Author: NBTC

Craig Wright, the controversial figure who claims to be Bitcoin’s creator, lashed out at Michael Saylor, co-founder of MicroStrategy, accusing him of distorting the true essence of Bitcoin. Wright’s condemnation comes on the heels of Saylor’s announcing that he wants to turn MicroStrategy into a merchant bank for Bitcoin (BTC). In a blistering critique, posted to X on Oct. 12, Wright said Bitcoin “has been distorted, manipulated, and centralized—now incapable of facilitating simple transactions without the intervention of intermediaries.” Wright directed his ire at Saylor specifically for “building a so-called ‘Bitcoin bank’ to serve as the very obstacle that Bitcoin…

The Federal Reserve will almost certainly slash interest rates at its December meeting. Friday’s jobs report sealed the deal, offering the Fed enough breathing room to act without looking reckless. Nonfarm payrolls rose by 227,000 in November, blowing past expectations, while unemployment inched up to 4.2%. Markets barely blinked, with CME Group now pricing in a 90% likelihood of a cut. But here’s the thing: this isn’t the good news it might seem. Critics are already piling on, accusing the Fed of setting the stage for risky speculation. Inflation is still alive and kicking, wages are climbing, and some say…

Gravity (GRVT), a prominent hybrid cryptocurrency exchange, has officially become the first decentralized exchange (DEX) to be approved by regulators. The platform has received the Class M Digital Asset Business License from the Bermuda Monetary Authority (BMA) under the Bermuda Digital Asset Business Act (DABA). The license enables GRVT to perform its services as a digital asset derivatives exchange provider under altered terms and complying with pre-operational standards. The Class M license establishes GRVT as the pioneer of DeFi regulation, offering an architectural approach to compliance for institutions. The platform intends to transition to a Full Class license, which will…

The following article is an op-ed by Tyler Adams, CEO & Co-Founder at COZ. For the last two years, crypto developers and venture capital have been hyper-focused on supporting infrastructure projects to the detriment of consumer-facing applications. If you look around this industry, you will see a plethora of tools for developers to integrate privacy features, decentralize information, and scale platforms, but a lack of applications where these tools can be used. We’re not beating the allegations that blockchain is a solution in search of a problem. It doesn’t have to be this way. Crypto and the underlying blockchain technology…

Bitcoin (BTC) search interest has dropped to bear market lows. According to data from Google Trends (GT), search interest for “Bitcoin” is down to 31 on October 12th compared to 76 out of 100 during the Bitcoin ETF approval week. This occurs as BTC recovers and manages to stage an impressive rally. It peaked at around $63,400 earlier today. Bitcoin’s search interest declines amid diminished retail enthusiasm Bitcoin search interest peaked at 100 at the beginning of March, and its price reached an all-time high in 2024, as values exceeded over $73,000. That particular price hike was connected to the…

The KIMA/USDT farming pool has been launched on PancakeSwap under the Arbitrum network, where users can stake their liquidity pairs and earn. The farming initiative on KIMA has achieved a major achievement, as it now features amongst the top 10 liquidity pools on the platform. This also shows how KIMA continues to establish more ground within the decentralized finance (DeFi) industry. 🌟 Exciting News for the Kima Community! 🌟Our KIMA/USDT Farm is now LIVE on @PancakeSwap, and we’re thrilled to announce that we’ve already hit a major milestone—ranking as one of the Top 10 Liquidity Pools on PancakeSwap @arbitrum! 🎉With…

The following is a guest article from Jesse Knutson, Head of Operations at Bitfinex Securities. Donald Trump’s re-election victory and the massive success of the Bitcoin ETFs earlier in the year have been major catalysts behind Bitcoin’s ascent towards $100,000. Gains over the last few weeks have been driven by the anticipation of Trump 2.0 making the US the ‘crypto capital of the world’ and a financial services industry getting its first real taste of ‘number go up’. While the full details are yet to emerge, the number of Bitcoiners in Trump’s inner circle – including D.O.G.E. head Elon Musk…

Goatseus Maximus (GOAT) plunged 50% in a single day due to suspicions that the X account ‘Terminal of Truths’ was under human control. Andy Ayrey, the developer of the “Terminal of Truths” account, addressed the growing skepticism. Does AI Operate the Terminal of Truths Account? In March 2024, Ayrey launched “The Infinite Backrooms,” a never-ending conversation between two artificial intelligence (AI) models named Claude-3-Opus. By June 2024, Ayrey had used the conversation’s content to develop a new AI interacting with users via X, known as the “Terminal of Truths.” The GOAT token is a meme coin on Solana. Although “Terminal…

Kraken has announced upcoming listings for several tokens on December 11 and 12. The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11. The following day, Kraken will facilitate the migration of DYDX (DYDX) to the native dYdX blockchain, allowing users to trade the token on its decentralized ecosystem. 📅 A sneak peek at next week’s listings: Dec 11 – 15:00 UTC$FWOG$GOAT$SPXDec 12 – 15:00 UTC$DYDX (migration to native dYdX chain)👀 Roadmap updates every week ⤵️https://t.co/hv1TlhIJJf *Geographic restrictions may apply pic.twitter.com/amALskVsrC — Kraken Pro (@krakenpro) December 6, 2024 Kraken and the U.S. crypto market This move…

With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from block rewards. As 2025 draws nearer, it’s worth exploring the leading application-specific integrated circuit (ASIC) bitcoin miners available today and anticipating the new releases slated for next year. Hashing Powerhouses Bitcoin mining has undergone a fascinating evolution since Satoshi Nakamoto launched the network nearly 16 years ago. Back then, miners relied on home computers powered by central processing units (CPUs) to secure blocks. By the time Satoshi stepped away in 2010, the game had shifted to graphics processing units (GPUs),…