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.

JUST IN! Binance Announces New Altcoin to Airdrop and List!

ExchangesDec 11

The world's largest cryptocurrency exchange Binance has introduced the second altcoin for its Binance HODLer Airdrop program and announced it as Movement (MOVE). Binance later added that it will list Movement (MOVE) on 09.12.2024. “Binance is excited to announce that the third project in the Binance Airdrops program is Movement (MOVE). Movement (MOVE), the first Move-EVM L2 for Ethereum, brings the security features of Move to Ethereum. Users who subscribe their BNB to Simple Earn Flexible or Locked products between 2024-12-02 00:00 (UTC) and 2024-12-05 23:59 (UTC) will receive airdrop distribution. The MOVE HODLer Airdrops page is expected to be…

Michael Saylor Mystifies BTC Community with ‘Sons of Bitcoin’ Message

BitcoinDec 11

Michael Saylor, the co-creator and currently the executive chairman of MicroStrategy business intelligence firm, has taken to his account on the social media network X (formerly known as Twitter) to send a mysterious Bitcoin message to the millions of his followers. "The Sons of Bitcoin" Bitcoin evangelist Saylor published an AI-generated image of himself with an orange and white symbol of Bitcoin over his face. This picture very much resembles the famous art work by René Magritte called The Son of a Man. Similarly to that painting, Saylor is wearing a suit, dark coat and a bowler but instead of…

Stablecoin Trading Startup Perena Tries Its Luck on Solana

RegulationDec 11

Solana Foundation's former stablecoin lead Anna Yuan has left the mothership to build her own startup catering to the fast-growing crypto subsector. The company building Perena, a stablecoin trading infrastructure project, raised "around $3 million" in a pre-seed funding round led by Borderless Capital, Yuan told CoinDesk in an interview last month. Perena isn't solely focused on launching another stablecoin. Instead, it's creating on-chain systems that allow the seemingly endless droves of other stablecoin newcomers to have good trading liquidity, even in nascency. That's the funny thing about stablecoins. While their exact backing recipes may slightly differ, most every stablecoin…

Pi Network Gears Up for Mainnet with Node Version 0.5.0 Release

AltcoinsDec 11

Pi Network has taken a major step towards its much-anticipated mainnet launch with the release of Pi Node Version 0.5.0. This update marks a crucial milestone in the project’s roadmap, signaling that the transition to a fully operational blockchain network is drawing closer. The latest version introduces Testnet2, a new blockchain environment designed to simulate the conditions nodes will encounter on the mainnet. This move allows node operators to familiarize themselves with the upcoming changes and ensures a smoother transition when the mainnet goes live. Pi Network taking a measured approach While pushing forward with node development, Pi Network is…

eToro and Centroid Continue Middle East Expansion with Local Products

ExchangesDec 11

eToro and Centroid Solutions are actively adding products from the Middle Eastern financial markets. While eToro signed an agreement with the Abu Dhabi Securities Exchange (ADX) to include several ADX-listed stocks on its platform, Centroid integrated Aljazira Capital to offer its clients access to the Saudi financial markets. The Rush to Add Middle East-Specific Products Recently, NAGA Group also included stocks listed on the exchanges of the United Arab Emirates and Saudi Arabia. This was followed by Scope Markets, which enabled access to the Dubai and Abu Dhabi markets through two new equity indices. Cristian Vlasceanu, CEO of Centroid Solutions,…

Is BTC Finally Ready to Conquer $100K After Recent Corrections?

BitcoinDec 11

Bitcoin’s price is still struggling to rise above the $100K level after just wicking above it last week. Yet, the market structure indicates that it could only be a matter of time. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the price has been gradually climbing over the last few weeks as the market has slowed down following the breakout above the $90K level. Yet, while BTC briefly traded above $100K last week, it has not been able to continue higher or stay above this level. Meanwhile, as the market structure remains bullish and the…

Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund

RegulationDec 11

The Hong Kong Treasury Department does not consider crypto to be a ‘target asset’ for the nation’s Exchange Fund, even though it does invest a small portion of funds into crypto assets. According to local media outlet On CC, Hong Kong Councilor Johnny Ng suggested that the government should consider adding cryptocurrencies into its fiscal reserves. Ng said that the government could use the Hong Kong Exchange Fund to hold and buy crypto assets. Secretary for Financial Services and the Treasury, Joseph Chan responded to Ng’s request with a written letter, explaining that crypto assets are not the “target asset”…

Crypto Whales Bought These Coins in the Third Week of October 2024

AltcoinsDec 11

This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins. Bitcoin (BTC), Notcoin (NOT), and Dogecoin (DOGE) have emerged as their top choices. Bitcoin (BTC) BTC currently trades at $67,871, noting an 11% price uptick over the past week. As the leading coin approaches its all-time high, BTC whales have steadily increased their coin holdings. Over the past seven days, crypto whales that hold between 10,000 and 1,000,000 coins have added 20,000 coins valued above…

The price of Bitcoin (BTC) has already reached the maximum of this cycle?

BitcoinDec 11

After a month marked by enthusiasm, Bitcoin (BTC) is approaching critical price levels that warn investors of a potential bear. The world’s n°1 cryptocurrency has dropped by about 5% from the highs at 104,000 dollars and now it could reverse its short-term structure. The fractal of the Bitcoin chart compared to gold suggests a possible 35% drop from the highs, which would coincide with the beginning of the cold bear market. Have we truly reached the top of this market cycle, or are there still pleasant surprises awaiting us in the coming months? Bitcoin (BTC) price down 5% from highs:…

NFTs’ role in the preservation and reinterpretation of art

NFTDec 11

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In recent years, non-fungible tokens have sparked a lively debate in both the art world and broader cultural discussions. From their role in high-value digital art sales to their perceived association with speculative bubbles, NFTs are often viewed through a polarized lens. You might also like: Museums, AI-generated art, blockchain, and NFTs | Opinion Yet, beneath the buzz and controversy lies a transformative technology that revolutionizes how we preserve, authenticate, and engage with art and culture. NFTs…