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.

DigiThree Labs, part of DigiCorp Labs, has been certified as an Independent Software Vendor (ISV) for Hitachi Vantara. This certification recognizes DigiThree Labs’ expertise in developing software that seamlessly integrates with Hitachi’s systems, allowing them to offer specialized, value-added solutions to Hitachi’s customers. This partnership marks a significant step toward the mainstream adoption of blockchain and Web3 technologies. By combining DigiCorp Labs’ blockchain innovations with Hitachi’s enterprise storage solutions, both companies aim to address critical challenges related to data security, compliance, and governance. Through this strategic collaboration, DigiThree Labs will deliver integrated solutions designed to enhance the Hitachi Content Platform…

Read More

According to Whale Alert, a dormant Bitcoin address dating back to Bitcoin’s earliest days has been reactivated, resulting in an enormous gain of 169,358,650%. This address, which contains 50 BTC and is currently worth almost $3,387,175, was activated after being dormant for 14.3 years. Back in 2010, these 50 BTC were worth only $2. Whale Alert reports that a dormant address containing 50 BTC worth $3,387,175 has just been activated after 14.3 years (worth 2 USD in 2010). 💤 A dormant address containing 50 #BTC (3,387,175 USD) has just been activated after 14.3 years (worth 2 USD in 2010)!https://t.co/HWGBYNbQWd —…

Read More

Ethereum began November with a remarkable 40% rally, but sustaining the momentum has proven challenging for the altcoin king. As the price stabilizes above $3,000, a significant boost from institutional interest might help reignite Ethereum’s bullish trend. Ethereum ETFs are at the center of this resurgence, recording historic inflows. Ethereum Has the Institutions’ Support Over the past week, Ethereum ETFs experienced their largest weekly inflows since launch. BlackRock led the surge with a staggering $286 million, while the combined inflows across all ETFs reached $550 million. This influx reflects growing institutional confidence, driven by Ethereum’s price recovery and Bitcoin’s recent…

Read More

LunarCrush’s Galaxy Score has revealed the top 10 cryptocurrencies for November 2, 2024, spotlighting assets that show strong social and market engagement. This ranking system evaluates assets on their social performance, to help investors gain insights into potential market movers. TOP 10 COINS BY LUNARCRUSH GALAXY SCORE$BTC $GNO $SOL $ETH $YFI $TAO $BNB $DXD $XIN $YFII pic.twitter.com/rhwxUbeGAS — PHOENIX – Crypto News & Analytics (@pnxgrp) November 2, 2024 The current ranking places Bitcoin ($BTC), Gnosis($GNO), Solana($SOL), Ethereum($ETH), Yearn.Finance($YFI), Binance Coin($BNB), DXdao($DXD) Mixin($XIN) and DFI.Money($YFII) is at the forefront, showing increased activity and market interest. Bitcoin ($BTC) and Gnosis ($GNO) Lead…

Read More

The launch of the Ethereum-compatible Layer 1 blockchain, Monad, marks a significant advancement in scalability and transaction efficiency for the crypto ecosystem. With its new testnet now rolling out, Monad aims to challenge Ethereum’s framework by achieving an ambitious throughput of up to 10,000 transactions per second. “I made a tx, it was fast,” tweeted renowned crypto trader Jordan Fish, known as Cobie, confirming his experience on the Monad testnet to COINOTAG. Monad’s testnet rollout showcases its potential to enhance Ethereum’s capabilities, promising up to 10,000 TPS in an innovative, EVM-compatible blockchain environment. Monad’s Testnet Rollout: A Leap Towards High-Throughput…

Read More

Bitcoin is forming a cup and handle pattern, indicating potential for a significant price breakout. The next key resistance level to watch is the neckline at around $72,000. A successful breakout above the neckline could trigger a steep upward price movement. The Bitcoin price is hinting at a significant rally through one of the most recognizable patterns – cup and handle. This bearish technical pattern is known as determining potential large upward movement in price once key levels are crossed. Bitcoin price formation explainable in the context of this formation structure is at the final stage as can be seen…

Read More

In a social media post on the X social media network, SBI Holdings CEO Yoshitaka Kitao stated that Ripple, one of the leading enterprise blockchain companies, should start preparing for an initial public offering (IPO) “as soon as possible” after the SEC matter gets resolved. In early October, the SEC filed a notice of appeal in the Ripple case, extending its prolonged legal battle with the company. However, likely, the regulatory cloud will no longer be hanging over Ripple. Various legal analysts predict that the appeal will be shelved by the SEC following the seemingly imminent changing of the guard…

Read More

South Korea’s largest cryptocurrency exchange Upbit has recorded dramatic increases in trading volumes for several altcoins. These notable increases observed on the one-hour and four-hour trading charts indicate high activity, which contrasts with trends on global platforms like Binance. One of the notable moves was seen on Beam (BEAM). On its four-hour chart, BEAM’s trading volume on Upbit skyrocketed to $63 million, a 212.77% increase from its 50-period average of $20 million. However, the picture was quite different on Binance, where BEAM’s volume dropped by 39.80% from an average of $6 million to $4 million. Another token that caught our…

Read More

Over two years ago, Sam Altman, co-founder of OpenAI, launched Worldcoin, a blockchain project known for its distinctive metal orb used to scan eyeballs. Recently rebranded as “World Network,” the platform provides users with digital passports — verified through the iris scans — to help online services differentiate humans from bots in an AI-driven internet. Now, a group of crypto veterans, including the co-founders of decentralized finance juggernaut Lido, are preparing to launch “Y,” a blockchain identity platform aimed squarely at competing with World Network. CoinDesk obtained an internal planning document for the new project. A person close to Cyber…

Read More

Vocal Bitcoin maximalist Max Keiser has shared what ROI (return on investment) he has seen on his BTC investments since the times when the flagship cryptocurrency traded as low as just $1. Keiser, who is also the advisor on all things to do with Bitcoin to President of El Salvador Nayib Bukele, has reminded the BTC community that he has been purchasing digital gold since 2011, when Bitcoin was worth just $1. Basically, Keiser began buying BTC right after its mysterious creator, Satoshi Nakamoto, disappeared from public view. By now, he proudly stated, his ROI on the Bitcoin he holds…

Read More