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 Isn't at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change

BitcoinNov 29

Gold has made another all-time high, climbing through $2,700 per ounce, as has the S&P 500, which rose above 5,870 on Thursday. While bitcoin is up 15% from the October low and appears set to rechallenge the $70,000 level, it remains about 8% below its record high recorded seven months ago. A fresh weakening trend in the Japanese yen bodes well for risk assets going forward. Bitcoin's (BTC) 8% rally this week has, outperformed gold and the S&P 500, but the cryptocurrency is still below its all-time high, while the yellow metal and benchmark U.S. stock index each climbed to…

Numogram (GNON) erases 95% of value, founder sells public holdings

AltcoinsNov 29

GNON, one of the cult status AI-inspired tokens, has erased 95% of its value. Instead of a true belief project, even one of the founders liquidated GNON. Numogram (GNON) had a 95% drawdown, despite its positioning as a ‘neo religion’ token. GNON joined the AI-inspired family of tokens, similar to Token Terminal’s tickers. However, GNON also saw promotion from crypto influencers, further inflating its influence. GNON peaked near $0.20 a little more than a week ago, during a peak in AI-themed activity and true believer hype. Within just days, GNON was back to $0.008, erasing more than 95% of its…

Howard Lutnick to leave Cantor following nomination as Trump’s commerce secretary

LegalNov 29

Howard Lutnick, the chairman of Cantor Fitzgerald, is set to step down from his role following his nomination as U.S. Commerce Secretary by President-elect Donald Trump. Lutnick announced his decision to leave Cantor Fitzgerald, BGC Partners, and Newmark after Senate confirmation. He also plans to divest his interests in these firms to comply with federal ethics rules. The resignation coincides with disclosures about Lutnick looking to transfer responsibilities to his son, Brandon Lutnick, particularly regarding a major $2 billion lending initiative. A crypto.news report confirmed that this program looks to provide dollar loans to clients using Bitcoin as collateral. Notably,…

Grimoria Chronicles Unveiled by Ubisoft

GameFiNov 29

Ubisoft has recently announced its latest venture into the realm of video games with the release of “Champions Tactics: Grimoria Chronicles,” a strategic turn-based tactical RPG that offers a deep dive into a dark fantasy world filled with magical combat and epic confrontations. This new title promises to engage players with its sophisticated gameplay and intricate world-building. Discover @ChampionsVerse from @Ubisoft through some gameplay! Champions Tactics: Grimoria Chronicles is a strategic turn-based tactical RPG that immerses players in a dark fantasy world of magical combat and epic confrontations. Set in the mystical realm of Grimoria, players… pic.twitter.com/qPvWzUhzSO — Yield Guild…

Crypto Exchange Bybit Turns Six, Announces bbSOL Campaign With $1.2 Million Rewards

ExchangesNov 29

Centralized crypto exchange Bybit, the world’s second-largest crypto platform by trading volume, is celebrating six transformative years with a large scale event dubbed Super6Bybit. Bybit's bbSOL token, the first-ever liquid staking cryptocurrency backed by the exchange, is at the center of celebrations. Bybit celebrates sixth anniversary, #Super6Bybit campaign kicks off Tier-1 crypto exchange Bybit inches closer to its sixth anniversary of mainnet operations. Super6Bybit, a massive community-centric campaign, invites all crypto enthusiast to take part in the celebrations and share a $1.2 million reward pool. 🔥 Win a space trip ticket, be part of the $1,200,000 prize pool and more!…

What Does the Future of Gaming Look Like?

MetaverseNov 29

Interoperability is becoming increasingly significant in the expanding metaverse space. The previous generation of web3 and metaverse games suffered extensively due to the lack of cross-platform compatibility. However, new developments in interoperability are breaking these siloes and allowing platforms to offer a more immersive experience. BeInCrypto talks to Ilman Shazhaev, Founder and CEO of Farcana, about how we engage with virtual worlds and nurture the next stage of digital evolution. Breaking Siloed Gaming Ecosystems Lack of true ownership has been a persistent issue in traditional gaming. Players spend countless hours and precious dollars building characters and assets, only to have…

BTC Breaks Above $68,000 as Traders Battle for a Rally to ATH

BitcoinNov 29

Bitcoin’s price is located in a key area at the moment and is one bullish breakout away from rallying toward a new all-time high. Bitcoin Price Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been rallying consistently over the past few days, following its rebound from $60K. With BTC also being above the 200-day moving average, which is located around the $64K level, the market can be considered bullish once again. Therefore, it might only be a matter of time before BTC breaks above the $69K resistance level and climbs its way toward…

Here is the Exchange That Has Mentioned XRP to $1,000

AltcoinsNov 29

XRP holders are among the most ambitious crypto investors, with many anticipating beyond triple-digit values for the asset someday. Notably, XRP is worth just $0.5100 today and has been trading below $1 for over 42 months. It last reached an all-time high six and a half years ago. Yet, ambitious XRP holders are targeting not only the double-digit range beyond $10 or triple-digit values beyond $100 but also $1,000. Interestingly, one analyst has even called $1,000 “peanuts” compared to what he believes will be the true height for XRP. The Exchange Discussing XRP at $1,000 Remarkably, the U.S.-based exchange Uphold…

Russia Cautious on Tokenizing Real-World Assets

LegalNov 29

The Bank of Russia’s report highlights the potential benefits of tokenizing real-world assets but also emphasizes the need for a clear regulatory framework. Expanding the Value of Traditional Assets While tokenization has the potential to increase liquidity for real-world assets, among other benefits, a Bank of Russia report notes that Moscow’s legal framework for tokenization is still under development, limiting its full potential. Additionally, the report highlights the uncertainty surrounding the tax implications of tokenization, which could deter investors and issuers. The Russian central bank’s report on tokenizing real-world assets comes as more countries explore the potential to expand the…

LTP and Bitstamp together to improve institutional crypto trading

ExchangesNov 29

LTP and Bitstamp announce a strategic partnership to offer advanced trading and credit solutions to institutional investors. This collaboration aims to enhance liquidity, optimize trading strategies, and strengthen the global crypto market. Let’s see all the details in this article. Bitstamp: innovation and synergy for a more efficient and accessible crypto market The expansion of Bitstamp’s offerings Bitstamp: innovation and synergy for a more efficient and accessible crypto market The institutional crypto trading scene is experiencing a significant evolution thanks to the strategic partnership between LTP, one of the leading digital asset brokers, and Bitstamp, the longest-standing and most reliable…