Author: NBTC

Bitcoin’s price dropped below $100,000 after a 4% decline over 24 hours, just as the U.S. Securities and Exchange Commission (SEC) gave its approval to Hashdex and Franklin Templeton’s spot BTC/ETH combination exchange-traded funds (ETFs). Ethereum’s price saw an 8.4% decrease during this period. The SEC announced on December 19 that it had authorized Hashdex and Franklin Templeton to list their BTC-ETH investment products on the Nasdaq stock market and Cboe BZX Exchange. These new offerings are named Hashdex’s Nasdaq Crypto Index US ETF and Franklin Crypto Index ETF. These ETFs will track spot prices of Bitcoin and Ether. Franklin…

In a thrilling move for the memecoin sector, CryptoPia has announced a new partnership with Jump.fun. The partnership targets to redefine the launch, deployment, and trading of meme coins in the DeFi sector. The platform disclosed this remarkable development on its official social media account. 🎉 Exciting Partnership Alert! 🎉 We’re thrilled to team up with @jumpdotfun, the ultimate memecoin launchpad! 🚀https://t.co/5Kjz2vWnY9 brings:One-Click Deployment for instant launchesLiqWar Mode: Battle it out in liquidity with a chance for massive gains (3 wins = 64x price… pic.twitter.com/sPqc33YmvS — CryptoPia (@Cryptopia_world) December 13, 2024 CryptoPia Partners with Jump.fun to Simplify Memecoin Launching Process…

In a recent Twitter community space, Binance Co-founder He Yi revealed that only a few meme coins will survive, despite the numerous memecoin projects seeking or achieving listings on Binance. Yi also clarified that being listed in Binance Alpha does not guarantee eventual listing on Binance. Yi stated, “A few memes will survive, but most will return to zero. Whether it is VC coins or memes, Binance has a list of hundreds of hot projects, but some projects have issues with their token economic models, and some platform data is inflated.” She also highlighted the risks associated with certain memecoin…

Vancouver Mayor Ken Sim wants Bitcoin on the table as a serious contender in the city’s financial strategy. He proposed Vancouver explore Bitcoin as a reserve asset to diversify its financial reserves and protect the city’s purchasing power. His proposal will be reviewed by the Vancouver City Council on December 11. Sim’s motion, “Preserving the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming a Bitcoin Friendly City,” is being pitched as a forward-thinking move in an economy he says is riddled with uncertainty. During a council meeting, Sim made his case loud and clear. He told council members…

Ordeez bridges Bitcoin and NFTs with ordinal derivatives for enhanced security. Ordeez preserves NFT attributes, ensuring authenticity and preventing counterfeiting on Bitcoin. Ordinals, the unique data inscriptions on the Bitcoin blockchain, are rapidly gaining attention in the crypto world. As this innovative concept evolves, projects enhancing its utility become focal points within the community. Ordinals allow users to inscribe arbitrary data, such as images, text, or even code, onto individual satoshis—the smallest unit of Bitcoin. This development has unlocked a new layer of creativity and functionality on the Bitcoin network, enabling use cases that extend beyond traditional financial transactions. The…

Coinbase has now overtaken two of the world’s largest securities exchanges in terms of transaction revenue, according to a crypto analyst from the private bank Coutts. The crypto exchange generated $5.75 billion in transaction revenue over the past 12 months, compared to just $4.54 billion for the Nasdaq, where many of the world’s most valuable companies, including Apple, Google, and Microsoft, are traded. Coinbase also surpassed the Stock Exchange of Hong Kong, the HKEX, which generated $2.67 billion over the past year, as well as Brazil’s Bolsa Balcão, which generated $1.81 billion. Keep in mind that these numbers are not…

Dogecoin co-founder Billy Markus, who goes by Shibetoshi Nakamoto on X, recently reflected on a Galaxy Research piece from May 2021. The article delved into the whimsical and unconventional nature of Dogecoin. This cryptocurrency started as a joke in 2013 but has since gained a massive following and significant market value, and likewise, the design choices that shaped Dogecoin. One line from the article particularly stood out to the Dogecoin co-founder: “Monetary flexibility. Dogecoin’s unreasonably short maturity window wasn’t the only bizarre design choice made by the creators of the asset.” my favorite line: “Monetary flexibility. Dogecoin’s unreasonably short maturity…

Synthetix exchange relaunches with multi-collateral perpetuals on the Base network. The reboot of Synthetix comes with a new website, relaunch of its exchange, and upcoming launch of Synthetix Leveraged Tokens. Following two acquisitions, Synthetix announced its relaunch today with multi-collateral perpetuals on the Base network. The Synthetix reboot comes with the launch of a new website, relaunch of its exchange platform, and Synthetix Leveraged Tokens, along with perpetuals on Base. While the ongoing crypto bull run contributes to the success of Synthetix exchange relaunch, the exchange is making several major changes to its features. As a part of the relaunch,…

Bitcoin’s price recently surged to an all-time high (ATH) of $104,087 but has since entered a phase of consolidation. Despite reaching new highs, Bitcoin is struggling to break past the $100,000 barrier. Investors are cautiously optimistic, but there is concern that the market may be at a tipping point, where a decline could follow if BTC fails to hold above this level. Bitcoin Faces High Risk Bitcoin’s market sentiment is currently marked by very high risk, as indicated by the NUPL (Net Unrealized Profit/Loss) metric. The NUPL has surpassed 0.59, which is one standard deviation above the 4-year average. This…

Band Protocol integrates with Celo Alfajores L2 to enhance DeFi applications with accurate decentralized price data and security. Developers on Celo L2 gain real-time, cross-chain price feeds from Band Protocol, empowering dApps like DeFi, GameFi, and NFTs. Band Protocol has announced its integration with Celo Alfajores Layer 2 (L2), which represents a big step forward in decentralized finance (DeFi). Combining Celo’s goal of worldwide financial inclusion with Band Protocol’s demonstrated knowledge of decentralized Oracle solutions marks significant progress in this regard. Developers now have access to improved data accuracy and security by including Band Price Oracle into Celo’s ecosystem, therefore…