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.

Dogecoin Creator Made $720,000 This Year From Selling DOGE

AltcoinsDec 10

With his proceeds from the sale of tokens he was given recently, Dogecoin creator Billy Markus — also referred to as Shibetoshi Nakamoto — has had an interesting year. The same Dogecoin holdings that he infamously sold for just $10,000 in order to purchase a car back in 2015 would now be worth over $9 million and at their peak they would have been worth over $45 million. Billy Markus has stayed involved in the cryptocurrency space even though he sold his DOGE years ago. He has made several wallets to take tips in different tokens over the last 12…

Ending the Treasury Department’s Regulatory Overreach on Crypto Mixer Tornado Cash

LegalDec 10

Cryptocurrency users who crave privacy protections had a lot to be thankful for this past Thanksgiving. Two days before the holiday, a unanimous three-judge panel of the Fifth Circuit ruled that the Treasury Department’s Office of Foreign Assets Control (OFAC) had acted in an arbitrary and capricious manner not supported by substantial evidence when it “overstepped its congressionally defined authority” in sanctioning “Tornado Cash’s open-source, self-executing software” instead of “the rogue persons and entities who abuse it.” In plain English, Congress didn’t give OFAC the power to do what it did: sanction software code owned by no one. But let’s…

Mobile Shoot ‘Em Up Game ‘Zoppel’ Launching on Ethereum Network Skale

GameFiDec 10

Skale Labs and Sequence are teaming up to help support a series of upcoming blockchain games, with the first game benefiting from the collaboration—mobile shoot ‘em up game Zoppel: The Legend of Furiax—set to launch its alpha test on the Skale network next week. Zoppel, a vertical spaceship shooter, will debut in alpha on Android and iOS on December 15, kickstarting the collaboration. The game is based on an original science fiction IP, and is flanked by a graphic novel that is set to begin shipping in January. Skale Labs is the development team behind Skale, an Ethereum layer-2 scaling…

Why Bitcoin’s 4% October Decline May Signal More Volatility Ahead

BitcoinDec 10

Bitcoin’s 4% decline in October 2024 breaks its historical trend of positive performance in this month. October has traditionally been a strong month for Bitcoin, with an average return of 20.60%. Current market conditions and potential political and economic events may influence Bitcoin’s performance for the rest of October. BTC has been particularly favorable in October, having posted negative returns only twice in the full 11 years of its existence. Today, being in its 12th year, bitcoin is 4% down for October. This is rather peculiar given the fact that, with a few exceptions, Bitcoin reacts positively to the beginning…

the claims of next week

AltcoinsDec 10

Let’s look at the most important updates at the moment in the field of crypto airdrops for the most daring hunters. For the next week, several developments are expected, such as the claim of some tokens that are about to land within the crypto market. There are also some free blockchain interactions to try, with which you can qualify for future distributions. All the details below. Crypto airdrop of the Ethereum ecosystem: the Scroll claim is coming Grass releases checker for the distribution of its own token: what other free airdrops to farm? AlienX announces the launch of the crypto…

SEC rejecting Solana ETFs is Gensler's 'parting gift' to crypto industry – Bloomberg analyst

LegalDec 10

The US Securities and Exchange Commission (SEC) will reportedly reject two spot Solana (SOL) exchange-traded funds (ETF) applications, according to Bloomberg ETF senior analyst Eric Balchunas. Balchunas said the rejections were Chair Gary Gensler’s “parting gift” to the crypto industry. Fox News reported Eleanor Terrett revealed sources at two Solana ETF issuers told her the SEC will not approve any new crypto-related ETF under Gensler. He is slated to step down on Jan. 20, 2025. Balchunas expects the issuers to file for the Solana ETFs again once Paul Atkins begins his term as SEC chair. President-elect Donald Trump confirmed Atkins…

Battle Royale Shooter ‘OverTrip’ Hits Epic Games Store After Solana Token Launch

GameFiDec 10

OverTrip, a colorful third-person battle royale shooter, has launched on PC via the Epic Games Store, marking the beginning of its third in-game content season. With this, the game has added a new “skill mode,” where players can wager real money on their performance, including the game's recently launched meme coin. The game is a multi-chain project, with its token launching on Solana, NFTs minted on the Ethereum mainnet, and plans to build on the Ethereum layer-2 network Soneium, which was developed by Sony in partnership with Startale. OverTrip launched its Solana token TRIP via Pump.fun on November 30. This…

$1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?

BitcoinDec 10

Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period. Undoubtedly, such a huge amount of BTC entering crypto exchanges is problematic, especially in terms of a bullish outlook for the cryptocurrency. 30,000 BTC Sold In 72 Hours According to Santiment data highlighted by crypto analyst Ali…

FLOKI and GALA Lead the Pack

AltcoinsDec 10

The latest statistics disclose a significant development in crypto projects in terms of social media-related activity. As per the data from the popular on-chain analytic firm Phoenix, $FLOKI, $FET, and $ICP are leading crypto projects on social media. The analytics provider shared the list of these projects on its official social media account on X. TOP #NFT PROJECTS BY SOCIAL ACTIVITY$FLOKI $FET $ICP $XTZ $VRA $SAND $AXS $IMX $GALA $W pic.twitter.com/kqlt016vTT — PHOENIX – Crypto News & Analytics (@pnxgrp) October 19, 2024 $FLOKI Tops the List of Crypto Projects Based on Social Activity As per the list, $FLOKI occupies the…

Elon Musk trolls Sam Altman following Sacks’ nomination as crypto and AI Czar

LegalDec 10

There seems to be no love lost between Elon Musk and Sam Altman. The former allies turned rivals have played out their differences in the public, indicating the depth of their rift. The most recent case involves a tweet from the Open AI boss and the SpaceX chief executive’s response. Altman had taken to X to congratulate president-elect Donald Trump’s AI and crypto policy chief nominee, David Sacks. Little did he know that the post would earn him ridicule from the world’s richest man. Yet he precisely got that, with the outspoken X owner and Trump ally responding with an…