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.

Charles Hoskinson Celebrates Cardano's (ADA) Insane Blockchain Performance

AltcoinsJun 11

Cardano, renowned for its innovative Extended Unspent Transaction Output (EUTXO) model, has once again demonstrated its technical prowess in the cryptocurrency space. Following the implementation of the Alonzo upgrade, which introduced support for multi-assets and smart contracts. One recent milestone exemplifies Cardano's capabilities: the processing of eight transactions within a single block, serving a substantial 1,600 recipients. What is noteworthy is the cost-effectiveness of this achievement, with the commission for these transactions totaling a modest 5.16 ADA, equivalent to $2.38. The beauty of Cardano 1 block 8 TX 1600 unique recipients Total Fees ....... 5.16 ADA or 2.38$ pic.twitter.com/yH5gxKrOQL —…

Most Important Bitcoin (BTC) Chart Made All-Time High, Here's What It Means

BitcoinJun 11

A major turning point for the cryptocurrency market was recently reached by Bitcoin, which reached an all-time high on one of its most important charts. In order to highlight the macroeconomic factors driving Bitcoin's current bull run, the chart in question shows the relationship between global liquidity (M2) and the price of the cryptocurrency. At the moment, Bitcoin is trading at roughly $70,868 - clearly on the rise. A strong bullish trend is evident in the chart, which shows a sequence of higher highs and lows. Moving averages are among the key technical indicators that point to further upward pressure.…

Is dYdX Ready for the Challenges of 3rd-generation DDEXs Led by MYX?

DeFiJun 11

Many consider dYdX as one of the most successful Perp DEXs, and surely it is. However, it’s being challenged more and more frequently than before. DeFi world is seeing technological iterations every day, and no project can rest on its first-mover advantages. Innovative latecomer derivatives trading platforms such as GMX, MYX, Hyperliquid and others, are making every effort to draw closer to dYdX. The dYdX redemption dYdX is a charming and reliable project. Founded in 2017, it utilizes the traditional central-limit order book and matching engine to facilitate trades on a decentralized smart contract protocol. As the “elder brother” in…

69% of Pepe (PEPE) Holders Return to Profit as Major Price Move Awaits

AltcoinsJun 11

Pepe (PEPE), the frog-themed cryptocurrency, has emerged as a noteworthy player on the crypto market, with recent data indicating that more than half of its holders are currently profitable. According to IntoTheBlock data, 69% of PEPE holders are profiting, or "in the money." As analysts closely watch PEPE's performance, the anticipation of a major price move is palpable, with speculation that PEPE may shed a zero to hit new resistance levels. Such projections add to the market's enthusiasm, as investors and fans alike debate the coin's price trajectory. 69% of $PEPE holders are currently in profit🐸 🔗https://t.co/aWPZ6HVKkC pic.twitter.com/gQ6uORt1dq — IntoTheBlock…

Bitcoin (BTC) Faces Price Correction as Major Sell Signal Emerges

BitcoinJun 11

Bitcoin (BTC) has experienced significant price movement in recent trading sessions, raising both optimism and caution among investors. However, renowned crypto analyst Ali Martinez recently highlighted a potential BTC price correction. He tweeted that the TD Sequential is giving a sell signal on the Bitcoin hourly chart. He anticipated a one-to-four-hour candlestick price correction. Despite this sell signal, Bitcoin remains on a bullish trajectory. According to the latest data, BTC has traded at $70,856, marking a 3.26% increase in the past 24 hours. This upward movement is accompanied by a surge in trading activity, with the 24-hour trading volume up…

Lido Introduces 'Restaking Vaults' in Collaboration with Symbiotic, Mellow Finance

DeFiJun 11

Lido, the Ethereum staking stalwart, has recently been grappling with the frenzy around "restaking," a new trend that threatens to erode the staking platform's grip on decentralized finance (DeFi). Lido is controlled by the Lido DAO, a consortium of LDO token-holders who vote on protocol strategy and key upgrades. A new initiative from the DAO will see Lido's partnering with Mellow Finance, a platform that lets users generate yield by depositing into restaking "vaults," and Symbiotic, a permissionless restaking protocol. Under the new initiative, traders will gain access to restaking tools that could help return Lido stETH to center stage.…

Here’s why Sui price is surging?

AltcoinsJun 11

Sui price rose more than 11% as Bitcoin and Ethereum declined below key levels. SUI gains after ByteDance subsidiary BytePlus chose to enter Web3 via the Sui blockchain. Sui (SUI) traded higher today despite a broader crypto market downturn that saw Bitcoin dip below $61k and Ethereum fall below $3,000. While Sui price remains below the recent peak above $2.17, its surge to $1.27 in the past 24 hours represents gains of more than 11% and better than most altcoins in the top 100 by market cap. Why is SUI price up as altcoins dip? On April 17, the Sui…

Application-specific blockchains are the future of decentralization

BlockchainJun 11

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Blockchain is a cutting-edge technology in today’s digital world. It secures online ledgers for cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) across industries. Its global market is projected to soar from $5.88 billion in 2021 to $1,314.03 billion by 2030 at an 82.4% compound annual growth rate (CAGR). Blockchain technology market size | Source: Straits Research Enter application-specific blockchains. These platforms excel in performance, scalability, security, cost-efficiency, and governance compared to general-purpose applications, shaping the future of…

Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold

BitcoinJun 11

Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading cryptocurrency must reach $84,740 per coin to match silver’s current $1.67 trillion valuation. Bitcoin Is Now in 9th Place Among the World’s Largest Assets Bitcoin (BTC) has successfully regained a position above $70,000, placing it as the ninth-largest asset by market capitalization. Currently, its market cap surpasses Meta’s (formerly Facebook) $1.2 trillion valuation and Berkshire Hathaway’s $887.57 billion market cap. Silver, however, has seen a substantial increase in…

“Roaring Kitty” Keith Gill’s Influence May Extend Beyond Meme Stocks to ETFs

RegulationJun 11

American financial analyst and investor Keith Gill, also known as “Roaring Kitty,” is the ideal candidate to launch an Exchange-Traded Fund (ETF) based on meme cryptocurrencies or meme stocks, according to Nate Geraci, President of the ETF Store. In an X post, Geraci noted that Gill possesses all the requisite qualities of an ETF issuer. Gill actively manages and holds targeted meme stocks, has demonstrated a strong grasp of marketing strategy, and commands a large audience through his live streams. Roaring Kitty should launch ETF… Actively managed & holds his targeted meme stocks. Already has marketing figured out (apparently SEC…