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.

RWA Inc., a bridge between Web3 and real-world assets, has recently commenced a new partnership. As per the announcement, the platform has collaborated with Plume Network, the prominent modular layer-2 for real-world assets, to improve functionality and scalability. As a result of this development, the real-world assets on the platform will see enhanced operations to facilitate the community. 📢Partnership News@RWA_inc_ announces exciting new partnership with leading L2 ecosystem @plumenetworkThis partnership improves the scalability and functionality of the #RWA community L2 networks help reduce congestion and add functionality to #blockchains.Integrating… pic.twitter.com/7YArFRzjJP — RWA Inc. (@RWA_Inc_) April 29, 2024 RWA Inc. Joins…

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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Introduction: The Bitcoin Volatility Premium AMC, an innovative investment product, has quickly become the largest actively managed bitcoin-only financial product in Europe and the second largest globally. Despite this achievement, to date this bitcoin-only AMC has flown under the radar and has received no media coverage to date until now. What makes this investment product offering particularly interesting is its dramatic…

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Long before Bitcoin, Ethereum, or DAOs, the U.S. banking industry had its own form of decentralized governance: the dual-banking system. Under this system, banks can be chartered and, with some important caveats, supervised at either the state or the federal level. When U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced their stablecoin regulation bill on April 17, the legislators emphasized that the bill seeks to “preserve our dual banking system.” But while the senators deserve credit for pursuing this goal, the Lummis-Gillibrand stablecoin bill falls short by subordinating state regulation to federal control. Jack Solowey is a Policy…

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Bitcoin miners play a crucial role in maintaining the network’s security and functionality by verifying transactions and adding them to the blockchain. However, recent data suggests that these critical contributors are facing significant financial challenges. Julio Moreno, Head of Research at CryptoQuant, has highlighted a concerning trend: Bitcoin miners’ daily revenues have dropped to their lowest levels since November 2022, marking a troubling period for those dependent on mining rewards. According to Moreno, the miner profit/loss sustainability index has hit its lowest point since June 2021. This index measures the balance between the block rewards received by miners and the…

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AltLayer, a decentralized protocol that uses ZK technology to launch restaked and native rollups, has started a collaboration with Polyhedra. As per it, the partnership takes into account the integration of the zkBridge features of Polyhedra to enrich the secure and trustless cross-chain interoperability. In its recent post on X, the platform disclosed that AltLayer will work in the form of a node operator. Good News! AltLayer’s rollups will be integrated with @PolyhedraZK’s zkBridge features – enriching trustless & secure cross-chain interoperability across 30+ L1/ L2 networks, & enabling devs to build more sophisticated dApps 🚀https://t.co/BcnLK30nUx pic.twitter.com/NlpPEcYCZ1 — AltLayer (@alt_layer)…

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April has become a challenging month for Bitcoin, with the cryptocurrency sliding below its immediate support levels and nearing its weekly lows. The combination of macroeconomic and geopolitical issues has intensified the struggles for Bitcoin bulls throughout the month. Nonetheless, amidst these bearish conditions, a key indicator to monitor is the Short-Term Holder (STH) Realized Price. This metric points to a potential prime buying opportunity in anticipation of a bullish reversal. Bitcoin’s STH-Realized Price Flashes Buying Opportunity Over the last 24 hours, the crypto market is witnessing heavy long liquidation as the total liquidation amount nears $120 million. Both Bitcoin…

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Despite XRP underperforming the broader crypto market, its trajectory over the past year indicates that it remains a more favorable investment option compared to leaving money in a savings account. Over the past day, XRP registered a 1.36% loss. However, this negative growth is not unique to XRP, as many other rivals witnessed a similar percentage decline. Yet, zooming out to a three-month timeframe reveals that XRP has remained stagnant, showing barely 1% growth. Conversely, Bitcoin, Ethereum, BNB, Solana, and Dogecoin have all surged by over 50% within the last 90 days. This lackluster performance form XRP compared to its…

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Alliance Resources says it has mined 425 BTC with excess power at its facility The company is the latest publicly listed entity to have bitcoin on its balance sheet NASDAQ-listed coal miner Alliance Resource Partners (ARLP) said in an earnings call that it has mined $30 million in bitcoin (BTC) using excess power at its facilities. “In the second half of 2020, we started mining bitcoin as a pilot project to monetize the already paid-for yet underutilized electricity load at our River View mine,” Cary Marshall, the firm’s chief financial officer, said during an earnings call. Marshall said that at…

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Siddharth Lalwani is on a mission to redefine the blockchain ecosystem with Skate, a universal application layer integrated with EigenLayer that enables apps to run seamlessly across thousands of chains with a single, unified state. As the Co-Founder and CEO of Range Protocol, the company behind Skate, Siddharth brings deep expertise in web3 infrastructure and DeFi from his experience at leading firms like Altonomy, Point72, Bybit, Certik, and Citigroup.In this exclusive interview, Siddharth shares his vision for solving the challenges of application fragmentation and liquidity silos that plague the current multi-chain landscape. He explains how Skate’s innovative approach of embedding…

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All Bitcoin-based projects from Animoca Brands will onboard Runes-powered Opal Protocol, confirms the team. Initially, 6 subsidiary companies will join the Web3 gaming ecosystem on Bitcoin as Genesis members. Animoca Brands, the Hong Kong-based giant in web3 gaming and metaverse investments, is advancing its plan to construct an ‘open metaverse’ within the Bitcoin ecosystem by partnering with the Runes-powered Opal Protocol. The protocol’s list of “genesis members” features six portfolio companies of Animoca Brands, namely, Life Beyond, Open Campus, Enjin Starter, Helika, Pixelynx, and Azarus. Moreover, Solana-based NFT marketplace MagicEden, ApeCoin ecosystem developer Horizen Labs, Metaverse Tech firm Darewise, Bitcoin…

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