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's Crypto-Governance Hub Realms is Under New Management

AltcoinsDec 7

Realms has been in the business of crypto-governance for nearly as long the blockchain it's built on – Solana (SOL) – has been around. Its new leaders want to start turning a profit. The hub for crypto apps' voting, decision-making and treasury is under new management, an entity called "Realms Today Trust." It's a big change for the project built by all-important Solana Labs to give its blockchains' many startups a place to manage their politics. "We need to develop profit services, that way we can continue it," said Dean Pappas, a longtime Realms contributor and one of the four…

Czech Republic exempts three-year old Bitcoin from capital tax gains

LegalDec 7

The Czech Republic Parliament reportedly passed a law that would exempt Bitcoin held for more than three years from capital tax gains, placing it on the same level as stocks. According to a video by Braiins mining’s Chief of Propaganda, Kristian Csepcsar, the Czech Republic Parliament has unanimously agreed to exempt capital gains tax on Bitcoin (BTC) held for more than three years. Previously, capital gains that came from owning Bitcoin was subject to a 21% corporate income tax. Not only that, the parliament has also agreed on a set of new laws that would serve to benefit Bitcoin holders…

Bitcoin Exchange Binance Announces Listing of Two New Altcoin Trading Pairs!

ExchangesDec 7

Binance has announced the listing of two new tokens, Across Protocol (ACX) and Orca (ORCA), on its spot trading platform. Binance to List Protocol (ACX) and Orca (ORCA) with Seed Tags Trading for ACX/USDT and ORCA/USDT pairs will open on December 6, 2024, at 16:00, with withdrawals available on December 7, 2024, at 16:00. Key Details Deposit Availability: Users can deposit ACX and ORCA tokens to prepare for trading. Trading Fee: Listing fee (0 BNB) will not be applied for these tokens. Smart Contract Addresses: ACX (Ethereum): 0x44108f0223A3C3028F5Fe7AEC7f9bb2E66beF82F. ORCA (Solana): orcaEKTdK7LKz57vaAYr9QeNsVEPfiu6QeMU1kektZE. Additional Features Seed Tag: Both ACX and ORCA will…

Energy sets the value of bitcoin and bitcoin sets the value of energy

MiningDec 7

Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the value of a widget (in this case bitcoin) is determined by the cost of producing the widget plus the various levels of profit margin needed to get from manufacturing to the consumer. If someone has an innovative ability to supply something that no one else can and there is a large demand for this product then they have…

Bitcoin is poised for a bullish reversal

BitcoinDec 7

Today, enjoy the 0xResearch newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the 0xResearch newsletter. Why bitcoin ETF flows matter As we approach the mid-point of October, net inflows for the US bitcoin ETFs have flipped into positive territory for the first time this month. Bitcoin ETFs notched $253.6 million in net inflows on Friday, breaking a three-day negative streak. They ended the week with a solid net of $348.5 million. ETF flows provide insights into bitcoin price movements, acting as a potential indicator of directional trends, according to David Lawant, head of research…

Will Ethereum (ETH) Cross the $4000 Mark Today?

EthereumDec 7

While everybody is celebrating Bitcoin’s $100,000 mark, the second biggest cryptocurrency, Ethereum (ETH)’s $4000 mark is still awaited. However, it will not take so long to reach there, according to some crypto analysts. According to TrendSpider, “Ethereum is quietly breaking above a key trendline resistance from all-time highs.” While everyone is focused on $BTC $100K… Ethereum is quietly breaking above a key trendline resistance from all-time highs. 🤫 $ETH pic.twitter.com/jGmsvSqyXj — TrendSpider (@TrendSpider) December 5, 2024 Ethereum Prepares for Intense Bullish Momentum ETH is on the verge of breaking out of a three-year triangle consolidation pattern, with $ETH expected to…

Mindspace Solutions Boosts Dechat with $1 Million Investment

RegulationDec 7

Mindspace Solutions has announced a $1 million strategic investment in Dechat, a Web3 communication platform that aims to transform user interaction and transactions in the decentralized era. This investment is part of Mindspace’s commitment to supporting innovative projects that prioritize privacy and user-centric design. The announcement of investment through Dechat official X account. The funding will assist in helping Dechat improve its secure, transparent communication solutions. Big News! Mindspace Solutions just invested $1M in DeChat! 🎉 Together, we're redefining secure, healthy communication in the Web3 era. 🌐💬 Thank you, @mindspaceweb3, for joining us on this journey! 🤝 Read @mindspaceweb3 official…

France Wants Bitcoin HODLers to Pay Taxes on 'Unproductive Wealth'

LegalDec 7

Earlier this week French Senator Sylvie Vermeillet proposed classifying Bitcoin and other digital assets as “unproductive,” arguing they should be taxed like luxury items and vacant properties. The bill in question classifies cryptocurrencies as unproductive assets for the 2025 budget, meaning that taxes will be imposed on unrealized gains if they exceed €800,000. Paris-based Alice Stork, founder of Web3 public relations agency ICL, told Decrypt that a Bitcoin tax on unrealized gains is “worrying” and “feels pretty out of touch with how volatile crypto markets are.” What happens when the value of your holdings drops after you've already paid taxes…

Binance P2P launches three merchant program tiers

ExchangesDec 7

Gold, Silver, and Bronze tiers are introduced by Binance to reward verified P2P merchants based on performance. Binance has added a key update to its P2P Merchant Program by introducing three tiers, namely, Bronze, Silver, and Gold. This upgrade is introduced to acknowledge and reward P2P merchants according to their trade volume and performance. Each tier offers unique advantages. Based on their monthly trade performance, newly verified merchants can move up from the Bronze level. Verified traders having a solid trading record are considered bronze merchants. You might also like: Binance launches BFUSD stablecoin offering 19.55% APY Merchants must reach…

Ceffu Turns $120.88M $BTC Buy Into a $3.66M Profit in 48 Hours!

BitcoinDec 6

In cryptocurrency trading, it has not been every day that an entity has created such a massive impact as Ceffu within the past few days. Taking advantage of the correct timing of the market, Ceffu earned $3.66M in only 48 hours! This occurrence happens against Bitcoin’s (BTC) price spike; Ceffu’s efficiency in making high-value transactions at the right time has generated much attention among cryptocurrency enthusiasts. The price of $BTC increased by 3.2% today!#ceffu has excelled in trading $BTC this week.#ceffu accumulated 1,988 $BTC($120.88M) at $60,815 on Oct 10 and Oct 11. 3 hours ago, #ceffu deposited 1,133 $BTC($72.57M) to…