Author: NBTC

Over 40% of all crypto trades in Latin America involve the USDT stablecoin, signaling a waning interest in Bitcoin, which is even trailing XRP in the region’s top trading pairs. Stablecoins are more popular in Latin America (LATAM) than Bitcoin as stablecoin-to-fiat trading pairs accounted for more than 60% of the top 10 trade volume in the region, according to data compiled by Kaiko, a blockchain analytics firm. The data reveals that USDT, issued by Tether, is significantly more popular than Bitcoin among Latin American traders, accounting for over 40% of all trades. Kaiko notes that this growing dominance of…

Patrick Bet-David, founder and CEO of Valuetainment, says blockchain can greatly improve voting systems around the world. With the world changing so much amid artificial intelligence (AI), blockchain and Bitcoin, Bet-David wonders if new technology is what the world needs to improve the outdated voting process. It’s not only so as to improve voting systems in terms of transparency and accessibility, but to also get more people to develop confidence in these elections and their results. The entrepreneur shared his thoughts in a YouTube video. Highlighting blockchain as “a shared immutable ledger that facilitates the process of recording transactions and…

A widely followed analyst in the crypto space says that markets still haven’t fully adjusted to Bitcoin’s recent halving, which slashed BTC miners’ rewards in half. In a new video update, pseudonymous trader Rekt Capital tells his 77,000 YouTube subscribers that Bitcoin has historically ignited a parabolic rally after the halving. But the trader notes that actual pricing in of the halving tends to happen a few months after the event. “The Bitcoin halving is not priced in. Historically, whenever we’ve seen a halving, we’ve seen phenomenal upside at this point in the cycle, where already we’ve seen new all-time…

Ethereum shows potential for a bullish trend if it stays above key support levels at $3,400 and $3,352. ETH tested the $3,600 threshold, which could set the stage for a bullish reversal. Technical predictions indicate Ethereum’s price may rise by 2.55% to approximately $3,617.93 by July 20, 2024. Ethereum (ETH) is currently exhibiting signs of strength, with the potential for upward momentum if it can maintain its position above key support levels at $3,400 and $3,352. These thresholds are crucial for Ethereum’s stability and could signal a bullish trend if the cryptocurrency remains above them. Traders are closely monitoring these…

Despite all the criticism and scepticism, cryptocurrency has emerged as one of the most solid investment vehicles on the planet. Bitcoin, for example, was a top-performing asset of the 2010s and with new wins like the spot ETF, it is even more attractive than ever before. Now, Coinbase is looking to offer more crypto options to Australians according to new reports. In an interview with Bloomberg, Asia-Pacific Managing Director John O’Loghlen stated that Coinbase is developing a new service that targets self-managed pensions in Australia. With this new service, those who manage these pensions can add crypto to their portfolios.…

In a significant development, FLOKI has launched its Name Service on the BNB Chain mainnet. This new feature lets users create decentralized .floki domain names, enhancing the token’s utility. The name service is not only designed to identify transactions, but can also be used to create decentralized websites, blogs, or even resumes. When the decentralized website service goes live, the .floki domains will find broader applications, further integrating users into the blockchain ecosystem. Built in collaboration with SPACE ID, the FLOKI name service seamlessly integrates with popular decentralized applications (DApps) such as Trust Wallet, SafePal, and PancakeSwap. Payments for domain…

Key Points: Singapore’s 126-page report identifies significant money laundering risks despite its efforts to attract global wealth and establish itself as a financial hub. The report details sophisticated methods, such as bank accounts, shell companies, and complex structures, for transferring and concealing illicit funds. Authorities seized over 1.5 billion SGD in a recent money laundering scandal involving Chinese nationals and fugitive suspects, revealing diverse assets seized, including cash, cryptocurrencies, and luxury items. Singapore’s government published a 126-page report detailing its vulnerability to money laundering in its goal to be a global wealth management centre and international financial hub. It pointed…

The team at Tuum Technologies has announced the release of an updated version of the Hedera Wallet Snap. The Token Service and Smart Contract Service of Hedera are now completely integrated with the wallet snap. The most recent update to MetaMask unlocks a plethora of opportunities. The latest innovation opens up a new gateway to infinite possibilities, and the recent developments will enhance the functionality of MetaMask, a crypto wallet software. MetaMask is the recommended option for managing digital assets and creating innovative applications. It offers a precise, feature-rich, fantastic, and unprecedented way to get in touch with digitally backed…

PlanB, a prominent crypto analyst and creator of the Bitcoin Stock-to-Flow model (S2F), suggests that Bitcoin (BTC) price action is gaining momentum and hints at a potential price surge in the near future. In a recent post on X, the analyst presented a graph depicting Bitcoin’s MVRV (Market Value to Realized Value) score. The graph, which compares Bitcoin’s relative strength index (RSI) over the years with the MVRV score, reveals a correlation between higher MVRV scores, market tops, and increased buying pressure. PlanB’s analysis suggests that, similar to previous bullish cycles, Bitcoin’s RSI is rising and the MVRV scores are…

Ethereum price struggled to climb above the $3,650 resistance and trimmed gains. ETH is now signaling a downside break and might decline below $3,450. Ethereum is trimming gains from the $3,620 resistance zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel forming with support at $3,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it dips below the $3,485 and $3,450 support levels. Ethereum Price Trims Gains Ethereum price started a decent increase above the $3,500 zone. ETH…