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.
Bitcoin prices hit $97,765 in early trading in Asia on Thursday, Nov. 21, according to Tradingview on Bitstamp. The cryptocurrency has now gained a whopping 40% since Donald Trump’s presidential election victory earlier this month, adding more than $28,000 to its price. To put this into perspective, one BTC traded for around $28,000 in October 2023, just over a year ago. Moreover, BTC is now around 2% away from hitting the milestone six-figure price of $100,000. Where we’re heading, $100K candles are the new $10K candles. — K A L E O (@CryptoKaleo) November 21, 2024 Experts and Analysts React…
GraFun, a well-known platform driving the memecoin ecosystem development, has joined forces with FlokiFi, a prominent DeFi product suite. In this partnership, FlokiFi is supporting GraFun’s Alpha Launch to boost trust and security for memecoin projects. The platform revealed this development on its official social media account. ♨️FlokiFi Joins Forces with GraFun’s Alpha Launch! ♨️🔥 We’re turning up the heat with @FlokiFi, as the powerhouse behind the ultimate locking mechanism, is integral part of the new GraFun’s mechanic — Alpha Launch! 💥🛠️Imagine seamless liquidity security, rock-solid trust… pic.twitter.com/7TB50Thjb3 — GraFun Labs (@GraFunLabs) January 16, 2025 GraFun’s Alpha Launch Leverages FlokiFi…
A charity NFT project launched Friday from notable artists in the Web3 world, letting minters purchase digital art while supporting families affected by the Los Angeles wildfires, with all proceeds going to a local nonprofit providing emergency supplies to those in need. The “I Heart LA” collection, curated by Web3 fashion startup mmERCH, features digital artwork from seven prominent artists: CryptoPunks creator Larva Labs, Grant Yun, CrypToadz creator Gremplin, Nice Aunties, Chikai, ClownVamp, and Goyong. Anyone who mints one of the Ethereum NFTs will randomly receive one of the seven new works. The pieces will be available for purchase from…
Ethereum’s price has been gradually declining after the rejection from the $4,000 resistance level. Yet, things might finally change soon as the asset bounced off the $3,000 support. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been making lower highs and lows over the past few weeks after getting rejected from the $4,000 resistance zone. The $3,500 level has also been lost, as the market has corrected all the way back to $3,000 and the 200-day moving average, located around the same price mark. Yet, this level has supported the largest altcoin,…
DOGS, the popular Telegram meme coin, has paired up with Best Friends Animal Society to elevate funding for animal shelters and inspire the crypto community to support animal welfare causes. In a joint press release, DOGS (DOGS) promised to play an active role in supporting the Utah-based non-profit’s No-Kill by 2025 Pledge, which aims to reach a minimum 90% save rate for animals entering shelters. Over the next year, the TON-based meme coin will provide funding for animal shelters so that they can reach the no-kill rate by 2025, ensuring the safety of animals across America. In 2023, U.S. shelters…
Cardano’s Charles Hoskinson praises Bo Hines Trump’s appointee to the presidential council on digital assets
Ethereum co-founder and Cardano’s founder Charles Hoskinson has praised Trump’s new appointee, Bo Hines, despite concerns raised by the crypto community on his experience in the crypto arena. Trump appointed 29-year-old Hines to lead as executive director of the White House Crypto Council on 22nd December. Bo Hines, an unknown name in the crypto industry, landed a high-profile appointment from President-elect Donald Trump. DJT announced on 22nd December last year that he had appointed the 29-year-old politician and former college football player to lead a White House “crypto council.” The appointment sparked a wave of discussions among the crypto community…
According to the forecasts of Standard Chartered Bank, Bitcoin could reach $100,000 by the end of 2024. This projection represents an ambitious milestone for the cryptocurrency market, but it is supported by a series of economic and technological factors that seem to favor sustained growth of the leading digital asset. The current price of Bitcoin and Standard Chartered’s forecast for 2024 Bitcoin towards $820 billion market cap? Conclusion: a historical opportunity? The current price of Bitcoin and Standard Chartered’s forecast for 2024 At the moment, the price of Bitcoin stands at 97,069.52 USD, approaching levels never seen before. This value…
Coinbase has introduced Bitcoin-backed loans, allowing users to borrow USDC stablecoin without selling their Bitcoin holdings. The service, powered by the open-source lending protocol Morpho and built on the Base blockchain, is available to US customers except for those in New York State. Coinbase Users to Borrow USDC with Bitcoin Collateral The US-based crypto exchange shared the news in a post on X (Twitter). Coinbase said that the loan facility may support more collateral assets in the future. “Bitcoin-backed loans are here. Borrow USDC against Bitcoin, without selling it. Rolling out to US users (ex. NY) starting now. More collateral…
David Lynch, the American filmmaker beloved for his dark, surreal, and decidedly original body of work, passed away this week at the age of 78. An avid experimenter and experimentalist, Lynch was always open to the new—even when it came to blockchain technology. In 2021, back when NFTs were new and strange to most people, Lynch worked with the indie rock band Interpol to create a series of eight audiovisual collectibles on the Ethereum blockchain. A decade prior, in 2011 Lynch had—at Interpol’s request—created a series of visuals for the band’s performance at Coachella. Those visuals became the five-minute animated…
A prominent crypto whale has got the attention of the community with a significant move of deposit. As per Lookonchain, the crypto whale has again deposited $67.6M in the Ethereum ($ETH) into Kraken following redeeming $350.5M from Coinbase and Kraken. This event has raised significant speculation among crypto enthusiasts. Nonetheless, the actual intent of the whale behind this move remains uncertain. Overall, the $ETH deposit by the whale indicates a noteworthy development to take place in the coming time. A giant whale deposited 20K $ETH($67.6M) into #Kraken again 45 minutes ago.This whale withdrew 217,513 $ETH($350.5M) from #Kraken and #Coinbase between…