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.

Musk’s Department of Government Efficiency (DOGE) token hits $52m value

AltcoinsNov 29

The Department of Government Efficiency (DOGE) token surged and reached its all-time high after the wildly successful Donald Trump rally at the Madison Square Garden. The token soared to a high of $0.05345, giving it a market cap of over $52 million. Trump Madison Square Garden rally The DOGE token surge happened after Donald Trump appeared with Elon Musk and other leading conservatives at the Madison Square Garden, the popular venue in the deep blue New York state. In it, Trump is working to flip a state that has not voted for a Republican president in decades and one that…

Cameron Winkelvoss Calls for Inquiry Into SBF’s $100M Campaign Finance Breaches

LegalNov 29

Cameron Winkelvoss, the Gemini co-founder and CEO, in a recent X post has called out for an inquiry into the drop of a controversial charge involving the defunct-FTX co-founder Sam Bankman Fried. It would be great if incoming Attorney General can look into why the campaign finance charges against SBF were dropped. Why was it not in the public's interest to pursue charges related to the $100 million of stolen customer funds given to Democrats to influence elections? pic.twitter.com/xvd98jph8Y — Cameron Winklevoss (@cameron) November 23, 2024 “It would be great if incoming Attorney General can look into why the campaign…

Binance Futures lists CHILLGUY as market cap hits $600M

ExchangesNov 29

Binance announced Wednesday it would list TikTok-inspired meme coin CHILLGUY and Morpho lending protocol’s MORPHO on its futures market. The listing came after CHILLGUY hit $600 in market cap within two weeks of launch. CoinGecko data shows that CHILLGUY’s value has risen around 7% over the past 24 hours, while extending its weekly gains to 80%. The token reached a new high of $0.65 in early trading today but has experienced a pullback, currently trading at approximately $0.53. Source: CoinGecko As of the latest market data, the token’s market cap sits at around $534 million, overtaking popular meme coins Turbo…

Inspired by Texas, Swiss Canton Embraces Bitcoin Mining to Optimize Energy

MiningNov 29

The Swiss Canton of Bern has passed a Bitcoin mining bill with a significant majority of 85 votes in favor. The parliament will now explore the impact of Bitcoin mining in the region. The legislation, proposed in March, aims to support renewable energy and utilize surplus energy for Bitcoin mining. Samuel Kullmann, a Bitcoin advocate and member of the Federal Democratic Union of Switzerland (EDU), announced in an X post on November 28 that the parliament had approved a measure to study Bitcoin mining. Despite opposition from the Government Council, the legislation passed with 85 votes in favor and 46…

Analysts Reveal Their Year-End Expectations for Bitcoin (BTC), Citing Their Previous Successful Predictions as an Example!

BitcoinNov 29

While Bitcoin has managed to stay above $65,000 in recent days, expectations of a rise in the market have also increased. At this point, while new ATH predictions for BTC are coming, cryptocurrency company Matrixport stated that the $70,000 price target for Bitcoin by the end of the year may be too modest. Analysts said their February 2024 report predicting Bitcoin could reach $70,000 by the end of the year was too modest compared to current levels. Matrixport analysts noted that their $70,000 prediction was successful, but the $70,000 estimate may be too conservative, as the BTC price is likely…

Here’s How High Shiba Inu Could Rise if Total Crypto Market Cap Reaches $10T

AltcoinsNov 29

Shiba Inu (SHIB) could move closer to its previous all-time high (ATH) if it maintains its dominance at a $10 trillion total crypto market capitalization. The prices of various crypto assets, including Shiba Inu (SHIB), plunged heavily on October 25 following reports that the U.S. government is investigating USDT stablecoin issuer Tether over potential violation of anti-money laundering rules. The total crypto market was down 2.09% in 24 hours to $2.27 trillion at press time. Interestingly, Shiba Inu also witnessed a similar decline in the same timeframe. The leading canine-themed token boasts a market cap of $9.95 billion, reflecting a…

Bitcoin Privacy At Risk? Could CARF Regulations Signal ChokePoint 3.0?

LegalNov 29

The Organization for Economic Co-operation and Development recently introduced the Cryptoasset Reporting Framework, a regulatory approach some call CRS 2.0. This could signal the arrival of ChokePoint 3.0, as its extensive reporting requirements will expand government oversight into people’s crypto activity and holdings globally. A similar trend is seen in the EU's recently adopted Anti-Money Laundering Regulation, which also imposes sweeping data requirements that raise concerns over privacy and financial freedoms. CARF requires Reporting Crypto-Asset Service Providers to submit annual reports on customers’ crypto transactions to tax authorities in 48 participating countries, including the UK, US, and much of the…

What’s Behind FTX’s $2.66M SOL Transfer to Binance? Creditors Await Answers

ExchangesNov 29

An FTX liquidator wallet sent nearly 11.4K SOL tokens, worth $2.66 million, to Binance. Blockchain security firm PeckShield highlighted the transfer, which is part of FTX’s ongoing liquidation process to compensate creditors. #PeckShieldAlert #FTX Liquidator Main Wallet – labeled address has transferred ~11.4K $SOL (worth ~$2.66m) to #Binance pic.twitter.com/FBMOFAwyKh — PeckShieldAlert (@PeckShieldAlert) November 27, 2024 The FTX address has actively managed the exchange’s remaining assets. This labeled wallet activity demonstrates transparency in fund movement as the exchange works to recover assets. PeckShield flagged the transaction, which reflects the exchange’s strategy to recover and redistribute funds after its collapse. FTX’s liquidators…

Key Reason for Bitcoin to Hit $220,000 "Very Soon" Shared by Max Keiser

BitcoinNov 29

Max Keiser, Bitcoin maximalist and advisor to El Salvador’s president Nayib Bukele on all things Bitcoin, has published a tweet in which he revisited his ultra-bullish prediction for the future price of the world’s largest crypto. "Bitcoin to trade over $220,000 very soon" Keiser tweeted that Bitcoin is likely to skyrocket to a new all-time high of $220,000 due to a key reason – another safe haven asset, gold, reached a new all-time high of $2,713.88 per ounce for the first time in four years. The previous ATH was hit in 2020, when the world faced the pandemic and investors…

Ex-Ripple CTO Announces Revival of Codius, Pundit Identifies Potential Impact on XRP Ledger

AltcoinsNov 29

A market commentator calls attention to the potential impact a revival of the smart contracts platform Codius could bring on the XRP Ledger (XRPL). For context, Stefan Thomas, former Ripple Chief Technology Officer (CTO) and now CEO of Coil, recently revealed plans to develop a new version of Codius, the smart contract platform he pioneered. Thomas shared the update on a recent Future Money podcast, mentioning that it remains early to discuss specifics. His announcement has triggered comments, with industry pundits like Max Avery highlighting the potential impact this could have on the XRPL. Codius’ Core System In a recent…