Author: NBTC

Nexo, a prominent institution for regulated digital assets, has reaffirmed its inclusion of Shiba Inu on its platform with an exploratory analysis of SHIB. In an update on X earlier today, Nexo reiterated its support of Shiba Inu and provided users with an in-depth analysis of the project. Shiba Inu Now a Powerful Symbol of Strength The firm pointed out that Shiba Inu debuted in August 2020 as a joke meme coin. However, Nexo observed that over its almost four-year trajectory, SHIB has transformed into a powerful symbol of communal strength. .@Shibtoken’s $SHIB is live on Nexo! Let’s explore. ⬇️…

MetalCore, a free-to-play massive multiplayer online (MMO) combat game led by former developers from Activision, Disney, Lucasfilm, and Midway, has announced a partnership with the universal gaming ecosystem Portal. Studio369, the game development company behind the blockchain-powered PvP shooter, said that Portal is a cross-chain gaming access point that enables users “to consolidate all of their Web3 games, digital assets, and user accounts into a single, easily accessible location.” MetalCore and Portal Focus on Eliminating Onboarding Barriers The Web3 game industry is gaining popularity. However, Studio369 argues, the blockchain onboarding experience still has two major pain points: it’s complex and…

Hut 8 owns more than 9,100 bitcoin giving it a large amount of capital for future projects, the report said. Craig-Hallum upgraded the stock to buy from hold with an unchanged $12 price target. The broker said the company’s pipeline includes bitcoin mining as well as HPC and AI opportunities. Bitcoin miner Hut 8’s (HUT) stack of more than 9,100 coins gives it substantial capital to pursue upcoming projects, broker Craig-Hallum said in a research report upgrading the stock to buy. The company’s bitcoin stash is worth about 75% of its current market cap and “represents both a protective feature…

Mastercard (NYSE: MA) and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of tokenised deposits using blockchain technology within Hong Kong’s fintech sandbox. This initiative marks a significant step forward in exploring the potential of blockchain in revolutionising banking transactions and asset management. Tokenised deposits using Mastercard’s Multi-Token Network The successful execution of tokenized deposits highlights the growing synergy between traditional banking institutions and cutting-edge fintech solutions. Through the Mastercard Multi-Token Network (MTN), the live test transaction involved a Mox Bank client purchasing a carbon credit, which was then tokenized by SCBHK using Libeara, its…

Demand for spot bitcoin ETFs has slowed down in the days ahead of the BTC halving. The fund category collectively tallied net outflows for a fifth straight day on Thursday — albeit only slightly at about $4 million, according to Farside Investors data. The five-day net outflow total beginning on April 12 amounts to $319 million, reflecting an average of $64 million over the span. That peaked on Wednesday, when $165 million left the 11-fund sector. Such an outflow streak has happened just once before, with US spot bitcoin ETFs bleeding assets each day from March 18 to March 22.…

Launched in January 2023, the Ordinals Protocol opened the Bitcoin ecosystem up to the craziness of NFTs, enabling users to inscribe data – images, art, videos, and more – to individual Bitcoin denominations known as satoshis. The idea of bringing NFTs to the Bitcoin network might have seemed frivolous to some. Others, though, recognized the significance and heralded Ordinals as a shot in the arm for the Proof-of-Work blockchain. Strong as it was, the digital gold narrative would now be supported by another compelling use-case as bitcoin became more than a deflationary digital currency: now it could double as a…

Solana (SOL) is fighting for survival in a visibly tense market. The drawdown in the market has suppressed SOL from breaking away from its psychologically important level of $160. At the time of writing, data from CoinMarketCap pegs the price of Solana at $155.53. Solana whale FUD not going away Solana has long been associated with whales moving large amounts of SOL in and out of exchanges. Notably, investors and retail traders do not know when the next major dumping will take place. This has generally kept Solana on the edge as HODLers do not want to get caught up…

Bitcoin (BTC) miners might turn to the DePIN ecosystem to turn mining facilities profitable after the latest halving cut block rewards to 3.125 BTC, shared Livepeer CEO Doug Petkanics with Crypto Briefing. DePIN is short for decentralized physical infrastructure network, a blockchain industry sector that brings transparency and decentralization to the real world. Petkanics highlights that this movement to DePIN, where the business model is usually providing computing power through GPUs to artificial intelligence-focused companies, is met with good and bad news for Bitcoin miners. “The hardware that they’ve bought and deployed and paid for Bitcoin mining are really specific…

In a significant move to enhance the cryptocurrency ecosystem, Alchemy Pay has partnered with Metis, a Layer 2 blockchain solution underpinned by Ethereum, to integrate a robust fiat-to-crypto payment gateway into the Metis platform. This partnership will enable developers within the Metis ecosystem to access Alchemy Pay’s seamless On & Off-Ramp solutions, facilitating easier transitions between fiat and cryptocurrencies for users worldwide. This collaboration aims to refine the user experience by providing a direct, efficient gateway for these transactions. Alchemy Pay’s addition of Metis’s native token, METIS, to its On-Ramp solutions is a key feature of this partnership. This integration…

A cryptocurrency analyst and trader is issuing a warning on Bitcoin (BTC) amid a significant market correction. The analyst pseudonymously known as Rekt Capital tells his 73,400 YouTube subscribers that Bitcoin is currently experiencing a correction which typically occurs ahead of the halving. “So we’ve been talking about this danger zone for a while and we’ve seen retracement in that danger zone. And, in fact, we are in the thick of this danger zone, we’ve been in this danger zone for a month or so. And we’ve already seen two pre-halving retraces.” According to the pseudonymous analyst, going by previous…