Author: NBTC

There were many crypto firsts in 2024: the first spot bitcoin ETF, the first spot ether ETF, the first time a pension fund invested in the asset class. But as the expression goes, they saved the best for last: In the waning days of the year, bitcoin (BTC) hit six digits for the first time. The cryptocurrency surged past the $100,000 mark early Thursday UTC time, mushrooming from zero value into a $2 trillion asset in a little over a decade and a half. It’s a milestone that was difficult to imagine not long ago. Just two years ago, the…

Nextmate.AI has announced a new partnership with Coin98 Super Wallet to enhance the AI and meme ecosystem. This news was shared via Nextmate AI’s official X account, formerly known as Twitter. The partnership will result in integrating AI solutions into the actively developing field of memes to provide new possibilities for users and developers. Nextmate AI Partners with Coin98 to Grow Digital Ecosystem Currently, Nextmate.AI has the aim to increase the number of partners in its ecosystem. This partnership with Coin98 is one such step in that direction. Coin98 is a free, decentralized, and safe crypto wallet that offers the…

In October, the Italian government, through the Ministry of Economy and Finance (MEF), had proposed to increase the taxation on crypto capital gains to 42%. If the measure had been definitively approved, it would have been the highest percentage in Europe. Such decision had triggered a strong reaction from the Italian crypto sector, because it rightly considered it punitive towards Italian investors, and the sector itself. In Italy, there are more than a million people who own cryptocurrencies, and several companies that operate specifically in the crypto sector. The U-turn on crypto taxation at 42% Who wanted the increase of…

Binance’s new platform for pre-list tokens, Binance Alpha, recently announced the fourth batch of tokens added to the selection pool. The new batch includes tokens like KOGE, BANANA, GNON, LUCE and others. In Binance Alpha’s fourth batch of pre-listed tokens, the platform has selected are a mix of Solana (SOL), Ethereum (ETH) and BNB (BNB) -based tokens. The batch includes nine tokens that were chosen based on aspects such as strong community interest, traction and hot trends. On Dec. 20, Binance Alpha released a notice unveiling the tokens included in batch number four to be Banana, Koge, Bob, Magic Power,…

The crypto industry experienced a transformative year in 2024, marked by rapid user acquisition and shifting ecosystem dynamics. A new report from Flipside highlights significant growth in user engagement, particularly on Base and Ethereum, while decentralized exchanges (DEXs) and new blockchain projects reshaped the competitive market. On-Chain Growth and Emerging Market Dynamics Base, a blockchain platform developed by Coinbase, led the market in 2024 with 13.7 million new users in October alone. This surge positioned Base as the fastest-growing chain, outpacing Ethereum’s steady average of 1.56 million new users per month. In comparison, Bitcoin’s growth lagged despite its price reaching…

History has been made with Bitcoin crossing $100k earlier today. Following Bitcoin reaching the highly anticipated mark, Anthony Scaramucci, the hedge-fund manager who experienced a brief tenure in the Trump administration, jokes that he owes his former boss a gesture of gratitude. When asked about the rise in Bitcoin prices after Trump’s re-election, he joked, “I probably have to buy Donald Trump a Christmas present.” He used to call Trump a friend but now sees him as a danger to the country, “Like a McDonald’s gift card.” Scaramucci, like many of the investors who persevered with BTC through its ups…

VeChain (VET) has disclosed in its latest post that the much-anticipated upgrade dubbed VeChain Renaissance would align rewards with impacts through four major changes. One of the changes would be the new VTHO distribution model, which would ensure that validators, builders, and “X-Nodes and Economic Nodes” remain the groups that receive network rewards. CNF recently reported on the upcoming holistic upgrade of VeChainThor through a technical roadmap called VeChain Renaissance. According to the details, this initiative aims to position stakeholders above all technical and regulatory trends while leveraging the contributions of users and developers to subject the network to significant…

Craig Wright said he won’t be attending his contempt of court hearing in London today, citing a “lack of means for travel.” As a result, he will likely be found in contempt and face possible arrest and prison. There was much speculation about whether Wright would show up at the London Royal Courts of Justice to face the hearing brought by the Crypto Open Patent Alliance (COPA). Last November, Mr. Justice Mellor ordered Wright to attend in person after deciding his arguments against attending carried “no justification.” He said, “It is difficult to avoid the conclusion invited by COPA which…

Transak will add a batch of 11 meme tokens for direct access. The payment service will expand purchasing opportunities for some of the hottest assets to rally in 2024. Transak, one of the widely used on-ramps for Web3 users, will add 11 meme tokens. The decision signals wide-spreading recognition for the new asset class. Meme tokens have been added cautiously to major services, while easily grabbing the attention of social media users. Transak started out with the most liquid memes, including DOGE, SHIB, PEPE, and BONK. The new meme tokens have a much shorter history and a faster rise to…

Zero1 Labs, an emerging expert in decentralized AI or DeAI ecosystems, has signed an agreement with The Ignition AI Accelerator, a global project of NVIDIA and Tribe. This partnership is expected to bring a fresh perspective to a typical AI startup’s developmental life cycle by merging Zero1 Labs’ knowledge of privacy-preserving AI solutions with the accelerator’s capabilities and connections. https://t.co/eC0oNYpq98 — Zero1 Labs (𝟘,𝟷) | Cypher Testnet Live (@zero1_labs) December 19, 2024 Combined, they aim to build an environment that will support the evolution and growth of the startups that develop and deliver advanced artificial intelligence solutions in the international…