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 startling development, Shiba Inu ecosystem lead Shytoshi Kusama uses a cryptic remark to respond to the growing demands for hefty SHIB burns. This comes after Shiba Inu’s marketing lead, Lucie, highlighted SHIB’s roadmap for the next three years. The accompanying image shows exciting components of the roadmap, including WOOFVertise, SHY Mode, Shib.io Metaverse, and other projects. While highlighting the incredible work our team is doing, I’d like to emphasize that this is a carefully planned roadmap in progress for three years. Every step is being executed methodically and with precision. Here’s a screenshot from September 2023 as a…

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Sept 23 (Reuters) – Coinbase (COIN.O, opens new tab and the U.S. securities regulator faced off in a federal appeals court in Philadelphia on Monday as the cryptocurrency exchange presses the agency to create new rules for digital assets. Coinbase, the largest U.S. crypto exchange, sued the Securities and Exchange Commission last year in an effort to compel the regulator to act on a petition for rulemaking it filed in 2022. In that petition, it urged the SEC to provide clarity on the circumstances under which a digital asset is a security and create a new market structure framework that…

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Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $66,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a fresh increase if it clears the $66,500 resistance zone. Bitcoin Price Revisits Support Bitcoin price extended losses below the $66,500 support zone.…

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A “Diamond Hand” Ethereum (ETH) whale has suddenly emerged, transferring a massive 15,000 ETH token to a major exchange. Given the sheer size of the transaction, this whale has caught the attention of many Ethereum investors and the broader crypto community. Diamond Hand Whale Moves 15,000 ETH Tokens Spot On Chain, a blockchain analytics platform, revealed on September 22 in an X (formerly Twitter) post that an anonymous Diamond hand whale had transferred 15,000 ETH valued at $38.4 million from their wallet address “0x682” to Kraken, one of the world’s biggest crypto exchanges. A Diamond hand whale is a term…

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Former Bitfury CEO Brian Brooks asserts that XRP is not attempting to substitute the U.S. dollar but to revolutionize the value transmission system. Brooks, a senior advisor at Valor Capital Group, expressed this view during a crypto conference hosted by The Aspen Institute. During the session, he clarified the broader purpose of crypto assets. XRP Not Trying to Replace USD In particular, Brooks stressed that cryptocurrencies are not about “currency” in the traditional sense of a medium of exchange. According to him, it is a big misconception that cryptocurrencies must replace traditional currencies to be successful. Instead, Brooks emphasized that…

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Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC). The crypto derivatives trading hub faces CFTC charges for allegedly failing to register as a commodities exchange, for illegally offering services to U.S. customers and failing to check its customers’ identities, according to statements in its Discord server and a proposal on its governance page. The DEX allows users to trade perpetual futures contracts. On Sunday Mango Markets’ legal representative disclosed the investigation and…

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Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of bitcoin by politicians and industry leaders, anticipating greater regulatory clarity. She stressed the importance of politicians and industry leaders explicitly acknowledging bitcoin’s value in the monetary system. US National Bitcoin Reserve Discussion Gains Momentum Catherine Chen, Binance’s head of VIP & Institutional, has shared her view regarding the discussion of bitcoin as a strategic reserve for the U.S. government and its impact on the crypto market. She believes the growing…

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AAVE breakout from a two-year consolidation suggests a strong DeFi resurgence. Aave Labs’ partnership with BlackRock aims to enhance the GHO stablecoin’s efficiency. AAVE, a key player in the DeFi space, is currently enjoying a major increase in market activity, reaching its highest trading level since May 2022. Arthur, the CIO of DeFiance Capital, stated that AAVE is breaking out of a two-year consolidation trend, implying that the token is on the cusp of reclaiming its all-time high (ATH). He believes that this potential achievement might herald the start of a DeFi Renaissance, reinforcing AAVE’s position as a driving force…

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Ethereum ($ETH), the second-largest cryptocurrency by market capitalization has rebounded to a higher value, reaching $2,700. As per the data shared by an on-chain intelligence and analytical platform, Sentiment, Ethereum ($ETH) has rebounded back to $2,700 amid the renewed market interest. 🗣️ Ethereum’s market value has rebounded as high as $2,700 as crypto continues to extend its rally. There is renewed interest toward the #2 market cap asset on social media, and margin/leverage exchange ETH wallets have spiked as well. Both are enjoying 7-week highs. 📈 pic.twitter.com/3dagDLoGQK — Santiment (@santimentfeed) September 23, 2024 Ethereum’s resurgence comes after a period of…

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Shytoshi Kusama, the lead developer of Shiba Inu, made several announcements at the 2024 Blockchain Futurist Conference that could reshape the crypto’s trajectory. The most significant reveal was the introduction of ShibHub, an app that aims to centralize the Shiba Inu ecosystem. This decentralized platform offers users tools to manage assets, stake tokens, engage in DeFi opportunities, and even create their decentralized apps (dApps). Introducing ShibHub! 🌐 Our super app is at the core of the Shiba ecosystem. ShibHub lets you Earn, Learn, Connect, and Create. Whether you’re into DeFi, NFTs, Social networking or Web3 gaming: pic.twitter.com/CxhCbiBIr4 — Shib (@Shibtoken)…

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