Author: NBTC

Hong Kong’s crypto exchange HashKey has rolled out its own tap-to-earn bot in Telegram in a bid to boost hype around its HSK token. HashKey Group, an Asia-based crypto services company, said in a press release shared with crypto.news that customers can now access its tap-to-earn bot in Telegram dubbed DejenDog to claim its HSK. The exchange says a total of 10 million HSK are being distributed ahead of its planned listing in Q3 2024, adding that participants will “randomly” receive a base amount of “eligible HSK” upon logging into the bot. For additional tokens, users can interact with a…

Bitcoin (BTC) closed the daily candle with a robust 7.5% gain, signaling strong bullish momentum. Let’s examine why the $60,000 price has been a crucial entry point for investors and traders. Bitcoin Price Analysis: Breaking Down Key Technical Indicators The price is currently navigating within the daily Ichimoku Cloud, a critical technical indicator of market sentiment. A breakout above the cloud’s upper boundary would signify a potential continuation of the upward trend. Conversely, the cloud’s lower boundary around $62,000 and the 0.618 Fibonacci retracement level at $60,135 provide strong support levels. The chart shows that the price has tested the…

The crypto venture capital (VC) activity witnessed a notable shift in June. RootData shows 92 publicly disclosed crypto venture capital investments, a 40% drop from May’s 153. Total fundraising hit $697 million, down 30% from last month’s $990 million. Crypto VC Investments Decline in June Venture capital activity is often used to gauge major investors’ confidence and interest in the crypto market. Recent data suggests a cooling period following a particularly dynamic May, yet it maintains a positive growth trajectory when viewed year over year. As mentioned, 92 publicly disclosed Crypto VC investment projects marked a 40% decline from May’s…

A prominent investor, previously successful with Shiba Inu ($SHIB), has significantly increased their holdings, purchasing 715.9 billion $SHIB tokens. The recent transaction involved an expenditure of 4,849 Ethereum ($ETH), equivalent to approximately $18.44 million, within six hours. This is not the investor’s first substantial engagement with $SHIB. They had spent roughly $400,000 to acquire 5.5 trillion $SHIB. The strategic plays allowed the investor to capitalise on price surges, selling their holdings at two peak times for about $121 million, netting over $120 million in profits. A $SHIB super big winner is buying $SHIB crazily, spending 4,849 $ETH($18.44M) to buy 715.9B…

An important statement came from Binance Global after the cryptocurrency law was published in the Official Gazette. Binance Global has published an update containing changes regarding its activities in Turkey: “As part of Binance’s commitment to transparency and compliance, there will be some significant changes to our services in Turkey. As Binance, we closely follow the legal developments in Turkey. We believe in the importance of cooperation with regulatory authorities to ensure a harmonious environment for all users and strongly support the development of a regulatory framework for our industry to protect the ecosystem. Therefore, we take all necessary measures…

Bitcoin’s design contains a unique way of handling transactions through the Unspent Transaction Output (UTXO) model. While this model provides enhanced security and privacy compared to traditional account-based systems, it also presents challenges in efficiently managing one’s Bitcoin holdings. This article delves into the concept of UTXO management, its importance, and strategies to optimize transaction fees and maintain privacy. What are UTXOs? UTXOs represent discrete amounts of bitcoin that have been received but not yet spent. Each UTXO is like an individual bill in your wallet, with its own unique value. When you receive Bitcoin, a new UTXO is created…

US banking giant Goldman Sachs just issued an alert to investors. In a new note to clients, the firm’s strategists say a series of fundamental factors suggest a market correction is on the horizon, reports Investing.com. Goldman points to declining real income growth, a slowdown in the nation’s GDP growth and weakening consumer sentiment as headwinds as the second half of the year kicks off. The strategists say stocks may be overbought, pointing to the S&P 500’s recent outsized performance compared to other markets. They also point to rising concentration in equities, with the ten largest companies in the index…

Key Points: Robinhood has expanded its crypto services to all 50 U.S. states, the U.S. Virgin Islands, and Puerto Rico. The expansion of Robinhood crypto trading services positions it ahead of competitors in terms of availability to U.S.-based customers. Robinhood, the well-known trading platform, has made a significant move in the cryptocurrency market by expanding its digital asset services to new U.S. territories. Robinhood Crypto Trading Services Expanded to All U.S. Territories Embracing the mantra of accessibility and inclusivity, Robinhood has recently announced its availability across all 50 states, the U.S. Virgin Islands, and Puerto Rico. This significant milestone marks…

In the midst of a significant price surge for Bitcoin (BTC), a notable player in the cryptocurrency space has made headlines with a substantial addition to their already impressive holdings. Lookonchain, a prominent analytics platform, recently reported via X that a Bitcoin whale had acquired an additional 102 BTC, valued at approximately $6.72 million. This whale bought another 102 $BTC($6.72M) 8 hours ago.He has accumulated 3,385 $BTC($232.15M) since Mar 6, with an average buying cost of $68,579.At the current price, there is still a loss of $8.08M.Address:bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w pic.twitter.com/k3HbqBDj3g — Lookonchain (@lookonchain) May 16, 2024 This purchase marks a continuation of…

Clearpool, a DeFi credit marketplace, announced the launch of its lending pool known as ‘Credit Vaults’ on Base, the Coinbase-built network sitting on top of the Ethereum blockchain. The move will give institutional investors access to on-chain, decentralized finance (DeFi) credit, the marketplace said on Tuesday. Clearpool has claimed that crypto-native market-maker Portofino Technologies is leading its ‘first’ credit vault on Base. Portofino is said to use advanced technology to ease the buying and selling of crypto assets across exchange and over-the-counter (OTC) markets – something that’s expected to make it easier for institutions to borrow on Base. Clearpool says…