Author: NBTC

Bitcoin is currently trading above the historic and crucial $100k level and is up by more than one percent in the last 24 hours. According to analyst Josh of Crypto World, Bitcoin is forming a new pattern in the short term that we should keep an eye on. Here’s a breakdown of his analysis: Bitcoin’s Bullish Market Overview The analyst said that Bitcoin is clearly still in a bull market. The weekly RSI is signaling a strong bullish trend, which has led to major bull runs in the past. The MACD is also showing bullish signs, similar to last year…

A strategic partnership between Usual, Ethena, and Securitize, the tokenization platformfor the BlackRock USD Institutional Digital Liquidity Fund(BUIDL), is reshaping DeFi by combining liquidity, yield, and composability. What’s Changing for Users? USDtb Collateral Integration: In the coming weeks, the combination of USDtb and BUIDL can be accepted as collateral for USD0, bridging TradFi-grade stability with DeFi innovation. It will provide Usual diversification of collateral and increase USD0 decentralization. Maximized Yield Opportunities: USD0++ holders can access a 1:1 incentivized vault in USUAL and sats for sUSDe, unlocking higher yields through delta-neutral strategies and fully subsidized rewards. These vaults will be isolated…

Ethereum price started a decent increase above the $3,950 zone. ETH is consolidating gains and might aim for a move above the $4,150 resistance zone. Ethereum started a decent increase above $3,950 and $4,000. The price is trading below $3,980 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,940 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $4,080 and $4,120 resistance levels. Ethereum Price Regains Momentum Ethereum price remained stable and extended gains above $3,880 but it underperformed…

Kontos Protocol announces tokenomics revealed with an emphasis on investor engagement and ecosystem. The much-anticipated tokenomics for Kontos Protocol’s native token, KOS, have been revealed. 139.4 million tokens, or 13.937% of the total supply of 1 billion KOS, are released at the Token Generation Event (TGE). 🚀 Kontos Tokenomics Unveiled! 💥 We’re excited to share the official breakdown of Kontos Tokenomics! With 1 Billion $KOS Tokens, we’re building a future that’s focused on community, growth, and long-term success. 🌟 – Total Supply: 1,000,000,000 #KOS – TGE Release:… pic.twitter.com/thzkiOFLGM — Kontos Protocol (@Kontosio) December 17, 2024 A balanced and sustainable model…

Host of the podcast ‘Decent’, Matthew Blumberg, has filed a motion to dismiss a defamation lawsuit brought against him by Prometheum, Inc. and its affiliates. The controversy began when Blumberg made public comments about Prometheum’s operations in the crypto market, particularly regarding its SPBD license issued by the SEC, allegedly calling the firm “scammers.” Gensler’s pet crypto firm Prometheum sued crypto guy @matt_blumberg—who has <1000 followers—for calling them “scammers” Per anti-SLAPP motion, Prometheum directed legal threats at the guy’s mom & demanded he praise their “innovative” biz model: pic.twitter.com/4EGVrYECQu — Jeff Roberts (@jeffjohnroberts) December 16, 2024 Matthew Blumberg vs Prometheum…

NiceHash, a leading cryptocurrency mining platform, has announced it is moving its headquarters from the British Virgin Islands to Zug, Switzerland, based on information received by Finbold on Wednesday, December 18. The strategic relocation will align NiceHash’s operations with Switzerland’s solid regulatory framework and facilitate compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA) and the Travel Rule. According to the platform, the transition should conclude by mid-December and further reinforce NiceHash’s pro-compliance stance. MiCA, fully applicable from December 30, 2024, is to impose comprehensive regulations on crypto assets and service providers. On the other hand, the Travel Rule…

The U.S. unemployment rate rose marginally from 4.1% to 4.2% this month, sparking immediate reactions across financial markets. While the 0.1% increase may seem negligible, market participants closely watch employment data as a key indicator of economic health. The latest report has stirred mixed responses, with some viewing it as inconsequential and others analyzing its broader implications on market sentiment. The unemployment rate has gone up from 4.1% to 4.2%.As a first response, yields drop, and #Bitcoin & Gold bounce upwards.A bit of a nothing burger, as 0.1% difference doesn’t say anything, but it’s good to see the strength on…

Ankr, a leader in Bitcoin-secured infrastructure, has solidified its role within the Stacks ecosystem as a Signer, enhancing security as sBTC launches. With Ankr’s integration, Stacks aims to elevate Bitcoin’s programmability in the DeFi space, ensuring robust performance and trust-minimized interactions. Chandler Song, CEO of Ankr, stated, “We’re thrilled to support Stacks and sBTC to build Bitcoin’s future,” emphasizing their commitment to innovative Bitcoin protocols. Ankr joins the Stacks ecosystem as a Signer, enhancing Bitcoin’s security and programmability through the launch of sBTC, revolutionizing DeFi landscapes. Ankr’s Role as a Signer in the Stacks Ecosystem Ankr’s participation in the Stacks…

Ethereum is on the verge of reclaiming the $4,000 level as it inches closer to its all-time highs. The second-largest cryptocurrency by market cap has faced skepticism throughout this cycle, with some analysts predicting it would underperform compared to its previous bull runs. However, Ethereum has surprised doubters, steadily climbing in recent weeks despite market uncertainty. Key on-chain metrics from Glassnode reveal an important trend that could fuel further price gains: Ethereum whales have been accumulating aggressively since late November. This signals growing confidence among major holders, who are positioning themselves for potential upside. Historically, whale accumulation has often preceded…

Ripple appoints Raghuram Rajan and Kenneth Montgomery to guide RLUSD on compliance, trust, and stablecoin growth. RLUSD’s advisory board gains experts like Rajan and Montgomery, strengthening Ripple’s focus on reliability and regulation. Ripple’s RLUSD stablecoin aims to reshape payments with a trusted, scalable solution backed by top financial leaders. Raghuram Rajan, former Governor of the Reserve Bank of India, has joined Ripple’s RLUSD advisory board. Kenneth Montgomery, former First Vice President of the Federal Reserve Bank of Boston, has also been appointed. Breaking : Former Reserve Bank of India Governor Raghuram Rajan joins Ripple Advisory Board. — Crypto India (@CryptooIndia)…