Author: NBTC

Litecoin’s circulating supply recently passed a key milestone, reaching 75 million coins, leaving only about 9 million coins to be mined before reaching the maximum supply cap of 84 million LTC. This development demonstrates how close Litecoin is to reaching its predetermined supply limit, solidifying its position as one of the more established cryptocurrencies in the market. CNF previously reported a large surge in whale activity for LTC, with a 25% increase in early September. There were over 1,100 daily transactions totaling $100,000, showing that large investors are becoming more involved in the Litecoin market. The increased participation coincided with…

Ras Al-Khaimah (RAK), a region in the United Arab Emirates (UAE) launched a framework for decentralized autonomous organizations (DAO) in its free zone for digital assets. The DAO Association Regime (DARe) “introduces a structured legal framework designed specifically for decentralized autonomous organizations,” an emailed press release said on Tuesday Ras Al-Khaimah (RAK), a region in the United Arab Emirates (UAE), launched a new framework for decentralized autonomous organizations (DAO) in its free zone for digital assets. DAO’s are blockchain-based organizations that are governed by code. The DAO Association Regime (DARe) “introduces a structured legal framework designed specifically for decentralized autonomous…

R3, a distributed technology and digital services provider based in New York, United States, is reportedly weighing options for its business, including a potential sale. In a report published on Oct. 24, Bloomberg notes that R3 is exploring available strategic options such as a joint venture, minority stake, or a full 100% sale. The blockchain startup, backed by several top investors including Intel and Bank of America, has held initial consultations with Ava Labs and the Solana Foundation. Bloomberg reports that R3 has also held discussions with Adhara, a liquidity management and international payments solutions provider. You might also like:…

StakeStone has announced its integration with Sonic Labs, opening new opportunities for users to unlock liquidity and boost yield. Participants can now maximize rewards by utilizing StakeStone’s products within the Sonic ecosystem. The integration focuses on bringing more benefits to users in decentralized finance. This partnership aims to give users more efficient ways to earn yield while supporting the evolving DeFi landscape. Big news, DeFi fam! StakeStone is integrating @0xSonicLabs to unlock even more #liquidity and #yield opportunities for YOU! 👇1. Earn Yield Through StakeStone on SonicWhen you use StakeStone on Sonic, you’re not just participating in the market—you’re actively…

A widely followed crypto analyst is issuing a warning to investors, saying that top altcoin Ethereum (ETH) might see a crash in December. In a new strategy session, prominent crypto trader Benjamin Cowen tells his 869,900 followers on the social media platform X that based on historical patterns, the second-largest digital asset by market cap may drop during the end of the year, reaching its lowest point in December. “In 2016, ETH had big drops in April, August, and December. In 2024, ETH has had big drops in April and August. So decent chance it plays out in a similar…

BRICS lawmakers advocate for Russian miners to sell their Bitcoin to international buyers, allowing countries to use Bitcoin and other crypto assets for imports, according to a Bloomberg terminal report shared by Matthew Siegel, the head of digital assets at VanEck. As the BRICS Summit Kicks Off, Top Lawmakes Are Pushing the Idea that Russian Miners Could Sell Their #Bitcoin to International Buyers, Who Would Use BTC and Other Crypto to Pay for Imports, Effectively Bypassing Western Sanctions. 🧵 pic.twitter.com/AyI8Km64Y1 — matthew sigel, recovering CFA (@matthew_sigel) October 23, 2024 Sanctions have significantly impacted Russia’s economy, but the emergence of crypto…

Stacks transforms Bitcoin with faster transactions and a decentralized ecosystem powered by sBTC. The Nakamoto Upgrade brings near-instant transactions, enhancing Stacks as a leading Bitcoin L2 solution. Stacks, a well-known Bitcoin Layer 2 (L2) solution, is quickly becoming a driving force in the Bitcoin economy. The platform’s success may be attributed to the work of a devoted community of developers, founders, and leaders, who have introduced disruptive innovations to the Bitcoin ecosystem. This focus is notably visible in the impending Nakamoto Upgrade, which promises to substantially reduce Stack block times from around 10 minutes to mere seconds, as we previously…

The Russian social media influencer Valeria Fedyakina, known as “Bitmama,” is under legal scrutiny, facing multiple fraud charges. Russian authorities allege that she caused damages of over 2.2 billion rubles (around $23 million) through illegal cryptocurrency activities. Despite these accusations, Fedyakina and her legal team maintain her innocence, calling the charges unfounded. The case has drawn significant attention due to her substantial following and alleged use of cryptocurrencies like Bitcoin for international transfers, highlighting the complexities of crypto regulations and the risks of unregulated digital finance. What are the allegations against Fedyakina? The Russian Investigative Committee accuses Valeria Fedyakina of…

Rome and Celestia unite to offer developers faster transactions, better scalability, and enhanced security for dApp building. The Rome-Celestia partnership boosts blockchain performance, enabling seamless cross-chain interaction with Solana’s fast consensus. Developers benefit from improved scaling, lower costs, and secure data availability, creating new opportunities for decentralized apps. Rome Protocol has announced its integration with Celestia, incorporating Celestia’s modular Data Availability (DA) solutions. This strategic partnership brings advanced data availability performance to all chains using Rome’s solutions. With Celestia’s DA layer and Solana’s high-throughput consensus, developers can now access enhanced transaction speeds, scalability, and cost efficiency without compromising security. 🧵🏛️Rome…

Trading legend Peter Brandt has injected some optimism into the embattled Bitcoin community with his latest chart. Brandt’s new chart shows that the largest cryptocurrency could still be on track to pull off another parabolic advance despite the recent bearishness. Bitcoin could be on course to reach a peak at roughly $150,000 in late 2025, according to the famous commodity trader. Prominent Bitcoin analyst Tuur Demeester believes that such a scenario is plausible. The latest chart is consistent with Brandt’s earlier prediction about Bitcoin peaking at the aforementioned $150,000 during the ongoing bullish cycle. Bitcoin recently succumbed to bearishness, with…