Author: NBTC

Cryptocurrency critic Peter Schiff believes that Bitcoin, the leading cryptocurrency by market cap, has been in a bear market for years. Schiff has noted that the leading cryptocurrency is down 34% against gold after hitting its current high in November 2021. On Saturday, the Bitcoin price plunged to an intraday low of $59,839, reaching its lowest price point since July 14. Meanwhile, gold recently reached a fresh record high, surpassing $2,500 per ounce. Earlier this week, Schiff also predicted that creditors could pressure business intelligence firm MicroStrategy, which is known as the largest corporate holder of Bitcoin, to sell its…

There was some unexpected drama in the Shiba Inu (SHIB) world recently, when one of the enthusiasts spoke up to the crypto project lead, Shytoshi Kusama. The issue the enthusiast raised was that the Shiba Inu team does not seem to be paying enough attention to key assets in the ecosystem, like the BONE token. Instead, they are focusing on new products that have not been fully tested. In fact, the enthusiast said that there are people who do not even know what BONE is for. If you do not know, BONE is special among Shiba Inu tokens because it…

Binance has electrified the crypto community by confirming the listing of three meme coins – Neiro, Turbo, and Baby Doge Coin. This announcement catalyzed significant price movements for each coin, reflecting diverse market reactions. On September 16, 2024, at 10:00 UTC, Binance will open trading for NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT. Meme Coins Surge as High as 45% After Binance Announcement Neiro, often referred to as the ‘little sister of DOGE,’ was launched on the Ethereum blockchain. This occurred after a heartfelt announcement by the owner of the iconic Shiba Inu, Kabosu, which spurred immense interest within the community. Turbo calls…

In a throwback at Bitcoin’s early days, Bitcoin historian Pete Rizzo shared a fun fact on X, noting that exactly 14 years ago today, one Bitcoin (BTC) could be purchased for just $0.05. This historical fact provides a contrast to Bitcoin’s current market value, demonstrating its phenomenal development and adoption over the last decade and a half. On this day in 2010, Bitcoin was still in its early stages, known only to a few tech enthusiasts and early adopters. The cryptocurrency, created by the mysterious Satoshi Nakamoto, was still in the process of proving its utility and value proposition. FUN…

Binance has announced support for the Sei (SEI) network upgrade scheduled for September 16, 2024 at approximately 19:00. Binance Sei (SEI) Will Support Network Upgrade In preparation for the upgrade, the exchange will suspend token deposits and withdrawals on the Sei and Sei EVM networks starting at 18:00 on the same day. The network upgrade will occur at block height 102,491,599 and token trading on the affected networks will not be affected. Binance will manage all technical aspects of the upgrade on behalf of its users. Deposits and withdrawals will resume once the upgraded network is confirmed to be stable,…

Bitcoin Layer-2 (L2) solutions have recently garnered significant attention within the crypto community. However, a new report highlights potential challenges regarding their long-term viability. Layer-2 solutions aim to enhance the Bitcoin blockchain’s scalability and speed by processing transactions off the main chain. Despite their promise, these solutions might encounter issues related to high data posting costs. High Data Costs Could Hinder Bitcoin Rollups’ Long-Term Viability According to Galaxy Research, Bitcoin rollups, which rely on Bitcoin for data availability, may struggle with elevated data posting costs. The limited 4MB blockspace on the Bitcoin network creates a scarcity that could impact these…

During Monday’s World Liberty Financial launch event hosted by Decrypt’s sister company Rug Radio, former U.S. President Donald Trump credited the excitement over his own branded NFT projects with his change of heart towards cryptocurrency. As the Republican candidate for president explained, Trump saw that the majority of his NFT trading cards minted on Ethereum scaling network Polygon were being purchased with cryptocurrency—and that his supporters were excited about his entry into the space. “So many people paid this way,” Trump said. “If they would have been paying in dollars, I would have said that’s standard, I would have assumed—and…

Global cryptocurrency exchange OKX has announced the listing of two new USDC spot trading pairs to further support the growth of the USDC ecosystem. OKX Lists New USDC Spot Trading Pairs Users will be able to trade the newly listed DOGS/USDC and NOT/USDC pairs between 09:00 AM and 09:30 PM starting September 20, 2024. This move aims to provide OKX users with a wider range of trading options and highlights the exchange’s ongoing commitment to meeting the evolving needs of its global community. These new pairs are part of OKX’s broader strategy to increase liquidity and strengthen the adoption of…

Bitcoin has surged back this year, exploding back into the spotlight thanks to long-awaited Wall Street adoption and Donald Trump readying a bitcoin bombshell. The bitcoin price topped its 2021 all-time high in March but has since trended lower, dropping under $60,000 per bitcoin on Saturday, as fears swirl of a huge stock market crash and devastating U.S. recession, with the FBI issuing a serious crypto warning. Now, after Shark Tank billionaire Mark Cuban issued a “crazy” bitcoin price prediction, a leak has revealed Wall Street giant Morgan Stanley is gearing up to trigger a spot bitcoin exchange-traded fund (ETF)…

Cardano has announced the release of a major wallet update just ahead of the highly anticipated Chang hard fork. This wallet release marks a major step in preparing Cardano for one of its most transformative upgrades. In a recent tweet, Cardano developer Input Output Global (IOG) announced that Daedalus version 6.0.0 has been released to mainnet, pre-prod, and preview. Daedalus 6.0.0 is the mainnet release required to move through the upcoming Chang hard fork and operate in the Conway era, so all Daedalus users may need to update to this version. This version updates to node 9.1.0, Cardano wallet v2024-07-27,…