Author: NBTC

An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research. Traders currently see a less than 30% chance of a 50 basis point rate cut next week. Friday’s U.S. jobs report has seemingly set the stage for the Federal Reserve (Fed) to start cutting interest rates, with the first move likely to happen next week. The supposedly bullish liquidity easing cycle may klick off on a sour note for risk assets, including cryptocurrencies, if the Fed cuts rates by 50 basis points (bps) on Sept. 18, according to 10x…

After a successful CATI token launch on major exchanges Friday, with airdrop rewards going out to recipients, Catizen has now officially introduced two new ecosystem applications: Air War and Merge Restaurant. These innovative products aim to further amplify entertainment interactivity within the Catizen ecosystem. Catizen’s Entry into Crypto Trading Market Catizen offers users a simple and engaging way to earn CATI tokens through its Telegram-based game. Its native token commenced trading on centralized exchanges yesterday, September 20. The CATI token has a total supply of 1 billion tokens, with an initial airdrop of 150 million CATI tokens distributed as part…

Kraken announced today that the GIGA meme coin will be available for full trading on October 29. 📅 A sneak peek at next week’s listings: Oct 28th – 14:00 UTCNetwork expansions$PUFFER$PYUSD Oct 29th – 14:00 UTCFull trading$GIGA 👀 Roadmap updates every Thursday ⤵️https://t.co/hv1TlhIJJf *Geographic restrictions may apply pic.twitter.com/uDeLAU08lv — Kraken Pro (@krakenpro) October 24, 2024 GIGA, priced at $0.062 with a market cap of $600 million, has seen an 8.5% increase over the last 24 hours, and its listing on Kraken is expected to draw even more attention. Meme coins have surged over the past eight months, largely due to…

Monochrome Asset Management announced its Monochrome Bitcoin ETF (IBTC) will implement proof-of-reserves verification through a new partnership with Hoseki. This makes IBTC the first Australian spot Bitcoin ETF to adopt such transparency measures. Launched earlier this year, the Monochrome Bitcoin ETF has seen steady inflows totalling 134 Bitcoin worth over AUD 11 million. The fund is now collaborating with Hoseki to provide daily proof-of-reserves for its Bitcoin holdings. Hoseki’s advanced verification process, Hoseki Verified, will enable Monochrome to deliver independently verified evidence that investor assets are fully accounted for. This ongoing auditing sets a higher standard for transparency in Australian…

Between Oct. 19 and Oct. 26, recent data reveals that non-fungible token (NFT) sales slid 7.11% lower than the prior week. Top NFT Collections of the Week: Froganas, Mythos Dmarket, and BAYC Lead Sales This week’s total NFT sales clocked in at $89.26 million—a dip of 7.11% from last week’s numbers. Despite this decline, NFT buyer numbers surged by 42.20%, while the pool of digital collectible sellers grew by 52.55%. Leading the blockchain pack in NFT sales was Ethereum, which recorded $31.20 million over the past seven days, marking a slight 2.96% decline. Solana ranked second with $18.42 million in…

In the rapidly evolving DeFi world, Decentralized Autonomous Organizations are making considerable progress by pushing the boundaries of community engagement, innovation, and governance. Phoenix, a well-known crypto analytics firm, has recently shared the list of top DAOs in line with the social activity on 21st of September, including $TAO, $ICP, $ARB, $APE, $ICE, $UNI, $RARE, $PEOPLE, $MKR, and $AAVE. TOP #DAO PROJECTS BY SOCIAL ACTIVITY$TAO $ICP $ARB $APE $ICE $UNI $RARE $PEOPLE $MKR $AAVE pic.twitter.com/px4LB7N8LE — PHOENIX – Crypto News & Analytics (@pnxgrp) September 21, 2024 $TAO Leads the Top DAOs in Terms of Social Activity In its exclusive X…

Cat in a dogs world, the cat-themed meme coin on Solana, rose sharply to hit a new all-time high on Oct. 24. With meme coins surging over the past few days, cat in a dogs world (MEW) added to recent gains with a spike to $0.01136, marking its all-time high. The token recorded a 24-hour volume of over $474 million, representing a 177% increase as of the time of writing. MEW’s price, meanwhile, traded around $0.01114, with buyers up 26% in the past 24 hours, pushing the meme coin’s market cap to over $990 million. According to crypto.news market data,…

Lookonchain reports that there has been a big increase in Bitcoin (BTC) following a major drop in the market last week. Starting on Sept. 1, three big players in the crypto space collectively amassed a whopping 2,814 BTC, which is equivalent to $157.3 million. They pulled these funds from Binance at an average purchase price of $55,887 per Bitcoin, which has caught the attention of market watchers, particularly given the pace and timing of these accumulations. What is interesting is that these three wallets — labeled “bc1qg,” “bc1qd,” and “36LMb” — have only been around for about a week. Right…

The decision from the leading crypto exchange Binance to promote the Shiba Inu project to its audience has excited members of the SHIB community. On Wednesday, Binance.US, the American division of Binance, took to X to share “fast facts” about Shiba Inu with its 461,300 followers. The disclosure touched on Shiba Inu’s origins, the founding entity, and the passionate community currently driving the project. Binance.US Promotes Shiba Inu Specifically, Binance.US highlighted that Shiba Inu is a meme-inspired project operating on the Ethereum blockchain. Like Dogecoin, the meme coin king, SHIB features a Shiba Inu—an agile, small Japanese breed originally bred…

In these days, many predictions are circulating about the future trend of the price of Bitcoin in US dollars (USD). However, there does not seem to be agreement among the various analysts, neither regarding the trend in the short term, nor for the medium/long term. The short-term forecasts on the price of Bitcoin in USD The medium/long-term forecasts The cycle of Bitcoin The predictability of Bitcoin How can predictions be made on the price of Bitcoin (USD)? The short-term forecasts on the price of Bitcoin in USD Regarding the trend of the price of Bitcoin in the coming days, fundamentally…