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.
Top market analyst Ali Martinez has revealed the quantity of Bitcoin (BTC) to buy at each price level in his newly unveiled Dollar Cost Averaging (DCA) strategy. With the price of Bitcoin yet to find defined support amid the ongoing correction, some investors seek ways to leverage the price discount. However, some market experts advocate the dollar cost-averaging approach for those looking to augment their holdings. This system involves buying Bitcoin with a smaller yet fixed dollar regularly, at different price levels. With DCA, traders “apply value investing principles to regular investment.” The Martinez Strategy As outlined by the Ali…
The total value of assets locked on Shibarium, the Shiba Inu layer-2 network, has hit a new high as investors continue to back the ecosystem. The price of Shiba Inu has caught the eye recently, with a triple-digit increase in the past month. At the same time, the increased attention around the project has also led to greater usage and capital injection into Shibarium, Shiba Inu’s layer-2 network. According to data from DefilLama, the total value of assets locked (TVL) on the network surged to a new high of $2.25 million on March 5. The figure represented a more than…
Illuvium, a leading name in digital world-building, has partnered with technological titan Samsung. This collaboration marks a pivotal moment in the convergence of digital landscapes and physical technology, promising to usher in a new era of engagement and immersion for users around the globe. Illuvium x @Samsung : Bridging the Digital and Physical Worlds🌉Leaders in Entertainment Join Forces! We’ve partnered with @Samsung to bring Illuvium to homes around the globe! Get ready for a collaboration that combines the best of cutting-edge technology. The future is… pic.twitter.com/FmGIOjdplh — Illuvium (@illuviumio) April 9, 2024 The partnership is more than a simple collaboration;…
The Dollar Era is Over! The Bitcoin Era has Begun! BTC Purchases Have Peaked in This Country!
Although Bitcoin has been in a downward trend lately, there is no decrease in interest in BTC. Because Bitcoin purchases have peaked in Argentina, one of the countries with very high inflation. According to Bloomberg, Bitcoin purchases in Argentina increased by 100% last week, as inflation reached 276%. Citizens of the country buy Bitcoin instead of exchanging it for dollars in order to maintain the value of the peso, the fia currency, which is melting in the face of high inflation. At this point, Bitcoin purchases in Argentina, one of the countries that have adopted Bitcoin at the highest level…
DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The protocol tops up investor returns through market-making yield, spreading investors’ assets across multiple pre-defined protocols. Yield On Top Of Yield Market making is when DeFi users provide liquidity to decentralized exchanges, allowing fellow crypto buyers to easily find sellers, and vice versa. Market-making yield can come from one of two sources: trading/swap fees, or intrinsic token rewards. Per a press release shared with CryptoPotato, Swaap Earn liquidity providers earn “superior yield” by depositing their assets…
FLOKI Achieves $756M TVL, surpassing major memecoins combined. In addition, $3.2M FLOKI was burned in a week through strong demand. FLOKI trends as the world’s most popular cryptocurrency. In a remarkable surge, FLOKI has once again shattered records, crossing an ecosystem Total Value Locked (TVL) milestone of $756 million. This achievement comes just two days after the crypto set a previous record of $658 million, showcasing its rapid growth and strong fundamentals. FLOKI CROSSES ECOSYSTEM TVL OF $756M—ANOTHER ALL-TIME HIGH#Floki has just surpassed a record TVL of $756M across two of its key ecosystem products, just 2 days after its…
As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data compiled by a local crypto exchange Lemon Cash. Lemon Cash’s data reveals a significant uptick in Bitcoin transactions, nearing their highest weekly value in 20 months. The surge appears to coincide with President Javier Milei’s implementation of shock therapy policies aimed at revitalizing the economy, prompting Argentines to seek alternative means of financial security. You might also like: Argentine president…
Crypto news: MakerDAO has increased the debt ceiling to 1 billion dollars for Dai allocations in the USDe and sUSDe markets through Ethena on Morpho. Initially, the allocation planned for these markets was 600 million dollars. Let’s see all the details below. Ethena on Morpho exploits MakerDAO’s debt increase: impact on the crypto ecosystem Tensions in DeFi: Aave DAO challenges MakerDAO with reform proposals Ethena on Morpho exploits MakerDAO’s debt increase: impact on the crypto ecosystem As anticipated, MakerDAO has ratified a governance decision aimed at expanding the debt ceiling of its direct deposit module up to 1 billion dollars…
Shiba Inu (SHIB) is starting the week off with a mix of a positive uptick in its burn rate and a slight slump in price to show a visibly dynamic ecosystem. Shiba Inu burn rate metric Data from Shibburn pegs the total number of incinerated tokens at 298,761,752 SHIB, with a 438.17% jump in the past 24 hours. This burn rate is a decoy, considering the SHIB burn rate has been growing remarkably over the past week. Members of the Shiba Inu ecosystem have been proactive with the burning of SHIB since the start of this year. The collective effort…
Immutable Games, the publisher of Ethereum NFT card game Gods Unchained, announced Monday that it will release an expansion pack called Dread Awakening, which will feature a crossover with the upcoming mobile role-playing game Guild of Guardians. The Dread Awakening set, slated to drop on April 23, will include 148 cards minted on Immutable X, an Ethereum scaling network originally created by the publisher. Guild of Guardians, also from Immutable Games, is set to hold its global launch on May 15. “This was a really fun expansion for us to work on because we’ve been able to lean into the…