Author: NBTC

Electric car company Tesla moved all of its Bitcoin last week in a flurry of transactions. But Elon Musk’s firm likely shifted the coins to other wallets it controls, according to blockchain intelligence firm Arkham Intelligence. Arkham posted the movements on Tuesday to Twitter (aka X), as it tracks the crypto movements of the car-making giant as it is one of the biggest publicly-traded companies to have invested in the leading cryptocurrency. According to Arkham, the Bitcoin had not been moved for two years prior to October 15. The coins were put into seven new wallets believed to be controlled…

In the ever-volatile cryptocurrency market, today’s trading session showcased a remarkable upturn, with several projects posting significant gains. As highlighted by the Phoenix Group’s latest update, the standout performer was Troy AI, which surged by an impressive 70.2%, signaling robust investor confidence and market dynamics. DAILY GAINERS$TROY +70.2% $TARA +40.3% $GFI +39.5% $MASK +34.6% $LINA +26.5% $GEL +24.6% $DEEP +20.9% $ZEUS +19.2% $PIXEL +18.8% $PAAL +17.7%#dailygainers pic.twitter.com/QDjpn8c4Ec — PHOENIX – Crypto News & Analytics (@pnxgrp) October 30, 2024 Troy AI, a project aimed at leveraging artificial intelligence for trading strategies, saw its value increase to $0.003 with a market cap…

Cryptocurrency journalist Eleanor Terrett has shared the latest buzz surrounding potential candidates for the next chair of the U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump. With the recent appointment of Scott Bessent as Treasury Secretary, attention has turned to other key financial regulatory roles, including the SEC, the Commodity Futures Trading Commission (CFTC), and the National Economic Council (NEC). Former SEC Commissioner Paul Atkins is currently seen as the frontrunner for the position, according to Terrett. Atkins, who served under President George W. Bush, has long been seen as an advocate for lighter regulations and could bring…

Aethir is integrating LayerZero to expand its capabilities as a Multichain AI and gaming ecosystem. This move aims to bring the omnichain dream closer to reality. Aethir’s native token, $ATH, will be available for the test phase on ZKSync. This was announced on Aethir’s official X account. ATH goes Omnichain with @LayerZero_Core 💎The Omnichain dream is becoming a reality, and the ATH token will be available for the test phase on ZKSync.Read more about it in our latest blog linked below 🧵👇 https://t.co/c6vEzJD37d — Aethir (@AethirCloud) November 20, 2024 Aethir Launches Multichain Ecosystem for AI and Gaming with LayerZero Integration…

After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000. The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time and significant liquidity to overcome. Key data from Binance reveals that more than half of futures traders have shorted BTC in the past few hours, creating a divisive environment for price action. The futures market often serves as a barometer for momentum and liquidity, signaling potential shifts in Bitcoin’s price movement. As BTC consolidates just below the $69,000 resistance, maintaining support above $66,000, the coming days will be pivotal. Investors…

Enigmatic lead developer of the Shiba Inu team, known to the community under the pseudonym Shytoshi Kusama, could not hold back from responding to a tweet which challenged his recent X post about SHIB surpassing Bitcoin in value growth. This time, Kusama responded to the founder of 1confirmation investment company and also a regular SHIB enthusiast who claimed that Shiba Inu is likely to remain just a “chump change meme.” Kusama responds to “disrespect” for SHIB The founder of the 1confirmation investment firm Nick Tomaino published a tweet in which he enumerated seven crypto projects from the very start of…

South Korea will impose a 20% tax on crypto gains exceeding 50 million won, starting January 2025. The revised tax plan excludes smaller investors and aligns crypto policies with stock market taxation guidelines. OECD’s 2027 data exchange initiative will support South Korea’s efforts to track and tax international crypto transactions. South Korea’s Democratic Party will begin crypto taxation in January 2025. Jin Sung-joon, the policy committee chairman, announced the government’s decision during an interview on MBC Radio’s Attention View. He confirmed that officials will not delay the tax implementation further to ensure legal stability and predictability. South Korea Confirms Crypto…

As blockchain technology reshapes global entertainment, strategic partnerships are pushing the boundaries of sports fan engagement. Sportsbet.io’s recent collaboration with LALIGA, Spain’s premier football league, exemplifies this shift. Designed to give fans real-time engagement options, this partnership leverages blockchain to provide seamless, interactive betting experiences, such as exclusive content and unique rewards for their global audience. Through targeted partnerships, Sportsbet.io is redefining the betting experience, pioneering new standards for crypto iGaming, and creating a brand that resonates deeply with modern audiences. Transforming Fan Engagement with Real-Time Interaction Through blockchain integration, Sportsbet.io enables fans to place bets on live events, complete…

A number of Bitcoin addresses that have “never had a Bitcoin outflow” are currently accumulating the flagship cryptocurrency at an unprecedented pace, to the point they are now holding 2.9 million BTC, worth around $194 billion at the time of writing. In a newly published report, CryptoQuant analyst Burak Kesmeci noted that the total amount of BTC in “Bitcoin accumulation addresses” was at around 1.5 million coins at the beginning of the year, and that the figure has now nearly doubled over the past 10 months. These addresses, the analyst added, continue to “accumulate patiently and boldly without selling off…

On October 30, 2024, the XRP Ledger (XRPL) marked a crucial achievement with the activation of Decentralized Identifiers (DIDs), enabling users to take control of their own digital identities. Contents hide 1 What Are Decentralized Identifiers (DIDs)? 2 How Do DIDs Enhance Identity Management? What Are Decentralized Identifiers (DIDs)? DIDs represent unique identifiers that empower individuals to manage their digital identities independently, without a central authority. This innovation adheres to the standards set by the World Wide Web Consortium (W3C), guaranteeing that DIDs are persistent and globally resolvable, compatible with various blockchain infrastructures. How Do DIDs Enhance Identity Management? DIDs…