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.
A clicker game on Steam recently became the talk of the town after flipping some of the most popular games on the platform. ‘Banana’ became a sensation for its NFT-like rewards, which can be sold for over $1,000 on Steam’s marketplace. However, the clicking phenomenon has sparked a debate among crypto community members about the state of crypto and web3 gaming. Peeling Steam’s Clicker Game Sensation Banana is an indie game on Steam that consists of clicking the image of a banana to obtain rewards. Although not the first of its kind, its players are rewarded with digital bananas every…
Binance, the world’s largest crypto exchange by trading volume, has disabled copy trading services for its European users as the implementation of the Market in Crypto Assets (MiCA) regulation approaches. This regulatory change, scheduled to become effective at the end of June, signifies a substantial alteration in the European Union (EU) crypto environment. Binance Notifies EU Users of Immediate Copy Trading Restrictions As of today, European Binance users found a message on their mobile app informing them that the copy trading service is no longer available in their region. Before this, Binance had warned “Impacted Lead Traders and Copy Traders”…
Wormhole, a leading interoperability platform, is expanding its multichain ecosystem by integrating with Karak Network’s K2 blockchain, an L2 built on the OP Stack. This integration allows Karak to access liquidity and users from over 30 leading blockchain ecosystems. It will enhance its vision of universal security. Karak is thrilled to incorporate Wormhole as its first Distributed Secure Service (DSS). Wormhole 🤝 KarakWormhole is expanding its multichain ecosystem with @Karak_Network’s K2 blockchain, an L2 built on the OP Stack. This integration provides Karak access to liquidity and users across over 30 of the leading blockchain ecosystems. pic.twitter.com/9L4HTn23NC — Wormhole (@wormhole)…
Bitcoin price extended its increase above the $67,500 resistance. BTC tested the $68,000 resistance and is currently correcting gains. Bitcoin started a downside correction after it climbed toward the $68,000 resistance zone. The price is trading below $67,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $65,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless the bears push it below $65,900. Bitcoin Price Starts Downside Correction Bitcoin price remained stable above the $66,500 level. BTC extended its…
IntoTheBlock analysis shows Tron leading Layer 1 blockchains with over 2 million daily active addresses. This metric underscores the vibrancy of Tron’s community, marking a significant milestone for the blockchain platform since its launch in June 2018. Positioned as an innovative smart contract platform for dApps, Tron competes with major players like Ethereum, Tezos, Cardano, and EOS. While utilizing a delegated proof-of-stake (DPoS) system for security, Tron prioritizes speed and efficiency, potentially at the cost of some decentralization. Its native protocol token, TRX, serves as the backbone of the ecosystem, facilitating payments, miner rewards, and governance. Moreover, TRON’s strategic collaborations…
Crypto.com, has announced the addition of PayPal USD ($PYUSD) to its feature-rich payment platform. The integration is a significant coming together of traditional finance and the emerging digital currency space, removing further barriers for consumers in utilising their crypto assets as part of everyday transactions on a global scale. The announcement came directly from Crypto.com, which detailed the multiple functionalities now available to its users. This latest update illustrates the platform’s dedication to improving its user experience, while expanding services. Users can now send $PYUSD to friends, buy gift cards, and shop within the app. Additionally, the integration extends to…
The most recent episode of the Bankless podcast discussed the potential advantages of authoritarian regimes in the 21st century. The argument stems from the idea that the Chinese and Russian governments allocate significant resources to promote their narratives while the US government takes a more hands-off approach. In the episode, hosts Ryan Sean Adams and David Hoffman delve into whether authoritarianism could outcompete liberal democracies, featuring insights from economist Noah Smith and Ethereum co-founder Vitalik Buterin. Efficiency of Authoritarian regimes as a threat to liberalism Smith argues that liberal democracy was hailed as the optimal societal model at the end…
Bitcoin remains the most closely watched digital asset, with changes in its market indicators often leading to wide-ranging analyses and forecasts. Recently, developments in Bitcoin’s futures market have caught the attention of analysts and investors alike. Axel Adler Jr, an analyst at CryptoQuant, provided some insight into these fluctuations, noting the inconsistency in market movements over the past few days. Adler pointed out that there was a noticeable shift in the Funding Rate of Bitcoin, which turned negative, while Taker orders became bullish. This was a reversal from the previous day’s market behavior, highlighting the volatility and the changing sentiments…
Rapper Iggy Azalea’s MOTHER token hit another all-time high on Thursday, extending the gains for Solana’s latest hot meme coin and inviting criticism of the highly risky, sometimes infamous subsector of celebrity cryptocurrencies. Just over a week after launch, the MOTHER token has reached a market cap of $200 million, minting millionaires among some iron-handed gamblers who saw 90% price gains in the last 24 hours alone. Azalea has transformed her powerful X (formerly Twitter) account into a platform for promoting the token to her 8 million followers. Those eye-watering totals vaulted MOTHER into the upper echelons of Solana’s fast-growing…
Coinbase said it would not facilitate the migration of two assets related to the Artificial Superintelligence Alliance (ASI) token merger in a June 26 statement. Instead of executing migrations for Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, the exchange plans to continue supporting trading for each asset until further notice. Coinbase said it will allow users to perform migrations through their self-custodial wallets, including but not limited to Coinbase Wallet. Coinbase said the token merger would support “all major software wallets.” Coinbase does not support trading of SingularityNET (AGIX), a third token that will merge with OCEAN…