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.

Michael Saylor Sends Out Cryptic Bitcoin Message, Community Abuzz

Founder and former CEO of MicroStrategy giant, who now heads its BTC investment strategy, Michael Saylor, has taken to his account on Twitter/X to make the crypto community face his new Bitcoin-dedicated post. Bitcoin community reacts to Saylor's post Michael Saylor’s tweet once again contained one short line and an image generated by an AI-powered app. “What has been seen cannot be unseen. #Bitcoin,” he tweeted. The image shows an eye on the face of an android drawn in cyberpunk style with a BTC sign on that eye. What has been seen cannot be unseen. #Bitcoin pic.twitter.com/M4cdPUIW9A — Michael Saylor⚡️…

BitcoinMay 26

Here’s The Number of Ethereum Holders in Profit as ETH Surges to $3.8K

Ethereum’s (ETH) dramatic rally to the $3,700 price zone has put a substantial portion of the cryptocurrency’s holders in profit, boosting their investment returns significantly. According to a tweet by IntoTheBlock, 90% of market participants holding ETH are currently in profit, while the remaining 10% are at the money. No ETH holder is at a loss, at the time of writing. 90% of ETH Holders in Profit Monday was an eventful trading day for ETH as the asset rallied 10% in 25 minutes, surging past $3,150 to $3,450. At press time, the crypto asset had risen to $3,790, indicating a…

EthereumMay 26

HashKey Withdraws 178,126 $PENDLE Tokens from Binance Amid Price Drop

In a recent transaction reported by SpotOnChain, HashKey has withdrawn an impressive amount of 178,126 $PENDLE tokens from the Binance exchange for almost $771,000, given that the withdrawal was carried out just 30 minutes ago and for a token price of $4.33. The decision to withdraw was made following a rapid decline in the value of $PENDLE, reaching 17% within 24 hours due to the publication of news about the airdrop of the EigenLayer. HashKey (@HashKeyGroup) withdrew 178,126 $PENDLE ($771K) from #Binance at $4.33 30 mins ago, after the price dropped ~17% as affected by #EigenLayer airdrop news. Now, the…

AltcoinsMay 26

Ethereum ETF Approval Is 'Last Dam to Be Broken' for Entire Crypto Industry: Anthony Pompliano

Angel investor and entrepreneur Anthony Pompliano, who is also a renowned Bitcoin supporter, has published a tweet about his take on the impact that an approval of the Ethereum ETF is likely to have. In the meantime, according to a recent report, the odds of the regulator approving spot Ethereum ETFs have increased to 75%. Still, not all cryptocurrency influencers expect these ETFs to get the green light. "The last dam to be broken" for crypto Prominent Bitcoin advocate Pompliano, who holds BTC and has launched several business projects in the crypto space, tweeted that if the SEC decides to…

EthereumMay 26

Solana’s Meteoric Rise Revealed in Visa’s Latest Stablecoin Report

Solana leads stablecoin exchanges, outperforming Ethereum and Binance Smart Chain. Visa’s report highlights Solana’s fast development, with a 42.3% share in March 2024. Concerns persist over Solana’s transaction authenticity amidst dominance in stablecoin volume. In spite of confronting different challenges and showcasing variances, Solana proceeds to fortify its position within the competitive blockchain scene. Solana (SOL) has as of late been within the highlight of Visa, a worldwide payments technology company, due to its fast development within the stablecoin advertise. Agreeing to the Visa Stablecoin Dashboard, Solana has seen a surge in stablecoin exchanges, especially USDC (USD Coin), a stablecoin…

AltcoinsMay 26

Insights on Bitcoin Halving and Digital Asset Evolution from Gnosis Pay CEO, Marcos Nunes

With the Bitcoin halving rapidly approaching, the excitement surrounding this event extends beyond mere market speculation. Marcos Nunes, the CEO of Gnosis Pay, offers insightful commentary on the profound implications of this milestone and the transformative role of digital assets in the global financial landscape. — Marcos begins by highlighting the significance of Bitcoin and digital assets, emphasizing their broader impact beyond conventional payment methods. In countries grappling with economic instability and hyperinflation like Argentina, Bitcoin serves as a lifeline for millions, offering stability amidst financial turmoil. Beyond facilitating transactions, digital assets represent a refuge for individuals navigating volatile economic…

BitcoinMay 26

Crypto Trader Bets Big on Ethereum, Hints at ETF Approval

Prominent crypto trader James Fickel engaged in a recent transaction that suggests a bullish outlook on Ethereum compared to Bitcoin. The move has fueled speculation about Fickel’s optimism regarding the potential approval of Ethereum ETFs by the SEC. As the #SEC requires exchanges to expedite the update of 19B-4 documents on $ETH #ETFs, the probability of approval of $ETH #ETFs has greatly increased. James Fickel(@jamesfickel) continued to borrow 350 $WBTC($25M) from #Aave and exchanged it for 6,905 $ETH to go long the… pic.twitter.com/IYFmQyHVIP — Lookonchain (@lookonchain) May 21, 2024 According to data sourced from Etherscan and shared by crypto analytics…

EthereumMay 26

Tether takes massive swipe at Ripple

Not long after blockchain company Ripple announced that it would launch its own stablecoin, pitting it against the likes of Tether (USDT) and Circle, the issuer of USD Coin (USDC), the Tether team made a snarky comment suggesting its competitor had been unsuccessful in its stablecoin endeavors so far. As it happens, Ripple CEO Brad Garlinghouse earlier told CNBC that his company decided to introduce the stablecoin in response to the ‘depegging’ of rival firms’ assets and that the competition was no deterrent, to which a Tether spokesperson replied that: “We wish Ripple’s team would have more success with their…

AltcoinsMay 26

Bitcoin Exchange Binance Announces It Will Support Network Upgrade and Hardfork of This Altcoin!

Binance, the leading global cryptocurrency exchange, announced support for the upcoming Neo (NEO) network upgrade and Hardfork. Binance Will Support Neo (NEO) Network Upgrade and Hard Fork To facilitate this transition, Binance will temporarily suspend token deposits and withdrawals on the Neo network starting approximately 27-05-2024 08:00. The network upgrade and hard fork is planned to occur at block height 5,450,000. During this period, Binance will ensure a smooth and efficient process for its users by ensuring that all technical requirements are met. Important Details: Uninterrupted Trading: Token trading on the Neo network will continue without any interruption during the…

ExchangesMay 26

"This Cycle is Very Different from Others!"

While the leading cryptocurrency Bitcoin and altcoins are facing sharp declines, investors are currently focused on the Bitcoin Halving, which has a very short time left. Investors are asking one question regarding the Halving: “What will the Halving mean for the price of the cryptocurrency?” happened. At this point, experienced cryptocurrency analyst Noelle Acheson, in her recent analysis, compared previous cycles in Bitcoin and argued that Bitcoin could rise to $ 450,000 next year after this halving. Noelle Acheson pointed out that historically the Bitcoin price has increased after the previous three halvings and stated that it will experience a…

BitcoinMay 26