Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Discussion is ongoing about whether the market has entered a supercycle in light of Bitcoin’s recent surge. Economist Alex Kruger asserts that this cycle is unique, pointing to a revolutionary change in the way the cryptocurrency sector is viewed and incorporated into international systems. Bitcoin’s consistent growth trajectory and recent break above $100,000, which cemented its position as the market leader, lend credence to this opinion. The trend shows a distinct breakout from its previous downward channel, seen in the provided Bitcoin chart, below. Bitcoin has been steadily rising over the past few months and is currently consolidating between $98,000…
Over the last week, a significant amount of cryptocurrency movement involved tokens from various blockchains being bridged to Solana, including over $200 million worth of Ethereum. This included assets from Ethereum (ETH), BNB Chain (BNB), and others, as evidenced by posts on X and web data indicating a total of over $300 million, according to data from deBridge Finance. 📊REPORT: Over $300 million has been bridged from other chains to @Solana in the last 7 days.(This includes more than $200 million from Ethereum to Solana alone) pic.twitter.com/0NM5CIhOg6 — SolanaFloor (@SolanaFloor) December 16, 2024 Based on total-value-locked, bridge tokens allow for…
Hybrid, a well-known platform for modular AI agents, has disclosed its exclusive Integrity Nodes. As per Hybrid, the Integrity Nodes offer the necessary operational infrastructure to verify L2 rollups as well as guarantee the AI agents’ integrity. The platform took to social media to provide the details of this endeavor. Introducing Integrity Nodes — a key infrastructure component for the Hybrid ecosystem.These nodes will validate L2 Rollup blocks and ensure the integrity of AI agents. We’ve written a Mirror blog post which explains how it works & how you can get involved:… pic.twitter.com/RB2FnE8pdO — Hybrid (@BuildOnHybrid) December 14, 2024 Hybrid…
Former Binance CEO, Changpeng ‘CZ’ Zhao, suggests Amazon start accepting Bitcoin as a form of payment in the wake of shareholders requesting the tech giant to consider adding BTC to its treasury. In a recent post, CZ responded to the news about Amazon shareholders requesting board members to conduct an assessment to decide on whether the tech giant should consider adding Bitcoin (BTC) its strategic reserve. The former Binance head suggested that the company should start accepting Bitcoin as a form of payment for their online marketplace as a gateway to adding the asset to their reserves. That way, the…
Red-hot decentralized finance (DeFi) project Ethena said Monday it is rolling out its new stablecoin that aims to help stabilize the protocol’s flagship USDe token when crypto markets turn bearish. The USDtb token aims to keep a steady $1 price and holds 90% of its reserves in BUIDL, the tokenized money market fund issued by asset management behemoth BlackRock and tokenization firm Securitize. “In light of the rapidly accelerating demand for different stablecoin options, we saw a clear opportunity to provide a new product that offers users an entirely different risk profile from USDe without them having to leave our…
As crypto markets remain broadly bullish in the run-up to the year-end holidays, several airdrops provide exciting opportunities to earn tokens without any initial capital. Airdrop farmers looking for top campaigns with tier-one investor backing have a long list to select from. Lisk Lisk has launched an airdrop campaign, announced on December 14, with a prize pool of approximately $15 million in Lisk tokens. The project boasts over 200,000 followers on X (formerly Twitter), including notable figures like Circle founder Jeremy Allaire and crypto czar David Sacks. Participants earn points by completing tasks, which are later converted into LSK tokens.…
While Vancouver’s City Council has passed a motion to explore becoming a ‘bitcoin-friendly city’, British Columbia still has a province-wide ban on mining BTC until December 2025. B.C.’s bitcoin mining ban began in December 2022 to address energy concerns, and it faced a legal challenge from Conifex Timber, which the B.C. Supreme Court upheld in early 2024, citing the policy’s reasonableness and alignment with public utility regulations. BC Hydro, the largest electricity utility in the province, relies heavily on hydroelectric power, which generates over 90% of its electricity. Vancouver’s motion – introduced to the council by Mayor Ken Sim –…
LinkLayerAI is proud to unveil its new collaboration with FBPay. As the industry prepares for the next level of blockchain and AI-enabled payment developments, this partnership will strive for massive retail adoption of cryptocurrencies through protocol-level, trustless payments and improving data monetization with AI capabilities. 👏We are thrilled to announce our partnership with @FBBank_cc! 👉FBPay is the next-generation modular trustless payment application. Aiming to expand mass adoption of cryptocurrencies.👉#LinkLayerAI is a blockchain protocol for data assetization based on AI agents.🚀 Stay… pic.twitter.com/X5PaOgbwU1 — LinkLayerAI (@LinkLayerAI) December 14, 2024 FBPay: Next-Generation Payment Solution Realizing the need for modular, secure payment solutions,…
Bitcoin (BTC) is the ultimate form of free speech and democracy, according to the slogan of Peter Brandt, known in financial circles as a trader with more than 50 years of experience, made today. Brandt’s words come as the major cryptocurrency flirts with the coveted six-digit price mark of $100,000 per BTC. It is not that Bitcoin is not worth that much anymore but rather that there has not been a precise fixation at that level, although the weekly candle closed at $101,109.59 per BTC, which could be considered a positive signal. However, the conversation here, raised by Brandt, is…
Aave governance delegate Marc Zeller has aired concerns over the future of the decentralized finance (DeFi) lending platform on Polygon in the wake of a controversial proposal to use funds locked in the network’s bridge to earn yield elsewhere. Aave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million, according to data from DeFiLlama. Read more: Advisors leave Aave as protocol punishes competitors The proposal to create a “Polygon PoS Bridge Liquidity Program” is currently in pre-PIP status and, in the four days since publication, has generated discussion…