Author: NBTC

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.

Shytoshi Kusama Addresses SHIB Army With Enigmatic Tweet: Details

AltcoinsJun 15

The mysterious Shiba Inu leader Shytoshi Kusama who took over as a leader after Ryoshi disappeared has published a tweet after a ten days’ break. His message to the SHIB army has an enigmatic feel to it as he shared the only thing he shares with the SHIB army. "There is one thing we all share": Shytoshi Kusama Kusama has not been using the X social media platform often lately. The previous tweet was published two weeks ago. Several hours ago, the mysterious SHIB lead philosophically revealed something he shares with the SHIB army – “the beauty of the moon.”…

Bybit’s zkSync Listing Ignites Community Outcry Over Ticker Controversy

ExchangesJun 15

Bybit’s listing of zkSync faces backlash for reassigning ‘ZK’ ticker from Polyhedra Network. Crypto community criticizes Bybit, citing branding rights violations and unethical practices. Bybit’s decision raises concerns about trust and reputation in the cryptocurrency market. Bybit, a renowned cryptocurrency exchange platform, announced its decision to list zkSync on its trading platform. This announcement, however, has not been met with universal acclaim. Instead, it has sparked a wave of criticism from thousands of users and industry stakeholders. Bybit's announcement of listing ZKsync has attracted thousands of criticisms. OKX CEO Star asked why so many people blamed ZKsync. Justin Sun asked…

Bitcoin Enters Dreaded ‘Chop Season’ – What Does This Mean For Price?

BitcoinJun 15

Crypto analyst ShardiB recently revealed that Bitcoin has entered ‘chop season.’ This is significant as it could be a while before the flagship crypto finally archives that breakout, which will send it to new all-time highs (ATHs). How The Chop Season Will Affect Bitcoin’s Price While revealing that Bitcoin was about to enter the chop season, Shardi B hinted that the season would be filled with more sideways movement for the flagship crypto. The analyst made reference to the fact that BTC has continued to attempt to break out of its current range but has failed on every attempt so…

Coinbase Witnesses Largest Ethereum Outflow of the Year, Surpassing $1 Billion

EthereumJun 15

Coinbase saw the largest Ethereum outflow of the year, totaling over 336,000 ETH, worth more than $1 billion on June 12th. This marks the fifth instance in 2024 where over 150,000 ETH has been pulled from the crypto exchange in a single day. It is still unknown as to who is behind such a massive transfer of funds. Coinbase’s Historic $1B Worth Ethereum Outflow According to the latest findings by CryptoQuant, the magnitude of these transactions ranges from $400 million to $1.1 billion, suggesting that they are unlikely driven by individual investors. Instead, these movements are probably orchestrated by whales…

ZKsync Scam Hashtag Is Trending Amid Community Outrage

AltcoinsJun 15

The cryptocurrency community is in turmoil following Matter Labs’ announcement of the first ZKsync airdrop, scheduled for June 17. The airdrop will allocate 17.5% of ZKsync’s native token. However, excluding key participants and the distribution strategy has attracted significant backlash. ZKsync Airdrop Sparks Community Outrage Community members are dissatisfied with the ZKsync airdrop’s allocation and eligibility criteria. The controversy has prompted many to advise other network users to withdraw their funds and transition to alternative Layer 2 solutions like Arbitrum. Critics argue that the crypto airdrop process lacks transparency and fairness, especially after crypto exchange Bybit announced it would list…

OKX Wallet Integrates with Sablier for Enhanced Money Streaming and Token Distribution

ExchangesJun 15

OKX Wallet integrates with Sablier for real-time crypto payments via Ethereum smart contracts. Sablier facilitates by-the-second payments for ERC-20 assets, enhancing OKX’s Web3 ecosystem. OKX offers a comprehensive suite including a DEX, NFT marketplace, and Web3 DeFi platform. OKX has announced integration between its Web3 wallet and Sablier, an infrastructure designed for money streaming and token distribution. This development enables the OKX Web3 community to access Sablier’s advanced solutions and features directly through a web extension. Flash News: OKX Wallet Now Integrated with Sablier https://t.co/5QKxROANEL — CrazyforCrypto (@MaryJ89167299) June 15, 2024 Sablier, a protocol built with Ethereum smart contracts, facilitates…

Oklahoma Governor Signs Bill Exempting Sales Tax for Bitcoin Mining

MiningJun 15

The Oklahoma Governor signed a bill exempting particular taxes for bitcoin mining. America has expressed its aim to become a leading nation within the BTC mining sector. The Governor of the USA state, Oklahoma signed a crypto bill that exempts Bitcoin miners from electricity sales tax. This bill is the state’s step toward advancing self-governance in the cryptocurrency sector. Notably, the signing has made Oklahoma the first state in the nation to advance in crypto and bitcoin mining. The Bill ‘HB1600’ grants Oklahoma the status of having the most effective power rate in the country. Oklahoma Governor Kevin Stitt’s signing…

What to Expect in Bitcoin and Altcoins in June? What Kind of a Month Will It Be? Here are the Opinions

BitcoinJun 15

With the official start of summer, analysts say Bitcoin, the world's largest cryptocurrency, may experience a stagnant period in June. Bitcoin rose 13% in May, its eighth monthly gain in nine months and its best month since February, when it rose 44%, according to Coin Metrics. This increase can be attributed to last week's ETH-led rally, which occurred before the SEC approved a rule change allowing Ethereum ETFs in the US. This led to a 20% increase in ETH in two days. Aspiring holders of ETH ETFs are now required to fill out S-1 registration forms for individual funds. With…

More Downside Risks in Sight

EthereumJun 15

Ethereum price failed to clear the $3,650 resistance. ETH declined again after the Fed decision and now shows bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,580 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $3,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it stays below the $3,600 resistance zone. Ethereum Price Dips Again Ethereum price attempted a recovery wave above the $3,550 and $3,580 resistance levels. However, ETH…

Solana’s Road to ETF Approval: Key Factors

AltcoinsJun 15

The discussion about which altcoin might next secure exchange-traded funds (ETFs) approval has intensified. Among the candidates, Solana (SOL) stands out, given its significant market presence and strong following. Solana, the fifth largest cryptocurrency with a market cap exceeding $66 billion, is often referred to as an “Ethereum killer.” This reputation, along with its popularity, makes it a prime candidate for ETF approval. However, achieving this approval involves overcoming significant obstacles. Hurdles for Solana’s ETF Approval A primary challenge for Solana is the absence of a regulated futures contract market. Unlike Bitcoin and Ethereum, which have futures products listed on…