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.

Interest in ‘Bitcoin halving’ on Google hits highest ever

Interest in the upcoming Bitcoin (BTC) halving has hit an all-time high, according to Google Trends, signaling intense curiosity and speculation within the cryptocurrency community. On April 14, 2024, searches for “Bitcoin halving” reached a popularity score of 100, the highest level of interest ever recorded by Google in Bitcoin’s 11-year history. This peak reflects the community’s heightened anticipation of the next halving event, a significant milestone that is expected to drastically alter Bitcoin’s supply dynamics. Despite a 37% drop in search interest since reaching its peak, current levels remain exceptionally high, still exceeding the activity recorded in late March…

BitcoinMay 24

Ethereum ETF Approval Could Spur 60% Rally as ETH Buying Increases

The approval of spot ether exchange-traded funds (ETF) in the U.S. could lead to a significant rise in the token's value, mirroring the market reaction seen with bitcoin ETFs. Bitcoin rose to over $73,000 from $42,000 in the two weeks after the ETF started trading on Jan. 11, CoinGecko data shows. The decision on the ether ETF is expected soon, with significant buying activity observed on both centralized and blockchain-based exchanges. Approval of spot ether (ETH) exchange-traded funds (ETF) in the U.S. could drive a rally of as much as 60% in the second-largest cryptocurrency in the coming months, QCP…

EthereumMay 24

Nvidia reports $26 billion Q1 revenue, AI crypto tokens show correlative gains

Chip-making tech behemoth Nvidia has announced its Q1 earnings, showing a record quarterly revenue of $26 billion, up by 5.5% of market expectations. The company has also confirmed that a ten-for-one forward stock split would be implemented by June 7, 2024. At the time of writing, the Nvidia stock ($NVDA) is up 2.6% after market close. On the crypto side, artificial intelligence-related tokens have seen notable gains, despite the muted performance of the broader digital asset market, with the exception of Ethereum’s recent gains. The uptick in AI token prices comes as investors prepared for the quarterly earnings report from…

RegulationMay 24

Sui Network Expands Blockchain Data Access via ZettaBlock’s Snowflake Integration

In a move set to revolutionize blockchain data accessibility, ZettaBlock has expanded its Snowflake Data Share offering to include comprehensive Sui blockchain data. This integration follows the successful incorporation of Ethereum data into Snowflake. It underscores ZettaBlock’s dedication to providing developers and enterprises with seamless access to cutting-edge blockchain datasets. This integration has been announced today on the official x accounts of these firms. 👏 @ZettaBlock just launched a new integration that makes Sui data accessible through @SnowflakeDB! Check it out: https://t.co/iz0Zy2TCLE — Sui (@SuiNetwork) May 1, 2024 Snowflake Empowers Sui Network Ecosystem Innovation The Sui blockchain has emerged as…

AltcoinsMay 24

Wells Fargo Accused of Draining Customers’ Accounts Without Notice or Authorization in ‘Blatant Disregard’ of Consumer Loan Protections: Class-Action Lawsuit

A Wells Fargo customer in California just filed a proposed class-action lawsuit accusing the bank of draining customers’ accounts in blatant violation of consumer protection laws. The plaintiff, piano teacher Helen Palma, alleges Wells Fargo unlawfully seized funds from her bank account after she fell behind on credit card payments, reports ClassAction.org. According to the filing, the bank won a judgement against Palma for outstanding credit card debt. But the lawsuit claims Wells Fargo then abruptly drained Palma’s checking and savings accounts without obtaining a required bank levy – allegedly violating state laws that require banks to give customers proper…

LegalMay 24

Here’s How Oasis and Apillon Are Making Blockchain Accessible to Everyone with Their Latest Partnership

In a significant development for the blockchain industry, Oasis has announced a partnership with Apillon to enhance the Web3 ecosystem. This collaboration aims to simplify the onboarding process for users and provide robust security measures without compromising the user experience. Together, Oasis and Apillon are setting a new standard in non-custodial private key management by introducing an innovative Oasis Account Abstraction Wallet SDK. This toolkit is designed to be compatible across all EVM chains and beyond, marking a leap forward in blockchain technology accessibility. The challenge of introducing new users to Web3 technologies often involves navigating the complex landscape of…

BlockchainMay 24

UFC Star ‘Money’ Moicano Urges Fans to Study Mises, Bitcoin

The writings of Ludwig von Mises—the famed Austrian economist of the early 20th century and hero to the Bitcoin faithful—are surging in popularity following an endorsement from a popular MMA fighter. Renato "Money" Moicano became a top-ten UFC lightweight this weekend after his comeback win at UFC 300. Rather than call out his next opponent, the Brazilian fighter used his post-fight interview to urge the crowd to read Mises’s books. “If you care about your fucking country, read Ludwig von Mises and the Six Lessons of the Austrian Economic School, motherfuckers,” Moicano told the crowd. Aggressive. But it apparently struck…

BitcoinMay 24

At what time will the SEC announce its Ethereum ETF decision? Bloomberg Analysts Announced Their Predictions That They Considered Certain!

While Ethereum investors and the entire cryptocurrency market are waiting for the SEC's spot Ethereum ETF decision, people are wondering about the time when the decision will be announced. While there is no clear information at this point, Bloomberg ETF analyst Eric Balchunas made an hour prediction, stating that he believes the SEC will approve ETH ETFs. At this point, Balchunas, who made a prediction according to the SEC's spot Bitcoin ETF announcement time, estimates that ETH ETFs will be approved at 16.00 New Jersey time (UTC 08.00). Accordingly, the ETH ETF decision is expected to be announced at 23:00…

EthereumMay 24

Fed Pivot Could Release $6 Trillion into Crypto to Boost BTC, ETH, XRP, ADA, and More

Wall Street analysts are eyeing a potential turning point in Federal Reserve policy, with some predicting a seismic shift that could ignite a multi-trillion-dollar surge in the cryptocurrency market. This bullish outlook hinges on the Fed successfully taming inflation, potentially unleashing an estimated $6 trillion in sidelined capital back into the market, according to a recent Forbes report. Some of that capital could move into the cryptocurrency space and boost assets like BTC, ETH, and XRP. Tom Lee, managing partner at Fundstrat Global Advisors, has revealed he envisions a transformative event, a once-in-a-generation opportunity as if the Fed signals victory…

RegulationMay 24

1.75 Trillion SHIB Mysteriously Grabbed on Robinhood With Price on Verge of Breakout

Prominent blockchain sleuth Whale Alert, which tracks down large cryptocurrency transfers, has spread the word about almost two trillion Shiba Inu meme coins leaving Robinhood for an unknown wallet. Two staggering SHIB chunks have been grabbed on the popular investment platform and withdrawn approximately eight hours ago. In the meantime, the SHIB eyes a bullish breakout, according to a popular analyst. In the meantime, almost two billion SHIB were burned in April, mostly by mistake. 1.75 trillion SHIB purchased as coin eyes breakout The aforementioned source shared that over the past eight hours, a mysterious wallet -4D935 has scooped up…

AltcoinsMay 24