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.

Circle CEO Jeremy Allaire Celebrates Brazil Partnerships, Says Crypto Is Still Early

RegulationJun 4

Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, announced new partnerships with industry giants during his visit to Brazil. Allaire noted that the adoption of cryptocurrencies and stablecoins is still in its early stages. Circle Officially Enters Brazil, BTG Pactual Will Issue USDC During his visit to Brazil, Circle’s chairman signed a partnership with BTG Pactual. This means one of Latin America’s largest investment banks will now offer USDC to the market through the local banking system. “BTG will be our direct liquidity partner for the minting [registration within the blockchain] of USDC 24 hours a day,…

"Investors' Bitcoin Profits Are Flowing to These Two Altcoins!"

AltcoinsJun 4

Bitcoin rose above $67,000 as it continued to erase the effects of the decline it experienced before the halving. While this recovery in BTC also manifested itself in altcoins, investors who made a profit distributed their profits to altcoins that are considered more speculative. While mem tokens are more prominent among these altcoins, Santiment announced that investors turned to two altcoins as BTC rose above $ 67,000. Santiment said that while cryptocurrency markets continue to recover steadily, altcoins named POPCAT and AMP have attracted the attention of investors. “Altcoin markets are on the rise as Bitcoin moves above $67,000, allowing…

Crypto.com App now offers a new payment facility

ExchangesJun 4

Crypto.com users have the ability to initiate a Strike or UpDown options trade by converting their crypto to American dollars. The new payment facility makes use of any token available in the user’s balance, which is a notable attraction. Another exciting news for crypto enthusiasts is that the Crypto.com app supports more than 350 cryptocurrencies. The meticulous and quick process makes Crypto.com stand out from other popular cryptocurrency trading applications. Strike Options is an amazing crypto derivative product that offers handsome returns. Forthright transactions, inexpensive trading, and visibly defined risk potential are the magnificent benefits of the recently introduced payment…

Mike Novogratz Names Key Reason Why He's Bullish on Bitcoin

BitcoinJun 4

Galaxy Digital CEO Mike Novogratz is confident that the U.S. Federal Reserve will cut interest rates despite personally not seeing "one good reason" for them to do so, according to his recent post on the X social media network. Novogratz believes that such macro-financial conditions would be beneficial for Bitcoin as well as precious metals. "It’s a great setup for BTC, gold, silver, copper," he said. At the same time, Novogratz is concerned about the federal budget deficit in the US. As reported by U.Today, Novogratz previously predicted that the price of the largest cryptocurrency would be able to surpass…

D8X protocol brings novel futures exchange to Arbitrum

DeFiJun 4

The perpetual futures exchange landscape is undeniably crowded at this stage, with literally hundreds of offerings available. Many offer similar user experiences and features, and only the top 20 or so have attracted a meaningful amount of trader capital or volume. Fewer still can compete with centralized exchanges in terms of order execution and liquidity. Newcomer D8X, which is now available on Arbitrum, has several features that its founders hope will let it stand out from the crowd. It’s a full-fledged on-chain perp DEX protocol using an automated market-making (AMM) approach with no centralized order book. The protocol is designed…

Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado

RegulationJun 4

Colombia-based stablecoin protocol El Dorado said Tuesday it completed a $3 million seed venture capital investment round to build a crypto payments "superapp" for the Latin American region. Multicoin Capital was the lead investor, with crypto exchange Coinbase's venture capital arm Coinbase Ventures, UC Berkeley Skydeck and Awesome People Ventures also participating in the round. Stablecoins are a $160 billion asset class within crypto, with their prices anchored to an external asset, predominantly to the U.S. dollar. They are increasingly popular in developing regions such as Latin America with less developed banking systems and history of currency devaluations. Dollar-pegged stablecoins…

Ripple CTO Explains Why the Upcoming Cross-Chain Bridge is Important for XRPL

AltcoinsJun 4

Insights from David Schwartz, the CTO of Ripple, about the significance of the imminent cross-chain bridge for the XRP Ledger (XRPL) recently surfaced in the crypto community. Schwartz had explained the importance of the upcoming XRPL cross-chain bridge during a developer summit. XRP community figure XRP DROPZ called the public’s attention to the disclosure in a recent post on X. ⛓️🌉 XRPL ➡️ "THERE IS NO LIMIT TO SIDE CHAINS" ➡️ DAVID SCHWARTZ ON THE XLS-38 // THE CROSS-CHAIN BRIDGE" @JoelKatz @RippleXDev #XRPL #XRP ➡️ "There is no limit to side chains ! They are implemented independently from the XRPL…

Forecasts for the price of Bitcoin: +160% after the halving

BitcoinJun 4

There is a lot of anticipation for the Bitcoin halving that is supposed to happen on April 20: for this reason, predictions about the price movements that BTC could undergo as a result of this very important event are pouring in. However, in all three previous occasions (2012, 2016, and 2020) the effect of the halving on the price of Bitcoin occurred only several months after the event, and this time it may not be different. Short-term price predictions for Bitcoin before the halving Post-halving: Long-term price predictions for Bitcoin (BTC) The comment The comparison with 2021 Short-term price predictions…

Ethena Labs and BounceBit Partner to Unlock Real Yield on BTC Collateral

DeFiJun 4

Ethena Labs and BounceBit have entered a partnership that marks a major shift in attaining actual yield for over $1 trillion in Bitcoin (BTC) assets. This collaboration fills a significant gap in how to create yield on investments. The @ethena_labs x @bounce_bit partnership is a significant unlock for providing real yield on >$1tn of BTC collateral There is significant unserved demand for generating yield on BTC And only one way to do it at billion dollar scale… Ethena pic.twitter.com/zc9ZKH9lla — Ethena Labs (@ethena_labs) June 4, 2024 Ethena Labs and BounceBit Unveil New BTC Yield Products for Investors As of now,…

Altura announces $1 million Web3 gaming grant fund

RegulationJun 4

Altura recently announced a $1 million Web3 Gaming Grant Fund, which will provide $50,000 each month to qualifying studios and developers based on a real-time community voting system. Also read: COTI V2 Developer Network Goes Live With a 400M Tokens Grant Program According to Altura’s latest Twitter announcement, the goal of this grant is to fuel innovation and creativity in Web3 gaming using a democratic voting system. It gives the community a chance to vote for projects that they believe in. $1M in grants to fuel innovation & creativity. Introducing: the Altura Web3 Gaming Grant Fund. Every gamer matters. Are…