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.

In a recent exchange on social media, Anthony Scaramucci, founder of SkyBridge Capital, addressed growing concerns within the crypto community regarding the future of blockchain in the United States. Responding to a question posed by Kevin Farrelly, Vice President and Director of Digital Asset Management at Franklin Templeton, Scaramucci highlighted the importance of patience and collaboration in achieving a bipartisan approach to crypto regulation. Be patient we are working on a bipartisan solution and it will happen but it takes time. https://t.co/aK02I5qipl — Anthony Scaramucci (@Scaramucci) August 9, 2024 This conversation emerges at a critical time as the U.S. political…

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During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most resilient operations can thrive, with the best-performing machines bringing in the highest returns for miners. Below, we take a closer look at the most powerful bitcoin application-specific integrated circuit (ASIC) mining rigs on the market, ranked by their terahash per second (TH/s) capabilities. Air-Cooled, Hydro, and Immersion Bitcoin Mining As hashprice hits rock bottom and…

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MicroStrategy co-founder Michael Saylor has already pitched Bitcoin to Michale Dell, claiming that it represents “digital scarcity.” This comes after the chief executive officer of US computer giant Dell recently stirred excitement among Bitcoiners with his Thursday social media post. “Scarcity creates value,” Dell wrote on X, seemingly alluding to Bitcoin’s fixed supply limit. The cryptic social media post ignited speculation within the cryptocurrency community about what prompted the 59-year-old billionaire to post this statement on his social media account. As reported by U.Today, Dell previously claimed that he was not interested in Bitcoin despite thinking that blockchain, the underlying…

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Ripple was recently named among the top 250 fintech companies worldwide, highlighting the company’s continued development. CNBC and market research firm Statista recently published a list of the top 250 fintech companies in the world, which included Ripple. Between March and May 2024, an in-depth analysis of relevant KPIs for over 2,000 eligible organizations was conducted to determine the top 250 firms. Ripple was nominated in the digital assets category, which includes companies that provide platforms and tools for accessing and using digital assets and blockchain-based applications, such as cryptocurrencies and non-fungible tokens (NFTs). This marks the second consecutive year…

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Coinbase, the largest cryptocurrency exchange in the United States, is pressing for transparency as it battles the U.S. Securities and Exchange Commission (SEC) in court. The SEC has resisted Coinbase’s expansive subpoena requests, which demand access to “all documents that in any way relate to crypto assets.” This ongoing legal struggle underscores the growing tension between regulatory authorities and the rapidly evolving cryptocurrency industry. Recent court filings reveal the SEC’s objections to Coinbase’s attempt to obtain internal communications, including emails related to cryptocurrency from SEC Chair Gary Gensler. The SEC has accused Coinbase of operating as an unregistered broker, exchange,…

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As the crypto market faces a downturn, George from CryptosRUs discusses several key factors affecting Bitcoin’s current market dynamics in his latest YouTube video. Bitcoin has recently slipped below $65,000. It hit an intraday low of $64,544 after reaching a peak of $66,436. This decline is due to several factors, including significant sell-offs by whales and market volatility. Come, dive in to know who’s disrupting BTC price! Miners – Are They Impacting the Decline? According to George, one of the key reasons for the recent dip is the selling by Bitcoin miners. Data shows that many older wallets, primarily those…

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Notcoin collaborates with 1inch and Sign to launch the Triangle startup accelerator. Triangle aims to enhance the Telegram crypto ecosystem and onboard millions to Web3. Notcoin (NOT), a popular mini-game on the Telegram network, recently partnered with 1inch and Sign to launch “Triangle,” a startup accelerator designed to improve the Telegram and TON crypto ecosystems. This accelerator aims to improve the TON user experience, create new tap-to-earn themed games, and build applications that span Web2 and Web3. NOTCOIN, 1INCH AND SIGN LAUNCH TON STARTUP ACCELERATOR Notcoin, a trending Telegram-based game, is collaborating with DeFi veteran 1inch and Sequoia-backed Sign to…

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And just as we thought it was over, Montenegro pulls us back in. Do Kwon’s extradition has been delayed yet again by the country’s Supreme Court, local news outlet Vijesti reports. The court announced yesterday that it had postponed his planned extradition to South Korea and will determine if previous High Court and Appellate Court rulings were legal, as per a request “for the protection of the legality” from the Supreme State Prosecutor’s Office. Counting the various reversals, delays, appeals, filings, and approvals that have littered Do Kwon’s extradition journey, there have now been at least 20 back-and-forths since November…

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Bitcoin is technically bullish if it holds above previous lows (around $60,000). A break below $56,000 could signal the end of the bull market. Savvy investors, including MicroStrategy, continue to buy Bitcoin. Financial advisors also seek to increase clients’ crypto exposure. Bollinger Bands indicate critical support levels, suggesting potential massive volatile moves. Sideways consolidation doesn’t necessarily mean the end of the bull market. Bitcoin’s price has kept investors on edge, with no clear confirmation of a bull or bear market. Last week, price action remained relatively tame, showing low volatility and a slight bullish relief. As the post below suggests,…

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Floki Inu (FLOKI) is among the themed digital tokens stealing the show as enthusiasts await broad market rallies. Meanwhile, the developers have supercharged the FLOKI community with an exciting giveaway. The project announced an upcoming GIF contest, which will see winners walking away with $100 USDT each. FLOKI GIFAWAY ($2,000)$FLOKI is launching an exciting GIF contest with a $2,000 prize pool – 20 winners will receive $100 USDT each!How to Enter:1. Design a new and original Floki-themed GIF.2. Upload your GIF to Tenor and include the keywords ‘Meme,’ ‘Floki,’ and other… pic.twitter.com/JYV46g5keK — FLOKI (@RealFlokiInu) July 11, 2024 The $2,000…

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