Making sense of crypto.
NBTCNEWS

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.

ETH Consolidates After Testing Key Resistance Levels

As ethereum continues to navigate a period of significant price fluctuations, traders are keenly observing a variety of technical signals from the 1-hour, 4-hour, and daily charts. The combination of oscillators and moving averages provides a nuanced view of potential entry and exit points. Ethereum The 1-hour chart for ethereum (ETH) reveals notable fluctuations, with prices swinging between $3,116 and $3,236. This variability suggests promising opportunities for short-term traders, especially if prices find stability at these points. Investors might look to buy near the $3,116 level, identified as a support, if upward trends become apparent, planning exits prior to reaching…

The Date for the Major Upgrade in This Altcoin Has Been Announced: The Price Reacted!

In their latest post, the Layer-1 blockchain network Mina (MINA) team announced that the devnet upgrade before the Berkeley upgrade, which will bring ZK programmability and other key features, will take place on April 9. Stating that this devnet upgrade is very important for MINA, the team shared the following statements: “April 9: Devnet upgrade day! Operators should be prepared to migrate their nodes to Berkeley versions. The focus of the last three weeks has been to ensure that the scripts and archive node migration tools are rock solid and that archive node data migration occurs quickly. Teams are also…

Jailed Binance Exec’s Bail Hearing in Nigeria Postponed Until May 17

Tigran Gambaryan, Binance's head of financial crime compliance, will stay in Nigeria's Kuje prison until at least May 17. Gambaryan has been detained in Nigeria since Feb. 26 and has been charged with money laundering and tax evasion, which his family calls "bogus" charges. Detained Binance executive Tigran Gambaryan will remain in prison in Nigeria until at least May 17, following an Abuja court’s ruling to postpone a scheduled bail hearing until after he is tried on money laundering charges. Gambaryan, an American citizen and former Internal Revenue Service (IRS) special agent, is Binance’s head of financial crime compliance. He…

A New Era of Web3 Gaming with Sui Blockchain

Exciting news for gamers and blockchain enthusiasts alike! Mysten Labs has teamed up with NDUS Interactive, a prominent NFT gaming development studio, to introduce XOCIETY, a gaming metaverse like no other, onto the Sui blockchain. — XOCIETY is not your average game. It combines the best elements of Third Person Shooters and MMORPGs, offering an immersive experience like never before. Developed with Unreal Engine 5 by NDUS Interactive, XOCIETY delivers AAA shooter action with RPG progression, promising players highly detailed character development and engaging gameplay. The partnership between Mysten Labs and NDUS Interactive brings more than just a game to…

JPMorgan CEO Jamie Dimon Says He 'Won't Personally Ever' Buy Bitcoin

The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Despite his personal reservations about bitcoin, Dimon acknowledged his clients’ interest and championed their freedom to invest. Jamie Dimon Continues His Anti-Crypto Stance JPMorgan Chase CEO Jamie Dimon reiterated his strong opposition to bitcoin and cryptocurrencies at the Australian Financial Review business summit via a livestream from New York on Tuesday. “I don’t know what the bitcoin itself is for, but I…

Here’s How Ethereum (ETH) Holders Could Push Price to a 12% Rally

Ethereum’s (ETH) price has managed to sustain above the $3,000 line as support for nearly a week before recovering. Now, with the help of investors’ resilience, the biggest altcoin in the world could further its recovery. Ethereum Investors Will Not Sell At the time of writing, Ethereum’s price is hovering above the $3,000 mark, showing signs of further recovery. One of the biggest contributors to this potential rally is the investors who have opted to HODL instead of selling. This is evident in the sudden decline in the active deposits on the network. Active deposits indicate investors’ intention to sell…

Mysterious Multi-Million XRP Transfer Heads for Top Korean Exchange

Data shared by prominent cryptocurrency tracker Whale Alert has revealed that anonymous whales have moved three massive XRP lumps to major trading platforms in various parts of the world, including South Korea. Such a rise in XRP whale activity has become routine lately. These mysterious XRP transfers took place over the past 24 hours, when the XRP price first plunged by over 5% and then began its attempts to recover. 70 million XRP on move According to the above-mentioned data source, anonymous whales have transferred three enormous XRP lumps, moving them to the major cryptocurrency trading platforms. A total of…

The Ever-Dwindling Chances for a Stablecoin Law

Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough? You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced their latest joint bill, this time taking on stablecoins, the $160 billion section of the overall crypto market that's received…

Ethereum Card Game 'The Lost Glitches' Coming to Layer-3 Network Xai

The Xai Foundation announced Wednesday that it has teamed up with game publisher Mimunga and developer Honig Studios to bring the trading card game The Lost Glitches to the Xai layer-3 Ethereum gaming network built on Arbitrum. Alongside the alliance, The Xai Foundation has also invested an undisclosed sum in the project to help bring it to the gaming network. Decrypt’s GG asked for clarification on the investment, but did not receive an immediate response. "We've partnered with Xai due to the tremendous support from its team, who share our vision of creating games that are accessible to all gamers,"…

Will BTC pull back amid elevated profit-taking and demand for long side leverage?

Bitcoin (BTC) price upside potential appears overstretched, but the bulls are not showing any signs of stopping. Meanwhile, research according to Glassnode points to elevated profit-taking and demand for long side leverage. Bitcoin markets show elevated profit-taking & demand for long-side leverage Bitcoin (BTC) price is on a tear, still northbound after clearing previous peaks. Blockchain data and intelligence platform Glassnode highlighted, “[BTC] has broken to its fourth cycle all-time-high (ATH), rallying above $72k.” The report adds that the move had pushed sentiment a step closer to euphoria. #Bitcoin has broken to its fourth cycle all-time-high, rallying above $72k, and…