Author: NBTC
Bitkub Capital, the owner of crypto exchange Bitkub Online, plans to sell shares to the public next year. The IPO is expected to value the exchange at about 6 billion baht ($165 million), CEO Jirayut Srupsrisopa told Bloomberg. The owner of Thai crypto exchange Bitkub Online plans to sell shares to the public next year and is in the process of hiring financial advisers, Bitkub Capital Group CEO Jirayut Srupsrisopa told Bloomberg. Thailand’s biggest crypto exchange provides about 80% of the Bangkok-based parent’s profit and is 9.2% owned by Asphere Innovations. The initial public offering (IPO) is expected to value…
Near Protocol price staged a strong comeback on Sunday, becoming one of the best-performing cryptocurrencies of the day. The token surged to a high of $8.5 as it neared the year-to-date high of $9. It has soared by over 285% from its lowest point this year. Near Protocol will be the cryptocurrency to watch this week because of what will be happening in the US. Nvidia, the third-biggest company in the world, will host its flagship event of the year, which I wrote on here. The GTC event will bring together the biggest companies in the world. A closer look…
Introduction Names can be both liberating and confining. When mankind gives something a name, we mark it with a label that helps us discuss our shared environment and experience. At the same time, a label can obscure something in preconceived notions. Labels can make it more difficult for us collectively to understand what something is. In 2008, a pseudonymous inventor named Satoshi Nakamoto released a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”1. The paper outlines a novel distributed network system, called Bitcoin, that acts as an immutable digital ledger. There are many ways to describe what the fundamental…
Last week, the digital asset market witnessed a significant influx of over $800 million, spearheaded by Bitcoin’s dominance, according to the weekly flow report shared by CoinShares‘ head of research James Butterfill. This surge marks a swift rebound following the near $1 billion outflow observed in the previous week. Bitcoin, US see significant inflows. Bitcoin experienced a substantial $865 million net flow, propelled by inflows into newly introduced exchange-traded funds in the United States. The trio of BlackRock IBIT, Fidelity FBTC, and Ark 21 Shares ARKB collectively attracted $1.53 billion in inflows. In comparison, outflows from Grayscale’s GBTC continue apace,…
After an extremely volatile week in the cryptocurrency market, another active week will await investors, especially shaped by the FED’s interest rate decision on Wednesday. There will also be large amounts of token unlocks during the busy week. Here is the token lock opening calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated in UTC+3 Türkiye time) Near (NEAR) Market Value: $8.57 billion Amount of Tokens Unlocked: $2.06 million (0.02% of Market Cap) Token Lock Opening Date: 18 March 2024, 03:00 Lido DAO (LDO) Market Value: $2.44 billion Amount of Tokens Unlocked: $21.50 million (0.89%…
Leading cryptocurrency Bitcoin surged back above $70,000 last night, triggering a broader rise in the market. At this point, while some analysts started to make bullish predictions again, Markus Thielen, CEO of 10x Research, which was successful in finding the bottoms, said that the downward trend in Bitcoin turned into an upward trend and that Bitcoin could break out of consolidation and reach new records. Sharing some signs that the decline in BTC has reversed, Thielen stated that the reversal indicators point to an upward trend and that the upward trend will continue as long as Bitcoin is not traded…
As Ethereum’s price experiences a temporary dip, a notable trend has emerged, indicating potential long-term implications for the cryptocurrency’s value. Rising whale transactions, particularly among large Ethereum holders, have sparked interest among analysts and investors as a potential indicator of Ethereum’s future price trajectory. In recent weeks, Ethereum’s blockchain has witnessed a surge in whale transactions, which are large transfers of ETH carried out by entities holding significant amounts of the cryptocurrency and are often greater than $100,000. The rising number of whale transactions on Ethereum’s blockchain is being viewed by some analysts as an indicator of the cryptocurrency’s long-term…
CoinMarketCap reports a 3.05% drop in BNB’s market valuation during the last 24 hours. The price and market capitalization of Solana are both in green, with price rising by 8.41%. In keeping with the ecosystem’s ongoing expansion, Solana (SOL) has surpassed Binance coin (BNB) in market capitalization to become the world’s fourth biggest cryptocurrency. True enough, the two assets have been trading places, with CoinMarketCap reporting a 3.05% drop in BNB’s market valuation during the last 24 hours. Solana has had a remarkable few weeks, and the latest milestone is only the latest in that stellar streak. According to DefiLlama,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the past decade, the global interest in women-led/owned businesses has risen, leading to solid community-building movements and the creation of innovative solutions for this growing market. You might also like: Blockchain projects in MENA region depend on its fusion with RWA | Opinion Despite the availability of solutions, cross-border trade remains a significant challenge for women-led small and medium-sized enterprises (SMEs) in the Middle East and North Africa, the MENA region, and sub-Saharan Africa. This challenge…
As the fourth Bitcoin (BTC) halving gets closer, some experts believe the event could lead to centralization risk, threatening the blockchain network. Once every four years, the block reward for Bitcoin miners is cut in half to help the asset maintain its scarcity. The event is called halving. Historically, miners have stayed fully operational and even grown in number over the last three compensation cuts thanks to the rising BTC price. However, many wonder if the BTC price is high enough for miners to remain operational or if it would face centralization and even existential risks after the fourth halving…