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.

Solana Smart Whale Sells 22,726 $SOL for $3.86M at Market Peak

AltcoinsDec 7

A smart whale recently sold 22,726 $SOL, worth approximately $3.86 million, at a price peak, according to Lookonchain. This smart investor has a history of buying Solana ($SOL) at lower prices and selling during market highs. It shows a clear strategy of capitalizing on price fluctuations. A smart whale sold 22,726 $SOL($3.86M) at a price peak 3 hours ago. This smart money always buys $SOL at low prices and sells at highs. He currently holds 20,000 $SOL($3.33M), with a total profit of over $2.5M!https://t.co/e3Pgb1aMQq pic.twitter.com/n3AbKFpf24 — Lookonchain (@lookonchain) October 21, 2024 Smart Whale Profits Over $2.5M from Solana Trades It…

Ripple CEO Hails Trump SEC Nominee Paul Atkins as 'Outstanding'

LegalDec 7

Brad Garlinghouse, CEO of Ripple, expressed strong support for President-elect Donald Trump’s nomination of Paul S. Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC). In a post on X, Garlinghouse called Atkins “an outstanding choice” and praised his potential to reshape the agency’s approach to digital assets. Ripple CEO Reacts to Trump’s SEC Chair Pick “Atkins at the helm of the SEC will bring common sense back to the agency,” Ripple‘s Garlinghouse wrote. He added, “Along with Hester Peirce and Mark Uyeda, it’s time to swiftly and definitively end the prohibition era on crypto, restoring…

PEPE price soars on Binance.US listing news

ExchangesDec 7

PEPE coin surged over 7% after Binance.US, the American subsidiary of the leading crypto exchange Binance, revealed that it will list the popular meme coin on its platform, CoinGecko data shows. PEPE traded at approximately $0.000022 at press time, showing a 11% increase over 24 hours, with a market cap of $8.8 billion. According to Binance.US’s announcement, deposits for PEPE are now open, and trading for the PEPE/USDT pair will start on December 5, 2024, at 6 AM EST. PEPE will join Binance.US’s growing list of meme-inspired investment offerings. The exchange currently supports major tokens like DOGE, SHIB, and BONK.…

South Korea’s Jeju Aims for Cashless City With Blockchain

BlockchainDec 7

Jeju, South Korea’s special self-governing province, has announced plans to implement digital payments for cross-border transactions. The province included the digital payments initiative in its “Jeju AI and Digital Transformation Roadmap.” According to a recent announcement, the roadmap aims to revolutionize Jeju into a cashless international city. Under the new plan, Jeju will enable digital asset-based cross-border payments with neighboring countries like China and Japan. The system will allow digital assets, including Bitcoin, to convert into Jeju’s regional currency for local use, streamlining transactions. It is important to note that the recent proposal is one of Jeju’s numerous pro-cryptocurrency activities,…

Analyst Predicts BTC Heading for All-Time High This Quarter

BitcoinDec 7

A cryptocurrency analyst predicted that Bitcoin would reach an all-time high of $73,794 this quarter. In his podcast, Thinking Crypto, the analyst highlighted various indicators that suggested a momentum build-up in the crypto market. Bitcoin has maintained a bullish outlook despite failing to fulfill most crypto users’ expectations in October. At the time of writing, the BTC was trading at $64,103, having recorded a 30% recovery from its pullback from its March all-time high. The flagship crypto dropped below $50,000 in August but has gained bullish momentum. Read also: Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains The analyst…

Shibarium Transactions Jump 3,370% in Days, What Happened?

AltcoinsDec 7

Shibarium stunned the community earlier, as transactions on the layer-2 blockchain network skyrocketed significantly over the weekend. Per data from Shibariumscan, the layer-2 transactions moved from 3,690 on Oct. 17 to a high of 324,590 as of Oct. 19. Unusual Shibarium transaction trend still on As observed on-chain, the Shiba Inu scaling solution retains the massive transaction boom on-chain. While it has dropped from the current high printed on Oct. 19, the daily transaction comes in at 128,050, marking a 3,370% jump in a matter of days. It remains unclear what boosted this massive transaction boom. However, it underscores how…

A crypto CEO’s warning to law firms

LegalDec 7

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. When Coinbase CEO Brian Armstrong speaks, the crypto industry tends to listen. His recent X post reminded me of what Twisted Sister first sang out in 1984: “We’re not gonna take it anymore.” (I would only hear this years later, after my birth). If you didn’t see, here’s the post: You see that Armstrong called out the hire of Gurbir Grewal, who had been the SEC’s enforcement division director since 2021. He departed the agency in October and later that month joined the litigation and arbitration…

Bridge Partners With Fuse Wallet To Simplify USDC Payments

ExchangesDec 7

On December 4, Bridge CEO, Zach Abrams announced their partnership with Fuse Wallet to introduce virtual US bank accounts that allow users to directly receive payments in USDC through traditional USD bank transfers. thrilled to partner with the @fusewallet team. with this launch, global consumers can now easily save and spend in dollars. And your Fuse wallet will keep getting better. We’ve got a lot more in the works, excited for all the Bridge + Fuse teams will ship in the months ahead. https://t.co/spxc06dJF0 — Zach (@zcabrams) December 4, 2024 Bridge Joins Force With Fuse To Enhance USDC Accessibility The…

CARV Join Forces with Mind Network to Transform Privacy and Security in Decentralized Ecosystems

BlockchainDec 7

CARV has taken a significant step toward ensuring fairness, transparency, and security within decentralized applications. This web3 backbone, by its alliance with Mind Network, is integrating Fully Homomorphic Encryption (FHE) into its ecosystem. This cutting-edge encryption technology will power secure and verifiable random number generation (RNG). This technology will set new standards for privacy-preserving solutions in gaming, AI, and decentralized governance. CARV has partnered with @mindnetwork_xyz to integrate Fully Homomorphic Encryption (FHE) into our ecosystem! FHE ensures secure, fair, and verifiable random number generation for gaming, AI, and decentralized governance. What’s in it for you: • Fairer, transparent game… pic.twitter.com/J8lnD5FlOA…

Bulls Poised for Breakout as Price Hovers Near $65K

BitcoinDec 7

As of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency’s market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38 billion. Current market data suggests bitcoin is in a consolidation phase just below $65,000, with bullish momentum appearing to build on multiple timeframes. Bitcoin On the 1-hour chart, bitcoin experienced a notable rise from $62,500 to nearly $65,000, spurred by a significant volume increase. This movement reflects strong buying interest, though bitcoin is now consolidating below the $65,000 mark. Traders are closely monitoring for…