Making sense of crypto.
NBTCNEWS

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.

Crypto.com announces Rewards+, a new loyalty program

Crypto.com, a global cryptocurrency exchange, has announced a new Rewards+ program. Tailored with the crypto community in mind, the loyalty program aims to reward user support by fostering growth. Rewards+ benefits ✨Rewards+✨– the loyalty programme built for all – is now available worldwide 🌎 ✅ Up to 10% p.a in Earn Plus bonuses ✅ Up to 8% back in https://t.co/vCNztATSCO Visa Card rewards ✅ Up to 4x referral booster 🆕 Trading rebates Activate your rewards now 👉… pic.twitter.com/cw33UHQR29 — Crypto.com (@cryptocom) April 16, 2024 Rewards+ is set to offer a plethora of benefits tailored to match trading activity. Notably, traders…

The forecasts on Bitcoin after the last price correction

Despite the ongoing correction, many predictions about the price of Bitcoin remain positive. For now, it does not seem that the correction has compromised the medium-term trend, which leads up to the halving in mid-April. The correction in progress and the price predictions for Bitcoin in 2025 The current market situation Optimistic forecasts, despite the correction of the Bitcoin price What will BTC miners do? The correction in progress and the price predictions for Bitcoin in 2025 Yesterday, the price of Bitcoin had reached its new all-time high at over $73,800. As has happened several times in the recent past,…

Ripple Unveils Trillion-Dollar ODL Corridor, XRP Price Expected to Skyrocket to $3

Ripple’s XRP experiences a staggering 2703% increase in tokens on the Coreum Network. Anticipation of a supply shock and heightened interest in Ripple’s XRP hint at a potential price surge to $3. The recent announcement of Ripple’s expansion of its On-Demand Liquidity (ODL) corridor has had a substantial impact on the XRP ecosystem. A report from Ailtra Platform highlights this expansion, which correlates with a remarkable increase in XRP token volume, stirring excitement and speculation within the XRP community about its future valuation. This development is part of Ripple’s broader strategy to enhance its ODL service, which utilizes XRP as…

Bitmain Sets Release for L9 Miner, Promising 'Unchallenged' Efficiency in Scrypt Mining

According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy efficiency of 0.21 joules per megahash (J/M) mines litecoin, dogecoin, and digibyte. Bitmain Set to Launch L9 Scrypt Miner in May for Litecoin and Dogecoin Miners Bitmain announced on Tuesday its plans to launch the new L9 Antminer in May. The company declared on social media that the forthcoming ASIC stands as an “unchallenged miner” for crypto assets like LTC, DOGE, and…

Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations

Crypto market capitalization dropped 7%, with major tokens like bitcoin, ether, and others falling sharply in the past 24 hours. The decline was triggered by higher-than-expected inflation data and profit-taking by some traders, with some analysts predicting further losses before a potential rebound. Crypto market capitalization dropped 7%, its sharpest fall this year, as bitcoin (BTC) plunged 8% in the past 24 hours to wipe weekly gains and kickstart a marketwide decline. Bitcoin slumped from Thursday’s high of $73,000 to as low as $65,800 early Friday before slightly recovering. Meanwhile, Coindesk 20, a broad-based index of most liquid cryptocurrencies, was…

Binance-Listed Altcoin Decides to Distribute $30 Million Airdrop to Holders! Here are the Terms

Fitness cryptocurrency app Stepn announced that it will airdrop bonus points equivalent to $30 million in GMT tokens. The company is distributing 100 million “FSL” points to its users, which can be exchanged for GMT tokens on a 1-to-1 swap basis through the Stepn marketplace. GMT tokens are currently trading at around $0.30, while the total value of Stepn's point distribution is estimated to be around $30 million, according to CoinMarketCap. “Because we have workspace, we have stability as a business and we can give that back to users,” said Stepn CEO Shiti Manghani. This year's airdrop, described by Manghani…

Coinbase responds to the SEC's attack on the new Bitcoin ETFs

On March 11, two US senators, Jack Reed and Laphonza Butler, sent a letter to SEC President Gary Gensler asking not to approve any more crypto ETFs after the one on Bitcoin: Coinbase immediately enters into conflict. According to the two Democrats, the introduction of other cryptographic investment tools would expose retail investors to too high risks. Coinbase, which obviously has a vested interest in new crypto ETFs being approved, dissociates itself from what was highlighted by the senators, stating that the provocations are completely misleading. The main issue at stake is the question of exchange-traded funds for Ethereum, with…

Shiba Inu (SHIB) Hits Major Milestone of 4 Million Total Addresses

Dog-themed cryptocurrency Shiba Inu (SHIB) has achieved a remarkable feat, with its total addresses hitting the four million mark, per IntoTheBlock data. This milestone underscores growing adoption and interest in SHIB, marking a pivotal moment on its journey within the cryptocurrency market. "Total addresses" in this context refer to all addresses ever created that, at one point, have held SHIB, including those that still do. To put it simply, total addresses are those that used to hold SHIB but no longer do, as well as those that do. In this regard, the total number of SHIB addresses with a balance…

Movies Plus Now Accepts Bitcoin as a Payment Method

Streaming platform Movies Plus announced this week that it has added Bitcoin to its payment options, allowing subscribers to pay using the leading digital currency. With this move, the firm joins a list of companies accepting Bitcoin as a payment method, including Microsoft, AT&T and Namecheap. To optimize Bitcoin payments, Movies Plus has partnered with Flash, a payment processor that uses the Bitcoin Lightning Network. The latest rollout of Movies Plus also makes it the first streaming platform to accept Bitcoin payments. Streaming giants like Netflix or Hulu do not currently support Bitcoin or any other cryptocurrencies. Despite airing documentaries…

Ripple CEO Buzzes Over Growing XRP Ledger Community at Blockbuster Event

In a recent high-profile event that drew the attention of the cryptocurrency community, Ripple CEO Brad Garlinghouse took the stage to share his excitement about the most recent developments, particularly the upcoming XRP Ledger stablecoin. It’s great to be back at @ParisBlockWeek -- I joined @xrpl_commons CEO David Bchiri on stage to discuss why Ripple is planning to launch a USD stablecoin later this year, growing the #XRPL community, and crypto regulation (of course!). pic.twitter.com/r2No7XmQZZ — Brad Garlinghouse (@bgarlinghouse) April 10, 2024 "It's great to be back at Paris Blockchain Week. I joined xrpl commons CEO David Bchiri on stage…