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.

Coinbase CEO Shares Four Key Indicators Confirming the ‘Internet of Money’ Vision is Taking Shape

BlockchainNov 30

Coinbase CEO Brian Armstrong recently expressed admiration for how the vision of the Internet of Money, championed by crypto and blockchain, is already taking shape. In a recent tweet, Armstrong highlighted that key technological innovations are converging to create an accessible, scalable, and user-friendly decentralized financial system. He pointed out four critical components, which he calls “Lego pieces,” that are helping to bring this vision to life. Lego Pieces Assembling for the Internet of Money Leading the pack, Armstrong pointed to Base, Coinbase’s Layer 2 blockchain solution. He noted that Base is a crucial piece in enabling blockchain networks to…

Bitcoin Sees Highest Gains in Liquidity Booms, Outperforming NASDAQ and Gold, Will it Happen This Time?

BitcoinNov 30

Bitcoin outperformed traditional assets during the 2020 monetary expansion and may outperform again with potential liquidity increases. Bitcoin’s ability to thrive during periods of monetary expansion has been highlighted by insights from Ecoinometrics, a provider of crypto-related data. As major economies face potential fiscal challenges, the spotlight returns to how Bitcoin responds when fiat currencies experience debasement. The most significant example of this phenomenon can be traced back to 2020 when the U.S. and global governments injected massive liquidity into their economies in response to the COVID-19 pandemic. Bitcoin performs best during periods of monetary expansion. It performs better than…

Could This Be the Move Toward Fresh Highs?

EthereumNov 30

Ethereum has broken a major weekly resistance, now testing it as a potential support level, marking a bullish technical shift. A weekly close above the flipped resistance strengthens the possibility of a rally toward new all-time highs with minimal barriers ahead. Broader market dynamics and macroeconomic factors could introduce volatility, but ETH’s setup remains promising for traders. Ethereum (ETH) has made a significant move by breaking above a crucial weekly resistance level, a development that analysts say could pave the way for a new phase of upward momentum. This breakout, if confirmed with a strong weekly close, signals a shift…

JUST IN! Binance Labs Announces New Cryptocurrency Project It Invested In!

RegulationNov 30

Binance Labs, the venture capital and incubation arm of Binance, the world's largest cryptocurrency exchange, has invested in Astherus. Binance Labs has announced an investment in Astherus, a multi-asset liquidity center dedicated to maximizing real returns on crypto assets. By leveraging the utility of digital assets, Astherus provides decentralized finance (DeFi) users with a variety of opportunities to generate sustainable profits and maximize returns. Astherus aims to address inefficiencies in DeFi by focusing on maximizing the real return on assets, delivering sustainable and tangible returns, while simultaneously increasing the utility and liquidity of digital assets within the ecosystem. “Astherus’ approach…

0xMantle Introduces Agora’s $AUSD Stablecoin to Transform Digital Finance

AltcoinsNov 30

Agora’s $AUSD stablecoin offers businesses a stable and trustworthy digital currency option. The collaboration with Wormhole seeks to improve liquidity across multiple blockchain networks. This launch initiates a new era for stablecoins, emphasizing fairness and broad access. On October 25, 2024, 0xMantle announced the launch of Agora’s $AUSD stablecoin. This launch is a major advancement for financial solutions within the Mantle ecosystem. As the first Ethereum Layer 2 deployment of AUSD, it aims to provide a secure digital currency. $AUSD is backed by cash, U.S. Treasury bills, and overnight repo agreements. 🔈JUST IN: 0xMantle has deployed Agora’s $AUSD stablecoin on…

Polyhedra Network Partners with Cysic to Revolutionize Real-Time ZK Hardware Proving

BlockchainNov 30

Polyhedra Network has recently announced an exclusive collaboration with Cysic. The partnership between Polyhedra Network and Cysic targets to development of a real-time zero-knowledge hardware prover, merging several acceleration approaches. The platform took to social media to disclose the respective partnership. We are thrilled to partner with @Cysic_xyz! This will serve to build a real-time ZK hardware prover, combining multiple acceleration approaches. We believe this work will benefit both the security of the ZK community and accelerate the realization of $ETH Verge approach. pic.twitter.com/rjH9Ggg0R8 — Polyhedra Network (@PolyhedraZK) November 27, 2024 Polyhedra Network and Cysic Join Forces to Develop a…

Bitcoin Bulls Look to $70K Breakout—Can Support Hold?

BitcoinNov 30

Bitcoin is nearing the crucial $70,000 resistance level, where substantial liquidity and psychological significance reside for traders. The cryptocurrency’s price is supported by the Daily 200MA and 200 EMA, which have been instrumental in its bullish movement. If Bitcoin holds above the moving averages, investors expect a higher low formation, but failing to do so could trigger a market correction. Bitcoin in the last few weeks has shown unrelenting bullish pressure, setting higher high and higher low formation on the price chart. According to the current trend analysis, the cryptocurrency is heading towards the $70,000 resistance levels that many stockists…

Ethereum Struggles Below $3,659 Resistance: Is Momentum Fading?

EthereumNov 30

Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher. The pause has raised questions about whether Ethereum’s rally is losing steam or simply gearing up for its next big move. This article aims to analyze ETH’s current consolidation below the $3,659 resistance level, focusing on its implications for market pressure. It will also determine whether ETH can regain its upsurge or if fading strength could lead to further declines through technical indicators, support…

Crypto in 2024 Reaches $3 Trillion Market Cap, Embraced by 72% of Retail Investors

RegulationNov 30

It is no secret that crypto took time before being taken seriously as an asset class. In the years following Bitcoin’s launch, many did not fully understand its underlying technology and viewed the idea of digital currency sceptically or as unrealistic. Since then, crypto has gradually developed into an asset class of its own, with approximately 20,000 unique cryptocurrencies and the combined market capitalisation is over $3 trillion this year. Concurrently, investing in crypto has become fairly normalised thanks to its maturation, which now includes significant interest from financial institutions. The post-election crypto rally has revived FOMO (fear of missing…

Chainlink (LINK) Extends Run As Top ERC-20 Project in Terms of Development Activity: Santiment

AltcoinsNov 30

The decentralized oracle network Chainlink (LINK) is once again the top-ranked ERC-20 project in terms of recent development activity, according to the crypto analytics platform Santiment. Santiment notes on the social media platform X that Chainlink registered 649.03 notable GitHub events in the past 30 days, nearly double the number of the second-ranked project, Ethereum (ETH), which clocked 342.2. The decentralized oracle project also topped the list in June, July and September. The web3 project Status (SNT) ranked third in the past 30 days, registering 270.57 events. Status aims to offer users a secure messaging app, crypto wallet and web3…