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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.

Real-World Data Unlocks the True Value of Tokenization: Chainlink

Chainlink Labs’ director of capital markets said traditional finance is not the best use case for tokenization, real-world data is. Real-world asset (RWA) tokenization is one of the largest market opportunities in the blockchain industry, with a potential market size in the hundreds of trillions of dollars. 1/ The tokenized RWA opportunity is measured in trillions of dollars. By tokenizing an asset, blockchain-enabled superpowers are unlocked, from near-instant settlement to enhanced liquidity, fractional ownership, DeFi integration, & more. Breaking down the RWA megatrend 🧵👇 pic.twitter.com/e4WYSB8iAo — Chainlink (@chainlink) April 23, 2024 There are an increasing number of projects looking to…

Blockchain

Bitcoin Explodes 11% Weekly but the Chances of a Correction Increase: BTC Price Analysis

Bitcoin’s price is finally showing signs of breaking the previous all-time high to the upside. Cryptocurrency is entering uncharted territories, and predicting its upside potential becomes a lot more challenging. However, there are some hints interpreted from technical and on-chain analysis. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price is finally breaking the previous all-time high to the upside, with the price climbing toward the $70K level. The psychological resistance levels of $70K and $80K might be the upcoming targets for BTC in the coming months. Yet, the Relative Strength Index displays a clear overbought…

Bitcoin

Telegram's Pivot to TON Payments for Ads Boosts Toncoin

Telegram's decision to dump the euro in favor of toncoin is paying dividends to TON investors. The circular advertising economy could fuel more growth for the TON blockchain ecosystem. Telegram's embrace of crypto technology – namely, the closely-linked TON blockchain – accelerated Sunday with the roll-out of toncoin (TON) payments for advertisers and crypto payouts for content creators on the messaging app. The release has triggered an explosion of activity on The Open Network (better known as the TON Blockchain), which has now become Telegram's exclusive home for facilitating an entire social media advertising economy. A record 156,000 TON wallets…

Altcoins

Coinbase, Uniswap Execs Praise Ethereum Giant Consensys for Taking On SEC

Crypto industry heavyweights are lending their support to Consensys after the Ethereum giant launched a preemptive strike against the SEC on Thursday. Consensys, the company behind the MetaMask crypto wallet, filed a lawsuit against the SEC, alleging the regulator is trying to "seize control over the future of cryptocurrency" and is overreaching in its attempts to regulate Ethereum. (Disclosure: Consensys is one of 22 investors in Decrypt.) The company claims the SEC plans to regulate Ethereum as a security—which, up to now, the regulator has yet to state publicly. “Thanks [to the founder of Consensys and the rest of the…

Regulation

Alchemy Pay Integrates USDt on TON Network, Broadening Fiat Accessibility

Alchemy Pay, a leading provider of crypto and Web3 fiat payment solutions, has announced its seamless integration of the newly launched USDt on TON stablecoin by Tether onto its payment ramp. This strategic move aims to enhance accessibility and user experience for those transacting with USDt on the TON Network through fiat means, tapping into Telegram’s extensive user base of 900 million individuals. 🙌#AlchemyPay has integrated the newly-launched USDt stablecoin by Tether which expands accessibility to @ton_blockchain’s Web3 Ecosystem in Telegram, the messenger boasting an immense user base of 900 million. We are proud to enhance the user experience for…

Exchanges

B² Network Partners with SPACE ID to Revolutionize Identity Services

The most practical Bitcoin Layer-2 network B² Network has announced a pivotal partnership with SPACE ID. This collaboration will transform the identity sector for the B² ecosystem. SPACE ID is the global name service network expert, providing a complete identity framework that discovers, logs, trades, and manages all aspects of Web3 domains. Cooperation Announcement @BSquaredNetwork 🤝 @SpaceIDProtocol Our collaboration with @SpaceIDProtocol will provide users and projects within the B² ecosystem with .b2 decentralized identities, insights into innovative use cases, and infrastructure for building brand identities.… pic.twitter.com/vnQ2sBQDVf — B² Network | BTC Layer2 (@BSquaredNetwork) April 26, 2024 B² Network Enhances Security…

Blockchain

BlackRock’s IBIT ETF Hits $10 billion AUM in Record Time

BlackRock’s Bitcoin ETF, known as IBIT, has reached $10 billion in assets under management (AUM). This milestone sets a new record for the fastest growth to this level in U.S. ETF history. The remarkable achievement comes amid a significant rally in Bitcoin prices, underscoring the growing interest in digital assets among traditional investors. Launched in January, IBIT quickly captured the attention of both institutional and retail investors. This interest was significantly buoyed by the cryptocurrency’s bullish market phase, which saw Bitcoin reaching new highs. The ETF’s rapid accumulation of assets reflects a broader trend of increasing acceptance of cryptocurrencies as…

Bitcoin

Yuga Labs ‘Lost Its Way’ Says CEO as Bored Ape NFT Maker Reveals Layoffs

Bored Ape Yacht Club creator Yuga Labs continued its recent shake-up by announcing a restructuring initiative on Friday, which will include a new round of layoffs following a previous wave last October. Yuga Labs co-founder Greg “Garga” Solano, who returned as CEO in February, announced the news via Twitter on Friday, sharing screenshots of a Slack message sent to the team. “I owe everyone a frank and honest explanation of what led to this decision. To put it simply: Yuga lost its way,” he wrote. “Getting ourselves centered and on the right path means being a smaller, more agile, and…

NFT

In Conversation with Co-Creator Sasha Plotvinov

In an era where digital currencies and blockchain technology are reshaping our world, one project has emerged as a beacon of innovation and accessibility: Notcoin. A simple clicker game conceived in the minds of Sasha Plotvinov and his team at Open Builders, Notcoin has swiftly escalated into a phenomenon, captivating over 24 million users on Telegram since its inception. This staggering number not only surpasses the user acquisition rates of giants like Ethereum and Solana combined in 2023 but also places Notcoin on par with household names in the gaming industry in terms of concurrent online users. Amidst this whirlwind…

Altcoins

Elizabeth Warren Claims Crypto Is the ‘Payment of Choice’ for Child Abuse Material

U.S. Senator Elizabeth Warren (D-Mass.) is again attacking cryptocurrency, this time linking the digital asset market to child sexual abuse material (CSAM). In a bipartisan open letter to the U.S. Department of Justice and Department of Homeland Security—cosigned by Louisiana U.S. Senator Bill Cassidy—Warren called crypto the “payment of choice for child abuse material.” “We are writing to express our concerns regarding the use of cryptocurrency in the illegal trade of child sexual abuse material and to obtain information about the tools needed by the Department of Justice and Department of Homeland Security to end this illicit trade,” the senators…

Regulation