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.
If you’re wondering about Binance vs. Binance US and what’s the difference between these two exchanges, you are certainly not alone. Due to the similar branding employed by the two exchanges, it can be quite confusing to tell the difference. In this article, we’ll explain the differences between Binance and Binance US and explain their most important features. A quick summary is that Binance offers a lot more features and lists a larger number of cryptocurrencies, but isn’t available in the United States. Meanwhile, Binance US has a more limited offering but is available to customers from the United States.…
The US government filed to modify former Binance CEO Changpeng Zhao’s bond ahead of his sentencing. “The original bond conditions were based on the expectation that Zhao would be living in the [United Arab Emirates], and so they did not address matters such as custody of his passports and notifications to Pretrial Services related to his travel plans and residence,” the government wrote in a filing Friday. The US government wants Zhao and his defense team to inform the government of his travel plans. Zhao’s team pushed back on the modification, arguing that it hasn’t yet been an issue for…
Ethereum’s price experienced a turbulent trading session on March 4, 2024, with significant intraday fluctuations marking the landscape. Despite the short-term volatility, underlying indicators and moving averages suggest a strong bullish trend over the long term. Ethereum The last 24 hours saw ethereum’s (ETH) price swing from $3,411 to $3,537, encapsulating the volatile nature of the crypto market. A hefty trade volume of $20.02 billion and a market capitalization of $421.26 billion underline ether’s significant market presence on Monday. Oscillators present a mixed picture; while the relative strength index (RSI) and Stochastic indicate neutrality, the commodity channel index (CCI) signals…
The Arizona state Senate has advanced a resolution that would have lawmakers and state retirement fund managers look into allocating a portion of portfolios to bitcoin ETFs. The concurrent resolution, introduced less than a month after the US Securities and Exchange Commission allowed bitcoin ETFs to start trading, seeks to “encourage” the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to monitor these new investment vehicles and consider adding exposure, according to a fact sheet. The state Senate passed the resolution in a 16-13 vote late last month. Senators followed party lines, with all Democrats…
The Bitcoin ETF launch in January has sent the price of BTC flying over the past 50 days, but companies that mine the top cryptocurrency have not been nearly as jubilant as the people who invest in it. With one notable exception. Shares in several public mining firms are trading flat or down in 2024 so far. Riot Platforms (RIOT) has fallen 6.2%, and Iris Energy (IREN) has sunk 11%. While mining giants like Bitfarms (BITF) and Marathon Digital (MARA) have appreciated, it’s only by a modest 5% and 17% respectively. Meanwhile, the price of BTC is up 42% year-to-date,…
Avail’s Goldberg testnet has successfully processed over 100 million transactions, marking a pivotal achievement in its preparation for a mainnet launch. 100 million transactions on the Goldberg testnet!!! Do you see that?! Shoutout to @subscan_io for building Avail’s newest explorer 🫶 You can see it for yourself here – https://t.co/dD2DiTrLtQ https://t.co/hZ7HcobKR9 — Avail | ✈️ ETH Denver (@AvailProject) March 1, 2024 According to the latest social media post by Avail, the Avail DA Goldberg testnet successfully processed over 100 million transactions. Based on the message shared with Cryptonews.com, the 100 million milestone is a “highly reliable indicator that the mainnet…
This past weekend marked the end of the three-day-long EthDenver conference, where thousands of developers, investors, enthusiasts, and thought leaders from around the globe attended to support the Ethereum community.—Antonio Juliano, CEO and Founder of dYdX Trading, the world’s leading decentralized exchange for cryptocurrencies, attended and spoke on The Evolution of the DEX Space panel. Alongside Will Warren, Co-founder and Co-CEO at 0x and Matcha. Antonio discussed the pivotal role of decentralized exchanges (DEXs) as the infrastructure and backbone for routing value across Web3.DEXs allow users to trade in a permissionless and peer-to-peer manner, revolutionizing the way that users trade…
The U.S. Internal Revenue Service (IRS) has hired two former digital asset industry executives to beef up its ‘crypto’ tax expertise. The IRS recently announced the hiring of Sulolit “Raj” Mukherjee, JD, and Seth Wilks, CPA, to ramp up the agency’s efforts in “building service, reporting, compliance, and enforcement programs.” Mukherjee joins the tax agency after serving in tax compliance for financial institutions for over a decade. He most recently served as the global head of tax at ConsenSys, the New York-based incubator headed by Ethereum (NASDAQ: ETH) co-founder Joe Lubin. Previously, he served with Coinbase (NASDAQ: COIN) and Binance.US,…
Ethereum is approaching its all-time high aggressively, with the price on an almost vertical rise. Yet, based on both technical and sentiment analysis, a correction in the short term is looking probable. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been blowing past several resistance levels since rebounding from the $2,200 level at the beginning of February. The market is currently testing the $3,500 resistance level and is yet to break to the upside definitively. Meanwhile, the Relative Strength Index demonstrates a clear overbought signal pointing to a potential consolidation or pullback in the…
MicroStrategy saw its share plunge over 15% during a volatile trading session on Tuesday. The share plunge came a day after it had announced plans to buy more of the token using the money raised from the sale of $600 million in convertible senior notes. The announcement had sent the shares of the company up in the last trading session. However, the effect of the update seems to be fading now. MicroStrategy Sees Shares Fall Earlier in the trade, MicroStrategy shares fell over 7%. With a continued fall, the stock has toppled over 16%. The move comes in tandem with…