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.

Line, With an Eye on Telegram's In-App Games Success, to Launch Mini Dapps Next Year

BlockchainNov 28

Japanese messaging app giant Line plans to give its 196 million active users the ability to use decentralized apps (dapps) such as games and utilities. The social network, which is mainly used in Japan, Taiwan, Thailand and Indonesia, will debut with 30 dapps in its portal by the end of January and plans for a further 150 by the end of the first quarter, said Sam Seo, the chairman of Kaia DLT Foundation, whose Kaia blockchain will host the applications. Line's initiative reflects a growing trend of social media and messaging apps integrating blockchain technology to offer a wider range…

Analyst Points To Key Bitcoin Metric Indicating A Strong Uptrend—$90K in Sight?

BitcoinNov 28

Bitcoin (BTC) has been on an upward trend in recent weeks, showing positive price movements that appear quite appealing to investors. According to a recent CryptoQuant analysis, a key metric, “active address momentum,” paints a bullish picture for the cryptocurrency. Active Address Momentum Signals Upward Market Structure Active addresses represent the number of unique addresses conducting transactions on the Bitcoin network, providing insights into network activity and investor engagement. By applying a 30-day moving average (30DMA) and a 365-day moving average (365DMA) to this indicator, the CryptoQuant analyst could assess the network’s growing momentum. The analyst emphasized that the 30DMA…

Babylon Labs teams up with SatLayer to unlock DeFi for Bitcoin

DeFiNov 28

Babylon Labs has partnered with Castle Island Ventures-backed SatLayer to bring the benefits of Bitcoin staking and restaking to more users. The move aims to offer Bitcoin (BTC) holders the opportunity to explore the decentralized finance ecosystem around the world’s largest and most popular cryptocurrency. Babylon, whose total value locked has surpassed $2 billion, is a leading BTC staking protocol. The platform eyes further liquidity, shared security, and capital efficiency for BTC holders in this partnership, according to a press release. Read more: Babylon Bitcoin staking drives BTC fees above $130 SatLayer will enable this functionality by offering restaking opportunities…

Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead

EthereumNov 28

Recently, Ethereum (ETH) showed signs of falling below $3,000 but held firm as bulls defended the altcoin. Now trading at $3,480, here’s what could be next for ETH. Ethereum Still Has More Room to Grow One metric that has consistently proven reliable for analyzing Ethereum is the Market Value to Realized Value (MVRV) ratio, a tool for assessing the profitability of holders and identifying potential market tops or bottoms. The MVRV ratio compares a cryptocurrency’s market value to its realized value, offering insights into whether the asset is overvalued or undervalued. When the MVRV ratio rises, it indicates that more…

Crypto trader turns $3.5k into $3.2 million in two days, for a 914x return

AltcoinsNov 28

As Bitcoin (BTC) is trading higher than it has been in many months amidst the ‘Uptober’ hype, daring investors continue finding the biggest fortunes investing in meme coins, whether they be new, strange, or silly. The latest impressive maneuver was executed by a cryptocurrency trader who spent 20 Solana (SOL) – worth approximately $3,500 – on October 25 to purchase more than 47 million ai16z. By October 27, the investment was worth $3.2 million. Still, in a turn not too uncommon in the meme coin and altcoin sphere, the investment collapsed some $1.3 million in value in less than 24…

'Cannot Get Rid of Them,' Says Governor

LegalNov 28

Rwanda is preparing to regulate cryptocurrencies in early 2025, the governor of the central bank has said. Central Bank Head Warns of Unregulated Crypto Rwanda is poised to implement regulations governing the use and trade of cryptocurrencies, according to John Rwangomba, governor of the National Bank of Rwanda (NBR). Rwangomba anticipates the regulations will be established in the first quarter of 2025, pending an agreement between the NBR and the Capital Market Authority (CMA). This disclosure came in response to a lawmaker’s inquiry about the central bank’s stance on Bitcoin. While Rwangomba’s response did not explicitly endorse cryptocurrency, it marked…

Zesh and Mars4 Partner to Transform Web3 Gaming Engagement

GameFiNov 28

Mars4, a Web3 gaming ecosystem, has announced a strategic partnership with Zesh, an AI-powered GrowthFi platform. This partnership is aimed at improving and advancing community development and participation in Web3 Gaming. By combining Mars4’s immersive virtual experiences with Zesh’s advanced technologies, the two entities are set to transform how gamers and communities connect globally. 🚀 Zesh x Mars4 Partnership We’re beyond excited to announce our collaboration with @mars4_me , an innovative ecosystem revolutionizing gaming through immersive experiences and Web3 technology. Together, we aim to supercharge community growth and bring unparalleled engagement to… pic.twitter.com/orwXM1OEY3 — Zesh (@ZeshApps) November 27, 2024 Zesh…

CZ champions AI tagging integration for crypto chains

BlockchainNov 28

In a recent X post, the Changpeng ‘CZ’ Zhao shares his thoughts on the use of AI tagging on-chain and why AI integration would be beneficial for crypto moving forward. On Nov. 27, the former Binance CEO stated that artificial-intelligence tagging could be well-suited for on-chain use, considering how it could help in speeding up the crypto payment process and getting rid of unnecessary bias. “AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low cost labor globally without geographic bias, (micro) pay them in crypto instantly,” said CZ, adding that the Binance solution…

BTC Breaks Out on the Weekly Chart as Ichimoku Golden Cross Forms: A Parabolic Move Ahead?

BitcoinNov 28

Bitcoin surged past $68,000, signaling a bullish breakout and potential price increase. An Ichimoku golden cross and rising fear and greed index indicate strong market momentum. External factors, like Trump’s election odds, fuel investor interest in Bitcoin as an inflation hedge. Recently, Bitcoin (BTC) surged past a key psychological price level at $68,000. This breakout coincides with the formation of an Ichimoku golden cross, another strong bullish signal. After jumping nearly 40% since August’s lows, Bitcoin appears ready for an explosive price increase. Market sentiment and technical indicators suggest a substantial upward trajectory lies ahead. #Bitcoin Golden Cross! ✨ With…

Uniswap activity reaches record trading volumes on its leading L2 versions

DeFiNov 28

Uniswap activity recovered in the past month, with a new activity record on L2 chains. The Uniswap versions on Base and Arbitrum led the way, leading to a new trading volume all-time high. Monthly volumes for Uniswap versions on L2 chains reached a new all-time high. The expansion was driven by the versions on Arbitrum and Base, the two leading L2 chains in terms of apps and activity. Uniswap activity increased after expectations of a more lenient stance from Trump’s renewed Securities and Exchange Commission (SEC) team. Uniswap volumes on Arbitrum grew from $8.1B in September to $19.28B at the…