Making sense of crypto.
NBTCNEWS

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.

Here Are The Top 10 Altcoin Networks With The Most Users In April – Ethereum Ranks 6th

While the cryptocurrency market rose led by Bitcoin after the weak employment report from the USA, analysis company CryptoRank identified the altcoin networks with the highest number of users in April. Bitcoin price has increased by approximately 7% in the last 24 hours and is traded at $ 63,257 at the time of writing this article. Here are the altcoin networks with the most users and their number of users in April: Tron (TRX) – 54.7 million Near (NEAR) – 53.8 million BNB (BNB) – 35.5 million Solana (SOL) – 35.2 million Polygon (MATIC) – 33.6 million Ethereum (ETH) 12…

Building the interconnected Internet of Blockchains

Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability. While many Layer 2s are working to scale Layer 1s like Bitcoin and Ethereum by improving throughput and reducing transaction fees, protocols like Union enable both—interoperability at scale. The need for blockchain interoperability Whatever your opinion on the WEF, its 2020 whitepaper on blockchain interoperability hit the nail when it stated, “Organisations do not want to find…

Bitcoin Spurs Major Renewable Projects From Ocean Thermal To Hydro

The synergy between renewable energy initiatives and bitcoin represents major opportunities towards sustainable technological advancement. This integration opens new pathways for sustainability and enhances economic viability of renewable energy projects. Companies like OceanBit and Sazmining show how this partnership can drive innovation and foster environmental stewardship. OceanBit's focus on ocean thermal energy, combined with bitcoin mining, offers a promising solution to the intermittency challenge of renewables. In comparison, Sazmining's utilization of wasted energy from hydroelectric projects demonstrates how stranded and wasted energy can be utilized to build out renewables. Green bitcoin is leading the way in the booming high-intensity compute.…

Gleeder integrated into nDapp.org

nDapp.org has completed its Gleeder integration, offering users an alternative frontend to the official page when using the service. The update is intended to increase accessibility and awareness of Gleeder, a tool that helps users swap NEO into GAS without needing GAS to pay for the transaction beforehand. This marks the third major Neo on-chain tool integration for nDapp users, following the introduction of governance voting and token swapping capabilities via Flamingo. Gleeder is designed to facilitate transactions for first-time users of the Neo N3 blockchain. Addresses that migrated NEO from Legacy or bought tokens from an exchange can start…

Back to the drawing board: rethinking interoperability

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Picture the scene: you’re about to deposit your savings at a new bank. But as you’re filling out the forms, you come across a news story about a $624 million theft caused by a devastating exploit to the bank’s computer system. You might also like: A rewarding ecosystem enables monetizing passion in web3 | Opinion You start to look at other banks to find a safer alternative, but things aren’t that easy. You see, you have no…

A Look at How Bitcoin's Halving Might Trigger 'Sell the News' or 'Sell the Rumor' Reactions

With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On the other hand, this downturn might just be the precursor to a shakeout and a subsequent significant uptick. Large holders, often known as ‘whales’, are sometimes suspected of selling on rumors to accumulate more of the asset at lower prices. Bitcoin’s 4th Halving Draws Near If you’ve been monitoring the chatter, you’ll know there’s been widespread speculation about the forthcoming halving and its potential impact on bitcoin (BTC) prices. Currently,…

The Top Layer 2 Networks by Development Activity in April

While the crypto market witnessed significant bloodshed in April, layer-2 networks recorded substantial developer activity, signaling a strong belief in these projects despite the latest slumps in the value of their native tokens. A tweet by crypto data analytics platform Santiment revealed that the top ten layer-2 networks were selected by counting each project’s non-redundant GitHub activity and averaging their daily activity over the past 30 days. According to Santiment, analysts obtained the projects’ GitHub activities from their repositories through a back-tested process to ensure that only the teams’ efforts to improve and innovate were included. A project’s GitHub activity…

Will the complexity of web3 win over web2?

The following is a guest post from Bakhrom Saydulloev, Product Lead at Mercuryo. Statistics works in a funny way. When experts feel the need to prove the growing acceptance and awareness of Web3, they over-simplify the concept to say, for instance: “more than 90% of people have heard of crypto, hooray!” And yes, that is, in fact, true. But if you dive deeper, you’ll also see that only 8% actually have a solid familiarity with the concept of Web3. A16z predicts Web3 will reach one billion active users by 2031, roughly at the same speed as the Internet did –…

Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K

BTC and other digital assets continue to be challenged by the market. Layer-1s and AI tokens have fared worse than bitcoin, leading to an increase in BTC's market dominance Bitcoin (BTC) has become more dominant in the crypto market thanks to impending halving and broader market risk aversion, despite the price correction The largest cryptocurrency by market value was trading below $61,400 during Asian trading hours on Thursday, according to CoinDesk Indices data, as the sell-off in risk assets, fueled by difficult macroeconomic conditions, rages. The CoinDesk 20, a measure of the world’s most liquid digital assets, is down 3.3%,…

Telegram Becoming Crypto-Based Everything App, What Will Happen to TON?

After months of Elon Musk teasing about turning X into an "everything app" and introducing peer-to-peer crypto payments in 2024, Telegram is now making waves as the first major platform to embrace the Web3 ecosystem. In a recent interview with Tucker Carlson, the founder of Telegram praised Musk for his innovative mindset and efforts to build the SocialFi platform, aiming to empower content creators with fair ad revenue returns. SocialFi represents a fusion of social media and decentralized finance (DeFi), offering users control over their content without reliance on central authority. Creators retain ownership of their content and data, unlike…