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.
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…
Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18. The launch illustrates new applications of Runes, fungible BTC tokens traditionally known for slow transaction speeds, high fees, and sniping. As part of the initiative, Bitflow prioritizes security with audits from Coinfabrik and Clarity Alliance and offers a $100,000 Immunefi bounty program to promote community engagement. https://twitter.com/Bitflow_Finance/status/1855028595242287432 More speed and security in Bitcoin DeFi Activated at Bitcoin Block #867,867, the recent…
The price of Ethereum (ETH) has risen to the psychological price threshold of $4,000 for the second time. Ethereum price long-term analysis: bullish The largest altcoin peaked at $4,094 before retreating. For the second time, buyers have failed to sustain their bullish momentum above the current high. The retracement has ended and the altcoin is testing the resistance level again. Bitcoin, on the other hand, has crossed the psychological price threshold of $100,000, as Coinidol.com reported. If buyers are successful, Ether will break out above the $4,094 mark and rise to a high of $4,500. In the meantime, Ether price…
HashKey Platform Token hits a new record high as trading volume surges across major exchanges. The HashKey Platform Token (HSK) surpassed its previous all-time high of $1.5989 which was achieved yesterday, to continue its bullish momentum and record a new all-time high of $1.72, at the time of writing, Dec. 17, 2024. Source: Coinmarketcap From its all-time low of $0.7167 on Nov. 26, 2024, this milestone represents a substantial rise or a gain of almost 140%. The 24-hour trading volume of around $9.5 million coincides with the recent spike in HSK’s value, suggesting increased investor interest and market activity. You…
Bitcoin Setting Up for Potential Pre-Christmas Explosion, According to Trader That Called 2021 Market Collapse
A closely followed crypto analyst says that Bitcoin (BTC) is setting up for a potential price explosion before Christmas amid a favorable technical setup. The pseudonymous trader known as Dave the Wave tells his 147,000 followers on the social media platform X that BTC is in an ascending channel with an upward target of about $112,000 that could be hit around December 25th. “A pre-Xmas day BTC rally.” Source: Dave the Wave/X Zooming out on the weekly chart, Dave the Wave suggests that BTC is also trading within a longer-term ascending channel similar to the 2021 bull market. The trader’s…
On Monday, December 16, Ethereum (ETH) price climbed above $4,000 again, with historical data suggesting that the return could be the beginning of a prolonged bull market. This development comes as several analysts opine that ETH could follow in Bitcoin’s (BTC) steps after the latter reached another all-time high. But will these bullish predictions hold? This on-chain analysis looks at key historical data of Ethereum that have influenced its price action. Ethereum Investors Are Back in “Belief” Mode According to Glassnode, Ethereum’s return to $4,000 has improved the sentiment of Long-Term Holders (LTH) toward the cryptocurrency. In getting the current…
Recently, Michael Saylor’s software firm, Microstrategy, achieved a listing on the Nasdaq-100 Index. This inclusion has triggered a lot of speculations in the Bitcoin ecosystem with firms like MARA Holdings congratulating the company. Analysts have noted that MicroStrategy’s decision to purchase bitcoin to protect the value of its reserve assets has enhanced the appeal of its stock, which also aligns with Bitcoin’s performance. Bernstein analysts expect that the market will likely set its sights on S&P 500 inclusion for MicroStrategy in 2025 following the Nasdaq-100 inclusion. Further, the brokerage also sees the company’s prospects continuing to improve next year, and…
Although there have been many speculations and hints about crypto executives meeting with Donald Trump to discuss the upcoming regulations under his administration in the States, Crypto.com’s CEO said he was the first to meet with the president-elect. Almost immediately after posting a picture on X, the price of the native token skyrocketed by double-digits to a ten-day peak. Honored to have a seat at the table. pic.twitter.com/KvK0XyEdYZ — Kris | Crypto.com (@kris) December 17, 2024 In a statement to CryptoPotato, Crypto.com’s chief exec added: “We welcomed the opportunity to meet with President Donald Trump. We look forward to working…