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Author: 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.

$2.9B Transfers & 115 Blockchains Connected

As we commemorate the third anniversary of the Inter-Blockchain Communication (IBC) protocol, it's a pleasure to have Susannah Evans, the IBC Product Lead at Interchain Foundation, with us. — IBC has emerged as a stalwart in the realm of interoperability, boasting reliability and a proven track record. Its inception, rooted in the pursuit of seamless communication among diverse blockchain networks, has significantly minimized the need for third-party intermediaries, setting a benchmark for best practices in the field. With 115 blockchain zones currently integrated through IBC and an impressive $2.9 billion in transfers recorded in the past month alone, the protocol's…

Blockchain

Top Investigator Claims Ripple Sells XRP to Buy Bitcoin

A crypto investigator, widely recognized as “Mr. Huber” on X, claims that Ripple often liquidates its XRP holdings to buy Bitcoin, especially during times of significant market upturns for BTC. Mr. Huber recently reestablished this claim as market participants continue to scrutinize XRP’s underperformance amid its monthly inflation due to Ripple’s persistent escrow unlocks and sales. The crypto sleuth initiated the conversation on X by calling attention to XRP’s supply increase compared to other assets like Bitcoin, Ethereum, Cardano, and Solana, which have been top performers in this emerging bull run. Responding to the post, BTC enthusiast Franco Cappello pointed…

Bitcoin

Toncoin (TON) price hits a new all-time high

Toncoin (TON) price rose more than 17% to hit a new all-time high TON reached highs of $6.27 on Monday as Bitcoin jumped above $72,000. Can TON hit $10 this week? Toncoin (TON) is one of the altcoins to post huge gains on Monday as the cryptocurrency market savoured Bitcoin’s swift surge to above $72,000. The TON token rose more than 17% in 24 hours to hit a new all-time high of $6.26. Data from CoinGecko shows the price of Toncoin is up more than 120% in the past 30 days. Today’s upside followed Bitcoin’s uptick that unsurprisingly lifted most…

Altcoins

Huma and Arf merge, set to revolutionize global finance with blockchain

The merger of Huma Finance and Arf, two cutting-edge blockchain financial services platforms, was officially announced recently. This breakthrough indicates a major step in pursuing their joint mission of reshaping global economic exchange. These collaborations will significantly improve the landscape of blockchain-based financial services and likely reach a liquidity volume of more than $3 billion by 2024. The problem of cross-border money transfer is intricate. It includes several factors, such as clearing systems of various countries where not all of them follow the same financial standards and specific laws of each country. As of now, about $4 trillion of money…

Blockchain

Bitcoin reaches a new ATH, accumulation increases

Bitcoin (BTC) has been consistently reaching new milestones almost every day over the past week as strong bullish momentum continues. BTC briefly touched a new ATH of $73,750 at around 07:00 UTC on March 14 with its market cap reaching $1.45 trillion. However, the flagship digital currency slightly slipped and is trading at $73,350 at the time of writing. BTC price, whale activity, exchange inflow, exchange outflow and supply outside of exchanges – March 14 | Source: Santiment Moreover, Bitcoin’s daily trading volume recorded a 25% decline and is currently hovering around $46 billion. You might also like: Dencun update…

Bitcoin

Giant Whale Dumped All of This Altcoin to Binance

A whale known by the short address 0xa09 deposited his last remaining 1,488 MKR, worth $ 5.43 million, to the cryptocurrency exchange Binance at an average price of $ 3,652. This whale allegedly purchased a total of 4,489 MKR via the CoW Protocol and Binance on March 17, March 28, and April 1, 2024, at an average cost of $2,984. However, apart from the last transaction, the whale in question deposited other MKR tokens to Binance in the last 5 hours at an average price of $ 3,583 and a total value of $ 16.09 million. If the whale actually…

Altcoins

ATOR Protocol Announces Chief Infrastructure Collaboration with Streamr Network

ATOR Protocol, the crypto project that advances The Onion Router’s functionality via on-chain incentives, has announced a new collaboration. The company stated that it is going to collaborate with Streamr (a decentralized platform for data broadcasting) for the advancement of infrastructure. Announcing a key infrastructure partnership with @Streamr The Streamr Network is a data transfer #DePIN specialized in broadcasting streams of data to multiple subscribers. It is an excellent complement to ATOR's privacy network, with potential for 🔹Support for UDP based… pic.twitter.com/CiXQ6qWZWQ — ATOR Protocol (@atorprotocol) April 18, 2024 ATOR Protocol Starts a Crucial Collaboration with Streamr Network To reveal…

Blockchain

Bitcoin bullish momentum to persist despite miners sell-off, CryptoQuant CEO says

Miners have seemingly started offloading their Bitcoin holdings as the fourth halving approaches, CryptoQuant notes. As Bitcoin (BTC) maintains its bull run and the fourth halving nears, miners have started selling their holdings in the cryptocurrency, monetizing their business operations to buy more equipment for profitability. In an X post on Mar. 13, CryptoQuant CEO Ki Young Ju published a graph of miners’ selling activity since 2012, noting that this time “bull market would continue unless ETF [exchange-traded fund] inflow slows down.” Miners started selling $BTC. Bull market would continue unless ETF inflow slows down, imo. pic.twitter.com/jdxmvnj9jV — Ki Young…

Bitcoin

Ethereum Price Holds Strong At $3K But Can Bulls Clear This Hurdle?

Ethereum price is consolidating near the $3,000 zone. ETH could start a decent recovery wave if it clears the $3,100 and $3,200 resistance levels. Ethereum is struggling to recover above the $3,100 resistance zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $3,035 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,100 resistance zone. Ethereum Price Holds Ground Ethereum price slowly moved lower after it failed to clear the $3,200 resistance zone.…

Ethereum

What Are The Projects That Will Distribute Airdrops And Launch Altcoins In The Coming Days? Here is the List

Cryptocurrency analytics firm Layergg recently released an exciting roadmap for the second quarter of 2024, hinting at the potential launch of several new altcoins. The roadmap suggests that April could be a particularly busy month for token launches, with EIGEN and ZKS making their debuts. Mainnet Launches Many projects, including Taiko, Diva Staking, Babylon, Eclipse, and Initia, are scheduled to launch their mainnets in the 2nd quarter. Avail and Aleo were also expected to launch their mainnets in April, but Aleo's launch was delayed. Token Generation Events (TGE) Layergg's roadmap also highlights token generation events (TGE), airdrops and token sales.…

Altcoins