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.

Shiba Inu (SHIB) Witnesses Mysterious $2 Million Whale Activity on Major US Exchange

AltcoinsDec 12

Leading U.S. exchange Coinbase has been hit by the withdrawal of billions of Shiba Inu (SHIB) tokens over the past 24 hours. According to Arkham Intelligence, an unknown whale using the address "0x12F72" has withdrawn 105.866 billion SHIB from Coinbase in the last 13 hours, equivalent to $1.99 million at current exchange rates. It occurred in three transfers, starting with a withdrawal of 13.29 billion SHIB or $253,330 from the Coinbase hot wallet. This was followed by a withdrawal four times the size of the first, with 67.257 billion Shiba Inu tokens leaving the leading U.S. exchange. The third and…

Bitcoin Leverage Finally Easing as Analysts Predict Imminent Recovery

BitcoinDec 12

Bitcoin prices are finally stabilizing after a turbulent period that led to a massive liquidation event that impacted thousands of traders. BTC’s value dropped from over $100,000 to $92,000 within 12 hours on Monday, erasing $1.7 billion in leveraged positions from nearly 584,000 traders. However, it has since rebounded, trading above $98,000, with a 2% increase today to $98,661. Bitcoin Market Seeing Drop in Leverage Amid the recovery, market data indicates a slowdown in volatility and a notable reduction in leverage across exchanges. According to CryptoQuant CEO Ki Young Ju, the BTC-USDT perpetual futures estimated leverage ratio has been steadily…

Clearpool and IX Swap Partner to Transform DeFi with RWA Tokenization and Lending

DeFiDec 12

Clearpool, a popular decentralized credit marketplace, has recently announced a strategic collaboration with IX Swap. The partnership aims to redefine real-world assets’ tokenization, leading to scalability, accessibility, and liquidity. Clearpool mentioned in its announcement that the collaboration with IX Swap leverages its pioneering expertise concerning RWA tokenization. In this respect, the platform intends to revolutionize the tokenization of the RWAs. Clearpool Revolutionizing DeFi with Tokenized Real-World Assets (RWA) A key component of this partnership is a Proof of Concept that goes against conventional norms. In addition to this, it creates a transformative agenda for the integration of RWAs within the…

Bank of Korea Governor doubts won will return to past levels

RegulationDec 12

South Korea’s won steadied at 1,428 per dollar on Tuesday following a turbulent week that saw the currency hit a two-year low of 1,442. However, the Bank of Korea’s governor is doubtful the currency will reach past levels where it surpassed the US dollar in international trades. In a recent meeting with lawmakers, cited by Yonhap News, South Korea’s central bank Governor, Rhee Chang-Yong, said the market remains in a “wait-and-see” mode. The news comes amid fears of political instability, which has seen the country’s government ban several officials from traveling out of the country, including embattled President Yoon Suk…

These Litecoin Metrics Surge to Monthly Peaks as LTC Price Rises Above $70

AltcoinsDec 12

Litecoin experienced a mini-run, with the price surging above $73 for the first time since July. Over the week, the crypto asset attracted 12% in gains. This marks its first notable breakout from Bitcoin and altcoins since the spring. Litecoin Poised for a Comeback? According to Santiment’s latest analysis, two key factors appear to be fueling this bullish trend in Litecoin. Litecoin is enjoying a nice mini run, jumping above $73 for the first time since July. This is its first mid-sized breakout from Bitcoin and altcoins since the spring. Two major factors are: ⚡️ LTC’s continued rise of on-chain…

Hamster Kombat loses another 18 million players since November

GameFiDec 12

The player count of Telegram game Hamster Kombat has fallen another 43% in the past month meaning that it’s down a whopping 277 million players since media outlets reported on its explosive growth back in the summer. Today, Hamster Kombat’s monthly player count stands at 23 million, down 18 million since Protos’ report last month. As recently as August, the game claimed to have 300 million players. CoinGecko indicates that volume for the token has also dropped from a 24-hour high of $1.5 billion on November 10, to around $52 million today — a nearly-97% decrease. The clicker game was…

Glassnode Data Highlights Bitcoin’s Changing Market Dynamics

BitcoinDec 12

Data from Glassnode, a financial metrics and analysis platform, shows a significant change in Bitcoin’s behavior in the current market compared to previous bull cycles. Glassnode’s post sheds light on how Bitcoin’s ROI, return on investment, since the cycle low of the last bear market compares with the previous cycles. According to Glassnode’s data, Bitcoin had a 5.90x ROI between 2015 and 2018, gaining nearly six times its initial price during the 2017-2018 bull cycle. The flagship crypto returned a higher profit during the following bull run, rising by 10.47x from its lowest level between 2018 and 2022. Read also…

Lista DAO Introduces sUSDX to Strengthen Liquidity Options

DeFiDec 12

Lista DAO has announced the inclusion of sUSDX in its Innovation Zone, marking a strategic expansion of its supported collateral assets. This integration allows users to deposit sUSDX as collateral to borrow lisUSD, unlocking liquidity and offering greater flexibility in decentralized finance (DeFi) operations. Welcome @usdx_money to our Innovation Zone! 🌟 Now, you can deposit sUSDX as collateral to easily borrow lisUSD and unlock liquidity! Also, earn stardust points and @usdx_money airdrop rewards! 🔗 Join now: https://t.co/uXwOIuBgd2 📖 Learn more: https://t.co/viFMJsx2R3 pic.twitter.com/R41DzDZicJ — Lista DAO (@lista_dao) December 10, 2024 The Innovation Zone is a specialized framework within Lista DAO designed…

Ubisoft Sets Launch for ‘Captain Laserhawk’ Game as Free NFT Mint Begins

NFTDec 12

Gaming giant Ubisoft, the publisher behind franchises like Assassin’s Creed and Just Dance, has pinned down the launch date for its upcoming game Captain Laserhawk: The G.A.M.E. on Ethereum layer-2 network Arbitrum. And a free NFT mint for the game is getting underway today. Set in a dystopian world inspired by the Netflix animated series "Captain Laserhawk: A Blood Dragon Remix"—which is based in part on a game in the Far Cry game franchise—the competitive, top-down multiplayer shooter will feature characters from hit series Assassin’s Creed, Rayman, and Beyond Good & Evil. The game's Niji Warrior NFT collection, which is…

Animoca Brands on track to end 2024 as a VC funding leader

RegulationDec 12

Animoca Brands has surpassed other VC funds both in number and money invested. The fund transformed from a game ICO and pivoted into supporting Web3, NFT projects, and additional games. Animoca Brands is on track to wrap up 2024 with double its average monthly investments. As the most active VC fund for months in a row, Animoca Brands has also expanded into 33 sectors for on-chain decentralized startups. Animoca Brands continued to keep its hand on the pulse of Web3, picking out high-profile projects like Pudgy Penguins. In the course of 2024, Animoca Brands continued its track record with new…