Chain News Official TheBitTimes.com

ZA Bank, Hong Kong’s largest virtual bank, has become the first bank in Asia to offer crypto trading to retail customers. This new offering allows users to buy and sell Bitcoin (BTC) and Ethereum directly using fiat currency. The service is available through the bank’s app, as long as the customers already have a ZA Bank account and have completed a risk assessment. 📢NEWS: 🇭🇰Hong Kong's ZA, the largest digital bank in Hong Kong, has become the first bank in Asia to provide cryptocurrency trading services DIRECTLY to retail users. Its bank app allows users to buy and sell #Ethereum directly using legal currency! 🚀 pic.twitter.com/mt63oqOIZO — Ethprofit.eth 🦇🔊 (@Ethprofit) November 25, 2024 To meet regulatory requirements and further integrate traditional banking with the cryptocurrency service, the bank has formed a partnership with crypto exchange HashKey. ZA Bank And HashKey Partner To Enhance Web3 E...

Shiba Inu (SHIB) the second-largest meme coin slipped down from the coveted top ten list. The asset managed to emerge as the tenth-largest cryptocurrency during the recent rally. But things took a different turn for SHIB as it currently stands as the 14th largest cryptocurrency with a market cap of $15.06 billion. It is worth noting that the meme coin has continued to maintain itself over the $0.00002500 zone. Can SHIB end this bullish month on a good note? Also Read: Jim Cramer Talks About Bitcoin & Its Price Immediately Dips to $96,000 Shiba Inu Dips By 5% After surging all the way to a high of $0.00003031 earlier this month, SHIB was seen taking a backseat. The meme coin recorded a setback during the weekend. At press time, Shiba Inu was trading at $0.00002557 following a 4.82% drop over the past 24 hours. Source-CoinMarketCap The asset’s latest drop caused slight havoc in the SHIB market. According to data from IntoTheBlock, the total percentage of holders making money at SHIB...

An asset tokenization altcoin is surging after announcing a new partnership with a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). Earlier this week, asset tokenization platform Sologenic (SOLO) announced a partnership with Texture Capital, a US-based broker-dealer that specializes in blockchain technology and digital assets. News of the collaboration served as a catalyst for the platform’s native asset, SOLO, to skyrocket from a price of $0.29 on November 21st to a price of $0.83. It has since stabilized and is trading for $0.77 at time of writing, an increase of over 110% during the last 24 hours. Together, Sologenic and Texture Capital will roll out SoloTex, a trading platform approved by FINRA (The Financial Industry Regulatory Authority) that lets blue-chip investors tokenize securities. However, no specific date was provided for its launch. “Solotex is currently under development. Upon regulatory approval and lau...

A reporter has reportedly used a VPN to bypass crypto-powered prediction market Polymarket’s ban on French users that was put in place after one gambler made $85 million betting on the outcome of the US presidential election. The journalist from The Big Whale attempted to access the site from France but was greeted with a Polymarket disclaimer stating that persons in the US and France are not allowed to trade on the platform. Despite this, he could still place a bet on the site thanks to the use of a VPN. France’s National Gambling Authority (ANJ) launched a probe into the site on November 7 after it was made aware that a French user named Théo had bet over $30 million on Trump to win the US election . Info @TheBigWhale_ Comme nous le révélions il y a 2 semaines, @Polymarket n'est désormais plus accessible depuis la France On ne peut plus placer de paris Un vœu pieux, car j'ai réussi à en placer un grâce à un VPN pic.twitter.com/7YMXV6dafy — Grégor...

Maximizing Rewards with Venus Protocol’s Yield Farming! Yield farming has become a cornerstone of decentralized finance (DeFi), enabling crypto investors to earn significant rewards by providing liquidity or lending their assets. Venus Protocol, a leading decentralized lending and borrowing platform on the Binance Smart Chain (BSC), takes yield farming to the next level with its robust ecosystem. In this article, we explore how Venus Protocol helps users maximize rewards through its innovative Features and strategies. What is the Venus Protocol? Venus Protocol is a DeFi platform offering secure and efficient lending, borrowing, and synthetic stablecoin minting. By combining these functionalities, Venus creates a seamless ecosystem for users to optimize their asset utilization. Key Features of Venus Protocol include: High Liquidity A large pool of funds ensures smooth transactions and minimizes slippage. Synthetic Stablecoins Users can mint $VAI, a decentralized stablecoin, aga...

NFTs (Non-Fungible Tokens) have revolutionized the digital art and collectibles space, but understanding how they are valued can be complex. The pricing of NFTs is influenced by several factors, often making them highly volatile. Scarcity and Rarity : Just like physical collectibles, the rarity of an NFT plays a significant role in its value. Limited editions or one-of-a-kind NFTs tend to fetch higher prices due to their exclusivity. Creator Reputation : The reputation of the creator or artist behind the NFT can greatly impact its pricing. Well-known creators often attract higher demand, which can drive up the value of their NFTs. Utility and Functionality : Some NFTs offer additional utility, such as access to exclusive content, events, or communities. NFTs with practical benefits tend to be valued higher than purely decorative ones. Market Demand : NFT prices can fluctuate based on market trends, speculation, and consumer interest. Demand in platforms like OpenSea or Rarible can sign...

Bitcoin has hit a significant turning point in institutional acceptance. According to Mike Novogratz, who heads Galaxy Digital Holdings, nations are now buying large amounts of cryptocurrency. He reports that countries’ stockpiling of BTC continues steadily even as crypto market volatility remains constant. Countries are already buying $BTC in huge volumes—these are massive pools of capital entering the market. We're witnessing global adoption at scale and the next rally could be massive. Buckle up Caught up last week with @BloombergTV pic.twitter.com/s9UKQpGmXH — Mike Novogratz (@novogratz) November 19, 2024 Also Read: What Nvidia’s Q3 Stock Drop Means for AI and Tech Investors Novogratz Reveals Countries Buying Bitcoin in Huge Volumes: What It Means Unprecedented Middle Eastern Bitcoin Adoption A trusted contact who first showed Novogratz cryptocurrency in 2013 reports exceptional and growing interest from Middle East investors. “He’s never seen anything like i...

MicroStrategy’s MSTR stock recorded higher trading volumes than both Tesla (TSLA) and Nvidia (NVDA) shares yesterday and saw its price pump more than 10% in the last 24 hours as Bitcoin (BTC) sets a new all-time high (ATH) above $97K. According to Bloomberg ETF analyst Eric Balchunas, MSTR was “the most traded stock in America” yesterday, adding that it experienced more trading activity than both TSLA and NVDA. “It’s been years since a stock has traded more than one of those two,” he said in a Nov. 20 X post . MicroStrategy Market Cap Soars To $100 Billion After MSTR Surges 10% In addition to the surge in trading volume yesterday, MicroStrategy’s market cap also topped $100 billion. The company’s valuation has since undergone a slight correction. Despite this pullback, MSTR is still up 10% to trade at $473.83 as of 2:14 a.m. EST, according to Google Finance data .  This recent surge in MSTR’s value has closed the gap betwee...

XRP shows a significant technical pattern in its weekly chart. Crypto analyst Dark Defender points out that XRP has formed a “Double Coffee Cup” pattern commonly associated with possible bullish movements. This double-rounded bottom formation, highlighted by blue and orange curves on the chart, suggests that a long period of consolidation may be nearing its end.  Additionally, XRP has recently risen above the Ichimoku Cloud, signaling a bullish trend. Meanwhile, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 6 Best Cheap Cryptos to Buy Now Under 1 Dollar  Cronos Group (TSE: CRON) reported strong financial performance for the third quarter of 2024. The current price of GRT stands at 0.2291, reflecting an 8.19% increase in the last 24 hours and a 60% rise over the past year. Osmosis (OSMO) is trading at $0.559237, showing a decline of 2.90% in the past 24 hours.  Ondo Finance’s ONDO token h...

Dogecoin (DOGE) is gaining momentum with each passing day as the Trump-Musk leadership continues to announce new anatomical changes in US politics. The US politics is now tilting towards experimentation, as Trump plans to holistically include cryptocurrency regimens into the US economic structure. Such positive changes are all hinting at a new transformation, preferable for the crypto sector as a whole. With Musk’s fondness for DOGE and the Tesla chief leading the DOGE department, can such developments catapult the token to new price highs? Also Read: Nvidia’s Growth Rate To Cool Off: Can NVDA Lose 50%? Dogecoin To Hit $1? Per crypto analyst Ali, DOGE is on its way to lay a claim on a new price spot. At press time, Bitcoin is currently up at $92K after briefly claiming the coveted price mark of $94K. Elon Musk taking charge of the DOGE department is also playing a crucial role in amping up the price of Doge, which may help the token claim new highs under his leadership alongside P...

Best Wallet’s ($BEST) private presale is off to a great start, raising over $500,000 in just its first week. As a next-generation Web3 wallet, Best Wallet delivers unmatched convenience and user-friendliness, driving impressive user growth while securing substantial funding for its native token, $BEST, which powers the entire ecosystem. With the crypto market in the midst of a historic “Moonvember,” the importance of a wallet capable of handling the surge in trading activity cannot be overstated. Best Wallet isn’t just a secure crypto wallet — it also offers users the opportunity to stake a claim in its future with $BEST. For the next seven days, users can secure $BEST at its lowest price of $0.022625 per token before the presale transitions from the private phase to a public launch. The price is expected to rise after the shift, making now the perfect time to get in early. Download the Best Wallet app from Googl...

The current Bitcoin boom is currently taking the world by storm. The fact that Bitcoin (BTC) has breached the $90K mark in recent times speaks volumes about its trending surge and the interest that the token has been receiving as of late. Chamath Palipithiya, a star investor and billionaire, recently shared his insights on Bitcoin’s current trajectory, lamenting how he lost billions because he sold his BTC holding early. Also Read: Bitcoin: MicroStrategy to Raise $1.75B For BTC Purchase Chamath Palipithiya’s Bitcoin Blunder: A Regret Hitting Hard Image: Pixabay Billionaire investor and renowned venture capitalist, Chamath Palipithiya is a leading face in the financial world. A video snippet of Palihapitiya is making the rounds on X, in which the investor is admitting to losing billions because he sold his Bitcoin holding early before the token could hit a stable price mark. https://twitter.com/AltcoinDailyio/status/1858726322631004552?t=iGZvnH5RO6YYel6MOPudig&s=19 Palihapitiya spok...

Metaplanet Inc., often called Japan’s MicroStrategy, has announced the issuance of one-year bonds worth 1.75 billion yen ($11.3 million) to fund further Bitcoin purchases. The move marked the latest in a series of aggressive steps by the company to buy Bitcoin. The Tokyo Stock Exchange-listed company, led by CEO Simon Gerovich, has been actively expanding its BTC holdings, reflecting its bullish outlook on the king of cryptos. The bonds will mature on November 17, 2025. More #bitcoin purchases incoming https://t.co/3N4Z364Pkt — Simon Gerovich (@gerovich) November 18, 2024 Metaplanet Expands Bitcoin Reserves To $93.5 Million Metaplanet’s latest filings reveal that its current Bitcoin reserves stand at 1,018.17 BTC, valued at around $93.5 million at today’s market prices. This places the firm among Asia’s top corporate Bitcoin holders. This announcement comes after the firm successfully raised 10 billion yen, or $66 million, in its fundraising last m...

Shiba Inu, one of the most influential meme coins of the cryptocurrency market, is a coin that is consistently growing at a rapid pace. The token’s global foothold is incredibly strong, as its ecosystem is always vying for new projects, which helps in strengthening SHIB from all corners and niches. Lucie, Shiba Inu’s marketing lead, recently spilled significant details on upcoming SHIB projects, emphasizing how the token is bound to grow globally in one way or another. Also Read: Dogecoin: Investment of $1,000 Turns $1.5 Million Today SHIB’s Marketing Lead Shares Details On Upcoming and Existing SHIB Projects Image Source: Watcher Guru Lucie took to X to share significant details about Shiba Inu and the future/existing projects that the token is actively involved in. These projects may play a vital role in bringing prosperity to the token, helping SHIB gain more strength. “1. ShibaSwap: A decentralized exchange for swapping assets and creating liquidity pools within the Shib ecosystem....