Author: NBTC

The Bitcoin market is likely to attract a significant $2.28 trillion in the next few years. Bitcoin price could soar to the $96,500 level in the coming days. If BTC fails to hold $92,000, it could decline to the $84,500 level. Currently, Bitcoin, along with major cryptocurrencies, is undergoing a significant price correction following notable upside momentum in recent days. Amid this development, OKG Research has made a bold prediction for Bitcoin (BTC), providing full validation for their analysis. Bitcoin to Attract $2.28 Million In a recent report, the research firm noted that, as of now, only 0.01% of listed…

The popular meme-inspired cryptocurrency Shiba Inu (SHIB) is riding the wave of the bull market. Not only is SHIB seeing gains on its price chart with its quotes up 17% this month, it is also only five days into December, but it has already reached an all-time high for Shibarium. For those who do not know, there is a full-fledged layer-2 blockchain built for Shiba Inu by a team of independent developers, and it recently hit a milestone of $10.47 million in total locked value. Shibarium’s momentum has been building steadily, with a particular acceleration born on Nov. 4, when…

Stuart Aldeorty, chief legal officer at Ripple, has outlined some key principles that he believes the SEC has to follow in 2025. The company’s top legal mind has stressed that the SEC has jurisdiction only over security transactions. According to Alderoty, the SEC cannot police simple asset sales. “Selling a gold bar with a contractual right, title, or interest in my gold mine? Likely a security transaction. Selling that same gold bar without post-sale rights or obligations? Just an asset sale—the SEC can’t police it,” he said. Aldeorty has also criticized the theory that a cryptocurrency token can potentially evolve…

Michael Saylor, renowned Bitcoin supporter, founder and executive chairman of MicroStrategy business software firm, has taken to his X account to publish a new tweet about the recent Bitcoin yields earned by his company thanks to buying and holding BTC long-term. Saylor tweeted that thanks to the recent surge of the world’s largest cryptocurrency, the holders of MSTR are in for some crazy profits in daily terms. $544 million in Bitcoin profits each day for the week Michael Saylor tweeted that last week, MicroStrategy’s treasury operations with Bitcoin delivered 12.3% of Bitcoin yield. This provided approximately 40,738 BTC to the…

Sandbox’s SAND has broken out of a multi-year lull amid the protocol’s ecosystem developments and renewed interest from whales. Sandbox (SAND) rose over 40% to hit a 28-month high of $1.06 on Thursday, Dec. 5, bringing its market cap to over $2.27 billion at press time. The recent gains pushed the altcoin up 57% over the past week. The figures become even more striking when viewed over an extended timeframe: SAND has surged by 173.6% in the past two weeks and 303% over the last month. Notably, the rally coincided with a jump in the altcoin’s daily trading volume and…

Privacy is not a crime. Yet when it comes to the crypto industry, projects and coins that enable users to tread lightly on-chain are facing higher levels of scrutiny than ever before. In 2024, government-led efforts to combat the use of coin-mixing services continued apace as developers behind Bitcoin Fog, Tornado Cash, and Samouri Wallet all faced challenges in court. Meanwhile, so-called privacy coins faced hurdles as some exchanges stopped supporting them. With Bitcoin’s pioneers drawing inspiration from the Cypherpunk movement, privacy and crypto have been intertwined since the industry’s beginnings as a means of internet-based resistance. But that link,…

Bitcoin price bounced back on Wednesday, ending a two-day retreat that pushed it near the $90,000 level. Bitcoin’s (BTC) rebound happened after a major court victory by Tornado Cash, a crypto mixer. In a ruling, a three-judge bench said that it was wrong to sanction its smart contract. Coinbase, the biggest crypto exchange in the US was part of the companies that supported the company. Privacy wins. Today the Fifth Circuit held that @USTreasury’s sanctions against Tornado Cash smart contracts are unlawful. This is a historic win for crypto and all who cares about defending liberty. @coinbase is proud to…

Solana Liquid Staking Tokens (LSTs) have experienced a surge in market capitalization, reaching $8 billion in 2024. This marks substantial growth in the sector over the past two years. Despite Solana’s 60% staking ratio, only 6% of staked tokens are from liquid staking solutions. This leaves significant capital unused for decentralized finance (DeFi) applications. Dominant players in the space, such as JitoSOL, mSOL, and jupSOL, have fueled this expansion. JitoSOL alone holds 41.5% of the market share. BREAKING: The Total Market Cap of @Solana Liquid Staking Tokens (LSTs) surges to $8 billion.Top LSTs by market share:•⁠ ⁠$JitoSOL: 41.5% •⁠ ⁠$mSOL:…

The IRS will allow crypto holders on centralized exchanges to bypass strict tax regulations in 2025, preserving flexibility in reporting and tracking digital asset sales. IRS Announces Temporary Relief for Some Crypto Holders The Internal Revenue Service (IRS) has issued a temporary relief measure, which is expected to benefit cryptocurrency holders using centralized finance (cefi) exchanges next year. Shehan Chandrasekera, Head of Tax Strategy at Cointracker, explained the update on social media platform X Tuesday, stating: “The IRS just issued a temporary relief notice that is good news for crypto holders interacting with cefi exchanges in 2025!” This relief addresses…

According to a recent research report published by OKG Research on Tuesday, crypto markets felt the reverse of the Trump trades, which began during the presidential election period. The report outlined the significant drop in BTC prices from an all-time high of over $99,000 to around $93,000. OKG Research noted that the drop, which was 6%, was one of the greatest declines the coin faced during the bull market. The report further highlighted the possibility of recent geopolitical news suggesting a ceasefire between Lebanon and Israel to have caused the decline. Other commodities, including gold and crude oil, also plunged…