Author: NBTC

Bitcoin, which exceeded its previous ATH in March and recorded a new ATH, subsequently encountered a great selling pressure and could not continue its upward momentum in the following months. While the selling pressure on BTC has decreased after the declines in April, the price continues to consolidate within a certain range. At this point, while investors were wondering whether there was a danger of another decline, a positive report came from Glassnode. According to the Glassnode report, the selling pressure on the price of long-term Bitcoin holders has decreased significantly and these investors have started to accumulate BTC again.…

Amid recent struggles for Cardano, a notable analyst identifies four key developments that could drive ADA up by 600% to $3 this year. Cardano (ADA) has underperformed in the bull market in recent weeks, struggling to rise above the psychological $0.50 level. The ongoing market downturn has worsened ADA’s position, pushing it dangerously close to falling below $0.40. Despite ADA’s continuous retreat from the $1 mark, there remains optimism about its prospects for the remainder of the year. Sebastian, a notable analyst, recently expressed confidence that ADA could reach $3 this year. Notably, $3 is approximately Cardano’s all-time high, which…

Key Points: The Idaho Republican Party commits to advancing Bitcoin policy within the state. Firm stance against developing a Central Bank Digital Currency (CBDC). The party’s positions reflect broader debates on digital currency regulation and innovation. The Idaho Republican Party passed an official resolution on digital currency, proclaiming itself proactive toward Bitcoin policy and enhancing its dissolved relationship with a central bank digital currency. The resolution showcases the party’s struggles to lead financial policies in line with its values and priorities. The Idaho Republican Party must endeavour to create a regulatory climate that will foster the adoption of these kinds…

Telegram games that let you earn a share of an upcoming token airdrop are super hot right now, and one of the rising games in the wake of Notcoin and Hamster Kombat is PixelTap, a robot combat game from Pixelverse. From a mini app within the Telegram messaging platform, players can accumulate in-game coins and then take their robot pets into combat. Billed as a “tap-to-earn” game, PixelTap is gaining steam ahead of the project’s PIXFI token launch, which is expected to be airdropped to players much like NOT was to Notcoin users. It pays to play regularly, and you…

Crypto is a key battle ground in the U.S. presidential election. But as the UK general election heats up, no major political party has taken a stance on the industry. Last week, the two major political parties in the UK published manifestos outlining their vision of the future. Across the combined 222 pages, there was not a single mention of crypto, blockchain, or CBDCs. In fact, broadening the search to include the three largest alternative UK political parties there is only one mention of these terms—Reform UK pledging to oppose the creation of CBDCs. “The absence of clear [crypto] guidelines…

The Shiba Inu ecosystem team celebrates SHIB’s recognition by the prestigious global business magazine Forbes. Forbes Recognizes Shiba Inu’s Achievements For context, Forbes dedicated a segment of the June 11 article to praising Shiba Inu for its achievements in crypto and traditional finance. “All hail Shiba Inu, cutest of all the doges!” the opening sentence of the segment read. The top media outlet stated that when it comes to memecoins, Shiba Inu is not just a token with a “pretty face” but one demonstrating how meme-based cryptocurrencies are developing real utility. Shiba Inu Team Reacts, Summarizes Forbes Article Into 4…

Trading 212, a popular brand offering cash equities and contracts for differences (CFDs), has secured a crypto asset service provider (CASP) license from the regulator in Cyprus. According to the registry of the Cyprus Securities and Exchange Commission (CySEC), the CASP license was awarded to a local entity named Trading 212 Crypto Ltd on 20 May 2024. The newly formed entity is separate from Trading 212 Markets Ltd, which holds a Cyprus Investment Firm (CIF) license. Under the license, the Trading 212 brand can offer exchanges between crypto assets and fiat currencies, along with custodial services for cryptocurrencies. However, it…

US Republican presidential candidate Donald Trump has apparently changed his mind about Bitcoin. The former Commander-in-chief previously said he’s “not a fan of Bitcoin,” said it “seems like a scam,” and claims it “can facilitate unlawful behavior, including drug trade and other illegal activity.” However, he’s now claiming that he’s “fine” and “good” with the world’s leading crypto and that its future “will be made in the USA.” The about-face took a few years. As the US President on July 11, 2019, Trump tweeted clearly, “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and…

Ripple, the blockchain payments company behind XRP, and Archax, a regulated digital asset exchange, are expanding their partnership to bring hundreds of millions of dollars in tokenized Real-World Assets (RWAs) to the XRP Ledger. The move positions the XRP Ledger as a frontrunner in the emerging market for tokenized assets. In a post on its official X account, Ripple highlighted aspects of the partnership, noting that XRPL will benefit from Archax’s existing partnerships with leading financial institutions in the tokenization of RWAs. As a result, those institutions could use the XRPL to tokenize their assets following the recent Ripple-Archax partnership.…

According to reports, the Digital Asset eXchange Alliance (DAXA), a consultative body of South Korea’s top cryptocurrency exchanges, has extended its close monitoring of the Gala (GALA) token. The extension will allow DAXA to conduct a more thorough review of the token’s status. DAXA is a consultative body launched by Korea’s top five crypto exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax. The body launched in 2022 amid calls for preemptive measures to protect customers from potential crypto-related fiascos. At launch, DAXA declared its aim to drive the sustainable growth of the crypto industry in Korea and develop measures to…