Author: NBTC

Several online brokerages, including Fidelity Investments and Vanguard, experienced massive service outages on Monday as markets from crypto to equities tumbled on increasingly cloudy U.S. economic forecasts. More than 2,800 Vanguard customers reported services were down at 10am ET on Monday, while nearly 4,000 Fidelity users were experiencing similar issues, data from Downdetector shows. Meanwhile, Robinhood has suspended its round-the-clock trading services due to “elevated volatility” in global markets, Investing.com reported on Monday. The rash of service outages comes amid a broader slump in the global markets, as investors liquidate their positions ahead of a potential U.S. recession. The total…

While Binance, the world’s largest cryptocurrency exchange, continues to list altcoins and launchpoll, investors are also investigating altcoins that have the potential to be listed on Binance. Because the prices of altcoins listed in Binance futures or spot transactions generally skyrocket and big gains are made. At this point, cryptocurrency analysis firm Layergg listed 8 altcoin projects that Binance has a high potential to list in the coming days. Referring to the fact that Binance did not list altcoins during the last decline, Layergg implied that the market has now turned green and Binance may list new altcoins. Accordingly, Layergg…

Kai Kono has announced on LinkedIn today that he has assumed the role of Managing Director, Head of APAC, at EDXM Global. In this position, Kono will lead the company’s international expansion efforts. Based in Singapore, EDXM Global operates with backing from EDX Markets. EDX Markets was established in 2022 by a group of major financial institutions, including Citadel Securities, Fidelity Digital Assets, Virtu Financial, and Charles Schwab, among others. The company also has support from well-known cryptocurrency venture capital firms such as Sequoia, Pantera, and Paradigm. Before joining EDXM Global, Kono held several notable positions. He was the Founder…

Savvy cryptocurrency trader and entrepreneur Willy Woo has taken to the X social media platform (widely famous as Twitter in the not-so-distant past) to talk Bitcoin and reveal the rough date when he expects BTC to soar 10x from now. Willy Woo makes bullish Bitcoin statement Woo started his tweet, saying that the financial world has finally started to believe that Bitcoin is a “fast emerging asset class.” As this awareness has dawned on Wall Street now, Woo reminded the cryptocurrency community that asset classes are usually evaluated at tens of trillions of U.S. dollars. Everyone asking “when?”I’d say when…

In recent times, the cryptocurrency market has shown extreme volatility, culminating in the last 24 hours with on-chain liquidations on protocolli DeFi that have exceeded 350 million dollars. According to the data provided by Parsec, this significant increase in liquidations was largely caused by a general selloff in the cryptocurrency market, with Bitcoin falling below $51,000 and Ethereum touching $2,200. At the same time, centralized exchanges recorded futures liquidations exceeding 1 billion dollars in the same time frame. Impact on on-chain liquidations in DeFi protocols The AAVE protocol collects 6 million from liquidations The consequences for the crypto market Conclusion…

The Open Platform (TOP), a major player in the TON ecosystem, has invested an undisclosed amount in PLUTO Studio—the developer of the Telegram tap-to-earn game Catizen. This strategic investment showcases The Open Platform’s commitment to supporting the TON blockchain and fostering innovation within the ecosystem. Distinctive Gameplay Sets Catizen Apart in Tap-to-Earn Market Catizen, PLUTO Studio’s flagship project, has garnered widespread acclaim and achieved notable milestones. According to the official data shared with BeInCrypto, as of July 13, the game had reached over 24.8 million in-game players and 1.4 million on-chain users. Moreover, the total accumulated in-game purchases amount to…

The National Payments Corporation of India (NPCI), which operates retail payments and settlement systems in the country, has rolled out the ‘UPI One World’ wallet for inbound travelers visiting India. The initiative is designed to provide international visitors from some parts of the globe with a seamless, real-time digital payment experience, making exploring India’s cultural attractions and vibrant landscapes easier. The initiative by the NPCI is aimed at showcasing India’s success in the global digital payments landscape and provide an opportunity for the international community to engage with and benefit from the Digital Public Infrastructure (DPI), UPI said in a…

Bitcoin’s price has been on the decline over the last couple of weeks, as it failed to create a new all-time high once again. However, the asset is now approaching a key support level. Technical Analysis By TradingRage The Daily Chart With the BTC price dropping fast, it is approaching the 200-day moving average on the daily timeframe. But first, for the asset to drop to that level, which is situated at around $57K, the $60K support level has to be broken decisively to the downside. Meanwhile, the RSI is also reaching the oversold region, which could result in a…

Dubai — stabble, the pioneering Solana-based protocol designed to minimize financial losses and reduce operational costs, has successfully raised $2.5 million in a pre-seed, seed, and private funding round. —Leading the round is Masterblox, with additional investments from Dynamic Labs, Founder Heads, Spicy Capital, DuckDAO, Marshland Capital, and ZEMU VC. This funding will drive stabble’s ongoing development of its decentralized exchange (DEX) and boost enhancements for protocol-managed liquidity and arbitrage.As decentralized exchanges (DEXs) gain traction, they face persistent challenges such as price volatility and liquidity risks. These issues can undermine trader confidence and lead to financial losses. stabble addresses these…

The NFT sector has seen a significant change in terms of sales this week. The data from CryptoSlam places Sorare, DogeZuki Collection, Bored Ape Yacht Club, Guild of Guardians Heroes, and CryptoPunks among the top NFT collections in this respect. These NFT collections have made significant progress to outcompete Guild of Guardians Heroes, Gods Unchained Cards, and DMarket which were among the top in the previous week. Sorare Sees a Weekly 42.25% Rise in Sales Volume to Get the 1st Spot among Top NFT Collections As per CryptoSlam, Sorare saw a substantial jump to reach $3,879,631 in sales. This NFT…