Author: NBTC

More people worldwide are interested in the Bitcoin halving this year compared to 2020. According to the CoinWire research provided to crypto.news, the appeal of Bitcoin’s (BTC) halving has almost doubled since its previous quadrennial block reward slashing. The firm analyzed this year’s Google Trends data from across the globe and discovered that BTC halving interest scores increased from the previous cycle 51 to 100 days before the watershed event. The first halving in November 2012 scored zero on the trends chart, as blockchain technology and cryptocurrencies were reasonably new to financial curiosity. The score rose to four by July…

Andrew Howard, CBO at Jan3 company spearheaded by Samson Mow, has sent a critique against Ethereum founder Vitalik Buterin for dumping almost $100 million worth of ETH on the market six years ago, when the ETH price reached an all-time high. Several Bitcoiners, including major figure in the community Erik Voorhees, have stood up to Howard to defend Buterin. Howard jabs Buterin, Erik Voorhees defends Buterin In his tweet, Andrew Howard recalled that Vitalik Buterin had admitted to public selling of 70,000 ETH back in 2018, when the second largest cryptocurrency reached a historic price peak of $1,119. At that…

This article examines the top 4 tokens native to crypto exchanges that have the potential to witness significant gains in this season’s bull market. In anticipation of an imminent bull market, investors are curious about which crypto asset will perform incredibly well in the 2024/2025 bull season. Over the past bull cycles, investors have focused on new and unpopular cryptos, hoping to maximize profits when these assets gain popularity. However, this strategy has not worked well for some market participants. Interestingly, tokens with strong backgrounds outperform most new assets during a bull market, Top 4 Exchange-Owned Tokens With Strong Growth…

A closely followed crypto trader is warning that Bitcoin (BTC) may be sending false bullish signals. Pseudonymous trader The Flow Horse tells his 209,900 followers on the social media platform X that Bitcoin may be at risk of a sudden move to the downside. “This kind of Bitcoin structure that has everyone focused on breaking out is exactly the kind that sets up a fake out that barts down and just continues to range longer.” The trader believes Bitcoin could start dipping as it heads into the April 19th halving event, when miners’ rewards are cut in half. “The closer…

Gyroscope, a notable player in the decentralized finance (DeFi) sector, has announced its latest strategic move: the deployment of its services on Base, a layer designed to enhance the Ethereum ecosystem. This initiative starts with the launch of their flagship pool for synthetic DAI (sDAI) on layer 2 solutions, in collaboration with Spark. This development marks a significant step in Gyroscope’s efforts to enhance liquidity options and yield opportunities for its users. The introduction of this new pool on Base allows holders of USD Coin (USDC) or sDAI to engage in what Gyroscope calls ‘Triple Dipping’ on Rehype E-CLP yield.…

The newly approved spot Ethereum exchange-traded funds (ETFs) could trigger a supply crunch for the second-largest cryptocurrency by market cap. Ethereum’s supply on centralized exchanges has hit an eight-year low, with only 12.78 million ETH available. This amount constitutes roughly 11% of the total supply. Ethereum Demand Shock Expected Analysts have noted that investors are withdrawing their ETH from exchanges just as the asset is poised to experience a surge in institutional demand. Such a decline in exchange balances is usually a bullish sign. It indicates that investors expect price growth and have no plans to sell their holdings in…

NEAR Protocol (NEAR) reports notable achievements by the community and developers. Its main cryptocurrency is also among the best performers over the past seven days. Over the past 12 months, NEAR Protocol (NEAR) has demonstrated the highest user retention rate among L1 altcoins. According to data provider Artemis, the main adoption rate for this blockchain is 9.53%. All of NEAR Protocol’s (NEAR) competitors have demonstrated lower long-term retention rates. For example, Avalanche (AVAX) saw only 8.19% of users return to C-chain over 12 months, while for BNB Chain this figure barely exceeded 7%. According to the data, the largest blockchains…

The Decentralized Finance (DeFi) ecosystem has come a long way since the yield farming craze that fueled the 2020/2021 bull run. At the time, most of the protocols were launching solely on the Ethereum blockchain; however, with transaction fees skyrocketing, alternative Layer 1 blockchains such as Solana and Layer 2 networks like Optimism also gained popularity as DApp-building ecosystems. While this was a step forward in making DeFi more accessible and cheaper, the advancement came with its own set of challenges. DeFi applications were limited to a single blockchain network, making it hard for users to transfer assets from one…

The chief investment officer of crypto fund manager Bitwise is predicting new all-time highs for Ethereum (ETH) if spot ETH exchange-traded funds (ETFs) are ultimately approved. Earlier this week, the U.S. Securities and Exchange Commission (SEC) approved a rule change that sets the stage for the potential green lighting of spot market Ethereum ETFs. In a new interview on the Bankless podcast, Matt Hougan predicts investor inflows into ETH ETFs would total billions of dollars and drive ETH beyond its all-time high of about $4,900, which it hit back in November 2021. “I don’t think Ethereum ETFs will match Bitcoin…

The ezETH depegging incident, driven by poor communication and lack of withdrawal mechanisms, highlights crucial lessons in ensuring stability and effective risk management in the DeFi space. The crypto community was shaken when Renzo’s native token, ezETH, diverged significantly from the price of its underlying asset, Ether (ETH), in April 2024. This phenomenon, known as depegging, occurs with stablecoins that cannot maintain their fixed value and lose their value compared to the underlying asset. On major decentralized exchanges (DEXs) like Uniswap, ezETH dropped to $688 at its lowest point, causing panic among investors. Although the token has since recovered, it…