Author: NBTC

Bitcoin has achieved an unprecedented milestone, surpassing the $100,000 mark for the first time in its history. Data from CryptoSlate showed that the top digital asset peaked at $103,465.81 on Dec. 5, showcasing its most remarkable performance since its inception. This surge propelled Bitcoin’s market capitalization beyond $2 trillion, marking a pivotal moment in its journey. Further, the total crypto market cap soared to a record $3.6 trillion, underlining the sector’s explosive growth. How the crypto community reacted The $100,000 milestone ignited widespread celebrations within the crypto community, with many viewing it as a defining moment that cements Bitcoin’s role…

The cryptocurrency market retained its bearish sentiment during Friday’s U.S. market session as Bitcoin price extended correction below $100k and Ethereum price fell below $3,500. As onchain data shows ETH whales exiting their position, the coin price could delay an immediate recovery. According to Coinmarketcap, the ETH price trades at $3,380 with an intraday loss of 0.91%. Consecutively, the asset’s market cap fell to $407 Billion, while the 24-hour trading volume is at $123.5 Billion. Key Highlights: A substantial transfer of borrowed ETH to the Binance exchange hints crypto whales are opening a short position in Ether. The Ethereum price…

First Digital Labs has recently announced a landmark development with the release of its $FDUSD token on the Sui Network, through Binance. This integration with Binance underscores First Digital Labs’ commitment to advancing cross-chain accessibility, efficiency, liquidity, and accessibility for the stablecoin consumers to further evolve DeFi. The platform disclosed this endeavor on its official X account. 📢 $FDUSD on Sui is now live on @binance!Following our seamless integration with the @SuiNetwork, deposits and withdrawals for native FDUSD on Sui are now enabled on Binance, unlocking new cross-chain accessibility and liquidity. 🚀What this means:⚡️ Seamlessly send &… pic.twitter.com/iVUYJCJXrZ — First…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

The Philippines has taken a bold step in integrating blockchain technology into its transportation industry. Digital currency exchange Coins.ph, global ride-hailing platform inDrive, and decentralized mapping network Hivemapper have joined forces to unveil the country’s first blockchain-powered fleet. Officially launched on December 5, this initiative aims to empower Filipino drivers with additional income opportunities while contributing to a decentralized mapping network. “We want to empower Filipinos to earn through the opportunities that crypto and Web3 provide,” said Wei Zhou, CEO of Coins.ph. “With this partnership, we’re transforming how physical infrastructure is built and monetized. This exemplifies the power of blockchain…

This is a segment from the Empire newsletter. To read full editions, subscribe. A dream is a wish your heart makes… unless that dream is bitcoin topping $100k, which happened late in the night for some of us. With $100k breached, bitcoin is the “seventh most valuable asset in the world by market cap, just behind the likes of Google and Amazon,” GSR’s Brian Rudick pointed out. Since November, we’ve seen bitcoin nearly double to hit $100k. And this climb hasn’t been without its challenges. “Most investors are underestimating the price potential from continued global flows into bitcoin, whether from…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Ethereum All-Core Devs (ACD) held their final call of 2024 yesterday, which offered key updates on plans to raise the gas limit and progress toward the Pectra upgrade. Discussions revealed the community’s ongoing efforts to balance execution-layer changes, consensus-layer coordination and EIP implementation, reflecting Ethereum’s commitment to “build-in-public” iterative improvement. In a bold but measured move, Ethereum developers are preparing for a gas limit increase, mirroring a 20% rise seen over three years ago. This time, the proposed increase aims for 36 million gas, though significant technical…

Blockchain Capital, a well-known venture capital platform, has recently gained significant attention by depositing $AAVE tokens to FalconX. As per Spot On Chain, a popular on-chain analytics firm, after halting $AAVE activity for two years, Blockchain Capital has deposited $16,964 tokens to FalconX. The analytics provider disclosed this development on social media. Blockchain Capital (@blockchaincap) deposited the first 16,964 $AAVE ($5.06M) to #FalconX 4 hours ago, after 2 years of inactivity with the token.As an early investor, the VC acquired 233,256 $AAVE between Aug 2020 and March 2023 from various sources, including OTC sales,… pic.twitter.com/BEPlnfvKy7 — Spot On Chain (@spotonchain)…

SoonChain has announced a new collaboration with PettAI, a virtual pet game that is setting new standards for AI-based games on Layer 2 (L2). This collaboration was officially announced through SoonChain X account this is a great milestone for both platforms. New collaboration with PettAI 🥳@pett_ai, a virtual pet game setting new standards for AI based games on L2. How it can benefit SoonChain⚡️ This integration can boost community engagement by offering fun, AI-driven games, an initiative already popular among SoonChain users.… pic.twitter.com/TdsaGpxnAn — SoonChain❤️AIGG (@soonchain_ai) December 18, 2024 PettAI Partnership Enhances SoonChain’s Global Presence and User Engagement It is…

While Bitcoin’s surpassing the critical level of $100,000 for the first time is on the agenda of the cryptocurrency market, important names of the crypto world also commented on this historical moment. First, while former Binance CEO CZ re-shared his post about Bitcoin reaching $100,000 in 2021, Coinbase CEO Brian Armstrong also referred to 2012. Brian Armstrong drew attention to the speed at which Bitcoin has risen and emphasized the investment opportunity that Bitcoin has offered since 2012. Coinbase CEO, who also suggested strategic Bitcoin reserves to governments, pointed out that the $100 investment made in Bitcoin in 2012, the…