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.

Eric Trump's Plan For Tax-Free US Cryptos

LegalDec 12

In a crypto conference held in Abu Dhabi, President-elect Donald Trump’s son made a statement that the Trump administration is planning to make certain American cryptocurrencies like $ALGO, $ADA, $XRP and $HBAR, completely tax free according to Shawn, a well-known influencer in the crypto community. Eric Trump announces to make American cryptocurrencies tax free (Source: X Post) Tax-Free Cryptos: A Big Win for U.S. Investors According to the influencer, Shawn, Eric Trump’s plan would remove taxes on the above stated specific American cryptocurrencies, which would in turn attract investors. Whereas, on the other hand, non-American cryptocurrencies will have to pay…

Why It’s Not Too Late to Invest in Bitcoin

BitcoinDec 12

For years, Bitcoin skeptics have watched from the sidelines, waiting for a moment to join the ride, only to convince themselves that they’ve already missed the boat. However, the reality tells a different story. Not only is it not too late, but Bitcoin continues to prove itself as a superior investment option compared to traditional assets—whether you have $25 a week to spare or millions to allocate. Bitcoin Magazine Pro has a free portfolio analysis tool, Dollar Cost Average (DCA) Strategies, which enables investors to measure Bitcoin’s performance against other leading assets like gold, the Dow Jones (DJI), and Apple…

The first AED stablecoin receives approval from Central Bank

RegulationDec 12

The first AED (UAE Dirham) stablecoin has been approved by the Central Bank of the UAE and is set to launch soon. In an X post, AE Coin noted that it will be the first local stablecoin to be accepted after the central bank released its payment token services framework. As per the announcement on Khaleej Times, a local UAE newspaper, the AE Coin is expected to revolutionize the financial services landscape. It promises an instant, secure, stable, innovative, low-cost, and efficient payment experience that will reshape the future of the digital economy. A few months earlier the AE Coin…

Dogecoin Whales Buy 899% More DOGE Amid Meme Coin Price Increase

AltcoinsDec 12

Popular meme cryptocurrency Dogecoin (DOGE) has not been out of the headlines for days now, and while much of it has been about the excellent performance of the DOGE price, the last few days have also been about what is going on with Dogecoin behind the scenes. According to data from IntoTheBlock, net inflows of the meme cryptocurrency into wallets holding at least 0.1% of the Dogecoin supply in circulation have increased by an impressive 899% over the past 24 hours. This brings the cumulative number of DOGE bought by whales, minus coins sold, to 527.3 million coins, equivalent to…

‘More rogue than Gensler’ – Ripple’s CLO calls out SEC’s Crenshaw

LegalDec 12

Ripple’s CLO, Stuart Alderoty sparked a heated debate, calling US SEC Commissioner Caroline Crenshaw “even more rogue than Gensler.” This comes as the Housing and Urban Affairs Committee is scheduled to vote on Wednesday over Caroline Crenshaw’s continuation as an SEC commissioner. President-elect Donald Trump recently announced the nomination of pro-crypto Paul Atkins to chair the US SEC after Gary Gensler announced the end of his tenure. However, Commissioner Crenshaw has faced some heat from the crypto industry as they have labeled her even more anti-crypto than Gensler. Ripple’s CLO slams SEC’s Crenshaw Stuart Alderoty, in an X post, agreed…

Who falls first in the trillion dollar gamble? Bitcoin or MicroStrategy?

BitcoinDec 12

The war between Bitcoin and MicroStrategy is heating up. The company’s entire strategy, and perhaps its existence, is tied to Bitcoin’s unpredictable market. With a trillion dollars on the line, the stakes couldn’t be higher. MicroStrategy has dumped $25.6 billion into Bitcoin since 2020, scooping up 423,650 BTC at an average price of $60,324 per coin. The company, once known for its software, now holds 2% of all Bitcoin in circulation. With Bitcoin trading at over $100,000 this week, those holdings are worth $42 billion. Michael Saylor, MicroStrategy’s co-founder and executive chairman, has become Bitcoin’s loudest megaphone. His “21/21 Plan”…

An AI-Based Investment Project That Aims to Upend Silicon Valley

RegulationDec 12

AI16z DAO is flipping the script on how crypto communities invest, govern, and operate—whether for the memes or for the untapped potential of relying on AI to make data-driven, non-subjective financial decisions. As of this writing, the project's AI16Z token has a market cap of over $500 million, per CoinGecko data. Launched in October 2024, the project has nothing to do with Marc Andreessen or the rest of the a16z crew other than the name. However, the VC giant is likely aware of and royally pissed off by possible confusion created by the name. 😳 erm, partners? you're gunna wanna…

What Can You Do With $96? Smart Trader Invested In This Altcoin, Turned $96 Into $3 Million!

AltcoinsDec 12

Investors are turning to memecoins with the desire to make more money faster. Sometimes the memecoin story ends with big losses, but this investment story ended with millions of dollars. According to Lookonchain's post, a trader increased his $96 investment to $3 million in one year. This trader, who evaluated the effects of the US elections well, invested in TRUMP from PolitiFi tokens. Accordingly, the trader bought 608,650 TRUMP tokens with just $96 on August 12, 2023. The trader, who started selling TRUMP tokens today, first sold 6,000 TRUMPs worth $30,000. He still has $3.06 million worth of TRUMP tokens.…

South Korean Court Upholds Hancom Crypto Scandal Verdict

LegalDec 12

A South Korean court denied the appeal of the Hancom Group chairman’s son, upholding his prison sentence for creating slush funds using crypto. Specifically, the court had sentenced Kim’s son to prison, convicting him for creating and using slush funds worth 9 billion won ($6.29 million) with virtual assets. The court dismissed the suspect’s appeal and upheld the original judgment. It also denied another appeal from the CEO of Arowana Tech, a cryptocurrency management company facing similar charges. This case stems from an issue from about three years ago when Kim’s son and another executive from a Hancom Group affiliate…

Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt

MiningDec 12

Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million. These ASIC models will feature a combination of immersion, air-cooled, and hydro-cooled systems, aiming for efficiency. The announcement shared with Bitcoin.com News says the agreement supports Microbt’s expansion in the U.S., where it has started assembling mining equipment domestically. Bitmain, Microbt’s competitor, has also jumped into the…