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.

Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet

Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new version of the mentioned client ships with a central scheduler that aims to reduce congestion by increasing fee collection and reducing conflicting transactions. Anza is calling for increased testing on this functionality. Anza Calls for Central Scheduler Testing on Solana Solana engineers are testing one of their definitive weapons to fight network congestion. Anza, a group of software developers behind the Solana client, has recommended the implementation of Agave v1.18.12 into the network’s devnet and testnet. The new version includes…

AltcoinsMay 29

Crypto Whales Sold Holdings Before the Market Crash

In the last 24 hours, Bitcoin and altcoins encountered significant volatility, resulting in a notable decline, with the overall crypto market capitalization dropping by approximately 8%, settling at $2.53 trillion. This swift market fluctuation may have taken many retail traders by surprise. However, insights from on-chain data reveal that certain large-scale investors, colloquially known as crypto whales, foresaw the downturn and offloaded a substantial portion of their holdings. Crypto Whales Offload Holdings On-chain analysts reported that several institutional investors strategically sold portions of their holdings during the market downturn. Four crypto whales collectively offloaded 31,683 ETH, valued at approximately $106…

BitcoinMay 29

Cosmos Enters NFT Market with Stargaze

Cosmos is set to enter the interchain NFT market with Stargaze, a new addition to its ecosystem. Stargaze is a decentralized application chain developed on the Cosmos SDK with a primary focus on NFTs. Its purpose is to facilitate the expansion of the interchain economy through an easy-to-use NFT marketplace. This platform benefits all creators, traders, and developers by implementing on-chain royalties and zero gas fees for minting and trading; extra rewards from protocol fees for stakers. 2/ Stargaze pioneers interoperability & modularity with IBC and CosmWasm, enabling secure smart contracts in Rust. It simplifies NFT creation and supports Interchain…

NFTMay 29

ETH team lead says most ETH clients ‘very aggressively’ delete old data

Ethereum team lead Péter Szilágyi says many Ethereum clients “very aggressively” delete old chain segments, raising questions about network dependency on Geth. Ethereum software client Geth (also known as Go Ethereum) remains a focal point of discussion, as Ethereum team lead Péter Szilágyi raised concerns about the increasing reliance on Geth, emphasizing the broader implications for data availability and network decentralization. I wanted to do a direct reply, but figured this is an interesting thing to expand a bit, so here's a top level tweet instead. Bitcoiners forever hated us because we redefined what full nodes meant (for us). We…

EthereumMay 29

Here’s How Much DYDX Has Evolved Since its Launch

DYDX, the native token of the dYdX Chain, has evolved from a governance-only coin to a dynamic, multifaceted asset within six months of its launch. According to a blog post by the dYdX Foundation, DYDX has become the powerhouse of the layer-1 blockchain, enabling decentralized governance and allowing users to stake their tokens for rewards. A Timeline of DYDX’s Launch DYDX was launched in October 2023 alongside the dYdX Chain. Before that, the dYdX Foundation had launched DYDX (now ethDYDX) in August 2021. ethDYDX serves as a governance token for the Ethereum-based layer-2 protocol dYdX v3. In September 2023, the…

AltcoinsMay 29

A Tale Of 2 Emotions – Will FOMO Or FUD Rule The Market?

As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements in the volatile crypto market, sparking both FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, Doubt) among investors. Related Reading: Uniswap Bloodbath: UNI Price Crashes 16% On SEC Lawsuit Fears Social Media Surge Fuels Speculation On Bitcoin’s Fate The surge in social media chatter…

BitcoinMay 29

Are NFTs Dead? OpenSea CEO Weighs In

In an exclusive interview with BeInCrypto, Devin Finzer, co-founder and CEO of OpenSea, discussed the state of NFTs and the future of the digital marketplace. Amid speculations about the decline of NFTs, Finzer provided a clear vision of continued growth and innovation. The Rise of Gaming and Physically Backed NFTs Finzer highlighted that NFTs are not dead. In fact, gaming and physically backed NFTs are areas of growing interest among market participants. For this reason, OpenSea has partnered with Courtyard on projects involving Pokémon cards and with leading game developers like Parallel and Revolving Games. “We see emerging use cases…

NFTMay 29

Key Technical Indicators and On-Chain Insights

Following Ethereum’s (ETH) recent ETF approval, the price has seen a steady incline. Is there more room for growth? BeInCrypto looks at how institutional interest and key market trends are shaping a bright future for ETH. Technical Outlook for Ethereum Ethereum (ETH) currently trades at $3,902, demonstrating robust bullish momentum. The price is well above the Ichimoku cloud and the 100-day EMA (currently at $3,175), indicating sustained upward pressure. ETH/USDT (1D). Source: TradingView Support levels are established at $3,575 and $3,400, while resistance levels are identified at $4,134 and $4,390. The formation of higher highs and higher lows confirms the…

EthereumMay 29

Bitcoin (BTC) Halving Might Bring Suffering in Short Term, Analyst Charles Edwards Says

As the fourth Bitcoin (BTC) halving is getting closer, cryptocurrency analysts publish various forecasts about its potential impact on the digital asset market. While most of the forecasts are bullish, some theories might sound alarming for miners. "Many will suffer": Charles Edwards on Bitcoin (BTC) halving In general, the halving of miner rewards is great for Bitcoin (BTC) and the entire cryptocurrency segment in the long run. At the same time, its short term outcomes might be painful for some actors within the BTC ecosystem, Capriole Investments' founder Charles Edwards says on X. Long-term, the Halving is great for Bitcoin…

BitcoinMay 29

Unstoppable Domains and NFT Workx Introduce Tokenized Identity Domain for Real World Assets

Las Vegas — NFT Workx, a leading network for tokenizing real-world assets, is teaming up with Unstoppable Domains to unveil the pioneering ".WRKX" domain, marking a significant leap forward in tokenized identity solutions for Real World Assets (RWAs). — NFT Workx specializes in tokenizing physical assets through its eCommerce platform and mobile app, as well as major eCommerce platforms like Shopify and WooCommerce. Every purchase made on the platform results in a unique digital collectible, providing buyers with proof of authenticity and transaction traceability. ".WRKX," the newly introduced top-level domain (TLD), serves as a tokenized identity solution, offering customer loyalty…

NFTMay 29