Author: NBTC

Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024. At press time, Bitcoin was trading at $96,044,00 — with year-to-date (YTD) gains standing at 127.15%. In contrast, Ethereum’s returns thus far have been twice as small, at 62.01% on a YTD basis. However, on December 4, ETH surpassed a critical threshold — reclaiming and shooting past its monthly open, with prices reaching levels slightly above the $3,800 mark…

Cardano and Bitcoin integration may announce updates at the Cardano Summit. Rumours of what the updates could be leads to major excitement in the crypto space. ADA and BTC price could pump significantly with ADA at $10 ATH. The crypto space is a buzz with what could be one of the biggest network collaborations in the crypto space. Cardano has long since been working on a mainnet integration with the pioneer blockchain technology in the crypto space, the Bitcoin network. The testnet launched a few months ago bringing ample opportunity for both networks. Could we see Hold $BTC Earn $ADA?👀POW…

Over the weekend, a lively discussion swept through social media as cryptocurrency enthusiasts dissected a Wall Street Journal article declaring that the U.S. “war against crypto is over” with Donald Trump’s return. Trump’s Return and the End of the Crypto Crackdown? WSJ Article Stirs Debate An article in the Wall Street Journal (WSJ) suggests that the U.S. Securities and Exchange Commission (SEC) may ease up on its legal battles against crypto exchanges once Donald Trump returns to the White House. Although President-elect Trump has yet to reveal his choice for the next SEC Chair, the buzz is that multiple contenders…

Stratos Jets, a Florida-based private jet franchise, has partnered with payments provider BitPay to enable cryptocurrency payments. On Dec. 3, Stratos Jet announced its collaboration with BitPay, a U.S.-based cryptocurrency payments platform, to allow users to pay for private charters using digital assets. The move aligns with increasing adoption of cryptocurrencies and follows significant gains in the market amid growing regulatory clarity. Even in the U.S., where outgoing SEC Chair Gary Gensler’s anti-crypto stance had slowed adoption, a shift appears imminent as Gensler prepares to step down in January. Read more: MoonPay, BitPay partner to simplify crypto transactions Stratos noted…

Crypto X (formerly Twitter) lit up last night following BlackRock CEO Laurence Fink’s prediction that bitcoin “will become as big as the US housing market.” The only problem is, he never actually said that. The confusion stemmed from a DLNews report that claimed Fink made the comment during a BlackRock earnings call last Friday. However, the outlet has since published a correction on the story and clarified that, “Fink was referring to BlackRock mortgage products he didn’t name.” Despite the misreport, Fink’s sentiment during the call was still bullish on bitcoin. He said that regardless of which presidential candidate is…

Ethereum developer Justin Drake said his comprehensive proposal to overhaul the second-largest blockchain’s consensus layer isn’t about catching up with a rival, it’s about sticking around for the long haul. Drake unveiled the proposal, known as the Beam Chain, at Ethereum’s biennial Devcon gathering in Bangkok last month, at a time when the network’s native token ETH is lagging behind its counterparts at other major layer-1 blockchains. The Ethereum network enjoyed wide adoption over the last few years, making it more expensive and slower to use. In response, a cohort of layer-1s, known as “Ethereum killers,” emerged in 2020 to…

Tomarket, a leading player in the Telegram gaming ecosystem, crossed a major milestone as its user base rose to over 40 million. This milestone occurred just days ahead of the network’s Token Generation Event or airdrop, which will allow users to convert their coins into fiat currencies. The TGE will take place on Oct. 31 and will be available only to users with a tomato emoji and those who have reached the bronze level. Tomarket has seen strong growth, fueled by the popularity of Telegram games and tap-to-earn games. It surpassed 1 million users five days after its launch in…

This is a segment from the Empire newsletter. To read full editions, subscribe. If you need any more reassurance that working with crypto is tipped to get easier, look no further than Coinbase listings. In fact, the rate of Coinbase listings has rapidly accelerated. Over the past two years, until the election in November, the exchange had made 88 listing announcements specific to the US — an average of 3.8 listings per month. Since Trump’s win around this time last month, Coinbase has made16 such announcements — either for its flagship US exchange or specifically for the state of New…

Aave (AAVE) has solidified its position in the top 40 of crypto assets. The Ethereum (ETH) expansion led to a recovery in lending. Aave is once again attracting whales at levels not seen since 2022. Aave activity is increasing with this year’s bull market. As with other assets and protocols, Aave benefitted from the inflow of stablecoins and the rise of ETH market prices. The latest upward leg for the crypto market also helped Aave recover its value locked to levels not seen since the 2021 bull rally. Aave now locks in more than $20B in liquidity, turning into the…

Since IOTA increased the token supply last year to 4.6 billion—up from an initial 2.79 billion—there have been concerns that this has suppressed its price. However, one ecosystem member says the increase was in line with the broader inflation, other major tokens experienced similar figures, and it’s the ecosystem growth that ultimately matters. In September last year, IOTA made a massive announcement, revealing that it would increase the supply of IOTA tokens from 2.79 billion to 4.6 billion. Since then, some analysts have claimed that the new tokens have been the key factor suppressing the price of the token. However,…