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.

Turtle-themed Speedy, Bored Ape’s ApeCoin spike over 100%

AltcoinsDec 10

Meme coins Speedy and ApeCoin have both seen their prices pump by over 100% in the last 24 hours. According to current market data, Speedy (SPEEDY) — a meme coin launched on the Fantom blockchain by The GOAT Foundation — was among the top gainers on CoinGecko as of Sunday afternoon. The team behind Speedy, which includes experts in blockchain technology like Gonzales Spidorius serving as the CIO, saw the token spike over 150%. The coin’s all-time high hovers at around $0.03346; its all-time low was on Oct. 20, at $0.0007253. See the chart below. Chart from CoinGecko ApeCoin (APE),…

Former SEC Lawyer Reveals if Atkins Will Drop The Ripple Case

LegalDec 10

President-elect Donald Trump has selected Paul Atkins, former commissioner of the US Securities and Exchange Commission (SEC), to lead the agency. Atkins, who served under President George W. Bush, will replace outgoing SEC Chair Gary Gensler. After this big announcement, the financial community has been buzzing about the SEC’s alleged settlement offer to Ripple Labs and legal experts are split on whether the SEC will appeal the ruling or ask for more time A user asked former SEC employee Marc Fagel about the likelihood of the SEC dropping the Ripple lawsuit, especially since it’s at the second court of appeals.…

21 Altcoins Have Massive Token Unlocks in the New Week – Here is the Day by Day, Hour by Hour List

AltcoinsDec 9

The cryptocurrency market has seen a nice rally over the past seven days, led by Bitcoin, with the world's largest cryptocurrency gaining almost 10% in value. It is not known whether this momentum will continue in the new week, but there are many token unlock events in altcoins and these can deeply affect the altcoin market. Here is the token unlock calendar that we, as Bitcoinsistemi.com, have prepared specially for you. (All times are stated as UTC+3 Türkiye time) World (WLD) Market Value: $1.33 billion Token Unlock Amount: $8.22 million (0.62% of market cap) Date: October 21, 2024, 03:00 XPLA…

Ripple's Garlinghouse Says 2024 Election Was a Chance to 'Educate Voters'

LegalDec 9

Ripple CEO Brad Garlinghouse in an interview with 60 Minutes, said that the 2024 election was a "major victory" for crypto as the majority of Fairshake, a crypto political action committee (PAC), backed candidates, won their seats. And this was a non-partisan effort, as crypto, itself is non-partisan, he argued, pointing to the cross-aisle support for the digital assets bill FIT21. “Of the 29 Republicans and 33 Democrats the industry backed in congressional races, 85% won. It’s incredible,” he said. [embed]https://www.youtube.com/watch?v=_2VC2dE45UU[/embed] “We absolutely helped supercharge the candidates with the money in the coffers… That’s absolutely right,” he said, arguing that,…

This Is the 8th Wall Street Bitcoin Miner to Report Lower BTC Production in November

MiningDec 9

HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NYSE: HIVE), reported lower crypto output in November while announcing significant expansion plans to triple its mining capacity by mid-2025. The Wall Street Bitcoin miner's November production represents a decline from 117 Bitcoin mined in October, though its total holdings grew 67% year-over-year to 2,713 BTC, valued at approximately $261 million at month-end. HIVE maintained an average hashrate of 5.3 EH/s in November, with daily production averaging 3.42 Bitcoin. The company's mining fleet operated at an efficiency rate of 22.3 joules per terahash, reaching peak performance of 5.7 EH/s.…

Bernstein names this Bitcoin-related stock as its best idea for 2025

RegulationDec 9

Bernstein has spotlighted Block Inc. (NYSE: SQ) as its “new best idea” for 2025, raising the stock’s price target from $90 to $120 while maintaining an “Outperform” rating. This bullish forecast stems from multiple catalysts, including accelerated growth in Square’s Gross Payment Volume (GPV), robust 30% EBITDA gains from operational efficiencies, easing regulatory pressures, and the potential for inclusion in the S&P 500 Index. Currently trading at $95.87, Block has experienced a remarkable 24% gain over the past month, with its year-to-date performance up by 32%. Its valuation remains appealing, with 16% of its market capitalization held in cash, providing…

Memecoin Trader Falls Victim to FOMO

AltcoinsDec 9

A memecoin trader who rushed to buy 5 different memecoins in just 5 hours ended up losing a large amount of money. The trader’s total loss reached 274 $SOL, which is about $43.5K, according to data from Lookonchain. Please don't buy out of #FOMO! Yesterday, a trader #FOMO bought 5 #MEMEcoins in just 5 hours and lost money on each one, with a total loss of 274 $SOL($43.5K) and an ROI of -67.89%.https://t.co/aIh2v57Oeo pic.twitter.com/doBpWTkGSH — Lookonchain (@lookonchain) October 20, 2024 FOMO Purchases Lead to 68% Loss for Memecoin Trader This purchase was made out of fear of missing out (FOMO),…

Coinbase CEO Says SEC Commissioner Is ‘Failure’

LegalDec 9

Coinbase CEO Brian Armstrong has taken aim at anti-crypto SEC Commissioner Caroline Crenshaw, describing her as a "failure." "Caroline Crenshaw was a failure as an SEC Commissioner and should be voted out," he said on social media. Armstrong recalled the fact that Crenshaw was one of the commissioners who voted against the approval of Bitcoin exchange-traded funds, breaking with SEC Chair Gary Gensler. The Senate Banking Committee is set to vote on Crenshaw's re-nomination this Wednesday. Jaime Lizárraga, another anti-crypto SEC Commissioner, recently announced his resignation. However, based on her track record, Crenshaw appears to have the most hostile stance…

HIVE Digital shares climb 6% as miner targets 2% of Bitcoin network

MiningDec 9

HIVE Digital revealed its November 2024 production results, including 103 BTC mined and a 67% year-over-year growth in its Bitcoin holdings. Bitcoin (BTC) mining firm HIVE Digital released its November 2024 production results, reporting a 67% increase in its BTC holdings compared to the previous year. In a Dec. 9 press release, the firm revealed it had mined 103 BTC in November, bringing its total HODL portfolio to 2,713 BTC as of Nov. 30. In terms of mining capacity, HIVE maintained an average of 5.3 EH/s, with the firm’s peak hashrate for the month reaching 5.7 EH/s. As of the…

Why Are Bitcoin and Altcoin Prices Lethargic? Experts Share Reasons and Expectations

BitcoinDec 9

Bitcoin (BTC) has entered an unusually quiet period as investors await the outcome of the upcoming US presidential election. According to data from Bloomberg, the BTC price has fluctuated below 5% for 34 consecutive sessions, the longest such period of stability in a year. This period of stagnation has disappointed many in the crypto community, as October has historically been a strong month for Bitcoin, earning it the nickname “Uptober.” Over the past decade, Bitcoin has only lost ground twice in October, averaging more than 20% for the month, compared with an average gain of 6% in all other months,…