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.

Dogecoin (DOGE) Comes Closer to Surpassing XRP

The price of Dogecoin (DOGE), the leading meme cryptocurrency, recently spiked by more than 10%, according to data provided by CoinGecko. The Bitcoin parody peaked at $0.1975 earlier this Sunday, and it is currently changing hands at $0.195. Dogecoin is (by far) the best-performing cryptocurrency in the top 20, outstripping Shiba Inu (SHIB), its top competitor. In fact, DOGE is the fifth best-performing cryptocurrency in the top 20. Only Ethena (ENA), Fantom (FTM), ORDI (ORDI) and eCash (XEC) are above in terms of 24-hour gains. After the most recent price spike, the top meme coin is now closing in on…

AltcoinsApr 22

Polkadot Ecosystem Expansion Fuels More Activity

Polkadot’s ecosystem expansion has driven further activity, affirming itself as a powerful driver for boundary-breaking developers at the center of Web3. Polkadot ensures the sustainability of its core through robust security protocols to deploy apps in its ecosystem with dedicated blockspace. In addition to this, it protects against network spam and spamming consequences, further safeguarding user experience and identity. Activity continues to grow in the Polkadot ecosystem, where many apps use dedicated blockspace to prevent issues like network spam 🛡️ Polkadot is about flexibility without compromising on resilience 🔗 In the end, this benefits the users 👥 pic.twitter.com/s7bkO7rVqT — Polkadot…

AltcoinsApr 21

Is Bitcoin becoming a first-class asset?

As Bitcoin reached an all-time high, discussions at the Web Summit Qatar 2024 spotlighted its journey toward becoming a first-class asset. Bitcoin’s (BTC) volatility has long been a key point for traditional investors to dismiss the largest cryptocurrency as a first-class asset. Investors typically view first-class assets as stable, less risky, and offering consistent returns. Examples include government bonds from stable countries, blue-chip company stocks, and top-rated corporate bonds. However, a recent analysis showed that despite its inherent volatility, BTC has seen annual price declines in only four years since its debut in 2009. This means the cryptocurrency has outpaced…

BitcoinApr 21

Shiba Inu Community Demands Shibarium Recognition from Ethereum Founder Vitalik

The Shiba Inu community has called on Ethereum founder Vitalik Buterin to recognize Shibarium as a significant Ethereum layer-2 network. Shiba Inu has continued to command considerable attention from industry leaders and notable market analysts. For instance, Jeremie Davinci, one of the earliest known Bitcoin adopters, has persistently called for investors to invest in SHIB. Despite starting as a meme coin, Shiba Inu has evolved into a decentralized ecosystem, securing a spot among the top crypto assets in the market. However, even with its growing prominence, Ethereum founder Vitalik Buterin has often passed out on multiple opportunities to recognize the…

AltcoinsApr 21

What to Watch Out For

One of the most significant events within the Bitcoin ecosystem is the Bitcoin halving, an event that reduces the reward for mining new blocks by half. The event next month occurs approximately every four years and has profound implications for the cryptocurrency industry. The halving is a pivotal moment for the crypto industry, influencing everything from miners' revenue to overall market sentiment. Industries like mining, exchanges, and funds are just a few that can be impacted. Some ways the halving can affect such industries include: For miners, the immediate effect is a decrease in income unless there's a significant rise…

BitcoinApr 21

Shiba Inu's Shibarium Skyrockets 6,823% in Key Metric

Shiba Inu's Shibarium, a Layer-2 solution for the meme-inspired cryptocurrency, has witnessed a staggering surge in activity, marking a monumental 625% increase in active accounts in just one day. According to data from Shibariumscan, the network now boasts a remarkable 4,457 active accounts, a substantial leap from the 713 recorded the day prior. This sudden spike in activity has also translated into a substantial uptick in new accounts, which surged by an astonishing 6,823%, climbing from 56 to an impressive 3,821 within the same 24-hour period. The cause behind this unprecedented surge remains a topic of speculation, but it undoubtedly…

AltcoinsApr 21

Bitcoin miners scooped $100 million for record daily revenue

Bitcoin (BTC) miners have achieved a new revenue milestone from validating transactions, following the 2024 halving. As Bitcoin fees surge, these miners are making high earnings, sparking discussions about the future dynamics of the network. Following the recent Bitcoin halving on April 20, 2024, miner revenue surged to an all-time high of $106.7 million, with 75.444% of it stemming from network transaction fees. This highlights a pivotal shift in miner compensation strategies post-halving. Surge in revenue amidst reduced block rewards The recent halving, which took place on April 20, 2024, drastically reduced the block reward from 6.25 to 3.125 Bitcoin.…

MiningApr 21

The rise in the US inflation rate does not penalize Bitcoin

In February, the inflation rate in the USA rose to 3.2% from January’s 3.1%: however, the price of Bitcoin did not suffer from this increase. Indeed yesterday, when the data was released, the price of BTC had only a small fluctuation, going from $72,000 to $71,400, but then immediately recovering to $72,000. A few hours later, however, there was a brief correction that brought it down to below $69,000, but only to return to $72,000 a few hours later. Today, however, it set a new all-time high above $73,000. The problem of inflation rate in the USA: Bitcoin is not…

BitcoinApr 21

Shiba Inu Skyrockets 60% in Burn Rate; What It Means for SHIB Price

Shiba Inu (SHIB) has witnessed a remarkable surge in its token burn rate as its price is eyeing momentum. Data from the tracking site Shibburn shows that more than 24.2 million SHIB tokens were burned during the last 24 hours. This means that the token burn rate is currently up 61.02%. The current circulation supply of the meme coin is a whopping 582.7 trillion tokens. With such a massive circulation supply, the Shiba Inu ecosystem requires token burning events to ensure the scarcity of the SHIB tokens. A balanced circulation supply is imperative, not only for the SHIB price but…

AltcoinsApr 21

BitGo Rolls Out RBF Integration for Faster Bitcoin Transaction Processing

BitGo, a prominent provider of Bitcoin wallets and custody solutions, has unveiled a new enhancement to its platform with the introduction of Replace-By-Fee (RBF) integration, according to a press release sent to Bitcoin Magazine. This new feature is designed to increase the speed of Bitcoin transaction processing, offering users greater flexibility and control over their transactions. RBF enables users to replace transactions that are stuck in process with higher fees, thereby incentivizing miners to confirm them promptly on-chain. Available across BitGo's range of wallets, including hot wallet, qualified custody, and self custody bitcoin wallet options, RBF integration marks a another…

BitcoinApr 21