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.

Revolutionizing DeFi with Pendle and PWN Integration

In the ever-evolving landscape of decentralized finance (DeFi), a groundbreaking development is set to transform the market dynamics. The recent integration of the Pendle protocol with PWN heralds a significant shift towards stabilized yield generation and fixed-term peer-to-peer (P2P) lending. This partnership not only enhances capital efficiency for DeFi enthusiasts but also offers a predictable and secure investment environment. Pendle: Leading the Charge in DeFi Innovation Pendle has emerged as a frontrunner in the DeFi sector, boasting a total value locked (TVL) nearing an impressive $5 billion. The platform has played a pivotal role in advancing the Liquid Restaking narrative…

DeFiApr 12

AI Plans for New Business Venture Shared by Former Binance Boss CZ

Former boss of the cryptocurrency trading giant Binance, Changpeng Zhao (widely known as CZ) has published another update on how his new business venture is advancing towards the start. Among other things, CZ shared that he will need to implement AI tools to let his company produce its product – online lessons. yeah, will have to include many AI assisted features. — CZ 🔶 BNB (@cz_binance) April 11, 2024 CZ shares his AI plans In his tweet, Zhao wrote that his “Giggle Academy” is making progress, although “not all linear.” The team is currently busy brainstorming the best way to…

MarketsApr 12

over 93% extracted before the fourth halving

In the mining landscape, Bitcoin represents a beacon of scarcity, with over 93% of its total supply already mined, as the upcoming fourth halving approaches, which will mark a new era of decreasing rewards, the allure of digital gold as a store of value intensifies. Bitcoin mining prepares for the next halving The circulating supply of Bitcoin Conclusions: the new era of Bitcoin Bitcoin mining prepares for the next halving As the digital gold of the modern era, Bitcoin continues to fascinate the financial world with its unique characteristics and its scarcity-based model. With the passing of halving events, the…

BitcoinApr 12

Interview with Ethena Labs' Conor Ryder

Conor Ryder, Head of Research and Data at Ethena Labs, recently divulged the remarkable journey of Ethena Labs and the rapid ascent of its flagship product, USDe, in an exclusive interview with Blockster. Within a short timeframe, Ethena Labs has cemented its position as a significant player in the crypto sphere. — Drawing inspiration from Arthur Hayes' blog post "Dust on Crust" in the aftermath of the Terra/Luna collapse, the team embarked on developing USDe, a stablecoin protocol built on staked Ethereum. This innovative approach presents a fresh solution to the challenges encountered by traditional stablecoins. Fast forward to the…

DeFiApr 12

Bitcoin Startups Raised Nearly $1 Billion between 2021 And 2023: Report

Trammell Venture Partners (TVP), based in Austin, Texas, has unveiled its second annual findings from its in-depth research into the burgeoning Bitcoin-native startup and venture capital ecosystem. Despite a notable downturn in crypto venture market investments throughout 2023, TVP's research highlights a remarkable surge in the Bitcoin startup sector, particularly at the Pre-Seed stage, with a striking 360% year-over-year rise in transaction count. Contrary to the broader startup landscape experiencing a decline in exit activity to a 10-year low in 2023, Bitcoin-native startups showed resilience and growth, marking a 69.2% increase year-over-year. TVP's data revealed that these early-stage Bitcoin startups…

MarketsApr 12

Ethereum ETF Hopes Fade as SEC's Crypto Crackdown Dashes Approval Expectations

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up you Feeling bullish about a spot Ethereum ETF? Think again. According to issuers of spot Bitcoin ETFs, the U.S. Securities and Exchange Commission (SEC) is unlikely to approve a spot Ethereum exchange-traded fund (ETF) anytime soon. Ethereum, the second-largest cryptocurrency globally, has been the subject of speculation for a spot ETF approval ever since SEC Chair Gary Gensler gave the green light to 11 spot Bitcoin ETFs applications in January. Companies like…

EthereumApr 12

"Bitcoin's Bull is Over, Stronger Correction is Coming!" Here is the Date He Given!

While there is a sharp gap in Bitcoin between last week and this week, the decline in BTC continues to deepen. At this point, while BTC has fallen to $ 63,000 levels, it continues to upset investors with its volatile movements. While investors wonder whether the decline in Bitcoin will continue, CryptoQuant analyst stated that the bull phase in Bitcoin may be over. The analyst, who used the Bitcoin Net Unrealized Profit and Loss metric (NUPL) in his analysis, pointed out that this metric has experienced a very sharp increase so far. The analyst noted that this metric, along with…

BitcoinApr 12

Orbs’ dLIMIT and dTWAP protocols now on PancakeSwap’s decentralized exchange

PancakeSwap, a prominent multi-chain decentralized exchange (DEX), has integrated Orbs’ innovative dLimit and dTWAP protocols, according to information shared with Finbold on April 11. Marking a significant advancement in decentralized finance (DeFi) trading capabilities, the integration enables PancakeSwap traders to employ advanced order types, ensuring guaranteed price execution and breaking down large orders into more manageable trades. The wide application of Orbs’ solutions As the largest DEX by trading volume to embrace this technology, PancakeSwap joins a roster of leading platforms including QuickSwap, SpookySwap, and Thena, in integrating Orbs’ solutions. The move underscores both Orbs’s position as a frontrunner in…

DeFiApr 12

Azuro Raises $11M Led by SevenX Ventures and Arrington Capital

Azuro, a decentralized autonomous organization (DAO) building a protocol for blockchain-based predictions, has raised $11 million with investment from SevenX Ventures and Arrington Capital. Other participants in the funding round include Fenbushi Capital, Polymorphic Capital, Red Beard Ventures, Dewhales, and G1 Ventures. In an announcement, Azuro said the funding will be used to further accelerate ecosystem development during this critical phase of expansion and to intensify marketing efforts in the decentralized prediction market space. Funding Secured Ahead of $AZUR Token Launch Azuro has plans to drop a token, “AZUR” shortly although no timeline has been given. “This round of funding…

MarketsApr 12

Ethereum Price Trims Gains, Are Dips Still Attractive In Near Term?

Ethereum price failed to continue higher above the $3,725 resistance zone. ETH trimmed gains and now consolidates near the $3,475 support. Ethereum failed to climb higher above the $3,725 resistance level. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,510 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,420 support zone. Ethereum Price Faces Rejection Ethereum price started a decent increase above the $3,550 resistance. ETH even cleared the…

EthereumApr 12