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.

Tucker Carlson Says Bitcoin Can Defund Government Control and Fuel Movements

BitcoinDec 11

Tucker Carlson believes Bitcoin can empower protests by allowing funding outside government control, unlike traditional banks. Carlson sees Bitcoin as a tool to challenge financial systems, but converting it into cash still poses challenges. The Bitcoin Amsterdam Conference highlights Bitcoin’s role in decentralization, with leaders like Jack Mallers and Elizabeth Stark sharing insights. Tucker Carlson shared his thoughts on Bitcoin’s impact on government control. He emphasized that digital currencies, particularly Bitcoin, could be essential in defunding centralized institutions’ power over money. This, he claims, could protect efforts to challenge government authority, including funding movements that can’t be defunded. Carlson argued…

Unwinding The Paradox Of Over-Collateralized Weakness In DeFi

DeFiDec 11

Collateral, and in particular over-collateralization, is a fundamental mechanism that’s necessary to secure all lending and borrowing activities in decentralized finance. Collateralization is essential for DeFi and the basic concept is simple enough. By depositing more capital than you intend to borrow, the process protects lenders from the risk of the borrower defaulting. The only benefit for borrowers was that collateral allows them to access loans in the first place, but newer protocols like Dolomite are emerging that can extend the benefits of over-collateralization to both sides. What is over-collateralization? In the DeFi ecosystem, protocols cannot utilize traditional credit scoring…

Here’s What Next for ETH After Getting Rejected at $4K

EthereumDec 11

Ethereum’s price is in a critical zone near $4K, facing resistance but also showing signs of consolidation. While the market remains bullish overall, short-term fluctuations within the $3.5K-$4K range are expected before a potential breakout or deeper pullback. Technical Analysis By Shayan The Daily Chart Ethereum has made impressive progress, surging toward the psychological $4K resistance region. This price level coincides with Ethereum’s yearly high and is a strong area of selling pressure. Recently, the rejection at this line has caused a slight decline, signaling that the resistance is proving difficult for buyers to overcome. After the correction, the market…

Shiba Inu Torches 11 Million SHIB as Burn Rate Jumps 367%

AltcoinsDec 11

Shiba Inu, the dog-themed cryptocurrency, has recorded a 367% jump in burn rate, sending over 11.5 million SHIB to dead wallets. According to Shibburn’s update, the burn occurred only in two transactions. Shiba Inu community efforts and SHIB supply overview Within the last 24 hours, the community incinerated a total of 11,696,177 SHIB to control the circulating supply. The first transaction saw 3,271,537 SHIB incinerated, and a second transaction occurred hours later. The second, more than twice the first, saw 8,424,639 SHIB sent to a dead wallet, completing the day’s transaction. As it stands, Shiba Inu’s total supply is 589,268,792,658,296,…

Gains Abu Dhabi Crypto Licence

ExchangesDec 11

Zodia Markets, backed by Standard Chartered, has received a new operational licence from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage. Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited. Targeting the Middle East “Digital asset adoption continues to accelerate across Africa and the Middle East (AME), which makes this the ideal time to deepen our presence in the region while reiterating our commitment to building in major financial hubs worldwide,” said Ayad Butt, Senior Executive…

Optimism’s Jing Wang and the Widely Adopted OP Stack

BlockchainDec 11

Ethereum (ETH), the largest smart-contracts blockchain, for years has had a scalability issue. As more users joined the Ethereum ecosystem, the network became more expensive and slower to use. To solve part of that issue, starting in 2019, Ethereum community members came out with their own scaling solutions, called layer 2s, or rollups. Optimism (OP) was one of the first on the market. Now, Optimism’s technology is widely used by many entities to create their own layer-2 networks. In 2024, Kraken, Uniswap, World Network (formerly Worldcoin) and Sony’s Blockchain Lab all tapped Optimism’s tech to create their own scaling blockchains.…

Bitcoin Price Makes Crucial Breakout, While Fear Enters Cryptocurrency Market

BitcoinDec 11

The price of major cryptocurrency Bitcoin (BTC) is once again the main attraction, as it always is, to be honest. New day, new reason, and this time it is the fact that the price has made its way back above the crucial level of $60,000 per BTC. Having lost this point during the news-driven massacre on the cryptocurrency market worth at least $180 million yesterday, the price of Bitcoin briefly found itself as low as $58,946, according to the Binance chart. However, buyers showed their hand, and over the next 12 hours, this imbalance, as they see it, was restored,…

Analyst Predicts $AAVE Could Hit $1,000 as DeFi Adoption Grows and Deposits Surge

DeFiDec 11

Aave’s deposits tripled in 2024, reaching $36B, signaling growing user trust and adoption of DeFi platforms like $AAVE. Analyst Hitesh Malviya sees $AAVE hitting $1,000 if it matches the valuation metrics of traditional banks like HDFC. Late 2024 spikes in deposits and fees show rising market confidence as Aave bridges DeFi and traditional finance. Analyst Hitesh Malviya thinks Aave’s token is cheap when compared to conventional banks. Net deposits and fees on the well-known decentralized finance platform Aave increased in 2024. He notes that its value in relation to deposits is less than that of banks such as HDFC Bank…

Fashion Label 9dcc’s ‘Black Box’ Offers Mystery Apparel—And a CryptoPunk Prize

NFTDec 11

9dcc, the on-chain fashion label founded by pseudonymous crypto personality and investor gmoney, is preparing to release its latest project, the 9dcc Black Box, on December 18. The drop, limited to 2,750 NFTs minted on Ethereum layer-2 network Base, is being billed by the crypto-native luxury brand as a blend of fashion, blockchain technology, and mystery. Each 9dcc Black Box promises a mix of digital and physical rewards. Buyers might find an item from the label’s Collection-01, which ranges from baseball caps to jackets. These pieces, which combine traditional materials with NFC chip technology, aim to bridge the gap between…

Ethereum TVL Adds $7.79 Billion in a Week, Surpasses Solana and Tron’s Growth

EthereumDec 11

Ethereum’s Total Value Locked (TVL) has surged by an impressive $7.79 billion over the past week, marking it as the blockchain with the highest growth in TVL during this period. This significant development coincides with the temporary rise of the ETH price to $4,000, indicating renewed investor confidence in the cryptocurrency. The blockchain is not the only one that has had notable growth. However, according to recent data, no other project has experienced Ethereum’s level of growth. Confidence in Ethereum Reaches New Heights On December 2, the Ethereum TVL was a little less than $70 billion. But today, the metric…