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.

TD Bank Releases Commercial Explaining The Bitcoin Halving And Promotes ETFs

TD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin's supply and demand dynamics. JUST IN: TD Bank subsidiary releases commercial explaining the #Bitcoin halving and promotes spot Bitcoin ETFs after 👀 pic.twitter.com/a8YTClIhMf — Bitcoin Magazine (@BitcoinMagazine) April 11, 2024 The video underscores this year's approval of spot Bitcoin Exchange Traded Funds (ETFs) in the United States, resulting in a surge in demand for bitcoin…

BitcoinMay 31

Ethereum Price Dips, Then Rips: Exciting Trading Opportunities Ahead

Ethereum price dipped sharply after it rallied toward $3,940. ETH is now consolidating near $3,850 and is eyeing more upsides in the near term. Ethereum started a consolidation after it rallied toward the $3,940 resistance zone. The price is trading above $3,720 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,620 support. Ethereum Price Eyes More Gains Ethereum price extended its increase above the $3,700 and…

EthereumMay 31

Dogwifhat (WIF) Eyes Price Rally as Major Metrics Go Bullish

In the midst of a broader consolidation on the crypto market, dogwifhat (WIF), a prominent meme coin built on the Solana blockchain, is demonstrating bullish signals across key metrics. Recent data from CoinGlass indicates a notable surge in open interest for WIF, currently standing at $325.20 million, marking a 2.92% increase. Notably, a significant portion of this interest, approximately $166.41 million, originates from Binance, with additional contributions from Bybit and other platforms. Open interest is a crucial metric, often reflecting the prevailing sentiment among traders. The upward trajectory of dogwifhat's open interest suggests a growing bullish sentiment within its trading…

AltcoinsMay 31

Cardano DEX Minswap Makes Bid to List MIN Token on Binance

Minswap Labs, the premier multi-pool decentralized exchange on Cardano, takes steps to get its native token MIN to trade on the largest crypto exchange, Binance. The Minswap Labs team recently disclosed this move via a post on their official X account. Per the update, Minswap Labs filed and submitted an application for MIN to be listed on Binance. @binance Listing Application Submitted ✅ as part of their Project Applicants program! ✦ What’s next for $MIN CEX Listing?🤔 📅 Dates coming tomorrow, turn on🔔 pic.twitter.com/M2DKnaxoWe — Minswap Labs (@MinswapDEX) May 26, 2024 MIN Listing on Binance This move comes amid MIN’s…

ExchangesMay 31

BTC Transfers Exceed $12.9 Billion!

Key Points: Merlin Chain sees over 190,000 BTC transferred, totaling $12.9 billion, rivaling top exchanges like Binance and Coinbase. BTC converts to M-BTC and SolvBTC, with $630 million already flowing across 10+ public chains, enhancing liquidity and yield opportunities. With plans to integrate more public chains, Merlin Chain offers wider liquidity options and redefines DeFi accessibility. Merlin Chain has witnessed an unprecedented surge in BTC transfers over the past 45 days. With over 190,000 BTCs transacted, totaling a staggering $12.9 billion, Merlin Chain has emerged as a formidable player in the crypto landscape, trailing only behind industry giants Binance and…

BlockchainMay 31

Ethereum on the brink of 75% rally as SEC approves ETH ETFs

Ethereum ETFs approved as SEC gives shocking green light to applications Bipartisan US lawmakers earlier urged SEC Chair in a letter on Thursday to give the green light. Ethereum may rally more than Bitcoin did following ETF approval. Ethereum (ETH) bounced back after a brief dip on Thursday as the Securities & Exchange Commission (SEC) approved spot ETH ETFs in a shocking U-turn. US lawmakers had earlier penned a letter to Chair Gary Gensler, urging him to approve the ETFs. Hong Kong regulators are also discussing whether issuers can offer ETH staking to investors. Also read: Ethereum bulls await ETF…

EthereumMay 31

Largest SHIB Holder Ever Revealed – Hold Tight

An Arkham Intelligence report shows which entities are now on the top 10 list of SHIB holders, and who holder number one is. Meanwhile, cryptocurrency whales have transferred billions of SHIB between exchanges. Largest SHIB holder on market revealed Arkham Intelligence has shared that in first place on its list of the top SHIB holders sits none other than the burn SHIB address. It holds 410,418,816,901,215.06 SHIB evaluated at more than $10 billion. That is 41% of the entire Shiba Inu supply. Centralized crypto exchange Crypto.com sits in second place, holding 37,570,344,005,265.1 – 3.76%, worth $968,560,000 million in fiat. This…

AltcoinsMay 31

South Korea Universities Face Banking Hurdles in Converting Crypto Donations to Cash

Financial authorities in South Korea are prohibiting universities from opening corporate accounts for coin transactions. This is resulting in their inability to convert cryptocurrency donations provided by certain crypto businesses into cash. Local outlet Chosun Ilbo reported Monday that financial authorities are concerned that corporate accounts, unlike individual accounts with real names attached, can be used for money laundering more easily due to the lack of individual verification. The Korean Financial Intelligence Unit (KoFIU) and the Ministry of Education are reportedly expected to uphold their position on prohibiting universities from opening corporate accounts for coin transactions. South Korea Universities Stuck…

LegalMay 31

KuCoin Delists Polyhedra’s Token Amid Battle For ‘ZK’ Token Symbol

Key Points: KuCoin Convert delists Polyhedra’s ZK token. Polyhedra and zkSync conflict over the same ticker code. Polyhedra brands zkSync a “robber” for using their ticker code. KuCoin delists Polyhedra’s ZK token amid a scandal over the token ticker ‘ZK’ being claimed by both Polyhedra and zkSync. Bybit has adjusted the ticker symbol. KuCoin Delists Polyhedra’s Token Amid Battle For ‘ZK’ Token Symbol In a recent announcement, KuCoin Convert will be delisting Polyhedra’s ZK token at 8:00 on May 31, 2024 (UTC). After the delisting, users will no longer be able to trade this token on KuCoin Convert. However, on…

ExchangesMay 31

A creative collaboration between Artfi and Sui

The collaboration between Artfi and Sui will symbolize the fusion of creativity in an enchanting way. It is with great enthusiasm that Artfi announces its association with the Sui Network, depicting a big step in the fanciful journey of redefining the art marketplace. The new collaboration will give a youthful outlook to the global art investment arena and showcase the novel application of blockchain technology. The Sui blockchain network is undoubtedly a trendsetter in terms of digital asset management. Sui objects are conceptualized with illustrious attributes like UID attributes, visible attributes, customization, flexible ownership, composability, and immutable objects. Objects on…

BlockchainMay 31