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.

Silk Road Founder Ross Ulbricht Fears He May Be Silenced in Prison Forever: Details

Ross Ulbricht is the founder of the ill-famed darkweb marketplace The Silk Road shut down in 2013 after running for two years under Ulbricht’s leadership. Having spent more than a decade in prison already, he has tweeted that now, the US authorities may deprive him of the connection to the crypto community – social media presence. Ulbricht announced that he may be deprived on his voice on social media soon. According to his tweet, the Bureau of Prisons is considering preventing prisoners from using any social media in the future even those who have accounts run by their close relatives.…

LegalMay 4

Most Awaited Upcoming Crypto Exchange Listings Today

Today, two major cryptocurrency exchanges, MEXC and Indodax, are set to list a few interesting trading pairs. MEXC, established in 2018, is renowned for its high-performance technology and has over 10 million users in more than 170 countries. INDODAX, the largest digital asset marketplace in Indonesia, offers a wide range of coins and trading pairs to over 2 million users. It allows customers to buy digital assets with Indonesian Rupiah. Let’s see the major trading pairs going to be listed Today. 1. Trading Pairs To Be Listed in MEXC Today UDS/USDT, PEPEBOMB/USDT, FOMONET/USDT, and NEUROS/USDT are the four prime trading…

ExchangesMay 4

Yuga Labs, Somnia to Optimize Metaverse Interoperability

Yuga Labs, creators of the Bored Ape Yacht Club NFTs, have announced a groundbreaking partnership with Somnia, an emerging powerhouse in blockchain technology designed specifically for the metaverse. This collaboration aims to dramatically enhance the interoperability across the expansive digital realms of Yuga Labs’ Otherside. Yuga Labs and Somnia Will Optimize the Otherside Metaverse Somnia’s high-performance L1 blockchain and innovative omni-chain protocols support hundreds of millions of transactions per second, setting a new standard for connectivity within the metaverse and gaming ecosystems. By leveraging these technologies, Yuga Labs will provide its NFT holders, including those from the Bored Ape Yacht…

MetaverseMay 4

Former Grayscale Director Predicts Bitcoin Price Drop to $52K

Bonello indicated that the current adverse swing in Bitcoin’s price would lead to a huge fall. In addition, the ex-Director of Grayscale expects ETF activity to skyrocket this year. Former Grayscale Investments director Phil Bonello has lately shook up the cryptocurrency world with a slew of comments and forecasts about Bitcoin’s future. Furthermore, he provided comments about the wider cryptocurrency industry. Bonello indicated that the current adverse swing in Bitcoin’s price would lead to a huge fall. Among the many important things that Bonello made in an X post was the possibility that Bitcoin may fall to $52,000. Concerns about…

BitcoinMay 4

NFTBank Releases V2 Update, Expanding Capabilities for NFT Investors and Gamers

NFTBank, an NFT portfolio management platform, has just released an improved version of its service, NFTBank V2. The platform has built a reputation for its accuracy in NFT valuation and profit and loss reporting. The release of NFTBank V2 aims to expand on this foundation by providing additional capabilities that enable monitoring of NFT purchases via various techniques, including minting, bulk buying, and transactions across main and secondary markets. These updates are important in a market where openness and accuracy in asset value are essential for investor trust and regulatory compliance. NFTBank V2 can connect to up to 3,000 wallets,…

NFTMay 4

Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg

London-based CF Benchmarks provides reference data for crypto ETFs totalling $24 billion in AUM, mostly bitcoin products including BlackRock's IBIT. The firm is also now working with the new ETFs in Hong Kong which debuted earlier this week to rather meagre trading volume. The CEO of CF Benchmarks, a unit of cryptocurrency exchange Kraken, predicts that despite an inauspicious beginning, crypto exchange-traded funds (ETFs) in Hong Kong will reach $1 billion in assets under management (AUM) by the end of 2024, Bloomberg reported on Friday. London-based CF Benchmarks provides reference data for crypto ETFs, mostly bitcoin products including BlackRock's IBIT.…

RegulationMay 4

Will Elon Musk’s X Payments System Include Dogecoin and Other Cryptocurrencies? Here is the Latest Clear Information

There has been a new development regarding the payment company X Payments, which will be included in the social media platform formerly known as Twitter and whose name was changed to X after Elon Musk's acquisition. According to the latest information, X Payments will most likely not support cryptocurrency payments at launch. The company has not yet applied for the necessary virtual currency licenses that would allow its products to include virtual assets. Today, X Payments was granted a Check Sales and Money Transmitters license for Louisiana. However, Louisiana also requires a Virtual Currency Business License for products involving crypto…

AltcoinsMay 4

As CZ Gets His Sentence, Michael Lewis Should Rewatch 'Star Wars'

Author Michael Lewis tends to take a very charitable stance regarding Sam Bankman-Fried despite his recent conviction, which led to a 25-year prison sentence. Following publication last year of "Going Infinite," Lewis' book about the FTX founder that many said is over-generous, a Time magazine journalist asked him about criticisms. "This is what happens when you address a mob," he said. When movie rights for the book were shopped around Hollywood, the pitch letter said, as reported in 2022, that Lewis "likens [SBF and Binance's Changpeng "CZ" Zhao] to the Luke Skywalker and Darth Vader of crypto" – and it…

LegalMay 4

JUST IN! OKX Announces It Will List a New Altcoin!

OKX, a leading crypto exchange and Web3 technology company, has announced its latest updates for May 3, 2024, including plans to list ZeroLend's token ZERO on the spot market. OKX Announces ZeroLend's Token ZERO Listed on the Spot Market In an official statement today, OKX announced its intention to list ZeroLend's governance and utility token, ZERO, on the spot market. This move aims to expand the trading options available to its users and improve the platform's offerings. Considered one of the fastest growing multi-chain lending protocols, ZeroLend focuses on various topics such as Liquid Restaking Tokens (LRTs), Real-World Assets (RWAs),…

ExchangesMay 4

Bitcoin Could Witness Repeat of November 2020 Parabolic Rally Amid Max Price Compression, Says Analyst

A widely followed analyst believes that Bitcoin (BTC) is gearing up for a parabolic surge despite its recent price doldrums. Pseudonymous crypto strategist TechDev tells his 447,600 followers on the social media platform X that conditions on Bitcoin’s two-month chart suggest that BTC is almost ready to witness a price explosion. The analyst predicts that BTC will rally by over 120%, similar to what happened in late 2020 when Bitcoin surged from around $13,000 to over $29,000 in just two months. “Bitcoin’s two-month candle is right on the candle body high, soon after max compression. As RSI (relative strength index)…

BitcoinMay 4