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.

This Altcoin’s User Count Will Surpass Ethereum’s in Two Months

AltcoinsNov 27

According to a report by cryptocurrency analytics firm CryptoQuant, The Open Network (TON) is on track to surpass Ethereum (ETH) in user numbers by the end of this year. With the rapid growth in its user base, TON is expected to surpass ETH around December 20, based on current trends. As of now, Ethereum has around 137 million users, while TON has reached an impressive 112 million users. Over the past month, TON has attracted an average of 500,000 new users daily. If this pace continues, TON could surpass Ethereum in total holders within the next two months. Despite this…

Why Bitcoin is set to surge past $130,000 in January 2025

BitcoinNov 27

A cryptocurrency trading analyst has projected that January 2025 might be the moment when Bitcoin (BTC) clinches a new historical high. This projection follows Bitcoin’s ongoing rally that has placed the asset on the cusp of reclaiming the crucial $70,000 resistance. Alan Santana, rather than settling for conservative targets of $130,000, suggested that Bitcoin could reach the $155,000 to $200,000 range by early 2025, according to an analysis shared in a TradingView post on October 19. The expert envisioned two possible trajectories for Bitcoin’s future. In one scenario, Bitcoin could experience an early blow-off top, with a rapid bullish surge…

Israel initiates the transfer of a tokenized action via CBDC

RegulationNov 27

In Israel, the peer-to-peer protocol Kima has successfully initiated the transfer of a tokenized share via Central Bank Digital Currency (CBDC). The initiative launched by the Bank of Israel aimed to find a potential use case for the adoption of the digital shekel. Israel and the successful use case of Kima for the adoption of the CBDC Israel and the use cases for adopting the CBDC Pilot project Israel and the successful use case of Kima for the adoption of the CBDC According to what is reported, the peer-to-peer protocol of Kima has successfully implemented a use case for the…

What Does Aptos (APT) Integration of USDT Mean for Price Growth?

AltcoinsNov 27

Tether has officially launched its USDT stablecoin on the Aptos (APT) blockchain. With USDT on Aptos, transactions are expected to become smoother, cheaper, and faster. Ultimately, these could result in higher price movements for the world’s most adopted stablecoin. Aptos Finally Taps USDT On-chain, Key Implications Layer-1 blockchain Aptos focuses on delivering an efficient, scalable, and user-friendly platform for decentralized applications and smart contracts. Aptos noted that the integration will expand USDT’s reach globally and access to digital finance in emerging markets. The launch makes USDT the first stablecoin to go live on a Move-powered ecosystem. - Advertisement - The…

Bitcoin whale selloff stopped as price surpasses $68k

BitcoinNov 27

On-chain data shows a significant decline in the Bitcoin large holder outflows as the flagship cryptocurrency remains above the $68,000 mark. According to data provided by IntoTheBlock, the Bitcoin (BTC) whale net flow shifted from an outflow of 1,650 BTC on Oct. 17 to a net inflow of 211 BTC on Oct. 19. The momentum shows increased accumulation from large holders. BTC price and large holder net flows – Oct. 20 | Source: IntoTheBlock CryptoQuant CEO Ki Young Ju confirmed the intensified accumulation. Per a crypto.news report, data provided by Young Ju shows that new whale addresses, with at least…

The Path to Licensing and Compliance

RegulationNov 27

As crypto banking gains momentum, prospective entrants must prepare for the realization that licensing in this sector is not as straightforward as in traditional banking. How can one navigate these pitfalls in crypto licensing? Since even traditional banking institutions like Deutsche Bank and Bank of America’s Merrill are stepping up their efforts to offer crypto services, the question of how to obtain a crypto license becomes more important. This is especially true in the UAE, where crypto adoption outpaces regional trends, with 72% of local investors flocking to Bitcoin. In the traditional banking realm, an IT firm seeking to offer…

Crypto Trader Makes $440K from Just $9.6K in Ten Days via High-Risk Meme Tokens

AltcoinsNov 27

A crypto trader has recently gained significant attention in the crypto sector by earning huge profits through meme coins.As per Lookonchain, a popular on-chain analytics firm, the trader made an impressive return of $440,000 from only 60 $SOL tokens nearly $9,600 within ten days. The analytics platform discussed this event on its official X account. This trader started with 60 $SOL($9.6K), caught 12 10x #MEMEcoins, and made over $440K in just 10 days! But he has traded a total of 502 #MEMEcoins, with a win rate of only 28%.https://t.co/GI7xdmbDxo pic.twitter.com/vJZCYFUxzi — Lookonchain (@lookonchain) October 28, 2024 Crypto Trader Earns Huge…

Bitcoin Dominance Overshadows Several Important Crypto Trends

BitcoinNov 27

Bitcoin continues to march toward all-time-highs that were only reached earlier in 2024, although the volatility that the token has experienced in the run-up to the U.S. Presidential election has been elevated when compared to prior periods in the year. Regardless of the volatile rise, the fact remains that the price of bitcoin and bitcoin interest continues to move in positive directions in spite of short-term setbacks. Alongside the growing interest and investment into the crypto sector by both major political parties the crypto sector has experienced an upswing in price, trading volume, and investor sentiment. As has occurred during…

7 Million UK Adults Now Own Crypto: Financial Conduct Authority

RegulationNov 27

UK regulator the Financial Conduct Authority (FCA) has released new research revealing that 12% of UK adults now own crypto, up from 10% in previous findings. According to the nationally representative study of 2,199 UK adults, the figure extrapolates to 7 million UK crypto holders, up from 5 million in 2022. The average value of crypto held by people has increased over the same period, from £1,595 to £1,842. Among crypto holders, the number of adults holding more crypto has increased, too—with 19% now holding between £5,001 and £10,000 in crypto, versus 6% in the "previous wave." Just one in…

Dogecoin Bets Spike to $1.3B as Trump Popularity Sees DOGE Rocket 15%

AltcoinsNov 27

Interest in Dogecoin futures is approaching all-time highs from April, with a 33% increase in open interest since Sunday, now standing at 8 billion tokens. Traders are attributing this price movement to Trump's popularity and the potential establishment of a "Department of Government Efficiency" (D.O.G.E). Elon Musk's discussions on creating a D.O.G.E. for government efficiency, combined with Trump's promise to involve Musk in a government efficiency commission if re-elected, have fueled bullish sentiments among traders. Futures interest in dogecoin (DOGE) is swiftly rising and nearing record levels from April, thanks to renewed trading interest in the token on the possibility…