Author: NBTC

Bitcoin has shown sharp price declines recording a 10% decline in June 2024. The cryptocurrency witnessed a 15.63% reduction in daily trading volume. The leading cryptocurrency, Bitcoin, caused a tumult by sliding back to the $60K level earlier this week. With constant bull-bear combats, the token has failed to reach new highs as expected post-halving. Over the past few months, BTC price has been dallying around the $60K to $70K range. In the past 24 hours, BTC observed a notable 15.63% decline in daily trading volume and a 0.35% decline to the $60K margin. At the time of writing, Bitcoin…

The US Federal Reserve is set to announce its decision regarding interest rates this Wednesday afternoon at around 2PM EDT. As it stands, the Fed is not expected to announce cut rates just now. Come September, however, the CME FedWatch tool predicts a 4.1% chance of eased rates, as implied by 30-day futures prices. This probability is configured alongside a 12 to 13.8% chance of trimming basis points by 50 basis, instead of the usual 25. This news comes with the recent dip in the consumer price index (CPI) in the US last June which brought the crypto market up…

The Terra Luna Classic community is voting on a crucial proposal to roll out an independent website. The new site will attract users to the blockchain as it aims to recover traffic lost since 2022. 🚨 LUNC ON THE RISE? | TERRA CLASSIC COMMUNITY VOTE: NEW SITE, WHO DIS?Terra Luna Classic community is vibing on a proposal for a slick new site, aiming to reel in the lost traffic since 2022.USTC is pumping, up 17%, and Binance just torched 62 billion LUNC tokens.The… pic.twitter.com/IRkBN4LDvT — Mario Nawfal’s Roundtable (@RoundtableSpace) July 17, 2024 Since the May 2022 crash, Terra Classic has…

In the past 24 hours, centralized cryptocurrency exchanges experienced notable liquidations, totaling $226.6 million. The majority of these liquidations were long positions, amounting to $196.6 million, while short positions contributed $30 million, according to CoinGlass. Top Exchanges by Liquidations in the last 24 hoursThe vast majority of the casualties were long positions in last 24 hours, with more than $226M liquidated in total. Let’s take a look at the top exchanges by liquidations of longs and shorts within the last 24 hours, according… pic.twitter.com/Nn9zqm8t50 — TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) August 1, 2024 Binance Leads with $95.8M in Liquidations…

In a significant milestone on the cryptocurrency market, the number of Bitcoin addresses holding more than one BTC has surpassed one million. According to a recent report by IntoTheBlock, there are currently 1,010,777 such addresses, marking a notable achievement in the Bitcoin ecosystem. IntoTheBlock, a blockchain analytics platform, highlighted this milestone in a chart that illustrates the growing trend of individuals and entities accumulating Bitcoin to reach wholecoiner status. The term “wholecoiner” refers to those who hold at least one whole Bitcoin, a status increasingly sought after by investors. This chart shows the number of addresses holding more than 1…

In the 2024 edition of the Consob report on the investment choices of families in Italy, an increase in interest towards crypto emerges. Italy: the Consob Report 2024 and the increase in investments in the crypto sector Italy: the Consob Report 2024 and investments in crypto and traditional ones The expansion of Binance also in Italy Italy: the Consob Report 2024 and the increase in investments in the crypto sector In Italy, it seems that in this 2024, crypto is increasingly taking up space in the investment portfolios of families. It was revealed by the l’2024 edition of the report…

This month marks a significant milestone as Flipster, a burgeoning platform in the crypto derivatives market, joins forces with the popular meme coin community BONK. This collaboration not only amplifies trading opportunities but also introduces community-driven campaigns designed to enhance user engagement and reward participation. Harnessing Community Power in Crypto Trading Flipster’s partnership with BONK is set to catalyze excitement within both communities through a series of well-structured campaigns offering substantial rewards. The centerpiece of this collaboration is a unique Launchpool event, enabling participants to stake BONK tokens and engage in trading activities to win a portion of a daily…

Star, founder of crypto exchange OKX, has expressed strong criticism of certain market practices. Star noted that some tokens, once listed, focus solely on issuing new tokens and reducing assets, actions that ultimately harm users. OKX Founder Criticized Market Practices He emphasized that exchanges should not act as accomplices of such projects that do not contribute positively to the market or its participants. Star also acknowledged that OKX has faced difficulties with its listing practices, citing the current lack of regulation regarding listing and holding reduction as problematic. He called for a collective industry introspection on how to safeguard the…

Amid the ongoing economic uncertainty, Michael Saylor, cofounder and chairman of MicroStrategy and prominent Bitcoin advocate, has once again voiced his unwavering support for the leading cryptocurrency. As investors grapple with uncertainty over interest rates and potential future cuts, Saylor has offered a clear message: “The cure to economic ill is the orange pill.” The cure to economic ill is the orange pill. pic.twitter.com/MPGHLNCqK1 — Michael Saylor⚡️ (@saylor) June 27, 2024 This statement comes at a critical time. Bitcoin reached the $62,000 price mark after dipping below $60,000 at the start of the week. The market’s direction is currently influenced…

Crypto Fund Trader has joined the ranks of prop trading firms offering futures contracts to their clients. The crypto-focused investing service provider revealed that it will launch its “Crypto Futures Platform” on August 1. Crypto Fund Trader announced on social media that its new crypto futures platform will debut this week. The offering will include 120 leveraged pairs for digital assets. Moreover, the prop firm promises that the new service will be available to all “with no country restrictions.” The lack of restrictions is particularly significant, as five months ago, the firm suspended its services for US clients on MetaTrader…