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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.

NFT

Punks sink into 20 ETH price zone: Are NFTs dead?

By NBTC

Who remembers NFT in 2024? Maybe some Pudgy Penguin owners that also received ZK tokens. Others may have moved on to ordinals, hoping to start at the ground floor with a brand-new valuable collection. Older NFT, though, are not doing so well and are seeking ways to survive. At the peak of the NFT bull cycle in 2021, Punks reached a price floor of $500K. NFT minting was an anything-goes market, where it was the norm to sell whole collections in minutes, even before unveiling the images and the information about rare traits. Also Read: What is NFT Crypto: The…

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Altcoins

Charge2Earn dApp by VeChain, in Partnership with Tesla, Now Live and Ready to Reward You for Sustainability

By NBTC

VeChain has launched the innovative Charge2Earn application in collaboration with Tesla, offering rewards for sustainable driving practices. The Charge2Earn dApp allows Tesla owners to earn rewards by tracking their vehicle’s energy consumption and distance traveled. EVearn, developed in partnership with VeChain, is now live, offering a sophisticated platform where going green earns rewards. VeChain encourages its community to make eco-friendly choices, rewarding each sustainable action. This initiative aligns with VeChain’s objectives, as highlighted in previous CNF updates such as VeChain’s Ascendancy: Innovations and Ecosystem Expansion Propel Growth. Tesla owners are in for a treat, as detailed in a recent CNF…

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Legal

Ripple CEO Brad Garlinghouse Advocates for Crypto-Friendly Candidates in 2024 Elections

By NBTC

Since 2023, the crypto industry has contributed $150 million in political donations to support pro-crypto governance. This influx of funding aims to influence policy and regulation in favor of cryptocurrencies. Ripple CEO Brad Garlinghouse recently stirred conversations by suggesting that candidates supporting crypto could attract substantial funding in the upcoming months. His remarks highlight the growing dominance of crypto donations in the US prudential elections in 2024. While Donald Trump used crypto donations as a political tool to win the elections, other candidates kept a low stance on crypto. You’ll hear this a lot more in the next few months…

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Mining

CleanSpark Adds 60MW to Its Bitcoin Mining Arsenal

By NBTC

CleanSpark, a Bitcoin mining company, today announced that it has closed on a previously announced acquisition of 5 turnkey Bitcoin mining facilities in Georgia, with a combined total capacity of 50MW. This $25.8 million buyout looks to allow the company to expand its mining operations in a big way, with the transaction closing soon. Its integration of these facilities is expected to greatly improve CleanSpark’s current hashrate capacity to an even higher range of over 3.7 exahashes per second (EH/s) once the most recent S21 pro miners are fully integrated. It is part of CleanSpark’s broader initiative to expand their…

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Bitcoin

Good News for Bitcoin from Glassnode! Is New ATH Near?

By NBTC

Bitcoin, which exceeded its previous ATH in March and recorded a new ATH, subsequently encountered a great selling pressure and could not continue its upward momentum in the following months. While the selling pressure on BTC has decreased after the declines in April, the price continues to consolidate within a certain range. At this point, while investors were wondering whether there was a danger of another decline, a positive report came from Glassnode. According to the Glassnode report, the selling pressure on the price of long-term Bitcoin holders has decreased significantly and these investors have started to accumulate BTC again.…

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Altcoins

Pundit Identifies Four Factors That Can Propel Cardano to $3

By NBTC

Amid recent struggles for Cardano, a notable analyst identifies four key developments that could drive ADA up by 600% to $3 this year. Cardano (ADA) has underperformed in the bull market in recent weeks, struggling to rise above the psychological $0.50 level. The ongoing market downturn has worsened ADA’s position, pushing it dangerously close to falling below $0.40. Despite ADA’s continuous retreat from the $1 mark, there remains optimism about its prospects for the remainder of the year. Sebastian, a notable analyst, recently expressed confidence that ADA could reach $3 this year. Notably, $3 is approximately Cardano’s all-time high, which…

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Legal

Idaho GOP Firm on Bitcoin Policy Resists CBDC Creation Push!

By NBTC

Key Points: The Idaho Republican Party commits to advancing Bitcoin policy within the state. Firm stance against developing a Central Bank Digital Currency (CBDC). The party’s positions reflect broader debates on digital currency regulation and innovation. The Idaho Republican Party passed an official resolution on digital currency, proclaiming itself proactive toward Bitcoin policy and enhancing its dissolved relationship with a central bank digital currency. The resolution showcases the party’s struggles to lead financial policies in line with its values and priorities. The Idaho Republican Party must endeavour to create a regulatory climate that will foster the adoption of these kinds…

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GameFi

How to Earn Millions of Free Coins in the Pixelverse Telegram Game

By NBTC

Telegram games that let you earn a share of an upcoming token airdrop are super hot right now, and one of the rising games in the wake of Notcoin and Hamster Kombat is PixelTap, a robot combat game from Pixelverse. From a mini app within the Telegram messaging platform, players can accumulate in-game coins and then take their robot pets into combat. Billed as a “tap-to-earn” game, PixelTap is gaining steam ahead of the project’s PIXFI token launch, which is expected to be airdropped to players much like NOT was to Notcoin users. It pays to play regularly, and you…

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Legal

Major UK Political Parties Have ‘Missed Opportunity’ on Crypto, Experts Say

By NBTC

Crypto is a key battle ground in the U.S. presidential election. But as the UK general election heats up, no major political party has taken a stance on the industry. Last week, the two major political parties in the UK published manifestos outlining their vision of the future. Across the combined 222 pages, there was not a single mention of crypto, blockchain, or CBDCs. In fact, broadening the search to include the three largest alternative UK political parties there is only one mention of these terms—Reform UK pledging to oppose the creation of CBDCs. “The absence of clear [crypto] guidelines…

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Altcoins

Four Key Points of Praise

By NBTC

The Shiba Inu ecosystem team celebrates SHIB’s recognition by the prestigious global business magazine Forbes. Forbes Recognizes Shiba Inu’s Achievements For context, Forbes dedicated a segment of the June 11 article to praising Shiba Inu for its achievements in crypto and traditional finance. “All hail Shiba Inu, cutest of all the doges!” the opening sentence of the segment read. The top media outlet stated that when it comes to memecoins, Shiba Inu is not just a token with a “pretty face” but one demonstrating how meme-based cryptocurrencies are developing real utility. Shiba Inu Team Reacts, Summarizes Forbes Article Into 4…

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