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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.

Hong Kong Regulator Boosts HashKey’s License, Expanding Retail Crypto Services

Hong Kong’s Securities and Futures Commission (SFC) granted an expanded license to HashKey Capital. This upgrade enables HashKey to offer its services to retail investors, removing the prior restriction that limited its clientele to professional investors only, the firm said Thursday. This regulatory approval signifies a potential pathway for HashKey Capital to introduce virtual asset investment products to retail investors. However, such offerings remain contingent upon obtaining the necessary product approvals from the SFC. “This development not only demonstrates our leadership in the industry but also opens up exciting opportunities for retail investors to access our fund products and participate…

Exchanges

Whales Go on Huge ETH Buying Spree as Price Falls

According to data shared by the @lookonchain analytics account, two wallets purchased massive amounts of Ethereum on centralized exchanges a few hours ago and then made large purchases over the last three days. One of these wallets is suspected to belong to Jihan Wu’s company. In the meantime, while these whales have been grabbing Ethereum to add to their stashes, another massive wallet has made a huge ETH sale on Binance today. Whales scooping up massive ETH chunks Lookonchain reported that two whales had accumulated big Ethereum chunks. One of them, the source believes, may be Matrixport – the blockchain…

Ethereum

Bitcoin mining difficulty rises 4% just days before halving event

Bitcoin mining difficulty increased by 4% during the past day, reaching a high of 86.39 trillion hashes on April 10. This uptick is consistent with the ongoing trend witnessed since the beginning of the year, highlighting the mounting computational challenges miners face on the leading digital asset network. The increasing difficulty has occurred amid BTC’s rapid rise to more than $70,000 thanks to the bullish momentum fueled by spot exchange-traded funds and the impending halving event. Mining difficulty Bitcoin’s mining difficulty adjusts approximately every two weeks after completing 2,016 blocks. This critical process evaluates whether miners’ activities have resulted in…

Mining

Bitcoin Meme Coin PUPS Hits All-Time High, NFT Sales Soar Ahead of Halving

PUPS, a meme coin project on the Bitcoin blockchain, has skyrocketed in value. Its price has been increasing by 1,075% for the past seven days. CoinGecko data indicates PUPS is currently trading at $45.40. This level is just below its new all-time high of $47.44, reached during the early Asian market session. PUPS NFT Sales Explode with 6,948% Increase The surge in PUPS activity extends to its BRC-20 NFT collection. Sales have skyrocketed by 6,948% over the past seven days. Furthermore, data places PUPS BRC-20 NFTs in second place in sales volume over the last week, reaching $18.4 million from…

NFT

Lussa Integrates with Enjin Ecosystem to Redefine Blockchain Gaming

Lussa, the avant-garde gaming platform amalgamating eSports tournaments and cutting-edge payment solutions, is setting its sights on revolutionizing the blockchain gaming landscape through its recent integration with the Enjin ecosystem. Zlatko Stjepanovic, CEO of Lussa, voiced his enthusiasm for this partnership, highlighting Enjin Blockchain’s innovative capabilities as a pivotal tool in redefining the boundaries of blockchain gaming. Stjepanovic added, “We are excited to embark on a transformative journey with the Enjin ecosystem, leveraging their trailblazing blockchain platform for our game, LUSSA. Enjin Blockchain’s cutting-edge technology offers a robust and flexible foundation that aligns with our ambition to redefine the boundaries…

GameFi

OKX Unveils European Expansion Plan with Okcoin Rebrand

In a strategic move to bolster its European presence, Okcoin Europe Ltd. has rebranded to OKX and appointed Erald Ghoos as the new Europe General Manager. As part of this rebranding, OKX aims to unify its brand worldwide. OKX is one of the biggest crypto exchange globally trusted with over 50 million users worldwide,. The company has been operating in Europe since 2021, holding a crypto service provider registration with De Nederlandsche Bank (DNB) and a virtual financial asset service provider license in Malta. As part of its expansion plans, OKX is currently beta testing its platform in the Netherlands,…

Exchanges

Will Price Surge to $4,400?

Recently, crypto whales are aggressively accumulating Ethereum (ETH) despite the looming uncertainty of ETF approvals. On-chain analytical platforms Lookonchain and Spot On Chain have highlighted significant Ethereum acquisitions by prominent wallets. This reflects a bullish sentiment among these major investors. Will Ethereum’s Price Surge 22%? Lookonchain reported a significant transaction where a crypto whale wallet, 0xACc, withdrew 22,251 Ethereum from centralized exchanges, valued at roughly $80 million. This wallet withdrew 33,925 ETH, totaling around $122 million over three days. Concurrently, Spot On Chain revealed another whale wallet, 0x435, that withdrew 3,092 ETH, worth $11.13 million, from Binance. In the past…

Ethereum

A Deep Dive Into Bitcoin Miners' Strategies During The Halving

The Bitcoin halving event is pivotal in the cryptocurrency world, impacting miners' strategies and the entire network's dynamics. As the rewards for mining new blocks are slashed in half, miners must adapt their approaches to maintain profitability and network stability. In this article, we delve into the various strategies employed by Bitcoin miners during the halving event. What is Bitcoin halving? The Bitcoin halving occurs approximately every four years, reducing the block rewards miners receive by 50%. This mechanism is programmed into the Bitcoin protocol to control the coin's supply and maintain its scarcity over time. With each halving, the…

Mining

the most famous works of art become NFTs

In honor of the launch of the new project 10101.art, visitors will be able to see artworks by Picasso, Dalì, and Banksy, as well as become owners of some paintings in NFT format. Picasso, Dalì and Banksy as NFTs: 10101.art wants to make art accessible to everyone Picasso, Dalì and Banksy as NFTs: 10101.art leverages blockchain technology Banksy’s debut of “Turf War” in NFT format Picasso, Dalì and Banksy as NFTs: 10101.art wants to make art accessible to everyone On April 15, at the Monada Gallery of the Ritz-Carlton in Dubai, there will be the launch of 10101.art: the new…

NFT

How Saga Origins Aims to Shake Up Crypto Gaming

Layer-1 blockchain Saga announced back in March that it was launching an in-house video game publishing division called Saga Origins. Now with the mainnet and SAGA token live, we have a clearer sense of what to expect from the upstart publisher. Saga CEO and co-founder Rebecca Liao set out the vision for the publishing arm in a recent interview with Decrypt’s GG, claiming that it is looking to publish games that are “provocative, expansive, [and] uncompromising.” This is a divergence from the typical approach in the Web3 industry, with many crypto games focused on inoffensive and often family-friendly experiences. Even…

GameFi