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.

4 Crypto Airdrops for the Fourth Week of October

AltcoinsDec 8

The crypto market continues to show strength, with Bitcoin eyeing the $70,000 psychological level. Amidst the broader market optimism, well-informed investors are now eyeing crypto airdrops as a potentially lucrative avenue. For investors and crypto enthusiasts, these airdrops offer the chance to acquire new tokens and join the vibrant crypto communities. Airdrops aim to distribute free tokens while attracting new followers and expanding user bases. This week, there are four significant airdrops to watch. SupraOracles: Countdown to Blast off SupraOracles is airdropping free SUPRA tokens after the Snapshot on October 21. The fundraiser raised $26.52 million, and participants included Coinbase…

Michael Saylor Delivers Impressive Bitcoin Strategy Insight

BitcoinDec 8

"If you want to win, you need a Bitcoin strategy" — that's how Michael Saylor, the CEO of MicroStrategy and one of the main players in the crypto market, titled his new post on X. Saylor is known for his extremely bullish views on the major cryptocurrency, which he doesn't forget to confirm with almost daily Bitcoin-focused statements on social media, sometimes viral, sometimes unconventional, sometimes shocking and sometimes insightful, which have already become part of the crypto market lore. The most recent one, however, is more insightful, as Saylor plotted the performance of MSTR stock against other top-performing stocks…

Top XRPL DEX Unveils Memepad for Meme Coin Launching on XRP Network, with 70 Meme Coins Launched Already

AltcoinsDec 8

Magnetic X, the leading decentralized exchange on XRP Ledger (XRPL), has introduced Memepad, a launchpad for meme coins on the XRP network. The platform aims to foster innovation in the meme coin sector by allowing users to launch their own tokens on XRPL. Magnetic X’s meme coin launchpad sets a target for total value locked (TVL) and offers a partnership opportunity once the TVL surpasses 50,000 XRP tokens. This collaboration could extend to farming, promotion, and project development assistance. Creating and launching a token is straightforward, with full guidance available on Memepad’s webpage. Importantly, Magnetic X does not impose fees…

Bitcoin reserves on exchanges plunge to all-time low, fundamentals remain strong

BitcoinDec 8

Despite Bitcoin’s price correction 287 days after its most recent halving event, on-chain metrics suggest fundamentals remain strong. Analyst TheLordofEntry has shared insights into key indicators that show a rise in continued demand and strong holder behavior. This strength is despite the recent short-term volatility. Bitcoin reserves on exchanges hit an ALL-TIME LOW! 📉 Bitcoin reserves on exchanges have continued to decline, suggesting that investors are opting to hold rather than sell. pic.twitter.com/jrefZIrtdM — TheLordofEntry (@thelordofentry) October 13, 2024 Bitcoin exchange reserves hit all-time low One of the most important fundamentals is the drop in Bitcoin (BTC) reserves on cryptocurrency…

SHIB Exec Teases Strategy to Address FUD

AltcoinsDec 8

The Shiba Inu (SHIB) ecosystem is experiencing an increased Fear, Uncertainty and Doubt (FUD) rate. Per an earlier U.Today report, Lucie, the official SHIB marketing lead, acknowledged that FUD has soared to an all-time high. Although she dismissed the FUDders as just speaking negatively to seek attention, the issue appears to linger. Lucie's aggressive strategy to tackle FUD In a recent X post, Lucie said she has adopted an aggressive strategy to address FUD in the Shiba Inu community. She said these social media accounts generally post negative and misleading information. She emphasized that such accounts were created to seed…

Is this Bitcoin rally the fruit of manipulation?

BitcoinDec 8

A cryptocurrency trader has raised alarm regarding Bitcoin’s (BTC) recent price fluctuations, suggesting that these sharp movements may be driven by market manipulation rather than genuine market fundamentals. Over the past two weeks, Bitcoin has experienced significant volatility, moving within the $65,000 to $52,000 range. These sharp fluctuations, both upward and downward, have raised questions about the underlying forces driving the market. RLinda, a well-known trader and analyst, highlighted Bitcoin’s struggle to break past key resistance levels, signaling a potential correction toward the $52,000 mark as downward pressure builds. Bitcoin’s bearish market structure According to the analysis, Bitcoin is currently…

GXChain Global Partners with XRADERS to Enhance DeFi, GameFi, and Crypto Trading Experiences

DeFiDec 8

GXChain Global has announced a strategic partnership with XRADERS. GXChain disclosed the matter today December 6 on the X platform where it talked about further engagements. GXChain is a crypto network designed to revolutionize Blockchain with lightweight, EVM-compatible, higher performance. On the other hand, XRADERS is a DeFi management platform leveraging AI to optimize Web3 products, including DeFi and GameFi for users. The collaboration seeks to integrate DeFi into GXChain’s blockchain and marks an important step in XRADERS’ mission to reshape global Web3 user experiences. 🎯 @GXChainGlobal announces its partnership with @Xraders_xyz to transform the crypto space. ⚡ #REI Network…

Maker (MKR) whale tries to recoup losses with meme tokens

AltcoinsDec 8

A holder of Maker (MKR) tokens sold at a loss and moved into some of the hottest meme tokens. Instead of moving the assets to Sky, the whale chose SPX6900 (SPX) and MOG. A former token millionaire in Maker (MKR) is switching to meme tokens. The known wallet shed all MKR tokens, instead of swapping them for the new SKY asset after Maker’s rebranding. The known wallet singles out the whale as a selective token millionaire, based on Nansen’s data. The wallet was funded with ETH from Binance, then acquired SPX and MOG through Uniswap V2 and Orca. The wallet…

Crypto Analyst Predicts Incoming Parabolic Rally for Bitcoin, Says Wait Almost Over for BTC

BitcoinDec 8

A closely followed crypto strategist and trader believes that steep rallies are now in sight for Bitcoin (BTC). Pseudonymous analyst Inmortal tells his 216,500 followers on the social media platform X that Bitcoin appears to be mirroring its 2023 price action. Back then, Bitcoin consolidated below $30,000 before igniting a parabolic surge to new all-time highs. Says Inmortal, “365 days ago today, we were about to go parabolic. October 2023-2024 are a copy. BTC.” Source: Inmortal/X Zooming out, the analyst says Bitcoin appears to be in the final stages of consolidation following this year’s halving event when BTC miner rewards…

PLEXUS Joins Forces with Owlto Finance to Offer Seamless Cross-Chain Token Swaps

DeFiDec 8

PLEXUS, a top DeFi platform, has announced a thrilling collaboration with Owlto Finance. The partnership between PLEXUS and Owlto unveils a cutting-edge bridge integration to advance token swaps across chains. The platform disclosed this collaboration on social media. 🚀 PLEXUS x @Owlto_Finance Bridge Integration! Swap tokens across all chains with one click and move assets at the lowest cost possible. 🌐✨ ✅ Faster & safer cross-chain transfers ✅ Expanded network support ✅ Unbeatable cost savings Start swapping now on PLEXUS! 🌟… pic.twitter.com/bvaUwsQDZl — PLEXUS | We’re Hiring! (@plexus_fi) December 7, 2024 PLEXUS Partners with Owlto Finance to Deliver Unparalleled Cross-Chain…