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.

Nym Teams Up with Aleo and Leo Wallet to Boost Digital Privacy

Nym, a pioneering privacy-centric mixnet protocol, is joining forces with Aleo, a top-tier privacy-focused blockchain platform, in a strategic alliance backed by Leo Wallet. Leo Wallet, a renowned cryptocurrency wallet native to the Aleo network, is a trusted name in secure wallet infrastructure. The newly formed collaboration harnesses Aleo’s zero-knowledge Layer-1 blockchain technology and combines it with Nym’s Layer-0 mixnet protocol. Aleo’s blockchain empowers developers to create scalable, full-stack applications with built-in security features. By integrating Nym’s mixnet and NymVPN’s decentralized privacy solutions, users will benefit from enhanced privacy and security across their online interactions, encompassing both TCP/IP communications and…

BlockchainApr 27

Bitcoin's Daily Candle Closes at All-Time High

On March 9, Bitcoin reached a historical milestone, with its daily closing price hitting an all-time high of $68,463. At press time, Bitcoin is on the verge of breaking the $70,000 mark, trading at approximately $69,415. This surge reflects a broader trend of increasing investment and confidence in the digital currency market. Market dynamics and Bitcoin's dominance The total market capitalization of all cryptocurrencies currently stands at $2.76 trillion, with Bitcoin commanding a 49% market dominance. Bitcoin's current price has ensured that 100% of its holders are profiting. The flagship cryptocurrency is just a hair's breadth away from its previous…

BitcoinApr 27

Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from the Bitcoin blockchain. Bitcoin’s Dominant Influence on NFT Sales Continues Bitcoin continues to advance in the realm of NFTs, having outperformed 24 unique blockchain networks over the past 30 days, including Ethereum. According to data from cryptoslam.io, Bitcoin-based NFTs have amassed $3.43 billion in total…

NFTApr 27

Can it withstand market pressure?

Ethereum has been in a period of wild fluctuations as its value has been struggling to recover, and it has now fallen below $3,100. A few days ago, ETH dropped to $3,074 and is currently making its last effort to get back on track after bouncing similarly to Bitcoin. The cryptocurrency value fluctuated, surpassing the $3,125 resistance point in favor. It jumped out of the 23.6% Fibonacci retracement level reached when the price dropped from the peak of $3,292 to $3,074. Nevertheless, despite the breakout success above $3000, it needs help to advance as it approaches the resistance point. This…

EthereumApr 27

946,179,495,223 Shiba Inu on Move Amid 9% Crash

Large Shiba Inu whales have moved nearly a trillion SHIB tokens in three transactions to a prominent trading platform as the crypto asset records a 9% drop in 24 hours. In a recent post on X, market tracker Whale Alert called attention to one of the significant Shiba Inu transactions. The report disclosed that 461,631,206,896 (461.61 billion) Shiba Inu left the well-known market maker Wintermute on April 1, 07:54 UTC. The Shiba Inu tokens involved are currently worth $13.18 million. 🚨 461,631,206,896 #SHIB (13,175,185 USD) transferred from #Wintermute to unknown wallethttps://t.co/pFyvok2fOT — Whale Alert (@whale_alert) April 1, 2024 Meanwhile, further…

AltcoinsApr 27

Cronos collaborates with KYVE to revolutionize Blockchain Data

The collaboration between KYVENetwork and Cronos represents a critical milestone in advancing blockchain technology. Through this partnership, users will now be able to access Cronos blockchain data effortlessly, which is beneficial to both node operators and developers. Furthermore, this partnership engenders an innovative approach to overseeing historical data via the blockchain, thereby guaranteeing its decentralized accessibility and facilitating seamless integration into a wide array of software applications. The partnership announcement was made through social media account X, proving that KYVE can preserve and authenticate all of Cronos’ previous data. This significant achievement provides a comprehensive and accessible dataset, which aids…

BlockchainApr 27

Bitcoin (BTC) at $200,000 Is More Feasible Than You Think: Trader Gert van Lagen

Trader Gert van Lagen has ignited conversations among traders with his analysis, suggesting that Bitcoin (BTC) reaching $200,000 is not only possible but could be on the horizon sooner than most anticipate. As we dissect the Bitcoin chart provided, the previous patterns of Bitcoin's performance post-all-time-high (ATH) indicate a startling trend: The price has a history of doubling within periods ranging from as short as 10 days to as long as 84 days. The current Bitcoin market trajectory on the chart showcases a strong bullish pattern, with the cryptocurrency emerging from a consolidation phase known as the "struggle" period. This…

BitcoinApr 27

Franklin Templeton’s Ethereum spot ETF listed on DTCC

Franklin Templeton’s proposed spot Ethereum ETF has appeared on the Depository Trust and Clearing Corporation’s (DTCC) new securities list with the ticker EZET. This development occurred just a day following reports of the SEC’s probable rejection of spot Ethereum ETF applications. The DTCC listing represents a preliminary step in the trading process, yet it does not ensure that the SEC will approve the Ether Spot ETF. The SEC’s decision on the fund remains pending. Franklin Templeton’s Ethereum spot ETF is now listed on DTCC – Source: DTCC Franklin Templeton filed for spot Ethereum ETF in February, joining other industry giants…

EthereumApr 27

NAVI Launches NAVI X Ecosystem Fund to Support Development on SUI Blockchain

A new incubation initiative will provide early-stage start-ups on SUI with comprehensive funding, expertise, marketing and community building support. NAVI Protocol introduces 10 million NAVI tokens ecosystem fund NAVI Protocol has announced the launch of the NAVI X Ecosystem Fund, a massive community-centric initiative. The team is committing 10 million NAVX tokens to foster the growth and innovation of the SUI blockchain's DeFi and Move-based ecosystem. The NAVX Utility Megathread 📜 Our team actively pursues partnerships within the Sui ecosystem that provide NAVI Protocol and the #NAVX token with increased use cases and utility. This thread will guide you through…

AltcoinsApr 27

Binance Law Enforcement Training Day Brought Together Investigators From 86 Countries

Main Takeaways Binance hosted its inaugural online Law Enforcement Training Day on April 19, 2024, an initiative aimed at providing advanced cryptocurrency education to the international law enforcement community. The event featured 11 speakers from both the private sector and law enforcement, focusing on practical aspects of cryptocurrency investigations. With over 1,300 law enforcement representatives in attendance, the event demonstrated the growing interest for such topics and underscored the necessity for cooperation between the public and private sectors for detecting and preventing crypto crime. On Friday, April 19, 2024, the eve of Bitcoin’s fourth halving, Binance hosted its inaugural online…

RegulationApr 27