues like fraud, inefficiency, and limited transparency. Using decentralized ledgers and smart contracts of blockchain networks like Vechain, users can track…

Recently, Floki has achieved important milestones, showing its quick growth in the cryptocurrency market. The Floki trading bot has successfully processed transactions worth $75 million, proving it can reliably handle large amounts of trading activity. FLOKI TRADING BOT CROSSES RECORD HIGH: $75 MILLION TRADING VOLUME, 25,000 USERS, AND $1,000,000 IN FEESThe #Floki Trading Bot has rapidly gained traction, surpassing $75 million in trading volume, 25,000+ users, and generating $1,000,000 in fees — marking a new all-time high!… pic.twitter.com/Zq5sxVANhP — FLOKI (@RealFlokiInu) September 23, 2024 The Floki Trading Bot is an automatic tool that uses algorithms to trade in financial markets…

Last week, Bitcoin Lightning developer Jordi Montes disrupted the US presidential campaign trail and the largest Bitcoin gathering in the world by trying to hide his cigarette lighter inside a conference hall. Bitcoin 2024 organizers scheduled Donald Trump to speak on Saturday, July 27 at 2:00pm and as the majority of the conference’s 20,000 attendees queued to enter Nashville’s Music City Center main stage — some of whom had paid $60,000 for a selfie or $844,600 for roundtable seating — secret Service agents made everyone wait an extra hour. Montes, however, was allowed to enter the main stage area via…

According to an announcement yesterday, SBI Digital Community, a subsidiary of SBI Holdings, has entered into a strategic alliance with Ripple. As part of the partnership, SBI Digital Community will promote the usage of XRPL in the Web3 sector, potentially increasing its user base. Specifically, SBI Digital Community’s Web3 Bto3 platform will expand the usage of XRPL, especially by supporting the issuance of non-fungible tokens (NFTs) on the leading blockchain. According to the announcement, SBI Digital Community will use the xrp.cafe infrastructure to issue NFTs. Interestingly, xrp.cafe confirmed the development in a post on X, highlighting that SBI Digital Community…

HashKey Global, a licensed virtual asset exchange, has announced the launch of a zero-fee campaign for futures trading, set to go live on September 27, 2024. Aiming to become the world’s largest licensed futures trading platform, HashKey Global is the first in the industry to introduce zero trading fees for futures trading, eliminating all trading costs for users and offering a more competitive trading environment for traders worldwide. As a licensed exchange, HashKey Global achieved profitability within three months and has risen to the ranks of top global exchanges within just six months (*According to Coingecko, as of September 23,…

Animoca Brands, The Sandbox (a subsidiary of Animoca Brands), and Smobler entered into a partnership to bring out the virtual version of Universal Peace Sanctuary. The Sandbox will host it as a Web3 game with decentralization and a robust metaverse architecture. Needless to say, it is a digital counterpart of its physical version with a similar aim to promote peace and harmony in the world. The virtual experience of Universal Peace Sanctuary is already live, and players of all ages are welcome to participate. It further eliminates any criteria about one’s background. Universal Peace Sanctuary is a digital destination that…