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.

BNB surges 10%, eyes $700 peak as ecosystem booms

Over $3.02 billion in total value has been locked on PancakeSwap, the biggest DEX on Binance, marking a 25% profit in the last 30 days. Binance’s BNC token has seen a significant increase in value, rising by +190% from its lowest position in September 2023. Since its BNC token has grown steadily over the past 72 hours, Binance has again made the headlines. From its lowest position in September 2023, there has been an incredible rise of +190%. With more investors hoping for an increase in value and supporting the expansion of the ecosystem, the token is getting closer to…

AltcoinsMay 5

Bitcoin Creator Satoshi Nakamoto's Final Act Before Vanishing Decoded

Bitcoin's pseudonymous creator Satoshi Nakamoto has long captivated the imagination of the cryptocurrency community and beyond. His disappearance in 2011 remains one of the most enduring mysteries in the cryptocurrency world. After laying the groundwork for Bitcoin's development and guiding its early growth, Satoshi abruptly ceased all communications and vanished without a trace, leaving behind a legacy of innovation and speculation. This event would now mark its 13th anniversary. Thirteen years ago, on April 23, 2011, Bitcoin creator Satoshi Nakamoto sent his final emails to fellow developers, stating he had "moved on to other things" and that the cryptocurrency was…

BitcoinMay 5

Ethereum Lead Dev Shares Crucial Message on Account Abstraction

Ether developer Yoav Weiss has shared some notes on Ethereum’s road map for account abstraction. Lately there's a lot of chatter about the road to full account abstraction. I wrote some notes on what we've been building and how it gets us to full AA.https://t.co/UYEM0e5QLX — yoav.eth (@yoavw) May 3, 2024 In his post, Weiss gives a detailed overview of ERC-4337, what led to its development as well as Ether team’s future plans. What is ERC-4337? The ERC-4337 standard enables smart contract crypto wallets on the Ethereum blockchain, enhancing user experience with decentralized applications (dApps). The concept, introduced by the…

EthereumMay 5

2.6 Trillion PEPE Shifts From Major Crypto Exchange, Price Dips 5%

Recently, a substantial transfer of 2.6 trillion PEPE tokens from a major cryptocurrency exchange has caught the attention of investors and analysts alike. According to Whale Alert, 2,635,658,884,119 PEPE worth $21,108,992 were transferred from the KuCoin crypto exchange to an unknown wallet. The reason for the move might not be farfetched, as crypto exchange KuCoin saw significant crypto withdrawals over the past 24 hours, and assets under management (AUM) fell 20% as the trading platform faced charges from U.S. regulators. 🚨 2,635,658,884,119 #PEPE (21,108,992 USD) transferred from #Kucoin to unknown wallethttps://t.co/N1TRfokBDb — Whale Alert (@whale_alert) March 27, 2024 As reported,…

AltcoinsMay 5

BlackRock’s Bitcoin ETF sees $217m outflow

The spot Bitcoin ETF sector is again in the red zone, experiencing a capital outflow of $217 million on April 25. According to SoSo Value, funds did not move in five ETFs, including BlackRock’s iShares Bitcoin Trust ETF (IBIT). This is the second day in a row that the BlackRock fund has not recorded an inflow of capital. In addition to the Grayscale Bitcoin Trust ETF (GBTC), outflows were recorded in four ETFs, including the one from Fidelity Investments and ARK Invest/21Shares. Despite the latest trend, IBIT was among the top 10 ETFs with a long period of uninterrupted capital…

BitcoinMay 5

A compelling tale of Bitcoin's growing dominance over traditional gold investments

Quick Take Bitcoin left a significant mark on the ETF industry in 2024, with Bitcoin ETFs drawing in more than $12 billion in net inflows combined. Leading this surge is BlackRock’s iShares Bitcoin ETF (IBIT), which has accumulated over $15 billion in net inflows and stands at the forefront of this success narrative. Recently, IBIT completed an impressive streak of 71 consecutive days of inflows, firmly establishing itself among the top 10 US ETFs in terms of successive inflows. However, to fully grasp the significance of IBIT’s achievement, it’s crucial to compare it with the SPDR Gold ETF (GLD), given…

BitcoinMay 5

Milady to release ‘meme phone’, giving away 1m LADYS for every purchase

The Milady meme project launches Meme Phone as part of the presented roadmap. According to the project statement, the limited edition phone for Milady Meme Coin (LADYS) owners is a testament to the project’s commitment to “innovation and creativity.” 🎉 Unveiling $LADYF Depin project: Meme Phone📱 We're thrilled to announce the launch of our exclusive Meme Phone, a monumental milestone as part of our roadmap! 🚀 This limited-edition phone is a testament to our commitment to innovation and creativity. Details are below 🌟 👇 pic.twitter.com/UVPA25mMng — Milady (@miladymemecoin) March 27, 2024 You might also like: Milady developer steals $1m in…

AltcoinsMay 5

Bitcoin maxis could shield the market from Mt. Gox sell-off effects, suggests expert

As the Mt. Gox exchange prepares to release billions of dollars worth of Bitcoin (BTC), market analysts speculate on the potential for a sell-off that could depress Bitcoin prices. Despite these concerns, industry leaders posit that Bitcoin maximalists and long-term holders might mitigate any significant market downturn. Approximately 142,000 BTC, valued at over $9 billion, and 143,000 BCH, are slated for distribution to creditors by October as part of the repayment plan from the infamous hack. While the payouts are a boon for creditors, they pose a risk of triggering sell-offs, potentially affecting Bitcoin’s price. Brad Howell of Keyrock UK…

BitcoinMay 5

ERC-404 and the evolution of NFTs towards standardization and accessibility

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Since their inception, non-fungible tokens have taken not just the art world by storm but the wider public consciousness as well. From mere digital collectibles selling for a few dollars, NFTs have burgeoned into multi-million dollar assets with diverse utility, signifying an emblematic revolution within the landscape of digital ownership and creation. However, amidst this backdrop of rapid growth and innovation, each evolutionary step exposes a need for standardization, and this is where ERC-404 comes to the…

NFTMay 5

Velar Launches on Bybit: Unleashing Bitcoin's DeFi Potential

Key takeaways $VELAR is set to make history as the first Bitcoin ecosystem project to launch on a top crypto exchange. The collaboration between Velar and Bybit signifies a notable advancement for Bitcoin's role in DeFi Velar is poised to unlock the full potential of Bitcoin, mirroring the advancements seen on Ethereum. Velar, a pioneering Bitcoin liquidity protocol, is set to make waves by introducing trillions of dormant Bitcoin capital into the DeFi ecosystem. This significant development comes as Velar announces its Initial Exchange Offering (IEO) on Bybit, a leading exchange known for its immense trading volume and comprehensive derivatives…

AltcoinsMay 5