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.

A senior Linux developer responsible for maintaining Bitcoin’s primary random number generator, linux-rng, has earned one of the most prestigious grants available to developers. OpenSats, a non-profit public charity founded in early 2021 that has given away over $10 million, granted Jason Donenfeld long-term funding. Distinct from its short-term or project grants, OpenSats allocates funds on a long-term basis to some of Bitcoin’s most active developers. In May, Jack Dorsey replenished the philanthropy with an additional $21 million, more than doubling OpenSats’ capacity to give. Donenfeld joins other senior Bitcoin developers as a OpenSats Long-Term Support Grantee, including Marco Falke,…

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The recent listing of Hamster Kombat’s HMSTR token witnessed a dramatic 20% drop in its price, stirring discussions among airdrop winners. Initially trading at $0.014, the token’s price has slipped to approximately $0.011. Hamster Kombat Distributes HMSTR Token Developed on The Open Network (TON) blockchain, Hamster Kombat is a notable tap-to-earn game. It rewarded 131 million qualifying players with a distribution of 60 billion tokens from its first season. The TON blockchain, closely linked with Telegram, has managed high user traffic following the token launch. Since launching in March, the game itself has amassed over 300 million users. Trading commenced…

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Craig Wright, discredited in the UK High Court’s ruling against his claim to be Satoshi Nakamoto, has launched another legal action. Once again, he is targeting the Bitcoin Bitcoin Core Core developers. Wright claims that the Bitcoin Core developers have misrepresented BTC as the original bitcoin, while he insists that Bitcoin SV also known as BSV Vanguard Short-Term Bond ETF Bitcoin SV is the true version of bitcoin. In a decisive legal battle earlier this year, Justice Mellor of the COPA v Wright trial clarified beyond doubt Craig Wright’s claims. He ruled that the evidence against Wright was ‘overwhelming,’ conclusively…

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Rulematch, a notable partner of Ripple, has announced a strategic partnership with SDX (Six Digital Exchange) aimed at revolutionizing the institutional crypto trading and custody landscape. This collaboration is set to provide banks and financial institutions with an integrated platform for seamless crypto trading, settlement, and management. 📢RULEMATCH – SDX Partnership Announcement RULEMATCH is proud to join forces with @SDX_global to bring financial institutions an end-to-end solution for trading, settlement and managing #crypto assets. Institutions can trade on RULEMATCH with post-trade clearing and… pic.twitter.com/DjZBdyqgFs — RULEMATCH October 17, 2024 Rulematch and SDX announce partnership (Source: X post) Rulematch and SDX…

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According to data provided by CryptoQuant, Bitcoin has decoupled from gold. While the Bitcoin price is down substantially from its record peak that was achieved in March, the yellow metal recently hit a new record peak. Earlier today, it rallied to $2,800 per ounce. Gold has been rallying ahead of the U.S. Federal Reserve’s widely expected rate cut that is expected to take place later this September. According to the betting site Polymarket, traders are now pricing in a 36% chance of a 50-basis point rate cut. Of course, a 20-basis point rate cut remains the likeliest scenario so far.…

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The Synesis Foundation, the organization behind Solana’s first AI data pre-processing solution, has established a strategic agreement with AirMoney DEGN. The partnership will facilitate the introduction of DePIN-focused consumer hardware in the form of the AirMoney DEGN device. The capabilities of a traditional hardware wallet are enhanced by AirMoney DEGN, which enables users to interact with web3 protocols over a secure DePIN (Decentralized Physical Infrastructure Network) framework. The device may also be used to interact with web3 games and securely trade cryptocurrency assets. The AirMoney DEGN’s usefulness will improve and the adoption of crypto hardware inside the DePIN space will…

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Ripple Labs, the company behind the cryptocurrency XRP, continues to navigate its legal challenges with the U.S. Securities and Exchange Commission (SEC) as the case moves into the appeals stage. This ongoing litigation, initiated in 2020, revolves around the classification of XRP as a security and whether Ripple unlawfully conducted unregistered sales of the token. With the appeal process in motion, Ripple and the SEC prepare for a prolonged legal battle that could stretch well into 2026. Key Milestone: Ripple’s Appeal and the SEC’s Next Moves Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, recently shed light on the company’s next…

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Jupiter, Solana’s leading DEX swap aggregator, has introduced a new meme coin trading platform called Ape Pro. Ape Pro, announced earlier today through Jupiter’s official X account, offers traders tools like advanced data analytics, real-time token streaming, and MEV protection. Jupiter, launched in October 2021, became Solana’s first on-chain swap aggregator by routing DeFi transactions efficiently, reducing slippage, and tapping into liquidity from multiple decentralized exchanges. With over $1.3 billion in total value locked, according to Defillama, Jupiter plays a significant role in the Solana DeFi ecosystem. Ape Pro provides users with customizable indicators and real-time market data, essential for…

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Bitcoin’s recent price movements have caused concern among investors about what might come next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top Indicator, and the Golden Ratio Multiplier, we can gain insights into potential support and resistance levels for Bitcoin. Leaning Bearish? In recent weeks, Bitcoin’s price has fluctuated, dipping as low as $53,000 before stabilizing in the middle of our newly formed $50,000 to $60,000 range. If this bearish price action is to continue and price breaks to lower lows the200-week moving average heatmap(blue line), a historically critical support level, is currently…

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A new day has brought a new twist to the popular meme-inspired Shiba Inu (SHIB) cryptocurrency. According to Shibariumscan, the total volume of BONE tokens collected as transaction fees on the Shibarium network has increased by 2,190% in the last 24 hours. Many people may be aware that more than a year ago, a team of Shiba Inu enthusiasts launched decentralized blockchain Shibarium. This layer-2 solution, built on top of the Ethereum Virtual Machine, uses BONE, a token of the Shiba Inu ecosystem, as a gas payment. Of course, SHIB also benefits from the operations of Shibarium, where part of…

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