Author: NBTC

Cardano has just turned seven years old, and its developer, Input Output Global (IOG), took to X (formerly Twitter) to celebrate the milestone. In a celebratory tweet, IOG wrote: “Happy birthday, Cardano. 7 years. Millions of transactions. Over a thousand projects. One unstoppable community.” The tweet was accompanied by a short clip highlighting the remarkable achievements and milestones that have marked Cardano’s evolution. Happy birthday, Cardano.🎉7 years. Millions of transactions. Over a thousand projects. One unstoppable community.🌍🫶 pic.twitter.com/xsMsOvjCnu — Input Output (@InputOutputHK) September 27, 2024 Cardano, a proof-of-stake blockchain platform and the first to be founded on peer-reviewed research and…

Tether’s favorite market maker Cumberland Global has been targeted by America’s securities regulator, potentially bringing the world’s leading stablecoin issuer closer to a regulatory reckoning. On October 10, the U.S. Securities and Exchange Commission (SEC) announced the filing of a civil complaint against Cumberland DRW LLC in the U.S. District Court in the Northern District of Illinois. The SEC accuses Cumberland, an offshoot of the Chicago-based DRW Trading Group, of “operating as an unregistered dealer in more than $2 billion of crypto assets offered and sold as securities” since March 2018. The complaint accuses Cumberland of earning “millions of dollars…

Cryptocurrency exchanges play a vital role in the blockchain industry, acting as gatekeepers to the world of digital assets. While there are other ways to acquire crypto, such as peer-to-peer protocols and trading with friends, the vast majority of newcomers will begin their journey on a crypto exchange, where they can sign up quickly and start exchanging their fiat for Bitcoin, Ethereum, and other tokens. Despite their importance for the crypto industry, the fact is that exchanges as they are today are far from adequate. The reliance on these centralized custodians is contrary to the ethos of crypto in general,…

Former President Donald Trump faces a second assassination attempt on September 15. The Republican presidential candidate was playing golf at his West Palm Beach course when this incident took place. The suspect has been arrested and Trump is unharmed. However, this attempt has sent shockwaves to the crypto market causing BTC to plummet. Shots Were Fired The incident happened around 1 PM EST. Secret Service agents spotted a man armed with an AK-47 style rifle. He was hiding in the bushes near the property. The agents opened fire that forced the suspect to flee in his Black SUV. Authorities found…

Ethereum, the second-biggest cryptocurrency, has lagged behind Bitcoin this year amid slow growth of its exchange-traded funds and competition from other layer-1 and layer-2 blockchains. Ethereum (ETH) has rallied by less than 20% in 2024, while Bitcoin (BTC) has risen by over 50%. Technicals point to more Ether weakness in the coming months. On the weekly chart, the coin formed a double-top chart pattern around $4,000. It dropped below the neckline of this pattern at $2,824 in July, confirming the bearish breakout. Ethereum has also formed a death cross pattern as the 200-day and 50-day Hull Moving Averages made a…

In the second quarter of 2024, the number of Management Companies and Undertakings of Collective Investments (UCIs) in Cyprus remained at 328. At the same time, assets under management (AUM) increased to €9.4 billion, according to the quarterly statistics bulletin released by the Cyprus Securities and Exchange Commission (CySEC). CySEC oversees 328 Management Companies and UCIs, a decrease from 334 in the same quarter of the previous year, indicating a decline of 1.8 percent. The current total includes 236 Externally Managed UCIs, 33 Internally Managed UCIs, and 69 External Fund Managers. The overall count features 44 Alternative Investment Fund Managers…

Solana-based meme coins led the charge as the crypto fear and greed index approached the greed zone of 60. LandWolf (WOLF) and Moo Deng (MOODENG) were the best-performing tokens as they rose by over 112% and 56% on Sep. 27. WOLF has surged by over 390% from its lowest point this month, bringing its market cap to over $38 million. Moo Deng has performed even better, skyrocketing by over 1,800% from the September low, pushing its valuation to nearly $200 million. Other popular Solana (SOL) meme coins have also seen double-digit gains in the past few days. Notably, Popcat (POPCAT)…

South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its key roles will be to evaluate South Korea’s plans for spot cryptocurrency ETFs and corporate virtual asset accounts. South Korea Committee to Review Spot Crypto ETF Plans On Oct. 13, South Korean officials reportedly revealed plans to launch a public-private committee on virtual assets later this month. The 15-member committee will address structural problems in the virtual asset market…

Leading crypto exchange Upbit will launch CARV Korean Won (KRW), BTC and USDT trading pairs today, and trading is expected to open at 15:00 local time. As per Upbit’s official statement, purchasing of the CARV is restricted for approximately 5 minutes after transaction support. Upbit has also informed about the minimum sell price limit for $CARV which is fixed at less than 10% of the previous day’s closing price. 신규 디지털 자산 카브(CARV) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓📅 거래지원 개시 시점: 2024-10-15 15:00 예정 🔗 공지 바로가기:https://t.co/SKbPx1VEvx#Upbit #CARV pic.twitter.com/q4Su1LftyR — Upbit Korea (@Official_Upbit) October 15, 2024…

Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb again if it stays above the $57,500 support zone. Bitcoin Price Starts Downside Correction Bitcoin price started a decent increase after it broke the $58,500…