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 Whales ‘Grew Substantially’ During Last Dip, Data Shows Large-Holder Accumulation

BitcoinNov 27

Bitcoin nearly reached $69,000 yesterday, setting a new local high and further solidifying the ongoing uptrend that began in September. This price action has fueled optimism among analysts and investors, who now anticipate significant gains in the coming weeks. Investors believe Bitcoin is ready for a strong rally after seven months of sideways accumulation. Critical data from Santiment reveals that the number of Bitcoin whales—large holders of BTC—grew substantially just as the price bottomed out around $59,000 on October 10th. This increase in whale activity is often seen as a sign of “smart money” positioning for a major move. Large…

Troy ($TROY) Soars 53.4% Leading Cryptocurrency Gainers on October 28

AltcoinsNov 27

The cryptocurrency market shows significant gains on October 28, 2024. Leading the way is Troy ($TROY), which has surged by 53.4%. This sharp increase catches the eye of investors. According to Phoenix, a crypto media outlet, Troy’s growth reflects strong market interest. DAILY GAINERS$TROY +53.4% $OLAS +25.8% $MPLX +22.6% $SXP +18.2% #API3 +17.0% $ZEX +15.7% $ZEC +14.3% $WELL +13.6% $REEF +11.0% $DEAI +10.6%#dailygainers pic.twitter.com/1jYGiC5U5A — PHOENIX – Crypto News & Analytics (@pnxgrp) October 28, 2024 Autonolas ($OLAS) Jumps 25.8%, Following $TROY After Troy, Autonolas ($OLAS) has increased by 25.8%. This rise shows an increasing interest in decentralised technologies. Moreover, Metpalex…

Pump.fun Accounted for 62% of Solana DEX Transactions in November, So Far

ExchangesNov 27

Tokens created on Pump.fun have accounted for 62.3% of all decentralized exchange (DEX) transactions on Solana so far in November, according to Dune data. In terms of volume, the value of what's changed hands, this is slightly less pronounced at 42.3%. The data bolsters arguments that the protocol has become a cornerstone in the Solana ecosystem. Pump.fun debuted in January this year, enabling anyone to launch a token. Originally it only cost a few bucks to do it, but the team eventually made it completely free. In turn, it has become one of the most culturally significant crypto projects, birthing…

Bitcoin Dominates Crypto Market with 57.6% Share as Total Volume Hits $66.75B

BitcoinNov 27

The cryptocurrency trading volume was considerably active on 19th October 2024, with a trading volume across the entire cryptocurrency market in the last 24 hours reaching $66.75 billion. Bitcoin ($BTC) still leads the pack with a value of $68,367 and a market share of 57.6%. Phoenix, a crypto analytical platform, shared the details of the crypto market through its official X account. Daily Summary on October 19, 2024$WLD $AXS $PENDLE $ONDO $GALA $BTC $ETH $DOGE $SUI $SOL#dailysummary #DeFi #Crypto pic.twitter.com/LISjKPNY7u — PHOENIX – Crypto News & Analytics (@pnxgrp) October 19, 2024 Ethereum Follows Bitcoin’s Lead with Steady Growth Ethereum ($ETH)…

Solv Protocol Partners with Zeus Network to Bridge Solana and Bitcoin Ecosystems

DeFiNov 27

In a thrilling development concerning the DeFi, Solv Protocol has started a strategic collaboration with Zeus Network. The partnership targets to establish a seamless bridge between the Solana and Bitcoin ecosystems. The platform took to its official social media account to provide the details of this endeavor. Solv Protocol x @ZeusNetworkHQ We’re thrilled to announce our collaboration with Zeus Network, a permissionless communication layer seamlessly bridging Bitcoin to Solana. Through this partnership, SolvBTC holders will soon gain access to the Solana ecosystem via Zeus Network,… https://t.co/KwT1mL8JBL pic.twitter.com/3WBDfG5mh6 — Solv Protocol (@SolvProtocol) November 26, 2024 Solv Protocol’s Collaboration with Zeus Network…

President Donald Trump holds over $5.4 million in cryptos, Ether is his largest

RegulationNov 27

President Donald Trump, the man who once trashed Bitcoin for being “thin air,” now sits on a cryptocurrency portfolio worth $5,485,312. The breakdown? Ethereum (ETH) leads the pack, with 495.664 ETH valued at $1.72 million. Polygon-based wrapped Ether (WETH) follows close, totaling 478.787 tokens and adding $1.66 million to his stash. Trump also holds over half a million TRUMP tokens, worth a cool $1 million, and a smorgasbord of other coins like TROG, GUA, TUA, and even USDC. The wallet names are pure Trump. There’s loveyoutrump.eth, hi.donaldtrump2024.eth, and loveiscto.eth, alongside 16 others. From skeptic to whale Rewind to 2019. Trump…

What High Threshold Tracking Reveals About Stability

AltcoinsNov 27

RLUSD testing on XRP Ledger intensifies, with higher thresholds to track only major market movements, enhancing data clarity. The XRP Ledger’s scalable platform is showcasing its potential as a stablecoin foundation through RLUSD’s ongoing performance tests. Adjusted tracking filters for RLUSD allow developers to focus on significant activity, revealing valuable insights into token stability. The digital asset RLUSD continues to undergo active testing on the XRP Ledger, showcasing the platform’s capabilities in handling real-time, token-based transactions. As for stability tokens, there is a popular stablecoin, RLUSD, which is pegged to the value of the U.S. dollar: Large movements of RLUSD…

Alchemy Pay Brings Seamless Crypto Payments to Darkex – Buy and Sell in Seconds

ExchangesNov 27

Alchemy Pay has officially launched the On and Off-Ramp integration with Darkex, a leading digital asset trading and liquidity platform committed to enhancing the service experience for new and expert users. Included under Darkex’s “Buy Crypto,” this integration optimizes the purchasing and selling of digital assets by enabling users to transition seamlessly between fiat currencies and cryptocurrencies. Our seamless On & Off-Ramp is now live on @darkexglobal.#AlchemyPay makes buying and selling crypto faster and easier than ever. Use credit cards, mobile wallets, or bank transfers to buy crypto on the Darkex exchange, and effortlessly sell your crypto back to fiat!……

Bitcoin Poised To Reshape Global Finance And Public Markets

BitcoinNov 27

Bitcoin has achieved a 1.3 trillion dollar market cap and boasts hundreds of millions of users, but it is still met by some with skepticism, fear, and even disdain. Detractors label it a tool for criminals or speculative gamble with no real future in the global financial system. Even today, remnants of that narrative persist among those who serve as a mouthpiece for big banks and deny its transformative potential. However, over the past 15 years, bitcoin has transitioned from being primarily a grassroots movement among individuals to gaining rapid adoption within institutional finance. Bitcoin's early detractors were not unjustified.…

Lorenzo Protocol Partners with Cetus Protocol to Bring Bitcoin Staking to Users

DeFiNov 27

Lorenzo Protocol has partnered with Cetus Protocol, a liquidity protocol and decentralized exchange on the Sui Network. The strategic partnership will see Lorenzo Protocol integrate its stBTC token on the Sui network through Cetus Protocol. The collaboration aims to bolster Bitcoin liquidity on the Sui Network by encouraging buying, holding, and use of stBTC. Lorenzo Protocol announced the mutual agreement on the X platform today November 26, 2024. Bring Bitcoin access to the Sui ecosystem The partnership will enable BTC holders on the Sui network to stake Bitcoin and mint stBTC, Lorenzo’s liquid Bitcoin staking token. The partnership aims to…