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.

Pundit Says XRP May Never Be This Low Ever Again

AltcoinsDec 12

Notable community commentator “CryptoTank” has warned that XRP may not trade below $1 again, arguing that “big things” are on the horizon. CryptoTank conveyed this sentiment in a post on X today, encouraging market participants to continue accumulating more XRP tokens. He based his bullish outlook on key upcoming events around the payment firm Ripple. First, he pointed out that Ripple’s chairman, Chris Larsen, and CEO, Brad Garlinghouse, will be speaking at a Federal Reserve meeting on Tuesday, October 22. As Crypto Eri, a respected figure in the community, previously disclosed, the Ripple executives will feature at the 8th Annual…

“There are Two Scenarios Ahead…”

BitcoinDec 12

Bitcoin’s recent surge past $100,000 has sparked discussions about its future trajectory, with prominent finance YouTuber Matt Kohrs suggesting that BTC could reach $250,000 in the near-term. Speaking on the Matt Kohrs Show, he expressed optimism about Bitcoin's potential due to the favorable macroeconomic environment and the growing interest in digital assets. Data from financial research firm Luthold Group suggests that riskier assets including Bitcoin and gold are likely to outperform traditional 60/40 stock and bond portfolios through 2024. Kohrs, known for his in-depth study of market trends, laid out two potential scenarios for the future of Bitcoin: It solidifies…

Gelato Network Integrates Factor.Fi Enabling Automated Strategies in DeFi

DeFiDec 12

Gelato Network has announced a strategic partnership with Factor.Fi, a decentralized platform that enables developers to develop new DeFi products. Through the collaboration, Gelato Network and Factor.Fi created a new DeFi environment that enables users to automate and simplify decentralized finance trading. Gelato, a blockchain-based platform that automates smart contracts on various blockchains, disclosed the development through its X account. The integration is a good example of what is popularly known as composability, a trend that is transforming the DeFi world. Gelato Functions Automate DeFi Strategies on Factor!@Factor_fi merges Lego's creativity & Shopify's e-commerce logic into a single DeFi Composability…

Sei Network Welcomes MoonPay for Seamless Crypto Transactions

AltcoinsDec 12

MoonPay’s integration with Sei Network simplifies crypto purchases, supporting multiple payment methods like Apple Pay and PayPal. Sei Network’s v2 upgrade boosted daily transactions to 5 million and increased total value locked by 229%. Officially integrating with Sei Network, MoonPay has streamlined crypto transactions for users. Using debit or credit cards, Apple Pay, Google Pay, PayPal, and bank transfers, users may easily top up their wallets using this interface. For people who might find conventional crypto buying options difficult, specifically, this represents a major step forward in streamlining access to cryptocurrency. MoonPay is now live on Sei! With @moonpay, accessing…

Why Can't Bitcoin Rise? Why Did the Rally Stall? Analyst Explains Overlooked Reasons!

BitcoinDec 12

Although Bitcoin (BTC) has surpassed the critical level of $ 100,000, the cryptocurrency market has been dominated by declines in recent days. At this point, while the BTC price has been moving in a price range of $90,000 to $100,000 in recent weeks, the experienced analyst explained why the Bitcoin price has not been able to rise. Slow liquidity inflows and Nvidia’s stalled rally could be holding back Bitcoin’s rally, 10X Research founder Markus Thielen wrote in a note to clients. First of all, Thileen stated that the liquidity flow to the cryptocurrency market through channels such as spot Bitcoin…

Stablecoins Becoming Increasingly Viable as Staking Collateral, Research Shows

DeFiDec 12

The research, which focuses on Circle’s USDC stablecoin, is part of a series of posts on restaking by crypto research firm Gauntlet. USDC Provides Unique Benefits as Restaking Collateral Restaking – the practice of staking cryptocurrencies like ether (ETH) on multiple protocols to generate additional yield – can now be accomplished with ERC20 tokens, including popular stablecoins such as USDC. Ethereum research firm Eigen Labs, the company behind restaking platform Eigenlayer, announced ERC-20 token restaking in August. But why would a node operator hold a stablecoin as collateral instead of another type of token – typically a much more volatile…

Bitcoin Miners Cipher, CleanSpark and MARA's Upgraded at JPMorgan

RegulationDec 12

Wall Street giant JPMorgan (JPM) turned more bullish on some bitcoin (BTC) mining stocks in its coverage following third quarter results and recent gains in bitcoin price and the network hashrate, the bank said in a report on Tuesday. The bank upgraded Cipher Mining (CIFR) and CleanSpark (CLSK) to overweight from neutral. JPMorgan also introduced a new price $8 price target for Cipher, and raised its CleanSpark price target to $17 from $10.50. MARA Holdings (MARA) was also upgraded to neutral from underweight and raised its price target on the stock to $23 from $12. The U.S. bank downgraded IREN…

'Solana Killer' Aptos (APT) Celebrates 1.7 Billion Transaction Milestone

AltcoinsDec 12

Aptos (APT) is celebrating two years of operations, and the protocol has outlined several of its achievements during this period. The record of 1.7 billion transactions on the blockchain is among its most profound milestones. Multiple achievements on Aptos blockchain In an X post, the popular “Solana Killer” recounted the last two years while highlighting its goals for its third year. Aptos has accumulated over 27.7 million all-time active addresses in this period, reflecting the network's traction. The peak transactions per second value during this time is 13,367. Happy Birthday, Aptos! In just two years, here's what we have accomplished…

$440 Million in Nine Days: Bitcoin Not Done

BitcoinDec 12

Bitcoin's resilience has been demonstrated once more by the consistent inflows into spot ETFs. A record $440 million net inflow was recorded by Bitcoin spot ETFs on Dec. 10, the ninth day in a row of steady inflows. With Fidelity's FBTC ETF coming in second with $210 million daily inflow and BlackRock's IBIT ETF leading the way with $296 million daily inflow, this momentum shows that BTC still has some resources for growth. The steady flow of institutional investments shows growing faith in Bitcoin's potential, particularly as regulations surrounding spot ETFs become more clear. The price of Bitcoin receives a…

Understanding Flash Loans and Their Unique Mechanism

DeFiDec 12

Flash loans can be described as groundbreaking within decentralized finance (DeFi) space. They can be described as a peculiar financial instrument created due to the use of blockchain. These loans are revolutionizing how business transactions can be made. Flash loans are unlike typical loans which are unsecured, and the reimbursement happens simultaneously with the transaction on the blockchain. This opens more opportunities for users of DeFi to engage themselves and the DeFi protocols in different ways. What Are Traditional Loans? In order to explicate flash loans, one has to begin with the conventional loans. There are two main types: secured…