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.

Trump and Kamala Can’t Stop Bitcoin

BitcoinDec 4

I'll admit - just a few years ago, I'd be shocked to hear myself say that the CEO of BlackRock is making good points about Bitcoin. As head of the world's largest asset manager, I assumed Larry Fink would be Bitcoin's biggest critic. But compared to dismissive remarks on Bitcoin from other Wall Street leaders like Jamie Dimon, Fink's perspective is a refreshing change. If you think otherwise, yesterday’s earnings call proves it. There, Fink declared, "I'm not sure if either president would make a difference" on Bitcoin's growth,” adding "I don't believe [Bitcoin's rise] is a function of regulation."…

Pencils Protocol Introduces Pencils DEX to Transform DeFi

DeFiDec 4

Pencils Protocol has introduced its latest development, Pencils DEX, which is set to revolutionize the DeFi ecosystem. This decentralized exchange aims to provide enhanced liquidity, advanced yield strategies, and seamless cross-chain opportunities. The official announcement was shared via the Pencils Protocol account on X. 🚀 Introducing Pencils DEX — The Ultimate DeFi Liquidity Powerhouse！ At Pencils Protocol, we’re taking DeFi to the next level with our DEX — designed to maximize liquidity, boost yield, and unlock endless cross-chain opportunities. Whether you’re a liquidity provider or a… pic.twitter.com/N3K2VeFegj — Pencils Protocol (✏️∙🚀） (@pencilsprotocol) December 3, 2024 Pencils DEX Introduces Cross-Chain Liquidity…

2,100% Surge in Whale ApeCoin Transactions, What About APE’s Price?

AltcoinsDec 4

There’s been a significant surge in whale transactions for several crypto projects, with ApeCoin (APE) leading the pack. The Bored Ape Yacht Club (BAYC)-affiliated ERC-20 cryptocurrency experienced a staggering 2102.56% increase in $100K+ whale transactions over the past 7 days. Dramatic Rise in Whale Transactions According to Santiment’s latest analysis, the figure reflects a 22x rise in ApeCoin’s whale activity compared to its usual levels. This coincided with the surge in APE’s price by nearly 78% over the past seven days alongside an over 833% increase in trading volume, indicating strong market momentum. The surge follows the October 20th launch…

Morocco’s Central Bank Eyes Crypto Regulation to End Years of Digital Assets Ban

LegalDec 4

Morocco drafts crypto laws to regulate digital assets, marking a shift from the 2017 cryptocurrency ban. The country draws inspiration from the EU’s MiCA framework, aligning with global efforts to manage digital currencies. The Moroccan Central Bank is exploring CBDCs to modernize financial systems and enhance financial inclusion. According to a recent report by Reuters, Morocco is taking a step towards adopting the cryptocurrency ecosystem by drafting legislation to regulate digital assets. This move marks a shift from its 2017 ban on cryptocurrencies. The move by Bank Al-Maghrib, Morocco’s central bank, signals the country’s intent to adapt to the growing…

Mog Coin (MOG) added to upcoming listing roadmap

ExchangesDec 4

Coinbase has added Mog Coin (MOG) to its asset roadmap. The announcement comes just a day after the platform listed its first Pump.fun token, Moodeng (MOODENG). Coinbase added MOG to its roadmap for upcoming listings. There is no hard and fast rule for the actual listing, as in the case of Moodeng (MOODENG), which launched its first market just hours after being added to the roadmap. The official Mog Coin account corroborated the news, adding to the token’s exposure. COINBASE MOGS 🫵😹 https://t.co/D1aX2554TV pic.twitter.com/15AH0IpQB1 — MOG COIN (@MogCoinEth) December 3, 2024 MOG has been a staple in meme space, with…

PancakeSwap Unveils SpringBoard to Streamline Token Launching

DeFiDec 4

PancakeSwap, the leading decentralized exchange (DEX) on BNB Chain, has introduced an innovative feature called PancakeSwap SpringBoard. This tool simplifies the process of creating, launching, and integrating liquidity for project tokens. This news has been announced today and the platform has emphasized its backing of decentralized finance (DeFi). PancakeSwap SpringBoard Offers Fair Token Distribution PancakeSwap SpringBoard is quite simple. Such tokens can be created through projects even if he or she lacks coding abilities or technical skills. Name, ticker, and other basic settings can be performed in a few minutes. This ease of use again brings more projects into the…

MANTRA Chain mainnet goes live with OM staking and KARMA rewards

AltcoinsDec 4

Mantra has launched the MANTRA Chain Mainnet, edging closer to its goal of integrating traditional finance with blockchain technology. According to a press release shared with crypto.news, the mainnet for the real-world assets platform is now live, offering users enhanced network security, regulatory compliance, and institutional-grade access to on-chain finance and tokenized assets through a comprehensive suite of tools. Tokenization is the process of converting traditional assets, such as money market funds, into digital tokens that can be transferred and utilized on blockchain networks. Through MANTRA Chain, the project aims to streamline the process of bringing real-world assets on-chain. Starting…

Ripple's Top Lawyer Slams SEC for Market Suppression

LegalDec 4

In criticism of the U.S. Securities and Exchange Commission (SEC), Ripple's Chief Legal Officer Stuart Alderoty has accused the regulatory body of engaging in actions that have artificially suppressed the cryptocurrency market. In a recent tweet, Alderoty wrote, "Turns out, the only ‘efforts of others’ that truly moved crypto markets—by causing massive and prolonged artificial suppression—were those of the SEC." The U.S. Securities and Exchange Commission sued Ripple in December 2020, alleging that the San Francisco-based business violated the law by selling XRP without first registering it as a security. Turns out, the only ‘efforts of others’ that truly moved…

Coinbase licensed by NYDFS for virtual currency services

ExchangesDec 4

Coinbase has received approval from the New York State Department of Financial Services (NYDFS) to operate in New York. This license allows Coinbase to legally offer its services in one of the most regulated markets for cryptocurrency in the U.S. Coinbase’s NYDFS license approval The NYDFS approval is a major milestone for Coinbase, allowing it to expand its customer base and offer a secure, compliant platform for trading cryptocurrencies. The license strengthens Coinbase’s commitment to meeting regulatory standards and boosts user confidence in its legal compliance and security. New York’s strict regulations ensure consumer protection, anti-money laundering (AML), and know-your-customer…

President Harris Should Buy Bitcoin to Pay Black Americans Reparations

BitcoinDec 4

Not so fast. Let’s take this one seriously. Vice President Kamala Harris went live with her first crypto-specific policy yesterday, vowing to help protect Black Americans who invest in cryptocurrency. This is standard issue stuff for the Democratic Party in 2024, where as Nik points out, the cause of anti-racism is alive and well. For the sake of argument, let’s even put aside Nik’s more valid critiques. I, too, am concerned that, without policy specifics, a Harris administration could use this policy to prevent Black Americans from the benefits of owning Bitcoin. For now, let’s deal with the very real…