Author: NBTC

Bitcoin performance relative to Gold reaches an important juncture, according to a recent analysis from market veteran Peter Brandt. Notably, his latest analysis of the Bitcoin/Gold (BTCXAU) ratio reveals a notable test for Bitcoin at the 36 to 37.1 ounce (oz.) level. For context, this area is proving to be a significant resistance zone, following a sharp breakout from a falling channel. Brandt’s chart, which spans a weekly timeframe, captures the market condition with historical context. In late 2018, BTC formed a wedge pattern against Gold, with higher lows and resistance at 7 XAU. Bitcoin Against Gold | Peter Brandt…

Main Takeaways: Binance, the biggest crypto exchange in the world, recorded $21.6 billion in user fund deposits in 2024, 36% more than the combined total of the next 10 crypto exchanges, which amounts to USD 15.9 billion. The average Bitcoin deposit across exchanges rose from 0.36 BTC to 1.65 BTC, while USDT deposits surged from $19.6k to $230k. These larger deposits reflect growing interest from professional and corporate investors. Binance became the first crypto exchange to exceed $100 trillion in lifetime trading volumes, showcasing its market dominance. A Year of Exceptional Growth 2024 has been a landmark year for Binance…

Farcana, a UAE-based team shooter game, is making waves in the blockchain gaming industry with its recent integration with LayerZero. This marks a major step toward establishing itself as a multi-chain platform. The partnership leverages LayerZero’s cutting-edge Ultra Light Node (ULN) framework. The aim is to enhance Farcana’s ability to provide a more secure and seamless gaming environment and eliminate vulnerabilities that have historically plagued blockchain gaming platforms. Farcana Embraces Multi-Chain Innovation The transition to LayerZero brings notable advancements. These advancements include reduced dependency on intermediary chains, thereby lowering transaction fees. By integrating this innovative framework, Farcana is enhancing gamers’…

A veteran trader known for accurately calling the crypto market collapse of May 2021 says that a quick Bitcoin (BTC) rally to $150,000 in the near future is in the cards. Pseudonymous Dave the Wave tells his 147,000 followers on the social media platform X that a sudden 55% rally for BTC wouldn’t be anything out of the ordinary. Based on a chart shared with his followers, the trader appears to suggest that BTC has been trading within a large ascending broadening wedge, with an upper bound near $150,000 if tapped by April. “A BTC move to $150,000 this southern…

MANEKI has become the principal sponsor for Sheffield United, debuting on their jerseys during the 2024/25 season. The partnership marks a significant crypto sponsorship, following the FA’s ban on betting companies in English football. Sheffield United’s historic Bramall Lane stadium will serve as the stage for introducing MANEKI to thousands of football fans. Sheffield United and Maneki, the Solana-based meme coin, have partnered to become the shirt sponsors for the new season 2024/25. From October 18, when Sheffield United plays Leeds United, the special Maneki logo will feature on the Blades’ classic red and white color. We’re proud to announce…

Cryptocurrency exchange OKX has announced the listing of Goatseus Maximus (GOAT) on its spot trading platform. OKX Lists Goatseus Maximus (GOAT) for Spot Trading The highly anticipated memecoin, created by a semi-autonomous AI agent Twitter account known as Terminal of Truths, will soon be available for trading. Listing Calendar The timeline for the listing is as follows: Deposit Open: December 12, 2024, 09:00 Auction Call: December 12, 2024, 12:00 – 13:00 Spot Trading: GOAT/USDT trading begins at 13:00 on December 12, 2024 Withdrawals Open: December 12, 2024, 17:00 Spot Trading Rules OKX will apply the following restrictions during the first…

The financial services company Unlimit is collaborating with the Tron blockchain to facilitate mainstream access to crypto platforms by leveraging low gas fees. The integration with Justin Sun’s network will allow Unlimit users to access DeFi, GameFi, and NFT services without worrying about on-chain fees. We remind you that Tron boasts the presence of the largest circulating supply of USDT on its own chain, responsible for 90% of the network energy used. Let’s see all the details below. Unlimit announces strategic partnership with Tron to lower the cost of on-chain gas fees Future expansion plans Gas fees and network energy:…

Ethereum’s shift to proof-of-stake and the successful 2023 upgrade increased confidence among investors. Tether offers stability as a top stablecoin, and staking USDT can provide consistent rewards despite fluctuating market demand. Cardano and Avalanche present viable alternatives to Ethereum, with Cardano excelling in efficiency and Avalanche offering high transaction output. Investors continue to invest in staking cryptocurrencies more and more, and as a result, they are looking for stablecoins and blockchain networks for staking to earn passive income. Out of all those tokens, Ethereum (ETH), Tether (USDT), Cardano (ADA) and Avalanche (AVAX) remain particularly attractive in the eyes of stakers.…

In response to new regulatory measures in Turkey, the MEXC cryptocurrency exchange has faced considerable access restrictions. The Turkish government has been implementing stricter regulations on cryptocurrency exchanges, resulting in the removal of Turkish language support across numerous global platforms. Following a recent directive from the Capital Markets Board (SPK), certain exchanges are now blocked from operations within the country. Contents hide 1 What Led to MEXC’s Access Block? 2 How is MEXC Responding to the Situation? What Led to MEXC’s Access Block? On December 11, the SPK enforced a ban on the MEXC website. While some users are navigating…

Polygon has announced a strategic collaboration with Abu Dhabi Global Market (ADGM). This partnership aims to establish international token disclosure standards. Thereby, both partners aim to enhance security and foster confidence in the rapidly evolving Web3 ecosystem. Polygon is a prominent blockchain development company while ADGM is a leading international financial center. We’re joining forces with Abu Dhabi Global Market (@ADGlobalMarket) to create international token disclosure standards, promoting transparency, trust, and security in Web3. Together, we’re shaping the future of blockchain innovation and adoption: https://t.co/ZDuB9GGreS — Polygon (※,※) (@0xPolygon) December 10, 2024 Advancing Blockchain Innovation through Standardization This initiative builds…