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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.

Brighty App Lists TON, Offering Enhanced FinTech Services to European Users

Brighty App, a leading European fiat and crypto neobank from Switzerland, has officially announced the listing of Toncoin (TON) on its platform. This listing, effective from April 10, marks a significant extension of Brighty’s cryptocurrency offerings, catering both to fiat and crypto users across Europe. Toncoin is the native cryptocurrency of The Open Network (TON), a blockchain ecosystem initially developed by the creators of Telegram. TON is designed to provide high transaction speeds and scalability, supporting various applications including decentralized apps and smart contracts. With the integration of TON, Brighty App users can now access a range of new financial…

Exchanges

Bitcoin Sinks Following New ATH, Trader Unfazed and Prepares for ETH Rally

Ash Crypto reassures investors amid Bitcoin’s drop, citing profit-taking and alt resilience. Ethereum poised to surge post-Bitcoin stabilization, with ETF anticipation. Altcoin rally expected as market confidence grows, urging patience over impulsive reactions. Seasoned crypto trader, Ash Crypto, offers insights into Bitcoin’s recent price drop and the outlook for Ethereum (ETH) and altcoins in the cryptocurrency market. In particular, he addresses why Bitcoin has fallen below its previous ATH of $69,000 despite setting new ATH of $73,737 yesterday. Why Bitcoin is Dumping and what is next for ETH and Altcoins ? First of all stop panicking, Bitcoin had a massive…

Bitcoin

Telegram-Linked Toncoin (TON) Hits ATH Amid IPO Speculations

Toncoin (TON) reaches a new all-time high amid speculation that Telegram’s founder may consider an initial public offering (IPO). According to CoinMarketCap, the price of Toncoin briefly exceeded the $7 mark and broke its historical record. As Toncoin’s market cap surpassed it of Cardano (ADA), statistics show that TON is now the ninth biggest coin in the market, ranked above Cardano and Avalanche. Though the current trading price has slightly dropped by 0.3% over the past 24 hours to $6.8, its trading volume in a day still rose by 20% and demonstrated popularity among investors. Telegram Plans to Go Public:…

Altcoins

CeluvPlay and Manta Pacific Join Forces for Gaming Evolution

In a significant development for the gaming industry, CeluvPlay has announced its integration with Manta Pacific, a move aimed at bolstering the security and efficiency of its platform. This partnership marks a crucial step forward for CeluvPlay, as it seeks to expand its user base and provide a more robust gaming experience. With the integration of Manta Pacific’s cutting-edge technology, CeluvPlay is poised to unlock new possibilities and deliver unparalleled benefits to its users. 🧵 🎉 Exciting News!!🎉 We're thrilled to announce our partnership with@MantaNetwork ✨ After considering various options for the expansion, We chose to partner with Manta Network…

GameFi

Hashkey Global opens crypto listing applications after ETFs approval

HashKey Group’s global crypto exchange, Hashkey Global, opened its licensed crypto listing scheme, offering high-quality projects an opportunity to expand their reach. 2/ 🚀 Simultaneously, HashKey Global has launched 21 new tokens on its spot market, including popular cryptocurrencies such as BTC, ETH, USDC, and more. — Tiger Research Inc. (@Tiger_Research_) April 16, 2024 That comes after Hong Kong’s regulator authorized the first Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs). HashKey’s token listing scheme According to a local outlet, the trading firm revealed plans to accept regulated cryptocurrency listing applications via its official website. The exchange will provide…

Exchanges

Bitcoin’s Cycle Top Is Near, But a 20% Correction is Necessary: Analysts

CryptoCon, a popular technical analyst, highlights the potential for a Bitcoin cycle top, citing indicators such as the Directional Movement Index (DMI), which gauges an asset’s strength and direction while reducing potential false signals. The analysts suggest that a cycle top could occur in two weeks or three months – around April and June this year. More Pain to Come? However, he notes that based on previous DMI signals, the final top has been reached twice in ten months. Therefore, a more likely timeframe for Bitcoin’s cycle top could be by December 2024. The 2 Week Directional Movement Index tells…

Bitcoin

Friend.Tech Money Metrics Surge Ahead of Potential Airdrop, V2 Release

Friend.Tech, a blockchain-based social application that allows crypto personalities on X to issue shares for access to closed group chats, has seen a resurgence in activity and value locked. Recent developments, including a possible FRIEND token and expansion beyond X, have renewed interest in the platform. More than $7 million has flowed into the platform in anticipation of the developments. Money is flowing back into social application Friend.Tech as a new version teases an eventual airdrop, bringing users back to what was among the biggest revenue-generating platforms during the bear market. Over $7 million flowed to Friend.Tech last week after…

Altcoins

Bored Ape Creator Yuga Labs Just Offloaded NFT Games to Sharpen Focus on 'Otherside'

Yuga Labs, the startup behind the Creator of Bored Ape Yacht Club (BAYC), has sold two of its gaming IPs to Web3 gaming studio Faraway—a development team that has been working closely with Yuga since last year. Both HV-MTL and Legends of the Mara have been acquired by Faraway, along with associated NFT collections. Faraway is also adding Yuga Labs’ Chief Gaming Officer Spencer Tucker as its new Chief Product Officer to help maintain continuity as the games continue on under a new company. As a result, Yuga Labs now has two gaming properties remaining in-house: The ApeCoin-powered metaverse gaming…

GameFi

Korean crypto markets hit 2-year trade volume peak

In Q1 2024, Korean crypto markets witnessed their highest trade volume in over two years, with KRW overtaking USD in cumulative trade volume, Kaiko says. Trade volume in Korean crypto markets soared to its highest level in over two years in early March, driven by an improved macroeconomic environment and heightened competition among local exchanges, according to data from blockchain analytics firm Kaiko. Despite Upbit‘s longstanding dominance in the South Korean crypto scene, boasting an average market share of 82% over the past three years, the recent changes in the landscape appear to have brought more competition to the market,…

Exchanges

Why Is Bitcoin Price Down Today? 3 Key Reasons

Today’s Bitcoin price movement is a confluence of factors including massive liquidations, macroeconomic pressures, and the impact of negative Coinbase Premium alongside Bitcoin ETF dynamics. These elements combined have led to a noticeable dip in Bitcoin’s price. #1 Long Liquidations Today’s Bitcoin market saw a significant price drop, initiated by a sweeping liquidation event on the futures market. Over the last 24 hours, crypto trader liquidations exceeded $682.54 million across more than 191,000 traders, according to Coinglass data. This surge in liquidations resulted in Bitcoin’s price plummeting by 8% in mere hours, falling from $72,000 to $66,500. Although there was…

Bitcoin