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.

Strike CEO Advocates for U.S. Bitcoin Reserve to Boost Economy

BitcoinDec 12

Jack Mallers, the CEO of Bitcoin payment platform Strike, has expressed support for the idea of the U.S. creating a strategic Bitcoin reserve, believing it would offer benefits to Americans from all economic levels. In a recent interview with Kitco News, Mallers highlighted his expectations that the upcoming Trump administration would prioritize policies that foster economic growth, business development, and innovation. Mallers sees the creation of a Bitcoin reserve as a solution to the nation’s fiscal challenges. He emphasizes that this move would be advantageous for retail investors, corporations, and institutions holding Bitcoin, while not negatively impacting those who have…

Microsoft may be open to Ethereum ETF with staking, VanEck head of crypto research speculates

EthereumDec 12

Microsoft has rejected a Bitcoin investment proposal, but the company may be open to exploring other crypto investment opportunities. VanEck’s head of digital assets research Matthew Sigel said that Microsoft might be inclined to consider an Ethereum ETF investment if the product includes staking feature. Sigel perceived this potential openness in a comment made by Amy Hood, Microsoft’s Chief Financial Officer, during the company’s annual shareholder meeting on Tuesday, where shareholders overwhelmingly rejected a proposal to adopt Bitcoin as a treasury asset. Hood mentioned that Microsoft has been accepting crypto as payment since 2014 and has been considering crypto as…

Why On-Chain Lending Redefines Financial Innovation

RegulationDec 12

The financial world has witnessed transformative moments over the centuries: the advent of central banking in the 1600s created modern monetary systems, and the introduction of derivatives in the 1970s opened up new avenues for risk management and financial growth. Today, another such innovation is unfolding—on-chain lending, which has the potential to disrupt traditional finance at its core. Visionaries like Balaji Srinivasan have already recognized its significance, dubbing it the “killer blockchain app” with transformative implications. On-Chain Lending as a Killer App Balaji Srinivasan, a leading tech entrepreneur, recently amplified the importance of on-chain lending by calling it the most…

XRPL Xaman Wallet Hits Multi-Month High in Key User Milestone

AltcoinsDec 12

The Xaman Wallet, a noncustodial crypto wallet built on the XRP Ledger Xahau sidechain, is seeing impressive adoption, which has placed it in the spotlight. According to an update from Wietse Wind, the cofounder of the Xaman Wallet, the protocol is facing a very positive reversal in the monthly active user metric. Xaman Wallet and adoption curve The adoption curve for Xaman Wallet has slowed from its 52-week peak of 164,200 in December 2023. From this level, monthly active users have been dropping and hit a low of 92,362 in mid-September. While the reason for this massive drop remains unknown,…

Why Crypto Giants Oppose Crenshaw’s SEC Renomination?

LegalDec 12

The U.S. Securities and Exchange Commission (SEC) might look a little different soon. Caroline Crenshaw, who’s been a commissioner since 2020, is up for renomination. President Biden backs her, but not everyone’s on board. The crypto industry, in particular, has made it clear they want her out. Let’s explore why crypto world does not want to see Crenshaw SEC renomination. A Term Extension That Sparks Controversy If confirmed, Crenshaw’s new term would run through June 2029. That’s a big deal. Originally appointed by President Trump, Crenshaw’s record includes a strong stance on crypto regulation. She’s called the crypto market a…

MetaHub Partners with VisionGame to Strengthen Web3 GameFi Ecosystem

GameFiDec 12

MetaHub has announced its new partnership with VisionGame. This collaboration aims to enhance the Web3 GameFi space, benefiting developers, players, and users. This was posted on the MetaHub X page, to give a preview of the importance of this strategic action. 🚀 PARTNERSHIP ANNOUNCEMENT 🚀 MetaHub x VisionGame 🤝 We are excited to announce our partnership with @visiongame_ 🎮VisionGame empowers developers, players, and users by creating an ecosystem that meets the diverse demands of the #GameFi space. As a dedicated ecosystem at… pic.twitter.com/uDlbwKt3cs — MetaHub Global (@MetaHubGlobal) December 11, 2024 MetaHub and VisionGame Strengthen GameFi Infrastructure VisionGame has extensive coverage…

Analyst Who Predicted 2024 Bulls Correctly Shares Bitcoin Price Prediction for 2025

BitcoinDec 12

Known for his accurate market calls, Fundstrat Global Advisors co-founder Tom Lee has released his 2025 outlook that predicts significant gains for Bitcoin. According to Lee, there are two key factors supporting higher growth next year: the Fed’s easing as inflation falls and the incoming Trump administration’s pro-business policies. While the Fed is expected to focus more on employment as inflation is brought under control, potential policy changes from the new administration could boost corporate earnings growth, Lee explained. Lee, a longtime Bitcoin bull, predicts the largest cryptocurrency could rally to $250,000 by 2025. Bitcoin surpassed $100,000 for the first…

Chinese Nvidia probe could start Trade War 2

RegulationDec 12

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. US equities pulled back Monday, easing off last week’s gains as geopolitical tensions, a looming rate decision from the Fed and pending inflation data come to a head. The S&P 500 and Nasdaq Composite indexes dipped after Monday’s open, each trading 0.4% lower at 2:15 pm ET. The share price of Nvidia — Big Tech’s darling that has surged almost 200% this year — slipped on Monday on news that China opened a probe into the chipmaker on suspicions of anti-monopoly law violations. The investigation comes…

28 Million XRP Dump Stuns Ripple Community

AltcoinsDec 12

The XRP price has failed to rally higher, even though the broader crypto market is fueled with strong bullish momentum. One possibility behind this lackluster performance may be the negative sentiment among XRP supporters and investors. The market has been witnessing selling activities from XRP whales. According to Whale Alert, an XRP whale has transferred about 28 million XRP tokens from their private wallet to Bitso, a Mexico based crypto trading platform. The estimated value of these tokens is worth around $15 million, based on the XRP price at the time of the transaction. Such huge transfers are known to…

What Happens Next if The New Administration Drops The Appeal

LegalDec 12

President-elect Donald Trump has selected Paul Atkins, former SEC commissioner, to lead the SEC. Atkins is set to replace outgoing SEC Chair Gary Gensler. Many are hopeful that Atkins will undo the damage caused by Gensler, whose leadership led to a loss of trust in the SEC. Retail and institutional investors alike were frustrated under Gensler’s rule, which some believe was influenced by anti-crypto forces like Elizabeth Warren and the banking cartel. One of the key cases that has drawn significant attention is Ripple vs. SEC, which began in 2020. With the recent appointment of Paul Atkins as SEC Chairman,…