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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.

Tron Founder Says Memecoins Are Here to Stay with Community Participation

Justin Sun, the founder of TRON, has recently reaffirmed his support for the meme coin sector. As per the famous entrepreneur, although memecoins appear unconventional, they represent the potential of the community within the broader crypto market. He said this in an interview at the TOKEN2049 event. His latest post on the official X account also presents him discussing the role of these tokens in the crypto industry. He mainly referred towards Shiba Inu and Floki. Meme coins may seem unconventional, but they highlight the power of community in crypto. Building a successful project, meme-based or not, takes dedication. Let’s…

Altcoins

Grayscale Updates Filing for Ethereum Mini Trust

Grayscale has filed an amendment version of its 19b-4 form for its Ethereum Mini Trust application The leading cryptocurrency asset manager initially filed the form on Tuesday. Earlier today, Nasdaq also submitted its updated 19b-4 form for the Ethereum ETF product proposed by financial behemoth BlackRock. As reported by U.Today, the sudden and shocking U-turn of the U.S. Securities and Exchange Commission on Ethereum ETFs puzzled a lot of seasoned analysts. Bloomberg ETF experts initially believed that the SEC would reject these products since there was very little engagement between the regulator and the potential issuers. However, earlier this week,…

Ethereum

500% Spike in Shiba Inu Token Transaction Fees Shocks Shibarium

According to the latest data, Shibarium, the Llayer-2 blockchain solution for Shiba Inu, experienced a surge in transaction fees over the past 24 hours. Thus, Shibariumscan reveals that gas commissions paid in BONE, the native token of the Shiba Inu ecosystem, skyrocketed by a whopping 500%, soaring from 12 BONE to an astounding 61.47 BONE. Shibarium facilitates transfers of Shiba Inu tokens, utilizing BONE tokens to cover transaction fees. Notably, each transaction contributes to the burning of SHIB tokens, with a portion of the BONE transaction fee being converted into SHIB tokens and sent to the dead wallet. The surge…

Altcoins

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

The U.S. House vote goes 279-136 to approve the Financial Innovation and Technology for the 21st Century Act with a very strong showing from House Democrats. The passage of the crypto market-structure bill marks the industry's most significant legislative accomplishment in Congress. The crypto industry recorded its biggest-ever U.S. policy win on Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets, recording a 279-136 vote that saw Democrats crossing party lines to support it. The Financial Innovation and Technology for the 21st Century Act (FIT21) marks the first time a major crypto…

Legal

The Perfect Ethereum Game to Play While Taking a Poo

Games have to find you at the right time. Well, this Ethereum game found me on the toilet. My favorite gaming experiences have come when a game is enjoyable and perfectly fits into my life. Think Bloodborne finding me cooped up inside during the pandemic, or co-op gem It Takes Two when I wanted to bond with my partner. Guild of Guardians meets you in those natural breaks in your day—as you're taking a suspiciously long toilet break at work, waiting for the bus, or cooking dinner. This mobile fantasy game has enough complexity to keep you interested, yet thankfully…

GameFi

Can Hong Kong’s spot Bitcoin ETFs boost BTC price?

How do Hong Kong’s spot Bitcoin ETFs compare to their dominant U.S. counterparts, and could their introduction influence Bitcoin’s price upward? On Apr. 15, China Asset Management, Bosera Capital, and other firms announced on social media that they received conditional approval to launch spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in Hong Kong. The Securities and Futures Commission (SFC) has not yet confirmed the list of approved issuers. This development follows closely spot BTC ETF approvals in the U.S. earlier this year. This contrasts with the situation in the U.S., where the Securities and Exchange Commission (SEC) has…

Bitcoin

Cryptocurrency Exchange CEO Says “Everything is Bullish”, Explains Why

According to data, Ethereum call options have become more expensive than put options across all maturities. According to one analyst, this trend indicates a bullish trend in the market. Luuk Strijers, CEO of cryptocurrency exchange Deribit, said in an email: “The bid minus bid skew is negative across all maturities and increases further beyond the end-June expiry, which is a very bullish signal, with the basis at around 14% per year.” “It has risen to e, which is another bullish indicator.” The analysis shows that investors are willing to pay more for calls than for puts, especially for options expiring…

Ethereum

Worldcoin Foundation Launches World Chain Grants for Blockchain Innovation

In April, the Worldcoin Foundation has made several crucial advancements in the field of blockchain technology. One of them is the launch of Wave1 of the Community Grants Program, the grant call for novel ventures that use the blockchain to promote social good. The other one is the introduction of the World Chain, a new blockchain platform that emphasizes user reach and ease of use. Calling all World Chain builders.https://t.co/3Ng5wC8EIT — Worldcoin (@worldcoin) May 1, 2024 Worldcoin Foundation Boosts Innovation with World Chain Grants Category The two announcements represent a major leap for the Worldcoin Foundation, given its objective of…

Altcoins

Binance Tax Case in Nigeria Adjourned, Bribery Claims Emerge

A Nigerian court has adjourned a tax evasion case against Binance, the cryptocurrency exchange, until next month. The postponement came after authorities failed to produce Tigran Gambaryan, a Binance executive charged in the case, in court on Wednesday; as reported by Reuters. Neither Nigerian authorities nor Binance offered an explanation for Gambaryan’s absence. Moses Ideho, a lawyer for the revenue service, said Gambaryan was expected to be brought to court by the Nigerian prison service. Judge Emeka Nwite then set June 14 as the date for the possible arraignment of Binance and Gambaryan. Gambaryan and another Binance executive, Nadeem Anjarwalla,…

Legal

Important Bitcoin (BTC) Halving Tweet Ejected by Michael Saylor

The founder of MicroStrategy and its former CEO Michael Saylor is one of the most influential figures in the Bitcoin community. Having stepped down from his chief executive position, he is now focused on the company’s BTC strategy, which MicroStrategy adopted in 2020. Recently, he published a tweet on his X/Twitter handle to emphasize the significant impact of the approaching halving on the Bitcoin price. His message also refers to buying pizza, but it is not about the renowned Bitcoin Pizza day. That event is also close but not as close as the halving. Michael Saylor's Bitcoin halving message Michael…

Bitcoin