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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.

Without Wallet Awareness, We’re Just Building Another Web2

Web3 has fallen short. The sites and apps we’ve built lack the personalization and richness that Web3 is uniquely positioned to deliver. While Web3 has achieved fundamental innovations like decentralization, sovereignty, and enhanced privacy, navigating this decentralized ecosystem still feels almost identical to Web2. This op-ed is part of CoinDesk's Web3 Marketing Week. Wallet awareness is key to creating a digital adventure that is not only enhanced but also distinct from Web2. It’s about leveraging the rich pseudonymous information in our wallets to craft unique interactions. Unfortunately, wallet awareness is still conspicuously absent from Web3, leaving a gap in the…

Blockchain

How Did Bitcoin Price Move During and After Previous Halvings: Here is the Data

As we approach the next Bitcoin halving event, scheduled for Saturday, April 20 at approximately 1:00 am ET, it is worth taking a look at how the Bitcoin price has reacted before and after previous halvings. Historically, the year following the halving has seen significant increases in Bitcoin's price: 2012: 8.839% 2016: 285% 2020: 548% The month following the halving saw more mixed results: 2012: 9% 2016: -10% 2020: 6% While the data we have is limited, an interesting pattern emerges: The market is pricing in the short-term impact of the halving but underestimating the long-term impact. Former Bitmex CEO…

Bitcoin

QuickSwap Launches Falkor for 50x Leverage Trading

QuickSwap, a prominent decentralized exchange (DEX), has introduced Falkor. It is a latest offering designed for trading perpetual contracts, commonly referred to as perps. With Falkor, traders can engage in high leverage trading up to 50 times with zero gas fees involved. It is an innovative platform through the Polygon PoS chain gateway opens up access to brand-new and convenient services for any user. 1/ QuickPerps: Falkor is now live, a next-gen decentralised Perpetual Exchange on @0xPolygon PoS ⚖️ Trade with up to 50x leverage, zero gas fees, and deep liquidity across 37+ supported tokens. Awaken the beast. Get started…

DeFi

Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein

Approval of a spot ether ETF could bode well for rival tokens such as solana, the report said. Bernstein said a Trump election win could mean a more crypto-friendly administration. Galaxy Digital said the approval process could drag on for a few more months. Approval of a spot ether (ETH) exchange-traded fund (ETF) in the U.S. will be seen as significant regulatory relief for the crypto sector and raise expectations for ETH's rival SOL to be categorized as a commodity, broker Bernstein said in a research report on Tuesday. The report sent to clients days before the SEC's final deadlines…

Ethereum

Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy

As blockchain vies for mainstream acceptance this week in the halls of the United States Congress, a growing number of compliance-oriented crypto projects are hopeful that a more favorable regulatory environment could soon lead to a surge in blockchain-based RWAs, or real-world assets. One such startup, Plume, has raised $10 million in seed funding for what it says will be the first layer-2 blockchain purpose-built for RWAs. The round was led by Haun Ventures and included participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures and Reciprocal Ventures. Plume's Ethereum-based blockchain is pitched as a one-stop shop for…

Regulation

Shiba Inu Shares Latest Updates on Shibarium Hard Fork

The Shiba Inu ecosystem team has provided new updates regarding the upcoming hard fork on the layer-2 scaling solution, Shibarium. The team shared the update in the latest edition of SHIB Magazine. According to the announcement, the chain upgrade marks a pivotal moment in the progression of Shibarium’s infrastructure. The hard fork will enhance different aspects of Shibarium, including optimizing transaction processing and overall network performance. Details of Shibarium’s Latest Hard Fork The hard fork will focus on two primary components of the Shibarium ecosystem – Bor and Heimdall. Notably, the Bor hard fork has already gone live today at…

Altcoins

WalletConnect Unveils Next-Gen UX Platform and Decentralization Strategy

New York — WalletConnect, the premier Web3 UX platform, has announced a significant upgrade to its product suite, coupled with ambitious plans to fully decentralize the protocol. This strategic initiative underscores WalletConnect's commitment to fostering community participation and user sovereignty within the blockchain ecosystem, with further revelations slated for September in Singapore. — "At WalletConnect, we are dedicated to delivering seamless and secure interactions that empower developers to craft innovative, user-centric applications, ultimately driving engaging experiences in the Web3 realm," affirmed Jess Houlgrave, recently appointed CEO of WalletConnect. "To achieve this vision, WalletConnect is poised to fill a crucial gap…

Blockchain

HAQQ Enhances Shariah-Compliant DeFi with evmOS Upgrade

HAQQ, a Shariah-compliant DeFi network, has recently upgraded to evmOS, which is poised to revolutionize its prospects for developers and users. This partnership utilizes the capabilities of the evmOS tech stack to provide accessible, sustainable, and Shariah-compliant financial solutions. evmOS 🤝 🤝 🤝 HAQQ Network and Islamic Coin! We're thrilled to share that @The_HaqqNetwork partners up with Evmos to upgrade to #evmOS! ☄️ ⚡ The vast @Islamic_Coin community can now access the entire @cosmos ecosystem, liquidity, and any #interchain dApps. ✨ pic.twitter.com/xyycYElsc2 — Evmos // evmOS ☄️ (@EvmosOrg) May 23, 2024 evmOS Empowers HAQQ Network with Cross-Chain Compatibility Evmos is…

DeFi

Ethereum (ETH) Futures Open Interest Soars as $4,000 Target Approaches

Ethereum’s (ETH) futures open interest has climbed to an all-time high of $16 billion amid the recent rally in the general cryptocurrency market. This surge comes as the leading altcoin attempts to reclaim the $4,000 price level and rally toward its all-time high of $4,891, which it recorded three years ago. Ethereum Futures Traders Put in More Buy Orders As of this writing, ETH’s futures open interest was $16 billion. Its recent uptrend began on May 19 and has since increased 45%. ETH’s futures open interest measures the total number of the coin’s futures contracts that have yet to be…

Ethereum

AltLayer Launches Phase II Staking with reALT Token

A distinguished entity in the blockchain sector, AltLayer, has launched AltLayer staking Phase II. This involves reALT token, short for the restaked ALT Token. The introduction is a significant development for the AltLayer ecosystem, offering increased advantages to stakers while also promoting community engagement. ★ INTRODUCING reALT ★ The restaked ALT token – 'reALT' – is here, ushering in Phase II of our staking program! Find out what reALT does and how it benefits you & our ecosystem↓https://t.co/MSbCGYCksXhttps://t.co/HSjUgetQ1z pic.twitter.com/6htvGcuFdB — AltLayer (@alt_layer) May 2, 2024 reALT Token to Encourage Participation in AltLayer’s Staking Process An ERC20 share token developed on…

Altcoins