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.
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…
Floki Inu (FLOKI) has recently experienced a remarkable surge in its price, witnessing a staggering 100% increase to reach over $0.0000949. This surge has not gone unnoticed within the cryptocurrency market, attracting significant attention from investors and enthusiasts alike. Such a rapid price movement highlights the dynamism and volatility inherent in the crypto space, with Floki Meme Coin emerging as a prominent player in the midst of this volatility. The sudden spike in Floki’s price has sparked discussions and speculation, reflecting the growing interest in alternative cryptocurrencies and meme coins in particular. As Floki continues to capture the spotlight, its…
In a remarkable display of confidence in the cryptocurrency market, a newly-created wallet has withdrawn an astonishing 6,660 BTC, equivalent to approximately $445 million, from the popular cryptocurrency exchange Kraken over the past four days. This significant transaction was brought to light by the blockchain analytics platform Lookonchain, which regularly monitors and reports on large movements of cryptocurrencies. A fresh wallet withdrew 6,660 $BTC($445M) from #Kraken in the past 4 days.https://t.co/4Hd54e1CmA pic.twitter.com/bZXiiOhrIn — Lookonchain (@lookonchain) March 5, 2024 This hefty withdrawal by a single entity, often referred to as a ‘whale’ within the crypto community, has caught the attention of…
Just two months after their approval, spot Bitcoin ETFs became a sensation, attracting over $11.8 billion in investments, including a record $1 billion in a single day. This influx of capital has driven Bitcoin’s price to an all-time high of nearly $73,000, an increase of almost 60% this year. Ethereum, the second-largest cryptocurrency by market cap, followed suit, climbing to nearly $4,000. The increase in Ethereum price is partly due to anticipation surrounding the U.S. Securities and Exchange Commission’s (SEC) upcoming deadline to respond to the initial spot ETH ETF application filed by VanEck on May 23. Bitwise CIO Matt…
The 2024 bull run is setting the stage for a showdown among AI-powered cryptocurrencies, with several emerging as frontrunners, ready to outpace Worldcoin. Among these, Bittensor (TAO), Render (RNDR), Fetch.ai (FET), Arkham (ARKM), and Ocean Protocol (OCEAN) shine as potential giants. Their robust foundations and innovative applications position them as prime tokens for investors eyeing the next big leap in crypto. Bittensor (TAO) Bittensor (TAO) emerges as a pioneering force in decentralized machine-learning networks operating on a blockchain framework. This innovative protocol facilitates collaborative training among machine learning models, rewarding their contributions with TAO based on the value they add…
House Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal
House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) lambasted the Consumer Financial Protection Bureau (CFPB) Wednesday morning for their recent federal oversight proposal of digital asset payment systems, telling the independent government agency to “go back to the drawing board.” Republicans Criticize Consumer Financial Protection Bureau’s Oversight Rule “There is no doubt that this proposal will decrease incentives to innovate in the payments space and leave consumers encumbered with fewer firms from which to choose a payment method–that decreases competition,” Hill said. Republican subcommittee members predominantly argued that the Consumer Financial Protection Bureau’s…
The crypto world watches with bated breath as BTC continues to hover around $68,000 to the dollar, below its all-time US high of $69,000. Invezz spoke to Rania Gule Market Analyst at XS.com on what will likely happen next. Edited excerpts: How likely is Bitcoin to reach or surpass $69,000 this week? The new rise [to] the highest level since November 2021, confirms the strength of the upward trend, despite negative technical signals indicating the price reaching overbought conditions. After breaking above the April 2021 level at $64,821, the price will inevitably target the higher record level of November 2021…
Investor Chris Burniske Says He’s Very Long and a Major Believer in One Crypto Ecosystem – And It’s Not Solana
An investor who accurately called Bitcoin’s (BTC) 2022 bear market bottom says he’s extremely bullish on one smart contract protocol. Venture capitalist and crypto investor Chris Burniske tells his 285,400 followers on the social media platform X that Ethereum (ETH) has cemented its status as a “credible settlement layer for crypto assets.” According to Burniske, other layer-1 protocols such as Solana (SOL) and Avalanche (AVAX) are at a point where they’re contending to reach Ethereum’s level. “Despite being most vocal about SOL in the last bear given its distressed levels, and the already known problems being highlighted regarding Ethereum UX…