Author: NBTC

Popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transactions and old wallets reemerging on the blockchain, has published the details of an ancient wallet that was last used almost 14 years ago – when mysterious Bitcoin creator Satoshi Nakamoto was still an active participant of the BitcoinTalk forum. The Bitcoin contents of the awakened wallet are now worth millions if U.S. dollars after a parabolic increase over all these past years. 394,933% profit gained by ancient Bitcoin whale The wallet contained 150 Bitcoins that had been dormant for 13.3 years, according to Whale Alert. While back in 2011,…

Ripple recently released its Q3 2024 XRP Markets Report, discussing the performance of XRP and metrics affecting its price, volatility, and trading volumes. The report, based on data from top sources like Bloomberg, CCData, and Refinitiv Eikon, reveals a detailed look at the XRP market amid a quarter of major price movements and a rise in Bitcoin dominance. XRP Trading Volume and Market Activity According to Ripple, XRP’s average daily volume (ADV) on top exchanges ranged between $600 million and $700 million, confirming a growth in market interest despite prevalent price struggles. The ADV chart confirms that XRP’s trading volume…

Shaquille O’Neal, the legendary basketball player, faces a significant legal setback with the proposed $11 million settlement over NFT securities claims. This lawsuit highlights the evolving regulatory landscape surrounding NFTs, raising pressing questions about their classification as securities. As noted by a legal expert, “The implications of this case could set a critical precedent for how NFTs are viewed under U.S. securities law.” This article analyzes Shaquille O’Neal’s settlement in the NFT securities lawsuit and the broader implications for the crypto industry. Understanding the Legal Context of NFTs The recent developments surrounding Shaquille O’Neal and his NFT venture, Astrals, have…

P2P trading has been a part of the crypto industry since its inception with Bitcoin, but when it comes to other commodities such as energy, the concept of peer-to-peer trading is relatively new. Powerledger is DePIN project that makes software for utilities to help them innovate and make new products for their customers. By unlocking the potential for peer-to-peer trading of energy, Powerledger aims to create a more sustainable and efficient energy system. —In this interview, Dr Jemma Green shares her insights on the challenges and opportunities in the energy industry, as well as how Powerledger is revolutionizing the way…

Bitcoin price today: $67,000 Bitcoin bounces off the $66,000 level, with a possible recovery on the cards. Glassnode weekly report highlights an increasing presence of institutional investors in the digital asset space. BTC Futures Open Interest recorded a new ATH of $32.9 billion, indicating an influx of capital. Bitcoin (BTC) bounced back to trade slightly above $67,000 on Thursday after three consecutive days of decline since Monday. Reports indicate a growing presence of institutional investors in the digital asset space, as evidenced by the new all-time high in Futures Open Interest, which suggests optimism for Bitcoin’s price outlook. Bitcoin short-term…

Today, Chainlink announced its latest ‘RoadToSmartCon’ event, highlighted by more than 40 new project partnerships. This ecosystem-centric event involved stakeholders in the blockchain space while capturing the growing importance of Chainlink’s technology across the DeFi, Web3, and Financial services industries. This month, 40+ teams announced Chainlink integrations on the #RoadToSmartCon.At the main event, 22 key ecosystem projects launched major products that are set to shape the future of our industry.Check the comments to learn about the projects that were part of the journey ↓ pic.twitter.com/VLuUzNf8UG — Chainlink (@chainlink) November 1, 2024 Major Product Launches from Key Projects in RoadToSmartCon The…

South Korea’s parliament has decided to postpone its decision on crypto asset taxation with key issues like tax scope and exemptions. In the meeting held on Nov 19, the committee cited the need to prioritize other agenda items. The controversial move sparked debate between the ruling party and the opposition. The National Assembly Strategy and Finance Committee held a tax subcommittee meeting on November 19 on virtual asset taxation. However, the committee opted to delay addressing the taxation policy. Amid growing pressure to finalize a crypto tax policy, the ruling party has sought to delay implementation, a move opposed by…

Imagine the blockchain network as a giant library where everyone can borrow and return books, and no one has the power to tamper with them. In that library, cryptocurrencies are used as the currency to pay for these books, while keepers of this entire ‘library record’ process are called crypto or blockchain nodes. Table of Contents What are blockchain nodes? How do nodes work? Types of blockchain nodes Blockchain nodes across different networks How to set up a blockchain node? Future of blockchain nodes In this article, we’ll learn what are crypto nodes, how they work, the types of nodes…

All eyes were on the US jobless claims on Thursday to see if there are any signs of weakness starting to creep into the job market. While this lagging indicator is not the best at timing, it often gives some perspective and has the potential to move the crypto markets, with a special focus on Bitcoin (BTC). Bitcoin Price Shows Strength On Weak US Jobs Data Bitcoin is up by a modest 2%, holding well above the $67,500 threshold in the immediate aftermath of the US initial jobless claims. BeInCrypto data shows BTC is trading for $67,688 as of this…

November has arrived, and Ripple has shocked the market, preparing what could be its largest monthly dump in seven years. The company, XRP Ledger (XRP)’s core developer and largest holder, reserved 470 million XRP to sell, worth $240 million. Every month since 2017, Ripple unlocks 1 billion XRP and reserves part of it – usually 200 million XRP – to sell. In November, Ripple unlocked the 1 billion but for the first time in years, reserved above two times the usual amount. This month’s escrows finished within Ripple (24) and Ripple (25) accounts, unlocking 500 million XRP each, as usual.…