Author: NBTC
From Trey Walsh, Executive Director of The Progressive Bitcoiner I’ll start off by saying I have many reservations about the United States pursuing a Strategic Bitcoin reserve, with the major plans I’ve observed including legislation proposed by Senator Lummis and a draft Executive order from the Bitcoin Policy Institute (this does not include those proposed state-by-state, which is a different focus and a bit more straight forward given they hold some bitcoin to diversify their assets). My reservations include timing, political (polarizing) ramifications, mechanisms/cost of obtaining Bitcoin, why the U.S. would pursue this as a nation already leading as the…
NFTScan, an NFT infrastructure provider, is now officially launched on Conduit Marketplace. This integration aims to streamline non-fungible token (NFT) development and data accessibility across multiple blockchain networks. A notable rollup solution provider Conduit allows teams to expand their decentralized applications efficiently. NFTScan is officially on Conduit Marketplace.Built by the same team behind @Mint_Blockchain, @nftscan_com has the biggest NFT database spanning 20+ blockchains, providing professional and comprehensive NFT data services to web3 users and developers. pic.twitter.com/H8oGpkCIXJ — Conduit (@conduitxyz) February 21, 2025 NFTScan supports over 20 blockchain networks and provides users with a powerful explorer service that enables tracking of…
Crypto exchanges are increasingly entering the stablecoin market because they want to release their own digital dollar substitutes. After changes in regulations in Europe led to Tether’s USDT being delisted, exchanges such as Kraken and Crypto.com are taking the opportunity to launch their stable assets. A source with knowledge of the situation says Kraken is looking to build a U.S. dollar-pegged stablecoin through its Irish entity. The action comes as global regulation is tightening in the EU, which, as we noted earlier, has ordered exchanges to remove stablecoins that don’t comply with the regulations, including the most popular USD Tether…
Bitcoin, currently dancing between $91,721 and $92,105 over the last hour, has dipped by 2.7% in the past 24 hours. Its market cap stands tall at $1.81 trillion, with a trading volume of $45.45 billion and an intraday price swing from $91,315 to $94,562. Bitcoin Bitcoin‘s 1-hour chart tells a tale of modest recovery from earlier dips, but bitcoin seems to lack the gusto to punch through the resistance hovering around $93,000. Indicators like the relative strength index (RSI) at 40 and the Stochastic at 10 are playing it cool, suggesting a market that can’t make up its mind. However,…
Adult-themed crypto token CumRocket surged 400% in under an hour after Elon Musk tweeted an image featuring Apu Apustaja, a Pepe the Frog variation, alongside the token’s reference. Source: Elon Musk The token’s price jumped from $0.004 to $0.02 following Musk’s Thursday tweet, according to CoinGecko data. However, the momentum quickly faded. The token currently trades at around $0.008, representing an 95% increase over the last 24 hours. Musk had previously tweeted about CumRocket in June 2021, when a series of his emojis, widely seen as a reference to the token, caused its price to skyrocket nearly 400% in just…
Today, Boltz is launching Boltz Pro, a service that lets users help Boltz manage its bitcoin wallet and Lightning channel liquidity, and I plan to test it out. But first some background on how Boltz Pro works. According to Kilian, a co-founder of Boltz, the balances of Boltz’s wallets and Lightning channels are constantly shifting, especially as the volume and velocity of sats flowing through the platform increases. So, the idea behind Boltz Pro is that users can help provide liquidity for swaps in the event that Boltz’s balances run low. Here’s an example: Let’s say Boltz is running short…
SOON, which is positioned as the most efficient rollup stack based on Decoupled SVM (Solana Virtual Machine) technology, will launch its Alpha mainnet today. Features of Solana Virtual Machine ‘SOON’ SOON Mainnet is going to be as fast as we ship them. Tomorrow is the big day. — Henry Spသcer (@mary0x_) January 2, 2025 With its alpha mainnet, SOON aims to address scalability and high transaction fee issues faced by large-scale networks, especially Ethereum. By adopting rollup technology, it seeks to reduce transaction costs and increase transaction speed. SOON boasts a block time of 50 milliseconds and a capacity of…
Bithumb, one of the leading cryptocurrency exchanges in South Korea, announced the delisting of Valor (VALOR) and Bitcoin Gold (BTG) as part of its investor protection policies. Bithumb to Delist Valor (VALOR) and Bitcoin Gold (BTG) Tokens The exchange noted that both assets failed to meet listing maintenance standards, leading to the termination of support for trading and withdrawals. Bithumb stated that the documentation provided by the Valor Foundation was insufficient to address concerns regarding the utility and disclosures of the token. After conducting a comprehensive review, the Exchange has determined that VALOR no longer meets the criteria for continued…
Crypto prices are experiencing a rocky Monday due to poor U.S. macroeconomic data and rampant profit-taking. Bitcoin (BTC) has dropped 1.8% in the past 24 hours to $91,800, a price not seen since Dec. 5, the day it broke through $100,000 for the first time. The largest cryptocurrency has fallen more than 14% from its Dec. 17 record of $108,278. Ether (ETH) has lost less, falling 0.7% to $3,320, though it’s now 17% below its December highs, and still has not surpassed the record $4,820 it hit in 2021. Solana (SOL) is also proving a little stronger than bitcoin, with…
Shiba Inu ecosystem team officially starts 2025 with a bang as it confirms the launch date of its highly anticipated token TREAT. This was confirmed yesterday in an X post from TREAT’s dedicated X account. According to the team, TREAT’s highly anticipated launch is scheduled for this month, January 2025. However, the team did not confirm the exact day of the month TREAT will make its official debut. TREAT Launch Delay The team has been hinting at the potential launch of TREAT over the past two years. For context, it introduced TREAT in 2022, characterizing the token as Shiba Inu’s…