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.
Treasury Secretary Yellen To Unveil ‘Strong’ New Global Sanctions As BRICS Nations Russia and China Push To Forge Deeper Ties: Reports
BRICS founding members Russia and China are reportedly looking to build deeper economic relations. At the 16th BRICS summit, Russian President Vladimir Putin and Chinese leader Xi Jinping engaged in talks to bolster trade partnerships in an effort to create a “fair world order,” reports the South China Morning Post. According to Putin, the alliance between the two economic powerhouses could serve as a grounding influence amid volatile conditions on the world stage. “Russian-Chinese cooperation in global affairs is one of the main stabilizing factors on the world stage. We intend to further increase coordination at all multilateral platforms in…
REI Network has announced a partnership with Whistle. This exciting news was shared on REI Network’s X account. This collaboration combines REI’s zero-fee blockchain with Whistle’s innovative social ecosystem. The purpose is to improve the interaction of users with digital products. Earlier REI partnered with Upton Finance. We’re thrilled to announce REI Network’s collaboration with @whistle_web3! By combining REI’s high-performance, zero-fee blockchain with Whistle’s innovative social ecosystem, we’re pushing the boundaries of digital experiences. 🎥Together, we empower seamless user interactions… pic.twitter.com/yEtu8Geocu — REI Network|From #GXChain! (@GXChainGlobal) October 25, 2024 Whistle and REI Network Focus on Improving User Experiences In this…
Bitcoin is currently facing a pivotal moment as its price hovers around critical resistance levels. At present, Bitcoin is trading near $55,000, and the next few days may determine its trajectory. Should Bitcoin fail to break above the key $58,000 resistance, a pullback towards $48,000 could be imminent. Bitcoin Price Risks $48,000 If Support Fails Market sentiment has been heavily influenced by macroeconomic factors, including inflation concerns, Federal Reserve policies, and broader economic indicators. The ongoing uncertainties surrounding US monetary policy, particularly the likelihood of interest rate cuts, have further muddied the waters. As inflation remains high and the labor…
Shiba Inu investors could see their holdings skyrocket by as much as 11,783% in the long term if SHIB’s market cap rises to clinch the $1 trillion threshold. The crypto market is currently showing signs of a rebound, and Shiba Inu has leveraged this trend to recover some lost values. For context, SHIB previously witnessed a three-day loss of 5.69% from Sept. 14 to 16, culminating in a drop to the psychological support at $0.00001300. SHIB Sees Renewal of Optimism However, as the market recovered, Shiba Inu has since recorded four consecutive days of gains. Within this period, the dog-themed…
Russia’s new crypto law amplifies state control, enabling regional restrictions, tighter infrastructure regulations, and enhanced transaction monitoring. State Authority Over Digital Currency Grows as Russia Publishes New Law The Russian government released a document on Friday detailing a law signed by President Vladimir Putin that broadens the scope of digital currency regulations. This new law significantly extends government oversight of cryptocurrency mining activities and related infrastructure across the nation. Taking effect on Nov. 1, the legislation includes several amendments designed to strengthen oversight and impose limitations on crypto mining activities based on regional needs. The law enables the Russian government…
Secret Network has recently announced a new partnership with Aurora. As per Secret Network, the collaboration includes the integration of its Confidential Computing Layer with the next-generation blockchain Aurora which operates on the NEAR Protocol, offering confidential computing support, documentation, and tooling. The platform disclosed this development on its official social media account. ICYMI: Secret’s Confidential Computing Layer is now integrated with @auroraisnear, bringing confidential computing tools, documentation, and support to the Ethereum-compatible ecosystem on @NEARProtocol 👇https://t.co/KsYEBbByoQ — Secret Network (@SecretNetwork) October 25, 2024 Secret Network’s New Partnership Offers Complete Support to Aurora by Integrating Confidential Computing Layer In addition…
Recent market activity shows that crypto whales are aggressively purchasing Bitcoin (BTC), hinting at a potential market recovery. This week, Spot On Chain highlighted notable transactions, including a substantial withdrawal by a crypto whale—36LMb. This investor moved 999.999 BTC, worth approximately $55.09 million, from Binance, with Bitcoin priced at $55,114 each. Crypto Whales Buy $227 Million in Bitcoin This activity is part of a larger trend where crypto whales withdrew over 4,014 BTC, valued at more than $227.7 million in just the past week. The notable withdrawals from Binance involved several key players: Crypto whale 1KuPi withdrew 1,110 BTC worth…
Shiba Inu’s official X handle celebrates the successful first 48 hours of K9 Finance’s Liquid Staking and Derivative (LSD) platform. In a tweet yesterday, Shiba Inu’s ecosystem team called the public’s attention to the latest milestone achieved by K9 Finance. This comes after K9 Finance launched its highly-anticipated liquid staking solution, dubbed Bonecrusher, on Shibarium. For context, K9 launched Bonecrusher on September 18, allowing users to stake their Bone ShibaSwap (BONE) tokens. Remarkable Performance of K9 Staking Solution Two days after the launch, Buzz, the pseudonymous founder of K9, took to X to highlight the project’s achievements. According to Buzz,…
Analysts Say Bitcoin Remains Cheap, Investors Await US Election Results! Here Are the Details
Bitcoin (BTC) traded between $54,000 and $55,000 over the weekend as investors await a critical week marked by US economic data releases and the high-profile presidential debate between Donald Trump and Kamala Harris. Bitcoin Is ‘Largely Worthless’ Ahead of CPI Release and Trump-Harris Debate Week, Investors Say As the market awaits inflation figures and political developments that usually affect crypto prices, BTC trading volumes were lower and there was little movement among major tokens. On Friday, a sudden market crash following the employment report triggered the liquidation of over $220 million worth of crypto long positions, leading to sluggish activity.…
Following the sudden surge in the value of the meme cryptocurrency First City in Mars (TERMINUS), a trader capitalized on the momentum to record a 920-fold return on their initial investment. On-chain data indicates that the anonymous trader turned a $135 investment into a massive $124,000 in just two weeks, thanks to the explosive growth of TERMINUS, according to Lookonchain analysis in an X post on September 21. The token, traded on Uniswap and paired with Ethereum (ETH), experienced an astronomical rise following speculative social media posts about Elon Musk’s future Mars colony. The buzz began when DogeDesigner, a popular…