Author: NBTC

So mempool.space recently added features to spot Runes and Ordinals transactions, and Bitcoin monetary maximalists totally lost it. As a Bitcoiner and observer of Bitcoin culture, this whole drama felt completely normal and predictable. Over time, an ideological split has emerged between Bitcoin monetary maximalists “, who see Bitcoin as only money and nothing else,” and those open to buildings things on Bitcoin, whether it be innovative or crypto-esq, like Ordinals, Runes and Tokens. With this split mindset now entrenched, the mempool.space backlash was inevitable. To clarify some FUD going around: The Mempool Open Source Project does not support “ord”…

Read More

Cardano’s Chang hard fork sets the stage for decentralized governance, aiming to host a nation-state by 2030. Charles Hoskinson envisions Cardano enabling national governance, supported by smart contracts and on-chain voting. Cardano’s upcoming node v10.0 and governance upgrades fuel its 2030 goal of supporting a nation-state. Charles Hoskinson, founder of Cardano, has expressed plans for blockchain in the letter addressing the community, attributing the possibility of a nation-state running on the Cardano blockchain by 2030. In a keynote address titled “After Voltaire: The Next Evolution of Cardano,” Hoskinson discussed how Cardano could become essential support in governance and decentralized systems.…

Read More

Ripple’s legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple’s battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief’s Vision for SEC’s Crypto Reset Ripple’s chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S. Securities and Exchange Commission (SEC) leadership. Alderoty expressed confidence in the transition team’s ability to address crypto regulation effectively, urging several actions. He wrote: I trust the transition team to make the right call with these table stakes for crypto in mind. The Ripple legal chief recommended ending non-fraud-related crypto…

Read More

On November 27, OKX, one of the top cryptocurrency exchanges and on-chain technology companies, announced the launch of its AI-powered trading feature, Smart Picks. In its announcement, it claimed the tool will reduce the complexity of crypto trading. While it called the feature “the first of its kind in the crypto market,” OKX says it will allow users to identify some of the top automated strategies available from its strategy categories. It also said traders can apply the strategies when trading BTC, ETH, and SOL. The exchange revealed that the tool will be available on the exchange’s Smart Trading platform…

Read More

Gold has gone up more than 2% in the past week, reaching a new all-time high fueled by global demand for safe-haven assets and anticipated interest rate cuts from major central banks, while Bitcoin continues to climb above $67,000. According to Trading Economics data, the price of gold has hiked up to $2,700 per ounce on Oct. 18, reaching a new record high. In the past week, gold has gone up by 2.08% and nearly 5% in the past month. This rise in gold is driven by growing demand for safe-haven assets and expected interest rate cuts by major central…

Read More

The Department of Government Efficiency (DOGE) token surged and reached its all-time high after the wildly successful Donald Trump rally at the Madison Square Garden. The token soared to a high of $0.05345, giving it a market cap of over $52 million. Trump Madison Square Garden rally The DOGE token surge happened after Donald Trump appeared with Elon Musk and other leading conservatives at the Madison Square Garden, the popular venue in the deep blue New York state. In it, Trump is working to flip a state that has not voted for a Republican president in decades and one that…

Read More

Cameron Winkelvoss, the Gemini co-founder and CEO, in a recent X post has called out for an inquiry into the drop of a controversial charge involving the defunct-FTX co-founder Sam Bankman Fried. It would be great if incoming Attorney General can look into why the campaign finance charges against SBF were dropped. Why was it not in the public’s interest to pursue charges related to the $100 million of stolen customer funds given to Democrats to influence elections? pic.twitter.com/xvd98jph8Y — Cameron Winklevoss (@cameron) November 23, 2024 “It would be great if incoming Attorney General can look into why the campaign…

Read More

Binance announced Wednesday it would list TikTok-inspired meme coin CHILLGUY and Morpho lending protocol’s MORPHO on its futures market. The listing came after CHILLGUY hit $600 in market cap within two weeks of launch. CoinGecko data shows that CHILLGUY’s value has risen around 7% over the past 24 hours, while extending its weekly gains to 80%. The token reached a new high of $0.65 in early trading today but has experienced a pullback, currently trading at approximately $0.53. Source: CoinGecko As of the latest market data, the token’s market cap sits at around $534 million, overtaking popular meme coins Turbo…

Read More

The Swiss Canton of Bern has passed a Bitcoin mining bill with a significant majority of 85 votes in favor. The parliament will now explore the impact of Bitcoin mining in the region. The legislation, proposed in March, aims to support renewable energy and utilize surplus energy for Bitcoin mining. Samuel Kullmann, a Bitcoin advocate and member of the Federal Democratic Union of Switzerland (EDU), announced in an X post on November 28 that the parliament had approved a measure to study Bitcoin mining. Despite opposition from the Government Council, the legislation passed with 85 votes in favor and 46…

Read More

While Bitcoin has managed to stay above $65,000 in recent days, expectations of a rise in the market have also increased. At this point, while new ATH predictions for BTC are coming, cryptocurrency company Matrixport stated that the $70,000 price target for Bitcoin by the end of the year may be too modest. Analysts said their February 2024 report predicting Bitcoin could reach $70,000 by the end of the year was too modest compared to current levels. Matrixport analysts noted that their $70,000 prediction was successful, but the $70,000 estimate may be too conservative, as the BTC price is likely…

Read More