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.

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,…

Bitcoin Bull Run To Resume Soon? Crypto Market Liquidity At Record Highs

BitcoinDec 9

According to the latest on-chain data, liquidity in the cryptocurrency markets has reached an all-time high. Here’s the implication of the rising liquidity on the price of Bitcoin and its future trajectory. Stablecoin Market Cap Hits New Highs — Impact On Bitcoin Price In its latest report, CryptoQuant revealed that liquidity in the crypto market hit a record high in late September, sparking conversations about the Bitcoin bull market resuming. According to the on-chain analytics firm, crypto market liquidity is measured by stablecoin value and market capitalization, which now stands at around $169 billion. Data from CryptoQuant shows that the…

Ethereum (ETH) Reclaims $4K After Months of Consolidation

EthereumDec 9

Ethereum surpasses $4K after months of stagnation, driven by renewed market optimism. Analysts predict ETH could reach $7K, supported by ETF inflows and ecosystem growth. Fee recovery and proposed solutions strengthen Ethereum’s position despite layer-2 competition. Ethereum (ETH) has broken past the $4,000 level, marking a significant recovery since March 2024. The rally comes after months of stagnant performance, reigniting excitement among investors and developers. Weekly gains of 10.7% reflect growing market confidence. Analysts point to Donald Trump’s November 6 victory and record inflows from exchange-traded funds as major drivers. Projections now suggest Ethereum could reach $7,000 during the current…

Meme coin hunter turns $296 into $620,000 in 4 hours

AltcoinsDec 9

A cryptocurrency trader, whose trading pattern mirrored hunting for meme coins, finally struck a jackpot after recording a 2,090-fold return on a single transaction. Details of the trade indicate that the trader had an initial investment of $296 in the newly created SLOP meme coin, which transformed into a staggering $620,000 within just four hours in a transaction that also involved Solana (SOL), according to data shared by crypto on-chain analytics platform Lookonchain on October 21. The trader entered the market by purchasing 38.17 million SLOP tokens and 1.76 SOL ($296) through Raydium, an automated market maker (AMM) platform trading…

Former Ripple Partner MoneyGram Bets on USDC

ExchangesDec 9

MoneyGram, one of the largest cross-border payments providers, shares details of its recent integration in the crypto segment. Thanks to the collaboration with OwlTing, Stellar's partner, USDC on- and off-ramps are available in MoneyGram locations across the globe. MoneyGram access integrates OwlTing for USDC support MoneyGram, a global payments operator, announces the partnership with OwlTing Group, a Hong Kong cryptocurrency services platform. Thanks to the collaboration, OwlPay Wallet Pro can be seamlessly connected to MoneyGram International accounts. #MoneyGramAccess expands further with our newest global partner @OwlTing 🌐 Bridging #USDC stablecoin and local fiat currencies for OwlPay® Wallet Pro users opens…

Ethereum Hits 3-Year High as ETFs See Record $752 Million Weekly Inflows

EthereumDec 9

Ethereum (ETH) surged to its highest price in nearly three years on Thursday, December 6, reaching $4,089. The increase follows significant institutional interest, with US Ethereum ETFs seeing their largest single-day net inflow of $428.4 million on December 5. A Revival of Institutional Investments in Ethereum ETFs Leading the inflows was BlackRock’s ETHA fund, followed by Fidelity’s FETH. These contributions also pushed Ethereum ETFs to record their largest weekly net inflow since launching in July. The total weekly inflow stands at $752.9 million in the first week of December. This is already a record weekly gain for the funds, even…

SHIB Torches 324 Million Tokens in One Week With 1,020% Burn Rate Surge

AltcoinsDec 9

Shiba Inu (SHIB) has had an impressive run over the past week, with key metrics soaring. One of the major metrics is the burn rate, the deflationary standard that helps shrink the token's supply. As of writing time, the meme coin’s burn rate has maintained its rally from the past week. Shiba Inu bullish burn outlook Per data from Shibburn, the Shiba Inu burn rate has increased by 389% in the past 24 hours. This means 6,314,537 SHIB have been sent to inactive wallets in a day. Since last week, the SHIB burn rate has remained sufficiently high to help…

Binance Labs May Have Sold These Two Tokens After Altcoin Market Rise

ExchangesDec 9

According to Onchain data, Binance Labs, the investment arm of cryptocurrency exchange Binance, may have sold some of the two altcoins in which it is an investor. According to the data, Binance Labs transferred 30 million GMT (GMT) tokens from its investment wallets to Binance two days ago. The dollar equivalent of this amount is measured at $7.29 million. Today, the company moved 400,000 Axie Infinity (AXS) tokens to Binance, equivalent to a total of $3.72 million. Binance Labs, one of the first project investors of GMT, received a total of 75 million GMT as compensation for the investment. This…

Is a Reversal Coming Soon?

BitcoinDec 9

Bitcoin (BTC) has experienced a steady decline in recent sessions, but technical indicators are sending mixed messages, hinting at a possible market shift on the horizon. Despite the bearish price trend, oscillators are providing a mix of neutral, buy, and sell signals, reflecting indecision among traders. Bitcoin On the 1-hour chart, bitcoin’s (BTC) downward trajectory is clear, as the price dropped from a peak of $63,455 to recent lows near $62,039. The pattern of lower highs and lower lows signals that sellers have been in charge, even though brief bullish moves have appeared along the way. Despite these short-lived rallies,…

What’s Next? Top Analyst Predicts $6,800

EthereumDec 9

Ethereum has crossed the $4,000 mark for the first time since reaching its all-time high, signaling a major milestone. Bitcoin, on the other hand, has faced some volatility. Recently, the market saw a significant outflow of half a billion dollars in just 60 minutes, leading to concerns about Bitcoin’s price action. At the time of writing, Bitcoin is trading at $99,500 levels. On The Paul Barron Network, analyst The Trading Parrot, said that Ethereum’s price surge comes after a strong bounce from support levels around $2.3k to $2.4k in September. This recent breakout feels different from previous attempts at $4K,…