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.

MoonPay and Ledger Expand Partnership to Include Swaps, Sell and Hardware Wallets

Ledger and MoonPay have joined forces once again. This dynamic partnership is poised to not only simplify the process of owning and transacting with cryptocurrencies but also to fortify the trust and security associated with digital asset management. — Paris, France & Miami — Ledger, the renowned global platform for digital assets, and MoonPay, a leading Web3 infrastructure company, have unveiled an array of collaborative initiatives aimed at ushering in a new era of crypto empowerment. Their shared vision? To make navigating the world of cryptocurrencies effortless and secure for users of all levels of expertise. Building upon their initial…

Over 25 Leading Bitcoin Companies Rally for Official Bitcoin Emoji

Today, more than 25 leading organizations joined forces under the banner of the 'Bitcoin Deserves an Emoji' movement. Spearheaded by Nexo, this global initiative is dedicated to securing an official Bitcoin emoji for digital keyboards everywhere, signaling a monumental step toward recognizing Bitcoin's multifaceted role in society as a revolutionary technology, a form of money, and a cultural phenomenon. “Bitcoin's journey reflects a remarkable blend of innovation and community,” stated Kosta Kantchev, Co-founder & Executive Chairman of Nexo. “It's time its significance is recognized universally, starting with a symbol we all understand - an emoji. Join us in making history.”…

EigenLayer TVL exceeds $15b after lifting restrictions on pool limits

The total value of locked funds in the EigenLayer restaking protocol exceeded $15.1 billion. According to DefiLlama, the project team lifted restrictions on pool limits, which caused a noticeable increase in total value locked (TVL). This figure was $11 billion at the beginning of March, increasing by $4 billion in less than two months. EigenLayer’s TVL still needs to be improved to reach Lido Finance’s liquid staking protocol, which sits at $29.6 billion. You might also like: Glassnode: Restaking brings new yield opportunities for Ethereum community In April, EigenLayer reached 115,000 unique users, according to Dune Analytics. In early April,…

eToro and 21Shares Join Forces to Launch A “Data-Driven” Crypto Portfolio for Retail Investors

Crypto trading firm eToro has partnered with 21Shares, the world’s largest issuer of crypto exchange-traded products (ETPs), to introduce a new crypto portfolio for retail investors. Called 21Shares-Flows, the portfolio aims to provide retail investors with a dynamic and data-driven approach to crypto investing, according to a Tuesday press release. It holds actual cryptoassets and leverages insights derived from monthly flows into European crypto ETPs. The flows are segmented by underlying assets, including popular cryptocurrencies like Bitcoin, Ethereum, and various altcoins. 21Shares-Flows to Adjust Allocation Based on Market Dynamics By tracking investor preferences and market dynamics, the portfolio adjusts its…

4 Bullish Factors Indicate Shiba Inu Rise is Around Corner

Leading social intelligence platform LunarCrush highlights four factors indicating that Shiba Inu (SHIB) is signaling bullish trends. LunarCrush shared these positive indicators in a post yesterday, suggesting that SHIB could witness a potential uptrend. 🐂 $SHIB is signaling bullish… ✅ Increasing social activity ✅ Rising price action ✅ Accelerating market volume ✅ A very strong LunarCrush AltRank™ of 2 View the data at https://t.co/3NbRjXLeTb @Shibtoken pic.twitter.com/Ems1p6LHwg — LunarCrush (@LunarCrush) April 4, 2024 According to LunarCrush, the indicators include a surging social activity, an uptick in SHIB’s price action, growing market volume, and an outstanding LunarCrush AltRank™ of 2. Data from…

NYSE Asks Market Participants About 24/7 Trading for Stocks

The New York Stock Exchange is seeking opinions from market participants about shifting the U.S. stock market to a 24/7 operating schedule. Round-the-clock trading became popular during the Covid-19 pandemic, when the trading of cryptocurrencies picked up and retail investor interest blew up. A Steve Cohen-backed trading platform, 24 Exchange, is currently awaiting a decision from the SEC on whether it can launch the first 24/7 exchange. The New York Stock Exchange has asked market participants about how they'd feel if the market operated 24 hours a day, the same schedule that cryptocurrencies use, the Financial Times reported. NYSE, whose…

Chainlink Accelerates Adoption with 10 Integrations across Multiple Chains

Chainlink, a leading decentralized oracle network and issuer of $LINK, has announced significant adoption growth. Recently, various Chainlink services have been integrated by 10 different platforms. These integrations span across a variety of chains, demonstrating the versatility and utility of Chainlink’s offerings in the blockchain space. ⬡ Chainlink Adoption Update ⬡ There were 10 integrations of 5 #Chainlink services across 8 different chains: @arbitrum, @avax, @base, @BNBCHAIN, @ethereum, @Optimism, @0xPolygon, and @WemixNetwork. New integrations include Base, @CryptexFinance, @DinariGlobal, @HypeSaintsNFT,… pic.twitter.com/vDDkJqKGNL — Chainlink (@chainlink) April 21, 2024 Chainlink Services Power Blockchain Integration and Innovation The integrations encompass five key Chainlink services.…

US Bitcoin Mining Stocks Surge After the Halving

On Monday, crypto-related stocks in the United States saw significant increases, reflecting a broader market rally just days after the Bitcoin halving. Despite the event, which reduced mining rewards to 3.125 BTC per block, some of these stocks recorded double-digit percentage gains. Double-digit Percentage Gains According to data from Google Finance, the country’s five largest publicly traded Bitcoin miners, including Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining (CIFR), and Hut 8 (HUT), all witnessed substantial gains over the April 22 trading day. These gains have also carried over into after-hours trading sessions, indicating sustained momentum. Stronghold Digital…

Uphold Confirms FedNow Processes XRP Transactions to US Bank Accounts

Prominent American crypto exchange Uphold has confirmed that FedNow facilitates XRP transactions to select U.S. bank accounts. This confirmation came in a recent post on X following The Crypto Basic’s report indicating that FedNow processed a deposit transaction involving XRP to a U.S. bank account. Notably, XRP enthusiast Crypto Value Hunter first called attention to the transaction on Monday after he observed that the payment description of his XRP withdrawal contained information suggesting that the U.S. Federal Reserve instant payment system, FedNow, processed the XRP funds. The revelation had sparked skepticism among the broader community. Some claimed to have never…

Unanswered questions about the Binance Industry Recovery Fund

Binance recently announced that it was converting its ‘Secure Asset Fund for Users’ (SAFU) fund to the USDC token. This SAFU fund was a pseudo-insurance fund in which Binance stored funds to hopefully reimburse users if something were to go wrong with the platform. Before the conversion, the fund was held in several coins, including BTC, USDT, BNB and TUSD. These changes to the fund have brought to mind Binance’s earlier ‘Industry Recovery Fund’ and the lack of updates about the project. What was the Industry Recovery Fund? While FTX was collapsing into bankruptcy, financial criminal Changpeng Zhao tweeted that…