Author: NBTC

Binance co-founder He Yi addressed front-running accusations and clarified the exchange’s investment and listing standards in a recent interview. Front-running is a method in financial markets where an agent, trader, or other market participant takes action for his own benefit by taking advantage of non-public information or pending orders. He Yi explained that certain tokens will not be listed on Binance if they are widely hyped and expected to be listed on an exchange. “Some projects spread rumors that they will be listed even before we contact them, and some people use these rumors to apply pressure,” he said, adding…

Key Points: DigitalX Ltd. is launching a Bitcoin ETF on Australia’s main stock market, becoming the second asset manager approved by ASX Ltd. This ETF is established in collaboration with K2 Asset Management and 3iQ, providing a secure investment vehicle for accessing Bitcoin. CEO Lisa Wade highlights the ETF’s potential to attract new market entrants and allow institutions to include Bitcoin in strategic allocations. DigitalX Ltd. is preparing to list a Bitcoin exchange-traded fund (DigitalX Bitcoin ETF) on the main stock market in Australia, becoming the second asset manager to gain approval for such a product from ASX Ltd. According…

The price of Ethereum has rallied 5% to over $3,300 ahead of the key spot Ethereum exchange-traded fund (ETF) decision, according to data from TradingView. The US Securities and Exchange Commission (SEC) is expected to greenlight the launch of several spot Ethereum ETFs by the end of this month. While the specific date remains speculative, ETF experts estimate that approval will come the week of July 15. Nate Geraci, the president of the ETF Store, reiterated his prediction that the SEC will approve the S-1 filings this week after weeks of delays following initial listing acceptance in May. He believes…

Terra, a blockchain protocol that also offers a payment forum dealing with algorithmic stablecoins, has announced an exclusive development. As per the platform, August 9 is the General Bar Date regarding the submission of claims in the bankruptcy cases dealing with Terraform Labs Limited and Terraform Labs Pte Ltd. The company took to its official X account to inform the community about the details of this development. 1/ Important Notice for the Terra Community:The General Bar Date for filing claims in the Chapter 11 bankruptcy cases of Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL) has been set…

David Schwartz, Ripple’s chief technology officer (CTO) and one of the XRP Ledger founders, has taken to his official account on the X platform to make an announcement about his appearance at the approaching Consensus2024 event organized by CoinDesk annually and the subject he intends to discuss on stage. Here’s which Ripple product Schwartz plans to discuss In his tweet, Schwartz teased that in his speech during the above-mentioned crypto event, he intends to unveil Ripple’s vision and roadmap for institutional DeFi on XRP Ledger. He did not share any more details but only mentioned that he will be discussing…

CertiK, a prominent blockchain security platform that uses AI technology, has recently announced another advancement. As per the firm, the well-known crypto exchange OKX has integrated its Security Score into its UI as well as OKX wallet. The company took to its official X account to reveal this initiative. Exciting news! Our security score is now integrated into the @OKX Exchange UI, in addition to the OKX Wallet.This integration helps you make informed decisions with enhanced security insights.Check it out now!https://t.co/RCpTBpnqLX pic.twitter.com/efmD1o1EDE — CertiK (@CertiK) July 16, 2024 OKX Integrates Security Score of CertiK into Its OKX Wallet and OKX…

Bitcoin price is consolidating losses above the $55,000 level. BTC must settle above $58,500 and then $60,000 to start a recovery wave. Bitcoin dipped again and retested the $54,500 support zone. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $57,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might struggle to start a fresh increase above the $58,500 resistance zone. Bitcoin Price Faces Hurdles Bitcoin price attempted a recovery wave above the $56,500 level. BTC even climbed above…

Nate Geraci, president of ETF Store, predicts the imminent approval of the spot Ethereum (ETH) exchange-traded fund (ETF). Analysts and industry leaders, including Matt Hougan from Bitwise Asset Management, have echoed Geraci’s optimism. They believe the approval could drive substantial interest and investment in Ethereum, potentially reshaping the market and broader crypto industry. Industry Experts Anticipate Major Impact of Potential Spot Ethereum ETF Nate Geraci has sparked significant interest within the crypto community by predicting the approval of spot Ethereum ETFs this week. Geraci shared his expectations on social media. “Welcome to spot ETH ETF approval week… I’m calling it.…

BUX Financial Services, the UK unit of Netherlands-based BUX, has been sold to Asseta Holding, the parent company of UAE-based investment firm APM Capital. Announced today (Tuesday), the acquisition came after ABN AMRO completed the acquisition of BUX’s Netherlands operations, which is operating as a neo-broker. Regulated by the Financial Conduct Authority (FCA), the UK unit of BUX offers contracts for differences (CFDs) and financial spread betting services to retail and professional clients under the brand BUX Markets. The acquisition did not come as a surprise, as BUX had already revealed its plans to sell the business last year. Months…

The recent development for the IOTA EVM launch includes the successful deployment and testing of essential features like the MultiSignature Wallet and establishment of third-party RPC Nodes. With concerted efforts from the IOTA Ecosystem and BD Team, the ecosystem aims to foster a flourishing environment for DeFi and RWA. The team at IOTA Foundation has been working diligently for the launch of the IOTA EVM. In one of IOTA’s Discord channels, a team member has shared the progress made with respect to the EVM deployment. In a recent announcement, the IOTA Ecosystem has provided updates on the progress of the…