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.

Celsius begins second distribution of $127 million to eligible creditors

RegulationDec 1

Key Takeaways Celsius Network's second distribution of $127 million raises recovery rate to 60.4% for creditors. Creditors will receive Bitcoin valued at $95,836.23, the weighted average price for this distribution. Celsius Network is distributing $127 million to eligible creditors in its second payout under bankruptcy proceedings, following the crypto lender’s collapse in July 2022, according to court filings. The latest distribution raises the total recovery rate to 60.4% of eligible claims, building on January 2024’s initial payout that delivered approximately 57.65% of eligible claims in liquid crypto assets or cash. The second distribution consists primarily of liquid crypto assets, with…

SHIB Team Mystifies Community with Recent 4-Word Tweet

AltcoinsDec 1

The Shiba Inu marketing lead known under the pseudonym Lucie has addressed the SHIB army with an intriguing tweet, which raised a wave of positive comments from the community. The tweet consists of just four words and it seems to be meant as a motivation post. Even though it does not mention any Shibarium update or project in particular, it urges the SHIB army to be patient and believe that the best times for the Shiba Inu ecosystem are ahead. Step by step Patience — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 25, 2024 This is a likely reference to a Friday post, where…

To Succeed Bitcoin Needs Something New, Not More of the Same

BitcoinDec 1

Too much of this space, and things being built around it, is centered around essentially mimicking the legacy financial system. There is not much being built trying to blaze new grounds. Micropayments, while admittedly something I’ve been very critical of due to the user experience of having to think about tiny transactions all day, has seen almost no real experimentation or development in trying to solve that UX problem at scale. I struggle to think of any application that is truly innovative. Yes, things like crowdfunding or micropayments in games remove a central point of control that can be used…

What to Expect from Ethereum (ETH) in December 2024: Analysts Weigh In

EthereumNov 30

In the past 30 days, Ethereum’s (ETH) price has surged by 33%, fueling speculation about the cryptocurrency’s potential to hit new highs. While it seems unlikely as this month draws to a close, analysts’ Ethereum December prediction could bring in more gains for holders. BeInCrypto explores these forecasts, uncovering the key drivers behind the bullish sentiment surrounding ETH. Analyst Bullish on Ethereum, but Give Conditions According to Juan Pellicer, Senior Researcher at IntoTheBlock, Ethereum’s December prediction could see the cryptocurrency hit a new all-time high. However, in his opinion, Pellicer said that this would only come to pass if ETH…

Tornado Cash Ruling a Boon For Ethereum and DeFi Says 10X Research

RegulationNov 30

The Fifth Circuit Court's ruling on Tornado Cash on Wednesday has triggered widespread optimism, with decentralized protocols on Ethereum and privacy-focused tokens seeing significant gains. On Tuesday, the court found that immutable smart contracts aren't property and can't be sanctioned under existing laws, signaling what some observers claim as a major win for privacy advocates. "While the ruling does not endorse money laundering, it establishes a precedent allowing programmers to develop and release smart contract protocols without fear of sanction, provided they do not charge fees," 10X Research said in a note to investors on Wednesday. The move could also…

Solana Finally Flips All EVMs? Not Exactly, Expert Clarifies

AltcoinsNov 30

As more and more reports signal for Solana (SOL) finally exceeding all EVM blockchains by on-chain trading volume, pseudonymous DeFi expert @jpn_memelord decided to study this phenomena. According to his data, the picture looks way more sophisticated, and Ethereum (ETH) might still be "the king." Solana's (SOL) trading volume comes from illiquid pools and meme coins, data says In the last 30 days, Solana (SOL) managed to surpass EVM chains by trading volume only thanks to low-liquidity pools and meme coins launched on Pump.Fun. Should we only track sustainable liquidity pools with large stable volume, Solana (SOL) could not be…

Bitcoin Is Only 9% From All-Time High, But a Reversal Might be Incoming

BitcoinNov 30

Bitcoin’s price recently experienced a surge, pushing it to a near three-month high. This rally has brought Bitcoin closer to its all-time high (ATH), sparking renewed optimism among traders and investors. However, despite this momentum, the presence of large whale transactions and substantial profits suggests a possible market drawdown, putting Bitcoin’s bullish outlook in jeopardy. Bitcoin Is the Talk of the Town Santiment’s latest data reveals a significant increase in whale transactions, with Bitcoin transactions over $100,000 reaching a 10-week high. This surge in whale activity often signals a shift in market behavior, as large holders are known to influence…

the optimistic price prediction for ETH in December 2024

EthereumNov 30

The price forecast for Ethereum (ETH) for December 2024 was discussed by the analyst from Bitget Research, Ryan Lee. What are the key factors influencing the performance of the second crypto by market cap? Ethereum (ETH) and its price prediction for December 2024: the key factors Ethereum: the price prediction says that ETH can fluctuate between 3,000 and 4,500 dollars The performance of the second crypto by market cap Ethereum (ETH) and its price prediction for December 2024: the key factors The analyst from Bitget Research, Ryan Lee, announced his price prediction for Ethereum (ETH) for the upcoming month of…

Metaplanet shares added to Amplify Transformational Data Sharing ETF

RegulationNov 30

Metaplanet has been added to the the Amplify Transformational Data Sharing ETF or BLOK, a global index that invests in leading blockchain companies including SBI Holding, MicroStrategy and Nvidia. On Nov. 28, the Japanese investment firm announced its inclusion into BLOK, joining a lineup of 53 companies that engage in the development and utilization of blockchain technology. The ETF features leading industry players including MicroStrategy, Robinhood, Nvidia, and SBI Holdings. According to the press release, Metaplanet’s estimated starting weight on the BLOK will be around 2.9%. As of Nov. 29, the companies occupying to top spots on the Amplify Transformational…

Top Meme Coins WIF, PEPE Bleeding, but This Expert Is Optimistic

AltcoinsNov 30

Today, Oct. 26, 2024, all crypto markets are in red, scared by yesterday's announcement about the alleged DoJ investigation against Tether. Meme coins perform even weaker than their competitors, but seasoned cryptocurrency commentator Miles Deutscher indicates some opportunities here. Meme coins WIF, PEPE in Miles Deutscher's pick today Amid the ongoing decline of cryptocurrency market capitalization, some altcoins demonstrate potential for an upsurge, based on tech analysis patterns. Major meme coins Dogwifhat (WIF) and Pepe (PEPE) are among the candidates, cryptocurrency analyst Miles Deutscher says to his 551,000 followers on X. Lots of alts look like decent adds today.$WIF, $PEPE,…