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.
Fantasy Top took over crypto Twitter last week. Now, with a huge update shipping, the game has seen a jump in player engagement. Late last night, Fantasy Top’s official Twitter announced a jam-packed week for fans of the social media game, including a reworked scoring system, a huge prize pool, and a noob-friendly tournament. Most notably, however, over 40 new NFT Heroes are being added to the game, including crypto degen turned boxer Barneytheboi, founder of the Sappy Seals NFT collection wab.eth, and angel investor LilMoonLambo. Crypto influencers are turned into NFT cards called Heroes for Fantasy Top, which is…
Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
Bitcoin mining difficulty fell about 6% last week, the report said. The broker noted that bitcoin miners with the lowest costs have increased market share since the halving. Bernstein said a pause in the bitcoin rally is good for lower cost miners as hashrates remain capped. Bitcoin (BTC) mining difficulty fell around 6% last week in the most significant decline since the crypto winter of December 2022, and this is a positive development for some of the miners, broker Bernstein said in a research report on Monday. The broker noted that with lower bitcoin prices and an almost doubling of…
Venture investor, founder of Pomp Investments Bitcoin private credit fund Anthony Pompliano has taken to his X account to send a message about Satoshi Nakamoto and the Bitcoin halving to his numerous followers. He jokingly tweeted that the enigmatic Bitcoin founder Satoshi Nakamoto missed a big opportunity to set the halving day as April 20. This day is known as the weed day and more recently, as the Dogecoin Day, even though the iconic meme cryptocurrency was not released in April. Satoshi missed a big opportunity to have the halving on 4/20. — Pomp 🌪 (@APompliano) April 19, 2024 Thus,…
An astute early adopter of Ethereum, identified by the address 0x2ce, has recently executed substantial transactions, garnering considerable intrigue within the cryptocurrency sphere. According to a Spot On Chain X post, this influential holder transferred 4,153 ETH, valued at $12.2 million, to Coinbase at a rate of $2,931 per ETH. 3 hours ago, Early $ETH holder 0x2ce deposited 4,153 $ETH ($12.2M) to #Coinbase at $2,931.The whale withdrew 12,423 $ETH from #Poloneix at ~$11.03 ($137K) in 2016,And has deposited 9,436 $ETH to #Coinbase and #Luno at ~$2,245 ($21.2M) since 2021.Current holding: 2,566 $ETH… pic.twitter.com/ky5g0uy2n5 — Spot On Chain (@spotonchain) May 13,…
Kenya has been consulting with bitcoin mining company Marathon Digital Holdings to hear its thoughts on energy and its crypto regime. The African nation depends on renewable energy, which is seasonal and capital-intensive. Marathon Digital (MARA), one of the largest bitcoin mining companies, has held talks with Kenya to help manage the country’s renewable energy through mining and develop its crypto regime. “We’ve been working closely with the Kenyan government on how to optimize and monetize renewable energy assets,” Jayson Browder, vice president of government affairs at MARA, told CoinDesk in an interview. Kenya’s President William Ruto recently met up…
Amidst controversies regarding the identity of Bitcoin’s pseudonymous founder, Satoshi Nakamoto, 120-page email correspondence between Nakamoto and his earlier collaborator, Martti Malmi, shed light on the early days of Bitcoin creation. Recently, Chinese crypto journalist Colin Wu, on his official page known on X as Wu Blockchain, shared insights on the emails shared by Malmi earlier this year, initially produced as evidence against Craig Wright’s claim to be the original Bitcoin founder. Satoshi Nakamoto’s first collaborator, sophomore Martti Malmi, disclosed his emails with Satoshi. Satoshi mentioned that there is no need to promote “anonymity” and Bitcoin as an investment. Bitcoin…
Holders Might Turn Profitable As Ethereum’s MVRV Records Weekly Decline! What’s Next For ETH Price?
The crypto markets are currently in a range-bound state, with Bitcoin’s price facing challenges in overcoming bearish pressures and maintaining above key support levels. Additionally, Bitcoin’s market dominance is rising, showing that it continues to attract significant trader interest. Consequently, other altcoins, particularly Ethereum, are trading within a descending pattern, with concerns of further lows. However, the current dip might be profitable for traders as MVRV ratio records a weekly low, building up momentum for a rebound. Ethereum Triggers Profitable Buying Opportunity Over the last few hours, the crypto market has been surging as the price broke above the $63K…
Obligate decided to leverage Lisk L2’s network due to its high efficiency, speed and scalability secured by Ethereum (ETH), as Lisk is a part of the Optimism Superchain ecosystem. Swiss-regulated Obligate deploys on Lisk L2 Lisk, a high-performance L2 EVM solution and member of the Optimism Superchain, announces that Obligate, a Swiss-based on-chain capital markets platform renowned for its innovative blockchain-based financial services, will deploy an instance on its network. 🚀 Transition Initiated: Lisk Core v4.0.6 Released! 🚀Time has come, friends! We’ve just launched Lisk Core v4.0.6, introducing the shutdown-node plugin.🔒 This plugin will automatically shut down nodes after the…
Hedge Fund Veteran Mark Yusko Says Bitcoin FOMO Incoming As BTC Completes Halving – Here’s When
Morgan Creek Capital founder Mark Yusko thinks that we have not yet seen the FOMO (fear of missing out) phase grip Bitcoin (BTC) market participants. Speaking at the Bitcoin Investor Day, the hedge fund veteran says that Bitcoin’s latest halving kicked up BTC’s fair value from $50,000 to about $80,000. According to Yusko, he sees sidelined traders and investors rushing in to load up on Bitcoin once BTC rallies toward its new fair value. “Fair value has doubled in each of the previous halving cycles. Now I don’t think it will double this time because now we have inscription fees…
Axelar seeks to address challenges in decentralized applications and protocols, Flipside’s new cross-chain report revealed. Despite the challenges facing cross-chain adoption, as only 13% of Ethereum Virtual Machine (EVM) addresses have transacted across chains, Axelar’s recent innovations could soon transform this sector. The key to Axelar’s appeal lies in its cornerstone features: the Interchain Token Service (ITS) and General Message Passing (GMP). The tools simplify developers’ process of building decentralized applications (dApps) that function across multiple blockchains, making Axelar a seamless framework for multichain applications. ITS automates the creation of tokens that work natively across supported EVM chains, eliminating the…