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.

Mysterious Whale Sends Millions of XRP to Bitstamp, Stirring XRP Army

AltcoinsJun 12

Cryptocurrency tracker Whale Alert has detected a massive lump of XRP coins transferred to one of the leading crypto exchanges, Bitstamp. This transfer made ripples within the Ripple community as many commentators shared their takes under the tweet as to the nature of this transaction. Millions of XRP on move, sender unveiled The aforesaid data source shared that, approximately 15 hours ago, an anonymous whale transferred a total of 28,940,000 Ripple-affiliated XRP coins. The destination was major cryptocurrency trading platform Bitstamp. This amount of cryptocurrency is evaluated at $14,229,498. The XRP army started a heated discussion about the possible seller…

Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March

BitcoinJun 12

U.S.-listed spot bitcoin ETFs saw over $880 million in inflows on Tuesday, led by Fidelity's FBTC. Bitcoin rose over $71,000 in Asian trading hours, adding 3% in the past 24 hours, with the CoinDesk 20 index rising 2.65%. U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETF) saw over $880 million in inflows on Tuesday led by Fidelity, provisional data released on Wednesday shows. Bitcoin rose over $71,000 in Asian trading hours as the data went public, adding 3% in the past 24 hours. The broad-based CoinDesk 20 (CD20), an index of the largest tokens, rose 2.65% Fidelity’s FBTC took on $378…

ArbitrumDAO Discusses Reputation NFTs, Here Are Criteria

NFTJun 12

A new proposal has already raised much controversy in the cryptocurrency community. Crypto Twitter is discussing whether Arbitrum's (ARB) Reputation NFTs can be used for claiming retroactive airdrops in the future. ArbitrumDAO introduces Reputation NFTs: Here's how they work The Reputation NFT system might go live on Arbitrum (ARB) soon, as TogetherCrew analysts received a corresponding grant from ArbitrumDAO. This statement was shared on Arbitrum's main community forum by Daniel Ospina of RnDAO. join us :) I'll share some of the ways we approach this in @RnDAO__ and also the Dynamic Reputation NFTs we're working on at @together_crew (in partnership…

Gear Up for SpaceCatch Public Beta Launches April 22

AltcoinsJun 12

Dive into SpaceCatch’s cosmic adventure and become the hero Earth needs to defend against an alien invasion. Blending advanced technology with an engaging storyline, this thrilling game invites you to join its Public Beta Launch on April 22. SpaceCatch offers a unique experience where every decision you make directly influences the game’s outcome. By teaming up with friends and exploring new galaxies, you have the opportunity to become the ultimate defender against extraterrestrial threats. With the fate of the planet hanging in the balance, your actions are crucial. Embark on this epic journey, rising to the challenge of safeguarding Earth.…

Ethereum Name Service tops NFT charts sales with over US$4.27 million

NFTJun 12

The Ethereum Name Service (ENS) led CryptoSlam’s non-fungible token (NFT) market Monday with over US$4.27 million in sales. ENS is not directly categorized as an NFT collection but uses NFT technology. ENS is a decentralized domain name protocol on the Ethereum blockchain that allows users to convert Ethereum addresses into human-readable formats. This means that when you register an ENS domain, you receive a unique NFT that corresponds to your domain name, which can be transferred or sold just like any other NFT. The second-ranking collection for the day was the $PIZZA BRC-20 NFTs, which recorded sales of US$2.18 million.…

Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain

AltcoinsJun 12

Worldcoin, the crypto startup from OpenAI founder Sam Altman, is launching a layer-2 Ethereum blockchain. The blockchain will be based on Optimism's OP stack blockchain-building framework to offer users cheaper fees and faster speeds. The chain is designed to prioritize verified humans over AI bots and trading algorithms. Users who authenticate themselves via Worldcoin's retina-scanning "orb" device will get special treatment. OpenAI founder Sam Altman's retina-scanning crypto startup, Worldcoin, is getting its own blockchain. World Chain, a layer-2 network on Ethereum slated for a release this summer, will grant special treatment to users who scan their eyeballs in exchange for…

Digital Holdings Group’s Pioneering Technologies Transform Bitcoin Mining

MiningJun 12

In the rapidly evolving world of cryptocurrency, efficiency and innovation are paramount. Digital Holdings Group (DHG) has positioned itself as a leader in this competitive industry by revolutionizing Bitcoin mining through cutting-edge technological advancements. Over the past year, the landscape of Bitcoin mining has been markedly reshaped by DHG’s introduction of proprietary software solutions that boost operational effectiveness and yield. Bitcoin mining, the process by which new bitcoins are entered into circulation and transactions are confirmed in the network, requires substantial computational power and energy. Traditionally, this process has been both energy-intensive and costly, presenting significant barriers to entry and…

Bitcoin ETFs Garner $886 Million as Hash Ribbons Indicator Hints Bullish Signal

BitcoinJun 12

On Tuesday, US spot Bitcoin exchange-traded funds (ETFs) recorded significant inflows, totaling a remarkable $886.6 million. This influx marks the second-best day for joint net inflows into US spot Bitcoin ETFs. With these elements at play, crypto analysts and community members consider a bullish market outlook for Bitcoin. Bitcoin Surges to $71,200 Leading the pack, the Fidelity Wise Origin Bitcoin Fund (FBTC) saw an inflow of $378.7 million. Not far behind, BlackRock’s iShares Bitcoin Trust (IBIT) added $274.4 million. Additionally, the ARK 21Shares Bitcoin ETF (ARKB) reported strong gains, securing $138.7 million in net inflows. Meanwhile, Bitcoin’s price soared to…

Terra Luna community voting on key proposal to counter p2p spams

AltcoinsJun 12

The Terra Luna Classic (LUNC) community is voting on a vital proposal to counter risks related to peer-to-peer attacks on the blockchain. New #LUNC proposal by @Genuine__Labs Proposal to decrease MaxBlockSize from 5mb to 2mb to avoid peer-to-peer spams pic.twitter.com/PhobbSb5Pr — 🌕 LunaClassicLabs.com – 0% Fee LUNC Validator (@LunaClassicLabs) April 16, 2024 Terra developers observed possible dangers in Solana, Polkadot, and Cosmos ecosystems and advised measures to alleviate the effect of such spam on the LUNC chain. Terra Luna Classic block reduction proposal Core developer Genuine Labs introduced a vital proposal to slash the Terra Luna Classic block size to…

‘Time To Move’ for Bitcoin Approaching, Says On-Chain Analyst – Here’s His Outlook

BitcoinJun 11

A widely followed on-chain analyst thinks that a big price move is incoming for Bitcoin (BTC) following months of consolidation. Pseudonymous analyst Checkmate tells his 91,900 followers on the social media platform X that a key on-chain metric for Bitcoin suggests it’s almost time for BTC to escape its consolidation phase. According to the analyst, BTC’s sell-side risk ratio for short-term holders is rapidly declining, indicating that sellers are losing ammunition. Checkmate notes that he’s looking at the short-term holder cohort or entities that have been holding BTC for less than 155 days because they are the ones driving near-term…