Author: NBTC

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)…

It’s no surprise that DeFi and crypto mining have become increasingly popular in recent years. As the world shifts towards more digital and decentralized forms of currency, the demand for cryptocurrencies continues to rise. However, trading and investing in crypto can be intimidating for some people, leaving them searching for alternative ways to get involved. PowerAlto offers a unique solution – cloud mining through their mobile app.—Company Vision & MissionPowerAlto is carving a niche in the cloud crypto mining space by offering a partnership model that stands out from the competition. With a cutting-edge mining algorithm delivering higher profits than…

The Bitcoin price seems to be facing somewhat of a price failure since it crossed above the $100,000 price level. In the few hours after crossing above this psychological threshold, the Bitcoin price faced rejection and corrected until it reached $94,000. However, this correction does not necessarily signal a bleak outlook for the world’s largest cryptocurrency, especially as investor sentiment continues to hover in the extreme greed zone. According to technical analysis, the Bitcoin price is still open to climbing well above $100,000 by the end of December 2024. Record Bitcoin Liquidations Shake The Market Bitcoin’s broader market dynamics and…

InceptionLRT has joined forces with Amphor Protocol to revolutionize decentralized finance (DeFi). Together, they have launched the first modular aggregation layer for restaking. This strategic merger is unveiled today which leverages a robust multi-curation framework. The framework balances diversity, risk management, and economic security. It promises optimal restaking exposure for users. InceptionLRT is a modular aggregation layer for DeFi restaking. The other ally, Amphor Protocol, is a technical platform that enables multi-chain restaking. InceptionLRT Leads with Modular Aggregation for Restaking InceptionLRT will integrate Amphor’s technical expertise and specific ERC standards. By this integration, InceptionLRT aims to develop its groundbreaking Modular…

Ethereum ETFs’ sustained inflows indicate high bullish sentiment among institutional investors. Ethereum staking outflows suggest increased profit-taking among investors. ETH could rally to test its all-time high resistance of $4,868 after reaching a nine-month high. Ethereum (ETH) is up 2% on Monday, surging above a key symmetry triangle following sustained institutional interest via ETH exchange-traded funds (ETFs) investors. However, rising withdrawals across staking protocols could halt the bullish momentum. Ethereum bullish momentum fueled by ETF inflows amid rising staking outflows US spot Ethereum ETFs posted record net inflows of $818.8 million last week after extending its inflow streak to 15…

VeChain and LETSTOP join hands to extend sustainability to road users by rewarding safe driving with cryptos and vouchers. An analyst has predicted that VET could hit $1 as it imitates the 2019 price movement. VeChain (VET) announces the latest addition to its VeBetter ecosystem as it seeks to take sustainability to a different height. According to a post made on X, Artificial Intelligence (AI) powered driving safety application LETSTOP would collaborate with the blockchain platform to boost better driving habits to reduce wear and tear, lower fuel consumption, and reduce the risk of serious accidents. LETSTOP 🤝 VeChainWe are…

ASIC sued Binance Australia Derivatives for not protecting consumer information. Binance reportedly misclassified retail investors as wholesale clients. ASIC filed a lawsuit in the Federal Court complaining Binance is not focusing on its consumers protection. Based on the latest media release from its organization, more than 500 retail clients were misclassified and treated as wholesale clients. In the middle of a booming crypto market, Binance facing a lawsuit might affect its capability to capture large trading volumes. The latest media release from ASIC reported that more than 500 retail clients of Oztures Trading Pty Ltd, which is trading as Binance…

As of Dec. 7, 2024, at 3:25 p.m. EDT, bitcoin (BTC) is trading at $100,297 per coin, making it the seventh-largest asset globally by market capitalization, with a total valuation of $1.98 trillion. Before stepping into 2025, here’s an in-depth look at the top ten entities holding bitcoin and their stakes. $294 Billion in Bitcoin: Exploring the Key Players Shaping the Market Bitcoin etched its name in the history books this week, crossing the $100,000 mark for the first time and hitting a peak of $103,647 on Dec. 4. While it briefly dipped below six figures, by Saturday afternoon, just…