Making sense of crypto.
NBTCNEWS
Home»Author: NBTC(Page 8436)

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.

Tanssi launches incentivized campaign for its Dancebox testnet

Tanssi Foundation's "Lets Forkin' Dance" is an incentivized testnet campaign designed to enhance the Tanssi's ecosystem. The post Tanssi launches incentivized campaign for its Dancebox testnet appeared first on Crypto Briefing. Tanssi launches incentivized campaign for its Dancebox testnet The Tanssi Foundation has recently launched the “Let’s Forkin’ Dance,” an incentivized testnet campaign aimed at enhancing community engagement and network activity in anticipation of the Tanssi Network’s launch. According to the announcement, the Dancebox testnet has already facilitated over 700 appchain deployments, demonstrating significant market adoption. The “Let’s Forkin’ Dance” campaign introduces incentives for general users, builders, and Block Producers,…

Blockchain

Why This Bitcoin Mining Cycle is Different: Coinbase Analysts Weigh In

The crypto sphere is alive with anticipation for the upcoming Bitcoin (BTC) halving. According to Coinbase analysts, this event is poised to be unlike any before, primarily due to the advent of US spot Bitcoin ETFs, active BTC supply, and their substantial impact on the market. Analysts shared a detailed report with BeInCrypto, delving into these changes and offering insights illuminating the current cycle’s uniqueness. What Would Impact the Current Bitcoin Halving Cycle? Historically, halvings have reduced Bitcoin miners’ rewards. The 2024 halving will slash issuance from 6.25 BTC per block to 3.125 BTC. Though historical data offers some guidance,…

Bitcoin

Will the Big Event Happen in May?

In a recent roundtable discussion, Bitwise Asset Management's Chief Investment Officer Matt Hougan expressed confidence in the final approval of Ethereum ETFs. “Whether we get approval in May or later, we've shown that the ETF costs less to launch and provides better protections for investors looking to access this asset class, so it's not a matter of if but when an Ethereum ETF will happen,” Hougan said. “I think it is,” he said. Bitwise has already launched a spot bitcoin ETF and has also filed for a spot Ethereum ETF. The firm is optimistic about the future of cryptocurrency ETFs,…

Ethereum

Tensor Foundation distributes $150 million in its TNSR token

Tensor Foundation, the entity behind Solana’s non-fungible token (NFT) marketplace Tensor, launched today its governance token TNSR. A total of 125 million TNSR was airdropped to users who interacted with Tensor, which is 12.5% of the total supply, and the claim period is 180 days. The TNSR price started at $1.19, and data aggregator CoinGecko shows that it leaped over 51% in the four hours after its launch, now sitting at $1.81 at the time of writing. TNSR’s fully diluted value surpassed $1.7 billion, and the token is already listed on the largest centralized exchanges by trading volume, such as…

Altcoins

Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record

Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653 exahash per second (EH/s). Bitcoin Hashrate Achieves New High as Halving Approaches Just hours ahead of Bitcoin’s fourth halving, the network’s hashrate has set a new peak, reaching 653 EH/s on Friday—a 12 EH/s increase over the highest record set a week earlier. BTC miners are vigorously pursuing block height 840,000 to collect as many 6.25 BTC rewards as possible…

Mining

Aethir introduces Aethir Edge, a next-level DePIN hardware

Aethir has detailed insights about Aethir Edge, the centerpiece of its solution for making it big in one of the fastest-growing segments—DePIN, an acronym for decentralized physical infrastructure. The idea is to support the AI and gaming sectors with GPU cloud computing. Plans are in line for Aethir to roll out rewards and native tokens—ATH—in the second quarter of 2024. Aethir Edge has been defined by Aethir as a visionary hardware cloud computing device that can anticipate the rapid expansion of user bases and enterprises. Also working in favor of Aethir Edge is that it attempts to bank those who…

Blockchain

Veteran Trader Peter Brandt Reveals Rare Bitcoin Price Chart

In the fast-paced and often tumultuous realm of cryptocurrency trading, seasoned trader Peter Brandt has emerged with a unique approach that has caught the attention of the market. Brandt, boasting over four decades of trading experience, has unveiled his secret weapon: the weekly Renko graph. Brandt's endorsement of the Renko chart as his primary method for evaluating BTC trends has stirred significant interest among traders. Renko graphs, unlike traditional charts, consolidate small price movements into distinct blocks, offering a lucid portrayal of prevailing market trends. Hidden gem? The veteran trader's confidence in the Renko chart is underpinned by its remarkable…

Bitcoin

Xrpl Nfts Will Be Part Of A Massive Event Expected To Attract 28 Million People

Emi YOSHIKAWA, Ripple’s vice president of corporate strategy and operations, took to social media X to comment on Japanese giant SBI Holdings’ recent XRPL initiative, calling it a “huge” deal. SBI intends to use the XRP Ledger to issue non-fungible tokens (NFTs) to visitors to Expo 2025, the upcoming World Expo to be held in Osaka, Japan. The NFT MYAKU-MYAKU, the official Expo character, can be obtained by visiting Explo and completing various missions. Visitors can also receive additional NFTs if they use the Expo mobile app. It is worth noting that the event is expected to attract 28 million…

NFT

Ancient Ethereum (ETH) Whale Suddenly Comes Back in Epic Manner

In a notable development within the Ethereum ecosystem, an early participant in the Initial Coin Offering (ICO) has recently executed a substantial sell-off, garnering attention across the cryptocurrency community. According to reports from Spot on Chain, the individual in question has sold 2,000 ETH for 6 million USDC, a transaction of considerable magnitude. This event is particularly noteworthy due to the historical context of the whale's involvement with Ethereum. Records indicate that the whale initially acquired 33,213 ETH during Ethereum's Genesis ICO on July 30, 2015, at an ICO price of approximately $0.31 per token. Over time, they have strategically…

Ethereum

Bulls Take Charge as Price Surges Nearly 17%

Dogecoin surged by 17% over the past three days, showcasing strong bullish momentum. Bulls quickly regained control after a dip, leveraging support from the 20-day EMA and previous breakout zones. Technical analysis indicates a positive trajectory, with Dogecoin forming higher highs and higher lows. Dogecoin (DOGE) has experienced a notable uptrend with an impressive 17% increase in its value over the past three days. After dipping below the 20-day EMA, Dogecoin swiftly bounced back, demonstrating robust bullish momentum. Despite efforts from bears to challenge the emerging bullish sentiment after reaching a fresh swing high, the bulls quickly regained control, utilizing…

Altcoins