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.
Metacade and SuperVerse Partner to Revolutionize On-Chain Gaming with Pool Prizes on Base Blockchain
A groundbreaking partnership between Metacade and SuperVerse has set the stage for an exciting chapter in blockchain gaming with the largest-ever pool prizes on Base. Metacade is the leading hub in on-chain gaming while SuperVerse is the prominent player in the GameFi space. Together, they have introduced a $10,000 prize pool for Gangs of Metacadia (GoM). It’s time…Metacade just got a $SUPER upgrade 🎮🔥🟩@SuperVerse pic.twitter.com/nKHthgeYUB — MCADE 🎮 METACADE (@Metacade_) November 19, 2024 Gangs of Metacadia is the flagship game of Metacade which marks one of the largest rewards ever offered on the Base blockchain. This collaboration pushes the boundaries…
Carrot Swap, a decentralized exchange, and Nichome, a platform aimed at becoming the primary portal for Neo X have announced a partnership. This collaboration will allow Carrot Swap users to earn X Credits on Nichome by performing actions such as token swaps. Nichome Nichome is designed to facilitate user participation in the Neo X ecosystem by combining asset activity with user engagement. The platform team plans to introduce a suite of features aimed at streamlining asset transfers and incentivizing user activity. Key intended functionalities include: Asset transfers: Allowing seamless transfers between EVM-compatible blockchains, Neo X, and Neo N3. Staking and…
The publicly listed Bitcoin (BTC) miner from Wall Street and London’s City, Argo Blockchain (NASDAQ: ARBK, LSE: ARB) reported a net loss of $6.3 million in the third quarter as the cryptocurrency mining company grappled with challenging market conditions and reduced mining margins. Revenue fell to $7.5 million in Q3, down 28% from $10.4 million in the same period last year. The company mined 123 Bitcoin during the quarter, averaging 1.3 BTC per day. Mining margins contracted significantly to 8% from 58% in the year-ago period, when the company benefited from power credits due to economic curtailments. Adjusted EBITDA swung…
In a strategic move, Sygnum, a prominent digital asset banking group, has opened a new office in Lugano, Switzerland. This location is significant as Lugano is the largest city in the Italian-speaking Canton of Ticino. The office aims to better serve local clients and strengthen ties with the growing Bitcoin and digital asset community. 📣 News: Sygnum Establishes Lugano Office and Launches Bitcoin Initiative to Advance Regulated #Bitcoin Products and Research https://t.co/Mb80XjRyMG▪️ Sygnum establishes new office in the Plan ₿ HUB in Lugano, Switzerland, to expand client services for growing local client… — Sygnum Bank (@sygnumofficial) October 24, 2024 New…
Ethereum’s price has pulled back in recent days as some whales continue to sell their tokens. Ethereum (ETH) retreated to $3,058 on Monday, Nov. 18, from this month’s high of $3,445. This retreat means that it has moved into a local technical correction after falling by 11% from its highest level this month. Ethereum’s price action happened as some whales continued selling their coins. Data by LlamaFeed shows that whales have moved ETH tokens worth over $300 million in the last 24 hours. The biggest whale movement moved 50,000 ETH tokens valued at over $153 million to Kraken and paid…
From memecoins to accusations of Polymarket manipulation to Michael Saylor’s bizarre custodial comments, last week in crypto was certainly exciting. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Memecoins, Market Manipulation, and More This week I saw yet another sign of the power of memecoins. I listened to several podcasts with many serious traders and builders talk in excited tones about this or that memecoin. It appears memecoins have the ability to make children out of even the most serious of us.…
In a significant move that has attracted market attention, Binance, a prominent cryptocurrency exchange, announced the removal of select BTC trading pairs from its platform. Scheduled to take effect on November 27, this decision has led to a notable decline in the prices of affected cryptocurrencies, prompting users to reassess their asset management strategies. Contents hide 1 What Trading Pairs Will Be Affected? 2 How Are Prices Reacting to Changes? What Trading Pairs Will Be Affected? On November 20, Binance disclosed its plan to eliminate specific cross-margin trading pairs, including C98/BTC and IDEX/BTC, starting at 06:00 UTC on the 27th.…
Bitcoin options traders are bracing for a potential price rally following the US presidential election on November 5, according to Arbelos Markets CEO Joshua Lim. Lim noted that there was a noticeable increase in traders buying call options expiring after the election, particularly in the $70,000 to $80,000 strike price range. “It was a combination of systematic month-end selling by yield seekers and a ‘sharpening’ trend to sell pre-election options and buy cheaper post-election calls,” Lim said. The strategy suggests traders are expecting an upside breakout for bitcoin despite the current uncertainty in global markets. “I see an increase in…
Ethereum (ETH) price has lagged behind other major assets this year, with a 30% year-to-date increase compared to Bitcoin’s 102% and Solana’s 118% gains. However, recent metrics suggest that ETH may be gearing up for a stronger performance. Whale accumulation is picking up again, and key indicators like the 7-day MVRV ratio and EMA alignments are signaling a potential bullish phase. ETH 7D MVRV Is at An Important Threshold Ethereum’s 7-day MVRV ratio currently sits at -3%, suggesting that short-term holders are at a slight unrealized loss on average. This metric often indicates whether an asset is undervalued or overvalued…
Investigative group TruthLabs claims MrBeast sent funds to wallets tied to Zachary Testa, the controversial PEPE token founder, raising questions about hidden connections and crypto transparency. Things seems t be getting bad to worse for YouTube star MrBeast (Jimmy Donaldson). He is now facing allegations of financial ties to Zachary Testa, the alleged founder of the PEPE token. TruthLabs, a crypto forensics group, has put forward claims that MrBeast may have indirectly funded Testa through Ethereum transactions, sparking serious questions about the ethical boundaries of celebrity endorsements and investments in the volatile crypto market. A tweet from TruthLabs’ Twitter account,…