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.

$5 Billion Crypto Unlock Could Shake Markets This October

AltcoinsDec 11

Nearly $5 billion worth of cryptocurrency will be unlocked on October 24th, with major tokens like Celestia (TIA), EIGEN, and Solana (SOL) among the largest contributors. According to data from Tokenomist, TIA leads this event, releasing $1.11 billion worth of tokens into circulation. This major unlock has caught the eye of traders, especially those closely watching TIA’s price movements. One trader observed that TIA has been performing well, with a possible target price of $7 over the coming days if the positive trend continues. However, he also pointed out concerns about high funding rates, possibly influenced by the upcoming unlock,…

Bitcoin Exchange OKX Announced Listing This Altcoin in USDC Pair!

ExchangesDec 11

Global cryptocurrency exchange OKX has announced the addition of the MOVE/USDC trading pair to its spot trading platform, supporting the growth of the USDC ecosystem and meeting the diverse needs of its users. OKX to Introduce MOVE/USDC Spot Trading Pair with Special Auction Mechanism The launch will include a call auction mechanism and trade assurances to manage price volatility. Key Details of the Launch The call auction for the MOVE/USDC pair will take place between 17:30 and 18:30 on December 9, 2024. This mechanism allows for the accumulation of orders before the market opens to ensure smoother price discovery. Spot…

Christie’s sells it’s first Bitcoin Ordinal made by Ryan Koopmans and Alice Wexell

BitcoinDec 11

A digital art piece inscribed on Bitcoin’s Ordinals protocol titled “Ascend” has been sold for $57,450 at Christie’s Post-War and Contemporary Art Day, beating it’s low estimate of $39,000. Ryan Koopmans and Alice Wexell’s Bitcoin Ordinal “Ascend” was sold at a £44,100 or equal to $57,450 on Oct. 10 at Christie’s Post-War and Contemporary Art Day sale. The piece was initially estimated to sell at a price of £30,000 or $39,222. This is the first time that a Bitcoin Ordinal has been featured in a live auction at Christie’s, one of the world’s oldest and most storied auction houses founded…

Crypto Trader Nets Over 335,000% Profits on New Solana-Based Memecoin in Just Five Days: Lookonchain

AltcoinsDec 11

A crypto whale is looking at a massive multi-million dollar gain on a Solana (SOL)-based memecoin after just five days. According to on-chain data tracker Lookonchain, a deep-pocketed investor turned $727 worth of Goatseus Maximus (GOAT) into $2.44 million. “This guy sold all 15.15 million GOAT [October 15th], turned five SOL ($727) into 15,883 SOL ($2.44 million) in just five days, a 3,176x return! Interestingly, he named himself ‘stupidmoney.sol’.” Lookonchain also spotted another savvy investor who is looking at $2.8 million in profits after buying more than 10 million GOAT on October 11th. “This smart money made $2.88 million (+3,360%)…

Binance unveils new Binance Wallet with updated ‘seamless’ features

ExchangesDec 11

Binance unveils a new version of the exchange’s wallet, the Binance Wallet. The new wallet is equipped with upgraded features including a unified wallet, revamped airdrop zone and a new interface. In a notice published on Dec. 9, Binance has rebranded its old Binance Web3 Wallet into the Binance Wallet, a new upgraded version that promises to make the web3 experience more seamless with a series of new updates that will be rolled out in several stages. This batch of upgrades emphasizes the “Seamless” theme, designed to make the platform easier to navigate, with features meant to enhance asset management,…

Coinbase Premium Hints at Confidence Amid Bitcoin (BTC) Volatility

BitcoinDec 11

With the volatility in the price of Bitcoin (BTC), different metrics now play a key role in judging what traders should expect next. One invaluable tool during this period remains Coinbase Premium, a metric that clearly defines the two extremes of Bitcoin's price. CryptoQuant Founder Ki Young Ju mapped out these two extreme price levels for the coin in his recent post on X. Defined Bitcoin support level Coinbase Premium is a metric that tracks the price difference of Bitcoin between Coinbase Pro (USD pair) and Binance (USDT pair). According to Young Ju, Bitcoin has moved sideways since March. Based…

Floki Trading Bot Enhances Deflationary Model with Buy/Burn Upgrade

AltcoinsDec 11

The Floki Trading Bot has officially launched its buyback and burn mechanism to reinforce the deflationary model that drives the FLOKI ecosystem. After resolving initial technical challenges that delayed the feature since the bot’s mainnet launch, all trades conducted through the bot will contribute to purchasing and burning FLOKI tokens. FLOKI TRADING BOT BUY/BURN CONTRACT UPGRADE IS LIVE The highly anticipated buy/burn mechanism of the Floki Trading Bot is now live after overcoming initial technical hurdles that prevented it from working since the mainnet launch of the bot. From today, all trades conducted… pic.twitter.com/rvaL7Dk3PO — FLOKI (@RealFlokiInu) October 18, 2024…

Coinbase Gives Partial Positive News This Time For Altcoin Shaken By Its Delist Decision

ExchangesDec 11

Coinbase, the largest cryptocurrency exchange in the United States, recently decided to delist Celo (CELO), which was planning a migration from its layer 1 blockchain feature to a layer 2 blockchain feature. The exchange had given its users until January 13, 2025 to withdraw their funds from the exchange. However, there were some unexpected developments after this announcement. Celo postponed the migration decision to a later date in 2025. Along with the postponement decision, Coinbase also published a new announcement, stating that the delisting decision has also been postponed and that Coinbase will continue to evaluate Celo's future on the…

Uquid Teams Up with ARPA for a Secure Web3 Shopping Day

BlockchainDec 11

Uquid, leading Web3 shopping infrastructure, has partnered with ARPA Network, a leader in privacy-preserving computation, for an exclusive Web3 Shopping Day. The event, supported by notable blockchain players like Binance Pay, Tron, and Gate Pay, aims to highlight advancements in decentralized commerce. Meet our partner for Web3 Shopping Day—@arpaofficial! ARPA Network leads in privacy-preserving computation, using cryptography to enhance security, fairness, and privacy in blockchain. Their innovation aligns perfectly with #Web3ShoppingDay’s vision for a secure, decentralized… pic.twitter.com/MVsd5T6fdT — UQUID – Web3 Shopping Infrastructure (@uquidcard) December 8, 2024 ARPA’s focus on cryptographic technology enhances security and fairness, aligning with Uquid’s mission…

18,000 Bitcoin Options Expiring with Max Pain at $62K Amid Weak Market

BitcoinDec 11

Bitcoin and Ethereum are on the verge of witnessing significant options expiries amid weak market conditions. Specifically, on October 11, approximately 18,000 Bitcoin options are set to expire, with a put-call ratio of 0.91. The max pain point for Bitcoin is $62,000, while the total notional value of the options expiring reaches $1.1 billion. Simultaneously, Ethereum faces the expiry of 212,000 options, with a put-call ratio of 0.4 and a max pain point of $2,450. The notional value of these Ethereum options is $510 million. 11 Oct Options Data 18,000 BTC options are expiring with a Put Call Ratio of…