Author: NBTC

China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for a pro-crypto U.S. presidential candidate and a delay in Mt. Gox repayments have strengthened market sentiment. Bitcoin Surges Amid China’s Stimulus and US Presidential Speculation Bitcoin surged to its highest level in two weeks following mixed reactions to China’s latest stimulus efforts, fueling speculation that…

Prominent Ethereum NFT collection Pudgy Penguins has seen a more than 40% price pump this week, notching a new all-time high of more than $62,000 amid a crypto rally that pushed Bitcoin above $100,000 for the first time late Wednesday. The collection, which consists of 8,888 penguin NFT profile pictures (PFPs), previously held an all-time high floor price of just more than $57,000 that it set in February 2024, according to data from NFT Price Floor. The floor price of a collection refers to the lowest asset price listed for sale on a secondary marketplace. The swift flight higher for…

In today’s world of decentralized finance (DeFi) and crypto trading, few traders can claim the same success rate and accuracy as DfMxre4cKmvogbLrPigxmibVTTQDuzjdXojWzjCXXhzj. This professional trader who likes to trade in MEMEcoin has recently been on the news, and in the last 30 days, the trader’s ROI has been at 70.36% and has earned $815,499. Having crossed the 2,000 tokens traded and boasting an incredible win rate of 81.34%, DfMx…Xhzj is now a prominent player in the Solana blockchain ecosystem. This guy is a professional #MEMEcoin trader!He has made $815K by trading #MEMEcoins in the past 30 days!He traded over 2,000…

Pixels, the crypto farming and social game on Ethereum gaming network Ronin, is gearing up to kick off its latest Guild Wars competitive season, called Spore Sports, with $4 million worth of PIXEL tokens up for grabs. The three-month event, running from December 10, 2024 to March 4, 2025, will challenge players to join guilds and compete in gameplay centered around mushroom cultivation and strategic sabotage. “This season builds on the success of our inaugural Guild Wars, which resulted in more PIXEL being burned than distributed, and incorporates feedback to deliver an even more rewarding experience,” said Pixels founder and…

Bitcoin miners don’t solve complex math problems – they guess numbers. While “solving mathematical puzzles” has become a common description of bitcoin mining, the process more closely resembles a massive digital lottery where miners race to generate random numbers until they find one that fits specific criteria. Importantly, there’s no way to calculate the correct number directly – miners can only try different numbers until they find one that works, as reverse calculation is impossible by design. The key difference lies in computation versus calculation. A math problem like calculus requires step-by-step problem solving. Mining is like trying to flip…

Sky’s rebrand faces backlash; community prefers MakerDAO’s established identity. Founder Rune Christensen’s transactions raise concerns about Sky’s direction. Sky, formerly known as MakerDAO, is currently navigating significant changes and community feedback following its rebrand. Founded by Rune Christensen, Sky is grappling with user concerns regarding its new identity and governance structure. The protocol, previously famous for creating the decentralized stablecoin Dai, has introduced a new stablecoin, USDS, which has already surpassed a supply of 1 billion just two weeks after launch. This growth has brought an influx of $700 million into both USDS and Dai. Sky’s USDS has seen strong…

The biggest Wall Street Bitcoin miner by market cap, MARA Holdings, Inc. (NASDAQ: MARA), has successfully completed an $850 million offering of zero-coupon convertible senior notes. This marks one of the largest such offerings in the digital asset sector this year. The company secured approximately $835.1 million in net proceeds after initial purchasers’ discounts and commissions. MARA plans to allocate $48 million to repurchase existing convertible notes due 2026, with the substantial remainder targeted for Bitcoin acquisitions and general corporate purposes. The notes feature distinctive terms, including zero regular interest and no principal accretion. Holders can convert their notes into…

In a strategic move to enhance the security and integrity of its ecosystem, Layer-1 blockchain ZetaChain announced on X that it has permanently embedded 1.5 billion ZETA tokens into its own network. While these ZETA tokens remain transferable to Ethereum as ERC-20 tokens, the transferable amount is now capped at a maximum of 600 million tokens. Notably, the overall supply of ZETA remains stable at 2.1 billion tokens, and this action does not impact their core functionality. Introduction to ZetaChain and ZETA Tokens What is ZetaChain? ZetaChain is a Layer-1 blockchain designed to facilitate seamless interoperability across different blockchain networks.…

Publicly traded BIT Mining (BTCM) will continue its self-hosted mining operations for dogecoin (DOGE) and litecoin (LTC) after the endeavor reaped three times more profit than its bigger bitcoin (BTC) mining operations, per a release. BIT Mining said it had mined 84,485.42 LTC (worth $10 million at current prices) and 227,908,250 DOGE (worth a whopping $100 million) since it started its self-mining business. It reported having over 5,500 active mining machines, representing 1.32% of the global network hash rate in LTC, DOGE and the smaller Belcoin (BEL). Such gains on its DOGE operations came as the token’s prices have more…

Aptos price surged due to excitement around Rose’s collaboration with Bruno Mars on the new song “APT.” Aptos NFT ecosystem has rapidly expanded, with 3,900 collections and 2.3 million total NFT sales to date. The Aptos (APT) token price has jumped a movement mostly related to the enthusiasm around a new song release. Former Blackpink member Rose worked with Bruno Mars on a song titled “APT,” which has drawn interest from the Aptos blockchain community as well as fans. The surprising link between the entertainment sector and the crypto market has generated a lot of excitement that drives the token’s…