Author: NBTC

Adam Back, a big figure in the world of cryptography and blockchain, recently shared something interesting: He did not own any Bitcoin (BTC) until 2013. Famous for inventing Hashcash in 1997, a proof-of-work algorithm designed to combat spam and denial-of-service attacks, Back’s influence extends deeply into the development of modern blockchain systems. His Hashcash algorithm was a big part of how Bitcoin’s mining process was set up, and it had a direct impact on the creation of the cryptocurrency’s proof-of-work model. More to it, Back’s contributions have been acknowledged in Satoshi Nakamoto’s 2008 white paper, which highlights his role in…

During a recent interview with Devin Ryan, director of financial technology research at JMP Securities, Ripple CEO Brad Garlinghouse stated that Ripple owns more than $100 billion worth of XRP tokens. “The total value of the XRP we own now exceeds $100 billion,” he said. He believes that this should be taken into account when determining the company’s valuation. Ripple has been trading in the secondary private markets at a significant discount to net asset value, according to Garlinghouse. In early 2024, Reuters reported that Ripple had a valuation of roughly $11 billion after buying back nearly $300 million worth…

Binance is arguably the most scrutinized cryptocurrency exchange around, especially when it comes to regulations. This top crypto exchange has been in the crosshairs of regulators across multiple jurisdictions. This includes the court case in 2023 that even led to Changpeng Zhao’s resignation as CEO. But even with all that, Binance has held firm, expanding and pushing into newer markets. Unlike Binance, several cryptocurrency exchanges ceased to exist after regulators had come knocking. The Mt.Gox disaster back in 2014 is one of crypto’s saddest stories, alongside the FTX collapse after many years. This shows how plenty of exchanges have faced…

People like MicroStrategy’s Michael Saylor and ARK Invest’s Kathy Wood have suggested the US government create a strategic Bitcoin Reserve. Senator Cynthia Lummis has even proposed a bill called the Bitcoin Act of 2024, which would start the process. In her view, the development could both diminish the national debt and bolster the US dollar. When Donald Trump mentioned the idea of the Reserve at the Nashville Bitcoin Conference in 2024, it wasn’t the first time the idea had been put forward. Indeed, President Joe Biden’s fiscal stimulus measures during the pandemic gave people a good reason to support such…

A significant move by a whale in the $ai16z market has caught the attention of cryptocurrency traders. This whale, who originally purchased 10.6 million $ai16z tokens for approximately $2.27 million from November 15 to November 22, 2024, is now set to sell 5.3 million tokens, worth around $10.68 million. This transaction highlights a staggering profit of approximately $19 million from the whale’s initial investment, as the price of $ai16z has increased substantially since the November purchase. An $ai16z whale is selling 5.3M $ai16z($10.68M) via limit orders.This whale bought 10.6M $ai16z($2.27M cost) at an average price of $0.214 from Nov 15…

Binance has announced that it will be delisting several margin trading pairs at 09:00 UTC on February 17, 2025, as part of its ongoing efforts to optimize its trading services. Binance to Delisting Multiple Margin Trading Pairs on February 17 Margin Trading Pairs Affected Cross Margin Pairs: Isolated Margin Pairs: HMSTR/FDUSD ILV/BTC LTO/BTC MDT/BTC SAGA/BTC Important Timeline and User Instructions Effective Today: Users can no longer transfer assets from affected pairs to their Isolated Collateral accounts via manual transfers or Automatic Transfer Mode. However, users with outstanding debts can continue to transfer assets to cover their debts. February 12, 2025,…

The on-chain data analysis platform Glassnode has identified several price levels that hold the key to bitcoin’s (BTC) price trajectory in the coming weeks. Depending on which direction the leading digital asset goes, there could be a massive correction or strong resilience that could enable positive price movement. According to Glassnode’s tweet, these price levels were obtained by analyzing the Cost Basis Distribution (CBD) metric, which measures the total Bitcoin supply held by addresses with an average cost basis within specific price ranges. Bitcoin’s Bottom Discovery Region One key observation from analyzing the CBD is that BTC has a dense…

Ripple Labs has minted 1,79 million RLUSD tokens at its Treasury, marking a notable event in the stablecoin’s activity. Following this, the same amount was transferred internally between Treasury accounts. Whilst, the XRP price rallied amid the bullish sentiment in the crypto market. Close Look At Ripple’s RLUSD According to on-chain data, subsequent transactions shuffling 500,000 RLUSD through varied routes were also recorded today. The minting of additional RLUSD tokens highlights the growing importance of liquidity within the stablecoin ecosystem. By securing multiple listings, Ripple aims to increase RLUSD’s availability and usability in global markets. For further context, the RLUSD…

The world’s largest cryptocurrency exchange Binance started the day with altcoin delisting news. At this point, Binance announced that it had delisted altcoins named AMB, CLV, STMX and VITE. “At Binance, we periodically review every digital asset we list to ensure it continues to meet high-level standards and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist. Based on our latest reviews, we have decided to delist all spot trading pairs for the following altcoins and halt trading as of 2025-02-24 03:00 UTC:…

Blockstream founder Adam Back has predicted that Bitcoin exchange-traded funds (ETFs) might reign supreme next year. This comes after BlackRock’s iShares Bitcoin Trust ETF (IBIT) finished third on the 2024 ETF leaderboard (behind the Vanguard S&P 500 ETF and the iShares Core S&P 500 ETF). Last year, BlackRock’s IBIT managed to attract $37 billion worth of inflows. Another busy year for ETF issuers According to Nate Geraci, one of the leading ETF analysts, ETFs will keep dominating throughout 2025. “Welcome to 2025, where crypto ETFs will continue dominating headlines,” he said. This comes in response to Roger Bayston, the head…