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.

The Next Big Thing? Why Investors Are Bullish on Memecoins, AI, & RWAs

Many narratives have gained the attention of market participants this cycle. But not all of them have stayed relevant for a long period. However, there are three that have remained on the lips of investors and traders alike which are meme coins, AI, and Real World Assets (RWAs). But these sectors did not just pop out as there are reasons investors are bullish on them. In this piece, Coin Edition explains why all three may outperform other sectors and why participants have stuck their guts with them. Memecoins For memecoins, the strength of the community is one reason investors have…

AltcoinsApr 22

Nigerian Blockchain-Based Payment Startup, Ivorypay, Partners With Stablecoin Issuer, Tether

A Nigerian startup specializing in blockchain-based payments and remittances has entered into a partnership arrangement with the stablecoin issuer Tether. The arrangement is expected to extend the benefits of stable digital transactions to a larger number of consumers and businesses across the African continent. Ivorypay, Tether Partnership Aims to Boost User Confidence Ivorypay, a Nigerian startup specializing in blockchain-based payments and remittances, has formed a partnership with Tether. This collaboration allows the stablecoin issuer to mint and issue USDT directly to Ivorypay. The partnership is anticipated to enable more affordable transactions, thereby fostering increased confidence among Ivorypay users. A media…

ExchangesApr 22

Massive Bitcoin Whale With 8,500 BTC Hits Jackpot as Price Hits $73,000

Bitcoin, the pioneer cryptocurrency, continues to gain attention with its relentless surge in value, captivating investors worldwide. In a recent turn of events, the cryptocurrency market witnessed an extraordinary feat as a massive Bitcoin whale, who owned a staggering 8,500 BTC, hit millions of dollars in jackpot as Bitcoin's price rose. Lookonchain, an on-chain analytics platform, reports on a whale who struck a massive $217 million jackpot on Bitcoin as prices surged. The #Bitcoin price just topped $73,000! Sharing a smart whale who made ~$217M on $BTC, and currently holds 4.3K $BTC($313M)! He deposited 100 $BTC ($7.22M) into #Binance 3…

BitcoinApr 22

Grayscale Reinvests in XRP, Now Holds 16.7M XRP After Exiting Cardano

Grayscale Investments, the most prominent crypto asset manager, has adjusted its Digital Large Cap (DLC) Fund by divesting from Cardano (ADA) and reallocating the proceeds towards acquiring XRP and other existing assets. Grayscale officially communicated this move through a press release detailing the fund’s quarterly rebalancing. The rebalancing concerned several of the firm’s investment products, specifically its Digital Large Cap Fund, Smart Contract Platform Ex-Ethereum Fund, and DeFi Fund. Grayscale’s New XRP Holding According to the report, Grayscale modified its DLC’s portfolio by liquidating its Cardano holdings. Consequently, the firm diverted the cash returns from the sale to acquire other…

AltcoinsApr 22

AI predicts Bitcoin price for end of 2024

With the continuation of exceptionally bullish sentiment in the cryptocurrency market, which has pushed Bitcoin (BTC) to surpass its previous all-time high (ATH), many crypto traders are wondering about the price of the flagship decentralized finance (DeFi) asset by the end of 2024. In this context, Finbold has employed the capabilities of different advanced artificial intelligence (AI) and machine learning platforms with the aim of finding the answer to one important question – what will be the price of Bitcoin in 2024 and at its conclusion? AI Bitcoin price prediction So, what does AI say about Bitcoin? According to some…

BitcoinApr 22

Cardano (ADA) Whale Transactions Paint Ominous Outlook, What Is Happening?

Cardano (ADA) is in the spotlight in the market as its medium- to long-term growth outlook is painting gloomy potential. Top market analyst Ali Martinez spotted this bearish outlook and noted a lull in Cardano whale activity. Cardano and impending price consolidation According to Martinez’s post on the X platform, the dullness in whale activity is signaling an impending price drop for Cardano and, at best, a potentially long-drawn consolidation. Per the charts shared, the Cardano whale transaction count is at its lowest level since at least Feb. 8. Despite a recent milestone in key ADA on-chain transactions, which come…

AltcoinsApr 22

New ATH for the price of Bitcoin (BTC)

Today, for the first time in its history, the price of Bitcoin (BTC) has exceeded $73,000, setting a new ATH. ATH is an English term that stands for All Time High, literally meaning “higher than ever before”. The Bitcoin cycle: new ATH for the price of BTC The Bitcoin supercycle: will new ATHs for the price of BTC arrive? The gold supercycle The comparison between the two assets The Bitcoin cycle: new ATH for the price of BTC To compare this price with the historical data of previous years, we need to refer to the ATH of the previous cycle,…

BitcoinApr 22

Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs

Bitcoin's once-every-four-years "halving," which took place late last week, was supposed to bring a steep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%. Instead, the simultaneous launch of Casey Rodarmor's new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it's caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before. Bitcoin transaction fees averaged a record $127.97 on April 20, when the halving took place and Runes launched,…

MiningApr 22

OG Labs Partners with AI-Driven Crypto Neural Network Pond

OG Labs, the earliest modular AI chain for dApps, has recently started an exclusive partnership. The company revealed that it has collaborated with Pond (an artificial intelligence-driven neural network) to provide exclusive features to the community members. In this respect, the platform discussed the Graphic Neural Network ecosystem of Pond. 0G is pleased to announce our partnership with @PondDiscoveries Pond's Graphic Neural Network (GNN) ecosystem requires a hyper-scalable data storage and data availability solution, fully interoperable with external AI models. Here's what this means for crypto x AI 💻 pic.twitter.com/QvJvNRA2ql — 0G Labs (@0G_labs) April 19, 2024 OG Labs and…

BlockchainApr 22

Bitcoin (BTC) Volatility Drops Following the Historic $73,000 Breakout

In an unprecedented event that has captured the attention of investors worldwide, Bitcoin (BTC) has recently broken past the $73,000 mark, setting new records and rekindling interest in the cryptocurrency market. However, despite this remarkable milestone, the market’s initial euphoria appears to be waning, giving way to more stabilized levels of volatility and a recalibration of investor expectations. According to data and analysis shared by Greeks.live, a renowned analytics platform in the cryptocurrency sphere, there has been a noticeable shift in market dynamics following Bitcoin’s surge. The platform’s tweet highlights that the bullish momentum that propelled above $70,000 has moderated.…

BitcoinApr 22