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.

‘Notcoin’ Token Won't Drop Alongside Bitcoin Halving—Here's Why

AltcoinsJun 11

The on-chain token mint for the viral Telegram-based game Notcoin was originally expected to take place on or around the same date as the Bitcoin halving, but that’s no longer the case. Notcoin representatives confirmed to Decrypt’s GG that the token launch, which will take place on The Open Network (TON), will no longer occur on April 20, the expected date when the Bitcoin halving will occur in the UTC time zone. The Bitcoin halving is the quadrennial event in which the amount of BTC earned by miners is cut in half, thus slowing the growth of the token supply.…

Modular AI Blockchain 0G Unveils Testnet Newton v2

BlockchainJun 11

Stanford, CA - Data availability network 0G has announced the release of Testnet Newton v2, a significant step forward in its mission to democratize AI services. This latest version introduces a suite of new features, stability improvements, and security enhancements, building upon the successes of the first iteration. — Testnet Newton v2 operates as a Cosmos-based proof-of-stake chain, designed to provide greater scalability and interoperability. The update introduces new modules for data availability services and committee systems, ensuring consistent high performance and reliability. These modules guarantee data accessibility, thereby significantly enhancing the network's efficiency and functionality. Other notable additions include…

3 projects that show the metaverse isn’t dead

MetaverseJun 11

While the buzz surrounding the metaverse has definitely died down, some big brands are still rolling out exciting new virtual worlds. Back in October 2021, Mark Zuckerberg made a huge announcement: Facebook was going to rebrand as Meta. This was driven by his vision that the metaverse represented the tech giant’s future — virtual worlds where people would work and play. But it’s been a turbulent journey for the social network, which also owns Instagram and WhatsApp. Billions upon billions of dollars have been poured into building its metaverse, with little to show for it. That aggressive investment continues. Reality…

Bitcoin trader marks ideal and highest risk entry points to BTC right now

BitcoinJun 11

Bitcoin (BTC) has traded in a tighter price range in the past 18 days, marking key support and resistance levels. These key levels make for ideal and high-risk entry points in Bitcoin, respectively, as the leading cryptocurrency decides its direction. In a post on X, the prominent Bitcoin and crypto trader who goes by Credible Crypto warns of impending volatility. According to him, BTC is currently at a high-risk entry point, trading near the range’s resistance level. Thus presenting a short-term retracement possibility, targeting the range lows, which corresponds to an ideal entry point at price support. Moreover, Credible Crypto…

Squads Labs Raises $10M Series A, Unveils Smart Wallet for Public Testing on iOS

RegulationJun 11

The new wallet, Fuse, is designed to eliminate the need to remember seed phrases, instead using wallet recovery and 2FA capabilities. Squads already offers a Solana-based wallet for businesses, which has secured over $10 billion in value. Technology company Squads Labs, which aims to help businesses transact in and manage digital assets, raised $10 million in Series A funding led by Electric Capital. The funding round included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder, Squads Labs said in an email on Monday. Squads has also unveiled a smart wallet aimed at individuals for public testing on iOS. The…

A Guide to AI Tokens and Coins

AltcoinsJun 11

Key Takeaways The intersection of AI and blockchains has created amazing opportunities for investors willing to take risks. While many projects are doomed to fail, a handful of established players are in the AI/blockchain space. The potential for AI blockchains seems high, but so is the risk. If you venture into the space, do so with caution and reasonable expectations. The rapid rise of AI has surprised modern society. Advances and improvements are coming at breakneck speeds. In traditional markets, the increase in demand for AI-adjacent technologies has also influenced the fortunes of tech companies like NVIDIA. Accordingly, we are…

Keyrock Trading Joins Pyth Network as New Data Provider

BlockchainJun 11

Today, the Pyth Network welcomes Keyrock to its data provider community, enhancing the oracle network's capabilities for powering hundreds of DeFi applications across more than 60 blockchains. — Keyrock, a leading algorithmic trading and market-making firm for digital assets, has been at the forefront of pricing assets and scaling liquidity since 2017. Their extensive experience and technical expertise will bolster Pyth’s Price Feeds offering, ensuring a more secure and efficient DeFi ecosystem. Expanding On-Chain Participation In this partnership, Keyrock will contribute proprietary market data for cryptocurrencies, foreign exchange pairs, commodities, and US equities to the Pyth oracle. The Pyth Network…

Nigerian Interest in Crypto Persists Despite Crackdown; Meme Coins Prevail in Country’s North

RegulationJun 11

In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant attention. A Nigerian lawyer has called on authorities to implement cryptocurrency regulations if they aim to have an impact on the industry. USDT Favored in States With Underdeveloped Banking Infrastructure Nigeria’s interest in cryptocurrencies has remained robust despite the ongoing crackdown on digital asset exchange platforms, with bitcoin and meme coins like dogecoin dominating in various regions. According to a Nairametrics report, interest in dogecoin is more prevalent in Nigeria’s…

Will Ethena Survive Funding Rate Challenges?

AltcoinsJun 11

Ki Young Ju, an On-chain analyst, recently posted insights on X platform regarding the stability of Ethena’s synthetic dollar protocol, USDe. According to Ki Young Ju’s analysis, the protocol’s reserve fund appears capable of weathering challenges akin to the 2022 FTX/LUNA scenario, as long as its market cap remains below $3 billion. $USDe stress test: Their reserve fund can handle prolonged negative funding rates like in 2022's FTX/LUNA scenario as long as its market cap stays below $3B (currently $2.4B). The protocol is robust if sufficient reserve funds relative to its market cap. pic.twitter.com/dQLZOqo2o5 — Ki Young Ju (@ki_young_ju) April…

XRP to be Covered Under MiCA, But There’s a Catch

LegalJun 11

SMQKE, crypto researcher and XRP community figure, shares what he believes is evidence that XRP will come under the purview of the upcoming MiCA regulation. The pundit first presented his argument last month, citing information from two different research papers. One of the papers was a report from the Banque de France (Bank of France), the French central bank, in April. The report focused on CBDCs and crypto assets, specifically discussing the tokenization of finance and digitization of the economy. MiCA Covers Utility Tokens Notably, the research paper spotlighted the Markets in Crypto-Assets (MiCA) regulation as an integral part of…