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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.

Ethereum Whale Gains $28.5M Profit Amid ETH Bullish Trends

An astute early adopter of Ethereum, identified by the address 0x2ce, has recently executed substantial transactions, garnering considerable intrigue within the cryptocurrency sphere. According to a Spot On Chain X post, this influential holder transferred 4,153 ETH, valued at $12.2 million, to Coinbase at a rate of $2,931 per ETH. 3 hours ago, Early $ETH holder 0x2ce deposited 4,153 $ETH ($12.2M) to #Coinbase at $2,931. The whale withdrew 12,423 $ETH from #Poloneix at ~$11.03 ($137K) in 2016, And has deposited 9,436 $ETH to #Coinbase and #Luno at ~$2,245 ($21.2M) since 2021. Current holding: 2,566 $ETH… pic.twitter.com/ky5g0uy2n5 — Spot On Chain…

Ethereum

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

Kenya has been consulting with bitcoin mining company Marathon Digital Holdings to hear its thoughts on energy and its crypto regime. The African nation depends on renewable energy, which is seasonal and capital-intensive. Marathon Digital (MARA), one of the largest bitcoin mining companies, has held talks with Kenya to help manage the country's renewable energy through mining and develop its crypto regime. "We've been working closely with the Kenyan government on how to optimize and monetize renewable energy assets," Jayson Browder, vice president of government affairs at MARA, told CoinDesk in an interview. Kenya's President William Ruto recently met up…

Mining

Satoshi Nakamoto Was Concerned Over Bitcoin as an Investment: Report 

Amidst controversies regarding the identity of Bitcoin’s pseudonymous founder, Satoshi Nakamoto, 120-page email correspondence between Nakamoto and his earlier collaborator, Martti Malmi, shed light on the early days of Bitcoin creation. Recently, Chinese crypto journalist Colin Wu, on his official page known on X as Wu Blockchain, shared insights on the emails shared by Malmi earlier this year, initially produced as evidence against Craig Wright’s claim to be the original Bitcoin founder. Satoshi Nakamoto’s first collaborator, sophomore Martti Malmi, disclosed his emails with Satoshi. Satoshi mentioned that there is no need to promote "anonymity" and Bitcoin as an investment. Bitcoin…

Bitcoin

Holders Might Turn Profitable As Ethereum’s MVRV Records Weekly Decline! What’s Next For ETH Price?

The crypto markets are currently in a range-bound state, with Bitcoin’s price facing challenges in overcoming bearish pressures and maintaining above key support levels. Additionally, Bitcoin’s market dominance is rising, showing that it continues to attract significant trader interest. Consequently, other altcoins, particularly Ethereum, are trading within a descending pattern, with concerns of further lows. However, the current dip might be profitable for traders as MVRV ratio records a weekly low, building up momentum for a rebound. Ethereum Triggers Profitable Buying Opportunity Over the last few hours, the crypto market has been surging as the price broke above the $63K…

Ethereum

Lisk L2 Solution Onboards Obligate to Accelerate Crypto Adoption: Details

Obligate decided to leverage Lisk L2's network due to its high efficiency, speed and scalability secured by Ethereum (ETH), as Lisk is a part of the Optimism Superchain ecosystem. Swiss-regulated Obligate deploys on Lisk L2 Lisk, a high-performance L2 EVM solution and member of the Optimism Superchain, announces that Obligate, a Swiss-based on-chain capital markets platform renowned for its innovative blockchain-based financial services, will deploy an instance on its network. 🚀 Transition Initiated: Lisk Core v4.0.6 Released! 🚀 Time has come, friends! We’ve just launched Lisk Core v4.0.6, introducing the shutdown-node plugin. 🔒 This plugin will automatically shut down nodes…

Altcoins

Hedge Fund Veteran Mark Yusko Says Bitcoin FOMO Incoming As BTC Completes Halving – Here’s When

Morgan Creek Capital founder Mark Yusko thinks that we have not yet seen the FOMO (fear of missing out) phase grip Bitcoin (BTC) market participants. Speaking at the Bitcoin Investor Day, the hedge fund veteran says that Bitcoin’s latest halving kicked up BTC’s fair value from $50,000 to about $80,000. According to Yusko, he sees sidelined traders and investors rushing in to load up on Bitcoin once BTC rallies toward its new fair value. “Fair value has doubled in each of the previous halving cycles. Now I don’t think it will double this time because now we have inscription fees…

Bitcoin

Axelar to lead the charge in cross-chain interoperability growth

Axelar seeks to address challenges in decentralized applications and protocols, Flipside’s new cross-chain report revealed. Despite the challenges facing cross-chain adoption, as only 13% of Ethereum Virtual Machine (EVM) addresses have transacted across chains, Axelar’s recent innovations could soon transform this sector. The key to Axelar’s appeal lies in its cornerstone features: the Interchain Token Service (ITS) and General Message Passing (GMP). The tools simplify developers’ process of building decentralized applications (dApps) that function across multiple blockchains, making Axelar a seamless framework for multichain applications. ITS automates the creation of tokens that work natively across supported EVM chains, eliminating the…

Altcoins

The Sandbox’s Nicola Sebastiani on Bringing Gaming to the Metaverse

Since at least 2021, you could trace the arc of crypto by following the word “metaverse.” It was once filled with buzz and hype and potential to be The Next Big Thing — even Facebook changed its name to Meta — and then lost its luster during Crypto Winter, as prices plunged and excitement cooled. But look closer. It’s now a cliche that many in the Web3 space “kept building” during the bear market, but it’s a cliche that has the ring of truth. And people kept building in the metaverse. “It’s thriving,” says Nicola Sebastiani, Chief Content Officer of…

Metaverse

What’s Next for the Coin Post-Halving?

Less than 24 hours after the 4th Bitcoin (BTC) halving took place, the price climbed above $65,000. The event took place on April 20 as miners’ rewards were cut from 6.25 BTC to 3.125 BTC. It is important to note that this happened as Bitcoin produced block number 840,000. Before the event, market participants expected the halving to cause high volatility with prices swinging very high or very low. However, that was not the case as BTC moved sideways between $63,000 and $64,000. But with the halving done and dusted, how will Bitcoin fare in the coming months? Here, Coin…

Bitcoin

Ripple joins DeRec Alliance asset recovery initiative

Ripple joined Swirlds Labs and the Algorand Foundation as a founding member of the DeRec Alliance. The alliance aims to simplify the implementation and recovery of digital assets. The decentralized recovery (DeRec) protocol created within the project allows restoring private information even if users lose their smartphone or other device for two-factor authentication. We are excited to announce that @Ripple and @XRPLLabs have joined @swirldslabs and @AlgoFoundation as Founding Members of the Decentralized Recovery Alliance, with two-year seats on the Technical Oversight Committee providing input on governance and core Alliance policies. #DeRec… pic.twitter.com/APP4Z70jIC — Decentralized Recovery Alliance (@DeRecAlliance) May 9,…

Altcoins