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.

Kusama Comments on Burning 1 Trillion Shiba Inu

Shytoshi Kusama explains why he cannot burn more Shiba Inu (SHIB) like Floki Inu developers have recently done. The team behind the Shiba Inu project has been making significant efforts to reduce the circulating supply of its ecosystem tokens, especially SHIB. On March 9, it incinerated 13.4 billion SHIB as part of the ongoing Shibarium-powered burn. In addition, the team also burned other ecosystem tokens, including BONE and LEASH. SHIB Fan Wants More Burns Like Floki Inu, Kusama Responds Despite the massive SHIB burn, some community members still believe that the Shiba Inu ecosystem team is lagging behind its rival,…

AltcoinsApr 9

USM brings in technologies by Vitalik Buterin for open metaverse

As per Vitalik Buterin, one of the persons responsible for Ethereum, for an open metaverse, the requirement is to bring together multiple factors, akin to how RACA is building with USM. There is an amalgamation of separate technologies to offer individualistic exposure to the community. Lately, Buterin has been airing his views regarding the path businesses take regarding the metaverse. In his opinion, the initial plan behind the expansion of virtual reality has deviated. As with Buterin, the RACA ecosystem, too, has been encouraging an open and community-developed metaverse that helps expand Web3 and unleashes users’ total creativeness and inventiveness,…

MetaverseApr 9

Bitcoin Price Crash Explained by Galaxy Digital's Jason Urban

In recent weeks, the cryptocurrency community has witnessed Bitcoin’s thrilling ascent to new all-time highs, only to see it retreat below the $63,000 mark. According to data from TradingView, although the Bitcoin price got as high as $73,794 on crypto exchange Bitstamp on March 14, it fell to as low as $61,447 yesterday. This rollercoaster has left many investors and enthusiasts seeking clarity on the forces at play in such dramatic price movements. Enter Jason Urban, the global head of trading at Galaxy Digital, who appeared on CNBC’s “Crypto World” on March 19 to explain what is happening in the…

BitcoinApr 9

Ethereum Surges 8% as Alameda Transfers $14.75 Million in ETH to Coinbase

Ethereum’s recent 8% surge has ignited the crypto ecosystem, marking its largest increase in over a month. This jump is linked to speculation about potential US exchange-traded funds (ETFs) for Ethereum, fueling intense discussion among crypto community members. On Monday, Ethereum outperformed major crypto assets such as Bitcoin. Is Alameda Research Planning to Sell $14.75 Million in Ethereum? As of writing, Ethereum’s price stands at $3,680. It boasts a 62% year-to-date gain, closely tailing Bitcoin’s 68% rise. Recently, proponents of the spot Ethereum ETFs have reportedly engaged with the US Securities and Exchange Commission (SEC), signaling a shift in the…

EthereumApr 9

Bank of Japan May Abandon Yield Curve Control, Stage Set for XRP Adoption?

The Bank of Japan (BOJ) is considering abandoning yield curve control. This shift signals potential impact on crypto adoption. Japan’s XRP plans intersect with BOJ’s evolving monetary policies. In a groundbreaking move, the Bank of Japan (BOJ) is reportedly mulling over the termination of its yield curve control program. This could signal potential shifts in the country’s financial landscape. As speculations mount, the BOJ may replace this program by announcing the volume of government bonds it intends to purchase, marking a notable departure from its traditional approach. This causes a buzz among the XRP Army. 🚨 BREAKING: Bank of Japan…

AltcoinsApr 9

How to Verify Bitcoin on Cash App

When it comes to discussing digital currencies, Bitcoin has become incredibly popular among investors. And at the same time, the platforms that allow you to transact Bitcoin. Such a platform is Cash App. Cash App, a popular payment app, lets you buy, sell, and hold Bitcoin. Verifying your Bitcoin on Cash App is crucial for secure and legitimate transactions. That’s why, in this guide, we’ll walk you through the steps to verify your Bitcoin on Cash App, making sure your transactions are safe and smooth. What Does It Mean to Verify Bitcoin on Cash App? In general, verifying Bitcoin on…

BitcoinApr 9

OpenSea Adds Support for 'Off the Grid' GUNZ Blockchain on Avalanche

Gunzilla Games, the game studio behind upcoming first-person battle royale shooter Off the Grid, has announced the integration of its GUNZ blockchain platform with the prominent NFT marketplace OpenSea. This move will allow players to trade in-game items from any game created on the GUNZ blockchain, which is built on an Avalanche subnet. OpenSea will support the GUNZ network, including in-game items for Off the Grid and any other future games deployed on the Avalanche-based chain. The marketplace will let traders buy and sell such assets with the chain’s own GUN token. "Our vision has always been to empower players…

NFTApr 9

Will Ethereum Continue to Rise Against Bitcoin? How Will ETH ETFs Affect the Price? CoinShares Analyst Explained!

While Bitcoin, the leading cryptocurrency, exceeded $ 72,000 again with the rise it experienced yesterday, Ethereum performed better compared to BTC. While BTC dropped to $ 70,000 in the last 24 hours, ETH price continued its rise and rose above the $ 3,600 level. While it is thought that Ethereum co-founder Vitalik Buterin's speech at a festival held in Hong Kong was effective in this rise of Ethereum, ETH evaluation came from CoinShares analyst Luke Nolan. Speaking to The Block, Luke Nolan stated that the tokenized fund launched by BlackRock, the world's largest asset management company, on Ethereum last month…

EthereumApr 9

Cardano’s Real World Adoption: UAE Embraces the Blockchain

The United Arab Emirates (UAE), one of the richest countries in the world, has embraced Cardano to secure its criminal investigations. In a recent update shared by Chris O, the founder of the Cardano GhostFund DAO, UAE’s decision to adopt Cardano represents the blockchain’s “massive real-world adoption.” #Cardano fam, massive real world adoption update by @Cardano_CF! One of the wealthiest nations in the world, UAE is employing @Cardano to secure its Criminal investigations! The Dubai Police presented at the World Police Summit in Dubai a Cardano based pilot project. The… pic.twitter.com/zjzXOJZCcM — Chris O (@TheOCcryptobro) March 10, 2024 At the…

AltcoinsApr 9

Core Scientific CEO Discusses Bitcoin Halving’s Impact on Mining

Bitcoin halving, a critical event for the network and the cryptocurrency market, particularly impacts the mining sector by reducing the Bitcoin reward by half. This fourth halving, anticipated to occur around April 19, will cut the block reward from 6.25 to 3.125 BTC. This programmed adjustment occurs every four years and follows the pattern set since the first halving in 2012. It is designed to control inflation and mimic the scarcity of traditional resources. In an interview with Cryptonews.com, Adam Sullivan, President and CEO of Core Scientific, discusses the challenges and opportunities this halving presents. Core Scientific is one of…

MiningApr 9