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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.

Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns

Worldcoin executives have met with top Malaysian officials amid ongoing privacy concerns and regulatory challenges. According to a recent social media post by the Malaysia Digital Economy Corporation, the engagement highlighted the key role of MDEC’s programs, demonstrating potential collaboration opportunities including strategic expansion into Malaysia. The Deputy General Secretary of the Ministry of Digital, Malaysia Digital Economy Corporation CEO Ts. Mahadhir Aziz, and Director General of the Department of Personal Data Protection Mohd Nazri bin Kama attended the meeting. Exciting discussions today as we met with Nordstar and its impressive lineup of portfolio companies including Nothing, Airwallex, and Worldcoin.…

Regulation

Knowing the ATH in Bitcoin, QCP Capital Analysts Shared Their Next Expectations for BTC and Ethereum!

While the leading cryptocurrency Bitcoin has been experiencing an unstoppable rally in recent days, a new ATH has been reached by exceeding $ 72,000. At this point, while investors are pleased with the rise of BTC, they are also wondering whether the rally will continue. At this point, Singapore-based cryptocurrency company QCP Capital evaluated Bitcoin and Ethereum in its new report. Noting that BTC and ETH reached new highs of 72,944 and 4,094 respectively tonight, analysts said that the situation is less optimistic for ETH. Because, according to reports published yesterday, the probability of approval of a spot Ethereum ETF…

Bitcoin

Trust Wallet Partners with GoMining to Introduce the NFT Collection Trust Box

Trust Wallet, a well-known web3 gateway and crypto wallet, has announced an exclusive partnership. The company says that it is integrating with GoMining (a prominent NFT platform) to introduce an exclusive NFT collection named Trust Box. On its official X account, the company revealed the latest announcement of the partnership. We've teamed up with @GoMining_token to launch the Trust Box #NFT Collection: your path to daily $BTC earnings + a share of 200,000 $GoMining airdrop! There are 3 stages to earn points. More points = higher rewards chances! 🎉 Let's go! 🧵👇https://t.co/ekqXr8LBoD pic.twitter.com/63JLImNCdG — Trust Wallet (@TrustWallet) April 23, 2024…

NFT

Ethereum (ETH) Trading Volume Delivers Worrying Signal at $3,000

Ethereum edges above $3,000, crossing the 100 EMA, but despite the breakthrough, there is a possibility of a bearish reversal seen on the ETH/USD price chart. The climb, while positive, shows signs that it might not have the steam to break through the 26 EMA convincingly. This short-term moving average is proving to be a tough resistance for the second-biggest cryptocurrency, but it should not. The trading volume for Ethereum is unfortunately on the decline. The downtrend in volume could be a red flag, suggesting that the recent price increase might be running out of fuel. Volume often confirms trends…

Ethereum

Turkey’s investing app Midas raises $45m to double down on crypto

Turkish investing startup Midas has secured $45 million in a funding round led by Portage of Canada to launch crypto services. Midas, Turkey’s retail investing app, has said in a press release it had raised $45 million from a group of investors to expand its offerings, particularly in crypto trading. The Series A funding round was led by Portage of Canada, with participation from International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. “Just a few years ago, Turkey did not have a strong investing culture and the market was stagnant – but thanks to Midas, that…

Markets

Ripple CEO Excited as Company Takes Giant Step Toward XRP Ledger Adoption

In exciting news for the cryptocurrency community, fintech giant Ripple will issue its USD-backed stablecoin, which is intended to expand utility and liquidity to XRP Ledger. This move is historic for the XRP Ledger community, driving more use cases, liquidity and opportunities for developers and users. In this light, Ripple CEO Brad Garlinghouse took to X to express his excitement about the landmark move. "Launching a stablecoin is a natural step for Ripple as we bridge the gap between traditional finance and crypto," Garlinghouse wrote, lauding Ripple's track record and resiliency, which speak for themselves. Launching a stablecoin is a…

Altcoins

Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support

Binance founder and former chief executive Changpeng "CZ” Zhao has apologized for his “poor decisions” and accepted “full responsibility” for his actions in a letter to the judge overseeing his case filed on Tuesday. Zhao is scheduled to be sentenced on April 30 after he and Binance settled charges with the U.S. Department of Justice (DOJ) in November 2023. Despite Zhao waiving the right to appeal any sentence up to 18 months back then, the DOJ has now sought a 36-month sentence. Read More: Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says In the letter addressed…

Regulation

‘$1 Million Bitcoin’ Advocate Samson Mow Says Price Run Not Even Started Yet

Former Blockstream CSO and now head of the Jan3 Bitcoin-focused company Samson Mow is a rigid Bitcoin maximalist who expects the leading cryptocurrency to reach $1 million no matter what. While praising Bitcoin ETFs and criticizing the much-awaited spot ETFs based on Ethereum, Mow has recently made a few super-bullish statements on the further potential surge of Bitcoin price. 'We haven't really started with Bitcoin price run yet' Samson Mow has commented on the new price all-time high smashed by Bitcoin on March 11 when it suddenly surpassed $72,000, reaching the $72,880 level a day after breaking above $72,200, thus…

Bitcoin

What’s Next For ETH Price?

Following the successful Bitcoin Halving this Friday, the blockchain reached a milestone of 840,000 blocks, while the halving event itself cut the mining reward to 3.125 Bitcoin per block. Despite predictions from several analysts of a potential price drop due to selling pressure from miners, the price of Bitcoin actually soared, approaching $66K. In addition, Ethereum’s price has also been rallying, supported by numerous positive on-chain metrics. Nevertheless, the increasing number of loss-making Ethereum addresses could pose a concern for potential selling pressure on the altcoin. Ethereum Investors Turn Bullish According to data from Coinglass, despite recent price volatility, the…

Ethereum

Finnish Tax Administration Found €30 Million Worth Unreported Crypto Gains in 2023

Finland’s Tax authority has found profits from sales of unreported crypto gains in 2023, amounting to €30 Million ($31.9 million). As a result, the EU nation has mandated reporting of income from the sale of mining digital assets. Per a report from a local media outlet Verkkouutiset, in line with the tax supervision following the unreported tax gains last year, the authority has asked those who invested in virtual currencies to pay ten million euros in capital income tax. “The amount found last year is large in euro terms, which indicates that the control works and is effective,” says Mika…

Markets