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.

Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review

Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday. NYSE American told Exodus on Wednesday that U.S. Securities and Exchange Commission staff were still reviewing Exodus' registration statement, which the company said had gone effective at the end of April. Exodus was supposed to uplist from OTC (over-the-counter) trading, the company announced earlier this week, with its Class A Common Stock continuing to trade on OTCQX through the end of the day Wednesday. Its common stock will now continue trading on…

RegulationMay 12

Friend.tech Price Bounces Back 23% After Chaotic V2 Launch

Social crypto platform Friend.tech has bounced back 23% in the past 24 hours, after last week's launch of its token and version two (V2) of its platform didn’t go to plan. Last week, the Friend.tech community was in uproar. The airdrop of FRIEND tokens was anything but smooth. Users reported that the claiming process was buggy, and that some new features brought in with V2 didn't work. Many who were able to claim their tokens appeared to be immediately selling off their tokens, with FRIEND's price tanking 46% from $2.78 to $1.49 in less than four hours, according to CoinGecko.…

AltcoinsMay 12

Who is Satoshi Nakamoto, The Creator of Bitcoin?

Bitcoin arrived in 2008 but its creator to this day is known only by the pseudonym they chose: Satoshi Nakamoto. Many have spun up theories about who Satoshi really is—either to solve the mystery or, in some cases, to further an agenda of their own—but no one has offered a definitive answer. Satoshi Nakamoto: what we know The first evidence of the Bitcoin we know today turned up in August of 2008 when someone anonymously registered the domain name bitcoin.org. In October of that year, an author who went by the moniker of Satoshi Nakamoto published the Bitcoin whitepaper, "Bitcoin:…

BitcoinMay 12

Will Vitalik Buterin’s Gas Fee Proposal Make Ethereum More Like Solana?

Ethereum could use a much better system for charging transaction fees from its users, the network's chief architect Vitalik Buterin argued in a widely circulated essay published Thursday. Buterin's post, which laid out a path toward a more customized and equitable system, immediately garnered two sorts of reactions: Ethereum users, who expressed their excitement at the prospect of lower fees on the network’s costly mainnet; and Solana users and developers, who noticed that Buterin's proposal sounded an awful lot like the Solana network's own fee model. “It’s certainly a Solana-esque approach,” Mert Mumtaz, a prominent Solana builder and the co-founder…

EthereumMay 12

EU Considers Crypto Integration Into $13 Trillion Investment Market

The European Union is poised for a significant financial revolution. It is considering including crypto assets in its $12.88 trillion mutual fund framework, Undertakings for Collective Investment in Transferable Securities (UCITS). This bold initiative could dramatically transform the investment landscape across Europe. It can surpass the scale of the US’s spot Bitcoin exchange-traded funds (ETFs). Tipping Point for Crypto Integration in EU’s $13 Trillion Mutual Fund Framework The European Securities and Markets Authority (ESMA), the bloc’s financial markets watchdog, has started a thorough review. This initiative aims to expand UCITS’s eligible assets to potentially include crypto. Also, the authority seeks…

RegulationMay 12

Sui's zkLogin Revolutionizes User Experience with Multi-Signature Recovery: SUI Tokens Soars

TL;DR Revolutionary zkLogin: Sui has enhanced its zkLogin system with multi-signature recovery, allowing users to recover accounts seamlessly, even if the credential issuer or application is inactive. This update includes social login integration from platforms like Google, Facebook, and Apple. Multi-Sig Security: The new multi-sig feature supports complex use cases, enabling up to 10 zkLogin accounts from different providers with customizable thresholds, ensuring robust security and flexible account recovery options. SUI Token Surge: The introduction of multi-signature recovery and Apple authentication has led to a significant increase in SUI token prices by nearly 9%, trading at $1.09, indicating strong market…

AltcoinsMay 12

How to Buy Bitcoin Under 18? [Age Limit in 2024]

IMPORTANT: The first step to buying Bitcoin as a minor is to seek parental or guardian consent and involvement. Since you're not of legal age, you'll need their support to proceed with the process. Make sure to have an open and honest conversation about your interest in investing in Bitcoin and address any concerns they might have. If you want to buy Bitcoin and you’re under 18, you should keep in mind that there is no specific law preventing you from doing so. However, most cryptocurrency exchanges require their users to be 18 or older to buy and sell Bitcoin.…

BitcoinMay 12

Analyst Forecasts Ethereum’s Rise to Global Economic Backbone

Ethereum’s mature ecosystem and broad developer acceptance overshadow Bitcoin’s L2 applications. Despite regulatory uncertainty, Ethereum’s integral role in finance and tech garners significant support from major players. Ethereum’s symbiotic relationship with layer-2 solutions enhances its intrinsic value and global appeal. Ethereum (ETH) stands out as a beacon of promise, poised to solidify its position as a global economic cornerstone. Analysts herald Ethereum’s ascent, foreseeing its imminent attainment of enduring institutional legitimacy. Age of Ethereum ETH's fundamentals look excellent. Yet, many investors feel that ETH has too many headwinds: Why buy ETH when Bitcoin's L2 app ecosystem is taking off? Why…

EthereumMay 12

Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

KBW raised its price target to $21.50 from $20; JMP raised its target to $30 from $28. A surge in crypto trading contributed to the 40% year-on-year increase in revenue. Positive momentum continued into April with a record $5 billion in deposits, the analysts said. Trading platform Robinhood (HOOD) reported strong first-quarter earnings yesterday as a surge in crypto trading fueled a 40% year-on-year jump in revenue, leading some analysts to upgrade their earnings estimates and price targets. KBW raised its price target to $21.50 from $20, while maintaining its market perform rating. Rival broker JMP raised its price target…

RegulationMay 12

Tesla Now Accepts Dogecoin, Could X Follow Suit?

Elon Musk, a longtime supporter of Dogecoin (DOGE), has integrated the meme-based cryptocurrency into Tesla’s payment system. Customers can now purchase select merchandise using DOGE on the Tesla website. This move follows Musk’s acquisition of payment licenses for his social media platform, X, sparking speculation about DOGE integration there as well. Musk’s interest in DOGE dates back to 2019, and he has consistently advocated for its adoption. Tesla’s recent integration, while limited to merchandise, reflects this ongoing support. The company quietly enabled DOGE payments in early May, shortly after Musk expressed openness to the idea during a visit to a…

AltcoinsMay 12