Author: NBTC

OKX has announced its decision to delist several margin trading pairs, including KISHU/USDT, in an effort to increase market liquidity and improve the overall trading experience for users. OKX to Delisting KISHU Margin Trading Pairs for Better Market Liquidity The delisting schedule is as follows: Debt Stop Feature: September 12, 2024, 09:00 Delisting Time: September 19, 2024, between 10:00 and 12:00 During the delisting, OKX will suspend margin trading and flexible lending services for the affected pairs. Open margin orders will be cancelled and the suspension of each pair will last approximately one hour. Users with ongoing debts or collateral…

The odds of an economic recession are increasing, and this might lead Bitcoin (BTC) to different outcomes, according to industry experts. Aurelie Barthere, Principal Research Analyst at Nansen, believes the chances of a recession in the second half are higher than the historical average. She told CryptoSlate: “I believe there is a 40% probability for a recession in H2 2024 (30% shallow, 10% hard landing). It is above the historical average of 17%.” Her predictions are based on the fact that central banks have conducted 35 rate cuts over the last three months. For reference, when the 2009 financial crisis…

PancakeSwap introduced an AI-powered Prediction Bot on Telegram, allowing users to predict price movements on the BNB Chain. The new AI-powered prediction feature is built on the Allora Network’s machine-learning (ML) model, designed to predict future price movements of assets like Ethereum (ETH) and BNB. How to Use PancakeSwap’s Prediction Bot on Telegram The Telegram bot interface is designed to be user-friendly and efficient. Here’s how users can engage with it: Select a Prediction Round: Users pick the prediction round they wish to participate in. Follow or Bet Against the AI: Once in the round, users can either follow the…

Algorand processes 10,000 transactions per second with instant finality, offering high security and efficiency. Charles Hoskinson sees merging Algorand with AI inference as enhancing the platform’s capabilities and positioning it in decentralized AI. Algorand’s partnerships include tokenizing real estate, dynamic inventory management for airlines, and supply chain traceability with Wholechain. Algorand has emerged as a major participant in the blockchain sector, relying on its Pure Proof-of-Stake (PPoS) consensus process to maintain a safe and democratic network. The unique method enables Algorand to retain a high level of security while swiftly processing transactions. The platform’s ability to handle 10,000 transactions per…

India’s Financial Intelligence Unit is looking to recoup at least $345 million in goods and services tax from 7 seven foreign cryptocurrency exchanges that operated in the nation. Sources familiar with the matter told the Economic Times that India’s anti-money laundering body is ready to hear the petitions of the exchanges—Bitfinex, MEXC Global, Kraken, Huobi, Gate.io, Bittrex, and Bitstamp—which were barred from offering their services following show-cause notices sent by the regulator. The hearing will be held sometime this week where these companies will present their cases for resuming operations in India by demonstrating their willingness to comply with India’s…

In a recent article, The New Yorker’s John Cassidy unveils a startling development in the 2024 U.S. presidential race: Donald Trump’s unexpected pivot to become a champion of cryptocurrency, particularly Bitcoin. Trump’s Crypto Conversion The New Yorker reports that Trump, who in 2019 dismissed Bitcoin’s value as “based on thin air,” has now positioned himself as its biggest advocate. According to the article, Trump’s appearance at a Bitcoin conference in Nashville saw him promising to create a “strategic Bitcoin stockpile” and transform the United States into “the Bitcoin superpower of the world.” Regulatory Rollback Concerns A key concern highlighted by…

A trustless oracle network DIA has committed to integrating its powerful oracle suite with the Stacks ecosystem. DIA specializes in sourcing and providing customizable market data feeds for any asset. Through this partnership, a new data feed service for STX and SIP10 tokens is introduced, giving developers the necessary data tools to build DeFi (decentralized finance) apps at the Stacks layer. With the help of DIA’s oracle solution, dApps and smart contracts can easily include precise and up-to-date price data, opening up a range of applications that rely on off-chain data, like lending and borrowing markets, CDP stablecoins, perp DEXs,…

Grayscale’s ETHE $111 million exodus sparked net outflows for ETH ETFs last week. Ethereum whales have been distributing their holdings since July. Ethereum could see a rejection around the $2,400 resistance level. Ethereum (ETH) is up 2.5% on Monday as the top altcoin attempts to recover from the selling pressure of exchange-traded fund (ETF) investors and top whales. Daily digest market movers: Ethereum ETFs outflows, whale distribution Ethereum ETFs posted a net outflow of $98.1 million last week following ETH’s price struggles. The US spot ETH ETFs — led by Grayscale ETHE’s $111 million exodus — dominated the negative flows…

TRON is establishing itself as the go-to blockchain for stablecoin payments in Eastern Europe, South America, Africa, and Argentina. This development coincides with shifts in the broader crypto market, with TRON’s recent performance reflecting its growing strength. . @BanklessHQ: “Eastern Europe, South America, Africa and in Argentina #TRON is the dominant blockchain for stablecoin payments.” 🌐Learn more at 9:26: 👇https://t.co/6Dv0kZTOor pic.twitter.com/icTaHo0BNP — TRON DAO (@trondao) August 23, 2024 In a podcast, an analyst discussed key market trends, pointing out the contrasting paths of Ethereum and TRON. Ethereum ETFs, it is to be noted, have seen significant outflows of $458 million…

Shares of MicroStrategy (MSTR) are up 4.6% over the past 24 hours, outperforming the broader market. The company’s stock has now pared most of its losses that were logged during the global market crash that took place earlier this week. Bitcoin is currently trading at $56,571 after adding nearly 5% over the past 24 hours. Just like air and water Meanwhile, MicroStrategy co-founder Michael Saylor, one of the staunchest Bitcoin supporters, recently compared Bitcoin to air and water: “Traditional finance operates 19% of the time. Capital, like air & water, should be available 100% of the time. Bitcoin is available…