Author: NBTC

Technical standards under the European Union’s Markets in Crypto Assets (MiCA) act will probably be published in the EU’s official journal before the end of the year. The rules cover standards for authorization, stress testing and methods to estimate the number and value of transactions for stablecoin issuers. Standards laying out how stablecoin issuers such as Tether and Circle can operate in the European Union (EU) are likely to become official toward the end of the year, a spokesperson from the European Banking Authority (EBA) told CoinDesk. They are included in the 15 technical standards submitted by the EBA, which…

Prominent crypto exchange KuCoin has opened a new reward opportunity for users through the Catizen Telegram Bot, with a total of $200,000 KCS available. In an announcement, KuCoin noted that users can now stake CATI tokens to earn KuCoin’s native token (KCS) starting today, September 14. 🚨 BIG NEWS, FAM!Stake $CATI on @CatizenAI & claim a share of MASSIVE $200,000 prize pool! 💰🐾⏳ Period: 10:00 AM on September 14 ~ September 24, 2024 (UTC)💸 Cap: 1,000 $CATI per pool/account🏆 Rewards: Claim $KCS via KuCoin with unbelievable return!Don’t miss these… pic.twitter.com/LXFSQpbQEx — KuCoin (@kucoincom) September 13, 2024 The announcement states that…

The latest data from Bitcoin Magazine Pro’s Fear and Greed Index reveals that Bitcoin sentiment has dropped to a near “extreme fear” level, scoring 26 out of 100. Historically, such a low score suggests a potential buying opportunity for savvy investors, as market sentiment indicates undervaluation and widespread caution. The Fear and Greed Index is a tool for assessing market sentiment, analyzing factors like volatility, momentum, social media trends, and Bitcoin’s dominance over other cryptocurrencies. To help investors gauge when to buy or sell Bitcoin, the index ranges from: 0-24: Extreme fear (red) 25-46: Fear (amber) 46-49: Neutral (yellow) 50-74:…

The memecoin FLOKi is leading today’s crypto market with a rally of +12.8% in the last 24 hours, sharing the top spot with Artificial Superintelligence Alliance (FET) which is up +12.2%. The price surge can be several developments and partnerships, most notably involving Binance and the upcoming airdrop of Simon’s Cat (CAT) token. #1 Binance Supports CAT Airdrop To FLOKI Holders Probably the most important factor fueling today’s FLOKI price rally is the announcement that Binance, the leading global crypto exchange, will support the airdrop for Simon’s Cat (CAT). The exchange’s decision to take a snapshot on August 29, 2024,…

The bill introduces a new personal property category of “thing” that will apply to certain digital assets. Once enacted, it will help the legal profession determine ownership in disputes such as divorce and provide protection to crypto owners subject to scams and fraud. The U.K. government introduced a bill to Parliament touching on the legal status of digital assets including cryptocurrencies, non-fungible tokens (NFTs) and tokenized real-world assets (RWAs). The bill will clarify that these assets are considered personal property under British law. Once enacted, it will give the legal profession guidelines to follow when there’s a dispute on ownership,…

U.S. citizens are backing a bill to create a Strategic Bitcoin Reserve following remarks from former President Donald Trump and Wyoming Senator Cynthia Lummis. According to Bitcoin (BTC) proponent Dennis Porter, nearly 3,000 U.S. constituents requested Senatorial support for a “Strategic Bitcoin Reserve” bill. Porter highlighted that Democratic Senators received the lion’s share of letters from Americans, about 1,746 in number. The petitions to co-sponsor are likely in response to and support of Senator Lummis’s crypto legislation. BRREAKING: Nearly 3,000 letters sent to U.S. Senators asking them to co-sponsor the ‘Strategic Bitcoin Reserve’ bill – Democrats received 60% of the…

TD Markets has obtained a Crypto Asset Service Provider (CASP) license from South Africa’s Financial Sector Conduct Authority (FSCA), Finance Magnates learned exclusively. The license authorizes TD Markets to offer regulated cryptocurrency services, enhancing security and consumer protection in the rapidly growing digital asset market. “As an FSCA-licensed broker, we are now authorized to offer you a regulated and secure environment for accessing cryptocurrencies and cryptocurrency related products,” TD Markets has informed its clients in an official message, seen by Finance Magnates. TD Markets, under the company TD Markets (Pty) Ltd, is a licensed investment firm operating in South Africa…

Jan van Eck, the Chief Executive Officer (CEO) of VanEck, an American investment management firm, has maintained an extremely bullish stance on Bitcoin (BTC), the world’s largest cryptocurrency. According to the popular CEO, Bitcoin is set to witness an exponential surge to $350,000, driven by an adoption rate on par with gold. Bitcoin Set To Hit Ambitious $350,000 Target In an exclusive interview with Fox Business on August 2, Van Eck predicted that the price of Bitcoin could surge as high as $350,000. As one of the issuers of Spot Bitcoin ETFs, Van Eck is keenly aware of the volatility…

Ronin Waypoint, a new universal account, and keyless wallet, has launched in the Ronin ecosystem. This groundbreaking innovation allows players to manage on-chain transactions within games like Axie Classic without needing seed phrases or browser extensions. Consequently, players can log in, make purchases, and manage collectibles seamlessly within the game environment. Ronin shared the details of this transformation through X post. 1/ Introducing Ronin Waypoint!On-chain Transactions, Made Easy In-Game ⚔️Ronin Waypoint is a new universal account and keyless wallet for the Ronin ecosystem.Log-in to games, make in-game transactions, manage on-chain collectibles – all without seed phrases or extensions.… pic.twitter.com/ORDyY959jN —…

Bitcoin price started a recovery wave after it crashed below $50,000. BTC is back above $55,000 and faces many hurdles near the $58,000 zone. Bitcoin started a recovery wave above the $52,500 and $55,000 levels. The price is trading below $58,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $55,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might struggle to clear the $58,000 resistance zone. Bitcoin Price Starts Recovery Wave Bitcoin price extended losses below the $52,500 support zone. BTC even…