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.

Stellar-Based WhatsApp Cross-Border Transfer Service Félix Pago Secures $15.5M Funding

Stellar-based Félix Pago is reported to have secured a $15 million series A funding round to expand its services in LATAM and the US. According to them, their services rely on crypto partners such as Boston-based crypto fund Castle Island Ventures. Stellar-based WhatsApp cross-border transfer service Félix Pago has secured $15 million Series A funding as part of the plans to boost its operations in the LATAM and US. According to reports, the round was led by Massachusetts-based VC firm Castle Island Ventures and supported by Switch Ventures, HTwenty, MELI Capital, and Contour. Founded in 2021, Félix Pago explains that…

RegulationJun 1

Here are the Bitcoin and Altcoin Portfolios of Giant Investment Companies! Which Altcoin Do They Hold Most?

Investors are curious about the BTC and altcoin portfolios of giant corporate companies that affect prices with Bitcoin and altcoin purchases and sales. At this point, cryptocurrency analysis company Arkham shared the portfolios of giant investment companies Paradigm, Andreessen Horowitz (a16z), Spartan Group, Blockchain Capital and SCP Token. Accordingly, Ethereum (ETH) ranked first in Paradigm's portfolio, followed by Lido DAO (LDO) and Optimisim (OP). In Andreessen Horowitz's (a16z) portfolio, Uniswap (UNI) ranked first, followed by COMP and ETH. Ethereum ranked first in Blockchain Capital's portfolio. ETH was followed by AAVE, UNI and SAFE. PENDLE ranked first in Spartan Group's portfolio,…

AltcoinsJun 1

EarthMeta Presale Explodes as the Next Big Metaverse Contender to Decentraland and The Sandbox

EarthMeta presale has taken the metaverse and crypto communities by storm, positioning itself as a strong competitor to established giants like Decentraland and The Sandbox. Offering compelling incentives, EarthMeta stands out as a significant project in the metaverse space. The performance of metaverse-related crypto-assets like $MANA and $SAND, which have outpaced traditional cryptocurrencies like Bitcoin and Ethereum in 2023-2024, indicates growing interest in the metaverse. This trend suggests that the $EMT (EarthMeta Token) is entering a dynamic cryptocurrency landscape with significant growth potential. EarthMeta’s presale has emerged suddenly, making a notable impact by attracting metaverse enthusiasts, AI advocates, and investors…

MetaverseJun 1

Here's What the Bitcoin Options Market Says About Halving

Bitcoin options show expectations for pre-halving price weakness and a bullish bias following the pivotal quadrennial event. The long-term outlook depends more on macro factors than halving, analysts said. Options market shows expectations for a price rally into six figures by December. The bitcoin (BTC) options market, historically a reliable indicator of sentiment, is showing investors expect weakness in the run-up to the mining-reward halving due April 20 followed by a rally after the event, which reduces the pace of new bitcoin creation by cutting the per-block coin emission to 3.125 BTC from 6.25 BTC. The world's largest cryptocurrency by…

BitcoinJun 1

Metaplex Announces Introduction of Hybrid Defi Protocol for Solana

Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers of each artistic collection. Metaplex Aims to Extend Hybrid Defi Adoption in Solana Metaplex, a protocol that eases the distribution and deployment of non-fungible tokens (NFTs) on top of the Solana blockchain, has announced the introduction of Metaplex Program Library 404 (MPL-404). MPL-404 is a protocol that brings the hybrid functionality pioneered by the…

DeFiJun 1

Ark Invest Sells Nearly $26M Worth Of Robinhood Shares

Ark Invest made an investment decision to sell off Robinhood Markets Inc. shares. The decision came after Robinhood launched a new cryptocurrency trading API. Ark Invest sold 1,178,058, totaling $25.7 million since Robinhood shares closed at $21.84. Cathie Wood’s Ark Invest sold shares from three different funds. The investment firm sold 857,676 shares from the ARK Innovation ETF, 113,102 shares from the Ark Fintech Innovation ETF, and an additional 207,276 shares from the ARK Next Generation Internet ETF. Also Read: Crypto Markets Brace for Volatility as Billions in Bitcoin and Ether Options Expire In total, Cathie Wood’s Ark Invest sold…

RegulationJun 1

Shiba Inu Key Metric Skyrockets by 61% as SHIB Whales Return

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a significant 61.39% increase in large transaction volume, which is usually suggestive of whale activity. Large transaction volume is a crucial measure from IntoTheBlock that indicates the total amount transacted by whales on a particular day. Spikes in large transaction volumes point to high activity among whales, either buying or selling. In recent days, there has been a decrease in the volume of large transactions for SHIB that exceed $100,000. SHIB reported a considerable reduction in large transaction volume, falling from 6.36 trillion SHIB on April 19 to 2.06 trillion SHIB on April…

AltcoinsJun 1

Real Reasons Why Bitcoin Broke $70,000

Bitcoin has smashed past the $70,000, after the release of the Consumer Price Index (CPI) report signaling surge of inflation in the United States. Previously, many investors somewhat predicted the $70,000 price surge, despite the prior dip to $67,000. The main contributing factor to this surge are high inflation rates, which have positioned Bitcoin as a potential hedge against the diminishing purchasing power of traditional currencies. Additionally, there's been a noticeable boost in the performance of stocks and other alternative assets, as investors are redistributing resources to protect their portfolios from inflation. In the past, Bitcoin has been considered a…

BitcoinJun 1

Stablecoins see $846 billion in on-chain trades in May

Stablecoins surpassed $846 billion in on-chain trading volume, according to on-chain data platform IntoTheBlock. Despite a 30% drop in monthly trading volume and the total stablecoin supply remaining $20 billion below its peak, the market demonstrates robust activity. Additionally, IntoTheBlock’s “On-chain Insights” newsletter highlights that stablecoins are increasingly recognized for their potential to cut the hefty fees of international remittance, mentioning a Coinbase study that underscored how Americans pay nearly $12 billion annually to send money abroad. Stablecoins on-chain monthly trading volume. Image: IntoTheBlock The newsletter also pointed out PayPal’s PyUSD emerging as a key player, with a market cap…

RegulationJun 1

Polygon leads in EVM efficiency as DeFi users favor low transaction costs

Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and efficiency. Comparing the usage and efficiency of EVM-compatible L1 and L2 blockchains and side chains helps us better understand the market values and where most of the DeFi activity comes from. Dune Analytics data analyzed by CryptoSlate showed Polygon, a Layer-2 sidechain, was the leading figure in the DeFi ecosystem, closely followed by BNB Chain, an EVM-compatible Layer-1 blockchain. One of the most important metrics when analyzing L1s and L2s is the daily gas usage—the computational effort…

AltcoinsJun 1