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.

New Zealand Crypto Policy Should Support Industry, Minister for Commerce Says

New Zealand should regulate the crypto sector in a way that supports the growth of the industry, Minister of Commerce Andrew Bayly said. An inquiry by a lawmaker committee found the country's "wait and see" approach to regulating crypto means it could miss out on benefits from industry developments. New Zealand should support crypto industry growth and take an evidence-based approach to regulating the sector, Minister for Commerce Andrew Bayly said in a government response to an inquiry by a lawmaker committee. The response, which needs cabinet approval, addresses recommendations made by the Finance and Expenditure Committee in a report…

RegulationApr 10

Gala's Mirandus RPG set to revolutionize Blockchain gaming

Gala’s Mirandus is an inventive fantasy RPG that will restructure the limitations related to blockchain gaming and will be introduced soon. The team in Chile has been involved in its expansion and is all set to be released. This signifies Gala’s commitment to adopting the potential of blockchain technology within the field of entertainment. The team in Santiago combines experts from multiple fields who have recently been responsible for various unique games. Their combined experience has been instrumental in bringing forth titles, including Fortnite, DC Legends, Zed Run, Rock of Ages 3, Teris, and many others. The setting is surreal;…

GameFiApr 10

Creso announces integrating Ankr’s RPC

Creso has announced its plans to integrate Ankr’s RPC. The objective is to enhance its performance and reliability. Ankr brings its robust infrastructure and a Multi Chain Compatible RPC provider to the table. Members of the ecosystem will gain access to a faster and more secure transaction. Creso is further planning to gain access to RPC requests for the deployment of smart contracts, retrieval of data networks, and execution of transactions. Creso has confirmed this development by sharing the post on X. Members of both communities have expressed their optimism about the development, especially for the respective native tokens. They…

BlockchainApr 10

Schiff Strikes Back at Michael Saylor Over MicroStrategy's $623 Million Bitcoin Buy

In the latest twist in the ongoing saga between crypto enthusiasts and skeptics, MicroStrategy CEO Michael Saylor's announcement of a new Bitcoin purchase has sparked a heated debate, with renowned gold advocate Peter Schiff leading the charge against the move. Saylor took to social media to reveal that MicroStrategy had acquired an additional 9,245 BTC, amounting to approximately $623 million. This acquisition, financed through convertible notes and surplus cash, brings MicroStrategy's total Bitcoin holdings to a staggering 214,246 BTC, acquired at an average price of $35,160 per BTC. However, Peter Schiff wasted no time in criticizing Saylor's strategy, citing Bitcoin's…

BitcoinApr 10

Pundit Says Ripple Selling XRP and Repurchasing It Is Not Manipulation

The debate around Ripple’s XRP sales and its impact on XRP’s market value has remained a heated topic in the crypto community. Allegations of deliberate price manipulation by Ripple reached a new height recently following the disclosure of how Ripple leveraged various bots services to orchestrate its routine XRP sales. However, some commentators, such as X user Sherrie, disagreed that Ripple’s actions were manipulative. In a recent thread, Sherrie delved into the nuanced difference between manipulation and causation. A 🧵 to understanding ‘manipulation’ versus ‘causation’ If you’re interested in the facts then read on as it pertains to XRP. *Important:…

AltcoinsApr 10

Crypto trading concentration a 'considerable concern', EU watchdog says

LONDON, April 10 (Reuters) - The high concentration in crypto trading on a handful of exchanges, with Binance alone accounting for about half the market, raises concerns about the impact of a failure on the sector, the EU's securities watchdog said on Wednesday. The bloc is rolling out the world's first comprehensive set of rules to regulate trading in cryptoassets such as bitcoin , Ether and Tether, requiring exchanges to be authorised. The European Securities and Markets Authority's detailed analysi opens new tab of what's being traded and by whom found that so far the euro currency plays only a…

RegulationApr 10

Farmsent Joins peaqosystem to Revolutionize Global Food Supply Chains

Farmsent, the transformational platform that seeks to overhaul the global food supply chain, has finally joined the peaqosystem. With a focus on connecting farmers directly with consumers, Farmsent is reshaping the access to food by prioritizing transparency. In addition to this, it boosts farmers’ profits, and gives them control over their products and sales channels. Welcome to the peaqosystem, @Farmsent_io 🧑‍🌾🚜 Farmsent is a #DePIN re-imagining the global food supply chain by connecting farmers directly with consumers 🌾 With over 160,000 farmers already leveraging Farmsent in Indonesia and Colombia, Farmsent is building natively on peaq… pic.twitter.com/Jat86GWkAj — peaq (@peaqnetwork) April…

BlockchainApr 10

Bitwise CIO Announces the Great Support He Expects for Spot Bitcoin ETFs! "In Just a Few Weeks…"

Undoubtedly, one of the most important events of 2024, the SEC's approval of spot Bitcoin ETFs, brought about a new ATH in the BTC price. Because the strong demand for ETFs allowed the BTC price to exceed the previous ATH of $ 69,000 and reach the new ATH. Although the BTC price has currently experienced a significant correction due to outflows in spot Bitcoin ETFs, analysts think that the strong demand and inflows into spot Bitcoin ETFs will continue throughout the year. Speaking at the Digital Asset Conference in London, Bitwise CIO Matt Hougan made new statements about spot Bitcoin…

BitcoinApr 10

Uniswap Community Rejects Critical Vote: UNI Token Declines!

On March 9th, the cryptocurrency Uniswap (UNI) drew attention from investors due to a decline in its price despite positive momentum in the general market. The Uniswap community initiated a voting proposal on March 3, 2024, aiming to change the role of the Uniswap V3 Factory owner in determining fees. The rejection of the UNI V3 Fees proposal highlights the complex dynamics of decentralized governance within the Uniswap ecosystem. In a vote in the Uniswap community, the rejection of the proposal led to a deep drop in the UNI token price: Details! The Voting in the Uniswap Community Was Rejected…

AltcoinsApr 10

Circle's Dante Disparte on Crypto Regulation and Combatting Illicit Financing

On April 9, during an appearance on Bloomberg TV, Dante Disparte, the Head of Global Policy at Circle, shared his insights on the Biden administration’s approach to managing the potential risks associated with cryptocurrency, particularly focusing on stablecoins and the broader implications for illicit financing. During his conversation with Bloomberg Crypto co-hosts Sonali Basak and Tim Stenovec, Disparte highlighted several critical points relevant to the cryptocurrency industry, regulatory landscape, and national security concerns. Addressing Congressional Inaction Disparte expressed frustration over what he perceives as congressional inaction in the face of the Biden administration’s proactive steps toward understanding and regulating the…

RegulationApr 10