Author: 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.
Key takeaways AAVE price prediction for 2024 could reach a maximum value of $172.28. By 2027, AAVE could reach a maximum price of $611.58. In 2030, AAVE will range between $1,525 to $1,854. Aave is a leading decentralized finance (DeFi) protocol on the Ethereum blockchain, known for its innovative financial solutions such as flash loans, which allow users to borrow instantly without collateral, and dynamic interest rates that adapt to market conditions. Participants in the Aave ecosystem can deposit their digital crypto assets back into liquidity pools to earn their interest payments or obtain loans by borrowing funds without providing…
Aptos NFT ecosystem sees rapid growth with 3.9K collections and 2.3 million total NFT sales to date. In the past 30 days, 404 new collections launched, generating $170K in sales volume, highlighting increased activity. Driven by>shared by Ambassador Aptos, important trends are reshining the scene in the fast changing Aptos NFT ecosystem. Competition in this ecosystem has become more fierce over the all-time performance and over the previous thirty days, which has piqued attention from both users and investors. Highlights above all show strong expansion. Comprising 3.9K collections, a total of 2.3 million NFTs sold, and a noteworthy $24.5 million…
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024. Ionic Digital Revives IPO Plan, Reports 2,102 BTC Holdings With New Auditor Appointment According to the firm, Ionic Digital has engaged BDO USA to audit its consolidated financial statements, signaling renewed momentum toward becoming a publicly traded entity. This development comes after a challenging year in which the company navigated operational expansions…
This week, many tokens in major cryptocureencies including CEL, REEF, OLAS have performed well. As the market changes, these top performers grab the attention of investors and traders. TOP TOKENS BY WEEKLY PRICE CHANGE ACROSS MAJOR ECOSYSTEMS #ETHEREUM $CEL $STRDY $AIT $REEF $PAAL#BNBCHAIN $REEF $LAI $ALT $RIO $DODO#ARBITRUM $UXLINK $COW $LQTY $LPT $W#POLYGON $OLAS $NAKA $MUBI $DODO… pic.twitter.com/QZHh9yRBjr — PHOENIX – Crypto News & Analytics (@pnxgrp) September 24, 2024 According to the latest news, some tokens have seen huge price increases while some have seen a normal gain. The following image shows a detailed breakdown of the top-performing tokens by…
Stuart Alderoty, chief legal officer at San Francisco-headquartered enterprise blockchain firm Ripple, is convinced that the United States Court of Appeals for the Second Circuit will either affirm the ruling issued by Judge Analisa Torres or even end up expanding it. A “remand,” a situation in which a superior court sends an appeal back to a lower court, would be the best-case scenario for the SEC, according to Alderoty. In October, Judge Torres rejected the SEC’s request to certify its interlocutory appeal. As noted by Alderoty, the judge “made it clear” that Ripple’s defenses, including the “fair notice” one, would…
Iran’s domestic cryptocurrency market has reached a major milestone, with approximately 15-19 million citizens actively participating in crypto trading. This growth comes despite mounting international sanctions and regulatory pressures, particularly from the United States. The landscape of Iranian crypto exchanges has expanded to include 90 platforms, with 10 major centralized exchanges leading the market through dedicated websites and mobile applications. Nobitex is leading as the dominant player, serving 6 million active users and establishing itself as the country’s largest cryptocurrency exchange. Top Iranian exchanges face regulatory scrutiny Recent data from Wu Blockchain reveals the scale of Iran’s major cryptocurrency exchanges:…
Here’s When Bitcoin Could End Its Consolidation Period and Kick Off New Leg Up: Jason Pizzino
A closely followed crypto analyst says that Bitcoin (BTC) could break out of the current consolidation phase within weeks. In a new video update, crypto strategist Jason Pizzino tells his 333,000 YouTube subscribers that Bitcoin could start printing a bullish pattern on the monthly chart at the close of September. He looks at previous cycle lows and the number of months it took before Bitcoin printed the beginning signs of parabolic rallies, which was at 20, 21 and 19 months – when there was a monthly close above previous resistance levels. “If September happens to hold up higher than August,…
The evolution of Decentralized Finance (DeFi) has brought some of the most innovative solutions for financial services, both on- and off-chain. Lending, trading, staking, and tokenization are just some of the most popular DeFi trends that have accumulated billions of dollars in total value locked (TVL). In 2024, DeFi is seeing several emerging trends that are transforming the landscape. They are reshaping the ecosystem by enhancing liquidity, security, and scalability, driving broader adoption of decentralized applications (dApps) and new financial tools. This article will guide you through some of the hottest DeFi trends in 2024. As always, let’s start with…
Fed’s Kashkari says very few transactions actually happen on crypto, except for illegal activity
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, hammered crypto again, claiming that legitimate transactions are rare. According to him, the only reason most people touch crypto is for illegal purposes like drugs. “People are buying and selling crypto,” he said, but they aren’t using it to pay for things legally. Unless it’s drugs or illegal stuff, he claimed, crypto barely sees any action. Kashkari has been a long-time critic of crypto. He’s been loud about his belief that the entire industry is full of hype, scams, and fraud. His comments date back to at least 2022 when…
Jupiter, the leading DEX aggregator on Solana, will vote on an excess of 215M JUP tokens. The assets from a previous airdrop make up around 6% of the circulating JUP supply and raise the question of pressuring the market. Jupiter DEX is preparing to vote on the usage of the additional JUP tokens left after this year’s airdrop event. After the Jupuary farming session and airdrop, the project had upward of 215K JUP tokens in its reserves. An exact amount of 215,461,850.21 JUP allocations remained unclaimed, due to compromised wallets or skipped claims during the airdrop window. Jupiter will hold…