Author: NBTC

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.

Portal Joins Forces with Bitfinity to Bridge $BTC into the World of DeFi

DeFiDec 13

Portal, the industry’s first custodyless cross-chain solution for Bitcoin, has partnered with Bitfinity Network, the next-gen Ethereum Virtual Machine (EVM) for Bitcoin. This newly formed partnership seeks to change how Bitcoin and other blockchains can easily connect to DeFi applications. As for now, Bitfinity combined its technology with Portal, a company that is trying to fill the gaps in the crypto sphere and increase the functionality of Bitcoin in the DeFi markets. Portal to Bitcoin is teaming up with @bitfinitynet to redefine blockchain interoperability. Combining Portal’s custodyless cross-chain infrastructure and Bitfinity’s EVM compatibility, this partnership paves the way for seamless…

BlackRock Ethereum ETF Climbs to Top 4 With Record Inflows

EthereumDec 13

Yesterday, Dec. 10, BlackRock's Ethereum ETF (ETHA) made a big splash, landing in the top four ETF launches of 2024, according to Nate Geraci, President of the ETF Store. With a daily net inflow of around $81.6574 million, ETHA has seen consistent growth over the past 12 days, making it a key player in the highly competitive cryptocurrency landscape. Yesterday's data showed that total net inflows for spot Ethereum ETFs reached about $305.74 million. Of this, BlackRock's ETHA accounted for a big chunk of change - $81.65 million - while Fidelity's ETF (FETH) led the pack with $202 million. Make…

Standard Chartered, Virtu Financial join new U.K. crypto derivatives platform

RegulationDec 13

Standard Chartered, Virtu Financial, and ABN AMRO Clearing have been announced as strategic partners of Global Futures and Options Ltd. (GFO-X), a U.K.-based crypto derivatives platform. On Dec. 9, GFO-X announced that the three firms, alongside market maker IMC, are among the top financial industry players to join the U.K. regulated platform. GFO-X revealed the partnership via a press release, adding that the crypto-focused derivatives trading venue will officially launch in the first quarter of 2025. The platform has collaborated with the companies to meet the requirements for offering Bitcoin (BTC) index futures and options to institutional investors. The products…

Ripple CEO Says XRP Will Be One of Crypto Winners

AltcoinsDec 13

Brad Garlinghouse, the CEO of Ripple, expresses confidence that XRP will be one of the crypto industry’s winners thanks to the token’s payment utility. The Ripple CEO made the assertion during an interview yesterday on the Thinking Crypto podcast. During the interview, Garlinghouse commented on different topics relating to XRP ETFs, Ripple’s upcoming stablecoins, and U.S. crypto regulations. SEC Gave ETH Edge Over XRP Through Its Involvement He emphasized that the United States government should not pick winners and losers in the crypto market. Garlinghouse said XRP was the second most valuable asset before the SEC’s involvement in crypto regulation.…

taxation will be reduced in Italy

LegalDec 13

The Lega announces a step back on the increase of taxation on crypto planned by the maneuver in Italy. The rise to 42% will be revised to ensure balance, avoiding penalizing a sector in full expansion. Let’s see all the details in this article. Crypto taxation in Italy: Lega working to correct the increase from 26% to 42% on capital gains The proposals of the Lega The reactions of the market Crypto taxation in Italy: Lega working to correct the increase from 26% to 42% on capital gains A good piece of news for Italian investors in the cryptocurrency sector:…

Bitcoin Miners' Revenue Hit $71 Billion in Epic Milestone: Details

MiningDec 13

Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode. On Dec. 5, after 5,256 trading days, the Bitcoin price crossed $100,000 for the first time, and the market capitalization briefly surpassed $2 trillion. According to on-chain analytics platform Glassnode, Bitcoin miners have earned $71.49 billion since inception, demonstrating the network's robust security and economic incentives. As of December 5, #Bitcoin miners have earned a cumulative $71.49 billion for securing the network and processing transactions. This includes $67.31 billion in block subsidies and $4.18 billion in transaction fees. Review the chart: https://t.co/U9PqClQutV pic.twitter.com/b76G8Nu8M4 — glassnode…

LINE NEXT and Kaia Foundation bring Web3 Mini Dapps to LINE Messenger in 2025

BlockchainDec 13

LINE NEXT, the Web3 branch of LINE Corporation, has partnered with the Kaia DLT Foundation, the platform promoting the Kaia Layer-1 (L1) blockchain, to launch a suite of ‘Mini Dapps’ (decentralized applications) and a Dapp Portal on LINE Messenger in 2025, as per the information shared with Finbold on Thursday, December 12. New decentralized applications on the messaging platform are expected to make Web3 services more accessible to users. The Kaia Wave program Under the Kaia Wave program, LINE NEXT and Kaia Foundation have selected 30 standout DeFi projects from over 800 applicants. These include popular entries like Bombie and…

Bitcoin Reclaims $100K as MicroStrategy's Saylor Rejects Idea of Taking Gains

BitcoinDec 13

Bitcoin, the leading cryptocurrency by market capitalization, managed to reclaim the $100,000 level earlier today. It is currently trading at $100,705 after reaching an intraday high of $101,177, according to CoinGecko data. Its market cap is approaching the $2 trillion mark once again. During a recent interview with Alex Thorn, head of firmwide research at Galaxy, MicroStrategy co-founder rejected the idea of selling Bitcoin. He said that the community would go "ballistic" if he decided to sell Bitcoin. "They would never trust us ever again," Saylor added. Following its most recent purchases, MicroStrategy now holds a total of $42.5 billion…

Ethereum (ETH) Bull Run to Resume and Last Into 2025, Michael van de Poppe Predicts

EthereumDec 13

Crypto analyst Michael van de Poppe believes that the Ethereum (ETH) bull run in 2024 remains intact, even after failing to sustain the $4,000 level. Sharing his insights on X (formerly Twitter), he outlined the key factors supporting his outlook. As of this writing, ETH trades at $3,716. This raises the question: could Ethereum reclaim higher levels in the coming weeks? Ethereum Rally Is Not Over, the Analyst Says According to van de Poppe, ETH is trading at a range that provides an opportunity to accumulate at discount prices. In his post, the analyst noted that the recent price decline…

Trump Selects CFTC Chair to Shape Crypto Policies

LegalDec 13

As President Donald Trump approaches a critical decision regarding the new CFTC Chair, the cryptocurrency community braces for potential shifts in regulatory frameworks. This announcement follows Trump’s recent appointments of SEC Chair Paul Atkins and crypto advocate David Sacks, signaling a stronger emphasis on digital asset governance. Contents hide 1 How Will the CFTC Chair Affect Cryptocurrency? 2 Is Summer Mersinger the Top Contender? How Will the CFTC Chair Affect Cryptocurrency? The timeline for announcing this pivotal CFTC Chair nominee remains unclear. Cody Carbone from Digital Commerce indicated that Trump’s transition team has yet to finalize a candidate, drawing parallels…