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Author: 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.

Crypto Author Suggests Main Solution to Lead to XRP Ledger Mass Adoption

Prominent crypto author Panos Mekras has identified built-in account abstraction as the primary solution that will lead to mass adoption of XRP Ledger (XRPL). Mekras recently made this proposition on X, bringing it to the attention of Ripple engineers such as Mayukha Vadari and CTO David Schwartz. The XRP Ledger needs a built-in account abstraction solution! The main solution that will lead to mass adoption. A solution that can allow an account (especially useful for projects) to pay for tx fees and reserves for other accounts, and maybe even reduce or remove completely… — Panos 🔼{X} (@panosmek) April 28, 2024…

Altcoins

Bitcoin Loses Important Support At $66,000 And Starts To Fall

The uptrend of the Bitcoin (BTC) price has come to an end as it has dipped below the moving average lines. BTC price analysis by Coinidol.com. Long-term forecast for the Bitcoin price: bearish The price of the cryptocurrency has been pushed away from the $72,000 barrier zone. Since March 14, the largest cryptocurrency has been trading in a sideways trend, hovering between $66,000 and $72,000 in anticipation of a bull market. Buyers made several futile attempts to resume the uptrend but were rebuffed. Bitcoin fell considerably to a low of $61,593 as bulls bought dips. Selling pressure will continue as…

Bitcoin

what will be the price predictions for 2025?

Ethereum developers have decided to launch the Pectra update by Q1 of next year, so what will be the price predictions for ETH in 2025? Ethereum: the price predictions for 2025 in view of the launch of the Pectra update Ethereum: what is the Pectra update? ETH price predictions for 2025 Ethereum: the price predictions for 2025 in view of the launch of the Pectra update Cambiamenti in vista per l’ecosistema Ethereum, che porteranno anche a nuove previsioni di prezzo per ETH per il 2025. In practice, during a meeting of the execution layer, the Ethereum developers decided to launch…

Ethereum

Bitcoin and Ethereum ETFs to Start Trading in the UK

The UK's financial regulator, the Financial Conduct Authority (FCA), has taken a significant step towards aligning the UK with other financial centers in the field of digital assets by approving the first cryptocurrency ETPs. WisdomTree Inc, a leading asset management firm, has announced that it has received approval from the FCA to list a pair of hard-backed crypto ETPs tracking Bitcoin and Ethereum on the London Stock Exchange. These products could begin trading as early as May 28, the company stated in a press release on Wednesday. In a separate statement, Invesco Digital Markets also confirmed that it has received…

Regulation

Alchemy Pay Partners with TOPGOAL, Streamlining Token Purchases for Web3 Sports Enthusiasts

In a strategic move to enhance accessibility and streamline user experience within the rapidly expanding Web3 sports gaming landscape, Alchemy Pay has unveiled a pivotal partnership with TOPGOAL, a pioneering AI-powered sports gaming ecosystem. This collaboration aims to revolutionize the acquisition of digital assets within TOPGOAL’s innovative platform, particularly its native token $GOAL, facilitating seamless integration and effortless token purchases for users. The cornerstone of this partnership lies in the integration of Alchemy Pay’s ramp directly into TOPGOAL’s web portal. This integration empowers users with the convenience of acquiring $GOAL tokens through their preferred fiat payment methods, thus eliminating the…

Altcoins

No vote needed for SEC approval of Ethereum ETF in positive sign for other cryptocurrencies

The SEC approved Ethereum ETFs through delegated authority, a decision that could significantly impact the crypto market. Unlike the Bitcoin ETF approval in January, which required an SEC vote, this approval did not undergo a public voting process by commissioners. This method of approval, as noted by James Seyffart, means any commissioner, such as Crenshaw, can request a review, though it would not alter the decision. The lack of a public vote has raised questions about the political forces within the SEC. Seyffart highlights that while delegated authority is the norm for many decisions, the lack of transparency in this…

Legal

Alan Howard-Backed Elwood Technologies in Talks to Sell Part of the Business: Sources

Elwood is in talks to sell part of the business, focusing more on the portfolio management and risk management services and less on the trading side, according to sources. The current reorganization of hedge fund manager Alan Howard's portfolio of crypto investments has resulted in changes at Elwood, a source told CoinDesk. Elwood Technologies, the cryptocurrency-focused trade execution and risk management platform backed by billionaire hedge fund manager Alan Howard, is in talks to sell part of the business, according to four people with knowledge of the situation. Elwood has re-evaluated its road map and is focusing on its existing…

Regulation

Shiba Inu (SHIB) Team Gives Crucial Statement on ShibaSwap and Shibarium

The Shiba Inu (SHIB) community has announced a pivotal expansion strategy, aiming to broaden the horizons of its ecosystem. The move, unveiled by Shiba Inu's marketing lead Lucie in a recent X post, sheds light on the imminent expansion of ShibaSwap, the DeFi platform synonymous with the Shiba Inu ecosystem, to both Ethereum and Shibarium chains. ShibaSwap, a cornerstone of the Shiba Inu ecosystem, is designed to amplify the utility and functionality of the SHIB token ecosystem. Offering a spectrum of services, including staking, liquidity pools and yield farming, ShibaSwap has been instrumental in enhancing the ecosystem's vitality. The latest…

Altcoins

Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness

Thursday’s money laundering trial against Binance in Nigeria was postponed till June 20. Tigran Gambaryan, Binance’s compliance head, was seriously ill and needed medical attention. A Nigerian court on Thursday adjourned the money laundering trial against Binance and two of its executives to June 20 as one of the executives was ill, a family spokesperson for the executives told CoinDesk. Tigran Gambaryan, a U.S. citizen and Binance’s head of financial crimes compliance, was charged with both tax evasion and money laundering along with his employer. Gambaryan is “very ill and requires comprehensive medical attention,” his lawyer said in a letter…

Legal

Bitcoin (BTC) Loses 30% to Gold

Bitcoin recently experienced a flash crash, descending to just above the $61,000 mark. According to Peter Schiff, this price equates to approximately 26 ounces of gold. A famous Bitcoin critic Peter Schiff highlighted that at its peak two and a half years ago, one Bitcoin was equivalent to 37 ounces of gold. Schiff points out this 30% decrease as a clear sign of Bitcoin entering a bear market, at least when measured against the traditional safe-haven asset, gold. His past recommendations to choose gold over Bitcoin when the latter was trading below the $20,000 level have been met with criticism,…

Bitcoin