Author: 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.
In 2023, Bitcoin (BTC) saw a tumultuous shift in its trajectory with the emergence of Ordinals, an initiative that pushed the narrative beyond mere talk of digital gold into a realm of seemingly boundless possibilities for the network. At the forefront of this transformation was the Bitcoin Frontier Fund (BFF) dedicated to innovation within the Bitcoin ecosystem. Bitcoin Ordinals In August 2023, BFF unveiled its pioneering accelerator program focused on Ordinals, merging the expertise of seasoned investors with the creativity of Bitcoin developers. The initiative marked a significant step towards a more vibrant economy in the network conducted exclusively in…
The IOTA Foundation is leading key market initiatives, preparing for the launch of IOTA 2.0, and spearheading advancements in the upcoming 6G revolution. Recent developments and partnerships, including the imminent launch of IOTA EVM and the anticipated IOTA 2.0 testnet. The IOTA Foundation continues to lead some of the key market initiatives as it gears toward the much-anticipated launch of IOTA 2.0. IOTA will lead the charge in the upcoming 6G revolution, supported by patent CN117176593A, marking a significant milestone in network technology. This pioneering development, coupled with the introduction of IOTA 2.0 and the tokenization of real-world assets (RWA),…
Bitcoin bulls so far this year have had a respite from having to pay attention to things like the economy and Federal Reserve monetary policy thanks to the overwhelming demand for the crypto from the new spot ETFs. For the moment, at least, that appears to be changing. Thursday morning’s Producer Price Index (PPI) for February was yet another data point that perky inflation is proving far stickier than most expected. The government report said PPI was higher by 0.6% last month, doubling the pace in January and also double economist forecasts. The so-called core PPI, which excludes food and…
Bitcoin day trader Emily has disclosed profiting $5.7 million from Shiba Inu in addition to other substantial returns from similar meme projects. In a recent post on X, Emily revealed her successes in engaging with prominent tokens in the meme coin market. According to her, she has realized multi-million dollars investing in Dogecoin (DOGE), Shiba Inu (SHIB), PEPE, and the more recent Solana-based coin Book of Meme (BOME). $5.7M from Shiba Inu In particular, Emily announced that she had made $5.7 million from Shiba Inu. As for Dogecoin, she declared a profit of $4 million. Her most successful meme coin…
Bitcoin maximalists like Max Keiser have spread rumors of a $500 billion BTC purchase by Qatar, which would be larger than the sovereign fund’s current holdings. The Qatar Investment Authority has denied investing. But, with BTC increasingly accepted on Wall Street, sovereign funds may add digital assets to their portfolios soon. In recent days, rumors have resurfaced surrounding Qatar’s sovereign wealth fund making a major investment into Bitcoin. During the cryptocurrency’s ride up to an all time high of $69,000, analysts noticed a new wallet holding more than 50,000 BTC (over $3.3 billion). Referred to as “Mr 100” due to…
How are Avalanche (AVAX), Ankr (ANKR), and Saga (SAGA) performing within the crypto market? Let’s see below the price situation and the latest news related to them. The Avalanche crypto and the performance of ANKR and SAGA Ankr and WitnessChain: the advent of security in the web3 protocol Saga’s debut: the mainnet launch and token listing The Avalanche crypto and the performance of ANKR and SAGA AVAX from Avalanche is preparing the ground for a parabolic rally after a recent correction, according to analysts. Success depends on the altcoin’s ability to flip a key resistance into support, thus creating a…
Pump has generated significant revenue in a short period and zoomed to one of Solana’s highest earning applications, showcasing the profitability of offering token creation services in the crypto space. The platform allows users to create tokens with $2 and offers an inbuilt safety mechanism against scams like rug pulls, making it an attractive option for traders interested in meme coins. Selling shovels in a gold rush was one of the surest ways to make profits, and it’s no different today in the digital asset world. Pump, a meme coin generator platform, has earned over $5 million in fees since…
CyprusSEC has reported that the request submitted for the termination of the license of FTX Europe has been prolonged. The federal regulator resolution extended the license cancellation on cryptocurrency company operations to September 30, 2024. At the start the was established Digital Assets AG was purchased by FTX. Ever since FTX collapsed, its parent company the European-based firm has been in the spotlight. Ongoing restrictions for FTX Europe by Cyprus SEC mandate The suspension is a part of the series of measures put in place by CySEC, concerning the bankruptcy case of FTX. A series of regulations have been passed…
Eleven approved Bitcoin ETFs have painted the pioneering cryptocurrency with a fresh coat of legitimacy. By receiving an official blessing from the Securities and Exchange Commission (SEC), an institutional investing barrier has been lifted. With this barrier gone, financial advisors, mutual funds, pension funds, insurance companies and retail investors can now receive Bitcoin exposure without hassling with direct custodianship. More importantly, a taint has been scrubbed off from Bitcoin, previously likened to “tulip mania”, “rat poison”, or “index of money laundering”. Following the unprecedented domino of crypto bankruptcies throughout 2022, Bitcoin price reverted to November 2020 level of $15.7k by…
Meme coins are coming to Fantom (FTM), and the community is excited at the prospect. In a proposal published on Medium, Fantom lead developer Andre Cronje outlined the risks and opportunities that a meme coin culture on Fantom poses and how the community can properly tap into the latter. Andre Cronje proposal Andre Cronje started his proposal by highlighting the risks, which include the likelihood of the team selling off their tokens, and early investors selling large amounts, a trend that can cripple the project. As seen on other blockchains with meme coins already thriving, there is also the risk…