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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.

Supercharging Growth for Enjin Ecosystem Partners with Wobbl3’s No-Code Solutions

As the Web3 space becomes increasingly saturated with thousands of games and decentralized apps vying for user attention, the challenge of fostering community growth has never been more competitive. Addressing this, Wobbl3 is stepping up with its innovative viral growth solutions built on top of NFTs and tokens on the Enjin Blockchain. Wobbl3 offers no-code solutions that empower projects to incentivize their communities through valuable rewards for promoting, creating content, and referring new users. With advanced analytics, projects can effortlessly track performance and reward key community leaders in real time. Wobbl3’s formal entry into the Enjin Ecosystem marks a new…

NFT

Analyst Suggests Ethereum To Rebound Following Correction to $2,960

According to Tara, a notable crypto market analyst, Ethereum (ETH) could be gearing up for rebound after reaching a previous target low set at the $2,960 price. Ethereum has been one of the victims of the ongoing market correction, having collapsed 23% from the $3,726 high on April 9 to a two-month low of $2,850 on April 13. Despite a mild rebound from this low, ETH remains in bearish territories, exhibiting choppy price movements in the battle to reclaim $3,000. In an analysis, Tara called attention to these price movements, suggesting that the bearish pressure could continue, eventually leading to…

Ethereum

Will the Bitcoin Halving Make BTC's Environmental Impact Better—or Worse?

With the latest Bitcoin halving set for tonight, the network underlying the world’s largest cryptocurrency is set to undergo its biggest change in years. Much has been prognosticated about how the shift will impact BTC’s price and the broader crypto market. But how will the halving impact Bitcoin’s controversial, oft-debated, and undeniably massive impact on the environment? The answer, it turns out, is complicated. By reducing BTC mining rewards by 50%, Bitcoin’s latest halving will once again move the goalposts on who can afford to direct immense amounts of electricity at creating new BTC, and who can’t. Once upon a…

Mining

IQ.wiki Announces Onboarding of IQ GPT on Ankr Network

IQ.wiki, the biggest crypto and blockchain encyclopedia, has announced its latest collaboration. As per the firm, it is onboarding its IQ GPT Chatbot to the community of Ankr Network. Ankr is a Web3 infrastructure providing platform. The company sees this onboarding as a remarkable step for its further progress. We're pleased to announce that the leading AI assistant for Crypto & Blockchain, IQ GPT Chatbot, has been onboarded to @ankr's community. pic.twitter.com/Pi9sPFKcXE — IQ.wiki (@IQWIKI) April 19, 2024 IQ.wiki Onboards Its IQ GPT Project on Ankr Network It stated that Ankr Network operates as a decentralized platform comprising nodes. It…

Blockchain

Here’s When Bitcoin Bull Market Could Reach Its Peak if History Repeats Itself, According to Crypto Analyst

A closely followed analyst is predicting when Bitcoin (BTC) will reach its peak in the ongoing bull market cycle. In a new video update on YouTube, pseudonymous analyst Rekt Capital tells his 64,600 subscribers that based on historic precedence Bitcoin could hit a current cycle peak in late 2024 or early 2025. “If we were to look at history repeating, it comes down to a range of 266 days to 315 days, which means that we could peak in late November 2024 or late January 2025.” However, the trader also says that the cycle may lengthen in duration since historically…

Bitcoin

Bitcoin Will Power the Next DeFi Summer

In 2023, we said goodbye to Crypto Winter. Now, it’s time to say hello to a new era of DeFi Summer, this time centering on the most buzzworthy yet also durable trends: Bitcoin. With Ordinals proving demand, exchange-traded fundes (ETFs) providing access and Bitcoin scaling solutions emerging, 2024 is set to unlock the ~$1 trillion asset class in ways previously unseen. This op-ed is part of CoinDesk’s “Future of Bitcoin” package. The initial decentralized finance (DeFi) revolution in 2020 centered around smart contracts unleashing blockchain utility beyond the simple maintenance of a ledger and asset. It transformed the technology into…

DeFi

Introducing the Genesis Sneakers NFT Collection

This week, STEPN announced its collaboration with adidas to introduce a collection of NFT sneakers. This move-to-earn platform, renowned for gamifying wellness, has joined forces with the global sports brand to create a limited collection of generative NFT sneakers inspired by adidas’ iconic running silhouettes. — The 1000 STEPN x adidas Genesis Sneakers, co-branded with STEPN’s lightning bolt logo and Adidas’ signature three stripes, are minted on the Solana blockchain, ensuring each pair is unique. This drop marks the inaugural step in a year-long partnership between the two brands, promising a blend of physical items and digital products. According to…

NFT

Crypto experts highlight Ethereum blockchain problems

At the Token2049 conference, blockchain experts debated the Ethereum chain’s current problems. Experts from the blockchain industry discussed the latest innovations and development opportunities during a panel discussion at the Token2049 conference in Dubai. The discussion participants also touched upon the Ethereum blockchain, which is considered the dominant smart contract platform. According to the panelists, Ethereum has scalability problems due to low transaction throughput, leading to high gas fees and network congestion. New blockchains are designed to become more scalable by increasing transaction speeds. You might also like: Ethereum Layer 2 networks to hit $1 trillion in 6 years, VanECK…

Ethereum

Week in Review – April 1 – April 7

General Updates Neo Global Development released the general monthly report for Feb. 2024, which noted Da Hongfei’s article about MEV-resistance, the MEV-resistance community campaign on Meme2Earn, the unveiling of the eight projects joining the Web3.0 Global Acceleration Program, the Lunar New Year NFT reward campaign, the Smart Economy Podcast meetup at ETHDenver, and more. NGD Head of Eco Growth John Wang participated in a panel entitled Constructing the Public Chain Ecosystem in Asia at the Hong Kong Web 3.0 Spring Summit. Neo hosted a booth at the Hong Kong Web3 Festival, where participants could compete for GAS prizes in a…

Altcoins

Foundry to Isolate and Monetize Bitcoin Halving's 'Epic Satoshi,' Distributing Earnings Among Pool Members

Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it plans to distribute the proceeds to its members based on the hashrate on the day of the bitcoin halving. Foundry Aims to Monetize Bitcoin Halving ‘Epic Satoshi’ Mining companies now seek to extract extra value from their operations using Ordinals. Foundry, a New York-based digital mining and staking company, reported that if it produces the Bitcoin halving block, it…

Mining