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.
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re debuting This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few…
El Salvador President Nayib Bukele has continued to taunt international mainstream media in hopes of getting acknowledgment for the country’s Bitcoin (BTC) gains. Under Nayib Bukele, El Salvador became the first country in the world to officially recognize Bitcoin as a legal tender on September 7, 2021. The move at the time was followed by Bitcoin purchases that triggered backlash from various international organizations, including the World Bank. Besides bodies like the World Bank and International Monetary Fund, international mainstream media has always been critical of El Salvador’s move, a trend that has slowed following the visible profitability. Long Wait…
Louisiana has emerged as the 11th state to officially introduce a bill aimed at safeguarding fundamental Bitcoin (BTC) rights. Sponsored by Louisiana State Rep Mark Wright, the bill highlights various protections for Bitcoin users, reinforcing their right to engage with the digital currency ecosystem. The update comes amid the phenomenal Bitcoin price rally beyond $68,000. Louisiana Presents Bill To Safeguard Bitcoin Rights According to a post on X by the CEO and founder of Satoshi Act Fund, Dennis Porter, Louisiana State Rep. Mark Wright recently introduced a bill to preserve Bitcoin rights. Porter stated, “This landmark bill, championed by Mark…
The ongoing recovery trend in the Ethereum coin witnessed a major road at the $4080 level, resulting in an immediate price reversal in the daily chart. Within three days, the ETH price plunged 10% to its current trade at $3666. However, this pullback falling under the safety net of the Fibonacci retracement level indicates the top altcoin is poised for further growth. Also Read: Crypto Market Selloff: Top Reasons Why Bitcoin, ETH, XRP, ADA, SHIB Crash Today Why Ethereum’s Long-term Growth Unhindered by Market Pullback Ethereum Price| Tradingview Since late January, the second-largest cryptocurrency Ethereum has been under aggressive recovery…
Ripple has around 40.1 billion XRP, locked in escrows and not part of the token’s circulating supply. The company unlocks 1 billion tokens monthly and retains a fraction of them for its treasury reserves and sell-offs. Finbold has tracked these unlocks, identifying patterns that affect the asset’s long-term value. On March 1, Ripple unlocked another 1 billion XRP, valued at $630 million, keeping 200 million, consistent with prior months. This amount is now worth roughly $126 million, with each token priced at $0.63 by press time. In particular, the company prepared this month’s selling activity by sending the 200 million…
Wall Street Bull Expecting $150 Thousand in Bitcoin Announces His Short-Term BTC Target! Is New ATH Coming?
Tom Lee, head of research at Fundstrat, known as “Wall Street’s Big Bull”, made a new bullish prediction for Bitcoin. Participating in CNBC’s “Last Call” program, Tom Lee said that the Bitcoin price will reach $ 82,000 in the near term. Stating that the long-term target of $ 150,000 for BTC, that is, for the end of 2024, the famous analyst said: “As Bitcoin approaches its all-time high, I think BTC is likely to make a turn towards the long-term trend line at $82,000 in the short term and continue to move towards that level. Afterwards, in the long term,…
Grayscale amended a regulatory filing through which it intends to convert its Ethereum Trust to a spot exchange-traded fund (ETF). The company’s March 15 amendment strengthens its earlier filing in multiple ways. The update supports the argument that surveillance sharing within the CME ETH market is sufficient to protect against fraud and manipulation in the spot ETH market. Grayscale’s latest amendment includes a correlation analysis conducted by Coinbase as evidence of sufficient market correlation. Coinbase found that the CME ETH futures market has been “consistently and highly correlated” with the spot Ethereum market for roughly the past three years. The…
Crypto data tracker Whale Alert has spotted a large Shiba Inu move within the last 24 hours. A Robinhood-named address received a large transfer of 3 trillion SHIB tokens worth about $50 million from an unknown wallet. 🚨 🚨 3,023,255,579,400 #SHIB (49,933,096 USD) transferred from unknown wallet to unknown wallethttps://t.co/3D24M928iE — Whale Alert (@whale_alert) March 1, 2024 Whale Alert reported, “3,023,255,579,400 SHIB ($49,933,096) was transferred from an unknown wallet to an unknown wallet.” Robinhood’s SHIB acquisition coincides with a remarkable rally for the token, which has soared by over 70% in the last 24 hours, reaching highs of $0.00002888 in…
Vocal Bitcoin evangelist and founder of MicroStrategy Michael Saylor has taken to the Twitter/X social media platform to make an optimistic Bitcoin call to the global crypto community regarding the new BTC all-time high that he expects soon. In the meantime, top cryptocurrency analyst Michael van de Poppe has tweeted that a new historic peak for Bitcoin may be reached within the next few days. Michael Saylor’s anticipation of new Bitcoin ATH Michael Saylor has tweeted that the Bitcoin price at the moment is still below the $70,000 level ($0.07 million as he put it, measuring it in terms of…
Ethereum (ETH) developer Eric Conner, co-author of EIP 1559, one of the game-changing Ethereum (ETH) upgrades, explains why it makes no sense to compare the second largest blockchain and Solana (SOL). Solana UX versus Ethereum L2 UX: Are they really different? After the successful activation of EIP 4844, Ethereum (ETH) and Solana (SOL) have extremely minimal differences when it comes to user experience. Ethereum (ETH) dev Eric Conner says that the two networks now demonstrate similar metrics of transaction fees and operational speed. I’m so tired of these takes. Going to start calling every single one out.Solana UX vs. Ethereum…