Author: NBTC

WhiteBIT, a leading European cryptocurrency exchange, has launched the WhiteBIT Nova card in partnership with Visa and Wallester AS. This innovative debit card enables EU residents to seamlessly spend their digital assets on everyday transactions while earning up to 10% cashback. Designed to integrate cryptocurrencies into daily life, the card bridges the gap between blockchain technology and traditional financial systems. It offers multiple user benefits, including support for major cryptocurrencies, no service fees, and flexible cashback options. Key features of the WhiteBIT Nova card The WhiteBIT Nova card offers EU users a unique financial tool with several standout features: Zero…

A recent report by JPMorgan reveals that Bitcoin miners are increasingly shifting their strategies towards accumulating Bitcoin (BTC) rather than liquidating their holdings. This trend is driven by the pressures of the recent BTC block reward halving and a rising network hashrate, which have impacted profitability levels across the mining sector. Contents hide 1 What Factors Drive the Shift in Mining? 2 Are Public Companies Adapting Their Strategies? What Factors Drive the Shift in Mining? The April block reward halving has notably increased mining difficulty, especially affecting smaller operators. Consequently, miners are now prioritizing the accumulation of Bitcoin as they…

The OORT Foundation announced the commercial launch of its OORT DataHub, a decentralized platform designed to improve data collection and labeling for artificial intelligence. The platform, which goes live on Dec. 11, aims to address longstanding challenges in AI development, including data transparency and integrity. OORT DataHub promises to reduce costs and enhance security for businesses and researchers who rely on large-scale data for AI training by leveraging blockchain technology. The launch marks a significant step for Oortech, which previously introduced its Edge Device, a decentralized storage node. Together, these products form the backbone of the OORT ecosystem, which aims…

Bitcoin performance relative to Gold reaches an important juncture, according to a recent analysis from market veteran Peter Brandt. Notably, his latest analysis of the Bitcoin/Gold (BTCXAU) ratio reveals a notable test for Bitcoin at the 36 to 37.1 ounce (oz.) level. For context, this area is proving to be a significant resistance zone, following a sharp breakout from a falling channel. Brandt’s chart, which spans a weekly timeframe, captures the market condition with historical context. In late 2018, BTC formed a wedge pattern against Gold, with higher lows and resistance at 7 XAU. Bitcoin Against Gold | Peter Brandt…

Main Takeaways: Binance, the biggest crypto exchange in the world, recorded $21.6 billion in user fund deposits in 2024, 36% more than the combined total of the next 10 crypto exchanges, which amounts to USD 15.9 billion. The average Bitcoin deposit across exchanges rose from 0.36 BTC to 1.65 BTC, while USDT deposits surged from $19.6k to $230k. These larger deposits reflect growing interest from professional and corporate investors. Binance became the first crypto exchange to exceed $100 trillion in lifetime trading volumes, showcasing its market dominance. A Year of Exceptional Growth 2024 has been a landmark year for Binance…

Farcana, a UAE-based team shooter game, is making waves in the blockchain gaming industry with its recent integration with LayerZero. This marks a major step toward establishing itself as a multi-chain platform. The partnership leverages LayerZero’s cutting-edge Ultra Light Node (ULN) framework. The aim is to enhance Farcana’s ability to provide a more secure and seamless gaming environment and eliminate vulnerabilities that have historically plagued blockchain gaming platforms. Farcana Embraces Multi-Chain Innovation The transition to LayerZero brings notable advancements. These advancements include reduced dependency on intermediary chains, thereby lowering transaction fees. By integrating this innovative framework, Farcana is enhancing gamers’…

A veteran trader known for accurately calling the crypto market collapse of May 2021 says that a quick Bitcoin (BTC) rally to $150,000 in the near future is in the cards. Pseudonymous Dave the Wave tells his 147,000 followers on the social media platform X that a sudden 55% rally for BTC wouldn’t be anything out of the ordinary. Based on a chart shared with his followers, the trader appears to suggest that BTC has been trading within a large ascending broadening wedge, with an upper bound near $150,000 if tapped by April. “A BTC move to $150,000 this southern…

MANEKI has become the principal sponsor for Sheffield United, debuting on their jerseys during the 2024/25 season. The partnership marks a significant crypto sponsorship, following the FA’s ban on betting companies in English football. Sheffield United’s historic Bramall Lane stadium will serve as the stage for introducing MANEKI to thousands of football fans. Sheffield United and Maneki, the Solana-based meme coin, have partnered to become the shirt sponsors for the new season 2024/25. From October 18, when Sheffield United plays Leeds United, the special Maneki logo will feature on the Blades’ classic red and white color. We’re proud to announce…

Cryptocurrency exchange OKX has announced the listing of Goatseus Maximus (GOAT) on its spot trading platform. OKX Lists Goatseus Maximus (GOAT) for Spot Trading The highly anticipated memecoin, created by a semi-autonomous AI agent Twitter account known as Terminal of Truths, will soon be available for trading. Listing Calendar The timeline for the listing is as follows: Deposit Open: December 12, 2024, 09:00 Auction Call: December 12, 2024, 12:00 – 13:00 Spot Trading: GOAT/USDT trading begins at 13:00 on December 12, 2024 Withdrawals Open: December 12, 2024, 17:00 Spot Trading Rules OKX will apply the following restrictions during the first…

The financial services company Unlimit is collaborating with the Tron blockchain to facilitate mainstream access to crypto platforms by leveraging low gas fees. The integration with Justin Sun’s network will allow Unlimit users to access DeFi, GameFi, and NFT services without worrying about on-chain fees. We remind you that Tron boasts the presence of the largest circulating supply of USDT on its own chain, responsible for 90% of the network energy used. Let’s see all the details below. Unlimit announces strategic partnership with Tron to lower the cost of on-chain gas fees Future expansion plans Gas fees and network energy:…