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.

Nilam Resources gives up, no more 24,800 bitcoins

Nilam Resources, a penny stock listed on OTC Markets that has seen numerous controversies, fumbles, and miscalculations over the past month, has issued a press release stating that it will no longer be seeking to acquire 24,800 bitcoins, or a merger with Mauritius-based company, Mindwave. The company saw its fortunes briefly rise when it was mischaracterized as a ‘South American mining company’ that was planning to acquire 24,800 bitcoin. However, its stock gains vanished almost overnight after its former CEO and president, Ron McIntyre, called it a ‘classic pump and dump.’ Nilam Resources’ stock gains vanished after it was branded…

BitcoinMay 5

Level 1 Blockchain WAX Signs Agreement With Amazon Web Services

Gaming-focused layer 1 blockchain Worldwide Asset Exchange (WAX), the 10th largest blockchain by activity, has signed an agreement to use Amazon Web Services (AWS) and integrate its network into the Amazon Managed Blockchain (AMB) service. The AMB service is designed to help developers create decentralized applications on both private and public blockchains. With AMB integration, WAX developers will be able to deploy nodes through the AWS console and use those nodes to build on the WAX blockchain. The WAX blockchain’s native token is up more than 20% in a day, according to CoinDesk. The CoinDesk 20 Index, an overall measure…

AltcoinsMay 5

Bitcoin set for most aggressive price movement, targets $300k

Bitcoin (BTC) remains stuck in familiar territory, consolidating below the $65,000 threshold, with its next directional move yet to materialize as uncertainty lingers. However, in a TradingView post on April 25, cryptocurrency trading expert TradingShot posits that Bitcoin is poised for a noteworthy breakout, drawing insights from its historical price actions. According to the expert, Bitcoin could be preparing for its most aggressive price movement yet, with a staggering target of $300,000. The analysis highlighted Bitcoin’s successful test and retention of the Mayer Multiple (MM) mean, a metric used to assess the current price of BTC relative to its historical…

BitcoinMay 5

Two new crypto funds set to offer investors staking yield access

Two new crypto funds are set to pass along staking rewards to investors. The crypto-focused subsidiary of Japanese investment bank Nomura offers exposure to Polygon’s native token, MATIC — as well as an additional yield. Laser Digital’s Polygon Adoption Fund will hold TruMATIC, the liquid staking token received for depositing MATIC into the TruStake vault, according to Mike Molloy, venture lead at WebN Group. WebN Group created the TruFin blockchain protocol, which has teamed up with DeFi protocols like Balancer and Chainlink to boost use cases for its TruMATIC token. Read more: And then there were 11: Another fund joins…

AltcoinsMay 5

BTC Sees Subdued Trading Amid Bearish Signals

As of April 26, 2024, bitcoin continues to exhibit fluctuating fortunes, with the latest trading session closing at $64,095. Amid a wider range between $62,923 and $65,069 over the last 24 hours, traders are grappling with mixed signals across various technical charts and indicators. Bitcoin Bitcoin’s oscillators are predominantly neutral with the relative strength (RSI) index at 46 and other indicators like the Stochastic and commodity channel index (CCI) hovering around similar levels, suggesting a lack of clear directional momentum. Meanwhile, moving averages (MAs) paint a more pessimistic picture, signaling bearish sentiment across most short-term periods such as the 10,…

BitcoinMay 5

Dogecoin Foundation Unveils GigaWallet v1.0 Enables Mass Adoption Of DOGE Through Payments

Dogecoin GigaWallet v1.0 is a back-end service designed to provide easy integration APIs for online businesses and should not be confused with a regular user wallet such as MetaMask or Trust Wallet. Dogecoin (DOGE), the largest meme coin by user base and market capitalization, has received the latest utility feature called Dogecoin GigaWallet v1.0, allowing for seamless mass adoption. According to Tuesday’s announcement, Dogecoin GigaWallet v1.0 is a software development component that provides seamless API integration. As a result, Dogecoin GigaWallet v1.0 is an essential stepping stone for any online store, social media and cryptocurrency exchange to enable Dogecoin payments.…

AltcoinsMay 5

Will Bitcoin Fall Again? Current BTC Analysis

Bitcoin rallied from the $62,910-$62,300 support zone and traded long at $62,910. According to Coinotag analysts, BTC has a target of $65,800 and is expected to exceed this level. Otherwise, the decline may continue. Readers are advised to set an entry stop at $62,910 and set their targets at $65,800 and $69,000. Bitcoin’s technical analysis focuses on the target of $69,000 by breaking the resistance above $65,800 with the rise starting at $62,910. MEDIUM TERM BTC ANALYSIS 8-Hour BTC/USD Price Chart Looking at Bitcoin’s 8-hour technical chart, according to the analysis we shared yesterday, BTC fell to the $62,910 –…

BitcoinMay 5

Tether integrates native USDT on Celo mainnet

Tether has added native USDT on Celo blockchain. Celo ecosystem partners across P2P payments, lending, and remittances will leverage the stablecoin in their operations. Tether’s USDT is now live on Celo, a mobile-first and EVM-compatible blockchain. USDT integration on the Celo mainnet bolsters the blockchain platform’s stablecoin adoption and real-world assets (RWAs). “This expansion introduces USDT to Celo’s robust ecosystem with over 1,000 partners in 150 countries, including Opera MiniPay’s ultralight stablecoin wallet in Kenya and Ghana, among other countries,” the Celo Foundation said in a blog post. Tether and Celo initially announced their partnership on March 11. At the…

AltcoinsMay 5

Altcoins Owned by Binance, Coinbase, Bybit and OKX and Their Amounts Published

In a recent announcement, cryptocurrency analysis company Arkham disclosed the reserves held by major centralized exchanges. The report provides a detailed breakdown of assets held by each exchange. Binance Binance, the world's largest cryptocurrency exchange by trading volume, has a staggering total assets of $209.35 billion. The distribution of the main assets is as follows: BNB: $96.90 billion BTC: $40.56 billion USDT: $27.26 billion ETH: $13.72 billion FDUSD: $3.60 billion USDC: $2.50 billion WBETH: $2.26 billion SHIB: $1.74 billion PEPE: $969.15 million LINK: $863.28 million coinbase Amerika Birleşik Devletleri merkezli tanınmış bir kripto para borsası olan coinbase, 80,46 milyar dolar…

ExchangesMay 5

Anthony Scaramucci Issues Important 'Buy Bitcoin' Message

Billionaire investor and SkyBridge Capital founder Anthony Scaramucci founder Anthony Scaramucci has once again spotlighted Bitcoin (BTC) in his recent post about the coin. Taking to his official X page, Scaramucci noted that the United States dollar is far from losing its appeal. He showcased how the value of a dollar from 2020 is now worth just about 75 cents. The reduction in the value of the U.S. dollar, and technically, most fiat currencies prove that these Central Bank notes are not worth relying on as a store of value. The 25.14% compounded inflation rate recorded by Bitcoin is deemed…

BitcoinMay 5