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.

Bitcoin Grabs 13th Spot As World's Most Valued Currency, Latest Data Show

BitcoinDec 27

In a groundbreaking financial shift, Bitcoin, the world’s original and deeply capitalized cryptocurrency, has swiftly climbed the ranks, securing its place among the top 15 largest currencies globally. Bold, a Bitcoin credit card company, revealed this remarkable feat in December, emphasizing Bitcoin’s uniqueness as the sole crypto in the top 20 currencies of sovereign central banks. Examining the data provided by CEIC and CoinGecko paints a vivid picture of Bitcoin’s extraordinary ascent. On the pivotal date of November 19, Bitcoin’s market capitalization soared to over $835 billion, solidifying its position among the global financial giants. Bitcoin’s Meteoric Rise: Overtaking Global…

TurtSat announces the launch of QuilllQ

BitcoinDec 27

TurtStat has announced the launch of its new project, QuilllQ, on December 28, 2023. The Alpha Stage will go live at 19:00 UTC and end at 21:00 UTC. The launch of Beta Stage will come after that and last for the following two hours. QuilllQ has been defined as an all-in-one aggregation tool platform. Dr. Q, an Artificial Intelligence tool, drives it. QuilllQ is tasked with assisting users with key functionalities, including, but not limited to, automatic on-chain data analysis reporting, smart runic forging, and robot automatic trading. Alternatively, QuilllQ can be defined as the first intelligent rune crafting platform…

Forget High Gas Fee Challenges, Ethereum Remains Bullish: Time To Buy More?

EthereumDec 27

Despite concerns over network congestion and high gas fees, Ethereum remains bullish in the long term, according to borovik.eth–a partner at Rollbit, who posted on X on December 26. The key factors driving the positive outlook are pointing to Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous Layer-2 solutions (L2s). Will Layer-2 Activity Drive ETH To New Highs? Borovik.eth remained deviant and optimistic about ETH, even with Solana (OSL) and other layer-1 coins like Cardano (ADA) soaring in 2023. In the analyst’s view, Ethereum’s scaling challenges are manageable, believing that developers will find…

Bitcoin Millionaires Rise By 246% In 2023, Here's How Many There Are

BitcoinDec 26

Bitcoin’s resurgence in 2023 has created wealth for many crypto investors, as there has been a significant rise in the number of Bitcoin millionaires. These Bitcoin millionaires happen to be wallet addresses whose BTC holdings equal $1 million or above. Number Of Bitcoin Millionaires According to data from BitInfoCharts, there are currently 97,497 Bitcoin millionaires. This represents a significant increase from the beginning of the year when the number of wallet addresses equal to $1 million and above stood at 23,795, according to data from Glassnode. This development is attributed to the resurgence in Bitcoin’s price this year, with the…

Billionaire Tim Draper Predicts When The Bitcoin Price Will Reach $250,000

BitcoinDec 26

Billionaire Tim Draper has predicted a new all-time high for Bitcoin, foreseeing a staggering $250,000 rise for the cryptocurrency in 2024. Bitcoin To Reach $250,000 In a recent exclusive interview with Coin Bureau, a crypto informational portal, American venture capital investor, Tim Draper and Co-founder and CEO of Real Vision, Raoul Paul shared compelling insights on the outlook of Bitcoin and other cryptocurrencies in the space. During the engaging conversation, Draper expressed highly bullish sentiments regarding Bitcoin’s future trajectory. When asked about his thoughts on Bitcoin’s price prediction, Draper confidently stated that BTC is poised to reach $250,000 soon. He…

BNB Chain announces opBNB’s $450k+ festivities celebration giveaway

BlockchainDec 26

BNB Chain has announced hosting the opBNB festivities celebration. The same will begin on December 28, 2023, and end on January 17, 2024. It is being linked with the upcoming New Year’s Eve to spark interest in the minds of community members. However, the reward pool of $450k+ as a Giveaway is likely to work the most. Only select members of the community can participate. They must have held BAB tokens on opBNB or BSC, held opBNB Genesis NFT or BNB Chain 3YA NFT, and engaged in transactions for at least 5 days prior to the commencement of the event.…

Zeepr goes live on EOS EVM

BlockchainDec 26

Zeepr Labs has announced that Zeepr is now live on EOS EVM, allowing its community members to leverage the holding of $EOS as collateral. This partnership aims to expand their ecosystems and strengthen connections with public chains. Benefits to the EOS Community, at the moment, pertain to using their holdings as collateral to open perp positions of trending assets. Calling this an exciting step, Zeepr Labs has expressed its confidence that the ecosystem expansion will be mutually executed to benefit both partners. Meaning both of their ecosystems would eventually expand. Zeepr Labs is celebrating the development by drawing 20 users…

Top crypto crystal ball 2024 predictions about Bitcoin & crypto

BitcoinDec 26

With 2023 drawing to an end, the crypto market is finally experiencing some relief from years’ worth of slugfest. The crypto crystal ball predictions also suggest a bright future for the industry. The predictions expect 2024 to be the year for scaling solutions, interoperability, and Bitcoin dominance. According to the predictions, interoperability solution providers will lead the drive. Names like Robinson Burkey (Wormhole) predict that the next wave of development will be trustworthy, decentralized, and secure interoperability between protocols. Similarly, Avalanche and Solana will dominate the scaling solutions market. Brian Evans from BDE Ventures expects the networks to lead the…

Ethereum (ETH) Lags In Market Cap Growth Despite Positive Year

EthereumDec 24

According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments experienced by the asset in 2023. Ethereum Underperforms Ethereum (ETH) has been one of the major headliners in the crypto space in 2023. The second-largest cryptocurrency and the most prominent altcoin has continued to retain investor interest marked due to several factors. One of these…

Can Bitcoin Price Climb To $47,000? Here’s What This Crypto Analyst Thinks

BitcoinDec 24

The bulls seem to be back in control following the return of the Bitcoin price to above $43,000 this past week. This positive run comes on the back of a period where the premier cryptocurrency struggled, falling below $41,000 at some point. However, the market leader appears to have regained most of its lost momentum, with new heights now in sight. A popular crypto pundit on the X platform has put forward a new prognosis and set a new target for the Bitcoin price. BTC Price To $47,000? Here’s What Needs To Happen In a post on X, crypto analyst…