Author: NBTC

Bitcoin mining difficulty increased by 4% during the past day, reaching a high of 86.39 trillion hashes on April 10. This uptick is consistent with the ongoing trend witnessed since the beginning of the year, highlighting the mounting computational challenges miners face on the leading digital asset network. The increasing difficulty has occurred amid BTC’s rapid rise to more than $70,000 thanks to the bullish momentum fueled by spot exchange-traded funds and the impending halving event. Mining difficulty Bitcoin’s mining difficulty adjusts approximately every two weeks after completing 2,016 blocks. This critical process evaluates whether miners’ activities have resulted in…

PUPS, a meme coin project on the Bitcoin blockchain, has skyrocketed in value. Its price has been increasing by 1,075% for the past seven days. CoinGecko data indicates PUPS is currently trading at $45.40. This level is just below its new all-time high of $47.44, reached during the early Asian market session. PUPS NFT Sales Explode with 6,948% Increase The surge in PUPS activity extends to its BRC-20 NFT collection. Sales have skyrocketed by 6,948% over the past seven days. Furthermore, data places PUPS BRC-20 NFTs in second place in sales volume over the last week, reaching $18.4 million from…

Lussa, the avant-garde gaming platform amalgamating eSports tournaments and cutting-edge payment solutions, is setting its sights on revolutionizing the blockchain gaming landscape through its recent integration with the Enjin ecosystem. Zlatko Stjepanovic, CEO of Lussa, voiced his enthusiasm for this partnership, highlighting Enjin Blockchain’s innovative capabilities as a pivotal tool in redefining the boundaries of blockchain gaming. Stjepanovic added, “We are excited to embark on a transformative journey with the Enjin ecosystem, leveraging their trailblazing blockchain platform for our game, LUSSA. Enjin Blockchain’s cutting-edge technology offers a robust and flexible foundation that aligns with our ambition to redefine the boundaries…

In a strategic move to bolster its European presence, Okcoin Europe Ltd. has rebranded to OKX and appointed Erald Ghoos as the new Europe General Manager. As part of this rebranding, OKX aims to unify its brand worldwide. OKX is one of the biggest crypto exchange globally trusted with over 50 million users worldwide,. The company has been operating in Europe since 2021, holding a crypto service provider registration with De Nederlandsche Bank (DNB) and a virtual financial asset service provider license in Malta. As part of its expansion plans, OKX is currently beta testing its platform in the Netherlands,…

Recently, crypto whales are aggressively accumulating Ethereum (ETH) despite the looming uncertainty of ETF approvals. On-chain analytical platforms Lookonchain and Spot On Chain have highlighted significant Ethereum acquisitions by prominent wallets. This reflects a bullish sentiment among these major investors. Will Ethereum’s Price Surge 22%? Lookonchain reported a significant transaction where a crypto whale wallet, 0xACc, withdrew 22,251 Ethereum from centralized exchanges, valued at roughly $80 million. This wallet withdrew 33,925 ETH, totaling around $122 million over three days. Concurrently, Spot On Chain revealed another whale wallet, 0x435, that withdrew 3,092 ETH, worth $11.13 million, from Binance. In the past…

The Bitcoin halving event is pivotal in the cryptocurrency world, impacting miners’ strategies and the entire network’s dynamics. As the rewards for mining new blocks are slashed in half, miners must adapt their approaches to maintain profitability and network stability. In this article, we delve into the various strategies employed by Bitcoin miners during the halving event. What is Bitcoin halving? The Bitcoin halving occurs approximately every four years, reducing the block rewards miners receive by 50%. This mechanism is programmed into the Bitcoin protocol to control the coin’s supply and maintain its scarcity over time. With each halving, the…

In honor of the launch of the new project 10101.art, visitors will be able to see artworks by Picasso, Dalì, and Banksy, as well as become owners of some paintings in NFT format. Picasso, Dalì and Banksy as NFTs: 10101.art wants to make art accessible to everyone Picasso, Dalì and Banksy as NFTs: 10101.art leverages blockchain technology Banksy’s debut of “Turf War” in NFT format Picasso, Dalì and Banksy as NFTs: 10101.art wants to make art accessible to everyone On April 15, at the Monada Gallery of the Ritz-Carlton in Dubai, there will be the launch of 10101.art: the new…

Layer-1 blockchain Saga announced back in March that it was launching an in-house video game publishing division called Saga Origins. Now with the mainnet and SAGA token live, we have a clearer sense of what to expect from the upstart publisher. Saga CEO and co-founder Rebecca Liao set out the vision for the publishing arm in a recent interview with Decrypt’s GG, claiming that it is looking to publish games that are “provocative, expansive, [and] uncompromising.” This is a divergence from the typical approach in the Web3 industry, with many crypto games focused on inoffensive and often family-friendly experiences. Even…

In a comprehensive analysis of the cryptocurrency market, the European Securities and Markets Authority (ESMA) has revealed the highly concentrated nature of crypto trading and the potential risks it poses to the broader financial ecosystem. The report, released on Wednesday, comes as the European Union prepares to implement the world’s first extensive regulatory framework for cryptoassets, dubbed MiCA. According to ESMA’s findings, a mere ten exchanges handle approximately 90% of all cryptocurrency trades, with Binance, the largest exchange, accounting for an astonishing 50% of the market. The recent Finance Magnates Intelligence study confirms the market watchdog data, showing the increasing…

JPM says the odds of a spot ether ETF approval in May are still no more than 50%. There will likely be litigation against the SEC if the regulator doesn’t approve the products in May, the report said. Spot ether ETFs will eventually be approved, the bank said. Recent news that the U.S. Securities and Exchange Commission (SEC) is investigating companies associated with the Ethereum Foundation is consistent with the view that there is no more than a 50% chance of spot ether (ETH) exchange-traded fund (ETF) approval in May, JPMorgan (JPM) said in a research report on Thursday. The…