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NBTCNEWS

Author: 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 Could Hit Turbulence From US Bond Yields, Fed Policy: Analyst

Bitcoin has climbed 11% in the past week and is within range of the highs it saw in July. But there may be trouble on the horizon for the price of Bitcoin when you zoom out to look at macroeconomic factors, said one analyst. Yuya Hasegawa, a crypto market analyst at Bitbank in Japan, highlighted that rising U.S. bond yields are "a bit of a concern for Bitcoin looking ahead." Simply put, when bond yields begin to remain elevated it can make them more appealing than risky assets like Bitcoin. That can lead investors to siphon money out of risky…

The Reality Behind Meme Coins

Mog Coin sets itself apart through a community-driven focus on humor and viral content, attracting meme enthusiasts globally. Chainlink enhances smart contracts by providing secure access to external data, crucial for their effective deployment in various applications. Conflux’s Tree-Graph consensus mechanism enables rapid, low-cost transactions, positioning it as a strong competitor in the blockchain landscape. As the landscape of cryptocurrencies continues to evolve, a few tokens do not only shine technologically but are also culturally significant. The two major coins are Shiba Inu (SHIB) and the recently minted meme coin, called Mog Coin(MOG). MOG aims for irreverence and to disrupt…

Maximize Gains with Best Wallet and LayerZero

LayerZero, StarkNet, and ZkSync offer unique airdrop opportunities by participating in cross-chain activities and Layer-2 scaling solutions. Best Wallet and Rhino.fi airdrops reward users for completing quests and interacting with DeFi, boosting your crypto earnings. Participate in swaps, staking, and farming to qualify for upcoming airdrops from LayerZero, StarkNet, ZkSync, Best Wallet, and Rhino.fi in 2024. The LayerZero, StarkNet, ZkSync, Best Wallet, and Rhino.fi will soon drop their tokens with their airdrops. From cross-chain communication and Layer-2 scaling solutions to DeFi adventures, these projects open too many possibilities to earn crypto by simply enjoying their ecosystem: swap, stake, farm, or…

Justin Sun Announces Q4 Plan to Upgrade USDD on Tron Network to Bolster Stablecoin Market

Tron plans to upgrade USDD in Q4, aiming to position it as a leading decentralized stablecoin backed by TRX’s $16B market cap. Justin Sun targets a $3B market cap for USDD, leveraging Tron’s strong liquidity and over $2B in annual on-chain revenue. Tron’s upgraded USDD will focus on transparency, adding Bitcoin as collateral and utilizing TRX’s stable performance. Tron’s founder, Justin Sun, has announced that in Q4 of 2024, the network’s top priority will be upgrading USDD stablecoin. The announcement, shared on X Sun, highlights Tron’s determination to make USDD the market’s top decentralized stablecoin by market capitalization and trading…

Tonkeeper Launches Black Friday Deals with Cashback Rewards

Tonkeeper, the leading non-custodial wallet for The Open Network (TON) ecosystem, is teaming up with various partners to offer cashback rewards, discounts, and exclusive giveaways over Black Friday promotions. The promotion runs from November 29 to December 1, 2024. It aims to captivate TON users with multiple offers and lucrative cashback rewards. These offers are designed to enhance user engagement and rewards for the crypto community. Tonkeeper’s Exciting Cashback and Exclusive Rewards Tonkeeper’s Black Friday promotion boasts an impressive lineup of incentives. Users who purchase NFTs through GetGems will automatically qualify for a giveaway featuring exclusive prizes. Additionally, Tokenstore offers…

The Bitcoin Mempool Drama Was All Too Predictable

So mempool.space recently added features to spot Runes and Ordinals transactions, and Bitcoin monetary maximalists totally lost it. As a Bitcoiner and observer of Bitcoin culture, this whole drama felt completely normal and predictable. Over time, an ideological split has emerged between Bitcoin monetary maximalists ", who see Bitcoin as only money and nothing else," and those open to buildings things on Bitcoin, whether it be innovative or crypto-esq, like Ordinals, Runes and Tokens. With this split mindset now entrenched, the mempool.space backlash was inevitable. To clarify some FUD going around: The Mempool Open Source Project does not support “ord”…

Charles Hoskinson Foresees Nation-State Governance on Cardano by 2030

Cardano’s Chang hard fork sets the stage for decentralized governance, aiming to host a nation-state by 2030. Charles Hoskinson envisions Cardano enabling national governance, supported by smart contracts and on-chain voting. Cardano’s upcoming node v10.0 and governance upgrades fuel its 2030 goal of supporting a nation-state. Charles Hoskinson, founder of Cardano, has expressed plans for blockchain in the letter addressing the community, attributing the possibility of a nation-state running on the Cardano blockchain by 2030. In a keynote address titled “After Voltaire: The Next Evolution of Cardano,” Hoskinson discussed how Cardano could become essential support in governance and decentralized systems.…

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Ripple’s legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple’s battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief’s Vision for SEC’s Crypto Reset Ripple’s chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S. Securities and Exchange Commission (SEC) leadership. Alderoty expressed confidence in the transition team’s ability to address crypto regulation effectively, urging several actions. He wrote: I trust the transition team to make the right call with these table stakes for crypto in mind. The Ripple legal chief recommended ending non-fraud-related crypto…

OKX announces Smart Picks launch, Forteus partnership, and Phantom Wallet integration with OKX DEX API

On November 27, OKX, one of the top cryptocurrency exchanges and on-chain technology companies, announced the launch of its AI-powered trading feature, Smart Picks. In its announcement, it claimed the tool will reduce the complexity of crypto trading. While it called the feature “the first of its kind in the crypto market,” OKX says it will allow users to identify some of the top automated strategies available from its strategy categories. It also said traders can apply the strategies when trading BTC, ETH, and SOL. The exchange revealed that the tool will be available on the exchange’s Smart Trading platform…

Gold hits new all-time-high at $2,700 amidst bullish Bitcoin

Gold has gone up more than 2% in the past week, reaching a new all-time high fueled by global demand for safe-haven assets and anticipated interest rate cuts from major central banks, while Bitcoin continues to climb above $67,000. According to Trading Economics data, the price of gold has hiked up to $2,700 per ounce on Oct. 18, reaching a new record high. In the past week, gold has gone up by 2.08% and nearly 5% in the past month. This rise in gold is driven by growing demand for safe-haven assets and expected interest rate cuts by major central…