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.

Bitcoin’s rally above $73,000 persists despite swift plunge

Bitcoin demonstrates ongoing momentum surging to a high of $73,887 without showing signs of exhaustion. The crypto market saw Bitcoin (BTC) break new ground, hitting an all-time high of $73,887 (on EXMO) before experiencing a rapid pullback as it briefly touched $74,000. This surge in volatility followed a record-breaking day, with net inflows totaling over $1 billion, according to data from BitMEX Research. [1/4] Bitcoin ETF Flow – 12 March 2024 All data in. Record day with over $1 billion of net inflow. Blackrock with a record $849 million of inflow pic.twitter.com/dKFmM3Qvaa — BitMEX Research (@BitMEXResearch) March 13, 2024 As…

BitcoinApr 22

Runestone NFT Floor Price Crashes to 0.03 BTC After Meme Coin Airdrop

The floor price of Runestone non-fungible token (NFT) collection dropped significantly over the past 24 hours following the snapshot taken at Bitcoin block 840,269 for the airdrop of a meme coin to Runestone holders. According to the data from CoinGecko, the floor price of the NFT collection dipped almost 55% in 24 hours, currently amounting to 0.033 BTC (around $2,168). Additionally, the 24-hour trading volume of the collection also dipped by 55% to 2.63 BTC. The all-time high floor price for Runestone was witnessed on April 11 when the Bitcoin-based NFT collection hit the price tag of 0.095114 BTC (approximately…

NFTApr 22

MicroStrategy’s holdings are at $8.1b profit, BTC hits new ATH

Michael Saylor’s MicroStrategy has an unrealized profit of over $8 billion as Bitcoin (BTC) consistently reaches new all-time highs. According to data from Saylor Tracker, MicroStrategy has accumulated a total of 205,000 Bitcoins — costing the firm around $6.95 billion — since 2020 at an average price of $33,928 in 36 different dates and transactions. The company’s BTC holdings are currently at a 117.3% profit — roughly $8.16 billion — at the time of writing, per the data provider. Notably, MicroStrategy’s latest BTC purchase of 12,000 coins was completed on March 11 at an average price of $68,477. Per Saylor…

BitcoinApr 22

Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles

Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the “Unseen City Shirts” digital collectible from April 22-25. Authentic Fan Engagement The cryptocurrency exchange Okx and the English football club Manchester City have launched commemorative football shirts that can be minted as digital collectibles or non-fungible tokens (NFTs). According to a statement, fans of Manchester City, the reigning English champions, will be able to mint the “Unseen City Shirts” digital collectible from…

NFTApr 22

If elections were settled with memecoins, Biden would win by a landslide

They say art reflects culture. If that’s true, then memecoins reflect the baser instincts: greed, hunger, self-preservation and the human urge to buy the bottom to sell the top. So too, then, must memecoins invoking political figures gauge sentiment for their avatars ahead of the US presidential election later this year. There’s only four tokens in the “PolitiFi” category with measurable market caps, according to CoinGecko. Memecoins joe boden (BODEN) and MAGA (TRUMP) make up 99.7% of that value, while others include a ragtag bunch of spinoff Trump tokens and one for Argentina’s fiery new president, Javier Milei. Neither Republican…

AltcoinsApr 22

Surpasses $73,000 Amidst Record Bitcoin ETF Inflows

Bitcoin price has printed a new ATH above the $73,000 mark. The coin’s growth comes despite inflation concerns in key markets like the US. Bitcoin (BTC), the world’s leading cryptocurrency has once again shattered its all-time high (ATH), surging above $73,000, according to our data. This extraordinary feat comes at a time of mounting concerns over inflation, as Central Banks around the world grapple with solving rising costs. ETF Market Inflows Drove BTC ATH Surge Despite these worries, spot Bitcoin Exchange-Traded Fund (ETF) market inflows for Tuesday, March 12, played an important role in propelling Bitcoin to new heights, with…

BitcoinApr 22

Paris Saint-Germain (PSG) Advances into the Web3 Frontier

Paris Saint-Germain (PSG), a frontrunner in blending sports with innovative technologies, is stepping into a new era of fan engagement by exploring the tokenization of its marketing assets. This initiative was highlighted during a recent discussion at Paris Blockchain Week, featuring PSG’s Web3 head Pär Helgosson, Chiliz CEO Alexandre Dreyfus, and the renowned PSG legend and tech entrepreneur, Blaise Matuidi. Pioneering Tokenization in Sports Marketing At the heart of PSG’s progressive strategy is the potential tokenization of various assets including match tickets, stadium seats, and fan data. This move aims to leverage blockchain technology to enhance fan interactions and redefine…

NFTApr 22

Parents invest in crypto for their children’s future

A survey revealed that 86% of crypto-owning parents have purchased or plan to buy cryptocurrency for their children’s financial future. The research shows that parents believe in the long-term value of cryptocurrencies and want to educate their children about this asset class. According to the study published in March by CouponBirds, 45.2% of U.S. parents who own cryptocurrency have already purchased some for their children. Moreover, an additional 40.6% plan to buy cryptocurrency specifically for their children in the future. This indicates a strong belief among parents in the potential of cryptocurrencies as a long-term investment. Parents believe in crypto’s…

MarketsApr 22

‘Notcoin’ Telegram Game Will Return After Token Launch—With Big Changes

Telegram-based crypto game Notcoin says it racked up nearly 9 trillion taps over the course of its mining phase, but with gameplay currently paused ahead of the incoming token launch on The Open Network—set for April 20—the tapping has stopped for now. Notcoin plans to relaunch its game after the token launch and airdrop but with a new rewards model. That’s because Notcoin will not mint any additional tokens, as all pre-launch mining is complete. The in-game coins will be swapped for NOT crypto tokens on The Open Network when the launch occurs. “The final supply of Notcoin in-game will…

AltcoinsApr 22

The Game' Winner Donated the $200K Prize to Support Tornado Cash Devs

The second season of Crypto: The Game—a competition inspired by reality TV hit “Survivor” that spans both online and real-world competitions—came to a conclusion last week with the anonymous winner, Player 733, taking home the prize pool of nearly 72 ETH (about $210,000). But they’re not keeping the crypto stash: The winner donated all of the ETH to a legal defense fund that supports Alexey Pertsev and Roman Storm, developers of the Ethereum coin mixer Tornado Cash, who are facing charges for allegedly facilitating money laundering with their decentralized platform. Pertsev’s trial is currently underway, with a verdict expected in…

GameFiApr 22