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.

Bitcoin Layer 2 Sees Major Growth in September, Reveals Footprint Analytics Report

BitcoinDec 9

September 2024 brought considerable growth to the blockchain sector, driven by favorable macroeconomic conditions and regulatory advances. Bitcoin’s Layer 2 solutions stood out as the top performers, significantly outpacing Ethereum Layer 2 networks in terms of growth. According to Footprint Analytics, the total value locked (TVL) in Bitcoin Layer 2 surged by 33%, with Core emerging as the leader, commanding a 30.5% market share. 📊 September Chains Report 🔥 Crypto markets gained amid favorable macro conditions and regulatory progress in September. 🔹 #SuiNetwork breaks into Top 15 🔹 Bitcoin L2s surge: @Coredao_Org @BitlayerLabs @rootstock_io Full report🔗https://t.co/3x4lzziQV2 — Footprint Analytics (@Footprint_Data)…

Everything You Need To Know About Crypto Tax-Loss Harvesting

RegulationDec 9

Tax-loss harvesting (TLH) is a powerful tax strategy that enables investors to offset gains and save on taxes by selling assets at a loss. While crypto markets may be thriving, most portfolios contain underperforming coins or NFTs that can be strategically sold in December to reduce your upcoming crypto tax bill. What Is Tax-Loss Harvesting? Tax-loss harvesting involves selling assets—such as cryptocurrencies, Non-fungible tokens (NFTs), or stocks—when their market value falls below their purchase price (cost basis). This practice allows you to realize the loss and use it to offset capital gains or other taxable income. When Should You Tax-Loss…

Market Analyst Shares 7 Altcoins to Watch This Week – Includes Former Binance CEO CZ Details

AltcoinsDec 9

The DeFi Investor, a leading cryptocurrency analyst, has highlighted several altcoins to watch as major developments unfold this week. With conferences, token launches, and major announcements on the horizon, these altcoins are expected to see significant movement. Here’s a breakdown of what to expect: Cosmos (ATOM) Cosmos is gearing up for its biggest annual conference yet, which kicks off on October 21st. This event is a pivotal moment for the Cosmos ecosystem, with several major announcements expected. Investors and enthusiasts should keep an eye out for any updates that could impact ATOM’s valuation and future developments. Mantle (MNT) Mantle’s ecosystem…

Tomo Telegram Wallet Integrates with Jupiter for Zero-Fee Swaps

ExchangesDec 9

Tomo Telegram Wallet has announced a new partnership with Jupiter, the leading DEX aggregator. This integration was shared via Tomo Wallet’s X account. With this update, users can trade directly on the Tomo Telegram Wallet using Jupiter’s technology. Partnership Spotlight: 👉 @tomo_wallet x @JupiterExchange Tomo Telegram Wallet now supports Jupiter, the go-to DEX aggregator for zero-fee swaps. With this integration, you can now trade directly on Tomo Telegram Wallet with Jupiter, enjoying seamless swaps without any… pic.twitter.com/Nw9nAkkfbC — Tomo Wallet (@tomo_wallet) December 6, 2024 Jupiter Integration Boosts Trading Experience on Tomo Wallet Tomo Telegram Wallet Now Offers Fee-Free Swaps with…

Ginoa.io Partners with Bitgert in a Strategic Collaboration to Advance GameFi

BlockchainDec 9

Ginoa.io, a pioneering player bringing innovation to GameFi, has commenced an exclusive collaboration with Bitgert. As per Ginoa.io, the collaboration with Bitgert targets to revolutionize the overall GameFi ecosystem. The platform disclosed this endeavor on its official social media account. Exciting Partnership Announcement! 🚀 🚀 Ginoa x @bitgertbrise : A Strong Collaboration in the GameFi Space Bitgert is a revolutionary crypto engineering organization that aims to revolutionize the way people interact with digital assets. Through their numerous projects,… pic.twitter.com/30zpa74EGM — Ginoa.io (@ginoa_io) December 7, 2024 Ginoa.io’s Collaboration with Bitgert Aims to Offer an Improved User Experience for Users Ginoa.io mentioned…

‘Strategic Timing’ Pays Off with $181M Profit

BitcoinDec 9

A major Bitcoin investor (“whale”) has added 200 BTC worth $12.56 million to their portfolio, continuing a pattern of strategic large-scale investments. The investor has demonstrated excellent market timing, making significant purchases before key events like the Bitcoin ETF launch and selling at price peaks. This whale has accumulated approximately $181 million in profit from Bitcoin trading, showcasing their influential and successful strategy in the crypto market. Raising the stakes, an influential Bitcoin trader with specially calculated trades has increased their Bitcoin position again adding 200 BTC which costs about $12.56 million. The whale address remains very active within the…

Hong Kong mulls tax exemption; ‘crypto’ adoption in India soars

RegulationDec 9

While some countries are having difficulty adopting digital currencies amid stringent regulations, others, like Hong Kong and India, are thriving because of their ecosystems’ resiliency and authorities’ warming up to these assets. As part of its plans to improve the city-state’s attractiveness to investors, Hong Kong is considering waiving taxes payable on investment gains from digital currencies and a raft of alternative assets for institutional players. According to a joint consultation paper by Hong Kong’s Financial Services and the Treasury Bureau (FSTB), the plans to roll out tax exemptions will be limited to hedge funds, family offices, and private equity…

Shiba Inu Team Urges Bold Moves, “In the End, We Only Regret the Chances We Didn’t Take”

AltcoinsDec 9

Lucie, the marketing lead of Shiba Inu, shares an inspirational message to SHIB community members, emphasizing the importance of embracing opportunities and taking bold actions. In a recent tweet, Lucie suggested that people tend to regret missed chances and opportunities when reflecting on their lives. “In the end, we only regret the chances we didn’t take,” Lucie remarked. “In the end, we only regret the chances we didn’t take.” pic.twitter.com/mdrtenx3j9 — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 19, 2024 The statement highlights the significance of seizing the moment and taking risks that could pay off in the future. Failure to take bold actions…

Coinbase Announces Major Listings With Four New Crypto Assets

ExchangesDec 9

Coinbase International, the overseas arm of the Coinbase exchange, has achieved a significant landmark with the listing of its 100th perpetual futures contract. The milestone reflects Coinbase's commitment to providing diverse trading opportunities and expanding its presence globally. In a celebratory tweet, Coinbase International shared: "We’ve officially listed our 100th perpetual future on Coinbase International Exchange. That’s 100 unique opportunities for you to diversify, trade, and grow." We’ve officially listed our 100th perpetual future on Coinbase International Exchange. That’s 100 unique opportunities for you to diversify, trade, and grow. Who’s ready for more? Onward to the next 100. pic.twitter.com/D0IGDxDrY2 —…

Uquid Unlocks the Future of Shopping with HyperPay’s Web5 Wallet

BlockchainDec 9

Uquid, the trailblazer in Web3 commerce, has joined hands with HyperPay, the world’s first Web5 Wallet. The partnership aims to transform the shopping experience on Web3 Shopping Day. This collaboration brings groundbreaking features and exciting offers. Through this alliance, Web3 Shopping Day marks a landmark event for the decentralized economy. Meet our partner for Web3 Shopping Day – @HyperPay_tech HyperPay, the world’s first Web5 Wallet, integrates Off-Chain, Web3, and Hardware Wallets for seamless crypto management. With support for NFTs, DEX, and DeFi, plus advanced security and cross-chain transactions, it’s your… pic.twitter.com/19qzQxkD2P — UQUID – Web3 Shopping Infrastructure (@uquidcard) December 7,…