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.

Trammell Venture Partners Releases 2nd Bitcoin Native Startup Research

While there is much discussion about the broader crypto venture market’s rather sharp decline in 2023, there is little discussion around the growth of the early stage bitcoin-native in the past few years. Many of these startups have been quietly building bitcoin payments infrastructure that has the potential to disrupt the global financial landscape. Today, Trammell Venture Partners, an Austin-based venture capital firm, has announced the second annual results of its proprietary research from 2021 to 2023 on the early growth of the bitcoin-native startup and venture capital ecosystem. TVP launched the venture industry’s first dedicated bitcoin-native fund series in…

MarketsApr 12

Starknet Welcomes the Arrival of the New DAI Version

Starknet, the leading decentralized finance (DeFi) platform, has announced the launch of the latest version of DAI on Starknet. This significant development brings enhanced functionality and efficiency to DAI users within the Starknet ecosystem. With the new DAI version now live, users can seamlessly transition from the previous iteration to leverage the benefits of the updated token. StarkGate, the platform’s gateway to Starknet, has successfully rolled out the updated DAI token, providing users with the opportunity to swap their existing DAI tokens for the new version. This transition opens up avenues for improved transaction speed, lower fees, and enhanced scalability,…

DeFiApr 12

Here are the New Dates and Forecasts

Following the higher-than-expected inflation data announced yesterday, many companies operating on Wall Street revised their forecasts regarding the FED's interest rate cuts. While Standard Chartered previously predicted four interest rate cuts, it now expects the FED to cut interest rates by 25 basis points twice this year. The bank also predicts that the Fed will start reducing interest rates in the third quarter of 2024, not in the second quarter as previously predicted. TD Securities also predicts that the FED will make two interest rate cuts this year and the first cut will take place in September. Wells Fargo updated…

MarketsApr 12

Here's How They Stack Up

Suddenly, crypto gaming handhelds are a thing. Last week, the Bitcoin-centric BitBoy One gaming handheld and hardware wallet was revealed—and that was followed on Wednesday by the announcement of the SuiPlay0x1, a Steam Deck-like portable PC gaming device built for crypto games on Sui and beyond. Add last year’s Solana Saga smartphone to the list—and next year’s “Chapter 2” successor—and you’ve got options if you want a portable device that plays games while also playing nice with crypto. But which is the one for you? Some of these devices aren’t out yet, so we certainly can’t give you a firm…

GameFiApr 12

$500 Million Destroyed Amid Crypto Bloodbath; End of Bull Market?

The cryptocurrency market is experiencing a significant correction that is not stopping. With over $500 million worth of positions liquidated, traders wonder if this signals the end of the recent bull market. A sharp sell-off prevails on the market, as indicated by the high number of liquidations. Within just a 24-hour window, liquidations have mounted, with Bitcoin (BTC) witnessing $107.14 million in liquidations and the total volume of liquidation exceeding $500 million. Bitcoin's price performance Bitcoin has clearly retreated from recent highs, currently sitting below the $60,000 mark. On the chart, BTC shows it has fallen below the short-term moving…

BitcoinApr 12

How to Evaluate A DeFi Platform’s Safety Before Using It

Decentralized Finance (DeFi) is a big change in the way money works. It uses blockchain to let people who aren’t banks offer financial services. DeFi lets users use many services directly, which could lead to better returns and more power over their money. But because DeFi is so new, there are a lot of risks. Safety checks and due diligence are very important. Investors can tell how safe a DeFi platform is by looking at how its tokens work, how open and dedicated its team is, how it is run by a Decentralized Autonomous Organization (DAO), and the past of…

DeFiApr 12

FED Official Williams Speaks After Today's Critical Inflation Data from the USA!

In light of the latest Producer Price Index (PPI) data in the USA, FED official John Williams made a series of statements regarding the economic outlook and the FED's future actions. While US Initial Unemployment Claims were announced as 211 thousand, it was below the expectation of 216 thousand and the previous figure of 222 thousand. Core PPI (Annual) for March was 2.4%, slightly above the expectation of 2.3% and significantly above the previous level of 2.0%. Overall US PPI (Annual) for March was 2.1%, below the expectation of 2.2% but above the previous value of 1.6%. Williams emphasized that…

MarketsApr 12

Here's How Many ‘Notcoin’ Tokens You'll Get for Your In-Game Coins

Notcoin’s planned token launch on The Open Network (TON) is just over a week away, and the team behind the viral Telegram-based game has shared some key details about how players’ earned in-game coins will be converted to on-chain tokens. Players racked up trillions upon trillions of in-game coins by tapping their phone screens, but that huge tally was sure to make trading crypto tokens a bit of a headache. The Notcoin team had previously said that it planned to knock off some zeros during the conversion process to make things more manageable once minted, and now we know how…

GameFiApr 12

Russian Police Seize More than 3,200 Rigs in Siberia Raids

Russian police have seized over 3,200 crypto mining rigs in raids on four large “illegal” data centers in Siberia. Per the Novosibirsk branch of the Russian power provider Rosseti (via RBC Crypto), police officers have charged the mining center operators with criminal charges. Illegal Crypto Mining ‘Network’ Shut Down in Novosibirsk Rosseti said the centers were operating as part of an interconnected “network.” The firm said miners ran centers located “in different parts” of the city of Novosibirsk. The power firm said it estimated the miners stole a combined total of $2.1 million worth of electricity from the Novosibirsk grid.…

MiningApr 12

$622 Million Evaporated as BTC Dropped Below $63,000! What is the reason for the decline?

While the correction that started last week in the leading cryptocurrency Bitcoin deepened further before the FED's March interest rate decision, the price fell to $ 63,000. While BTC is currently down nearly 15% from its ATH of over $73,000, many investors have liquidated due to the volatile movements in BTC. According to data from Coinglass, $622 million was liquidated in the last 24 hours. Of these liquidations, $515 million consisted of long positions and $106 million consisted of short positions. While 240,354 investors were liquidated in the last 34 hours, the largest liquidation took place in the BTC /…

BitcoinApr 12