Author: NBTC

James Howells, whose girlfriend accidentally threw away 8,000 Bitcoin in Newport, would have had $800 million when Bitcoin reached $100,000 today. On Monday, Howells attended a Welsh court to plead his case and search the Newport landfill for the lost Bitcoin. A Lost Bitcoin Fortune Buarried in Welsh Landfill During the Cardiff civil court hearing on December 2, the council sought to have Howells’ case dismissed. The council’s legal team argued that any items disposed of at the landfill become council property. They dismissed Howells’ offer to share the recovered funds, labeling it an attempt to purchase something the council…

The Federal Reserve is scheduled to announce its interest rate decision during its meeting on Wednesday. Economists widely predict that the Fed will cut rates for the third time in a row, bringing the federal funds rate down to a target range of 4.25% to 4.5%. Another 25-basis-point rate cut would result in a total reduction of one full percentage point since September. The federal bank first reduced interest rates by 0.5 percentage points in September and then made another cut of 0.25 percentage points in November. According to the CME FedWatch Tool, there is now a 95.4% chance of…

USDT is being delisted from European exchanges by the end of the year. Hedera plans to launch HUSD, a MiCAR-compliant stablecoin. HUSD aims to meet the EU’s growing demand for regulatory-compliant stablecoins. This would provide a timely alternative as the EU enforces stricter cryptocurrency regulations. Can Hedera’s HUSD Fill the Gap Left by USDT’s EU Exit? As a response to EU tightening cryptocurrency rules, Hedera will launch HUSD, which is an MiCAR-compliant stablecoin. USDT’s delisting by European exchanges puts HUSD in a good position to pick up where USDT leaves off. As it can now provide a compliant stablecoin for…

Lawmakers, industry leaders, and blockchain innovators gathered this week to discuss the future of crypto policies and their impact on national security. The Blockchain Association hosted its third annual Policy Summit in Washington, D.C., on December 16-17, 2024. With key U.S. lawmakers, industry stakeholders, and representatives from the decentralized infrastructure sector in attendance, the event focused on aligning blockchain innovation with regulatory clarity and national security priorities, according to Denis Serikov, CEO of crypto PR firm ThronePR. Serikov attended the summit and shared his observations in a note to crypto.news. You might also like: Cardano price may crash soon, legendary…

MetaStreet, Beam, and Tactical Compute ($TACOM), an Aethir-based unique AI-focused means of investment, has made the 1st on-chain financing agreement for DePIN assets. With this deal, MetaStreet addresses the long-persistent challenge posed to the DePIN network members who often depend on expensive open investments to back their operations. As a part of this deal, $TACOM’s mobile chip agreement of $3.3M, which is rented onchain via Aethir, went through tokenization. This would serve as collateral on the Arbitrum-based DePIN Financing Pool of Meta. Metaversal has reportedly provided a debt capital of $415K, displaying how capital markets can unlock liquidity backing DePIN…

After crossing the much-awaited milestone of $100K and reaching an all-time high (ATH) of $103,551, Bitcoin has slipped back to $97K. This decline can be primarily attributed to significant selling pressure, but there’s more to it. A wise man once said, “after we hit $100k, it’s smooth sailing to $1.0M.” Global #Bitcoin FOMO begins now. Plan accordingly. pic.twitter.com/ZviNWEWFLy — Samson Mow (@Excellion) December 5, 2024 Bitcoin Market Trends On December 5, Bitcoin crossed the $100K milestone and achieved an ATH of $103K. However, at the time of writing, Bitcoin has slipped back to $97,272, marking a 1.32% dip in the…

The U.S. stock markets are in shambles, while Bitcoin is flying past $108,000, rewriting the rules of the financial game. The S&P 500 has now set a record for failure, dropping for 12 straight days—the longest losing streak in its entire history. The Dow Jones isn’t doing much better, limping into a nine-day losing streak after shedding another 0.61% on Tuesday. The Nasdaq Composite followed suit, slipping 0.32%. This chaos isn’t confined to Wall Street. Over in Europe, the Stoxx 600 index dropped 0.42%, dragged down by a 1.4% nosedive in banking stocks. Somehow, tech stocks managed to claw out…

Avalanche (AVAX) has ignited excitement with a major announcement that could significantly impact users and the broader cryptocurrency sector. In a post on X, the Avalanche Foundation outlined a timeline regarding its much-anticipated upgrade. Key features of Avalanche9000 According to the Avalanche Foundation, Avalanche9000 will launch by Monday, Dec. 16. The upgrade will improve the overall user experience in the Avalanche ecosystem. Avalanche9000 will improve the network’s transaction speed, lower fees and enhance scalability. Hence, users can expect to carry out more transactions once it goes live by Monday without experiencing performance degradation. Faster.Cheaper.More scalable.More interoperable.More customizable.Than ever…Avalanche9000 arrives Monday…

Hong Kong’s Financial Services and the Treasury have issued a reply to the region’s Legislative Council on the state of BTC and other digital assets amid rising global interests. The Legislative Council had previously sent a raft of questions to the financial regulator to ascertain Hong Kong’s strategy toward digital currencies in the face of impressive adoption rates and price spikes. The parliamentarians, led by Johnny Ng, sent four questions to the regulator to obtain a clear report on the government’s stance toward digital currencies. The first one sought to verify whether the government would improve the legal regime for…

Bitcoin’s (BTC) recent breach of the $100,000 price level has sparked discussions among analysts about market conditions and potential risks — while some metrics suggest caution, others indicate room for further gains, according to analysts. VanEck head of digital assets research Matthew Sigel observed that only a few indicators suggest a market peak, leaving room for potential price increases. Sigel pointed to a low MVRV Z-Score, subdued search interest for “Bitcoin,” relatively stable BTC market dominance, and a simple moving average multiplier still in a moderate range. He also acknowledged elevated funding rates but emphasized that these have persisted without…