Author: NBTC

For some time, former kickboxer and social media influencer Andrew Tate has been heavily promoting the meme coin Daddy Tate (DADDY). At various points in recent months, the campaign has been marked with noted success as the cryptocurrency achieved various milestones – such as hitting a market capitalization of $120 million in July – and experienced major rallies – such as the 30-day 100% surge by mid-October. However, the situation shifted rapidly for the worse on October 19 when the popular digital detective and Youtuber Stephen Findeisen, better known as Coffeezilla – famous for, for example, accusing Sam Bankman-Fried of…

HashKey’s Xiao Feng says Trump’s crypto-friendly policies could push China to re-enter the digital asset market. Trump appoints Elon Musk and Vivek Ramaswamy to lead a new tech-focused government department, signaling a pro-crypto stance. Recently, HashKey Group Chairman Xiao Feng created ripples in the digital asset sector by speculating that Trump administration measures endorsing cryptocurrency would inspire China to reactivate its digital asset market within two years. Feng pointed out that Western sanctions—particularly the isolation of Russia from the SWIFT payment system in 2022—may also force China toward quickening its stance on crypto Feng claims that the latest Trump initiatives…

Bitcoin (BTC) “Store of Value” narrative might be on borrowed time due to conflicts of interest in the proof-of-work ecosystem, constant selling pressure and the vulnerability of miners, prominent Ethereum (ETH) proponent Adriano Feria says. Meanwhile, ETH/BTC rates dropped to the lowest levels since early April 2021. Bitcoin (BTC) flawed by selling pressure and conflicts of interest: Opinion Ethereum (ETH) proved its censorship-resistance as OFAC failed to properly implement censorship measures on its transactions. Such statement was shared by DeFi researcher and long-term Ethereum (ETH) supporter Adriano Feria on his X. $ETH’s proof of stake is censorship resistant. This is…

Ethereum price started a downside correction below the $3,150 zone. ETH is now consolidating near $3,120 and might attempt a fresh increase. Ethereum started a short-term downside correction below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $3,040 zone. Ethereum Price Eyes Fresh Increase Ethereum price failed to start a fresh increase above the $3,250 zone and started a…

Flamingo Finance has shared new information regarding the upcoming release of FLOCKS, including FLUND migration details and exit fee removal. FLOCKS is an evolution of the FLUND concept as a single-sided staking option. FLOCKS seeks to improve on FLUND by incentivizing long-term holding over short-term trading. Holders will receive a share of fees derived by Flamingo in the form of dividends, and will gain vote weight after the team integrates governance capabilities. FLOCKS migration Existing FLUND holders are the only users that will be able to enter FLOCKS before the start of Epoch 1. This opportunity will be available for…

Elon Musk and Vivek Ramaswamy are teaming up with President-elect Donald Trump to build a project designed to dismantle the U.S. government’s notorious red tape and bloated budget. Trump is calling it the “Department of Government Efficiency”—DOGE for short. Yes, DOGE. Elon’s own homage to Dogecoin, the meme that became a crypto and then, somehow, a serious obsession for retail traders and Elon himself. It’s fitting, maybe even a bit absurd, but that’s the Elon way, isn’t it? This isn’t your typical government agency, it’s not even a real department. DOGE is structured as an advisory body and will supposedly…

Bitcoin’s price has seen an ongoing battle to close above the critical $70,000 mark, with recent attempts falling short. This inability to secure a solid close has led to a hit for long traders, who have experienced substantial liquidations. Despite this, overall market sentiment remains highly optimistic, as traders retain a bullish outlook on Bitcoin’s potential for further gains. Bitcoin Bulls Lose Over the last 24 hours, Bitcoin experienced long liquidations totaling $50 million, following a 2% price decline. These liquidations mark the largest losses for long traders in the past two weeks, reflecting the challenges of maintaining price support…

The metrics from the broader market regarding the recovery of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) show an interesting twist. Data from the crypto analytics platform IntoTheBlock shows a significant divergence in the whale activities from SHIB and DOGE. Shiba Inu whales showing DOGE The Way According to the data, SHIB whale transactions shot up by over 261% in 24 hours. For Dogecoin, this comes in at merely a 4.58% surge. For reference, the whale transactions in this context involve any active transfer worth at least $100,000. While DOGE’s $1.29 billion volume dwarfs Shiba Inu’s $39.6 million…

Polymarket is reportedly under investigation by the Department of Justice for allowing U.S. residents to trade on its platform, despite a regulatory settlement prohibiting such activity. Even though the prediction market blocks U.S. IP addresses, legal experts said that this alone may not be sufficient to comply with U.S. regulations, especially for companies with a history of regulatory issues like Polymarket. Aside from geofencing, the only real way to prevent people in restricted countries from accessing a site is by requiring identification, but this means law-abiding users must trust a platform with sensitive personal data, cybersecurity experts said. Polymarket’s current…

Cardano founder Charles Hoskinson believes the DeFi coming to the Bitcoin ecosystem through the latest partnership between EMURGO and BitcoinOS will “dwarf” those seen in Ethereum and Solana. A few days after Cardano and BitcoinOS collaborated to bring smart contract features to the Bitcoin network, Hoskinson is already making bold statements. In a tweet on October 25, the Cardano founder claimed that the decentralized finance ecosystem set to spill into the Bitcoin network will dwarf that of Ethereum and Solana. Hoskinson Teases DeFi on Bitcoin Network The Cardano co-founder tweeted that he intends to help drive the full incorporation of…