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.

Giant Company Managing $5.6 Billion Profits Most from These 4 Altcoins in Its Crypto Fund

Pantera Capital's Liquid Token Fund, valued at approximately $300 million, reported a 66% profit in the first quarter. The fund's performance was primarily driven by the altcoins Solana (SOL), Ribbon Finance (RBN), Aevo and Stacks (STX). The fund has significantly reduced its exposure to Ethereum-linked tokens, considering factors such as the reduced likelihood of the United States approving a spot Ethereum ETF. The fund's performance from January to March was also supported by gains in digital assets such as RBN, Aevo and STX, according to a shareholder letter seen by Bloomberg. Bitcoin rose 67% in the first quarter, reaching a…

AltcoinsApr 22

Kenyan Volcano Turns on Lights in Rural Homes with Jack Dorsey’s Bitcoin Mining Support

In a remote region of Kenya, a group of Bitcoin miners has found an innovative way to power their operations and bring electricity to rural homes. Located near Hell’s Gate National Park, the miners have set up shop at the site of an extinct volcano, where they utilize a mobile container equipped with solar power and energy from a nearby geothermal site. This unique setup allows them to mine Bitcoin while simultaneously electrifying local communities. The venture is led by a startup called Gridless, backed by Jack Dorsey’s Block. Gridless Operates Six Mines Gridless operates six mines across Kenya, Malawi,…

MiningApr 22

ZNS Connect Launches XLayer to Bridge OKX and Ethereum Communities

ZNS Connect, the premier decentralized communication ID platform, is thrilled to introduce the ZK-powered Layer 2 network and development hub, XLayer. In turn, XLayer links the OKX and Ethereum communities, as it paves the way for collaboration in the ever-growing Web3 sphere. 🎲 Now Introducing XLayer Integration from OKX! Prepare to dive into the future with @XLayerOfficial , a ZK-powered layer 2 network connecting the @okx and Ethereum communities. It enables users globally to engage in a seamless on-chain ecosystem. 🔗 Mint your .xlayer domain… pic.twitter.com/sgihARfGaz — ZNS Connect 🛡️| Mainnet Live (@ZNSConnect) April 20, 2024 ZNS Connect and XLayer…

BlockchainApr 22

As Bitcoin updates highs, community enters euphoria zone, Glassnode notes

Bitcoin’s surge to new all-time highs signals its entry into the euphoria zone, accompanied by substantial capital inflows driven by the success of spot Bitcoin ETFs. Bitcoin has finally entered the fourth cycle in its history as its price keeps growing beyond the $70,000 mark, Glassnode analysts said, adding that the interest surrounding the cryptocurrency appears to be transitioning it into the euphoria zone. Bitcoin’s euphoria zones by cycles | Source: Glassnode According to on-chain data analysis, the Bitcoin Realized Cap, a measure of the total wealth stored in BTC on-chain, has surged to a new high of $504 billion,…

BitcoinApr 22

Zeus Network Sparks $8M Surge: Powering Solana’s Blockchain Revolution

Zeus Network secures $8 million in funding for Solana blockchain enhancement. Backed by top VC firms, Zeus aims to foster Web3 connectivity through its proprietary layer. Anatoly Yakovenko’s endorsement adds credibility; $ZEUS token launch marks milestone. In a significant stride within the crypto sphere, Zeus Network has successfully raised $8 million in funding, signaling a pivotal moment in the evolution of the Solana blockchain ecosystem. This infusion of capital, backed by prominent venture capital firms and investors such as Mechanism Capital, OKEx Ventures, and UTXO Management, underscores the growing confidence in Zeus Network’s mission to bolster the Solana blockchain. The…

AltcoinsApr 22

ArchaxEx Leads Financial Transformation with Web3 and RWA Tokenization

Regulated digital asset exchange Archax seeks to revolutionize institutional investors’ engagement with digital assets by partnering with Hedera Hashgraph. Leveraging Hedera’s bank-grade security and performance, Archax thus aims to provide a trusted platform for trading and custody of digital assets. UK-based regulated global digital asset exchange Archax is currently gearing up for a transformative regulated global digital asset exchange. The exchange seeks to change the way how institutional investors engage with digital assets. As a result of this, Archax has partnered with Hedera Hashgraph while leveraging the network’s bank-grade security and performance, per the Crypto News Flash report. Thus, Archax…

BlockchainApr 22

Bitcoin (BTC) Crashes as Soon as This Happens

The world's biggest digital currency, after soaring to an impressive peak of $72,000, encountered a swift and sharp decline, tumbling down to $68,900 within a short span. This sudden shift in market dynamics came hot on the heels of an apparent surge in FOMO (fear of missing out), as evidenced by an uptick in bullish chatter and buying-related calls across trading platforms and social media. Upon examining the BTC/USD price chart, we observe a steep and rapid ascent leading up to the recent high, a trajectory that was mirrored by a correspondingly sharp downturn. This pattern highlights Bitcoin's well-known volatility,…

BitcoinApr 22

Ripple CTO Puzzles XRP Army With Cryptic Tweet

Ripple Chief Technology Officer David Schwartz (known as “JoelKatz” on X) has published another cryptic tweet that has caught the attention of the XRP community. This time, he posted a photo of a logo placed behind a shop-window. The company’s logo has “Sunscream” written on it. The XRP community quickly responded to Schwartz’s tweet, sharing their associations with the word “scream.” Many, however, started to ask questions about the XRP price and Ripple’s future stablecoin in the comments, ignoring the tweet itself. Hey what’s the ripple stable coin going to be called? — XRP_Bandit💰 (@Chief_XRP) April 5, 2024 Schwartz is…

AltcoinsApr 22

Gelios Partners with TREX20 to Expand GameFi Ecosystem

Gelios, an accomplished player in the cryptocurrency space, has announced a promising new partnership with TREX20, a forward-thinking sector leader in GameFi. By using the method technology of blockchain and Bitcoin Protocol, this partnership will transform the world of gaming. Gelios x Trex20 We're thrilled to announce a strategic alliance with @trex20_official, a leading innovator in the GameFi space, built on the Bitcoin Protocol. 🔸 Expanding Gelios Ecosystem 🔸 Seamless Integration with Trex20 🔸 Joint R&D Efforts 🔸 Collaborative Marketing… pic.twitter.com/6ALKIyJXQG — Gelios (@GeliosOfficial) April 21, 2024 TREX20 Revolutionizes GameFi with Comprehensive Platform TREX20 is a frontrunner in the GameFi…

GameFiApr 22

Solv Protocol Announces the Launch of SolvBTC on BNB Chain

Solv Protocol, a decentralized forum to create, manage, as well as trade financial NFTs, has recently partnered with BNB Chain. As included in this collaboration, Solv Protocol has announced the launch of its SolvBTC on the BNB Chain to provide exclusive earning opportunities to the community. With this partnership, the BNB community will get significant benefits. SolvBTC is now live on @BNBCHAIN! As we expand our horizons, we're thrilled to bring native yield opportunities to the BNB community. Powered by @BNBCHAIN, SolvBTC aims to strengthen the ecosystem and empower its users. To celebrate the launch, we're offering double XP for……

BlockchainApr 22