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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.

Xverse wallet releases guide on Runes, preps for Bitcoin halving

Xverse Wallet introduces a detailed guide on Bitcoin Runes, providing insights into efficient token management on the Bitcoin blockchain post-halving. According to a guide from Xverse Wallet, Runes are fungible tokens issued on Bitcoin (BTC) using the Runes protocol. Casey Rodarmor introduced Runes last year as a streamlined alternative to the BRC-20 standard. The protocol aims to avoid network congestion by preventing junk UTXOs. Supported robustly by the community, the first Rune token, RUNE, was issued immediately after the announcement, with further developments, including a significant grant and a new issuance tool. As the halving approaches, the anticipation surrounding the…

Bitcoin

Ethereum ETF Applicants Ditch Staking Language in 'Temporary Concession' to SEC: Analyst

As the Securities and Exchange Commission (SEC) mulls applications for spot Ethereum ETFs—with analysts expecting approval as soon as this week—amended filings from several asset managers have dropped their language around staking. Staking refers to the process through which users delegate Ethereum tokens to the network in exchange for rewards. It became a core component of Ethereum’s security model with the network’s long-planned shift to a proof-of-stake consensus model in 2022. Fidelity dropped language regarding the staking of customer funds in its proposed ETF, submitting an amended filing on Tuesday. The measure mirrored a similar move made by Ark Invest/21…

Ethereum

AEVO and PYTH To Inject Over $1B Each Into The Crypto Market in May

According to Token Unlock, the platform that provides information on how restricted tokens are introduced into the crypto market, not less than 20 crypto projects will release tokens worth over $10 million in May. The platform’s data shows that the projects will cumulatively release up to $3.661 billion into the crypto market in May. According to TokenUnlocks, the large-amount unlocks in May (unlocked amount greater than $10m) include DYDX ENA SUI MEME GAL MAVIA APT STRK AEVO ARB APE IMX ROSE PIXEL PYTH AVAX ID YGG OP PRIME, etc., with an unlock value of over 3.661 billion US dollars. Among…

Altcoins

Binance Web3 Wallet Launches Simple Yield and Yield Plus to Boost User Earnings

In a move set to revolutionize user earnings, Binance has unveiled significant updates to its Web3 Wallet, including the introduction of two new features: Simple Yield and Yield Plus. These additions aim to enhance the earning potential for users within the Binance app by streamlining and optimizing the process. The revamped Earn section of the Binance Web3 Wallet now boasts an array of user-centric improvements and robust features. The Simple Yield feature simplifies earning yields on digital assets, making the process accessible and straightforward. Users can begin generating passive income quickly and easily through protocols like Venus and Aave, without…

Exchanges

Crust Network Announces Integration with BASE to Offer Matchless Decentralized Storage

Crust Network, a prominent platform that offers decentralized storage for Web3 users, has recently announced an exclusive integration. As per the company, it is integrating with BASE (an Ethereum-based layer 2 chain offering cost-efficient, secure, and developer-friendly on-chain development) to provide matchless decentralized storage. The platform revealed this development on the social media platform X. 🌟Exciting news! Crust Network is now integrated with @base, bringing seamless decentralized storage to the ecosystem. With Crust Files and Crust Cloud supporting #BASE, developers and users can enjoy a secure, efficient storage experience. ⬇️Log in with your BASE wallet and… pic.twitter.com/QX9zw67Ync — Crust Network…

Blockchain

Bitcoin Whale Snaps Up $16 Million Worth of BTC Following Price Crash

According to analytics company Lookonchain, a major Bitcoin whale has managed to accumulate $16 million worth of Bitcoin (BTC) again after the market experienced a severe drop. This is the third time that the whale in question has gone on a significant accumulation spree, according to the firm. Overall, they have managed to accumulate $59 million since the start of December. Earlier today, CryptoQuant CEO Ki Young Ju revealed that new Bitcoin whales now hold 9% of Bitcoin's total circulation supply, amounting to a whopping $1.8 million BTC. However, according to IntoTheBlock, Bitcoin whales are yet to start buying en…

Bitcoin

Peter Schiff Explains Why Bitcoin Bulls Should Be Worried

Gold bug Peter Schiff has warned Bitcoin bulls that the expected approval of spot Ethereum ETFs is going to be bearish for the leading cryptocurrency. According to Schiff, any money that moves into Ethereum ETF will "most likely" come from spot Ethereum ETFs that were launched earlier this year to much fanfare. "Investors who decided to make an allocation to crypto won't increase that allocation to buy Ether," Schiff added. As reported by U.Today, the U.S. Securities and Exchange Commission suddenly made a shocking U-turn on spot Ethereum ETFs just days before it was widely expected to reject them. Fidelity…

Ethereum

Showcasing RWA Tokenization in Abu Dhabi

IOTA at AIM Congress 7-9 May 2024, Plus Pre-Event Workshop 6 May Join IOTA at AIM Congress in Abu Dhabi on 7-9 May 2024 plus a special pre-event day on May 6, to explore RWA tokenization, with workshops led by Dominik Schiener and real-world use case demonstrations at our booth alongside Ecosystem Partners. IOTA is proud to be an Official Strategic Partner of AIM Congress, one of the Middle East’s leading investment platforms attracting corporate and business leaders, policymakers, regional and international investors, and entrepreneurs. IOTA will be a major presence in the Future of Finance track, where we’re looking…

Altcoins

Shift Markets Launches New White Label Crypto Derivatives Platform

Today marks a significant milestone for the digital trading industry as Shift Markets unveils its new Crypto Derivatives Trading Platform. This leading white label solution allows exchanges and brokerages to quickly and efficiently break into the crypto derivatives market. With advanced tools for leveraged trading and sophisticated order types, the platform provides market participants a comprehensive solution to effectively operate and expand their presence in the rapidly growing digital asset market space. Advanced Trading Framework with High-Level Customization The Crypto Derivatives Platform is engineered to surpass the increasing technical requirements of brokerages and exchanges, offering a high level of adaptability…

Exchanges

Prom Integrates MVL Into Its Ecosystem

Prom, a major service provider of blockchain, has announced to integration with MVL which marks a major milestone for Web3 mobility solutions. MVL ‘s innovative approach to the mobility industry has earned its reputation, by making use of blockchain technology to integrate and upgrade all kinds of mobility services. Prom has been in the news regularly now a days with its latest integrations. Its recent integration with Chainspot is of utmost significance. Prom Integrates MVL Into the Ecosystem Another significant addition to our ecosystem, meet @mvlchain, a Web3 mobility ecosystem. MVL is revolutionizing the mobility industry by utilizing blockchain technology…

Blockchain