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.

Solana Whales Are Making Moves – Here’s The Direction They’re Headed In

The price of Solana had briefly crossed $200 before tumbling back down in the last week. This move has triggered a wave of movement across the market, and whales are now showing their hands. Over the last day, there have been a number of notable whale transactions and their destinations could give an inkling as to how these large crypto investors are looking at the market right now. Solana Whales Move Hundreds Of Millions Worth Of SOL The whale movements began on Monday when the market had first begun to slow down, with the Solana price falling below $190. The…

AltcoinsApr 27

How MANTRA Hongbai Testnet is Shaping the Future of Digital Finance

In a significant move towards the convergence of traditional financial markets and decentralized finance, MANTRA has announced the launch of the Hongbai Incentivized Testnet. This development is a critical component in the MANTRA Chain ecosystem, serving as a preparatory platform for the upcoming mainnet. The Hongbai Testnet is designed as a sandbox where developers and users can refine and test their applications, ensuring robustness and functionality before the official launch. This strategic initiative not only underscores MANTRA’s commitment to innovation but also sets the stage for a transformative impact on how real-world assets (RWAs) are handled within the blockchain space.…

BlockchainApr 27

Bitcoin reaches a new All Time High before the halving

Recently, the value of Bitcoin has continued to reach new All Time Highs, reaching $70,000 to be exact. The price of Bitcoin is currently experiencing a significant surge, amplified by the innovative “ETF effect” and the positive market sentiment ahead of the upcoming halving. Let’s see below all the details. Effects and causes of the new All Time High of Bitcoin Bullish perspectives for Bitcoin: strong acquisitions and on-chain clues The success of Bitcoin ETFs among the causes of the rally Effects and causes of the new All Time High of Bitcoin As anticipated, the value of Bitcoin experienced a…

BitcoinApr 27

G+D to Assist Central Bank of Mauritania in CBDC Design

German security technology group Giesecke+Devrient (G+D) is partnering with the Central Bank of Mauritania to explore the design and development of a central bank digital currency (CBDC) dubbed ‘digital Ouguiya.’ The partners signed a deal during the World Bank Group’s Spring Meetings held this month in Washington. Wolfram Seidemann, CEO of G+D Currency Technology, and Mohamed Lemine Ould Dhehby, governor of the Banque Centrale de Mauritanie inked a deal to work together in investigating the creation of a CBDC. The collaboration focuses mainly on the potential advantages of a digital Mauritanian Ouguiya for the nation’s economy and society. The governor…

MarketsApr 27

617.3 Million Wormhole (W) Token Airdrop Slated for April 3

The cross-chain protocol Wormhole is gearing up to unveil its governance token, W, with an airdrop slated for April 3. This initiative marks a significant milestone, distributing a staggering 617.3 million W tokens to over 400,000 wallets. It aims to reward early adopters and contributors across Solana, Ethereum, and various other chains. Wormhole’s 617.3 Million Token Airdrop Dubbed “Wormhole Wednesday,” the launch is set for 11:30 UTC on April 3. This token airdrop aims to bolster the Wormhole ecosystem, further enhancing its commitment to facilitating seamless inter-chain transactions. “The launch of W is structured to significantly decentralize protocol stakeholders right…

AltcoinsApr 27

Oasis Protocol Starts Working as an Exclusive Data Publisher on Synternet

Oasis Protocol, an open-source decentralized blockchain, has recently made a landmark development. The company has disclosed that Synternet, a prominent blockchain that drives interoperable infrastructure across top chains, is welcoming Oasis as a data publisher. The platform took to its account on X to reveal the latest achievement. We are excited to share that @synternet_com now includes Oasis as a data publisher, offering Sapphire & Emerald data streams via the Data Layer Portal! This enables developers to rapidly integrate real-time, confidential data into apps across finance, healthcare, and more 👏: https://t.co/tAk8HaWIcw — Oasis (@OasisProtocol) April 26, 2024 Synternet Includes Oasis…

BlockchainApr 27

Bitcoin (BTC) Soars Above $71K, Logs New Record Peak

Bitcoin has shattered previous records by reaching a new all-time high of $71,092 on the Bitstamp exchange. This milestone comes as the cryptocurrency market continues to gain mainstream acceptance and attract significant investment from both retail and institutional investors following the approval of a slew of spot Bitcoin ETFs. Before reaching its new peak, Bitcoin recorded its highest weekly candle close ever at $69,062 on Bitstamp. In the meantime, the price of Ethereum, the second-largest cryptocurrency recently surged above the $4,000 level. More than $300 million worth of liquidations The recent price volatility has also led to significant market liquidations,…

BitcoinApr 27

Monex Bets Big on Crypto with 3iQ Acquisition and QMAP Investment

Tokyo-based financial services company Monex Group has completed its acquisition of a majority stake in 3iQ Digital Holdings, a Canadian crypto asset manager. The acquisition, initially announced in December 2023, has resulted in 3iQ and its subsidiaries becoming part of the Monex Group. To support 3iQ's rapid business expansion, Monex Group has also invested $7.5 million in 3iQ's Managed Account Platform (QMAP). QMAP offers institutional investors access to a diverse range of crypto hedge funds, featuring alpha-oriented strategies tailored to meet the complex demands of global institutions. This investment significantly strengthens 3iQ's institutional digital asset management position. The company was…

MarketsApr 27

Bitcoin blasts past $71.5k setting new all-time high

On Mar. 11, Bitcoin touched a new record at $71,500 high, fueled by investors pouring more liquidity into the market. The price of Bitcoin (BTC) quickly surged to a new all-time high at $71,569 (on BitMEX), breaking the record it set just a few days ago. As a result, Bitcoin‘s market capitalization has neared $1.4 trillion, as per data from CoinMarketCap. Bitcoin prices on Korean exchanges | Source: Coinranking Additionally, data from Coinranking revealed a substantial increase in Bitcoin prices on South Korean crypto exchanges, exceeding the $75,000 mark mainly due to the Kimchi premium, which denotes the spread in…

BitcoinApr 27

Germany’s central bank says Eurosystem won’t be able to ‘identify people’ based on CBDC payments

Deutsche Bundesbank president Joachim Nagel reaffirmed Eurosystem’s inability to identify individuals through CBDC payments, highlighting minimal data visibility. The Eurosystem wouldn’t be able to identify people based on their payments with central bank digital currencies (CBDCs), as it would see “only a minimal set of data necessary to fulfill Eurosystem tasks, such as settlement,” Deutsche Bundesbank president Joachim Nagel said during his speech at the DZ Bank Capital Markets Conference 2024. Addressing privacy concerns, Nagel noted that financial institutions and other payment service providers processing digital euro payments “would not be allowed to use personal and transaction-related data for commercial…

MarketsApr 27