Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
This becomes even more important as Bitcoin’s latest Fear & Greed reading adds another layer to the setup. As the chart below shows, $BTC closed the last session with the index at 73, reclaiming this level for the first time since the 1st of October. However, the index has since eased to 71. While it is still in the Greed zone, the pullback could be an early sign of sentiment starting to cool. Source: Alternative.me Taken together, the growing profit stack and the volatile Fear & Greed Index suggest that Bitcoin’s bullish setup is starting to look shaky. With whales…
Pump fun has made a notable impact on Solana’s market by selling 102,495 $SOL for $12.41 million. This sale is part of a larger trend, as Pump fun has now offloaded a total of 5,347,925 $SOL, valued at about $861.47 million. As traders analyze this move, the implications for market dynamics and sentiment will become clearer. For more details, see Lookonchain’s tweet here. What Happened The recent sale of 102,495 $SOL by Pump fun has captured the attention of traders, raising concerns about market stability. This transaction is just one of many, with Pump fun having sold over 5 million…
The approval is not yet a final authorization. DK must satisfy the conditions set out in the IPA before receiving a Financial Services Permission and establishing its regulated operations in ADGM. Once approved, the Abu Dhabi operation is intended to serve as an international base connecting Gelephu Mindfulness City, or GMC, and Bhutan more broadly with global capital, investors and financial institutions. “We are building institutional-grade financial infrastructure that connects marketsacross Asia and the Middle East, supported by strong regulation and robusttechnology. ADGM will be an important part of that network and of DK’s nextphase of international growth,” said Zheng…
Price Action Breakdown As of now, zkSync’s current price remains at $0, with no trading volume reported in the last 24 hours. This lack of activity reflects the cautious sentiment pervading the broader crypto market, which has been characterized by fluctuating momentum across major assets. Investors are likely awaiting the outcomes of events like the Chicago forum to gauge future directions for digital assets. zkSync is a layer-2 scaling solution designed to enhance Ethereum’s capabilities, focusing on providing fast and cost-effective transactions. The Digital Chamber, which organizes the Chicago Signal Forum, is an influential entity advocating for the adoption of…
This was the biggest one-day net withdrawal since the 1st of March, suggesting that a significant amount of Bitcoin is moving away from centralized exchanges and into private wallets, or custody solutions. At the same time, the amount of Bitcoin held on exchanges declined to roughly 6.50% of the total $BTC supply, indicating that a relatively smaller portion of the available Bitcoin is immediately accessible for trading. Market conditions paint a concerning picture This comes as Bitcoin was trading $83,654.15 at press time after dropping from around the $85,000 level. The chart below further indicates that $BTC has seen repeated…
Instead of modifying the base Dogecoin Core protocol, Metallicus engineers built an independent parallel layer on top of the Metal Blockchain infrastructure. “It does not create a new coin or change Dogecoin Core itself,” Hayner emphasized, noting that DogecoinVM’s architecture fully preserves the original UTXO model. “Your existing Dogecoin wallets/keys work the same way,” he added, confirming native compatibility with existing “D”-format addresses and users’ private keys. As a result, users will not need to change wallets to use the solution. Plans for fintech and X: Where Metallicus wants to take Dogecoin The technological leap is explained by the shift…
Myriad: How low will Bitcoin go? Click to make your prediction. So what happened, and what comes next? Start with the culprit, because it isn’t just a crypto story. Stocks slip, oil climbs and bond yields spike Wall Street is backing off record highs, with the S&P 500 down 0.59% to 7,772.60 and the Nasdaq off 0.71% in morning trading. The reason is oil. Brent crude is back above $101 a barrel, the 10-year Treasury yield is near 5.34%, and the 30-year hit 5.70%, its highest since 2002. Even gold, the classic safe haven, dropped 1.53% to $4,123.10. Oil is…
On October 7, CoinDesk reported Abstract’s planned December 15 closure after Igloo said it had lost tens of millions of dollars funding the chain. More than 325 million transactions and millions of wallet interactions had not translated into a durable network business, according to the company’s account reported there. Those are operator claims, not audited revenue and cost statements. The two chains had different products, but both expose the gap between visible activity and a funded long term operation. Where does a rollup earn money? Many layer 2 operators run a sequencer that orders transactions and collects gas fees from…
Yan argued that Hyperliquid’s growing revenue is a byproduct of creating more global access to blockchain-based wealth creation opportunities through the decentralized exchange. Hyperliquid co-founder and CEO Jeff Yan, speaking at Token2049 Singapore. Source: Cointelegraph Hyperliquid’s mission is financial openness, not ‘optimizing’ for revenue: CEO Hyperliquid’s main mission is creating more access to wealth creation opportunities and fostering more participation in the financial system, while revenue is only a byproduct, explained Yan, adding: “We’re not really optimizing for revenue. That’s a byproduct of providing value to users.” He said that Hyperliquid’s success is partly due to its perpetual futures contracts…
The session was a 30-minute fireside chat on the OKX Main Stage, moderated by Balaji Srinivasan, founder of The Network State, according to the conference agenda. It was not livestreamed. The account of it below comes from attendees posting from the room. How Stock Should Work Coplan said Polymarket is “exploring an on-chain asset tied to Polymarket’s economics that also has real programmatic utility,” which he called “how the idea of stock should work,” according to Car, a Polymarket trader posting from the session. He said Polymarket would like to be the first to do it right, and repeated that…