Author: NBTC

The Islamic conceptualisation of finance is built around a set of core principles which give primacy to honesty, fairness and accountability in trade and transactions. As such, Islamic finance seeks uphold justice, transparency, and shared prosperity in economic systems. Arguably, fiat currency achieves the exact opposite of these principles, since it introduces uncertainty, speculation and inequities that punish the poor, who earn and spend fiat, and favours the rich who invest in assets that benefit from inflation. In this backdrop, Bitcoin emerges as a solution that aligns remarkably well with Islamic finance principles. This article explores why Bitcoin, with its…

Ethereum has factored in a modest price increase of 0.94% in the past day and is attempting to hit $4K. The altcoin’s daily trading volume has dipped by 20.90% as per CMC data. The global crypto market has decided to stay bullish this weekend as depicted by the 1.38% increase. Leading cryptocurrency, Bitcoin has surpassed its past few days’ resistance at the $100K level and is holding ground as of writing. Meanwhile, the altcoin sector has shown different signals. Some tokens such as PEPE have shown price increases while others have dropped. Notably, Ethereum has factored in a minor price…

Allegations of centralization could pose legal and security risks for Avalanche, potentially classifying AVAX as a security and impacting its future adoption. The report highlights Ava Labs’ control over validating nodes and AVAX tokens, raising concerns about the network’s decentralization and vulnerability. Amid recent developments, the Avalanche Foundation reacquired 1.97 million AVAX tokens from the LFG deal, as reported by CNF. However, Avalanche now faces scrutiny after Crypto Leaks published file number 11, raising concerns over the network’s centralization. According to a recent tweet from community member, Paisan, stating that incredible fireside chat with Avalanche CEO. Incredible fireside chat with…

Monex Group announced today that its affiliated subsidiary i.e., Japan’s crypto exchange, Coincheck Group (Coincheck Group NV), has been successfully listed and will debut on Nasdaq (NASDAQ) in the United States. Starting from the 11th of December, Eastern Time, the stock will trade under the ticker symbol “CNCK.” Coincheck Group N.V.のNASDAQ上場のお知らせhttps://t.co/2kEZo6JCBq@NasdaqExchange — Coincheck(コインチェック) (@coincheckjp) December 10, 2024 Coincheck(CNCK) is Now Live As per the official press release, The listing is expected to strengthen the company’s credibility and establish Coincheck as a significant player in the crypto business. The translated press release also states, “Due to this listing, the name has…

Bitcoin (BTC) has recently retraced after breaking through the psychological $100,000 barrier, falling to a low of $96,000 and triggering over $1.6 billion in liquidations in the past 24 hours. Despite the correction, analysts remain optimistic about Bitcoin’s long-term outlook, with projections pointing toward a potential peak of $400,000 by 2026. Notably, TradingShot, in an analysis on TradingView, highlighted that Bitcoin’s bullish cycle remains intact, supported by historical patterns and key technical indicators. 50-week moving average: A critical foundation for the bull run According to the analysis, Bitcoin has managed to maintain its broader bullish structure, defined by a green…

Berachain, a popular Polychain-backed layer-1 network, is expected to launch its airdrop in 2024, according to most Polymarket users. Berachain airdrop odds are rising A Polymarket poll with over $669,000 in funds places the odds that Berachain will launch its token this year at 67%. This poll has been accurate before as users accurately predicted the recent Scroll (SCR) airdrop. They also predicted the confirmed Swell airdrop. Another Polymarket poll with $55,528 places the probability of the Berachain airdrop happening this year at 72%, up from this month’s low of 42%. Berachain is one of many upcoming layer-1 networks in…

“Good artists copy, great artists steal,” was a favorite saying of Apple’s Steve Jobs to explain his company’s blatant copying of technology from Xerox. Fast forward to the Web3 era, and BitMEX CEO Stephan Lutz, who was appointed to the role in late 2022, says he’s fine with competitors copying the crypto exchange’s invention of the perpetual swap, the financial instrument that underpins the crypto derivatives market. The more traders access the tool, the healthier the market, the logic goes. “It was copied by everyone, because that’s just open-source know-how,” Lutz said in an interview with CoinDesk. The whole world…

Eric Trump, President-elect Donald Trump’s son, is bullish on Bitcoin. Barely a week after Bitcoin clinched the long-desired $100,000 price point, Bitcoiners are already setting their sights on new milestones, seven figures to be exact. The latest voice to join this chorus is Eric Trump, the second son of U.S. President-elect Donald Trump. “I am confident that it [Bitcoin] is going to hit $1 million,” Eric Trump asserted, speaking to a packed audience at the ongoing Bitcoin MENA Conference in Abu Dhabi today. Eric Trump’s appearance at the conference follows his father’s campaign appearance at Bitcoin 2024 in Nashville as…

Cardano founder Charles Hoskinson reveals why venture giant Andreessen Horowitz (a16z Crypto) failed to include Cardano in its recently published State of Crypto 2024 report. Yesterday, the crypto arm of leading venture capitalist Andreessen Horowitz (a16z Crypto) released the 2024 edition of its State of Crypto report. The VC highlighted the latest trends among crypto builders and recent tech improvements in the report. ADA Enthusiasts Question Cardano Omission From a16z Crypto Report The report provided several key metrics, such as monthly active crypto addresses and top blockchains by developer interest. According to the report, the monthly active crypto addresses hit…

WazirX Bankruptcy Rumors: Is WazirX on the brink of collapse? Speculation surrounds strategic departures and a potential shift to a new DEX model. Binance-WazirX Dispute: Ownership tensions and investigations intensify as WazirX faces uncertain future, with users concerned about potential fund recovery schemes. A series of rumours about WazirX’s upcoming bankruptcy has already started buzzing within the Indian community on various platforms. Your turn at a glance WazirX, once a giant in the Indian crypto market, gets caught up in rumours of strategic departures led by its co-founder Nischal Shetty. Despite the fact that there has not been an official…