Author: NBTC

The year 2024 saw the Bitcoin mining industry record significant developments and historic milestones. According to a report by the Bitcoin mining entities NiceHash and Digital Mining, 2024 was a record-breaking year for the promising industry. NiceHash and Digital Mining revealed that in 2024, the mining industry witnessed high block space demand, increased hashrate, and new trends in mining machine models. Large mining companies also expanded via mergers and acquisitions, enhancing their output and efficiency. Mining Developments in 2024 In 2024, the Bitcoin network started at block 823,807 and ended at block 877,270 after producing 53,463 blocks with an average…

Cboe Global Markets plans to launch the first cash-settled index options that will reflect the price of spot Bitcoin. The Cboe Bitcoin U.S. ETF Index, with the ticker CBTX, will track the performance of spot Bitcoin (BTC) exchange-traded funds listed in the U.S. The product will be regulated by the U.S. Securities and Exchange Commission and is expected to go live on the Cboe Options Exchange on Dec. 2. CBTX is a modified market cap-weighted spot BTC ETF jointly offered by Cboe Labs and Cboe Global Indices, the derivatives exchange said in a press release on Nov. 22. The index…

Human Protocol token is getting extra love from crypto traders, as is the Camila Cabello-backed meme coin, Ski Mask Dog. Human Protocol (HMT) token jumped 175% in value at last check Saturday, as it continues to gain traction in the market while also addressing both identity verification challenges and data privacy concerns. See below. Source: CoinGecko Humanity Protocol’s $1 billion valuation Humanity Protocol, a blockchain-based project, reached unicorn status in May, boasting a $1 billion valuation. This milestone came after it secured $30 million in a seed round led by Kingsway Capital. Among its investors are Animoca Brands, Blockchain.com, Hashed…

As I’ve explained previously, I don’t think Donald Trump actually gives a damn about Bitcoin; at best, he’s a shitcoiner who wants in on the scam. Having said that, it is fair to say that Trump adopted a pro-crypto stance during his campaign. And indeed, his promise at Bitcoin 2024 to fire Gary Gensler on “day one” of his presidency seems to have already resulted in the SEC chairman announcing his resignation. An optimistic scenario (as for example suggested by Trey Walsh) is one in which the Democrats now (also) adopt Bitcoin as part of their party platform. But given…

SoonChain, a popular AI-driven gaming layer-2, has joined forces with Gaimin, an advanced Web3 gaming platform. The collaboration utilizes blockchain technology to provide users with a more rewarding and immersive gaming experience. The platform took to social media to disclose this endeavor. 🚀 𝐍𝐄𝐖 𝐀𝐈 𝐀𝐃𝐎𝐏𝐓𝐈𝐎𝐍 𝐀𝐋𝐄𝐑𝐓We’re thrilled to welcome @GaiminIo to the SoonChain ecosystem 🌐As a revolutionary Web3 gaming platform, Gaimin is transforming the gaming industry by enabling users to sell their excess GPU power to AI companies. With their… pic.twitter.com/cKzamXxkgo — SoonChain❤️AIGG (@soonchain_ai) January 11, 2025 SoonChain Partners with Gaimin to Revolutionize Web3 Gaming SoonChain pointed out that…

In a recent conversation with FOX Business, Senator Cynthia Lummis shared her views on buying Bitcoin to reduce US debt. Lummis remarked that Bitcoin serves as a long-term store of value. She expressed that it should be included in reserves as a strategic asset alongside gold and oil. The senator proposed that the U.S. should acquire approximately 200,000 BTC over the next 20 years, aiming to reach a total of 1 million BTC. She asserts that this accumulation could significantly reduce the country’s debt. Lummis Suggests Selling Gold To Buy BTC At a time when the government is looking to…

Nerve Network has seen a landmark achievement with the inclusion of $SCR liquidity. With the liquidity grant of the $SCR token from the Scroll Foundation, Nerve Network moves forward in its venture toward increasing DeFi capabilities. The platform disclosed this development on its official social media account. 🎉 Exciting news! We’ve received the $SCR liquidity grant from the @Scroll_ZKP Foundation💙All funds will be dedicated to enhancing NerveSwap liquidity pools, bringing even greater benefits to our amazing community. Let’s grow together! 💪#Scroll #NerveNetwork #crosschain pic.twitter.com/OkEUYJR5bc — NerveNetwork (@nerve_network) November 30, 2024 Nerve Network Gets $SCR Liquidity to Increase Its Functionality and…

A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout. Crypto trader Michaël van de Poppe tells his 740,700 followers on the social media platform X that Aptos (APT) may surge by more than 65% from its current value after breaking out of a key resistance level. He also believes the announcement that Aptos will support stablecoin USDC on its blockchain is a bullish catalyst. “APT is one of those chains with a massive capacity to facilitate transactions. The price action looks excellent too. Broke a significant resistance zone and great…

Chainlink has solidified its position by collaborating in the banking and capital markets sectors, showcasing its commitment to innovation and industry transformation. These collaborations have brought together top financial institutions, facilitating a paradigm shift in how assets are tokenized and exchanged. Chainlink is at the forefront of innovation in banking and capital markets as blockchain technology continues to evolve. By providing secure and decentralized Oracle services, Chainlink empowers financial institutions to harness the benefits of blockchain while ensuring compliance and transparency. The decentralized Oracle network has enabled over $17 trillion in value and is enabling the world’s largest infrastructures and…

Anchorage Digital, a prominent platform that provides crypto services to institutions, has started an exclusive collaboration with Babylon Labs. As per Anchorage Digital, the platform is unveiling support for Bitcoin ($BTC) staking on the staking protocol of Babylon Labs to facilitate institutions. The platform took to social media to announce the respective collaboration. 🏦 Institutional Bitcoin staking has arrived!@Anchorage is making Babylon Bitcoin staking accessible for institutions during Cap-3Secure custody, compliance, and BTC staking rewards—this is the next evolution in DeFi.Learn more 👇 https://t.co/i93kZWl8Xk — Babylon (@babylonlabs_io) November 21, 2024 Anchorage Digital’s Partnership with Babylon Labs to Benefit Institutions with…