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.

$DOGE, $PEPE & $SHIB Are On The Lead

AltcoinsDec 9

The latest report from Phoenix Group, a crypto news and analytics platform, highlights significant social media activity surrounding memecoins. On October 20, 2024, $DOGE, $PEPE, and $SHIB secured top positions as the most actively engaged meme projects, according to data from LunarCrush. TOP #MEME PROJECTS BY SOCIAL ACTIVITY$DOGE $PEPE $SHIB $POPCAT $PORK $BRETT $FLOKI $TURBO $SPX $MOG pic.twitter.com/5IlQoLgJkV — PHOENIX – Crypto News & Analytics (@pnxgrp) October 20, 2024 $DOGE Tops Engagement with Strong Lead $DOGE continues to dominate the memecoin space with over 11.2 million interactions and 37.9K engaged posts. The coin’s position shows its resilience and influence despite…

The future of blockchain is not Bitcoin

BlockchainDec 9

Coming back from some crypto events, from Zug to Dubai, passing through Lugano’s Plan B Forum, I brought home one thought, which is more of a question. Can you have a blockchain community engaged and empowered (securing transparency and liquidity for its coin, like for Bitcoin,) while abiding by the strict rules and requirements of institutional enterprises, like banks or pharma, who want to enjoy the efficiencies of distributed ledgers, but must align with industry standards and national laws? Is Bitcoin the future of blockchain? Nope. Can a bank have all data stored in its own country and use the…

Gives Price Target for Both

BitcoinDec 9

Cryptocurrency analytics firm Alphractal has released its latest report titled “Unlocking Bitcoin’s Potential with Fibonacci Insights into Market Average Price,” which offers a comprehensive view on Bitcoin’s price dynamics and potential market targets. Alphractal explains that the Real Market Average Price reflects the on-chain average price of Bitcoin, excluding mining-related coins. This metric provides a clearer and more accurate perspective on the real market value of Bitcoin, making it an important reference for both investors and analysts. The analytics firm incorporated several Fibonacci sequence lines into its analysis to identify key support and resistance levels for Bitcoin. In 2024, Bitcoin…

China’s Central Bank Expands Gold Reserves In November After 6-Month Pause

RegulationDec 9

Lately, the flagship cryptocurrency has been gaining widespread traction with institutions and governments intensifying their efforts to own Bitcoin. Recently, Fed Chief Jamie Powell and other analysts shared that Bitcoin is not a competitor to the dollar; rather, it is a competitor to gold. Bitcoin exhibits numerous similarities to gold, including its enduring nature, scarcity, and mining difficulty. BRICS nations have also intensified their efforts to introduce their own currencies as part of a de-dollarization initiative. The decentralized finance, which is inclined toward Bitcoin, has been taken into account. China, however, has not been convinced about legalizing crypto entities. The…

Ripple CTO Says XRP is Widely Available, But Crypto Payment Adoption Remains Limited

AltcoinsDec 9

David Schwartz, the Ripple CTO, has reiterated his stance on XRP pricing and its role in payments. His latest comments emerged in response to an investor questioning XRP’s underwhelming price performance since 2017. In the recent commentary, he further discussed how XRP has not realized its full potential in payment systems, despite widespread availability and favorable features. Ripple CTO Remains Firm Recall that, in a conversation dating back to November 2017, Schwartz had argued that XRP cannot remain cheap if it is to function effectively as a medium for high-value payments. He pointed out that regardless of whether XRP trades…

Tilted and Soulbound TV Partner to Revolutionize Digital Entertainment

BlockchainDec 9

Tilted, a gamified liquidity pool and RWA infrastructure layer on the BNB Chain, has announced a strategic partnership with Soulbound TV, a decentralized live-streaming platform. Tilted will bring real-world asset (RWA) tokenization capabilities to Soulbound, complemented by its decentralized broadcasting solutions. Tilted and @Soulbound_GG are teaming up to revolutionize gaming and livestreaming. Tilted’s RWA tokenization tech meets Soulbound’s decentralized broadcasting to create a seamless experience for gamers, streamers, and audiences. From in-stream prediction markets to game asset… pic.twitter.com/4kWY8gNaiQ — Tilted (@tiltedxyz) December 6, 2024 The integration aims to transform the entertainment industry by including streamers and viewers and integrating the…

Bitcoin Takes Another Shot at $63.5K as China's Vague Fiscal Stimulus Deters Capital Shift

BitcoinDec 9

BTC revisit Friday's highs above $63,000, maintaining the positive momentum. China's highly-anticipated stimulus announcement fell short of expectations, suggesting low probability of continued outflows into China-linked assets. Bitcoin made another push toward establishing a foothold above $63,000 Saturday as China's highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital rotation into Chinese equities. In a highly anticipated briefing on Saturday, China's Finance Minister Lan Fo’an promised additional support for the slumping property sector and indebted local governments but provided little information on how they plan to boost domestic consumption, which economists believe is necessary to avoid…

South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

RegulationDec 9

Reports on a new BRICS currency designed to compete against the US dollar are fundamentally false, according to leaders in South Africa. In a statement, South Africa’s Department of International Relations and Cooperation (DIRCO) says BRICS is not working on a currency that could be used as an alternative to USD, reports Bloomberg. According to DIRCO, reports have misinterpreted the intentions of the economic bloc about trade settlements between member nations. “Recent misreporting has led to the incorrect narrative that BRICS is planning to create a new currency. This is not the case. The discussions within BRICS focus on trading…

DYDX gained 29% amid whale selloff, emerging as top gainer

AltcoinsDec 9

The native token of dYdX, a decentralized trading platform, recorded an impressive rally despite the whale selloff. dYdX (DYDX) surged 29% in the past 24 hours and is trading at $1.28 at the time of writing. Its market cap is hovering around $820 million with a daily trading volume of $350 million. The asset saw a notable increase in its large holder outflow after hitting the $1.31 mark for the first time since late July. According to data provided by IntoTheBlock, DYDX saw a whale inflow of 6.42 million tokens and an outflow of 6.82 million tokens—leaving a net outflow…

AirDAO Partners with Lunar Strategy to Boost Growth

BlockchainDec 9

In a major development, AirDAO has announced partnership with Lunar Strategy. The news was shared on Lunar Strategy’s X account, highlighting their support for AirDAO’s growth and development. Lunar Strategy is an incubator and accelerator that supports the development of crypto projects, relying on experience, contacts, and funding. Excited to work with @LunarStrategy They know their onions! Let’s MAGA 🚀$AMB https://t.co/HlNdEJlVCM — AirDAO (@airdao_io) December 6, 2024 Lunar Capital to Support AirDAO with Strategic Initiatives Lunar Capital, which specializes in funding progressive blockchain projects, will back AirDAO with key initiatives. These comprise ecosystem project acceleration and growth and strategic advisory…