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.

Week in Review – April 15 – April 21

AltcoinsJun 6

General Updates Neo welcomed two new Neo Core Developers: Anna Shaleva, Neo SPCC software engineer, and Vang1on7ang, LazyNode researcher. The core developer role requires members to participate actively and regularly in protocol development and includes deep involvement in technical and engineering decisions. Neo finalized the NEP-24 NFT Royalty Standard. NEP-24 is a global standard for retrieving royalty payment information for NFTs, facilitating payments across all NFT marketplaces in the Neo ecosystem. Quirky Soul College launched the third and final mint wave for QSC character NFTs. The final mint wave is not denominated in GAS; rather, each NFT will cost 50,000…

Brock Pierce Seeks to Return to Hong Kong Amid Efforts to Revive Crypto

LegalJun 6

Cryptocurrency investor Brock Pierce, co-founder of the stablecoin issuer Tether, hinted at a possible return to Hong Kong as the government intensifies its efforts to rejuvenate the crypto industry. Pierce, who also chairs the Bitcoin Foundation, remained enigmatic about his potential new venture and whether the city would be its permanent base. Describing the city as part of a “continued conversation,” Pierce suggested that significant developments might be on the horizon. Pierce’s Return Hong Kong “Big things may come from this,” he told the South China Morning Post after the Solowin and Sequire Asia Investor Summit in Hong Kong on…

Ripple Partners with Clear Junction for Instant GBP and EUR Payouts

ExchangesJun 6

Ripple partners with Clear Junction to enhance cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction’s FCA authorization and ISO 27001 certification ensure secure and compliant payment solutions. Ripple, a leader in enterprise blockchain and crypto solutions, has announced a strategic partnership with Clear Junction, the global frontrunner in cross-border payment solutions for regulated institutions. Unlocking a new era of cross-border payments! 💼 #Ripple and Clear Junction's strategic alliance promises instant GBP and EUR payouts for UK and EU customers. With Ripple's enterprise-grade blockchain solutions and Clear Junction's secure infrastructure, transactions are set to……

Bitcoin (BTC) Price to Jump Above $200,000 – Dan Tapiero Names Major Reason

BitcoinJun 6

Prominent global investor Dan Tapiero has published a bullish Bitcoin tweet, sharing his take on how BTC could easily surpass the $200,000 price level in the near future. An important macroeconomic factor is to play its role here, the expert believes. "Bitcoin vaults to $200,000+" Vocal investor and Bitcoin supporter Dan Tapiero, who is also co-founded of Gold Bullion International and 10T Holdings, has taken to the Twitter/X social media platform to share a major reason that he expects to drive Bitcoin above the $200k barrier. Most remarkable macro correlation break I've seen in some time. Suggests extreme concern about…

Ethereum options traders turn bullish following ETF approval, says Nansen analyst

EthereumJun 6

The approval of spot Ethereum (ETH) exchange-traded funds (ETF) in the US on May 23 made ETH options traders more bullish, according to Aurelie Barthere, Principal Research Analyst at Nansen. Despite failing to spark a significant spot market upside, the implied volatility of call and put options on ETH has decreased slightly since the approval. Year-to-date implied volatility of call and put options on ETH, 90-day plus expiry. Image: Nansen “Funding rates are neutral now, though the recent news about ETH ETF has led to ETH call prices jumping relative to put. So, options traders are now bullish ETH. ETH…

Vitalik Buterin Shared His Opinion On The Privacy-focused ZCash Project

AltcoinsJun 6

Ethereum founder Vitalik BUTERIN spoke about privacy-focused ZCash, offering a different approach to development funding. He envisioned a merger in which ZCash would remain “conservative in technology, insistent on privacy, and experimental on economics.” Buterin’s idea centers around off-chain-governed RPGF rounds, possibly integrating a yearly issuance or an anonymous voting system for decision-making. The concept utilizes decentralized governance principles. ZCash uses zk-SNARK technology to ensure the privacy of its users. This technology currently requires significant computing resources, limiting wallet support to computers rather than mobile devices. As for the timing of the availability of mobile wallets, they largely depend on…

How Biden’s Veto May Have Cost Him the 2024 Election

LegalJun 6

After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in SAB 121. Biden’s veto has generated significant animosity within the crypto community, leading to a widespread belief that Biden has lost the support of the entire crypto industry. Did Biden’s Veto of SAB 121 Seal His Political Fate in 2024? Two days ago, President Joe…

Coinbase Debuts Smart Wallet, Gunning to Bring 1 Billion Users to Crypto

ExchangesJun 6

Top U.S. crypto exchange Coinbase today unveiled its promised Smart Wallet, a product it says it designed to reduce hurdles for new users looking to get started in the DeFi space. “Smart Wallets allows users to create a free, secure, self-custody wallet in just a few seconds,” wrote Siddharth Coelho-Prabhu, senior director of product management at Coinbase, in a blog post announcing the release. “They simplify onboarding, reduce the number of transactions to be signed, and seamlessly let you use your Coinbase balances.” Coinbase first announced its Smart Wallet at ETHDenver in February. Instead of traditional recovery phrases, apps, and…

Bitcoin Jumps Above $72K As It Triggers $30 Million Liquidation Amid Cooldown In Profit-Taking Sentiment

BitcoinJun 6

Bitcoin’s recent price recovery has caught the attention of traders as the price has rebounded above the $71K level following a massive decline last week. Buyers liquidated their positions heavily after theprice touched the low of $65K. However, as the sentiment cooled down and BTC price experienced an accumulation near the support levels, it has now triggered a robust upward surge toward $72K. Bitcoin’s Liquidation Jumps Exponentially Just three days ago, Bitcoin’s price hovered around the $65.5k mark, sparking conversations about the end of its price correction phase. However, this price level gained buyers’ interest, resulting in a massive accumulation.…

What we learned from the latest ETH ETF filing dump

EthereumJun 6

A new slate of amended spot ether ETF applications are in, and at least one more round is expected before the products are able to launch. The latest document dump suggests another fee battle is in store and revealed that one issuer has decided to focus more on bitcoin. While the Securities and Exchange Commission on May 23 approved 19b-4 proposals filed by Cboe, NYSE Arca, and the Nasdaq to list such funds, the regulator now turns to finalizing S-1 registration statements as a last step before launch. Read more: On the Margin Newsletter: What needs to happen before ETH…