Author: NBTC

SkyBridge Capital founder Anthony Scaramucci has shared a measured perspective on Bitcoin’s volatility amid recent price surges. Speaking to Yahoo Finance, Scaramucci stressed the importance of long-term investment horizons and institutional adoption of Bitcoin (BTC). He detailed both the risks and opportunities in the current crypto market environment. “Bitcoin is the type of asset, I always tell people, if you’re going to buy Bitcoin, you got to hold it for a four-year period of time,” Scaramucci stated. Scaramucci points out recent Bitcoin pullback During the conversation, Scaramucci pointed to the pullback from Bitcoin’s recent peak of about $103,900. Drawing from…

Vooi, a leading decentralized derivatives trading platform, has officially partnered with Overlay Protocol, an exotic DEX that enables the trading of almost any asset. This announcement marks a new chapter of opportunities for traders, where Overlay’s leading perpetual trading system will become a part of the Vooi growing system. greater variety of trading assets – all in one place 🌴excited to announce our partnership with @OverlayProtocol – an exotic perpetual DEX where users can trade literally everything:from blockchain metrics (like $BTC dominance) to AI, meme indexes and game skins – with more… pic.twitter.com/NozWzPuEXe — vooi (@vooi_io) December 16, 2024 The…

Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year. But does this mean the cryptocurrency can surpass its previous all-time high within this short period? This on-chain analysis reveals whether that is possible. Ethereum Loses Bullish Dominance in Two Major Zones Ethereum currently trades around $3,939, which means that the altcoin’s price has increased by 67.30% in 2024. One indicator that played a key role in ETH’s rally during the year is its Open Interest (OI). The OI refers to…

Avalanche, a layer-1 blockchain launched in 2020 that’s now the tenth-largest by total value locked (TVL), activated its highly anticipated Avalanche9000 upgrade Monday, marking the ecosystem’s biggest technical changes to date. The network has been prepping for these changes for months, with new features that will cut the costs for sending transactions, operating validators and building applications on the network. Leaders at Avalanche have previously told CoinDesk that part of the goal with the upgrade is to attract developers to Avalanche and encourage them to create customized blockchains using its technology, known as subnets, or “L1s”. The upgrade, also referred…

Dear President Elect Trump, As the co-head of a major law firm’s digital assets practice, I am hopeful that your nominee to chair the Securities Exchange Commission (SEC) will make much-needed (and long-overdue) reforms to the way the SEC approaches crypto market regulation in the United States. However, as you know, it will take some time for your nominee to be confirmed as SEC chair, and for him to formulate new SEC guidance and rules for the crypto industry. Bearing that in mind, I write respectfully to propose an Executive Order that you can issue—on Day One of your Presidency—to…

Osprey Funds, a leading crypto investment firm, has announced the launch of the Osprey BNB Chain Trust, the first public fund in the United States based on BNB, the native token of the BNB Chain ecosystem. BNB, the fifth-largest cryptocurrency by market cap (excluding stablecoins), forms the cornerstone of the BNB Chain, which enables decentralized applications, DeFi protocols, and smart contracts. However, BNB’s lack of listing on centralized U.S. exchanges limits access for American investors. The Osprey BNB Chain Trust now fills that gap, providing exposure to BNB and USD-denominated investments through traditional brokerage accounts and IRAs. Initially offered through…

BlackRock, the world’s largest asset manager, significantly increased its Bitcoin (BTC) holdings on Friday, December 6. This development came briefly after another asset manager, Grayscale, sold BTC worth $150 million. The bold acquisition signifies BlackRock’s growing confidence in the flagship cryptocurrency. With institutional players continually buying after Bitcoin’s $100,000 milestone, here is what could be next for the coin. Bitcoin Continues to Get BlackRock’s Backing Bitcoin’s price surged to $100,000 for the first time on Thursday, December 5. Arkham Intelligence reported that the milestone prompted Grayscale, a Bitcoin exchange-traded fund (ETF) issuer, to sell $150 million worth of BTC. In…

zkSwap Finance has successfully integrated its V3 AMM Concentrated Liquidity and StableSwap with 3Pool (USDC-USDC.e-USDT) on KyberSwap. This announcement was made through zkSwap Finance’s X account. It marks an important milestone for both platforms. Our V3 AMM (Concentrated Liquidity) and StableSwap with 3Pool (USDC-USDC.e-USDT) have been successfully integrated on KyberSwap 🌊Many thanks to the @KyberNetwork team for the great support! 🙏 https://t.co/iToordbjSt — zkSwap Finance (@zkSwap_finance) December 16, 2024 KyberSwap and zkSwap Partnership Improves Multichain Trading Experience KyberSwap is the leading product of Kyber Network and is a multichain DEX aggregator. They have it in 15 different chains and let…

The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,” the Stanford Blockchain Club took a hard look at how the Department of Justice (DOJ) wielded 18 U.S.C. § 1960 to charge Storm and Semenov back in 2023. The DOJ claims that Tornado Cash, a privacy-focused protocol running on the Ethereum blockchain, is essentially an…

RWA Inc., a leading player in decentralized RWA tokenization, has announced a thrilling collaboration with Fox Wallet. The partnership aims to enhance Web3 adoption with unparalleled access as well as secure asset management across a broad range of blockchain ecosystems. The platform disclosed this partnership in a recent X post. We’re excited to announce our partnership with @FoxWallet, a secure and versatile multi-chain Web3 wallet dedicated to becoming a central gateway and connector in the decentralized world.FoxWallet is a leading multi-chain Web3 wallet that prioritizes security by encrypting… pic.twitter.com/fvsCBhsBCM — RWA Inc. (@RWA_Inc_) December 17, 2024 RWA Inc. Collaborates with…