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 Analyst Predicts Final Correction Before All-Time High Push

BitcoinNov 30

Michael Van de Poppe, a prominent cryptocurrency analyst has reaffirmed their bullish outlook on Bitcoin (BTC), stating that the leading digital currency is poised for a slight correction before rallying towards a new all-time high. This forecast comes amid volatile market conditions and ongoing liquidity movements observed in the crypto space. In a recent tweet, the analyst shared their view on Bitcoin’s price action, maintaining that the cryptocurrency will experience one final dip before the next upward momentum. To me, #Bitcoin still remains to have the same theory. I think we'll correct slightly, the final correction, and then, from next…

Crypto Analyst Issues Ethereum Alert, Says ETH Approaching the First ‘Trouble Area’ – Here Are His Targets

EthereumNov 30

A widely followed crypto analyst is leaning bearish on Ethereum (ETH) despite the digital asset recently showing strength. In a new strategy session, pseudonymous crypto trader Credible Crypto tells his 441,400 followers on the social media platform X that Ethereum is rapidly approaching a trouble area when paired against Bitcoin (BTC). Based on the analyst’s chart, it appears that he is suggesting that the Ethereum/Bitcoin pair (ETH/BTC) could fall by roughly up to 20% from its current level. Source: Credible Crypto/X Ethereum is trading at 0.0369300 BTC ($3,568) at time of writing. On the Ethereum/US dollar pair, the widely followed…

Brian Armstrong, Elon Musk Slam Biden Administration Over ‘Mass Debanking’

RegulationNov 30

Coinbase CEO Brian Armstrong and technology billionaire Elon Musk have accused prominent political figures, including Senator Elizabeth Warren and SEC Chair Gary Gensler, of orchestrating a “mass debanking” campaign targeting the technology and cryptocurrency sectors during the Biden administration. Their remarks follow revelations about secretive actions that allegedly resulted in the closure of bank accounts for dozens of tech entrepreneurs without notice or recourse. Crypto Leaders Strong Rebuke of the Biden Administration In a post on X (formerly Twitter), Armstrong labeled the debanking incidents as “unethical and un-American.” He pointed fingers at Warren and Gensler, accusing them of attempting to…

An AI Bot Worth Millions? The Unbelievable Story of Truth Terminal and GOAT

AltcoinsNov 30

While the crypto market experienced a subtle uptick of 0.06% over the past 24 hours, the artificial intelligence (AI)-driven meme coin goatseus maximus (GOAT) took a bolder path, climbing by double digits within the same period. How Did an AI-Created Meme Coin Capture a $700M Market Cap in Weeks? One thing is clear: while both bitcoin and ethereum have enjoyed decent percentage gains in 2024, those gains are modest next to the wild growth seen in the meme coin and AI-driven token sectors this year. In short, if a meme coin with a touch of playful absurdity hit the market,…

Revolutionizing Security in the Aptos Ecosystem

BlockchainNov 30

The Aptos blockchain has taken a significant leap forward in security and asset management with the launch of Rimosafe, a state-of-the-art multisig platform built natively for the Aptos ecosystem. Designed to combine the intuitive functionality of traditional fintech with the technical precision of blockchain technology, Rimosafe aims to redefine on-chain security and usability for the Aptos community. Multisig on Aptos >> Wishing a warm welcome to @rimosafe—which brings a critical layer of security to the Aptos ecosystem 😎 https://t.co/hNfAkSp0W3 — Aptos (@Aptos) November 28, 2024 Multisignature (multisig) wallets are essential for securing valuable on-chain assets, and Rimosafe introduces a sophisticated…

What It Means for Prices

BitcoinNov 30

The crypto market will witness $1.62 billion in Bitcoin and Ethereum options contracts expire today. This volume of options expiring could cause short-term price volatility, potentially affecting traders’ profitability. Specifically, the Bitcoin (BTC) options due for expiry are valued at $1.25 billion, while those of Ethereum (ETH) are worth $367 million. Bitcoin and Ethereum Holders Brace For Volatility According to data on Deribit, 18,583 Bitcoin options will expire today, slightly higher than the 18,271 contracts that went bust last week. The options contracts due for expiry today have a put-to-call ratio of 0.86 and a maximum pain point of $64,000.…

Pump.fun monthly revenue hits new all-time high with $82.8m

RegulationNov 30

Pump.fun has recorded its highest monthly revenue in history. The meme coin launchpad made a revenue of $82.78 million in November, soaring 207% from the month prior. According to data from DeFi Llama, pump.fun’s November revenue skyrocketed to $82.78 million, the highest it has ever been since its launch in March 2024. The number is bound to increase as the month is not over, but it has already contributed to more than 35% of its total earnings. The launchpad saw a 207% increase from its October monthly revenue which amounted to only $30.5 million, indicating a massive uptick of user…

XRPL AMM Sees “Extreme” Increase in Volume

AltcoinsNov 30

Automated Market Makers (AMMs) have experienced an "extreme" increase in volume. On Oct. 27, XRPL recorded a total of $3.9 million in AMM volume, which is a new record high. The massive spike in volume was caused by a flood of meme cryptocurrencies. A slew of micro-cap coins recently came out on XRPL following the launch of First Ledger, which is a "meme coin factory" that is similar to Solana's extremely successful Pump.fun platform. The vast majority of them are basically worthless. As of now, the DROP meme coin is the lead with a market cap of just $6.92 million.…

Unibase Partners with aelf Blockchain to Accelerate AI Innovation

BlockchainNov 30

Unibase AI is thrilled to announce its partnership with aelf blockchain. This strategic collaboration aims to bring scalable AI solutions to the forefront. It is done by leveraging the sophisticated, multi-layered architecture of aelf blockchain and its efficient use of the C programming language. Unibase is an AI-powered blockchain solutions provider while the aelf blockchain is a cutting-edge AI-enhanced Layer 1 blockchain network. @Unibase_AI is excited to partner with @aelfblockchain.@aelfblockchain : an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Get ready for more innovations… pic.twitter.com/sj6LwCHdUr — Unibase…

Bitcoin Price Positioned for More Upside: Can It Keep Climbing?

BitcoinNov 30

Bitcoin price holding gains above the $67,000 resistance zone. BTC is now consolidating and aiming for more gains above the $68,350 resistance. Bitcoin remained stable and extended gains above the $67,500 zone. The price is trading above $67,400 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally further if there is a close above the $68,200 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price remained supported above the $67,000 pivot zone. BTC remained…