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.

Lista DAO Announces Latest Partnership with Stakestone

Lista DAO, a permissionless, simple, and secure platform for stablecoins lending and liquid staking solutions, has commenced a new collaboration. According to the firm, as a part of the latest partnership, Lista DAO is introducing partnership with Stakestone (a cutting-edge Liquid Staking Token platform). The company provided the details of this initiative in a comprehensive blog post. Lista DAO and Stakestone Join Forces to Revolutionize the DeFi Sector Along with expressing its enthusiasm concerning the collaboration, the platform labeled it as a chief move forward. As per it, this development will potentially make a significant contribution to fulfilling its commitment.…

DeFiMay 28

Ether Nears $4,000 as Regulatory Developments Spark Market Optimism

Ether (ETH), the native token of the Ethereum blockchain, the second-largest cryptocurrency by market capitalization, is experiencing a significant rally, with its price surging close to the $4,000 mark. The bullish momentum has been fueled by technical factors, regulatory developments, and increased institutional interest in cryptocurrency. Why Ethereum is Rallying The recent price surge can be attributed to several key factors. Technically, Ethereum has broken out from a falling wedge pattern, signaling a bullish reversal and the potential for further price increases. The cryptocurrency has also flipped key resistance areas into support, reinforcing the bullish trend. On the regulatory front,…

EthereumMay 28

These 3 Companies Want to Offer "Stablecoin-as-a-Service" in Japan

Nomura Holdings, Inc., a global financial services group, and its digital asset subsidiary, Laser Digital Holdings AG, have announced a strategic partnership with GMO Internet Group, Inc. to explore the issuance of Japanese yen (JPY) and US dollar (USD) stablecoins in Japan. This collaboration aims to leverage each company's experience to provide a secure stablecoin solution for the Japanese market. GMO Internet Group, through its US subsidiary GMO-Z.com Trust Company, Inc., has a proven track record in issuing stablecoins on major blockchains such as Ethereum, Stellar, and Solana. The company operates a digital currency management system supporting multiple technological platforms…

RegulationMay 28

Mantle Network (MNT) Users Earn $1.19M in Ethena (ENA) Rewards

In a groundbreaking development within the realm of decentralized finance (DeFi), Mantle Network (MNT) users have earned a staggering $1.19 million in Ethena (ENA) rewards. This monumental achievement underscores the burgeoning potential of decentralized technologies and their capacity to generate substantial returns for participants. The news broke via a tweet from Lookonchain, a prominent analytics platform in the blockchain space, heralding the success of eight users who staked over 1 million MNT tokens in the Mantle Reward Station. In return for their commitment, these users received a collective sum of 1.42 million ENA tokens, equating to an impressive average Annual…

AltcoinsMay 28

How to Set Up a Bitcoin Node: A Guide for Beginners

The Bitcoin network and its community of users is sprawling and diverse. Fans of the top cryptocurrency can participate beyond mining or inscribing dog pictures or video games by setting up a Bitcoin node, which are essential infrastructure to keep the OG blockchain decentralized and running. What is a Bitcoin Node? While all Bitcoin miners are nodes, not all nodes are miners. A Bitcoin node validates transactions and can run on any computer with the capacity to store a copy of the full Bitcoin blockchain. Currently the Bitcoin ledger weighs in at about 500 GB. A miner, on the other…

BitcoinMay 28

Anodos to Introduce Institutional DeFi to the XRP Ledger

Anodos, an XRPL-based Web3 protocol, is looking to introduce institutional DeFi to the growing XRP Ledger ecosystem. Introduced in 2012, the XRP Ledger has not advanced in infrastructure as much as its major competitors, such as Ethereum and Stellar, despite these chains launching years later. For instance, the Stellar network welcomed smart contracts capabilities in February. Meanwhile, the XRPL is yet to implement Hooks on the mainnet. Anodos’ Paridim to Introduce Institutional DeFi on the XRPL Additionally, institutional DeFi on the XRPL remains an untapped territory. Anodos, a Web3 utility resource built atop the XRP Ledger, is looking to explore…

DeFiMay 28

Ethereum set for bull run, but short-term struggles expected: Kaiko

Last week marked a significant shift in the market sentiment for Ethereum (ETH) following the SEC’s unexpected approval of spot ETH exchange-traded funds (ETFs), and market data suggests that ETH is headed for a bull run soon, according to a report from on-chain analysis firm Kaiko. The SEC’s decision came through the approval of 19b-4 filings from major exchanges including NYSE, Cboe, and Nasdaq. This pivotal step precedes the review of S-1 forms from issuers such as BlackRock, Fidelity, and VanEck, with the commencement of trading in ETH ETFs pending these approvals. “With these approvals, the SEC implicitly stated that…

EthereumMay 28

Chainge receives $13m investment to enhance cross-chain trading

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainge secures a $13 million investment from GEM Digital and Alpha Token Capital to enhance cross-chain trading efficiency and accessibility. Chainge, a trailblazer in the cross-chain trading space, has announced a significant milestone with a $13 million investment commitment from two prominent digital asset investment firms. GEM Digital Limited, based in The Bahamas, has pledged $10 million, while Alpha Token Capital (ATC) has invested $3 million in Chainge’s mission to change the long tail exchange market. The substantial investment…

RegulationMay 28

PYTH Prepares for Massive $1.24B Token Unlock, Doubling Circulating Supply

As April winds down, the crypto market gears up to witness a significant influx of unlocked tokens worth billions of dollars from crypto projects like Pyth Network in May. Token.Unlocks data shows dYdX (DYDX) has the earliest unlock schedule, with $69.33 million set to be released on May 1 for investors, founders, and future employees. Ethena, the team behind USDe stablecoin, will also unlock ENA tokens worth over $53.6 million on May 1. Following closely is MEME, with a more substantial $136.87 million to be unlocked on May 3. Of this value, 3.45 billion MEME tokens valued over $88 million…

AltcoinsMay 28

Bitcoin Falls 8%, Drops Below $62K Before Rebound

Bitcoin (BTC) and the broader cryptocurrency market fell nearly 10% on Saturday, with the price of the largest digital asset briefly falling below $62,000 before recovering to around $64,000 as of press time. It wasn't alone: other major digital assets saw similar falls over the past 24 hours, including ether (ETH), which fell 7% to just under $3,000, BNB (BNB) (down 9%) and solana (SOL) (down 12%), according to CoinGecko. Trading volume has risen over that same time period. The decentralized finance (DeFi) sector has been hit particularly hard as a result of the market chaos, with depressed prices forcing…

BitcoinMay 28