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.
Michael Saylor, founder and former CEO of MicroStrategy giant (and currently its chairman) has taken to the X social media network (previously known as Twitter) to share a key Bitcoin message with his audience. This is yet another his daily Bitcoin tweet accompanied by an AI-generated image but today he indeed posted a “key” BTC tweet. It says – “Bitcoin is the key.” #Bitcoin is the Key. pic.twitter.com/Rf8zP93iV2 — Michael Saylor⚡️ (@saylor) April 27, 2024 Many of his followers eagerly responded to that, providing supportive comments, and confirming that for them the world’s pioneer cryptocurrency is indeed the key to…
NodeMonkes surged to the top of the non-fungible token (NFT) market on Thursday with over US$1.62 million in sales. The sales spike on Thursday pushed NodeMonkes’ all-time sales volume to US$210.72 million, as it flipped $SATS BRC-20 NFTs to become the top Bitcoin collection. NodeMonkes also snapped a six-day streak of under US$1 million in sales after recording US$934,294 the day before, CryptoSlam data shows. The second-highest performing collection of the day is CryptoPunks, with a daily sales volume of US$1.33 million, a 488% leap from the day before. CryptoPunks’ all-time sales volume now stands at an impressive US$2.82 billion…
While a few whales are dumping ETH following its recent price decline, exchange supply data shows most investors are bullish. Hong Kong spot Bitcoin and Ethereum ETFs underperform issuers’ expectations on the first day of trading. Ethereum liquidations have exceeded those of Bitcoin. Ethereum (ETH) experienced a further decline on Tuesday following a disappointing first-day trading volume for Hong Kong’s spot Bitcoin and ETH ETFs. This comes off the back of increased long liquidations and mixed whale activity surrounding the top altcoin. Read more: Ethereum erases weekend gains as yearlong SEC investigation comes to light Daily digest market movers: Whale…
Coinbase, the premier US crypto exchange, surpassed Wall Street predictions significantly. It reported a net income of $1.18 billion, or $4.40 per share, in the first quarter of 2024. This remarkable achievement contrasts sharply with the prior year’s loss of $78.9 million, or 34 cents per share. Notably, this quarter marks the company’s first profit in two years, a milestone revealed in February. Coinbase Releases Q1 2024 Report The substantial net income includes a $650 million mark-to-market gain on crypto assets. This gain follows the adoption of updated accounting standards by Coinbase. The total revenue increased 72%, quarter-on-quarter, hitting $1.6…
Binance-Listed Altcoin Announces Investment from 7 Different Institutional Investors – Price Reacts
Biconomy (BICO) altcoin, the largest Account Abstraction provider in the web3 space, has secured strategic funding from leading web3 venture capitalists, according to its official statement. Jump Capital, Borderless Capital, Consensys Ventures, Taisu Ventures, Manifold Trading, Side Door Ventures and Blockchain Founders Fund participated in the financing round. Notable angel investors in the round include American entrepreneur and investor Balaji Srinivasan and Selini Capital founder Jordi Alexander. Aniket Jindal, co-founder of Biconomy, said in his statement about the development: “Successfully completing this significant investment round proves the power and promise of our vision to empower web3 developers to drive mass…
Ross Ulbricht is the founder of the ill-famed darkweb marketplace The Silk Road shut down in 2013 after running for two years under Ulbricht’s leadership. Having spent more than a decade in prison already, he has tweeted that now, the US authorities may deprive him of the connection to the crypto community – social media presence. Ulbricht announced that he may be deprived on his voice on social media soon. According to his tweet, the Bureau of Prisons is considering preventing prisoners from using any social media in the future even those who have accounts run by their close relatives.…
Today, two major cryptocurrency exchanges, MEXC and Indodax, are set to list a few interesting trading pairs. MEXC, established in 2018, is renowned for its high-performance technology and has over 10 million users in more than 170 countries. INDODAX, the largest digital asset marketplace in Indonesia, offers a wide range of coins and trading pairs to over 2 million users. It allows customers to buy digital assets with Indonesian Rupiah. Let’s see the major trading pairs going to be listed Today. 1. Trading Pairs To Be Listed in MEXC Today UDS/USDT, PEPEBOMB/USDT, FOMONET/USDT, and NEUROS/USDT are the four prime trading…
Yuga Labs, creators of the Bored Ape Yacht Club NFTs, have announced a groundbreaking partnership with Somnia, an emerging powerhouse in blockchain technology designed specifically for the metaverse. This collaboration aims to dramatically enhance the interoperability across the expansive digital realms of Yuga Labs’ Otherside. Yuga Labs and Somnia Will Optimize the Otherside Metaverse Somnia’s high-performance L1 blockchain and innovative omni-chain protocols support hundreds of millions of transactions per second, setting a new standard for connectivity within the metaverse and gaming ecosystems. By leveraging these technologies, Yuga Labs will provide its NFT holders, including those from the Bored Ape Yacht…
Bonello indicated that the current adverse swing in Bitcoin’s price would lead to a huge fall. In addition, the ex-Director of Grayscale expects ETF activity to skyrocket this year. Former Grayscale Investments director Phil Bonello has lately shook up the cryptocurrency world with a slew of comments and forecasts about Bitcoin’s future. Furthermore, he provided comments about the wider cryptocurrency industry. Bonello indicated that the current adverse swing in Bitcoin’s price would lead to a huge fall. Among the many important things that Bonello made in an X post was the possibility that Bitcoin may fall to $52,000. Concerns about…
NFTBank, an NFT portfolio management platform, has just released an improved version of its service, NFTBank V2. The platform has built a reputation for its accuracy in NFT valuation and profit and loss reporting. The release of NFTBank V2 aims to expand on this foundation by providing additional capabilities that enable monitoring of NFT purchases via various techniques, including minting, bulk buying, and transactions across main and secondary markets. These updates are important in a market where openness and accuracy in asset value are essential for investor trust and regulatory compliance. NFTBank V2 can connect to up to 3,000 wallets,…