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.

dYdX, 3Jane, MakerDAO, and More

The decentralized finance (DeFi) sector continues to evolve, with several significant launches and updates making waves. BeInCrypto has examined the latest happenings, providing a comprehensive overview of the most noteworthy developments in the DeFi space. From the launch of dYdX’s Android app to 3Jane’s derivatives yield layer, the sector is brimming with innovation and progress. Term Structure’s Mainnet Launch Term Structure has now launched its mainnet on Ethereum (ETH). This marks the debut of the first market-driven, institutional-grade fixed-income protocol. It is changing how lenders and borrowers manage liquidity in DeFi. This platform lets users borrow tokens at fixed rates…

DeFiJun 4

Global adoption of CBDCs is growing, but interoperability presents challenges

Pallavi Thakur, Director of Strategy and Innovation at Swift, and Ryan Rugg from Citi shared insights at Money20/20 from their recent collaborative CBDC experiment. Both Thakur and Rugg cited the rapid progress of the global adoption of central bank digital currencies (CBDCs). However, they underscored the pressing need for interoperability among different systems, a challenge that demands immediate attention. “It’s like the early days of the Internet. You have all these various intranets developing,” Rugg said. “What’s going to be the connectivity between all of it?” Adoption of CBDCs The adoption of CBDCs is gaining momentum globally as central banks…

RegulationJun 4

New Elon Musk and Dogecoin (DOGE) Animation Stirring Major Community Buzz

A new animation of one minute, 24 seconds in length, featuring Elon Musk and Dogecoin (DOGE), is generating a major buzz in the crypto space as the short clip addresses prevailing concerns of interoperability in the Web3 ecosystem. The post, shared on X by Sir Doge of the Coin, speaks of introspection with Michael Jackson’s classic song, "Man in the Mirror," used as the soundtrack to the short animation with a powerful message for players in the cryptocurrency space. Musk suffers insomnia from DOGE rejection The animation portrays the frustrations that greet users of one platform who are unable to…

AltcoinsJun 4

Revolutionizing Gaming on the Blockchain

Funtico, an all-new incentivized gaming platform with unreal prizes, is set to launch soon and bring the world of Web3 gaming into the next generation. Funtico is doing Web3 gaming right – with a competitive environment and an ecosystem that rewards those who battle and play to win. Funtico chose to come to Avalanche for the power of customizable subnet blockchains with the scalability that the high demands of gaming require. The freedom that subnets provide developers continues to reinforce Avalanche as the premier space for Web3 gaming. Avalanche and Funtico will work together to bring an initial roster of…

GameFiJun 4

Bitcoin Miners Have Diverse Operations

The U.S. Energy Information Administration (EIA) estimates Bitcoin mining uses about 170 TWh of electricity per year, or about 0.6% to 2.3% of annual American electricity consumption. The aggregate market cap of 14 publicly traded U.S. mining companies totals about $20 billion, according to an April report by JPMorgan Chase. As the Bitcoin mining industry has grown, so too has its reputation. And that reputation is largely negative. Discussions with three different Bitcoin mining executives through more light about their operations and the reality of Bitcoin mining. Chronos Energy Chronos Energy is an off-grid Bitcoin mining company that utilises stranded…

MiningJun 4

Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%

The percentage of bitcoin's circulating supply last active at least a year ago has declined from 70% to 65.8% in three months. The decline probably indicates profit-taking by some investors in a rising market. The percentage of bitcoin's circulating supply that last moved on-chain at least a year ago has declined to the lowest since October 2022, according to data tracked by blockchain analytics firm Glassnode. On Monday, 12.95 million BTC, equating to 65.84% of the circulating supply of 19.67 million BTC, remained unchanged for over a year, the lowest percentage since October 2022. The metric peaked above 70% with…

BitcoinJun 4

Here’s How the Upcoming TREAT Token Benefits the SHIB Ecosystem

Shiba Inu marketing specialist Lucie recently explained how the upcoming TREAT Token benefits the SHIB ecosystem amid queries and misconceptions. Shiba Inu is gearing up for a significant expansion with the introduction of its latest addition, the TREAT token. Lucie’s disclosure came on the back of comments from some proponents following the announcement of a $12 million funding round dedicated to its development. Benefits of TREAT to the Shiba Inu Ecosystem She shed light on the pivotal role TREAT will play within the SHIB ecosystem. At its core is the function as the ecosystem reward token. Once operational, users engaging…

AltcoinsJun 4

Bitcoin is ‘bad for dictators’ says the Human Rights Foundation

Alex Gadstein, Chief Strategy Office of the Human Rights Foundation (HRF), appeared in an interview on the What Bitcoin Did podcast, published on April 8, to talk about the ultimate use cases for Bitcoin (BTC). In a 1-hour interview, Gladstein explained that Bitcoin is not just an investment, highlighting how bad it is for dictators. Interestingly, Bitcoin is a technology, or a tool, that facilitates savings, commerce, freedom, and energy efficiency, according to HRF’s CSO. “Bitcoin is not just a savings technology, it’s not just a freedom technology, it’s not just a commerce technology, it’s an energy savings technology. The…

BitcoinJun 4

237.8 Billion SHIB Grabbed by New Whale After Major Shiba Inu Development

According to data shared by Etherscan, over a day ago, a recently set up cryptocurrency wallet purchased several hundred billion SHIB meme coins. Whale grabs 237.8 billion SHIB The transaction was made from an anonymous wallet that may indicate an OTC purchase or a whale distributing his cryptocurrency stash between smaller blockchain addresses. A whopping 237,868,630,126 SHIB were transferred to the aforementioned wallet in total. This amount of meme cryptocurrency is evaluated at $6,290,435 at the time of this writing. The purchase took place after the SHIB team made a major announcement about securing $12 million in investments for developing…

AltcoinsJun 4

Jeremy DaVinci Teases Bitcoin (BTC) Rally on Bollinger Bands Nudging

Early Bitcoin (BTC) adopter Jeremy DaVinci has shared insights into the potential price trend for the digital currency. Taking to his official X handle, DaVinci highlighted the interesting times the crypto industry is in with sustained parabolic growth in the price of Bitcoin. Despite the retracement Bitcoin faced earlier this month, DaVinci said the price of the asset has closed above the upper Bollinger Bands indicator for two consecutive months. According to him, the last time this event happened, the price of the coin jumped as high as 2x in just two months after the setup was confirmed. As a…

BitcoinJun 4