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.

The Changing Face of Risk in DeFi

Decentralized finance (DeFi) is experiencing renewed momentum. The activity in new ecosystems, and the high yields, resemble the famous 2021 DeFi Summer. The variety of innovative protocols makes it incredibly hard for investors to keep up, while at the same time, the impressive growth raises concerns about risks accumulating in the DeFi ecosystem. You might have heard the doomsday analyses comparing the most successful protocols of this wave, like Ethena or Eigen Layer LRTs, with risk management disasters like Terra, without really providing any credible evidence of the parallels. Fact is, this new generation of fast-growing DeFi protocols is much…

DeFiApr 30

Ethereum (ETH) Crushing Bitcoin (BTC) with 6% Price Spike

The price of Ethereum, the second-largest cryptocurrency, has surged more than 6% over the past 24 hours. ETH is currently trading at $3,320 on major spot exchanges, according to data provided by CoinGecko. Bitcoin's dominance is currently sitting slightly above the 50% level. The ETH/BTC pair is currency sitting at 0.051 BTC after peaking at 0.052 BTC earlier today. The pair is now up nearly 13% over the past two weeks alone. However, the pair is still down 15% from its 2024 peak of 0.061 BTC that was achieved on Jan. 12. A major resistance level According to the 100eyes…

EthereumApr 30

Bitcoin Dips to 10-Day Low Amidst Heightened Selling Pressure

Bitcoin’s price dips, and trading volume rises but struggles to surpass $64k. Federal Reserve is likely to maintain interest rates amid changing monetary policy. Bitcoin experienced a downward trend, hitting a 10-day low of $62,230.51, with trading volume increasing by 10% to $19 billion. Over the past week, it faced a 6% decrease in price, struggling to surpass the $64,000 mark. This lackluster performance coincided with a slight drop in Social Volume, indicating waning interest in BTC within the crypto community. While such fluctuations are typical during periods of price exploration, analysts advise heightened vigilance. Research data reveals the mounting…

BitcoinApr 30

Paradigm Capital Moves 3,718 ETH to Anchorage Digital as ETH Rallies

Paradigm Capital, an employee-owned independent investment dealer, transferred 3,718 ETH to Anchorage Digital in the early hours of Sunday, April 28. According to Colin Wu, a famous Asian crypto journalist, this was the first time Paradigm transferred ETH in the past three months. Paradigm transferred 3,718 ETH to Anchorage Digital: Custodian (0xd5…0191) today, worth approximately US$12 million. This was Paradigm’s first ETH transfer in three months. Currently, the Paradigm address still holds approximately $415 million in crypto assets, mainly 83.518k… — Wu Blockchain (@WuBlockchain) April 28, 2024 As of the transfer’s time, the transaction’s value was about $12 million, leaving…

EthereumApr 30

Here’s How Many Hours Michael Saylor Spent Studying Bitcoin – Hold Tight

Renowned Bitcoiner and founder of MicroStrategy business intelligent giant Michael Saylor has shared an extract from a recent interview where he revealed the enormous amount of hours he has spent studying Bitcoin. He also stated that he has never yet met a well-informed Bitcoin critic. More than 1,000 hours of studying Bitcoin In a recent “Visao de Lider” podcast, MicroStrategy chairman and a rigid Bitcoin advocate Michael Saylor spoke about his take on the global flagship crypto. Among the questions he got to answer, there was one about how many hours he had spent studying BTC. Saylor made it clear…

BitcoinApr 29

Bitcoin Runes Mania and More Ethereum Legal Drama

Illustration by Mitchell Preffer for Decrypt Crypto Twitter this week was dominated by the industry’s new hottest topic, Bitcoin Runes—plus a steaming hot serving of legal drama in the form of a preemptive lawsuit filed by Ethereum software giant against the U.S. Securities and Exchange Commission (SEC). Ever since Bitcoin’s latest halving, Runes—a new Bitcoin-based protocol that can support fungible tokens like meme coins—has surged in popularity. DOG, a new Runes meme token, was airdropped on Wednesday to holders of the Runestones Ordinal project. The distribution to tens of thousands of wallets immediately made DOG the most popular Runes token…

EthereumApr 29

Abu Dhabi Foundation Launch and Collaborations with Trademark Africa & WEF Signal Growth

IOTA has continued to expand its influence in Abu Dhabi and Africa through strategic partnerships. Beyond fundamentals, IOTA is advancing on the tech front with IOTA 2.0 in view. The IOTA blockchain network has recorded some breakthrough projects which include its Foundation launch in Abu Dhabi and collaborations with Trademark Africa and the WEF. IOTA’s Foundation Launch in Abu Dhabi As revealed in a post on the X platform, the IOTA Foundation was formed in Abu Dhabi in partnership with the Abu Dhabi Global Market (ADGM) in the fourth quarter of 2023. This collaboration opens the door for IOTA’s development…

AltcoinsApr 29

Should You Play This Clever Mashup of Strategy Genres?

Bored of all trading card games feeling the same? Apeiron blends together a spectrum of genres to produce a refreshing experience. While in closed beta on PC, the game launched a play-to-airdrop campaign which attracted an audience on the Ronin network. Now in open beta via the Epic Games Store and Mavis Hub, players are giving the game a spin and finding the game is more than just token-fueled hype—it’s actually quite good. Apeiron’s unique concoction gives the game a distinct feel, fun and strategic challenges, and an innate competitive nature. Fortunately for these new Apeiron gamers just jumping in…

GameFiApr 29

Andrew Tate says Bitcoin is only choice as ‘dollar’s f**ked’

While it is no secret that social media personality and former professional kickboxer Andrew Tate is a big fan of Bitcoin (BTC), he has recently shared a view that the flagship decentralized finance (DeFi) might, in fact, become the only acceptable monetary and investment choice. Specifically, Tate has argued that the United States dollar was “f**ked,” along with real estate and many other investments, which the government might take away from their holders as tyranny grows worse, leaving the maiden cryptocurrency as the only option, according to his X post on April 28. Meanwhile, Bitcoin was at press time trading…

BitcoinApr 29

Binance Seeing Ethereum Whales Outflow: What's Happening?

Binance has experienced significant outflows: 14,146 ETH, valued at approximately $46.74 million, within 24 hours. Notably, a fresh wallet also extracted 95.67 million USDT along with 7,402 ETH, equating to around $23.3 million. The activity mirrors the withdrawal patterns of two other wallets known for moving large quantities of ETH and stablecoins off the platform. The smart money tracking service Lookonchain even raised a question: Could these transactions be linked to Justin Sun, known for his substantial funds movements, or are they simply routine redistributions? While the identity of the wallet owners remains unconfirmed, the movement of such large sums…

EthereumApr 29