Author: NBTC

Jupiter Exchange has reached a significant milestone. It surpassed all other chain aggregators combined in 24-hour trading volume, hitting $1.981 billion. Notably, this achievement comes despite Jupiter operating solely on the Solana blockchain, according to Solana Floor, the leading source for Solana updates. This excellent performance points to Jupiter which is gaining market share by the day. 🚨 BREAKING: @JupiterExchange surpasses all other chain aggregators combined in 24-hour trading volume—despite operating solely on @Solana. – Dominance: 62% all-time high pic.twitter.com/HkGwxVZhSU — SolanaFloor (@SolanaFloor) October 24, 2024 Jupiter Exchange Sets New Standard with 62% Market Share Jupiter DEX has achieved a…

While Bitcoin (BTC) and altcoins struggle with declines, critical economic data will be released from the US this week. Listing the important events that could affect BTC and the market this week, Singapore-based cryptocurrency company QCP Capital stated that the Donald Trump and Kamala Harris encounter and the US CPI-PPI data could have an impact on the market. Analysts who warned of volatility this week said the market remained cautious, with risk reversals for BTC and ETH shifting toward sell-offs by October, reflecting concerns about potential declines. However, QCP Capital noted that despite short-term bearish expectations, long-term sentiment among investors…

The Financial Stability Board and the Bank for International Settlement both flagged tokenization risks in new reports. “Tokenisation could have implications for financial stability if it scales up significantly,” Klaas Knot the FSB chair said in a letter addressing the Group of 20 nations. The Financial Stability Board (FSB) and the Bank for International Settlements (BIS) both highlighted in recent reports what they see as risks from tokenization and called for more regulation. Tokenization is the digitization of real world assets including securities that often involves distributed ledger technology. The FSB, which monitors and makes recommendations for the financial system,…

In the latest crypto market rally, Voyager Token (VGX) has emerged as the top gainer, surging by 64.9% within the last 24 hours. This remarkable spike in VGX has drawn attention, especially with its $12.2 million market cap and current price at $0.033. Major trading for VGX is taking place on the Gate.io exchange, fueling speculation on the token’s future performance as investors flock to it amidst a broader market trend. DAILY GAINERS$VGX +64.9% $CEL +46.6% $MATH +41.3% $OLE +39.6% $DEAI +33.6% $NXRA +26.7% $ARDR +24.9% $FLIP +22.5% $PENDLE +22.2% $LAI +21.5%#dailygainers pic.twitter.com/dBM0uFbPkw — PHOENIX – Crypto News & Analytics…

The New York Stock Exchange (NYSE) announced plans to extend weekday trading hours on its NYSE Arca equities exchange, potentially accommodating the surging global demand for US-listed securities, including Bitcoin ETFs (exchange-traded funds). NYSE Arca is the leading US exchange for listing and trading ETFs. These financial instruments become especially pertinent as investor interest in Bitcoin ETFs and other cryptocurrency-related assets rises. Bitcoin ETFs Could Trade for 22 Hours A Day The proposal, which is pending regulatory approval, would see trading extend to 22 hours a day, 5 days a week. The sessions could run from 1:30 a.m. to 11:30…

Experts continue to see substantial potential in Bitcoin, even as its price has experienced significant volatility in recent weeks, dropping from nearly $60,000 to under $53,000 by Friday. Although Bitcoin experienced brief recoveries last week, including a surge to $57,000, these gains were short-lived. The price then fell by over $4,000, leading to widespread market liquidations. By the weekend, Bitcoin began to stabilize, hovering around $54,000. On Monday, trading saw a modest uptick, with the price rising above $55,000 for the first time since Friday. Bitboy Targets $146K Bitcoin Despite Bitcoin’s recent fluctuations, industry leaders have expressed bold predictions about…

As financial institutions continue to ramp up their tokenization efforts, many — including BlackRock — have been quick to assume that Ethereum will dominate this space. However, I think that Bitcoin, with its superior security model and emerging programmability, is actually poised to become the foundation of the next generation of capital markets. While Ethereum has taken an early lead in real-world asset (RWA) tokenization, with the total value of RWA on Ethereum standing at $2 billion (excluding stablecoins), early leads don’t always last. In recent years, Bitcoin — the first and probably best-known blockchain — has seen breathtaking growth…

In a significant development in the world of crypto, $SOL is leading the Solana network with a remarkable trading volume of $67.8 billion. This impressive figure underscores the high level of activity and interest in Solana’s native token. It also reflects its position as a key player in the crypto market, according to recent data from Phoenix. TOP #SOLANA TOKENS BY WEEKLY TRADING VOLUME$SOL $WIF $FIDA $BONK $JUP $GMT $PYTH $GRT $JTO $DRIFT $PRCL $CVC $TNSR $SAMO $RAY pic.twitter.com/ga6SpKkPlU — PHOENIX – Crypto News & Analytics (@pnxgrp) September 22, 2024 $WIF Token Sees Impressive $1.7 Billion Trading Volume After $SOL,…

Solana Telegram bot ecosystem hit a new milestone yesterday, with trading volume reaching $211 million, as reported by Dune Analytics. The Trojan bot led this surge, recording a trading volume of $93.7 million, which accounts for nearly 44.4% of the total. The bot was launched earlier this year as a rebranded version of Unibot. Solana Bots Continue to Dominate the DEX Trading Market In terms of lifetime trading volume, BonkBot still holds the largest share of the DEX bot market. BonkBot’s lifetime trading volume currently stands at $8.69 billion, followed by Maestro and Trojan. However, Trojan has recently dominated the…

Michael Saylor, MicroStrategy’s executive chairman, expects Bitcoin to capture 7% of global capital in the coming years and outclass other assets. On Sept. 9, Bitcoin (BTC) was trading just under $55,000 after a 2% rise in 24 hours, according to crypto.news price pages. Saylor told CNBC that this price would increase by 70 times as adoption skyrockets, placing BTC at $3.85 million per coin soon. Saylor explained that the thesis behind Bitcoin’s exponential price leap is rooted in its technological superiority over other assets and its yearly returns. Since August 2020, when MicroStrategy began buying BTC, the cryptocurrency has rewarded…