Author: NBTC

Publicly traded BIT Mining (BTCM) will continue its self-hosted mining operations for dogecoin (DOGE) and litecoin (LTC) after the endeavor reaped three times more profit than its bigger bitcoin (BTC) mining operations, per a release. BIT Mining said it had mined 84,485.42 LTC (worth $10 million at current prices) and 227,908,250 DOGE (worth a whopping $100 million) since it started its self-mining business. It reported having over 5,500 active mining machines, representing 1.32% of the global network hash rate in LTC, DOGE and the smaller Belcoin (BEL). Such gains on its DOGE operations came as the token’s prices have more…

Aptos price surged due to excitement around Rose’s collaboration with Bruno Mars on the new song “APT.” Aptos NFT ecosystem has rapidly expanded, with 3,900 collections and 2.3 million total NFT sales to date. The Aptos (APT) token price has jumped a movement mostly related to the enthusiasm around a new song release. Former Blackpink member Rose worked with Bruno Mars on a song titled “APT,” which has drawn interest from the Aptos blockchain community as well as fans. The surprising link between the entertainment sector and the crypto market has generated a lot of excitement that drives the token’s…

BitFuFu Inc. (NASDAQ: FUFU), a Bitcoin miner based on Wall Street, announced the launch of BitFuFu Pool, its private-label mining pool. The company also disclosed that it holds 1,664 BTC as of today (Thursday), reflecting its approach to treasury management. Bitcoin reached a notable milestone today, surpassing the $100,000 mark, with its market capitalization exceeding $2 trillion. The pool will offer commission rates as low as 0.4%. Starting next week, BitFuFu Pool will be available to users purchasing cloud-mining products and miner services through the BitFuFu app, with promotional benefits included. “With extensive R&D expertise and support from our partners,…

Nuclear energy is back in fashion, and a new blockchain-based marketplace aims to hop on the trend bringing investment access in the yellow ore to retail investors in a tokenized form. London-based Tezos ecosystem development firm Trilitech launched Uranium.io on Tuesday to offer tokens backed by physical uranium oxide U3O8, also known as “yellowcake.”The app was built on Etherlink, an EVM-compatible layer-2 network on top of Tezos (XTZ). The project recruited U.K.-regulated digital asset firm Archax as custodian for the underlying assets and creating the tokens. The physical metal is stored and maintained in a regulated depository at Cameco, one…

Several altcoins have seen a dramatic increase in whale activity this past week, according to data from blockchain analytics platform Santiment. These crypto projects may be poised for short-term price rallies, and investors should keep a close eye on them. In an X post, Santiment identified ten digital asset projects with the biggest jump in whale activity: ApeCoin (APE), SushiSwap (SUSHI), Treasure DAO (MAGIC), HOLO (HOT), API3DAO (API3), Frax Finance (FRAX), Aragon Project (ANT), AIOZ Network (AIOZ), MetisL2 (METIS), and Chintai Network (CHEX). Santiment explained that any cryptocurrency with five times its normal whale transactions in a week “has a…

Core Scientific (NASDAQ: CORZ), one of the publicly listed Bitcoin miners from Wall Street, reported a decline in BTC production for November, aligning with a broader industry trend. The company continues to pursue its strategic expansion plans in Texas, according to the monthly operational update released today (Thursday). The blockchain infrastructure company, one of the biggest Wall Street BTC companies based on the market cap, mined 314 Bitcoin in November, marking a 14.9% decrease from October’s 369 Bitcoin. Daily production averaged 10.5 Bitcoin, compared to 11.9 in the previous month, while maintaining a self-mining fleet efficiency of 24.8 J/TH. Although…

Biconomy, a leading global crypto exchange, has announced a new partnership with TelePath. This collaboration aims to bridge the gap between Web3 and traditional internet platforms. This was made known through Biconomy’s official X account. The idea is to bridge the gap between blockchain technology and daily usage of digital products. 🚀 Partnership Announcement 🚀 We’re thrilled to announce our collaboration with @TelePath_Ton! Together, we’re bridging the gap between Web3 and traditional internet platforms.🌐The TelePath Quest Platform integrates on-chain & off-chain data to empower user engagement,… pic.twitter.com/AdcFj8qQDa — Biconomy (@BiconomyCom) December 2, 2024 Biconomy, TelePath Join Forces to Increase Web3…

Larry Fink, CEO of BlackRock, the world’s largest asset manager, has affirmed Bitcoin’s status as a legitimate investment option, likening it to gold. During the Q3 2024 earnings call on Friday, Fink discussed Bitcoin’s potential market expansion despite regulatory hurdles. Fink expressed optimism about Bitcoin’s future growth, stating that the continued advancement in cryptocurrencies and blockchain technology will significantly impact global finance. Reiterating his belief in Bitcoin’s legitimacy as an investment, the BlackRock CEO said that asset utilization would increasingly become a global reality. He added: “We believe bitcoin is an asset class in itself. It is an alternative to…

Chainlink and 21X, a Frankfurt-based fintech company, announced a partnership on December 2 to develop Europe’s first EU-regulated financial market infrastructure for tokenized securities. The platform is scheduled to launch in Q1 2025. The platform will be overseen by Germany’s Federal Financial Supervisory Authority (BaFin) and will use Chainlink’s technology to perform several key functions. These include providing secure and accurate price data feeds for listed products, enabling cross-chain interoperability via the Chainlink Cross-Chain Interoperability Protocol (CCIP), and facilitating access to assets and stablecoins across multiple blockchain protocols. The partnership aims to support institutional adoption of tokenized securities by enabling…

News-driven traders can set targeted strategies with CME’s Bitcoin Friday futures (BFF) contracts. The weekly expiry limits basis and caps rollover costs, facilitating improved profitability. Chicago Mercantile Exchange’s (CME) bitcoin (BTC) futures that expire on Friday are ideally suited for news traders looking to bet on key U.S. economic data releases, CF Benchmarks’ CEO Sui Chung said, explaining the performance of the recently launched contracts. The CME debuted cash-settled Friday futures, sized at one-50th of one BTC with lower margin requirements, on Sept. 30 to make the futures product accessible to retail investors. The so-called BFF contract settles every Friday…