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.

Chief of Better Markets stands against Bitcoin ETFs

BitcoinJan 11

Bitcoin is inching closer to the mark of $45k. BTC was last exchanging hands at $44,104.29. This could be largely due to the speculation surrounding the approval of Bitcoin ETF applications by the SEC. Applications by the likes of BlackRock and Fidelity are expected to go through maximum by January 10, 2024. While the entire crypto sphere waits for the moment they have craved for a long time, an analyst has come forward, asking the Commission not to approve those applications. Dennis Kelleher, the chief executive officer of Better Markets, a non-profit venture, has asked the SEC to reject all…

Curve Finance will integrate ZetaChain for native BTC suppor

BlockchainJan 11

ZetaChain recently announced an official collaboration with Curve Finance. The announcement was made on the X/Twitter account of ZetaChain. According to the string of tweets, the parties will work together for the first native BTC support. The support will be delivered to omnichain asset pools and cross-chain swaps. ZetaChain is currently operating as the first universal blockchain, with smart contracts managing assets on multiple chains from one place. The blockchain allows users to deploy a native cross-chain Curve on the ZetaChain network. Through this, users can steer external, native assets like they are present on one chain. These properties enable…

The US now has spot Bitcoin ETFs, affirming the future of money

BitcoinJan 11

Spot Bitcoin exchange-traded funds (ETFs) have been approved in the United States. The picture depicts eleven such ETFs, eight of which are affiliated with Coinbase. This speaks volumes about the development of the cryptocurrency economy. Spot Bitcoin ETFs introduced by the leading asset managers will provide access to a wide range of new investors, thereby fostering innovation and future development. The 11 spot Bitcoin ETF-based applications pertaining to traditional financial and crypto-focused financial providers have received approval from the SEC. The approval process for spot ether ETF applications may follow this. The anticipation and acceptance of spot Bitcoin ETFs have…

VechainThor uses Web3 to meet US sustainable development goals

BlockchainJan 11

VeChain has highlighted that it is leveraging the capabilities of its Layer 1 blockchain, VeChainThor, to meet the sustainable development goals set by the UN. The power of Web3 is being implemented in a sector that has an estimated worth of multi-trillion dollars in the days to come. Two reasons why VeChainThor is an ideal candidate to meet sustainable development goals are scalability and ability. It has been crafted from the ground up to support scalability. Meaning it will have enough strength to support future developments effectively and efficiently. Second, it can handle a large number of transactions executed on…

Crypto Analyst Weighs In On BTC Price Action

BitcoinJan 11

Amid the excitement surrounding the approval of Bitcoin Spot Exchange-Traded Funds (ETFs), Polish crypto analyst Adrian Zduńczyk has shed his insights on the price action of BTC in 2024 and beyond. Bitcoin Price Action In 2024 And Beyond Zduńczyk, who is the Chief Executive Officer (CEO) of Birb Nest shared his insights in a recent interview with Thinking Crypto founder Tony Edward. In the interview, Zduńczyk revealed his short-term expectations for Bitcoin, the impact of ETF approval, and post-halving expectations for price. Zduńczyk began by drawing attention to the recent surge in Bitcoin prices while also noting a minor decline.…

Cathie Wood criticizes Gary Gensler for demeaning crypto

BitcoinJan 11

Even though Gensler, the chairman of the SEC, ultimately approved the spot Bitcoin ETF, his support for Bitcoin and cryptocurrencies was manifestly lacking. His stance explicitly stated that he did not support it. He advised investors to exercise utmost caution when making decisions, considering the myriad risk factors associated with Bitcoin and other products backed by cryptocurrencies. Gensler’s viewpoint pertains to the SEC’s stance on providing connectivity with specific Bitcoin-based financial instruments and advises investors to exercise caution when entering the cryptocurrency market. As per Cathie Wood, the founder of Ark Investment Management, Gensler’s remarks regarding the acceptance of Bitcoin…

Zilliqa network upgraded to v9.3.0 successfully

BlockchainJan 11

The Zilliqa v9.3.0 upgrade is officially live on the mainnet. The announcement was made on the X/Twitter account of Zilliqa. The tweet read that the upgrade brings several network improvements. These improvements include EVM enhancements, sharding changes, mining rewards, and general fixes. Besides this, v9.3.0 is bringing improved efficiency and reliability to the network. The upgrade is a major step toward Zilliqa 2.0 as it integrates robust features with the network. Active reward control is the most noteworthy change Zilliqa has brought to users, along with desharding. The community approved the improvements after a voting session on Zilliqa’s governance platform.…

Anticipation starts building up for Bitcoin ETF approval

BitcoinJan 11

A moment that the Bitcoin community had been waiting for years could finally happen on January 10, 2024. The US Securities and Exchange Commission will likely approve all the Bitcoin ETF applications on that day. If approved, the community members will have a more structured format to invest their funds in the cryptocurrency. The race to get approvals is evident from the fact that the SEC has started accepting filings for Bitcoin ETFs, with major asset managers submitting 19b-4 amendments. Companies that are in the race to receive approval are BlackRock, Fidelity, and Grayscale. There is speculation that the Commission…

How will Blockchain transform convenience and security in 2024?

BlockchainJan 11

Blockchain transformation is a continuous process involving integrating digital technologies to develop innovative models and transform how businesses operate. With blockchain technology evolving rapidly, it is time to explore the digital transformation trends for 2024. Note that we will discuss blockchain’s impact on various industries, its use cases, and its game-changing potential that can revolutionize the tech-decision world. Blockchain Can Be Used in Endless Ways for Endless Purposes Financial Transactions – Cryptocurrency transactions pioneered by Bitcoin and other major cryptocurrencies exploded in popularity in the 2020s. Blockchain is particularly popular in finance, where it saves money and time for financial…

Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst

BitcoinJan 11

Renowned finance author Robert Kiyosaki has shared his thoughts on the future trajectory of the Bitcoin price. The author, who is no stranger to the crypto community, says that Bitcoin could rise to $150,000 while revealing what will spark this significant price surge. What Will Spark Bitcoin’s Rise To $150,000 Kiyosaki hinted in a post on his X (formerly Twitter) platform that the Spot Bitcoin ETFs will be the catalyst for Bitcoin’s rise to $150,000. He, however, didn’t say exactly when Bitcoin will hit this price level as he only stated that it will happen soon. With this prediction, the…