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.
Shiba Inu ranks as the third meme coin with the most social interaction, outperforming other assets like Floki Inu and Bonk. Despite the massive bloodbath across the broader crypto market, meme-based cryptocurrencies have shown resilience in terms of social activity. Shiba Inu Ranks Third in Social Interaction Leaderboard Amid the ongoing market onslaught, Shiba Inu ranks among the top three meme-based cryptocurrencies by social interactions. According to data from Lunar Crush, a renowned social intelligence platform, Shiba Inu is the third meme coin with the most social interactions. It’s so far been a day of consolidation across crypto markets but…
TRALA LAB is gearing up to shake things up in the gaming world with its latest commitment to zkSync, a cutting-edge technology set to revolutionize the industry. A subsidiary of Joycity, TRALA LAB has made a name for itself with hit games like ‘Gunship Battle’ and ‘Freestyle’, and now it’s ready to take things to the next level.—Teaming up with Matter Labs, TRALA LAB plans to harness its technical expertise to bring a whole new range of AAA games to zkSync. This collaboration isn’t just about making games; it’s about driving innovation and tackling the big issues facing the gaming…
Nate Geraci, an authoritative voice in the ETF industry, recently took to X (formerly Twitter) to push back against some rather premature claims of the downfall of Bitcoin exchange-traded funds (ETFs). Despite a recent outflow of roughly $850 million, Geraci believes that the game is far from over. The analyst pointed to the insanely successful launch of these ETFs, which have managed to attract roughly $50 billion worth of assets under management. Furthermore, Geraci stressed that Registered Investment Advisors (RIAs) and brokerage platforms are yet to even approve Bitcoin ETF for use, which means that there is a lot of…
Solana (SOL) is the only one of the top 10 altcoins by market capitalization whose price has increased in the past 24 hours. Top 10 rivals like Ethereum and XRP reported significant losses, while Bitcoin shed 7% of its value in the past 24 hours. SOL has increased by 2.94% to $174.38 in the past day, continuing the bullish trend, which has seen its value soar by 55% over the past month. Why SOL Has Been on a Recent Tear Solana’s price is up an astonishing 21% in the past week and 724.6% higher than a year ago. SOL’s performance…
Prominent author Robert Kiyosaki, famous for his “Rich Dad, Poor Dad” book, recently took to social media to share his bullish stance on Bitcoin, signaling his intent to increase his holdings before April. Kiyosaki emphasized the significance of the upcoming Bitcoin halving event, as a driving factor behind his decision. He urged followers to consider investing in cryptocurrency, even if they couldn’t afford a whole coin, suggesting fractional purchases through Bitcoin ETFs or just accumulating Satoshi units. Kiyosaki’s optimism isn’t unfounded; he foresees a potential surge in Bitcoin’s value, projecting it to reach an impressive $100,000 by September 2024. His…
The XRP Ledger Foundation (XRPLF) has welcomed three new validators to its published Unique Node List (UNL). The XRPLF team announced the new additions via a Thursday statement on its official X account. While welcoming the three new validators, the foundation delisted three existing ones due to subpar performance. Accordingly, the XRPL ecosystem retains a UNL validator size of 35. We are happy to announce the inclusion of three new validators on our published unl. Read more at https://t.co/I7QEE2CnDA. We have also removed three validators from our list, keeping the overall size at 35. — XRP Ledger Foundation (Official) (@XRPLF)…
Spot bitcoin ETFs recorded their first week of net outflows. Outflows from the Grayscale Bitcoin Trust reached $1.83 billion over 4 days, Coinbase noted. Selling pressure may have come from the bankruptcy estate of Genesis Global, the report said. The cryptocurrency market remains fixated on spot bitcoin (BTC) exchange-traded fund (ETF) flows rather than fundamentals, as the recently approved products saw their first week of net outflows in two months, Coinbase (COIN) said in a research report on Friday. Coinbase noted that net outflows amounted to $836 million between March 18 and March 21. Bitcoin slipped below $63,000 last week…
Origin Protocol token holders have voted to merge the protocol’s lesser known token Origin DeFi Governance “OGV” with its native decentralized finance (DeFi) Ethereum token OGN. The OGN protocol is backed by Reddit co-founder and VC investor Alexis Ohanian, Taiwanese-born American YouTube co-founder Steve Chen, and Y Combinator president Garry Tan. In an announcement, Origin Protocol said the move to integrate the tokens will improve Ethereum liquid staking. This allows anyone to share in the rewards of staking without having to maintain complex staking infrastructure. “The proposal aims to unify Origin Protocol under a single token,” Matt Liu, co-founder of…
Scottish Mortgage Investment Trust (LON: SMT) share price had a strong performance in the first quarter as the technology boom continued. The SMT stock jumped by almost 14% in Q1 while the Invesco QQQ, which tracks the Nasdaq 100 index, rose by 10.40%. Cathie Wood’s Ark Innovation Fund (ARKK) retreated by over 5% during the quarter. ARKK vs Scottish Mortgage vs ARKK Still, the Scottish Mortgage Trust has underperformed the Invesco QQQ ETF in the past 12 months and five years. It has risen by 40% in the past 12 months compared to QQQ’s 48%. The fund has beaten ARKK…
In a surprising turn of events, Whale Alert, a tracking service, has uncovered a significant transaction involving meme-inspired cryptocurrency Dogecoin (DOGE). An unidentified whale swiftly unloaded a staggering 86 million DOGE, valued at approximately $14.12 million, to prominent U.S.-based broker Robinhood. This unexpected move has sent ripples through the DOGE market, particularly impacting the price of the coin. The sender, identified only by the address “DF8j,” has a history of large-scale transfers, making this latest transaction somewhat consistent with previous actions. Despite the massive sell-off, there remains four million DOGE, worth around $645,242, in the whale’s wallet. 🚨 86,000,000 #DOGE…