Author: NBTC

Billy Markus, known on social media as Shibetoshi Nakamoto, who created the original meme cryptocurrency Dogecoin together with Jackson Palmer in 2013, has published a tweet, mentioning the mysterious Bitcoin creator Satoshi Nakamoto and the HBO documentary about him that came out recently. The documentary called “Money Electric: Bitcoin Mystery” was released more than a week ago and it sent shock waves through the cryptocurrency market after “revealing” the true identity of the Bitcoin creator. Although, many early Bitcoiners, including Markus and the cypherpunk Adam Back who was mentioned in the Bitcoin white paper, did not agree with the conclusion…

The recent upside momentum in Ethereum (ETH) has gained significant attention from crypto enthusiasts. Amid this rally, today, November 28, 2024, Ethereum co-founder Jeffrey Wilcke was found dumping a significant amount of ETH on a cryptocurrency exchange. Ethereum Co-Founder Dumps $72.5 Million of ETH According to blockchain intelligence firm Arkham, Wilcke dumped 20,000 ETH worth $72.50 million to Kraken. This significant transaction was spotted just before the opening bell of the US market. Despite this substantial sell-off, the co-founder still holds a massive 106,000 ETH worth $384 million, as reported by Arkham. Source: X (Previously Twitter) Whales and Traders’ Recent…

Grayscale Investments LLC, a U.S. digital asset management firm, announced that it had re-opened private subscriptions at NAV for accredited investors only. The digital asset manager confirmed that accredited investors will be required to have an annual income above $200K. The asset management firm defined qualified investors in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended. The firm’s periodic reopening of private subscriptions is part of its ongoing strategy to cater to the varying interests and investment strategies of its ‘elite’ clients. Grayscale offers more tokens for qualified investors to capitalize on market trends Our…

Nova Labs, the company behind the Helium Mobile cell network, undertook a significant round of layoffs at the end of August, three people with knowledge of the matter told Blockworks. Nova Labs Chief Operating Officer Frank Mong confirmed to Blockworks that 36% of the company was let go. One person familiar with the situation cast the layoffs as right-sizing the company to focus on Nova Labs’ core cellular business. A former employee estimated Nova Labs had around 105 employees at the time of the layoffs. Read more: Inside Helium’s vision for the future “We experienced tremendous growth in our mobile…

Robinhood now supports RENDER, enabling Euro trading for the Render Network’s GPU-sharing ecosystem. RENDER, a key player in decentralized GPU networks, gains exposure with Robinhood’s latest crypto additions. Robinhood’s expanded portfolio, including RENDER, highlights its push to attract crypto and creative tech enthusiasts. Robinhood Crypto has introduced RENDER trading to the European market. Traders can trade RENDER against Euros, enabling them to invest in Render Token directly. This announcement marks a step forward for the platform in serving a wider audience by supporting more currencies. You can trade $RENDER with Euros on Robinhood Crypto!Find our full list of supported crypto…

Analyst Aksel Kibar predicts a potential multi-month Bitcoin uptrend if key resistance levels break, citing historical breakout patterns. Bitcoin has experienced a volatile week, moving from a sharp decline to a significant recovery. After dipping below $59,000 last Thursday, the crypto rebounded to reach a multi-month high of $68,000. This surge was followed by a brief drop, stabilizing around $67,000. Amid the ongoing movements, some analysts now anticipate further gains while others warn of possible downturns. Key Price Movements and Historical Patterns Chartered Market Technician Aksel Kibar highlighted key moments in Bitcoin’s price history, identifying critical levels that could influence…

Ethereum price staged a strong breakout on Nov. 27 as Bitcoin and most altcoins bounced back after days in the red. Ethereum (ETH), the second-biggest cryptocurrency, jumped to $3,690, its highest level since June 10. It has soared by 70% from its lowest level this month, and one popular analyst expects its to get to $10,000 in this bull run. In an X post, Ali Martinex, a popular crypto analyst with almost 100,000 X followers, estimated that the coin will get to $6,000 in this cycle. His long-term view is that ETH price will ultimately jump to $10,000. If his…

The highly anticipated listing of X Empire (X) has officially launched, marking a significant milestone for cryptocurrency community. With a market cap nearing $100 million, X Empire’s X token has quickly become a favorite among traders, evidence by its position as the hottest trading pair against USDT. The listing has happened! Thank you to everyone who took part in this massive movement. We’re truly happy that millions of people were able to join in the airdrop. We got what we got. Nearly $100M market capX/USDT – the hottest trading pair$350M trading volume$X – the… — X Empire (@xempiregame) October 25,…

Russian crypto holdings on centralized exchanges still worth billions despite volatility, Bank of Russia reveals. Russian crypto holdings on centralized exchanges still amount billions despite nearly a 16% decline comparing to March’s figures, per the Bank of Russia’s latest report. According to the central bank’s data, Russians held $6.8 billion in crypto on centralized exchanges, marking a 15.8% decline from March. Despite this drop, Bitcoin (BTC) remains the dominant asset, making up 69% of total holdings, followed by Ethereum (ETH) at 21% and stablecoins at 10%. The decline in exchange balances coincides with lower market activity, the central bank says,…

With inflows into Bitcoin spot exchange-traded funds having continued for the fourth consecutive day, experts say that the rising Bitcoin dominance—along with record-high open interest and shrinking exchange reserves as indicators—could signal a potential bull run. Speaking to Decrypt, experts have highlighted that Bitcoin’s market dominance has surged to 58%, its highest level since April 2021, and underscores its growing strength. One big factor in the surge has been growing institutional interest. Bitcoin spot ETFs saw $458.5 million in net inflows on October 16, marking four consecutive days of positive flows. BlackRock’s (IBIT) ETF accounted for $393 million of the…