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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.

CrossSpace Integrates with BNB Chain, Enhancing On-Chain Influencer Networks

CrossSpace, a ground-breaking platform in SocialFi and asset distribution, is unveiling its integration with BNB Chain. It is a major achievement in the field of on-chain influencer networks. As a result of this integration, transaction speeds will improve and gas fees will decrease, providing people with a more seamless experience with BNB Chain. CrossSpace Boosts BNB Chain’s Ecosystem Projects with Viral Referrals CrossSpace’s viral referral mechanism, surpassed in the SocialFi structure, ensures the formation of authentic and hugely valuable networks of users based on on-chain social relationships. This ensures that user engagement and consumer interactions have common interests. It increases…

Blockchain

Peter Brandt Provides Crucial Bitcoin Price Update

The Bitcoin market witnessed a significant downturn today, with prices tumbling by over 6.5% within a span of 24 hours. Despite this downturn, Bitcoin maintains its position around $68,000, marking a marginal decrease of only 8.33% from its all-time high. This slight dip comes amid heightened market volatility, prompting renewed attention from investors and analysts alike. One notable figure contributing to the ongoing discourse surrounding Bitcoin's price movement is veteran trader Peter Brandt. In a recent update shared with the community, Brandt provided insights into his current assessment of Bitcoin's trajectory. Without delving into specific figures or predictions, Brandt emphasized…

Bitcoin

Ethena Staking Rewards Ignite Massive ENA Movements

The launch of ‘Ethena Season 2’ staking rewards has triggered movements, as whales have been actively withdrawing large sums of $ENA (Ethena’s native cryptocurrency) from exchanges to participate in the program. Since initiating the ‘Ethena Season 2’ staking rewards, there has been a notable uptick in activity from major $ENA holders. Ten wallets have collectively withdrawn more than 1 million $ENA from various exchanges, accumulating 37.5 million $ENA (valued at approximately $51 million). Since the launch of #Ethena Season 2 staking rewards, 10 wallets have withdrawn more than 1M $ENA from exchanges and staked it, totaling 37.5M $ENA($51M). Another wallet"0x523b"…

Altcoins

AlphaOrBeta Elevates Prediction Markets on opBNB Chain

AlphaOrBeta, a pioneer in the dynamic opinion and prediction market space, has made a strategic move to the opBNB chain, a layer within the BNB CHAIN ecosystem. This launch is poised to transform user experiences with its unique market models and to contribute significantly to the robust BNB CHAIN community. The Strategic Shift to opBNB Chain Optimistic Roll-ups on opBNB bring forth a wave of advancements, tailored to AlphaOrBeta’s innovative vision. This layer 2 solution breathes new life into transaction efficiency, boasting speeds and cost-effectiveness that stand out in the digital transaction space. Users of AlphaOrBeta can now enjoy these…

Blockchain

NEAR sets $4M for infrastructure boost with new committee

The NEAR Foundation has announced a very important step towards solidifying its infrastructure: establishing the Infrastructure Committee with a pledge of $4 million for upgrading the blockchain’s basic functions. The initiative was prompted by a continuous user and transaction increase in NEAR, highlighting the need for a powerful architecture to support the project’s expansion. The advanced Committee must enhance the significant aspects of NEAR’s infrastructure, which comprises RPC nodes, relayers, indexers, bridges, wallets, and load balancers. Moreover, NEAR aims to meticulously maintain its listing by decentralized exchanges and provide quick responses in case of refined reports and emergencies. The Committee,…

Altcoins

ETH Teeters Between Bullish Breakout and Bearish Continuation

As ethereum fluctuates within a wide trading range from $2,991 to $3,266 on April 15, 2024, key technical indicators and chart patterns suggest a nuanced but potential shift in market sentiment. Despite a bearish trend over the past week, recent oscillator and moving average signals point towards a possible bullish reversal. Ethereum The relative strength index (RSI), hovering at 44.8, reflects a neutral sentiment among traders, indicating that ether is neither overbought nor oversold at this moment. Meanwhile, other oscillators like the Stochastic and commodity channel index (CCI) reinforce this neutrality, suggesting that immediate directional moves might be limited. However,…

Ethereum

Gaming-Centric Blockchain Oasys Partners With LayerZero: Details

The joint infrastructure by the two teams will be used for NFTs and value transfer between various blockchains while accessing gaming mechanisms and designs. Oasys teams up with LayerZero's omnichain ecosystem According to the official statement by the two teams, Oasys, the first-ever programmable blockchain tailored for gaming use cases, has entered into a long-term tech partnership with LayerZero Labs, a developer of omni-blockchain crypto and the NFT ecosystem. LayerZero is live on @homeverse_games ! HOME Verse is the L2 of @oasys_games, offering an experience tailored to gamers and game developers. The network features high transaction speeds and zero gas…

Blockchain

PayPal removes NFT transaction protections

PayPal is set to alter its protection policies for NFT transactions, marking a striking shift from its previous support for the tokens. According to its terms and conditions page, the payment giant is changing the parameters of its Seller Protection Program to exclude Non-Fungible Tokens (NFTs) with a transaction amount of $10,000 or above starting on May 20. The updated terms surfaced on March 21, revealing that PayPal will no longer cover NFT purchases under its buyer protection policy. Additionally, NFT sales exceeding $10,000 will not be protected against false claims, chargebacks, or other scams that could financially harm sellers.…

NFT

Notcoin founder details upcoming coin launch

The Notcoin project team is summing up the results of the mining stage and preparing for the listing of the NOT token. Sasha Plotvinov, co-founder of Notcoin and founder of Open Builders, says the team is now working on organizing the branding of user tokens “so as not to destroy the ecosystem.” “After listing, the fun begins. Notcoin will enter the free market, and people will dispose of it as they wish.” Sasha Plotvinov, Notcoin co-founder Open Builders plans to introduce a trading bot, which is expected to become one of the most popular on Telegram in terms of audience…

Altcoins

Ethereum Funds Notch Fifth Week of Losses—Will Hong Kong ETFs Snap the Streak?

Swirling geopolitical risks in the Middle East are the latest headwind battering Ethereum-based funds, as a streak of outflows continues apace. Over the past five weeks, investors have yanked $118 million from digital asset investment products tracking Ethereum, according to a report from CoinShares on Monday. Meanwhile, Bitcoin-based funds have attracted over $3.5 billion in inflows. “Investors are seemingly hesitant since the positive price momentum has stalled,” James Butterfill of CoinShares wrote in the report, adding that Ethereum “suffered [the most] on a relative basis” amid a selloff last week. The second-largest cryptocurrency by market cap has fallen 14% to…

Ethereum