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.

Justin Bieber’s NFT Investments Plummet From Millions to Mere Thousands

Arkham Intelligence, a well-known blockchain analytics provider, has disclosed a significant dip in the NFT purchases of Justin Bieber. As per the platform, the famous Canadian pop singer purchased above $2 million worth of NFTs back in 2022 but now their value has declined to just $100K. The analytics platform also revealed that the wallet of the Bieber on Arkham currently contains a very low value. Justin Bieber NFT Purchases: Down 94.7% Did you know that Justin Bieber bought more than $2M of NFTs during 2022 – now worth barely over $100K. His wallet on Arkham now holds just under…

NFTApr 25

PoP Planet Collaborates with Neo Smart Economy for Decentralized Social Networks

PoP Planet, the first Web3 social network to monetize user influence, has made a major announcement. It has forged a strategic partnership with Neo Smart Economy which is an open network designed to drive innovation in the Smart Economy. It is a major milestone for both platforms. The partners hope to leverage their strengths in order to make the decentralized social ecosystem even more inclusive. Welcome aboard! 🥳 We can't wait to see @Hi_PoPPOfficial's #SocialFi landscape flourish in Neo X's ecosystem! 🚀 https://t.co/6eayCsu15c — Neo Smart Economy (@Neo_Blockchain) April 4, 2024 Neo Smart Economy to Shape the Future of Blockchain…

AltcoinsApr 25

Navigating the new regulatory landscape

Why is Argentina mandating crypto service provider registration, and how will this rule reshape the industry? As Argentina begins its crypto registration rule, this article briefly briefs on the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Cryptocurrency and the casino landscape in Argentina: An evolving intersection In Argentina, the way cryptocurrencies and casinos work together is slowly changing. There aren’t any rules specifically about using cryptocurrency for gambling. However, more people are using digital money, and it’s becoming part of Argentina’s economy and society. This shows the country is accepting crypto. More and more people…

RegulationApr 25

What’s Fuelling New Rallies in Bitcoin (BTC) Price? Deutsche Bank Analyst Explained

Bitcoin exceeded $72 thousand and reached its all-time high in terms of BTC. This increase comes after the U.S. Securities and Exchange Commission (SEC) recently approved a spot Bitcoin ETFs. While this important development has led to optimism among cryptocurrency investors, some remain cautious due to Bitcoin's history of volatility. Speaking to Yahoo Finance, Deutsche Bank Senior Economist Marion Laboure gave information about the factors that triggered Bitcoin's recent gains and the potential impact of regulatory developments on the crypto market. Laboure explained several factors that contributed to Bitcoin's record-breaking rise. He reminded that a spot Bitcoin ETF was approved…

BitcoinApr 25

Ripple to Launch Dollar-Backed Stablecoin

According to a report by the Financial Times, San Francisco-based company Ripple is on track to launch a dollar-backed stablecoin. With such a move, the company, which is best known for its association with the controversial XRP cryptocurrency, plans to build a bridge between crypto and traditional finance, making it possible to use blockchain technology for trading securities. As noted by Ripple, the stablecoin market has ballooned to a whopping $150 billion. Tether's USDT stablecoin alone is worth $106 billion, according to the latest data provided by CoinGecko. The new stablecoin will be fully backed by dollar deposits, cash equivalents,…

AltcoinsApr 25

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The SEC asked a New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon to resolve the civil fraud case against them. The regulator says the fines are a “conservative” but “reasonable approximation” of Terraform and Kwon’s “ill-gotten gains" from the fraud. The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022. Terraform Labs and Kwon were found liable on civil fraud charges earlier this…

RegulationApr 25

Bitcoin moves towards a daily close above $72,000

Bitcoin (BTC) reached a new all-time high this Monday at $72,710.68, according to data aggregator CoinGecko. Since BTC went over $70,000 again, it managed to hold its ground on top of that price level and now walks towards a daily close above $72,000. The trader known on X (formerly Twitter) as Rekt Capital shared that whenever Bitcoin breaks its old all-time high, a bull market starts followed by a top in the next 266 to 315 days. “Bitcoin reached a new all-time high last week. Next Bull Market peak may thus occur in 266-315 days. That’s December 2024 or February…

BitcoinApr 25

Ripple CEO Speaks Out, Addresses Major Lawsuit Filing

Ripple CEO Brad Garlinghouse has pointed out what seems to be an intriguing coincidence: the timing of Ripple's opposition brief filing in its ongoing lawsuit with the SEC aligns with the sudden resignation of two SEC lawyers involved in a separate case. Two Securities and Exchange Commission lawyers resigned after a federal court sanctioned and harshly criticized the regulatory agency for "gross abuse" of power in the Debt Box case. Michael Welsh and Joseph Watkins resigned this month after an SEC official told them they would be fired if they stayed, according to Bloomberg, citing sources familiar with the matter.…

RegulationApr 25

MARBLEX and Batching.ai Forge Strategic Partnership for Web3 Advancement

MARBLEX and Batching.ai have officially entered a strategic partnership on April 23, marking an important milestone in the advancement of the Web3 Game-Fi ecosystems. Indeed, the collaboration of the two businesses has a chance to entirely reform the blockchain gaming and NFT technology by combining their talents and opportunities. 📢 MARBLEX and @BatchingAI forms strategic partnership! Here are some key pointers to watch for: 🎮 Expansion of #web3 #GameFi ecosystems 🤝 Cross-chain transactions of digital assets 🔗 Widespread utilization of #MARBLEX #NFTs across blockchain networks Read the full article… pic.twitter.com/aSk2AOcUrD — MARBLEX (@MARBLEXofficial) April 24, 2024 MARBLEX Partners with Batching.ai…

GameFiApr 25

Bitcoin Price Resumes Rally As The Bulls Now Aim For $75K

Bitcoin price started another increase above the $70,000 resistance. BTC cleared $72,000 and now the bulls seem to be aiming for a move toward $75,000. Bitcoin price started another increase above the $70,000 and $71,000 levels. The price is trading above $71,500 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance at $72,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up if it clears the $72,500 and $72,850 resistance levels. Bitcoin Price Sets New ATH Bitcoin price remained stable above the $68,000…

BitcoinApr 24