Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
The wait is nearly over for PAWS fans as the long-awaited airdrop is finally happening. After months of delays, the snapshot to decide token allocations is set for today, December 30, 2024. Investors are eager to see how many PAWS tokens they will receive and what surprises might be in store when the token finally lists on the market. What Could PAWS Be Worth? The team behind PAWS hasn’t shared the official price for the token yet. This has led to many guesses in the market. Based on trends from similar dog-themed tokens, like DOGS, some analysts estimate PAWS could…
Having served as the first chief of the SEC’s crypto unit from 2017 to 2019, I’m often asked what kind of crypto enforcement we should expect to see from the new administration. My first answer is that I do not know. My second answer is that I believe it will be different, but it will not disappear. To anticipate the future of crypto enforcement, we should begin by reviewing the past. The beginning The SEC’s crypto enforcement unit was formed in 2017 during the first Trump Administration. The early focus was on one, fraud, and two, core capital raising events.…
Daily confirmed Bitcoin payments fell to a yearly low on December 26, a pattern typical of the holiday season’s market illiquidity. Blockchain.com data revealed that confirmed Bitcoin transactions sank to 623,434, the lowest point in 2024. Confirmed BTC payments are transactions successfully added to the blockchain, making them immutable. The metric is often used to gauge activity and reflect on investor engagement levels within the Bitcoin network. The December 26 figures mark a stark contrast to December 17, when Bitcoin’s all-time high price of $108,000 prompted over 857,000 confirmed payments, 37% more than the recent low. Bitcoin chart patterns and…
In a bold move to bridge traditional theater with Web3 innovation, Helm Capital Group has announced the launch of Kowalski Coin, a new token designed to democratize Broadway investment through their proprietary Benefit Block (BB) model. The token will be tied to “Kowalski,” an upcoming Broadway-bound production starring Brandon Flynn and Robin Lord Taylor, scheduled to premiere at the Duke Theater on 42nd Street in January 2025. A New Funding Paradigm The project aims to address a critical gap in arts funding as traditional patronage models face sustainability challenges. Through the BB model, Helm Capital Group is introducing a blockchain-based…
In recent weeks, much has been said about the wealth erased from various cryptocurrencies’ valuation. For example, in the seven days leading up to December 24 – and despite the rally on the day – Bitcoin’s (BTC) valuation collapsed by nearly $200 billion. Still, for all the frustration emerging from the apparent cancellation of the ‘Santa Claus’ rally, 2024 remains an exceptionally strong year across the board, with the many coins and tokens being overwhelming winners in the last 12 months. Bitcoin up more than $1 trillion in 2024 Bitcoin itself, despite erasing approximately $200 billion in the last ten…
Data shared by the public blockchain tracking platform Whale Alert has revealed that just recently anonymous transactions that carried hundreds of millions of DOGE have been detected. Some crypto enthusiasts in the comments believe that a massive cryptocurrency dump is taking place. These transactions have coincided with a big Dogecoin price drop as the meme coin printed a long red candle on an hourly chart. 🚨 🚨 🚨 🚨 🚨 🚨 466,890,148 #DOGE (149,137,073 USD) transferred from unknown wallet to unknown wallethttps://t.co/j5ByZXTJ60 — Whale Alert (@whale_alert) December 30, 2024 816 million Dogecoin on the move Whale Alert became aware of…
The possibility of Bitcoin reaching the coveted $1 million milestone hinges primarily on one crucial factor – the establishment of a U.S. government strategic Bitcoin reserve1. This assessment comes from Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, who estimates the probability of such an initiative at less than 10% for 202512. When Will Bitcoin Hit $1 Million? Park Has the Answer According to Park’s latest prediction, there is a possibility that Bitcoin’s price will hit $1 million in 2025. However, the chances are only around 10%. Why this specific probability? He assigns the same likelihood to the…
In a comeback story for the ages, Solana surged from the depths of crypto’s winter in 2022 into the limelight this year, becoming one of the most utilized blockchains for crypto enthusiasts and retail novices alike. “Chewing glass is in our DNA, and we’ll get through together.” Solana co-founder Anatoly Yakovenko posted on Twitter (aka X) during the winter of 2022. Fast forward two years, amid expanding risk appetites and meme coin mania, Solana in 2024 has witnessed explosive user growth. The blockchain is poised to shake old narratives about its frequent outages and technical inferiorities, with impending technological unlocks…
Bitcoin has found itself in a challenging position, struggling to reclaim the coveted $100,000 mark after a rapid shift in market sentiment. Just weeks ago, optimism dominated the landscape, with prices surging toward new heights. However, the narrative has taken a sharp turn, as fear now grips the market following a sudden correction. Currently trading below $100K, Bitcoin’s price action reflects increased uncertainty among investors. Top analyst Axel Adler recently shared his insights on X, emphasizing the significance of the $90,000 level as a robust support zone. According to Adler, this zone extends to a lower range of $79,000, offering…
SOL could surge as Solana absorbs $400 million stablecoins in a week, Ethereum loses millions
Solana (SOL) continues in an impressive growth, attracting significant capital and users’ interest as 2024 ends and 2025 approaches. This week, for example, the Solana ecosystem had nearly half-a-billion dollar in stablecoins’ inflow, while the Ethereum ecosystem lost millions. In particular, Solana had a $424.87 million inflow of Tether’s USDT and Circle’s USDC in the last seven days. According to data from Lookonchain, this was the largest stablecoins inflow in all blockchains, with Coinbase’s Base in second. This marks a huge milestone for Solana that could boost its ecosystem and SOL’s price to new highs. Essentially, stablecoins inflow usually mean…