NFT News Daily Offcial TheBitTimes.com

Assets listed on South Korean exchanges, including cryptocurrencies like bitcoin (BTC) and XRP, tanked on Tuesday night after President Yoon Suk Yeol declared martial law for the first time since 1979. Traditional assets like equities, along with the Korean won (KRW), also cratered as tanks rolled down the streets of Seoul to protect government buildings. As the KRW crashed to its weakest exchange rate against the dollar in 15 years, Seoul-based crypto exchanges Upbit and Bithumb struggled to remain operational. Outages affected users intermittently throughout the evening. Trading volumes in BTC and XRP surged as prices collapsed, sending BTC tumbling 33% intraday on Upbit’s KRW-denominated trading pair. XRP, the most popular asset traded on Upbit and Bithumb this week, fell an almost unbelievable 56% within 30 minutes on KRW pairs. One-minute chart of BTC/KRW on Upbit. Read more: XRP craze in South Korea reminds traders of LUNA meltdown A chaotic day for ...

The Kaia price surged 35% in the last 24 hours to trade at $0.3597 as of 3.50 a.m. EST on trading volume that skyrocketed 175% to $632.3 million. While the KAIA price surged quite a bit in the last day, its weekly performance is even more impressive, taking its price up by 96%. Awesome News! 🎉$KAIA will be listed on HashKey Exchange (@HashKeyExchange), Hong Kong’s licensed virtual asset exchange! This represents a significant milestone in expanding Kaia's reach and adoption within the digital asset ecosystem worldwide. 🌍 Read the full article:… pic.twitter.com/FF2OJ4AEok — Kaia (prev. Klaytn & Finschia) (@KaiaChain) November 28, 2024 Kaia saw quite a lot of good news over the last week, from a new listing on HashKey Exchange announced on November 28, to new additions to its network such as the USDa, also known as the Bitcoin Money. CapybaraDEX, a decentralized exchange on Kaia Chain, also recently announced passing $111 million in total tra...

HTX, the Justin Sun-advised crypto exchange, has been rapidly redeeming massive quantities of wrapped bitcoin (WBTC). This started on November 24 with HTX redeeming approximately 5,182 bitcoins and has continued with the additional redemption of 2,166 bitcoins on December 1. Both of these transactions were unusual to observe, given that WBTC has no 24-hour volume on HTX.  Additionally, there is no WBTC included in the proof-of-reserves for HTX.  Furthermore, neither of the two bitcoin addresses that these redemptions largely ended up in, 1Fgpaz4kXyz35WKMGk2Yo19mR9pk3KC8zx and 1Apv2EuoHyCpKsxdFEPv5GSddqDMt3bTN6, are included in the proof-of-reserves. Coinbase to delist WBTC months after Justin Sun controversy Read more: Justin Sun’s USDD removes 12,000 BTC without DAO approval Furthermore, the total amount redeemed, approximately 7,300 bitcoin, would represent approximately one-third of all bitcoin included in the HTX Proof-of-Reserves. Despite ...

Altcoin season seems to be in full swing — while Bitcoin (BTC) has struggled to breach the $100,000 price point and retreated to $95,546, as of press time, cryptocurrencies with smaller market caps have not faced similar headwinds. In this environment, many traders divert their attention, choosing instead to focus on either altcoins or meme coins. This is a valid strategy — but several of the more established altcoins are showing strong technical signals as we enter into December. Potentially, this could lead to a best-of-both-worlds scenario — netting investors outsized gains without the large degree of volatility often seen with as-of-yet unproven assets. One such cryptocurrency is Cardano (ADA). Although it had been on a steady downtrend from March, the beginning of November saw prices go parabolic with the token breaking back into the top 10.  Picks for you ...

The Tezos price has pumped 23% in the last 24 hours to trade at $1.66 as of 8:45 p.m. EST on a 341% pump in trading volume to $590 million. Tezos Price Surges Along The Parabolic Curve Line The XTZ/USD pair is trading at $1.6358, reflecting a slight decline of -2.41% in the last session. The price shows strong bullish momentum, forming a parabolic upward trend. However, such movements often signal overextension and can be followed by sharp corrections. A key support level of around $1.20 has previously been a solid price floor. If a pullback occurs before the asset resumes its upward trajectory, this level might be revisited. XTZUSD Analysis Source: Dextools.io The 50-period moving average (at $1.2935) is a dynamic support level, reinforcing the bullish sentiment in the short term. Meanwhile, the 200-period moving average (at $0.8880) reflects long-term support, with the wide gap between the two moving averages confirming the strength of the uptrend. Tezos Price Indicators ...