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.

K9 Finance enters the whitelist of Shibarium's crypto validators

K9 Finance DAO, a decentralized autonomous organization that operates as the main provider of liquid staking within the Shibarium network, has just entered the whitelist of the chain’s crypto validators. Shibarium, created by the founder of Shina Inu, can now count on a very respectable partner when it comes to the context of seeking consensus. Let’s see all the details below. K9 Finance DAO becomes a crypto validator of the Shibarium network Some on-chain data from the layer-2 Shibarium K9 Finance DAO becomes a crypto validator of the Shibarium network K9 Finance DAO has just joined the Shibarium family, being…

AltcoinsMay 17

MVL Chain Integrates IQ GPT Chatbot to Revolutionize Vehicle Industry Connectivity

IQ WIKI, the renowned blockchain and cryptocurrency encyclopedia, has announced the integration of IQ GPT Chatbot into MVL Chain. This integration will herald a new era of AI assistance in the crypto and blockchain domain. MVL Chain, a pioneer in leveraging blockchain to revolutionize the vehicle industry, is set to harness the power of IQ GPT Chatbot to enhance connectivity and efficiency within the vehicle ecosystem. We're pleased to announce that @mvlchain has integrated IQ GPT Chatbot, the world's leading AI assistant for Crypto & Blockchain. pic.twitter.com/YWTymgzyq0 — IQ.wiki (@IQWIKI) May 14, 2024 IQ WIKI Reshaping Vehicle Connectivity and Data…

BlockchainMay 17

Bitcoin Halving Statement from Binance CEO Richard Teng!

New statements regarding the Bitcoin halving came from Richard Teng, who took over as Binance CEO from CZ in November 2023. Stating that this year's Bitcoin halving was different and took place in a market environment that was positive for BTC and the market, Binance CEO Richard Teng pointed out that historically, the BTC price increased for six months after each halving event. However, noting that these increases were supported by other catalysts other than the halving, Richard Teng said that investors should be careful. Speaking to The Block, Binance CEO said: “This year's halving is unique in that it…

BitcoinMay 17

Ethereum (ETH) Breaks $3,000: Are We Saved?

Ethereum has secured a breakthrough above $3,000, but the current state of things suggests that the second-biggest cryptocurrency on the market might still face some troubles. The price has started an immediate reversal, and Ether could face additional selling pressure if it falls below $3,000 again. Currently, Ethereum is trading around $3,005, with resistance levels at $3,200 and $3,400. If ETH can break through these levels, it could signal a stronger bullish trend than now. However, if Ethereum falls below $3,000, the support levels to watch are $2,900 and $2,800. A drop below these levels could indicate an aggravation of…

EthereumMay 17

FED Member Williams Speaks After Inflation Data! Will there be an interest rate cut?

This week was a week when critical data for Bitcoin and altcoins were announced. At this point, while the US PPI and CPI data were announced, the positive data enabled BTC and altcoins to mobilize again. While Bitcoin rose above $66,000 following the positive CPI data yesterday, New York FED President and FOMC Vice President John Williams made new statements. Speaking to Reuters, Williams said that they welcomed yesterday's April inflation data, but that these data were not sufficient for the FED to reduce interest rates at the moment. Stating that April data was positive after a few months of…

RegulationMay 17

Machi Big Brother Invests Another $2.05M in $FRIEND Token, Bringing Two-day Investment to $5.05M

Renowned crypto trader and NFT enthusiast Jeffrey Huang, popularly known as Machi Big Brother, has once again demonstrated his confidence in the $FRIEND token. As per LookOnChain, he has invested a substantial sum of 661 $ETH, equivalent to approximately $2.05 million. This investment, aimed at acquiring 798,157 $FRIEND tokens at a price of $2.57 each, marks another significant move by Machi Big Brother in the crypto market. Machi Big Brother(@machibigbrother) spent 661 $ETH($2.05M) to buy 798,157 $FRIEND at $2.57 again. He has bought a total of 2.19M $FRIEND($5.05M) at $2.31.https://t.co/ync3VY29pq pic.twitter.com/FD5Cc7kwiW — Lookonchain (@lookonchain) May 7, 2024 Machi Big Brother’s…

AltcoinsMay 17

Using Blockchain Tech to Reduce Water Shortages

Much of the world takes water for granted. And much of the world has so little water that it’s a matter of life and death. So how can we send water from areas of surplus to areas of need? This is the mission of Atlantis, a project devoted to solving issues stemming from climate change, focusing primarily on water. And they’re trying to crack this problem by using blockchain. Irthu Suresh is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31. Atlantis is not just theoretical. Across 50 villages in the region of Chikmagalur, India, Atlantis deployed…

BlockchainMay 17

Fun Facts About The Halving

The halving is a pivotal moment in Bitcoin’s monetary policy every four years, having massive implications for the economic viability of individual mining operations, the overall market dynamics of the asset, and generally the block alcohol content present in Bitcoiners’ bloodstreams. Everyone celebrates the halving each cycle as a moment where Bitcoin becomes a more scarce asset, an event where historically the price has skyrocketed in reaction to the change in the issuance schedule and everyone waits with bated breath for history to repeat itself. I’m sure everyone is all too familiar with these dynamics, so today as we all…

BitcoinMay 17

ETH Bull Run Hopes Reignited as Bulls Test $3K Resistance (Ethereum Price Analysis)

Ethereum’s price has been on a gradual decline since mid-March and has yet to show any decisive sign of recovery. Yet today’s price action is critical, as it can finally bring back some bullish momentum to the market. Technical Analysis By TradingRage The Daily Chart Looking at the daily timeframe, Ethereum’s price has been trending lower inside a large descending channel and is yet to break it to either side. Meanwhile, the cryptocurrency is currently testing the midline of the range and the key $3,000 level. With the 200-day moving average located near the $2,800 support zone, the market seems…

EthereumMay 17

Youthful Demography Fuels South Korea’s Crypto Boom

In a recent Bloomberg Crypto report, South Korean retail investors are credited with fueling the surge in local digital asset exchanges, predating the global crypto boom that pushed prices to record highs earlier in 2024. The Korea Financial Intelligence Unit (KOFIU) revealed a significant uptick in crypto participation, with active users on registered exchanges surging by 390,000 to 6.45 million by year-end 2023. South Korean retail investors were piling into local digital-asset exchanges in greater numbers well ahead of the global crypto bull market https://t.co/ZUMDYehoAD — Bloomberg Crypto (@crypto) May 15, 2024 This surge in activity is particularly noteworthy, representing…

RegulationMay 17