Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Catizen’s path to its upcoming token launch on September 20 has been rocky, with players complaining about a previous delay and other moves. But now some players are up in arms again after the airdrop allocations were revealed, with developer Pluto Studio admitting to criteria changes that weren’t disclosed ahead of time. Pluto revealed to players Saturday how many tokens they are set to receive when the Telegram game’s CATI token launches on The Open Network. The token isn’t yet live and players don’t know how much each token will be worth when it hits the market on September 20.…
Transak, a prominent player in Web3 payments, recently announced that its Canadian entity, Transak Canada, has officially registered with FINTRAC, the Financial Transactions and Reports Analysis Centre of Canada. This development coincides with significant growth in the Canadian cryptocurrency market. A Bank of Canada survey found that about 13% of Canadians had invested in Bitcoin in 2021 which shows a growing trend in the use of cryptocurrencies. 🇨🇦 Big news, Canada! 🚀@Transak is now FINTRAC registered, which means easier, safer access to crypto across the country! Read more on @Investingcom ➡️ https://t.co/3Wtkz0ciEYWhat you get 👇🏼– Quick Crypto Buys & Sells-…
Darius Sit, QCP Capital’s co-founder and chief investment officer, says BlackRock entering crypto is more important than Republican candidate Donald Trump re-taking the White House. A crypto-friendly White House would benefit the industry globally, Sit said. HONG KONG — The winner of next week’s U.S. presidential election doesn’t really matter to Darius Sit, the chief investment officer of QCP Capital, a Singapore-based crypto trading firm. While there may be some short-term volatility in crypto markets depending on whether Donald Trump or Kamala Harris becomes the leader of the world’s largest economy, what’s more important is the broader integration of crypto,…
SUI Token ($SUI) reportedly surged by 13% during the last week, showing significant growth amid the market recovery. According to the data shared by CoinMarketCap, the world’s leading secure and reliable crypto data provider, the crypto market started to recover on the 3rd of September, and since then cryptocurrencies have been showing significant growth. Till today, the crypto market is up by 23% and $SUI popped out to be showing a bullish trend. #CMCNews: Sui (SUI) surged 13% in one day, reaching $1.03, amid a broader recovery which started on September 3 and is up 23.6% on the week.https://t.co/qazkRNXoph —…
U.S.-based crypto exchange Kraken has launched a new suite of crypto derivatives products for Australian wholesale clients, aimed at aligning with regulatory standards following a recent legal challenge in the country. Kraken’s licensed broker offering will allow institutional clients to gain exposure to crypto price movements through derivatives without directly holding the underlying assets, the company said Sunday. The service includes multi-collateral support—fiat, stablecoins, and crypto—held within what Kraken describes as “one of the most robust custodial solutions,” available for over 200 tradable assets. Kraken said it remains committed to maintaining a foothold in the Australian market while catering to…
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. After weeks of a neck-to-neck presidential campaign between the Democratic and Republican nominees, Donald Trump’s odds of being elected to President of the US are on the rise. According to betting market Polymarket, Trump leads Democrat candidate Kamala Harris by a whopping 30-plus points at the time of writing. Despite Harris incorporating crypto into her campaign, with the help of Mark Cuban, the Presidency seems to be slipping away from the current Vice President. Trump has not brought up Bitcoin in a large campaign event in several…
The International Organization of Securities Commissions (IOSCO) is calling for enhanced investor education efforts around digital currencies as retail interest continues to grow despite well-reported risks, volatility (and fraud) in the sector. In a new report released last week, the IOSCO Committee on Retail Investors highlighted the need for targeted digital currency education initiatives, especially for younger and novice investors who are increasingly drawn to get-rich-quick schemes and eye-watering returns promised by digital assets. The report comes as digital currency markets have experienced extreme price swings over the past two years, from all-time highs in late 2021 to steep declines…
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed crypto market was valued at $170.80 billion, and by Sunday, Sept. 15, it had climbed to $172.19 billion. Out of the $1.39 billion increase in the past week, USDT’s supply alone contributed 43.96%. Meanwhile, Circle’s USDC accounted for 24.46%, or $340 million, of that week’s…
Tron’s Founder, Justin Sun is the latest to join the listing fee war between crypto exchanges, Coinbase and Binance. Sun shared that Coinbase had asked for 500 million TRX (worth $80 million) and deposit of $250 million in Bitcoin in Coinbase Custody but Binance did not charge a listing fee. Justin Sun shared Coinbase’ Brian Armstrong post on X about ‘free listing’, along with his claims and added that the Bitcoin in Coinbase Custody was apparently “to boost their performance”. He further refuted Armstrong’s claim by adding, “Lots of respect. But this is simply not true”. Crypto Twitter is abuzz…
Cryptocurrency analytics firm QCP Capital has released its latest market analysis, which includes insights into recent economic data and its impact on crypto and traditional financial markets. According to QCP Capital, Thursday’s Core PCE (Personal Consumption Expenditures) data came in slightly ahead of expectations at 2.7% YoY, compared to a 2.6% estimate. Meanwhile, Friday’s Nonfarm Payrolls (NFP) data surprised to the downside, with just 12,000 jobs added, compared to expectations of 110,000. This led to a recovery in the US Dollar Index (DXY), pushing it to 104. Despite the weak jobs data, the US unemployment rate remained steady at 4.1%…