Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Binance, one of the world’s leading cryptocurrency exchanges, announced that it will offer several new trading pairs and trading bot services, effective March 21, 2024, in order to expand trading options and offer a richer trading experience to its users. Binance Spot Introduces New Trading Pairs and Bot Services to Improve User Experience Binance will begin trading the following pairs starting at 11:00 AM on March 21: AAVE/TRY, ARKM/FDUSD, CRV/TRY, FET/BRL, RAY/FDUSD and RNDR/EUR. This expansion aims to offer users greater flexibility and access to a variety of trading options on the Binance Spot platform. Additionally, Binance will also introduce…
Legendary commodity trader Peter Brandt has quoted his own earlier tweet published in 2022 where he predicted Bitcoin not reaching a new all-time high until early 2024. Brandt has been in the commodity trading sphere since the 1970s and he is one of the most skilled traders in this. He often posts charts related to Bitcoin and some other top cryptocurrencies. In the meantime, Bitcoin has broken above the whopping $66,000 price mark, coming closer still to the historic peak of 2021. Brand hints his bullish prediction confirmed Referring to a tweet he published in mid-June two years ago, Brandt…
XPUNKS, the creators of the first NFT series on the XRP Ledger, have announced a move to rival blockchain Solana. The XPUNKS team communicated this move in a recent post on X, heralding the entry into Solana as a New Beginning. New Beginnings @solana pic.twitter.com/MolY6k84ON — XPUNKS (@XPUNKNFTs) March 19, 2024 Questions have emerged on whether they plan to completely leave the XRPL or facilitate a multi-chain approach. When asked, they noted that they had built a bridge. The team has failed to provide specific details on the decision but noted that it is organizing an Ask Me Anything session…
The Securities and Exchange Commission has intensified its scrutiny of Ethereum, the second-largest crypto after Bitcoin, by initiating a legal campaign to classify ETH as a ‘security.’ This regulatory probe will be a significant challenge for the crypto ecosystem while firms are fighting for the regulatory approval of spot Ethereum ETFs. Why the probe? According to reports, the SEC has simultaneously issued several U.S. companies dealing with ETH transactions subpoenas related to an investigation aimed at classifying Ethereum as a security. If this legal probe begins, it could have profound implications for Ethereum, the potential approval of ETH ETFs, and…
Saga, a key player in Layer-1 protocol and Web3 development, made waves at the Game Developers Conference (GDC) 2024 by introducing Saga Origins, a groundbreaking game publishing arm. This strategic move positions Saga as the pioneer and sole Layer-1 Web3 game publisher, setting a new standard for the industry.—Saga Origins is dedicated to partnering with developers to launch top-tier games, offering comprehensive support beyond traditional grants. This includes influencer collaborations, user acquisition campaigns, and community engagement initiatives. Through innovative Play-to-Airdrop campaigns, Saga, game studios, and guilds host tournaments rewarding players with $SAGA tokens. The recent success of The Three Kingdoms…
Delist Announcement from Bitcoin Exchange Binance! It was announced that three altcoins were delisted from spot transactions!
Binance, one of the world’s leading cryptocurrency exchanges, announced its decision to remove three tokens from its platform as of April 3, 2024. The tokens affected by this decision are DREP (DREP), Mobilecoin (MOB) and pNetwork (PNT). Binance Announces Delisting of DREP, MOB, and PNT Tokens The decision to delist these tokens stems from Binance’s commitment to maintaining high standards and adapting to evolving market dynamics. As part of its periodic review process, the exchange considers various factors such as project team commitment, development activity, transaction volume, network stability, regulatory compliance, and contribution to a healthy crypto ecosystem. All trading…
Will Bitcoin Transform into Just Another Stock Amidst Institutional Surge and ETF Integration?
Steering through a sea of change in the crypto market, the investment game is experiencing a seismic shift. Spot Bitcoin ETFs already exist, signaling Bitcoin’s leap into mainstream finance and knitting it closer to conventional investment fabrics. We’ll look at the tip of the iceberg trying to imagine its true depth as well as the current correlation between Bitcoin, stocks, and Gold. We’ll attempt to figure out if the traditional market is really leading Bitcoin out of its decentralized place, or if there’s still an avenue for hope that it can maintain its unique path. According to the Kaiko data,…
Ethereum has reclaimed its position as the top-ranking blockchain in non-fungible token (NFT) sales over the past 24 hours, with a 12.06% rise to US$12.47 million, according to CryptoSlam data. The blockchain saw a slight decrease of 5.29% in wash sales on Wednesday, which are typically non-genuine transactions used to inflate volume. This performance has contributed to Ethereum’s all-time sales volume, which now sits at a market-leading US$43.27 billion. Bitcoin, which led the industry in NFT sales each day leading to Wednesday this week, came in second with US$10.9 million. Bitcoin’s performance helped the network reach a new milestone as…
Ethereum price started a recovery wave from the $3,050 zone. ETH is up over 10% and is now struggling to clear the $3,550 resistance zone. Ethereum started a decent recovery wave from the $3,050 zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,550 resistance zone. Ethereum Price Starts Recovery Ethereum price extended its decline below the $3,350 and $3,200 levels,…
Data shows XRP trades for $74 on the Atlantis exchange, where XRP recently secured a listing, but the legitimacy of the platform has become a subject of discussion. Since slumping beneath $1 in December 2021, XRP has maintained a position below that mark. With market analysts predicting imminent price surges above $1 and possibly to a two-digit price, investors have indeed witnessed this phenomenon, albeit not in the expected fashion. Interestingly, XRP has been recording prices way above its actual trading value on a centralized exchange known as Atlantis. This development came up shortly after the cryptocurrency exchange, which claims…