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.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The 1inch card aims to bridge conventional finance with crypto, offering a safe, flexible method for handling both crypto and fiat currencies. Crypto cards have surfaced as a bridge connecting cryptocurrency spending and daily life in the evolving landscape of finance. They provide a practical answer to a persistent query—how can cryptocurrency holders utilize their digital assets for everyday tasks, like purchasing groceries or paying for coffee? The mechanics of these cards, although straightforward, signify a notable technological leap.…
Bitcoin’s (BTC) price has barely recovered from the debacle of momentum witnessed over the last few days. Nevertheless, the cryptocurrency appears to be under the threat of further drawdown due to not bearishness but bullishness of the investors. Bitcoin Faces a Challenge Bitcoin’s price fell from $62,000 to $53,300, shocking the crypto market and killing many bullish dreams. The futures market registered long liquidations amounting to $263 million in three days. This is the second-highest liquidation in the last two weeks, with the previous high noted three months ago in April. Generally, such high liquidations tend to calm investors down…
Prominent ETF expert Nate Geraci highlights the wild turn of events in the crypto industry, saying people are now discussing SOL and XRP ETFs within a week when many thought the SEC could deny all Ethereum fund applications. Nate Geraci, a prominent crypto ETF expert and co-founder of The ETF Institute, has highlighted a sudden shift in sentiment regarding crypto-focused ETFs. A Shift in Sentiment Regarding Crypto ETFs According to Geraci, the broader sentiment in the market over the past week was that the U.S. SEC would deny all Ethereum ETF applications. However, within one week, there has been a…
After 10 long years, early Bitcoin investors are finally about to get their digital coins back from collapsed exchange Mt. Gox. Movements by the now-defunct exchange’s trustee earlier this week spooked investors when it sent a test transaction, moving $2.8 billion in BTC into one of its cold wallets, according to data from crypt analytics firm Arkham Intelligence. But attention turned back to the earlier series of massive transfers to exchanges when top American crypto exchange Kraken informed customers on Wednesday that they could receive their Bitcoin in “7-14 days.” Kraken is one of five exchanges selected to dish out…
Shytoshi Kusama, the enigmatic leader of the Shiba Inu ecosystem, has seized upon the recent CrowdStrike global outage to advocate for Web3 solutions, such as Shibarium, to decentralize critical infrastructure. On July 19, a widespread technology failure brought flights to a standstill, crippled payment systems, and disrupted healthcare services. Moreover, it blocked access to Microsoft services. Experts are calling the development one of the most catastrophic IT failures on record. Meanwhile, the root cause of the disruptions was traced back to a malfunctioning software update by CrowdStrike, a cybersecurity firm that provides services to multiple industries. The flawed update wreaked…
Key Points: Bitcoin price performance has led asset classes since 2011, up 145.9% as of July 5, 2024. Bitcoin fell to $53,500 due to liquidations by Mt. Gox and government entities. Big holders have accumulated 212,450 BTC during recent volatility, now owning 1.05% of the total supply. Bitcoin Price Performance Tops Asset Classes Data presented by Saylor shows that, since 2011, Bitcoin remains the best-performing asset. As of July 5, 2024, Bitcoin has surged by 145.9%, outpacing significant other assets such as US Growth (16.3%), NASDAQ 100 (18.99%), US Large Caps (13.7%), and gold (3.5%). Bitcoin price performance’s growth is…
Vitalik Buterin, Ethereum co-founder, has described blockchain as a “truth machine” as it gives detailed information on time stamps of messages. Buterin’s statement on social media platform X was inspired by a poster from another user who asked, “Then what is a global universal blockchain?” Buterin harps on enhanced truth verification systems In essence, Buterin clarified that a blockchain presents information as it is entered into the system without falsifying or giving room for manipulation of the data entered. The Ethereum co-founder, however, alluded to the limitations of blockchains when he stated that they are not built for fact-checking a…
Bitcoin surpasses $56,000, sparking optimism in the crypto market. Ether and other altcoins show growth potential. Diversification and analysis are crucial in this volatile market. Bitcoin has surged back above the $56,000 mark. This has brought renewed optimism to the crypto market. The market crashed while analysts and investors expected a significant Bitcoin rally. Analysts attributed the crash to Mt. GOX anticipated sell offs and the German government’s BTC dumping. Meanwhile, altcoins are back to their 2024 origin, as the post below suggests. #Altcoins have shown us so many ups and downs. If you’re here long enough, you already have…
Former US President Donald Trump recently made headlines due to his bold political moves, particularly his continuous support for the crypto industry. This support sparked a surge in meme coins inspired by him, leading to fantastic gains in the market. Meme Coins Inspired by Trump See Massive Gains MAGA (MAGA), a meme coin inspired by Trump’s campaign slogan “Make America Great Again,” increased by approximately 162% in the last 24 hours. DEX Screener data reveals it is now trading at $0.0006501. The on-chain tracker platform Lookonchain reported that a crypto trader made $2.7 million in just three days by trading…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the decade since Ethereum co-founder Gavin Wood first coined the term “web3,” we’ve seen the promise of a new digital empire rise into reality. Cryptocurrency has become a trillion-dollar mainstain of the global economy; NFTs have entrenched themselves in high-stakes art and investment trades; blockchain-based financial services have transitioned from novelty to normal. You might also like: Meme coins are everything wrong with web3 | Opinion For all the above, we can thank the dreamers and…