Author: NBTC

Metaplanet stock (MTPLF) debuts on OTCQX, boosting Bitcoin strategy with 1,142 BTCs and a 2,068% YTD rally in the U.S. market. Metaplanet’s Bitcoin strategy powers 2,068% stock rally; OTCQX debut positions it as a leading crypto investment opportunity. Metaplanet Inc. (Tokyo: 3350), a Japanese company that has earned a huge reputation in the crypto industry through its Bitcoin strategy, has announced its debut in the United States market. The company announced earlier today that its shares will commence trading on the United States OTCQX, a top-tier marketplace for over-the-counter stocks, on Thursday, December 19, 2024. The Metaplanet shares will trade…

In this article, we do a recap of all the latest news in the crypto airdrop sector. Some projects, like Magic Eden and Anzen Finance, have released their own token to their respective communities, stirring mixed emotions. Others, however, like Fuel and Odos, have planned the launch and distribution of their digital resources, which will debut on the market by the end of the year. Let’s see all the details below. The NFT marketplace Magic Eden releases the airdrop of the crypto ME: $15 billion of FDV at launch The RWA Anzen Finance project launches the governance token ANZ after…

Former United States Treasury Secretary Lawrence Summers described President-elect Donald Trump’s proposal for a strategic Bitcoin reserve as “crazy,” suggesting it serves primarily to appease his crypto campaign contributors. National reserves, historically including gold, foreign currencies, and commodities such as oil, serve as a nation’s financial safety net. The United States has already seized more than 200,000 Bitcoin (BTC) during criminal investigations. However, certain legislators, such as Senator Cynthia Lummis, are interested in expanding the scope. States such as Pennsylvania are currently planning Bitcoin investments, which could potentially establish a precedent for federal action. Bitcoin as a national reserve is…

There’s been a change of guard at the rankings of the $3.4 billion tokenized Treasuries market. Asset manager Hashnote’s USYC token zoomed over $1.2 billion in market capitalization, growing five-fold in size over the past three months, rwa.xyz data shows. It has toppled the $450 million BUIDL, issued by asset management behemoth BlackRock and tokenization firm Securitize, which was the largest product by size since April. Market cap of Hashnote’s USYC and BUIDL over time (rwa.xyz) USYC is the token representation of the Hashnote International Short Duration Yield Fund, which, according to the company’s website, invests in reverse repo agreements…

Ethereum price extended losses and dropped below the $3,680 zone. ETH is down over 7% and is showing bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,680 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $3,650 support zone. Ethereum Price Drops Below $3,650 Ethereum price struggled to start a fresh increase above the $3,680…

The Bank of Japan (BOJ) kept interest rates unchanged at 0.25% during its Thursday meeting (local time), marking the third consecutive hold following similar decisions in September and October. The choice to maintain interest rates at their current levels was somewhat foreseen. A recent report from CNBC showed a narrow majority of economists predicted the BoJ would keep its rates unchanged at the conclusion of its December 19 meeting, although many foresee a possible rate increase in January based on economic indicators. The BOJ’s decision comes as the US Fed reduced its benchmark interest rates by 25 basis points on…

Popular transaction tracker Shibburn, which monitors SHIB transfers to dead-end wallets, has shared that since last morning, the SHIB army has been actively shoveling meme coins into the virtual furnace of zero wallets. Their actions over the last day have triggered a significant rise in the daily burn rate. This happened while the price of the second largest meme cryptocurrency, Shiba Inu, attempted to break out but failed to push through the resistance at $0.00002888. Burn rate jumps by 515% Data shared by the aforesaid source revealed that overnight, the SHIB burn rate skyrocketed by a massive 572.29%, with 72,847,617…

In a significant market-first move, Crypto.com has announced a major partnership with ALL – Accor Live Limitless, the global loyalty programme and booking platform of Accor Group. This collaboration will enable Crypto.com users to seamlessly convert their cryptocurrency holdings into Accor Reward points, opening a new avenue for utilizing digital assets for real-world travel experiences. Crypto Meets Travel Rewards The partnership allows users of the Crypto.com App, who are also ALL members, to convert over 20 supported cryptocurrencies, including Bitcoin ($BTC), Ethereum ($ETH), and Crypto.com’s native token Cronos ($CRO), into Reward points. These points can be spent across Accor’s extensive…

With Bitcoin briefly surpassing $100,000 and the S&P 500 posting its best year since 2019, Bank of America’s strategist warns of a potential market overshoot. U.S. stocks and cryptocurrencies are showing signs of overheating, with Bank of America Corp.’s Michael Hartnett warning of a potential “overshoot” in early 2025, Bloomberg reports. The S&P 500’s price-to-book ratio surged to 5.3 times in 2024, nearing a peak of 5.5 seen during the dot-com bubble in March 2000. Hartnett cautioned that if the index approaches 6,666 points — about 10% above current levels — the rally could overextend. Yet, despite this, the bank’s…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a cornerstone of the decentralized finance (DeFi) ecosystem and a leading platform for smart contracts and decentralized applications (dApps). As of December 20, Ethereum is trading at approximately $3,410, showing a decline of about 10.6% from the previous close. Ethereum’s price dynamics have been influenced by several factors: Market Volatility: Recent market fluctuations have led to significant price movements in Ethereum, with intraday highs reaching $3,813 and lows dipping to $3,405. Regulatory Speculations: Hype surrounding the Ethereum-based exchange-traded funds (ETFs) in the U.S. has contributed to price volatility. Earlier this…