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.

VibrantX Finance Joins Forces with Avex Defy to Promote Mutual Growth

VibrantX Finance, a prominent portfolio manager and yield aggregator, has recently announced an exclusive collaboration. The platform has reportedly partnered with Avex Defy, a decentralized finance application that permits consumers to socialize and invest via NFTs and crypto assets. The platform took to its official account on the social media forum X to provide the details of this partnership. 📢 Partnership Announcement 📢 VibrantX is thrilled to join hands with @defyapp_ – the new & fast-growing SocialFi app on @Aptos This dynamic partnership will foster mutual growth, and strengthen the connection between the communities of both projects ✨ PS: Stay…

DeFiJun 3

Ethereum may continue outperforming Bitcoin as 'programmable money' may be ETH's new slogan

Ethereum community members favor term 'programmable money' as its new slogan before the approval of ETF S-1 applications. Santiment analyst expects Ethereum to continue outperforming Bitcoin following sustained whale accumulation. Ethereum bulls seem to be stepping on the brakes as they await more clarity on S-1 applications. Ethereum (ETH) followed a sideways trend on Tuesday as the crypto community seems to favor the term 'programmable money' as ETH's one-liner. Meanwhile, whales have continued accumulating ETH despite profiting from the recent price spike. Daily digest market movers: Programmable money & whale accumulation Ethereum's recent momentum is slowing down as ETF hype…

EthereumJun 3

Talisman Wallet introduces Quests App to gamify rewards on Polkadot

Talisman, the multi-chain crypto wallet, announced the launch of Talisman Quests, a gamified experience set to boost user engagement and education within the Polkadot (DOT) ecosystem, according to the information shared with Finbold on June 3. After a successfully wrapped beta phase, Quests invites crypto users to create a profile and progress through various levels by earning experience points (XP) and unlocking rewards. This interactive journey includes a hidden storyline that gradually reveals itself as users progress through the game. A gamified Web3 experience Jonathan Dunne, Co-Founder & Head of Technology at Talisman, made a comment on the often inaccessible…

BlockchainJun 3

How Much Do Bitcoin ETFs Actually Matter? Glassnode Investigates

U.S. Bitcoin spot ETFs have absorbed $12.3 billion of net inflows since launching three months ago. Just how much have they impacted the broader Bitcoin market? Lead Glassnode analyst James Check provided analysis on Wednesday measuring the effect of Bitcoin ETFs next to the asset’s existing futures and spot markets – using on-chain data. Grayscale And Long Term Holders The analyst began by examining the Grayscale Bitcoin Trust (GBTC) – the sole new Bitcoin ETF that’s suffered massive and consistent outflows since January 11. The fund has lost roughly 300,000 BTC since that time, close to half of its total…

BitcoinJun 3

Uniswap Vote Delay Shows DeFi Stakeholders Aren't All in It Together

On Friday, the Uniswap Foundation announced it was delaying a key vote on whether to upgrade the protocol’s governance structure and fee mechanism to better reward holders of the UNI governance token. The nonprofit cited concerns from a “stakeholder,” thought to have been an equity investor in the organization behind the largest Ethereum-based decentralized exchange. Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and…

DeFiJun 3

Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals

Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. Ether Futures Markets Reach Record Levels In the midst of the dynamic activity on ethereum spot markets, ether derivatives have also seen substantial demand. Ether futures open interest has reached unprecedented levels. Concurrently, the aggregated open interest (OI) in ethereum (ETH) options has been hovering…

EthereumJun 3

Shiba Inu Ecosystem Sees Substantial Growth in Q1 2024

SHIB led the Q1 rally with a 190% increase, followed by LEASH at 87% and BONE at 25%, indicating strong investor interest. Trading volumes in the Shiba Inu ecosystem soared by 416%, and active traders rose by 178%, reflecting growing market engagement. Collaborations with Zama and positive market developments contributed to the ecosystem’s strong performance in Q1 2024. The Shiba Inu ecosystem, renowned for its popular tokens like SHIB, LEASH, and BONE, saw substantial gains in the cryptocurrency market during the first quarter of 2024. Bitget, a global cryptocurrency exchange, reported increased trading activity, with volumes soaring by 416%. This…

AltcoinsJun 3

How to Add Polygon to MetaMask?

In this article, we’ll show you how to add Polygon (MATIC) to MetaMask, which will allow you to use MetaMask to interact with the Polygon network just like you do with Ethereum. After you add the Polygon network to MetaMask, you will be able to store and send Polygon-based tokens and seamlessly use decentralized applications deployed on the Polygon network. The only thing you’ll need before you add Polygon to MetaMask is to install the MetaMask browser extension or mobile wallet. You don’t even need any tokens to get started, although having some MATIC tokens will be necessary if you…

BlockchainJun 3

Reveals Where He Thinks BTC Will Go From Here

Il Capo of Crypto, one of the most followed names in the cryptocurrency world and generally known for his bearish analyses, shared his new views with his followers after the decline in Bitcoin. BTC price has fallen approximately 4% today and is trading at $69,000 at the time of writing. In his statement, il Capo claimed that yesterday's upward movement was completely reversed and now all eyes are on below $60,000, a level he had previously announced. According to the analyst, liquidity in this region may be tested. However, in another newly shared chart, il Capo also touched upon his…

BitcoinJun 3

Why Ethereum Could Outperform Bitcoin, Reaching Nearly 15K per ETH, Explains Analyst

Michael Nadeau, a prominent crypto analyst, recently provided an in-depth analysis of the current and future state of the cryptocurrency market, with a particular focus on Bitcoin (BTC) and Ethereum (ETH). Michael Nadeau is a well-regarded crypto analyst known for his work at The DeFi Report, where he provides in-depth research and analysis on decentralized finance (DeFi) and blockchain technology. Nadeau is particularly noted for his insights into the performance and valuation of blockchain networks like Ethereum. According to ETF experts at Bloomberg, ETH ETF flows are expected to represent about 10-20% of BTC ETF flows. This prediction is based…

EthereumJun 3