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.

ETF Inflows Drops 80.6% in 24 Hours, Pushing BTC Price Below $67K

According to Spot On Chain, a cryptocurrency analytics platform, Bitcoin ETF recorded a net inflow of $133 million on Thursday, March 14, 2023. This represents an 80.6% drop from the previous day’s inflow. 🚨 BTC #ETF Net Inflow Mar 14, 2024: +$133M • The net inflow dropped by 80.6% compared to the previous day. • The cumulative total net inflow after 44 trading days is $11.96B. • Despite remaining positive, the net inflow is at its lowest level in the past 8 trading days.… https://t.co/HCzX7H3Nat pic.twitter.com/jIdE3pp2Wt — Spot On Chain (@spotonchain) March 15, 2024 The analytics platform also reported a…

BitcoinApr 18

Crypto.com’s venture arm scales back activity amid dubious market valuations

Crypto.com’s venture arm has scaled back its investment activity as the sustainability of surging valuations in the sector becomes less evident. Crypto.com Capital, a venture arm of the company of the same name which had $500 million available for investments in startups in the sector as of January 2022, has reduced its investment activity over the past 18 months, according to a Bloomberg report. Analysts at Dealroom noted a decrease in crypto.com investments since the beginning of 2023, compared to previous years, saying the firm made only four deals since the start of 2023, compared with 35 in the two…

MarketsApr 18

'Guy Explaining' Nightclub Meme to Be Sold as Ethereum NFT

A popular meme photo of a guy at a club yelling into a girl's ear—about something that she doesn't appear to be into—is going up for auction as an Ethereum NFT on Foundation. “Milk Edinburgh” received its name from the nightclub where it was taken—Milk, in Edinburgh Scotland. The picture was originally shared around the internet with a watermark of the club's moniker on it, which is why the name stuck, and it’s since been widely used as an example of a “guy explaining” or “mansplaining.” The photograph was originally taken in 2018 by David Wilkinson—who along with the help…

NFTApr 18

ETH positive sentiment rallies, average network fees reach 11-week low

The Ethereum (ETH) price has gained momentum as positive investor sentiment recorded an impressive surge. ETH is up by 0.3% in the past 24 hours and is trading at $3,080 at the time of writing. The asset’s market cap is currently standing at the $370 billion mark. However, Ethereum’s daily trading volume plunged by 21%, dropping to $17.1 billion. ETH price, open interest, average fees and RSI – April 17 | Souce: Santiment According to data provided by Santiment, 69.9% of the conversations around Ethereum on social media platforms show positive sentiment while only 20.2% of the investors and traders…

EthereumApr 18

Dogecoin Looking for New 2024 Peak

Dogecoin (DOGE), the leading meme cryptocurrency, might be on track to reach a new record high, according to analytics platform IntoTheBlock. The whimsical cryptocurrency, which is the most famous parody of Bitcoin, has surged by more than 10% over the past month, outperforming some other major altcoins. However, in order to move to new highs, the meme coin would first need to convincingly break above the $0.20 level. According to data provided by IntoTheBlock, 32,000 addresses hold almost 4 billion DOGE tokens at a loss at current prices. The leading meme cryptocurrency is currently changing hands at $0.18 on major…

AltcoinsApr 18

US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US

US senators Cynthia Lummis and Kirsten Gillibrand have jointly unveiled bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins, according to an April 17 statement. Dubbed the Lummis-Gillibrand Payments Stablecoin Act, the proposed law wants to “protect consumers, enable innovation, and promote US dollar dominance while preserving the dual banking system.” Speaking on the bill, Senator Lummis said: “[The bill] preserves our dual banking system and install guardrails that protect consumers and prevent illicit finance while ensuring we don’t derail innovation.” Stablecoins like Tether’s USDT and Circle’s USDC are some of the most popular digital assets in…

RegulationApr 18

Cluster Protocol and Openfabric AI Join Forces for AI and Blockchain Advancement

In a groundbreaking development for the AI and blockchain industries, Cluster Protocol and Openfabric AI have announced a strategic partnership aimed at revolutionizing the landscape of technological innovation. This collaboration transcends mere integration; it represents a concerted effort to propel AI advancement forward, fostering accessibility and scalability while upholding the highest standards of security and decentralization. We are excited to announce our partnership with @ClusterProtocol 🥳 Cluster Protocol is a proof of compute protocol and Open Source community for decentralized AI models. Learn more: https://t.co/RJk2txeSfG pic.twitter.com/6SJVpMV7sP — Openfabric AI (@openfabricai) April 17, 2024 The partnership between Cluster Protocol and Openfabric…

BlockchainApr 18

'Rich Dad Poor Dad' Author Kiyosaki Recognizes Bitcoin's Dominance Over Gold

Renowned author of "Rich Dad Poor Dad" Robert Kiyosaki recently underscored Bitcoin's supremacy over traditional assets like gold and silver. In a social media post, Kiyosaki expressed his preference for Bitcoin due to its fixed supply, contrasting it with the dynamic nature of gold and silver prices. He highlighted the inherent limitation of Bitcoin's supply to 21 million coins, a factor that distinguishes it from precious metals and commodities like oil. I love gold and silver. I own gold and silver mines. The problem with gold and silver is…the higher the prices go, the more gold and silver is found.…

BitcoinApr 18

Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund

Zignaly has launched ZIGChain on Cosmos and announced a $100 million fund. The company was recently awarded a crypto license in South Africa Decentralized social-investing marketplace Zignaly announced the ZIGChain layer-1 blockchain on Cosmos and a $100 million ecosystem development fund. The fund will focus on developing wealth-generation infrastructure that is effortless from the user's perspective, the team said at Token2049 in Dubai. Zignaly is something like a crypto fund manager, and allows users to copy trades from professionals. It was recently awarded a crypto license in South Africa for discretionary financial-service provision, equivalent to those issued for fund managers…

MarketsApr 18

the queue of validators is sharply increasing

The queue of Ethereum Blockchain validators is sharply increasing, reaching the highest levels since September 2023. Currently, the waiting list of validator nodes has risen above 21,391. Ethereum Blockchain: the number of validators reaches 21,391 Ethereum Blockchain: the queue of validators is increasing rapidly due to restaking The opportunities of restaking and the price of ETH Ethereum Blockchain: the number of validators reaches 21,391 According to data from ValidatorQueue, it seems that the Ethereum blockchain validator queue rose to 21,391 yesterday. Nothing to do with the 7,045 validators waiting reported last February. This means that the number of users queuing…

EthereumApr 18