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.

Bitcoin Mining Profitability Improved in November, JPMorgan Says

MiningDec 3

Bitcoin (BTC) daily mining revenue and gross profit rose in November as the world's largest cryptocurrency hit record highs, but it is still about 50% below pre-halving levels, JPMorgan (JPM) said in a research report Monday. "We estimate that bitcoin miners earned an average of $52,000 per EH/s in daily block reward revenue in November, up 24% from October," analysts Reginald Smith and Charles Pearce wrote. The bank noted that transaction fees on the network spiked following the U.S. Nov. 5 presidential election and this provided some "hashprice relief." The hashprice is a measure of mining profitability. The total market…

'Bitcoin Price Is in Window', Here Are Options

BitcoinDec 3

Old-school commodities trader Peter L. Brandt, who has been in the trading business since the 1970s, has taken to this account on the social media platform X (widely known as Twitter in the past) to share an important BTC message with the global crypto community. Peter Brandt's "Bitcoin window" statement Peter Brandt often publishes X posts about Bitcoin, Ethereum, Solana, and sometimes other cryptocurrencies. In the past, he also commented on XRP price moves until he found the XRP community’s responses too toxic at times. According to Brandt’s tweets, he believes in the potential of Bitcoin best of all. While…

Ethereum (ETH) Surges 44% in 30 Days, but Caution Flags Emerge

EthereumDec 3

Ethereum (ETH) price has jumped 43.88% in the last 30 days, showing strong momentum. The declining supply of ETH on exchanges suggests that holders are becoming more confident, moving their tokens to long-term storage. At the same time, whales are stepping in and accumulating more ETH, adding to the bullish sentiment. With EMA patterns also leaning positive, the market seems to be gearing up for an interesting phase. ETH Supply on Exchanges Is Decreasing Between November 3 and November 18, the Ethereum supply on exchanges increased significantly, rising from 12.2 million to 12.7 million. This upward trend indicated a growing…

Only 5 Tokens Show Positive Returns

AltcoinsDec 3

As 2024 continues, the performance of newly listed tokens on Binance reveals a tough year for investors. PANews data shows that out of 37 tokens listed on Binance this year, only five have positive performance. These tokens include JUP, WIF, DOGS, NEIRO, and TURBO. The rest have declined, with the worst performer, AEVO, falling over 88% since its debut. Most tokens listed this year have lost between 30% and 80%, making investors wary. 如果你今年投资了每个币安上币的项目，那么你当前的胜率仅为 13.5%！👀🙂 根据@0xAndrewMoh 的最新分析，2024年币安上的37个代币中，除 $JUP $WIF $DOGS $NEIRO $TURBO 这五个外，其剩下的全部下跌。$NEIRO… pic.twitter.com/U9I6Y71QK2 — PANews (@PANewsCN) October 24, 2024 NEIRO: The Standout Performer One of the few bright spots…

Bitcoin Exchange OKX Announces It Will Delist This Altcoin From Its Platform!

ExchangesDec 3

OKX announced plans to delist two trading pairs, GFT/USDT and GFT/USDC, as part of its routine review to maintain a robust trading environment. OKX to Delisting GFT/USDT and GFT/USDC Trading Pairs on December 3 The delisting process will take place between 12:00 and 12:30 on December 3, 2024. Important Details Regarding the Delisting Process GFT/USDT and GFT/USDC trading pairs will be removed within the specified timeframe. Users are advised to cancel all open orders for these pairs before removing them from the list. Orders that are not cancelled will be automatically cancelled by the system, which may take 1-3 business…

Bitcoin Mining Revenue Jumped 24% in November as Price Approached $100K

MiningDec 3

Bitcoin miners reported significant profits in November due to the rally in Bitcoin prices and increased transaction fees. While still below pre-halving levels, the cryptocurrency mining sector experienced a notable uptick, with publicly listed miners seeing their market cap jump 52%, according to JPMorgan. Analysts noted that Bitcoin miners earned $52,000 daily per exahash (EH/s) in November, reflecting a 24% increase from October. This boost came as Bitcoin reached new heights, with transaction fees spiking around the US presidential election on November 5. This surge offered miners much-needed hashprice relief, a key measure of mining profitability, Coindesk reported. The overall…

$57 Million Bitcoin Transfer Stuns Top Crypto Exchange, Binance

BitcoinDec 3

Bitcoin (BTC) is showing strong bullish momentum today, eyeing a new all-time high in this bull run. Meanwhile, whales appear to be triggering a massive buying spree and reaping the benefits of this ongoing rally. According to Whale Alert, a Bitcoin whale has withdrawn 853 BTC from crypto exchange Binance. The transfer, valued at $57 million at the time of the transaction, was revealed through a tweet by Whale Alert. While such large movements of Bitcoin are not uncommon in the crypto market, the size of this Bitcoin transfer has led to a range of theories about its potential effects…

GOAT Meme Coin Blasts Into Top 100 Tokens Following Binance Futures Listing

AltcoinsDec 3

Goatse Maximus (GOAT), a Solana meme coin originally conceived by an AI bot, peaked at new all-time high price of nearly $0.88 on Thursday as it broke into the top 100 cryptocurrencies by market capitalization for the first time. The latest spike came after Binance announced it would launch futures trading for the token, becoming the first token launched via meme coin factory Pump.fun to hit the largest centralized exchange in the world. This all began when Truth Terminal, a Twitter-based AI chatbot that uses a tweaked version of Meta’s Llama 3.1 model, started prophesying about a religion based around…

Portal Launches Cross-Chain Crypto Gaming Hub and Wallet

GameFiDec 3

Portal attracted a lot of attention earlier this year following its massive PORTAL token launch—which is the fifth-largest gaming token launch of 2024—and its airdrop. Now, several months later, the crypto gaming project is launching its wallet and game discovery hub. While the crypto gaming space has continually grown and evolved, it still has lingering issues and roadblocks to mainstream adoption—two of which Portal believes it’s addressing. First, games are spread across a plethora of networks, with what feels like a new layer-2 gaming network appearing every month or so. That’s why Portal Wallet supports 20 Ethereum Virtual Machine (EVM)…

Binance Supports Wise Monkey (MONKY) Airdrop for FLOKI and APE Holders

ExchangesDec 3

Binance supports rewarding FLOKI and APE holders with free MONKY tokens. FLOKI gets 2.7 trillion MONKY, APE receives 800 billion MONKY tokens. MONKY listing depends on Binance’s stringent review process for new tokens. Binance has announced its support for the highly anticipated Wise Monkey (MONKY) airdrop, which aims to reward FLOKI and ApeCoin (APE) holders with MONKY tokens. This airdrop reflects Binance’s commitment to rewarding loyal communities while supporting new projects in the crypto space. Airdrop Details For FLOKI & APE Holders Wise Monkey has allocated a massive 2.7 trillion MONKY tokens for FLOKI holders and 800 billion MONKY tokens…