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.

Machine learning algorithm sets Ethereum price for April 30, 2024

With the approval of an Ethereum (ETH) spot ETF potentially on the horizon in May, the second largest cryptocurrency by market cap is on many traders and investors eyes given how it could stand to benefit However, despite the excitement, ETH has been struggling to keep pace with Bitcoin (BTC) in recent times. This 3-year low ETH/BTC exchange rate challenges what enthusiasts call “the flippening”- a hypothetical scenario where Ethereum surpasses Bitcoin as the dominant cryptocurrency by market capitalization. Several factors are contributing to this underperformance. One key reason is the decline in activity on Ethereum’s network. The number of…

EthereumApr 13

SubQuery Provides Support for OriginTrail with Rapid Data Indexing

SubQuary, a data aggregation network offering web3 infrastructure services, has collaborated with Origin Trail. The partnership reportedly takes into account the utilization of the Decentralized Knowledge Graph of OriginTrail to drive a certifiable internet concerning artificial intelligence. The decentralized, open, flexible, and rapid data indexing solution of SubQuery is quite assistive in this respect. SubQuery and OriginTrail Partner to Revolutionize the Web3 Ecosystem The respective indexing permits developers in the blockchain sector to conveniently query the data on the chain for applications and protocols. Instead of developing their separate indexing solutions, blockchain developers have the liberty for other things. In…

BlockchainApr 13

El Salvador Moves Bitcoin Reserves to Cold Storage Vault

On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storage, securely kept within a vault in its national borders. This strategic decision marks a pivotal juncture in El Salvador's Bitcoin journey since the introduction of the Bitcoin Law, which has drawn both admiration and skepticism worldwide. Amidst a cacophony of critiques ranging from allegations of human rights violations to inadequate modern infrastructure, El Salvador has stood committed, weathering storms of disapproval from traditional finance…

BitcoinApr 13

Cardano New Releases Herald Major Network Upgrade for Ecosystem

The Cardano ecosystem has welcomed new releases as optimism builds up for the upcoming Chang hard fork. This development was brought to light in Input Output Global's (IOG) most recent weekly report, which highlights developments and progress made in the Cardano ecosystem in the ongoing week. As stated in the report, Cardano lightweight wallet Lace has released v.1.10, which features updates such as a much simpler onboarding user experience that reduces the time required for wallet creation, recovery and hard wallet onboarding. Other changes include a revamped dApp-wallet interface, enhanced stacking views with sorting options, a better search and a…

AltcoinsApr 13

HashKey CEO Slams Hong Kong’s Crypto Regulations as Barriers to Global Market

HashKey CEO Livio Weng criticized Hong Kong’s recent regulations around crypto trading, expressing concerns that they may impede access for international clients. Hong Kong’s regulatory framework mandated that all crypto exchanges operating within the city must submit applications for regulatory approval by February this year. In response, 24 companies, including prominent players such as Bybit, OKX, and Crypto.com, applied for these licenses. Crypto exchanges that failed to submit license applications are required to discontinue services by May. Weng recently told the Financial Times that HashKey’s decision to launch a Bermuda-licensed exchange this week was partly due to concerns that Hong…

RegulationApr 13

The Best iOS and Android Games That Pay You BTC

Did you know that there are mobile games that pay real Bitcoin for playing? These are legit games that you can download from the iOS App Store or Android Play Store, and as you play the game and watch ads between rounds or levels, you’ll stack up satoshis (aka the smallest denomination of a Bitcoin). Granted, you’ll need to keep your expectations in check—most of these games pay out something in the ballpark of a few cents worth of Bitcoin per hour of play. Nobody’s going to get rich playing a Bitcoin-infused version of sudoku. But if you’re to play…

GameFiApr 13

Here Are 3 Crucial New Features

The upcoming Ethereum update is set to launch by the end of 2024 or early 2025. It is poised to change how we use Ethereum wallets and drastically improve the user experience. According to blockchain developer Tim Beiko and DeFiLIama developer, the cornerstone of this update is the approved EIP-3074, which will unlock several wallet functionalities, including the ability to recover lost keys. Critical features EIP-3074 that will bring to the table: 1. Batch transactions: This update will allow you to bundle multiple transactions into one. This means you can send all of your different tokens to a new address…

EthereumApr 13

Portofino Technologies joins Pyth Network as a new data provider

Portofino Technologies, a crypto startup specializing in market making, token services, and Web3 investments, has joined Pyth Network as a new data provider community, according to the info shared with Finbold on April 10. Portofino Technologies brings a unique brand of expertise to the rapidly expanding Pyth Network, offering proprietary data on cryptocurrencies, bolstering the Pyth digital asset price feed coverage, and aligning with its overarching mission of furnishing dependable, real-time access to price data for global blockchain developers. What is Portofino Technologies? Based in Switzerland, Portofino Technologies operates as a market maker with over 25 employees stationed in London…

BlockchainApr 13

Main Bitcoin Price Catalyst Just 30 Days Away

According to data provided by Nicehash, the Bitcoin halving event is just 30 days away. The much-anticipated event is expected to occur on April 12, marking yet another era for the leading blockchain. Bitcoin halving takes place once in four years to decrease the supply of newly mined coins. With the upcoming halving, Bitcoin's block reward will be reduced to just a mere 3.125 BTC. During previous halving cycles, the Bitcoin price would surge substantially a few months after the event. If history is any guide, bulls might expect the upcoming block reward reduction to be another major bullish catalyst.…

BitcoinApr 13

DeFi Resurgence? Ape Terminal Founder Hassan Hatu Sheikh Says “Yes,” It’s Happening

While meme coin mania is the narrative leading the crypto sector, the wider market, including the decentralized finance (DeFi) segment, is not too far behind, as it, too, is experiencing significant growth. If we look at the prices, the top 100 DeFi coins have reached a market capitalization of $100.59 billion, up from just over $43 billion in Oct. 2023, as per CoinGecko. The last time we were around these numbers was during the market decline of April-May 2022. Now, after almost a year and a half, the DeFi sector is finally witnessing a resurgence of interest. This can also…

DeFiApr 13