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.

MicroStrategy ‘Not Resting on its Laurels’ as Bitcoin Hits All-Time High: Canaccord

MicroStrategy continues to add to its bitcoin stash despite the digital asset's price hitting all-time high. Canaccord raised its price target on the stock to a street high of $1,810. Despite driving shareholder value via its bitcoin acquisition strategy, no other direct competitors have emerged. MicroStrategy (MSTR) is not “resting on its laurels” despite bitcoin (BTC) trading at an all-time high, as the software company and largest corporate holder of the cryptocurrency continues to add to its stash, investment bank Canaccord Genuity said in a research report Monday. Canaccord almost doubled its MicroStrategy price target to $1,810 from $975, the…

BitcoinApr 23

Expert Predicts XRP to $12 as Ripple Targets Stablecoin Market

Rob Cunningham, the host of KUWL.show, has argued that Ripple’s venture into the stablecoin market, which is expected to reach $2.8 trillion, could make XRP a $12 asset. Yesterday, crypto payment firm Ripple disclosed its intention to launch a USD-based stablecoin on the XRP Ledger (XRPL). Ripple emphasized that the stablecoin market is worth over $150 billion as of present. However, it cited projections that the market could expand to $2.8 trillion by 2028. The $2.8 trillion projection has captured Ripple’s attention, prompting the firm to declare its intent to enter the market and launch its USD stablecoin on the…

AltcoinsApr 23

Crypto Trader FalconX Unveils Institution-Friendly Custody, Trading and Credit Services

FalconX unveils new and improved bankruptcy-remote custody with credit lines and off-exchange settlement. Derivatives exchange Deribit is the first to integrate FalconX’s Prime Connect. Cryptocurrency trading firm FalconX has introduced a new prime brokerage service to allow institutions to trade on exchanges while their funds remain in regulated, bankruptcy-remote custody. FalconX’s Prime Connect, unveiled on Tuesday, also includes post-trade settlement, institutional-grade credit, and portfolio margining, the company said in a press release shared with CoinDesk. Deribit, the world's leading crypto options exchange, is the first to integrate FalconX's prime broking and custody solution. In the wake of FTX's collapse, the…

ExchangesApr 23

Where to Mine Bitcoin in 2024

Comparing pros and cons of the most popular mining pools. To make high profits from mining, the right powerful machines aren’t enough, you need to pick the right pool. A miner’s income is directly impacted by the platform’s fee percentage, and whether it has built-in exchange and storage tools. We evaluated the top mining services and built a rating of the best pools for mining in 2024. How to Choose a Mining Pool To catch a block a solo-miner needs more that 112.5 thousand TH/s (as of January 2024). For that, you’d need to have about 800 s19xp 141th ASICs.…

MiningApr 23

the Onlyfans clone on Solana

In the rapidly evolving landscape of adult entertainment and blockchain technology, a new player, Only1, has made great strides with a recent $1.3 million investment round led by Newman Group, accumulating a total of $4.8 million to create a platform similar to OnlyFans on the Solana blockchain Solana. This initiative promises a decentralized approach to adult content, but the big question remains: will professional creators from platforms like OnlyFans be willing to migrate to this new model? Only1’s bold move: can a new blockchain-based platform attract creators away from OnlyFans? The appeal of Only1: resisting censorship Conclusions Only1’s bold move:…

BlockchainApr 23

$725 Billion Asset Manager Now “Convinced” BTC Would Hit $150000

Analysts at Bernstein, a leading asset manager with $725 billion assets under management, are now convinced that Bitcoin (BTC) would hit $150,000. Bitcoin (BTC) recorded one of its most bullish days yesterday, spiking from a low of $67,232 at the start of the day to a new all-time high of $72,863. The asset breached multiple resistance zones, riding on the massive demand driven by the spot Bitcoin ETF products. Amid this bullish run, asset manager Bernstein released a note to its clients, calling attention to the cryptocurrency’s impressive performance and reiterating its confidence in more substantial surges. Bernstein Bullish on…

BitcoinApr 23

Whale Alert Spots Significant Transactions Involving Tether Treasury

Whale Alert, the popular wallet tracker, has spotted significant transactions on Tether Treasury. In two recent posts, Whale Alert shared that 100 million USDT had been transferred from Bitfinex to Tether Treasury earlier today. 🚨 🚨 🚨 🚨 🚨 100,000,000 #USDT (100,008,750 USD) transferred from #Bitfinex to Tether Treasuryhttps://t.co/gtMvu4nUry — Whale Alert (@whale_alert) April 5, 2024 In a separate post, Whale Alert noted that the Tether Treasury also minted 1 billion USDT today. Responding to the latter, Tether CEO Paolo Ardoino noted that the recently minted assets represent an inventory replenishment on the Ethereum Network. According to Ardoino, the replenishment…

AltcoinsApr 23

Binance Faces Removal from Google, Apple App Stores in Philippines

The Philippines’ Securities and Exchange Commission (SEC) is working to remove Binance-linked applications from app marketplaces. Apple and Google received separate requests on April 19. They were urged to remove the apps from their stores, according to a Tuesday announcement. “The SEC has identified [Binance] and concluded that the public’s continued access to these websites/apps poses a threat to the security of the funds of investing Filipinos,” SEC Chair Emilio Aquino said in the letters. Aquino noted that offering unregistered securities to Filipinos and acting as an unregistered broker violates Republic Act no. 8799, or The Securities Regulation Code. He…

ExchangesApr 23

“We don’t see killer apps because blockchain structure is not reliable today”: Lava Network core contributor

The Remote Procedure Call (RPC) got the attention of investors recently, propelled by an issue on Solana’s network with dropped transactions. As reported by Crypto Briefing, one of the reasons behind this issue is RPC nodes getting overloaded with transactions. Modular infrastructure Lava Network core contributor Yair Cleper shared his insights with Crypto Briefing about the importance of RPC’s integrity, interoperability Crypto Briefing – What are RPCs and why are they important for a blockchain to thrive? Yair Cleper – In general, I can start by asking you what languages you speak. RPC is like the language of blockchains. The…

BlockchainApr 23

Bitcoin hits new all-time high at $73k

Bitcoin briefly touched $73,000 today before facing a correction and dropping below $72,000. The largest cryptocurrency is up nearly 50% this month and has set new weekly peaks. Several factors are driving BTC’s bullish rally. Earlier today, Thailand’s SEC gave asset management firms the green light to launch spot Bitcoin ETFs. At the same time, the London Stock Exchange announced that it will start accepting applications for Bitcoin exchange-traded notes (ETN) in the upcoming quarter. You might also like: JPMorgan’s Dimon says he will now ‘defend your right to buy Bitcoin’ The largest Bitcoin ETF issuer, Blackrock, also reached a…

BitcoinApr 23