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.

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…

3 cryptocurrencies to avoid trading next week

AltcoinsDec 12

“Uptober” is playing out for Bitcoin (BTC) and altcoins, with indicators suggesting crypto’s bull market is back after seven months. Yet, some cryptocurrencies will perform better than others, bearing significant risks that pose a threat that traders should avoid. One of the most significant risks for legitimate projects is related to liquidity and potential massive selling pressures. In particular, upcoming token unlocks can suddenly increase a cryptocurrency’s supply, diluting investors’ holdings and potentially flooding the spot markets. All things considered, Finbold retrieved data from Tokenomist on October 18, warning of three proportionally massive unlocks for small-cap cryptocurrencies. In the next…

Treasure Launches New Ethereum Gaming Chain With ZKsync, Leaving Arbitrum

GameFiDec 12

Crypto gaming ecosystem Treasure has launched its new Ethereum layer-2 scaling network, marking its departure from Arbitrum. This move will see the project build on a network tailor-fit to its gaming-specific needs, opening what it says are new possibilities for gamers. Treasure’s newly launched Ethereum layer-2 network is part of ZKsync’s Elastic Chain—a network of interoperable zero-knowledge rollup chains—and will natively use the project’s MAGIC token. As a result, over 15 games, hundreds of thousands of NFTs, and tokens must be migrated from Arbitrum, with users able to do so using the Hyperlane bridge. The project brands itself as a…

Here’s Why The Bitcoin $100K Price Milestone Favors Gold

BitcoinDec 12

Bloomberg commodity strategist suggests the recent Bitcoin price growth amid its ETF milestones could actually favor gold. Following Bitcoin‘s recent $100,000 price milestone, the crypto market is largely optimistic, with most setting their sights on new upward targets. However, amid the wave of excitement, one Bloomberg analyst has offered a different outlook. Be Careful What You Wish for? For a long time, Bitcoin proponents have tried to sell the asset to traditional investors as gold, only more liquid and accessible 24/7. With the launch of spot Bitcoin ETFs in the U.S. in January 2024, this narrative is now taking root.…