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.

DMarket tops NFT charts but loses three-day streak above US$900,000

DMarket topped the non-fungible token (NFT) collection ranking on Monday with US$835,028 in daily sales. Despite leading the daily sales chart, Monday’s sales total snapped a three-day streak of at least US$900,000 in daily sales for DMarket. DMarket collection represents in-game items for popular games such as Counter-Strike 2 on the Mythos network. The collection witnessed an increase in unique buyers to 4,034 and sellers to 3,546, resulting in a total of 33,375 transactions for the day. This surge in daily activity has boosted DMarket’s all-time sales volume to US$427.86 million. While a Mythos-based project led the collections charts, the…

NFTMay 15

Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans

The Labour Party is a favorite to win the U.K.'s upcoming general election. Regardless of who is elected, crypto policy should still continue developing as it has been, said Adam Jackson, director of policy at Innovate Finance. A U.K. election is not going to derail the progress the country has made when it comes to regulating the crypto sector, industry stakeholders told CoinDesk. An election date has not been announced yet, but it is expected to happen in the country this year. The ruling Conservative party – which has been in government for nearly 14 years, since it was first…

RegulationMay 15

Philippines aims for enhanced ADB backing in infrastructure, digitalization drive

The Philippines actively sought bolstered assistance from the Asian Development Bank (ADB) to advance its dual objectives of physical and digital infrastructure development. During the 57th ADB Annual Meeting’s Business Session, Finance Undersecretary Joven Balbosa emphasized the nation’s focus on fostering improved connectivity to amplify infrastructure investments. Empowering small businesses Acknowledging the vital role of micro, small, and medium enterprises (MSMEs) in the country’s economic fabric, the Philippines underscores the necessity for tailored support from the ADB. With MSMEs constituting nearly 99% of the nation’s business sector, there’s an urgent call for initiatives to bolster their capacities, particularly in light…

BlockchainMay 15

Rwanda weighing pseudo-anonymous CBDC to underpin cashless economy

Rwanda’s central bank has published a research paper laying out the benefits, risks, and design recommendations for a digital franc. The research paper summarized the key findings of a feasibility study on the economic, legal, functional, and monetary implications of a central bank digital currency (CBDC) that the National Bank of Rwanda (BNR) initiated in September 2022. The central bank has called on the public for feedback as it moves into the next stage of CBDC exploration. 🚀 Big News from #Rwanda 🇷🇼 Since September 2022, the National Bank of Rwanda has been exploring a new digital horizon with a…

RegulationMay 15

Morpheus Unveils $350m+ TVL Milestone and Forges Alliance with 6079 for Permissionless AI Movement

Seattle — In a groundbreaking collaboration, 6079, a pioneer in trustless artificial intelligence (AI) services, joins forces with Morpheus, the open-source smart agent network. The partnership aims to revolutionize the landscape of independent AI, heralding a new era of decentralized innovation. — Morpheus, a decentralized AI network driven by over 200 open-source contributors, has achieved a remarkable milestone with over $350 million in Total Value Locked (TVL). This achievement underscores the community's dedication and commitment to fostering a fair and inclusive ecosystem. Utilizing its innovative Capital Contract, Morpheus has garnered widespread attention and support, with over 5,000 individuals contributing to…

AltcoinsMay 15

Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore

Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian. This initiative tests asset tokenization applications in a regulated environment, focusing on the viability and potential integration within the financial markets. Participation in Project Guardian will also involve Memento Blockchain and Interop Labs. The former, a specialist in decentralized finance and hyper-chain zero-knowledge, previously partnered with Deutsche Bank on the DAMA 1 proof-of-concept in 2023. This ongoing collaboration is set to yield DAMA 2, promising further advancements in blockchain technology. Interop Labs, known for developing the Axelar network—the Web3 interoperability…

BlockchainMay 15

BTC Holds at $64K as Bulls Eye This Level Next (Bitcoin Price Analysis)

Bitcoin’s price has been consolidating since early March, failing to continue its uptrend. Yet, the cryptocurrency might soon get back on track and create a new all-time high. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the Bitcoin price has been consolidating between the $60K and $70K levels over the past couple of weeks. The recent rejection from the $70K zone has driven it down toward the $60K support level. Yet, the level has held and initiated a rebound. The market is now expected to potentially retest $68K – an important resistance. On the other…

BitcoinMay 15

Digital Euro Use Won’t Push Out Swedish Krona: Central Bank

Adopting a potential digital euro won’t displace the Swedish krona, Sweden’s central bank said. In a staff memo published Tuesday, the Sveriges Riksbank indicated it sees potential benefits for Sweden in the digital euro. It highlighted the possibility of a more robust and competitive payment system. The bank added that there may be a small shift away from traditional bank deposits. However, the Riksbank believes any impact will be limited due to the proposed cap on individual holdings of digital euros. Using the digital euro might extend beyond the eurozone. While it’s designed for eurozone countries, a proposal allows non-eurozone…

RegulationMay 15

Shark Cat Solana Meme Coin Fight Ends Without Legal Battle

After a rough start to their working relationship, the Nala Cat brand and current team behind Solana meme coin Shark Cat (SC) have come to an agreement—giving Shark Cat an official license to the IP. Following a contentious dispute that spilled out onto Twitter, the owner of famed social media feline Nala announced last week that she has reached a deal with the team behind Shark Cat—which originally used photos of the cat to promote its token. The Shark Cat team confirmed that they made a deal with the Nala Cat brand, and acquired a license to use the IP…

AltcoinsMay 15

KYVE and Synternet Partner for Blockchain Data Revolution

KYVE and Synternet have partnered to introduce a new era of historical and real-time blockchain data centralization mechanisms using the powers of the Interchain Stack. Their joint efforts are aimed to maximize the potential of the blockchain data spectrum and make it more accessible for developers, node operators, and data analysts. 1/ By leveraging the Interchain Stack, @KYVENetwork & @synternet_com aim to streamline historical and real-time data for all! The collaboration improves the management and accessibility of blockchain data – supporting interchain developers, node operators, and data analysts. pic.twitter.com/cUrGXNqiUp — Cosmos – The Interchain ⚛️ (@cosmos) May 14, 2024 KYVE…

BlockchainMay 14