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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.

Bitcoin

Crypto Community Criticizes Microsoft’s Bitcoin Rejection

By NBTC

Microsoft’s Bitcoin rejection has drawn criticism from the digital asset community after shareholders voted against a proposal to invest in Bitcoin. Titled “Assessment of Investing in Bitcoin,” the proposal was to allocate 1% of Microsoft’s total assets into Bitcoin as a hedge against inflation. Despite the rising interest in corporate cryptocurrency adoption, Microsoft’s board opposed the proposal, citing Bitcoin’s volatility and the need to prioritize stable investments for liquidity and operational funding. Critics argue that this conservative stance may result in missed opportunities, especially as companies like MicroStrategy continue to embrace Bitcoin. Crypto Backlash to Microsoft’s Rejection Tron (TRX) founder…

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Altcoins

$DOGS Announces Global Treasure Hunt with $10,000 Reward and Exclusive NFT Assets

By NBTC

In an unprecedented move for the meme-coin universe, $DOGS, the popular community-driven cryptocurrency, is preparing to launch a globe-spanning treasure hunt, offering $10,000 worth of $DOGS tokens and exclusive assets on its soon-to-be-launched NFT Sticker Platform. With cryptic puzzles hidden across both digital spaces and real-world locations, this event is set to challenge the sharpest minds in the $DOGS community while offering a thrilling mix of blockchain mystery and global adventure. A New Kind of Adventure The $DOGS mascot, affectionately known as Spotty, has reportedly uncovered a hidden message deep within the blockchain, hinting at the launch of the new…

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Exchanges

WhiteBIT launches Nova card, a crypto debit card with 10% cashback

By 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…

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Mining

Bitcoin Miners Focus on Accumulation Strategy

By NBTC

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…

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Blockchain

OORT launches blockchain-driven DataHub for ethical AI development

By NBTC

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…

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Bitcoin

Bitcoin Hits Critical Level Against Gold After Falling Channel Breakout: Peter Brandt

By NBTC

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…

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Exchanges

Binance Fund Inflows for 2024 Are Almost 40% Higher Than the Next 10 Exchanges Combined

By NBTC

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…

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Blockchain

Farcana Joins Forces with LayerZero to Revolutionize Multi-Chain Gaming

By NBTC

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’…

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Bitcoin

Trader That Called May 2021 Bitcoin Collapse Says Rapid Move to $150,000 BTC Wouldn’t Be Extraordinary

By NBTC

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…

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Altcoins

Sheffield United Partners with Solana Meme Coin MANEKI for the 2024/25 Season

By NBTC

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…

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