Author: NBTC

Imagine the vast, untapped potential of Bitcoin, the world’s most secure and valuable cryptocurrency, finally flowing freely into the dynamic world of decentralized finance (DeFi). For years, Bitcoin has largely remained an isolated giant, its immense liquidity locked away from the burgeoning DeFi ecosystem. Now, a groundbreaking development is set to change that narrative. Bitlayer, a prominent Bitcoin layer-2 network, has launched its innovative BitVM Bridge on the mainnet, promising to usher in a new era for Bitcoin DeFi. This is not just another bridge; it’s a trust-minimized pathway designed to unlock Bitcoin’s true potential within decentralized applications, ensuring security…

Bitcoin smashed its $120,000 target earlier this week, filling Ethereum holders with a familiar envy as BTC hit multiple new all-time high marks. But on Tuesday, the two largest cryptocurrencies by market value reversed paths, with ETH gaining and BTC sinking.  Ethereum was recently trading at $3,128, up 4% over the past 24 hours (and 20% on the week), while Bitcoin was changing hands 1.9% lower on the day—at one point dropping below $117,000 for the first time in five days, according to data provider CoinGecko. For ETH, the upturn continued recent momentum that carried the token to its highest…

Chainlink has been on a strong run too, gaining 3.79% over the last week and another 6% surge in the past 24 hours as it holds steady at $13.88. Trading activity for LINK has also picked up, with volume rising 67.6% in a single day to reach $479 million. With CCIP live on Solana, it opens up a whole new world of possibilities for both users and developers by offering secure and seamless cross-chain connections. It also means that DeFi communities and token projects built on EVM chains finally have a way to extend their reach into Solana. On May…

The ministers of the British government are sounding the alarm about cryptocurrency as a possible vehicle to launder foreign money, pay bribes, and finance political campaigns. They call it an existential threat to the country’s democracy. Cabinet Office Minister Pat McFadden said there is a strong case for making crypto donations illegal in the UK. He was responding to Labor MP Liam Byrne, who had asked if the government was reviewing a crypto ban in political funding, which was ordered during the Beitbridge inquiry into xenophobia. During Parliament’s summer recess, McFadden emphasized the need for the UK to update its…

With Bitcoin Pizza Day pushing BTC past $111,000, are we just getting started? How high is Bitcoin going to go from here in price discovery mode? Table of Contents Why is Bitcoin going up? Bitcoin pizza day brings tonnes of inflows Bitcoin technical analysis How high is Bitcoin going to go? Why is Bitcoin going up? Bitcoin (BTC) reached a new all-time high of $111,861 in early trading on May 22. The date also marks Bitcoin Pizza Day, which commemorates the first real-world purchase made with Bitcoin in 2010, when 10,000 BTC were spent on two pizzas. At today’s price,…

Orca, one of the leading decentralized exchanges (DEXs) in the Solana ecosystem, is preparing to launch a brand-new token Launchpad by the end of July or early August. This initiative brings a fresh approach to token distribution, specifically designed to give human users an edge over bots—a growing issue in public token sales. So what makes Orca’s Launchpad unique, and how does it aim to reshape the landscape of Solana-based token launches? A Fairer, Human-Centric Launchpad Experience Orca’s upcoming Launchpad is designed to create a more accessible and equitable token launch process. At the core of this platform is a…

Ethereum’s price action in the past seven days has seen it finally touch the $3,000 resistance zone for the first time in months. This interesting move comes amid growing institutional attention caused by the massive inflows into Spot Ethereum ETFs and Bitcoin’s recent climb to new all-time highs. Ethereum has gained over 17% in the past seven days alone, reaching a new local high of $3,065. Interestingly, bullish technical structures are starting to emerge that could send the ETH price soaring toward new all-time highs. Two analysts have now spotted classic bullish setups, both hinting at a significant rally on…

The Bank of Korea (BOK) Governor Lee Chang-yong has expressed concern about the issuance of won-denominated stablecoins by non-bank entities. He shared his concerns during a press conference after the BOK’s Monetary Policy Committee decided to maintain the base interest rate at 2.50%. BOK Governor is worried about future confusion The topic of stablecoins has taken center stage in various countries, and South Korea is no different. However, despite the idea’s popularity, the Bank of Korea has often urged caution on the matter. As such, it did not surprise many when the BOK’s governor expressed concern at a press conference…

Over the past week, the SHIB community has managed to achieve significant progress in removing SHIB meme coins from the supply that is circulating in the market – a ten-figure amount of SHIB has been burned. As for the daily burns, there has also been a significant rise, though it’s only in the four-digit percentage range. 1.3 billion SHIB gets burned within week According to data provided by the “Shibarium/BONE updates” (@Shibizens) affiliated with the Shiba Inu team, during the past seven days, the SHIB community has succeeded in burning a staggering chunk of meme coins comprising 1,338,380,740 SHIB. The…

Key Takeaways The Thai SEC and central bank has introduced a crypto sandbox to allow foreign tourists to convert digital assets into baht for local spending. Direct crypto payments are prohibited, and converted funds must be used via regulated e-money platforms across Thailand. Thailand’s Securities and Exchange Commission (SEC) and the Bank of Thailand plan to launch a crypto regulatory sandbox that enables foreign tourists to convert crypto assets into baht for local spending, expanding beyond an earlier Phuket-focused initiative, the Bangkok Post reported on Wednesday. Thailand’s new initiative, currently open for public hearing, would allow tourists to exchange crypto…