Making sense of crypto.
NBTCNEWS

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.

Over $158 Million in Solana (SOL) Mysteriously Moved to Coinbase

In an unexpected flurry of activity, over $158 million worth of Solana (SOL) was transferred to Coinbase, one of the most popular cryptocurrency exchanges. The crypto community was alerted to this significant event by Whale Alert, a well-known service that tracks large cryptocurrency transactions. Through a series of tweets, Whale Alert detailed the transfer of large amounts of SOL from unidentified wallets to Coinbase. The transactions took place in quick succession, with the first involving 201,629 SOL, valued at approximately $39.6 million. This was immediately followed by a second transfer of 201,629 SOL, valued at $39.6 million. The third transaction…

Can Ethereum (ETH) Outshine Bitcoin (BTC) in May? These Analysts Weigh In

As the crypto market continues to navigate its intricate patterns, the rivalry between Ethereum (ETH) and Bitcoin (BTC) remains a focal point for traders and investors alike. Recent analysis suggests a power struggle between Ethereum and Bitcoin in the coming month. Can ETH regain its bullish price action against BTC in May? Analyzing ETH/BTC: Traders’ Insights on Crypto Price Trends Ethereum recently reclaimed a critical trading range, suggesting strong support at approximately 0.049 in its pairing with Bitcoin (ETH/BTC). This recovery is pivotal as it indicates Ethereum’s resilience and potential for upward movement if it maintains above this threshold. Crypto…

here’s what’s driving the price rally

CORE DAO’s token, CORE, sees a 67% surge reaching $2.75. Several institutional investment funds have shown interest in CORE. Technical indicators signal a bullish trend for CORE, despite the high RSI suggesting potential overvaluation. The price of Core DAO’s native token, CORE, has experienced a staggering surge of over 200% within a week, capturing the attention of cryptocurrency investors. This surge prompts an investigation into the factors fueling CORE’s rapid growth and its implications for the broader cryptocurrency industry. CORE price performance CORE DAO operates as an L1 blockchain supporting Ethereum Virtual Machine (EVM), enabling the execution of Ethereum smart…

1-Year Anniversary of DOGE Becoming Temporary Twitter Logo Celebrated by Dogecoin Army

X/Twitter user “DogecoinDesigner,” who seems to be part of the DOGE and perhaps the X team, has published a reminder of an important milestone for the Dogecoin army. They tweeted that a year ago, around Easter time, Twitter changed its logo from the iconic blue bird to a Dogecoin mascot. The DOGE price soared as the community expected things to stay that way permanently and DOGE to be used for internal payments. However, the blue bird was back in its usual place approximately a week later. This was way before the social media platform got itself the black-and-white X logo.…

Jiritsu Network and Avalanche Partner to Boost Asset Management with Jiritsu Layer 1

In a monumental stride towards revolutionizing asset management, Jiritsu Network, in collaboration with Avalanche, has announced the launch of the Jiritsu Layer 1 blockchain. This innovative platform, powered by Zero-Knowledge Multi-Party Computation (ZK-MPC) technology, aims to reshape the landscape of asset management by enabling the verification and tokenization of previously unverifiable assets. The introduction of Jiritsu Layer 1 represents a paradigm shift in the industry, particularly in sectors such as private equity, real estate, and supply chain logistics. By leveraging ZK-MPC technology, the platform facilitates secure verification and on-chain authentication of assets, significantly reducing the barriers to tokenizing real-world assets…

Polygon stuck as people lose trust in MATIC and ZK.Money

Polygon has been in the news the last week with their new Napoli upgrade and bidding farewell to the Mumbai testnet. Matic raised USD 5.6 million in April 2019, with a 310% ROI estimated for August 2022. Private ventures like Decentraland, Zebi, and Parsec Labs have invested in the project. Matic’s low gas fees, ranging from $0.0005 to $0.2, allow high transaction throughput and other benefits. Ethereum Layer 2 has faced criticism due to its significant challenges due to gas fees and scaling issues. Based on the Ethereum Virtual Machine, the Polygon blockchain uses side chains to scale smart contracts.…

Blockchain: what is Proof-of-Stake (PoS)

One of the fundamental concepts to understand in order to deepen the knowledge of the world of blockchain and cryptocurrencies is that of the so-called Proof-of-Stake (PoS). In order to delve deeper into this topic, it is necessary first of all to know what is meant by blockchain. The Proof-of-Stake Blockchain: the difference between centralized and decentralized Blockchain: The Proof-of-Stake (PoS) consensus mechanism The difference with Proof-of-Work (PoW) The main features of Proof-of-Stake The differences The Proof-of-Stake Blockchain: the difference between centralized and decentralized By itself, a blockchain would simply be, as the name suggests, a chain of blocks linked…

Worldcoin Whale Suddenly Absorbs Billions of Shiba Inu (SHIB)

In a recent event, a substantial volume of Shiba Inu (SHIB) tokens has been transferred, attracting widespread attention among on-chain analysts. According to data provided by Arkham Intelligence, four addresses, specifically "0x63A," "0x958," "0xbffa" and "0xBbe," were involved in the movement of approximately 93 billion SHIB tokens, valued at over $2.6 million. However, a closer examination of the transaction reveals that only a fraction of the total SHIB volume transferred, around 24.99 billion tokens worth $717,730, was actually acquired. This raises questions regarding the motive behind the transaction and the strategies employed by the involved parties. Of particular interest is…

Saakuru Labs and GameGPT Partners to Revolutionize Blockchain Gaming

One of the leading blockchain solutions provider, Saakuru Labs, recently revealed its business partnership with the AI-based game creator, worldwide game leader, GameGPT. The deal agreed to apply GameGPT’s most innovative AI engine to the Saakuru protocol. According to sources the partnership will result in even more development and everlasting imagination of the blockchain gaming sector. GameGPT’s AI Integration Revolutionizes Saakuru’s Developer Suite In fact, the kinship between Saakuru Labs and GameGPT will be a game-changer for the development and release of high-caliber blockchain games. With their robust AI engine, Saakuru’s developers will benefit from rapid deployment of games and…

DigiByte rides on a bullish horse, expected to rise by 6,000%

DigiByte’s DGB is poised to rise further in the future. It is currently up by 3.68% in the last 24 hours, exchanging hands at $0.01658. An ideal scenario sees the token climb as high as $0.18 before breaking out at $1 eventually. The most anticipated rise is 6,000%. Several markers, including the Relative Strength Index, show the potential of a bullish run. Different support levels have been drawn, primarily to strengthen the speculation. The least is $0.0075. A constant drop is expected, sending waves of sentiment that this might not be a good time to buy the token. Nevertheless, the…