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.

Elastos (ELA) surges 45% after major crypto exchange listing

Elastos (ELA), the native token of the decentralized blockchain platform aimed at creating a secure and scalable Internet, experienced a substantial price increase of over 45%. As of the latest reports, ELA was trading at $5.14, with its 24-hour trading volume witnessing a remarkable 566% surge, reaching $22 million. This uptick in price and trading volume has propelled ELA into the trending topics in the U.S. digital currency market. ELA 24-hour price chart | Source: CoinMarketCap Several pivotal developments have been attributed to this remarkable price increase. Notably, on March 3, crypto exchange Gate.io introduced ELA/USDT perpetual contract trading, utilizing…

AltcoinsApr 26

Three Low-Cap Gaming Tokens for Maximum Gains

Blockchain technology has given rise to many crypto-gaming projects in the past few years. These games let players earn money while they play, so investors are now on the lookout for the best GameFi crypto tokens to trade. Analyst Altcoin Buzz recently focused on the burgeoning sector of crypto gaming infrastructure, highlighting three standout projects poised to reshape the gaming landscape. Revolutionizing Gaming Access: IQ Protocol and xRaise The first project highlighted by Altcoin Buzz was IQ Protocol, which is described as the premier NFT lending protocol for gaming. The analyst explained that IQ Protocol allows users, even those new…

GameFiApr 26

Bitcoin (BTC) on Verge of $100,000? Here's Why

Bitcoin's recent ascent to a new all-time high appears to have taken place without the usual fanfare. This subdued response to such a significant milestone may signal underlying market maturity and the potential for further growth. Analyzing the price-specific movements on Bitcoin’s chart, we witness a commendable trajectory upwards, respecting the moving averages that often act as dynamic levels of support on a bullish market. Notably, the price has been consistently finding support at the 50-day moving average, reaffirming the strength of the ongoing uptrend. Moreover, the higher lows and higher highs are indicative of sustained buying pressure. The recent…

BitcoinApr 26

How a Conservative German Bank Offering Crypto Makes Sense

When thinking about global financial innovation (which I’m sure you all do often, right?), Germany is not usually the first jurisdiction to come to mind. As well as a struggling manufacturing sector and messy politics, Europe’s largest economy is known for its conservative and rigid financial sector dominated by banks rather than by markets. It is, therefore, somewhat of a surprise to see its banks lead Europe in the exploration of an entirely new type of market. Noelle Acheson is the former head of research at CoinDesk and Genesis Trading, and host of the CoinDesk Markets Daily podcast. This article…

MarketsApr 26

Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet Ambitions

The possibility of text-to-video generation excites the crypto market, and AI tokens rose when OpenAI first unveiled a demo of Sora But to make this mainstream the compute power will be staggering. More server-grade H100 GPUs will be required than Nvidia produces in a year, or what its largest customers run in their data centers collectively. How many Graphics Processing Units (GPUs) will be required to make text-to-video generation mainstream? Hundreds of thousands – and more than are currently in use by Microsoft {{MSFT}}, Meta {{META}}, and Google {{GOOG}} combined. The first demo of OpenAI's text-to-video generator Sora amazed the…

AltcoinsApr 26

Bitcoin (BTC) to Hit $100K in 21 Days, Predicts Top Analyst

In an era where digital currencies continue to defy expectations, Bitcoin (BTC) is setting the stage for what could be its most remarkable achievement yet. Leading crypto analyst Crypto Over has stirred the market with their latest Bitcoin price prediction, asserting that BTC is on track to breach the $100,000 mark within the next 21 days. Crypto Rover, renowned for their acute analysis and market predictions, shared that those in the know understand the pattern that once Bitcoin surpasses its all-time high (ATH), it typically reaches the 1.618 Fibonacci extension, which is around $102,134, within a span of 21 days.…

BitcoinApr 26

Cryptocurrency Whales Seize Opportunities Amid Market Fluctuations

A cryptocurrency wallet identified as 0xaa1 and associated with the Ethereum name “czsamsunsb.eth” capitalized on the sudden de-pegging of $EZETH (Renzo Restaked ETH), netting approximately 193 Ethereum (ETH), valued around $600,000. This profit was accrued in four hours due to active trading following the de-pegging event. This financial maneuver began when EZETH lost its peg to the standard Ethereum value due to reportedly inadequate liquidity on the Uniswap exchange platform. Wallet 0xaa1 (linked to “czsamsunsb.eth”) made 193 $ETH (~$600K) in only 4 hours after $EZETH (#Renzo Restaked ETH) lost peg! So far, the whale has swapped 4,499 $ETH for 4,692…

EthereumApr 26

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst

Hong Kong regulators approved ETFs by Harvest Global Investments, China Asset Management and a jointly managed product of Bosera Asset Management and HashKey Capital. The products could start trading on April 30, Bloomberg reported Management fees of the ETFs are lower than previously thought, one analyst noted Hong Kong’s market regulator has officially approved the first batch of crypto-related spot exchange-traded funds (ETFs), a first for the city and a move that could establish it as Asia’s leading digital-asset hub and unleash further growth in the sector. The Securities and Futures Commission (SFC) gave the nod Tuesday to spot-based bitcoin…

MarketsApr 26

"Yes!" They Collected a Huge Amount of This Altcoin from...

While there is a decline in altcoins, led by Bitcoin (BTC), whales, turning the declines into opportunities, are pursuing new purchases. At this point, there was whale activity on the Maker DAO (MKR) front, which is generally on the whales' radar. According to Spot on Chian's post, five new wallets purchased 2,650 MKR from Binance, worth $9.52 million. While these wallets have already generated a profit of $619 thousand, the wallets are thought to belong to a single institution. While 5 new wallets purchased MKR, a wallet affiliated with Maker DAO also transferred 505 MKR worth $1.91 million to Wintermute.…

AltcoinsApr 26

Why the Bitcoin Halving Is Sooner Than You Think

Sky-high Bitcoin ETF flows and several price rallies mean that the next Bitcoin halving is now projected to take place on April 15—not the meme-friendly 4/20 that it once was. That's bad news for meme fans who liked the idea of celebrating the halving and their affinity for weed on the same day. But it's also good news and a telling indication of trader sentiment. Just a month ago—on Valentine's Day, no less—Decrypt wrote about the very meme-friendly hypothetical situation that Bitcoin might reach $69,000 and have its halving occur on 4/20. Bitcoin hit that price target on March 5.…

BitcoinApr 26