Author: NBTC

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.

Bitcoin Exchange Binance Announced That It Listed New Trading Pairs!

Binance, one of the leading cryptocurrency exchange platforms, announced that it will offer new trading pairs and trading bot services on the Spot platform, effective from April 30, 2024. Binance Spot Introduces New Trading Pairs and Trading Bot Services In order to provide users with a wider range of trading options and improve their overall trading experience, Binance will launch the following trading pairs: ADA/JPY (Cardano/Japanese Yen) SHIB/JPY (Shiba Inu/Japanese Yen) SOL/JPY (Solana/Japanese Yen) XRP/JPY (Ripple/Japanese Yen) Trading for these pairs will begin at 11:00 am on April 30, 2024. In addition, Binance will also introduce Trading Bot services for…

ExchangesApr 30

Bitcoin Whale Aggressively Accumulates $282,380,000 Worth of BTC During Correction: On-Chain Data

A Bitcoin whale has stacked over $282 million in BTC since late March as the flagship digital asset struggles to find a bottom after hitting all-time highs. First spotted by blockchain tracking firm Lookonchain, an address beginning with “12QVsfA” bought 4,380 BTC worth $282.38 at an average price of $64,471. Says Lookonchain, “After the price of BTC dropped, this whale bought another 620 BTC ($39.8 million) at the bottom. Since March 21, this whale has bought 4,380 BTC ($282.38 million) at $64,471 from Binance. Address: 12QVsfAFv5RsHuqx4i9WsNGJPeiYLoN2qo.” On the same day, the firm also spotted another whale depositing over $77.67 million…

BitcoinApr 30

MetaComp Partners With Harvest Global To Launch Hong Kong ETFs In Singapore And Beyond

MetaComp Pte Ltd, a fintech leader licensed by the Monetary Authority of Singapore (MAS) and specializing in blockchain technology and digital assets, has announced a strategic partnership with Harvest Global Investments Limited (HGI). This collaboration is set to introduce cryptocurrency spot Exchange-Traded Funds (ETFs) to the Singapore market and potentially to global investors as HK ETFs are set to commence trading on 30 April. Harvest Signs MoU With MetaComp Harvest Global Investments (HGI), a premier asset management company authorized by the Securities and Futures Commission of Hong Kong, is one of the leading Chinese asset management firms to expand internationally.…

MarketsApr 30

XRPL Architect Debunks XRP Price Misconceptions

David Schwartz, the chief technology officer (CTO) at Ripple and a key architect of XRP Ledger (XRPL), recently addressed misconceptions surrounding the price dynamics of the popular cryptocurrency XRP. In a social media exchange, Schwartz clarified several points, including the relationship between staking, securities regulations and XRP's utility as a payment asset. The conversation began with queries regarding the potential classification of staking as a security and its implications for cryptocurrencies like Ethereum (ETH). Schwartz responded by questioning the logic behind such classification, emphasizing that staking itself is not a tradable asset and does not involve transactions typically regulated under…

AltcoinsApr 30

Poloniex WBTC depegs threatening Justin Sun’s empire

Poloniex, a Justin Sun-owned exchange, offers a wrapped bitcoin (WBTC) product on Tron that is currently trading at a more than 20% discount on Poloniex. The WBTC pair traded against BTC on Tron has WBTC worth only 79% of BTC, currently on 0 volume over the last 24 hours. Poloniex has previously refused to disclose to Protos where it holds the bitcoin for this WBTC product and has yet to complete a promised ‘proof-of-reserves.’ Protos has again reached out to Poloniex to attempt to determine where the reserves for this product are held, what the timeline is for the exchange…

ExchangesApr 30

Detailed Analysis of Recent Bitcoin Market Dynamics

Bitcoin’s price movements and ETF data over the past 60 days reveal significant market volatility and potential directional cues. The Bitcoin ETF flow data, including large transactions and net flows, provide critical insights into institutional behaviors and investor sentiments. “The fluctuations in ETF flows are a crucial indicator of underlying market pressures,” commented an industry expert on recent trends. This in-depth analysis explores the volatile world of Bitcoin through recent ETF flows, price changes, and strategic institutional activities. Exploring Bitcoin’s Price Dynamics Bitcoin Daily Chart BTCUSDT.P 28 APR Since touching a high of $64,397 on January 28, Bitcoin has seen…

BitcoinApr 30

Trudeau proposes 67% Capital Gains Tax for stocks and crypto

Amidst the housing crisis in Canada, which has placed significant pressure on aspiring young homebuyers, Premier Justin Trudeau has proposed a new Capital Gains Tax. This tax would range from 50% to 67%, depending on the taxpayer’s income bracket. The Capital Gains Tax is levied on individuals when they sell an asset or capital property, with capital gains representing the profits from such sales. According to the Canada Revenue Agency’s website, common capital properties include cottages, securities (such as stocks, bonds, cryptocurrencies, and units of a mutual fund trust), land, and buildings. Who will be affected by the new Capital…

MarketsApr 30

Solana Founder Breaks Silence on Meme Coins Amid Dogwifhat (WIF) Success

In the wake of Dogwifhat's meteoric ascent to crypto market's top, Anatoly Yakovenko, one of the founding figures behind Solana, has broken his silence on the phenomenon of meme coins. Yakovenko took to social media to address the growing trend, offering insights into his perspective on the controversial tokens. Yakovenko's remarks come amid Dogwifhat's remarkable climb to becoming the 29th most capitalized meme coin, boasting a market value of $4.7 billion. The canine-clad cryptocurrency's surge has rattled the crypto sphere, overtaking established contenders like Arbitrum (ARB) and Pepe Coin (PEPE) along the way. In his recent social media post, Yakovenko…

AltcoinsApr 30

Crypto Exchange Listing and Delisting Announcements: April 29, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXC Listings: Nyan Cat (NCAT) Vitruvian Nexus (VNPT) BitMin Wallet (BMN) Bowled (BWLD) Evercraft (ECET) KittenWifHat (KITTENWIF) Breach Bitsat (AIBIT) GODZ DAO (GODZ) Gaimin (GMRX) Defispot (SPOT) Playbux (PBUX) BRC-20 DEX (BD20) Y8U.AI (Y8U) BlackCardCoin (BCCOIN) Hemule (HEMULE) Ready to Fight (RTF) Exverse (EXVG) Speedy (SPEEDY) Gummy (GUMMY) Panda Swap (PANDA) TrumpCat (TRUMPCAT) Safe (SAFE) Planet Mojo (MOJO)…

ExchangesApr 30

Crypto Trader Says Bitcoin Presenting ‘Generational’ Opportunity, Unveils Bull Market Price Target for BTC

A closely followed crypto strategist thinks that Bitcoin (BTC) is presenting a golden opportunity to long-term holders. Pseudonymous analyst Inmortal tells his 212,900 followers on the social media platform X that he sees Bitcoin rallying to a fresh all-time high in the coming weeks. According to the trader, the current Bitcoin consolidation is giving long-term BTC bulls a chance to accumulate at a level that offers a very favorable risk-to-reward ratio. “Generational long entry BTC.” Based on the trader’s chart, he appears to predict that Bitcoin will rally to as high as $76,000 in the near term as long as…

BitcoinApr 30