Author: NBTC

Mysterious Shiba Inu lead developer, Shytoshi Kusama, addresses the community’s misconceptions regarding the role of token burn in SHIB’s success. Kusama issued the statement in response to Shiba Inu enthusiasts who emphasized that burns are crucial to driving SHIB’s demand. Community Reacts as 1 Cent Dream Burns 250M SHIB For context, the exchange started after the 1 Cent Dream’s official X handle announced its second Shiba Inu burn campaign, featuring the incineration of 250 million SHIB. 250M $SHIB burned 🔥Thank you everyone, who participated and supported us!Unfortunately @shibburn didn’t posted that burn on #X ,but here is transaction hash 0x9e9345d407f808621993d771791883013518c650288ecf9e688aa81b8d698f7cBorn…

Japan’s FSA plans to improve internal audits to match global standards and fix weaknesses in financial oversight. Unregistered crypto exchanges are under scrutiny as the FSA highlights risks from platforms operating without approval. Japan focuses on protecting customers by addressing security risks while supporting its growing digital asset market. The Japan Financial Services Authority (FSA) has announced plans to strengthen internal audit processes for financial institutions. This move includes crypto exchanges, aiming to enhance regulatory compliance and address industry shortcomings. Japan cracks down on unregistered crypto exchangeshttps://t.co/fZFnpS7WBs pic.twitter.com/rIbYt28aS2 — ALTS for the WIN 😎 (@PatrykReynolds) December 28, 2024 The FSA…

HeLa Labs has proudly announced its partnership with Digitalabs. It is an exciting move towards revolutionizing AI and cloud services. This collaboration reflects the commitment of HeLa Labs to transforming technology while creating groundbreaking solutions for evolving industries. We’re excited to announce our newest collaboration with @Digitalabs_AI!Digitalabs is a next-generation decentralized cloud service and AI training platform that provides on-demand, scalable computing power through a globally distributed network of GPU/CPU clusters. We look… pic.twitter.com/0bQzp8jGVP — HeLa Space 🍀 (@HeLa_Labs) December 27, 2024 HeLa Space, an innovative tech solutions provider, has announced its alliance via its official X account. The other…

Traders betting on Bitcoin’s surge to the $100,000 mark have been liquidated on the market prediction platform Polymarket. Bitcoin (BTC) rallied to an all-time high of $99,655 on Nov. 22, increasing the chances of breaking the $100,000 barrier to 91%, according to a poll on Polymarket. However, the flagship cryptocurrency soon started to face correction and even touched a local low of $90,800 on Nov. 27. The asset closed November close to the $98,000 mark. Consequently, one trader, known as TomApproves on Polymarket, placed a $114,000 bet on Bitcoin reaching $100,000 in November. Another anonymous gambler lost almost $56,000 on…

Ethereum has experienced a sharp 15% decline over the past week, leading to significant investor losses. The drop has increased selling pressure as holders appear more inclined to secure profits rather than hold through the volatility. This trend could exacerbate Ethereum’s downward trajectory if it continues. Ethereum Losses Mount The recent price drop has caused the ETH supply loss to surge by 7 million ETH within just a week, from 2.7 million ETH to 9.7 million ETH. This supply is currently valued at over $23 billion, highlighting the scale of the losses. Such a significant rise in unrealized losses marks…

Crypto funding changed direction in Q4, with much larger rounds adding to the final balance of the year. Previously, a slowdown was seen among early-stage investments. December’s VC funding reached the highest levels for Q4, extending the trend from October to November. VC funding expansion coincided with ‘Uptober’ and the most dramatic market recovery for the year. December’s funding crossed the $3B mark, driven by late-stage and OTC or undisclosed rounds. The month showed extreme growth compared to December 2023, where rounds were capped at $1B. Investments expanded by 72% from the previous month, as large-scale private deals were closed…

Shytoshi Kusama, the lead developer of Shiba Inu, has reacted to a recent tweet from Elon Musk that subtly references SHIB, contributing to the token’s rise to a nine-month high. This weekend, billionaire Elon Musk sparked new optimism in the meme coin market by making several references to meme-inspired tokens such as Shiba Inu, Dogecoin, and BABYDOGE. It all started with a post in which Musk shared an image of him carrying a boy on his shoulder, captioning it “DOGE” and “DOGE Junior.” In a follow-up post, Musk shared the image again, this time labeling himself as the “Dogefather” and…

In 2025, the Ethereum (ETH) L2s ecosystem might finally solve all issues of cross-network interoperability and siloed liquidity. As explained by Ethereum (ETH) enthusiast who goes by @FigoETH, ERC-7683 “Cross Chain Intents” will be a game-changer. ERC-7683 makes Ethereum borderless, introduces Intents and Fillers The introduction of ERC-7683, the newest cross-chain standard for the Ethereum (ETH) ecosystem, is set to make L2s user experience 10x better. This, in turn, will make Ethereum’s L2s more attractive for new generations of developers, @FigoETH says on X. 2025 will be the year Ethereums L2s will become unified and interoperable beyond Superchain and other…

BTC’s strong November rally set the stage for potential December gains with an institutional buying frenzy. Post-election Decembers often see Bitcoin gains of 30% to 46%, boosting investor confidence. Bitcoin entered into the price discovery phase as Traders eye Bitcoin to exceed $150K Bitcoin has had an exciting month in November 2024, soaring by 37.3% as Donald Trump won a decisive victory over Kamala Harris in the US presidential election. Meanwhile, past data hints at even bigger gains ahead, with December rallies reaching up to 46%. With BTC now near $96,600, could it skyrocket to $150,000 before year-end? Where Bitcoin…

Ethereum shows bearish signals below $3,500 as the Adam & Eve pattern fails. Can Ethereum hold its support levels at $3,392 or $3,244? As Bitcoin fluctuates under the $100,000 mark, Ethereum shows signs of weakness in its bullish trend. Will the biggest altcoin in the market face an extended pullback heading into 2025? ETH price Analysis As our previous Ethereum Price Analysis mentioned, the reversal from the 100-day EMA challenged the $3,500 resistance level. The short-term rounding-bottom reversal, forming the Adam and Eve pattern, has now entered a consolidation range. The neckline of this bullish pattern coincided with the $3,500…