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.

Litecoin ETF By Canary Capital Approval Soon: LTC Founder

AltcoinsDec 9

Litecoin founder Charlie Lee shared his excitement about Canary Capital’s recent filing for a Litecoin ETF. This comes amid growing interest from institutional and retail investors alike. Furthermore, Lee also expressed confidence in the approval of the LTC ETF application soon as crypto ETF products take the lead. Litecoin ETF Approval Soon? According to FOX Journalist Eleanor Terrett, in a recent statement, Lee emphasized the increasing demand for Litecoin, evident through the rising value of Grayscale’s Litecoin Trust. “We’re seeing a lot of institutional interest in Litecoin,” Lee remarked. Moreover, he highlighted that the Grayscale Litecoin Trust (LTCN) is currently…

Tap-to-Earn Games See User Counts Plunge Despite Crypto Boom

GameFiDec 9

Telegram-based tap-to-earn crypto games are losing users rapidly, even as the broader cryptocurrency market enjoys a bullish phase. Data from Google Trends reveals that search interest in “tap-to-earn” has plummeted by 80% between June and December 2024. This significant decline suggests that players and investors may be shifting their focus to other areas in the thriving crypto market. Decline in Tap-to-Earn Games User Interest and Engagement Leading Telegram-based games such as Hamster Kombat, Notcoin, and Catizen have seen massive drops in users despite a booming crypto market. According to TGStats, Hamster Kombat alone lost over 3 million users in just…

The willingness to integrate cryptocurrencies into payments is increasing.

ExchangesDec 9

A new survey reveals the perception of business owners and employees in wanting to integrate cryptocurrencies into their strategies and payments. From what emerges, it seems that the desire to use crypto in loans or salaries is increasing. Crypto payments and the perception in loans and salaries for company owners and employees Crypto payments: the perception for loans and salaries and the generational gap The growing adoption of cryptocurrencies in the construction sector Crypto payments and the perception in loans and salaries for company owners and employees The survey by Clarify Capital highlights a new emerging trend involving crypto payments…

Why Bitcoin price is set for $105,000 target and beyond

BitcoinDec 9

As Bitcoin (BTC) navigates an unusually calm ‘Uptober,’ a trading expert believes a review of technical indicators and the asset’s past performance suggests a new record might be in the offing. This projection comes as the maiden cryptocurrency reclaimed the $62,000 mark, with bulls anticipating a potential push toward the $65,000 resistance. In this regard, Bitcoin could be on track to reach $105,000 in its current cycle, driven by Fibonacci circle analysis that highlights historical cycle tops, as crypto analyst Titan of Crypto observed in an X post on October 13. The analysis is based on five distinct market cycles,…

Why there's 'nothing preventing' Ethereum from hitting new all-time highs

EthereumDec 9

Ethereum (ETH) finally broke past the $4,000 resistance after months of consolidation below the level, and on-chain metrics are signaling that the asset is poised to hit new record highs. Specifically, the second-ranked cryptocurrency by market capitalization is showing minimal resistance on the way up while maintaining strong support. To this end, ETH is facing modest resistance around $4,540, with the asset recording a strong demand zone at $3,560, offering a solid foundation for a possible price breakout, according to on-chain data sourced from IntoTheBlock as shared by cryptocurrency analyst Ali Martinez in a December 7 X post. “There is…

VanEck Enables Staking Options for Solana ETP

AltcoinsDec 9

Leading digital asset manager VanEck has enabled staking options for its Solana exchange-traded note (ETN) in the European market. Matthew Sigel, VanEck’s Head of Digital Assets Research, announced the development today in a statement shared on X. According to Sigel, the staking rewards for VanEck’s Solana ETN (VSOL) will accrue and be re-invested daily. The rewards will automatically reflect in the product’s daily net asset value (NAV). Investors will benefit from the recently launched feature without having to manage the process themselves. Sigel emphasized that the company will manage the Solana ETP’s staking exposure to maintain daily liquidity. 🚨VanEck EU…

DZ Bank and Westerwald Bank Launch Crypto Wallets and Trading

ExchangesDec 9

DZ Bank partners with Westerwald Bank to launch crypto wallets and trading services for retail customers. German banks embrace crypto, with DZ Bank and Commerzbank expanding services to meet rising digital asset demand. Germany’s DZ Bank has partnered with Westerwald Bank to launch crypto wallets and trading services. This signals the start of a bigger project under DZ Bank to provide digital asset solutions to around 737 community banks. The cooperation seeks to provide retail consumers with a safe and regulated infrastructure allowing access to cryptos, including Ethereum and Bitcoin. Already underway is the first phase of the rollout, when…

MicroStrategy's Saylor Names One Thing Better Than Bitcoin

BitcoinDec 9

MicroStrategy co-founder Michael Saylor has jokingly stated that the only thing that is better than Bitcoin is actually more Bitcoin. To support his point, he attached a chart showcasing the performance of MicroStrategy (MSTR) shares since the company's adoption of its Bitcoin strategy. The business intelligence firm has vastly outperformed the "Magnificent 7" companies including such big names as Apple, Alphabet, Microsoft, Nvidia, and Tesla. Its shares have surged by a whopping 1,620%, outstripping every S&P 500 company. The closely-followed index is up 73% over the same period of time. As reported by U.Today, the shares of MicroStrategy soared by…

This is how Ethereum (ETH) performed in 2024 so far

EthereumDec 9

Ethereum (ETH) has surged past the $4,000 mark for the first time since March, buoyed by record-breaking ETF inflows, rising institutional interest, and a growing shift in investor sentiment favoring Ethereum over Bitcoin (BTC). The cryptocurrency’s recent rally has reignited discussions of an impending “altcoin season” as bullish sentiment gains momentum. Starting the year at just $2,356, Ethereum has rallied over 74% year-to-date, positioning itself as a standout performer in the digital asset space. As of press time, ETH is trading at $4,001, with a 24-hour drop of 0.78%. Ethereum outshines Bitcoin post-elections Since the U.S. elections, Ethereum has gained…

Socios Partners with PSG to Engage Fans

AltcoinsDec 9

Socios, the company behind the popular fan token CHZ Coin, has just secured a strategic partnership with Paris Saint-Germain (PSG). This collaboration marks a significant step forward in enhancing fan engagement through innovative blockchain technology. The agreement designates Socios as PSG’s “Official Branded Cryptocurrency Partner” and aims to strengthen the interaction between the club and its supporters. Contents hide 1 What Does This Partnership Entail? 2 How Will This Impact PSG’s Operations? What Does This Partnership Entail? The partnership allows PSG to develop its fan token, providing fans with a platform to participate in club-related polls via the Socios app.…