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.

Analysts Shared Their Expectations for Ethereum Following Ethereum ETF Approval! Here are the Details

Arthur Cheong, founder of DeFiance Capital, made a bullish prediction that Ethereum (ETH) will reach $4,500 before spot Ethereum exchange-traded funds (ETFs) trading goes live. DeFiance Capital Founder Predicts Ethereum to Reach $4,500 in a Short Time with Spot ETH ETF This optimistic outlook comes amid growing expectation in the crypto community regarding the potential impact of spot ETH ETFs on the market. A survey conducted by WuBlockchain within the Chinese crypto community reveals strong belief in Ethereum's bullish potential. According to the survey, 58% of respondents are confident that ETH can rise to $10,000 or above during this market…

EthereumMay 29

Dogecoin (DOGE) Non-Empty Wallets Skyrocket by 13.8% in Months

According to on-chain analytics firm Santiment, the number of non-empty Dogecoin wallets has increased by 13.8% over the past three months. This comes despite a recent flattening trend following an enormous rise earlier this year. The increase in non-empty wallets indicates sustained Dogecoin user activity, highlighting the enduring appeal of the iconic cryptocurrency. The rise in active wallets also indicates a sustained interest in the dog-themed cryptocurrency, even as the market experiences a phase of consolidation. This suggests that despite the lack of dramatic price action, the Dogecoin community remains active and may even be expanding. The Dogecoin price rallied…

AltcoinsMay 29

Archax and Fireblocks Forge Alliance to Expand Digital Asset Services

Digital asset custody services Archax has integrated Fireblocks, a platform for blockchain applications and digital asset management. This partnership aims to strengthen the security of Archax's operations and extend product offerings and market reach. According to the press release, this collaboration enables Archax to manage its treasury operations more efficiently and leverages Fireblocks' multi-layer security to safeguard customer funds. Archax is an FCA-regulated digital asset exchange, broker, and custodian. By integrating Fireblocks, Archax aims to benefit from the company's Multi-Party Computation (MPC) technology and Intel SGX. The company emphasized the importance of collaborating with technology providers to give customers broader…

ExchangesMay 29

Magic and Etherlink Unite to Elevate Web3 Development

New York – Magic, the wallet-as-a-service provider, has partnered with Etherlink, an innovative EVM-compatible Tezos Layer 2 solution. This integration promises to revolutionize decentralized application (dApp) development by combining Etherlink’s speed and cost-efficiency with Magic’s user-friendly wallet SDK. — This collaboration addresses key challenges in the blockchain industry by offering reduced transaction costs, faster speeds, and efficient resource utilization, all while maintaining decentralization and censorship resistance. Etherlink’s integration with Tezos as an "enshrined" rollup enhances its security and infrastructure, ensuring robust support for developers and dApps transitioning from the EVM space. Key Features of Etherlink Sub-Second Block Times: Quick transactions…

BlockchainMay 29

Has Bitcoin (BTC) Halving Event Priced in? Which Direction Will the Price Go?

According to Matt Balensweig, Head of BitGo Go Network, the upcoming Bitcoin halving event will bring about “real changes” in the supply and demand mechanics of BTC. Balensweig's comments add new perspective to ongoing rumors about whether the halving is already priced in. “Cryptocurrency investors and traders constantly ask the question ‘is the halving priced in?’ but it tends not to be priced in every cycle,” Balensweig said. He drew parallels with the spot Bitcoin ETF approval, which many investors believe is priced out. However, the Bitcoin price rose significantly in the first 60 days of ETF trading, indicating that…

BitcoinMay 29

How the Exclusion of Staking from Ethereum ETFs Could Enhance Resilience?

The SEC’s green light for Ethereum spot ETFs has been a big win for the crypto space, but the exclusion of staking from these ETFs could inadvertently benefit direct stakers and make Ethereum more resilient. The move presents both cause for excitement and strategic benefits within the Ethereum ecosystem; crypto journalist Laura Shin, who hosts the Unchained podcast, noted further on this: Boost for Direct Stakers One of the main implications of excluding staking from ETH ETFs is that direct stakers could benefit from higher returns. The staking rewards, around 3% APY, would not be available to holders of the…

EthereumMay 29

Cardano (ADA) faces ‘zombie’ accusations amid declined user activity

Forbes named multiple tokens, including Cardano (ADA), Ethereum Classic (ETC), and Ripple (XRP), as “zombie” projects. Sorry but I laugh. 🤣🤣🤣 Forbes has identified a group of 20 cryptos, dubbed “zombie blockchains,” that maintain high market valuations despite showing little to no real-world utility or user adoption. The list includes well-known names such as Ripple (XRP), Cardano (ADA),… — Gavel (@GavelCoding) April 28, 2024 That refers to blockchains struggling without signs of life with notable user bases and real-world utility. These assets display resilience and could even bring profits through significant ICOs and speculative trading but hardly attain their promises…

AltcoinsMay 29

Crypto Exchange Listing and Delisting Announcements: May 27, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXC Listings: ChainCross (CXT) 0xScans (SCANS) Homeety (HOM) BscSats (BSCSATS) Few and Far (FAR) Retik (RETIK) BladeSwap (BLADE) Babyshib (BABYSHIB) Sekuya (SKYA) Simpson Trump (SIMPSONTRUMP) Aped in Base (APEDBASED) GameStop (GSTOP) MAGA The Hat Movement (MAGAETH) Mistery On CRO (MERY) Ancient World (TAW) BNBS Coin (BNBS) DAppNet (DAPP) OnCall BETA (OBETA) Foxsy (FOXSY) LandWolf (LWOLF) HashPack (PACK) Eternal…

ExchangesMay 29

Nakamoto.Games Enhances Platform with AIOZ W3IPFS Integration

Nakamoto.Games, a prominent Web3 gaming hub, has announced its integration with AIOZ W3IPFS, a decentralized storage solution. This partnership leverages the AIOZ content delivery network (CDN), powered by over 170,000 DePIN nodes, enhancing the platform’s efficiency and security. https://t.co/aX0Os0ZGZQ — AIOZ Network (@AIOZNetwork) May 28, 2024 Boosting Game Performance and NFT Security The integration allows Nakamoto.Games, which features over 200 live games and boasts 650,000 registered users, significantly improves its gaming asset management. This upgrade is particularly beneficial for the platform’s NFT collections, which are crucial gaming assets. By utilizing AIOZ W3IPFS’s decentralized Pinning (DePIN) storage solutions, Nakamoto.Games can offer…

BlockchainMay 29

Legendary Trader Peter Brandt's Cryptic Comment Sparks Intrigue

Legendary trader Peter Brandt has sparked intrigue in the cryptocurrency community with his surprising comment regarding the XRP versus BTC chart. In a surprising and cryptic prediction, Brandt stated that the XRP/BTC chart was "headed to Antarctica," leaving investors and analysts puzzled about the implications of his statement. Headed to Antarctica $XRPBTC pic.twitter.com/FmfCAJXnKg — Peter Brandt (@PeterLBrandt) April 12, 2024 The statement "headed to Antarctica" could be interpreted in several ways. On the one hand, it might imply a cold, bearish outlook for the XRP versus BTC chart, suggesting that prices could plummet to new lows, much like the frigid…

BitcoinMay 29