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.
Argentina’s President Javier Milei is doubling down on crypto adoption as part of his broader economic reform agenda. Known for his libertarian ideals and criticism of central banks, Milei’s policies indicate a bold shift toward embracing digital currencies, such as Bitcoin, alongside traditional currencies. Interestingly, a recent disclosure confirms that his second year in office could introduce massive changes, particularly around monetary policy and free currency competition. The Push for Currency Freedom In his speech, President Javier Milei discussed plans for his second year in office, focusing on economic reform, reducing government size, and expanding freedoms. He emphasized fostering foreign…
In a stunning demonstration of market agility, a cryptocurrency trader has turned a swift move into a potential profit of $448,000. Just one minute after Binance announced the listing of $VELO, a lesser-known token, the trader seized the opportunity, spending 100 ETH (approximately $389,000) to purchase 2.45 million $VELO tokens via the 1inch decentralized exchange. A trader profits $448K by monitoring #Binance’s new listings!Just 1 minute after #Binance announced the listing of $VELO, this trader swiftly spent 100 $ETH($389K) to buy 2.45M $VELO, now worth $837K — an unrealized profit of $448K!https://t.co/7D4gY1xgjV pic.twitter.com/3NF8hBYplE — Lookonchain (@lookonchain) December 13, 2024 According…
Who would have thought we’d see Bitcoin shoot through the roof this quickly, soaring past $100K, albeit retreating slightly at present? As we move forward into 2025, the main question on our minds is: what lies ahead? Is Bitcoin (BTC) a bubble about to burst, or are we on track for $150,000–$200,000 soon? Are there any rational tools to predict its trajectory, or are we left to just play guessing games? From what I’ve observed, the fog starts to lift when you examine on-chain and technical indicators, while also factoring in the macro perspective. Let’s layer these three types of…
The cryptocurrency market saw impressive gains on October 16, 2024, with various tokens experiencing significant price increases. According to data from Phoenix Group, NEON (NEON), STFX (STFX), and DEEP (DeepBook) were the top-performing assets of the day, recording remarkable price growth. Let’s take a closer look at the market’s biggest daily movers. NEON (NEON) led the daily gainers list, posting a massive 39.4% price increase. This surge pushed NEON’s price to $0.50, raising its market cap to $28.9 million. NEON is primarily traded on the major exchange Coinbase, which has seen increased trading activity around the token. The significant price…
Tom Emmer has joined the band wagon as he has once again criticized current SEC Chair Gary Gensler’s leadership, pointing out Gensler’s regulation-by-enforcement strategy to be the root cause of all the problems faced by the crypto industry. This criticism comes right after Elon Musk and Vivek Ramaswamy criticized the SEC’s overreach in various cases. Tom Emmer Vs. Gary Gensler Emmer, a vocal advocate for transparent crypto regulations, has been criticizing Gensler for a long time now. Emmer has labelled Gensler’s leadership as the most “destructive” and “lawless” SEC chair in the history, which has hindered innovation within the industry.…
The cryptocurrency arm of the American financial services company Robinhood has released its end-of-the-year report for 2024, outlining its growth and expansion to new markets over the past 11 months. Alongside the report release, Robinhood Crypto is celebrating the first anniversary of launching a digital asset trading division in Europe. Robinhood Releases End of Year Report According to the report, Robinhood Crypto recorded a notional trading volume of $119 billion and $38 billion in crypto assets under custody as of November 2024. The entity said 2024 was an important year for its business because of the milestones it achieved. Robinhood…
Bitcoin has been billed as the people’s money, but is it as decentralized as they want you to believe?
One of Bitcoin’s (BTC) major promises is freedom — the unshackling of the financial world from the constraints of the traditional (TradFi) system. How? Through decentralization, a trustless system allows for peer-to-peer exchanges of value. Recently, the premier crypto has attracted a new tag — the people’s money — in reference to its supposed egalitarian design and function. But is BTC truly the all-embracing medium of exchange that its proponents make it out to be? Financial analyst Vik Aggarwal has presented new bitinfocharts data faulting that notion. He shared his thoughts via a LinkedIn post. Nearly 75% of available Bitcoin…
Attention is shifting from DeFi into meme tokens, as mindshare metrics point to the launch of a meme super cycle. After months of narrative turnover and complex new platforms, memes took off again for offering the simplest access to the market. Meme tokens are gaining momentum as interest flows out of DeFi. Actual DeFi usage remains high, and meme token activity depends on some forms of crypto finance, especially stablecoin lending. However, the recent shift to meme token activity coincides with an outflow of DeFi hype. DeFi mindshare dropping since memes took over. Overlooked given Trump’s odds & his public…
Congressman French Hill will be the next chair of the powerful House Financial Services Committee, Punchbowl News reported Thursday. The Arkansas Republican was named to the role Thursday by the party’s Steering Committee, which named the leaders of the various committees ahead of the 119th Congress’s start next year. Hill will succeed North Carolina’s Patrick McHenry, who will retire after 20 years in Congress and multiple terms leading Republicans on the Financial Services Committee. Hill has chaired the Digital Assets, Financial Technology and Inclusion subcommittee over the past few years and cosponsored the Financial Innovation and Technology for the 21st…
MetaMask Card launches in Brazil, Mexico, and Colombia, allowing seamless crypto transactions through Mastercard integration. MetaMask simplifies DeFi with a debit card that converts crypto to fiat, enabling daily spending without crypto exchanges. MetaMask has finally launched its highly anticipated MetaMask Card in Brazil, Mexico, and Colombia, giving users in these countries a convenient option to spend their cryptos in daily transactions. Working as a debit system, the card lets payments be made anywhere Mastercard is accepted. Aiming to close the distance between traditional financial institutions and decentralized assets, MetaMask keeps growing its ecosystem with this launch. Users can easily…