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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.

GameHub Secures its Digital Assets with FlokiFi Locker Amid Floki’s Expanding Market Reach

The GameHub has announced the locking of their entire liquidity pool (LP) of GHUB tokens for a full year using FlokiFi Locker. This development marks another milestone for Floki’s crypto locker protocol, showcasing its increasing appeal among digital asset projects. In another strong sign of the accelerating adoption of #Floki's crypto locker protocol, #FlokiFi Locker, The GameHub has locked their entire liquidity pool (LP) of $GHUB tokens for a full year!@TheGameHubXYZ is a project on the Ethereum blockchain, building an all-in-one crypto… pic.twitter.com/Az75KRJ1kA — FLOKI (@RealFlokiInu) April 3, 2024 The GameHub, a pioneering project on the Ethereum blockchain, is constructing…

Altcoins

They Made a Purchase of 91.8 Million Dollars!

While the answer to the question of whether there will be a big rise in Ethereum, which has been in a downward trend lately, continues to be sought, whales continue to accumulate ETH. Although whales continued to accumulate, another ETH move came from FTX and Alameda, which transferred ETH before significant price drops. According to Spot on Chain's post, FTX and Alameda Research deposited another 4,500 ETH (worth $14.4 million) to Coinbase and Binance during the day at approximately $3,207. Whales Accelerated Ethereum Purchases! While FTX and Alameda continue to dump ETH, Tron (TRX) founder Justin Sun and whales, who…

Exchanges

Oscillators and Averages Signal Strong Upward Momentum

Bitcoin’s price on Monday, March 11, 2024, shows a bullish trend is undeniably in the air. The day unfurled with bitcoin dancing between $67,785 and $71,837, revealing a bullish sentiment amidst traders. This swing is underpinned by a robust market capitalization of $1.4 trillion, with a notable 24-hour trading volume of $48.50 billion. Bitcoin Our journey through bitcoin’s (BTC) oscillators reveals a mixed bag of neutral and bullish signals, with the relative strength index (RSI) brushing close to overbought territory at 79. Yet, it’s the moving averages (MAs) that paint a clearer picture of bullish conviction. Across various time frames,…

Bitcoin

Whopping 10,911 ETH Lands on Coinbase; What's Behind Move?

The cryptocurrency community is abuzz with speculation as two separate transactions involving a significant quantity of Ethereum (ETH) were offloaded to Coinbase, one of the leading cryptocurrency exchanges. The transactions, each amounting to a staggering 10,911 ETH, raised questions and sparked speculation about the motives behind the move and its potential implications for the broader market. Crypto data tracker WhaleAlert reports two transactions, each labeled "10,911 ETH worth $33,986,479 transferred from an unknown wallet to Coinbase." The two transactions occurred within the last 24 hours, with each transferring the sum of 10,911 ETH to Coinbase's wallet address. 🚨 🚨 10,911…

Ethereum

Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers

Asset manager Franklin Templeton said Thursday that it has enabled peer-to-peer token transfers for its $380 million tokenized money market fund, a key step to make the offering more interconnected to the broader digital asset economy similar to rivals. The move allows investors of the Franklin OnChain U.S. Government Money Fund (FOBXX) to transfer the fund's BENJI token between each other without any intermediary. The BENJI token, available on the Stellar (XLM) and Polygon (MATIC) blockchains, represents shares in the fund that holds government securities, cash and repurchase agreements and pays out a steady yield to token holders. "Allowing fund…

Markets

Shiba Inu on Verge of 4 Million Addresses as SHIB Adoption Rate Jumps

Dog-themed cryptocurrency Shiba Inu (SHIB) is on the brink of achieving a significant milestone, approaching the four million mark in total addresses, which refers to all addresses that have ever been created and at one point have held SHIB, including those that still do. This comes as the SHIB adoption rate has significantly increased, indicating growing interest in the cryptocurrency. IntoTheBlock data indicates that Shiba Inu has reached 3.98 million total addresses, boosted by a surge in new addresses being created as SHIB peaked at highs of $0.00004575 on March 5. According to data from the same source, Shiba Inu's…

Altcoins

Revolutionizing Crypto Purchases with Seamless Fiat Integration

In a significant move to enhance user accessibility and ease of use, TokenFi, a pioneering platform in cryptocurrency and real-world asset tokenization, has partnered with Alchemy Pay to integrate a robust fiat-to-crypto gateway. This strategic alliance leverages Alchemy Pay’s acclaimed On-Ramp solution, enabling users worldwide to purchase TokenFi’s native token, $TOKEN, using their local currencies and preferred payment methods. Simplifying Crypto Transactions with Alchemy Pay Alchemy Pay is renowned for bridging the gap between fiat currencies and cryptocurrencies, providing a seamless conversion that caters to a global audience. With the integration of Alchemy Pay’s On-Ramp service, TokenFi users can now…

Exchanges

GBTC competitors surpass Grayscale fund in AUM

US spot bitcoin ETFs nearly equaled the weekly net inflow record the products set last month as BTC’s price reached new highs. As the Grayscale Bitcoin Trust ETF (GBTC) continues to see daily net outflows, its nine competitors have now collectively surpassed GBTC in assets under management. The 10-fund US spot bitcoin ETF category brought in $2.24 billion last week, according to BitMEX Research data. This total all but matched the combined $2.27 billion of net money entering the funds from Feb. 12 to Feb. 16. The near-record weekly net inflows for the segment came amid a week during which…

Bitcoin

Gaming and AI structure CARV secures $10 million in series A funding

CARV announces a $10M Series A funding to enhance its gaming and AI data layer, supported by Tribe Capital and IOSG Ventures. Data layer CARV announced a successful $10 million through a Series A funding round led by Tribe Capital and IOSG Ventures, including participation from ConsenSys, OKX Ventures, Fenbushi Capital, and others. This financial boost will enable CARV to expand its data layer, which is designed to maximize data innovation and promote a user-owned internet. “The backing from these top investors underscores their confidence in our mission to reshape data ownership and value distribution,” said Victor Yu, CARV co-founder.…

Markets

Solana's stablecoin supply surges past $3 billion, USDC leads the charge

Stablecoin supply on the layer-1 blockchain network Solana has increased steadily since the beginning of the year, crossing the $3 billion mark during the past week. Data from the blockchain analytical platform Artemis shows that the stablecoin supply on the network has increased by 55.72% in the last three months to reach $3.12 billion. Notably, this number pales significantly against the balance on the network in 2022, when more than $6 billion worth of these assets were on the blockchain. However, it plummeted to as low as $1.4 billion during the bear market situation before embarking on the recent upward…

Altcoins