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.

Gelios, a prominent community-owned layer for decentralized applications on the Bitcoin Network, has announced a collaboration. As per it, the platform is joining forces with CyberKart-Ai which is a crypto-based racing game that allows the multiplayer option to let players enjoy adrenaline-fueled racing. The platform took to its official account on X to provide the details of the exclusive collaboration. Gelios x CyberKart-AiWe’re thrilled to partner with @The_CyberKart, an AI-driven multiplayer crypto racing game featuring adrenaline-fueled races on dynamic, AI-generated maps.🔸 Expanding the Gelios network reach🔸 Streamlining CyberKart-Ai integration🔸 Advancing insights… pic.twitter.com/12EBOLDXtp — Gelios (@GeliosOfficial) May 31, 2024 Gelios and…

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A big Bitcoin whale has reportedly deposited a huge amount of tokens to Binance more than once. As per the reports, the respective Bitcoin deposits by this whale have paved the way for speculations among the market onlookers and experts. Lookonchain, a popular on-chain analytics provider, has claimed that the whale deposited up to 800 $BTC tokens to the top crypto exchange. A whale deposited 800 $BTC($54.6M) to #Binance again 5 minutes after the March #CPI inflation was released.He also deposited 800 $BTC($57.16M) to #Binance yesterday, after that the price of $BTC dropped by ~4%.And he currently holds 13,665 $BTC($928.6M).Address:……

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Ethereum’s price continues to defend $3,800 despite the cooling investor impetus ahead of the next US non-farm jobs data, and on-chain data analysis reveals a rare bullish signal that could spark the next rally. Ethereum Price Rally Cools Ahead of US Inflation and Jobs Data The US Bureau of Labor Statistics is scheduled to publish the next instalment of its monthly Non-Farm Jobs data on Friday May 31. The Non-Farm Jobs is a key macroeconomic indicator that impacts how regulators and investors view the direction of change in inflation and overall economic activity. Within the current landscape, another decline in…

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From Ethena’s stablecoin to Bitcoin, for the first quarter of 2024 according to the CoinGecko report, the cryptocurrency market has experienced significant changes and trends that could redefine its future. The rapid rise of Ethena’s USDe stablecoin according to CoinGecko One of the most surprising developments has been the launch and explosive growth of Ethena USDe. This new entrant in the stablecoin market has quickly reached a market capitalization of 1.5 billion dollars, positioning itself among the top five largest stablecoins and dethroning TrueUSD (TUSD) from its rank. The rapid rise of Ethena USDe can be attributed to its strong…

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The House Financial Services Digital Assets Subcommittee will hold a hearing on real-world asset (RWA) tokenization on June 5 to discuss the emerging sector’s potential benefits. Congress will listen to testimony from industry experts at the hearing to determine the potential benefits of RWA tokenization in facilitating efficient markets. The US government’s decision to address RWA tokenization is critical because of the sector’s size and projected growth. Research from global consulting firm Roland Berger estimated the industry’s size at $300 billion in 2023, with the potential to grow 40x to $10 trillion by 2030. Meanwhile, BlackRock recently led a $47…

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ARAX has announced a strategic partnership with the Municipality of Tuzla, Romania, to launch a Decentralized Physical Infrastructure Network (DePIN) project aimed at transforming the city into a smart urban hub. This initiative will leverage ARAX’s advanced blockchain, IoT, and AI technologies to implement intelligent streetlights and other smart city solutions. The project will be executed in three phases, starting with planning and feasibility studies. This initial phase will involve stakeholder engagement, needs assessment, and technical and financial feasibility studies to ensure the project aligns with community needs and is viable. The second phase will see the pilot deployment of…

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Bitcoin has shown itself among the best-performing assets in the last decade. In 2023, it outperformed the S&P 500, high-yield corporate bonds, and gold, soaring as much as 156 percent in a year. Today, Bitcoin demand is reaching record highs as the approval of new spot Bitcoin ETFs has created a wave of institutional interest. Although dubbed a risky and volatile asset, Bitcoin remains a profitable investment, especially for its earliest investors. When it was launched in 2009, it was practically worthless. In 2010, it traded at $0.10. By 2013, it was hitting highs of $250—a 250,000 percent growth for…

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As the summer of 2024 approaches, investors are closely examining potential opportunities within the cryptocurrency market, particularly focusing on the prominent Web3 cryptocurrencies Ethereum (ETH) and Solana (SOL). Ethereum has recently gained traction with the approval of ETFs, boosting its market presence, while Solana boasts a Total Value Locked (TVL) of $4.795 billion, highlighting its growing ecosystem. These digital assets have captured substantial attention due to their robust ecosystems, impressive year-to-date performance, and ongoing development activities. However, the prevailing market conditions have left investors deliberating which of these two cryptocurrencies will yield better returns. To address this question, Finbold asked…

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VeChain’s VeBetterDAO promotes sustainability with diverse initiatives and rewards. Users engage in eco-friendly actions, earning rewards through VeBetterDAO initiatives. VeChain fosters sustainable habits with VeBetterDAO, driving positive global impact. VeChain, a leading blockchain platform, is revolutionizing the way sustainable behavior is rewarded through its VeBetterDAO initiative. Designed to incentivize positive daily decisions, VeBetterDAO offers a range of mini initiatives aimed at creating a big impact on individuals and the environment. We want to reward people making positive daily decisions for themselves and the world – that’s why we launched our incentive-powered platform, VeBetterDAO!With a unique dApp/DAO structure, it offers ways…

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The groups that lobby for big-bank interests in Washington asked the White House to step back from its stated intention to kill Congress’ effort to cancel a controversial Securities and Exchange Commission crypto policy. Two of the digital assets sector’s biggest allies on Capitol Hill also sent a similar request to the president. In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission’s (SEC) crypto accounting policy. In recent bipartisan…

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