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.

Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving

According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March 14, reaching $73,794 per bitcoin, but has since seen a 6.5% decline. Observers are now eagerly awaiting the outcome of the upcoming reward halving, wondering what the future holds for bitcoin’s valuation. Tik Tok – Next Block Lately, bitcoin’s (BTC) price has remained steady, fluctuating between $65,000 and $71,000. Impressively, 2024 has outdone the 2021 milestone by sustaining its…

BitcoinJun 2

Vitalik Buterin Reveals Features He Regretted When He Built Ethereum

Vitalik Buterin, Ethereum co-founder and chief architect of the project, made a surprise appearance at the last event held at ETHBerlin. His unexpected debut and candid reflections on Ethereum's initial design attracted the attention of more than 600 developers. Buterin's speech not only brought back memories of Ethereum's beginnings in 2014, but also offered insight into the future of the cryptocurrency, which is now worth $448 billion. This comes at a time when the US has approved a spot Ethereum exchange-traded fund and BlackRock, the world's largest asset manager, has launched its own tokenized fund on the blockchain. Despite Ethereum's…

EthereumJun 2

Chainlink Partners with Etherisc for Seamless Cross-Chain Integration

A pioneer decentralized insurance platform has integrated Chainlink to ensure secure, reliable, and seamless data exchange. Chainlink’s CCIP has emerged as an industry standard for cross-chain solutions, offering numerous benefits for projects. Chainlink has partnered with Etherisc to offer the platform a seamless cross-chain integration through Chainlink’s CCIP tool. This is a landmark collaboration for Chainlink, helping support the pioneer decentralized insurance platform to offer reliable, tamper-proof insurance data on-chain. Established in 2016, Etherisc, revealed that Chainlink has been a partner since its establishment and it is only natural that it would choose Chainlink’s industry-standard platform for its cross-chain solution.…

AltcoinsJun 2

Historical patterns in Bitcoin fees surface amid the halving countdown

Quick Take Data from Glassnode show that Bitcoin (BTC) transaction fees in 2024 have exhibited a general downward trend, but not without intermittent spikes. Contrasting with 2023, the average transaction fees in BTC have escalated, now settling between $1 million to $2 million per day, a marked increase from the previous year’s $500k average. Notably, inscriptions, particularly prevalent from November through December 2023, fueled significant fee spikes, surpassing Ethereum fees for the last two weeks of December and briefly on Feb. 3. However, Ethereum has since retained its dominance. Presently, the average fee per block stands at approximately 0.40 BTC,…

BitcoinJun 2

Grayscale Spot Ethereum ETF Updated S-3 Registration Statement Under New Requirements

Key Points: Grayscale submitted a revised S-3 statement for Grayscale spot Ethereum ETF following BlackRock’s recent update. The filing details that 0.94552590 Ether is needed for 100 shares, highlighting transparency and institutional demand. On Thursday, Grayscale Investments submitted a revised S-3 registration statement for Grayscale spot Ethereum ETF, just a day after BlackRock updated its S-1 statement and a week after the U.S. Grayscale Spot Ethereum ETF Updated S-3 Form Securities and Exchange Commission (SEC) approved 19b-4 forms for eight Ethereum exchange-traded funds (ETFs). In its latest filing, Grayscale detailed the regulatory treatment of Ether and outlined the specific amount…

EthereumJun 2

Bitcoin Meme Coin DOG Hits $336 Million Market Cap After Runes Airdrop

DOG•GO•TO•THE•MOON (aka DOG), a Bitcoin meme coin etched via the new Runes protocol, was airdropped to holders of the Runestone Ordinals project on Wednesday, immediately vaulting the newly created coin to the title of the most widely held Runes token to date. Holders of DOG surpassed 74,000 on Wednesday, according to data from minting and etching platform Luminex. It’s by far the Runes token with the most holders since the launch of the Runes protocol last week. Next on the list is RSIC•GENESIS•RUNE, with nearly 22,000 holders. On Wednesday, pseudonymous DOG•GO•TO•THE•MOON c0-creator Leonidas tweeted that 100 billion total dog-themed Runes…

AltcoinsJun 2

How Crypto Companies Can Avoid Compliance Pitfalls

Navigating the regulatory environment of the cryptocurrency industry worldwide can be a daunting task for companies. With high stakes, non-compliance can lead to severe legal ramifications, including potential criminal charges for crypto founders and senior executives. Nicola Massella, a Web3 Lawyer at Storm Partners, shared invaluable insights with BeInCrypto on how crypto companies can avoid compliance pitfalls. Understanding AML Compliance Anti-Money Laundering (AML) standards are critical for the cryptocurrency industry. Massella emphasized that adhering to these standards is not optional. “AML concerns have been at the forefront for regulators since Bitcoin’s early days. Therefore, ahering to AML standards is paramount,”…

LegalJun 2

'Notcoin' Hits $1 Billion, 'Hamster Kombat' Token, Tickle-to-Earn

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

GameFiJun 2

Ordinals Defy Bitcoin's Design Principles but Offer Miners Huge Post-Halving Advantages

It wasn’t supposed to be possible. Yet, with the advent of Ordinals and BRC-20, the Bitcoin network is seeing an influx of major developments that have unlocked BTCFi — DeFi using Bitcoin as its primary asset. This has brought new capabilities to a network traditionally known for its transactional simplicity, with the total market cap of BRC-20 tokens alone reaching $2.8 billion. From the standpoint of network health, the takeaway from all this is that Ordinals inscriptions, in particular, have contributed over $438 million in fees to miners, which helps secure the Bitcoin network by incentivizing miner participation. Andy Handika…

BitcoinJun 2

Ethereum Is Above $3,700 But Struggles With The Resistance

The price of Ethereum (ETH) is currently in a sideways trend after the uptrend ended on May 21. Price analysis of Ethereum coin by Coinidol.com. Long-term analysis of the Ethereum price: bullish The price of the cryptocurrency was halted at the resistance levels of $3,800 and $3,900. The bullish rise was fended off at the high of $3,900. The largest altcoin declined and found support above the $3,700 support. In other words, Ethereum is trading above the $3,700 support but below the $4,000 level. The current sideways movement is an anticipation of a possible bounce or breakdown. On the upside,…

EthereumJun 2