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.

Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue

Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off. "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day in London ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said. Volatility in crypto markets continued Friday, with bitcoin (BTC) tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours. The sell-off rippled through…

BitcoinApr 5

Bella Protocol Teams Up with Manta Network to Fuel DeFi Expansion and Enhance Liquidity

In a move that heralds a new era of collaboration within the DeFi realm, Bella Protocol has inked a strategic partnership with Manta Network. This alliance is set to invigorate the Manta ecosystem, drawing on Bella’s prowess in liquidity provision to spur innovation and growth. The partnership builds on the successful integration of Bella LP Farm on Manta and the inauguration of a BellaStaking node, underscoring a commitment to harnessing the power of advanced blockchain technologies for DeFi enhancement. A Union of Innovators At the core of Bella Protocol’s mission is a relentless pursuit of cutting-edge liquidity solutions that elevate…

DeFiApr 5

Mazda Debuts Unique NFTs on Astar’s zkEVM Launch Campaign “Yoki Origins”

Astar Network has announced a groundbreaking collaboration with Mazda Motor Corporation, a global automotive leader, in its launch campaign “Yoki Origins” for Astar zkEVM. This Ethereum Layer 2 solution is powered by Polygon CDK and stands as the pioneering chain to integrate Polygon AggLayer. Mazda’s foray into the world of non-fungible tokens (NFTs) in the “Yoki Origins” campaign signifies a significant stride in the company’s digital communication and storytelling strategy. This unique NFT collection, infused with Japanese aesthetics, showcases Mazda’s iconic MX-5 MIATA, capturing the essence of a distinctive subculture. The collection consists of 10 NFTs, with two secret pieces…

NFTApr 5

Publicly-Traded Bitcoin Miner Runs on 100% Renewable Energy, Audit Confirms

Publicly-traded bitcoin mining company Gryphon Digital Mining (“Gryphon”) is currently mining bitcoin with 100% renewable energy, according to a third-party audit the company has made public. Gryphon is taking a bold step in #ESG leadership by publishing its #carbonemissions data publicly. Insight into our 100% renewable status is available here: https://t.co/1DV7bCYIp1 $GRYP #GryphonDigital pic.twitter.com/69jT2nCjWw — Gryphon Digital Mining (@GryphonMining) March 26, 2024 Gryphon Digital Mining uses CarbonChain, an organization that monitors corporate carbon emissions, to track its carbon footprint. CarbonChain’s recent report on Gryphon shows that the company has used 100% renewable energy to mine bitcoin thus far in 2024…

MiningApr 5

"The Real Rise Has Not Started!"

Bitcoin, which renewed its ATH by rising above $ 73,000 in the past weeks, dropped to $ 60,000 with the declines it experienced this week. While some analysts thought that the correction in BTC could continue to lower levels, a positive report came from Goldman Sachs. Mathew McDermott, head of digital assets at Goldman Sachs, stated that the latest rally in Bitcoin was driven by retail investors, contrary to the general opinion, and said that institutional investors have just started to turn to BTC and the real rise has not started yet. Speaking at the Digital Asset Summit (DAS) in…

BitcoinApr 5

What Is Liquid Staking? A Guide to Liquid Staking in Blockchain

Liquid staking is a major breakthrough in the blockchain ecosystem as it addresses the liquidity challenges experienced in the conventional staking systems. While traditional staking entails locking my assets for a set duration to secure the network and claim the rewards, liquid staking is an innovative process that enables users to stake their resources while retaining their liquidity. The guide seeks to provide a broad perspective of the liquid staking concept. It includes its mechanics, implications, leading providers and its potential future in the blockchain sector. Understanding Liquid Staking Liquid staking, as its name suggests, refers to the process of…

DeFiApr 5

Justin Bieber’s past comes back to haunt amid Diddy, Hillsong, and NFT issues

Justin Bieber is back in the news for all the wrong reasons. As his fans have bid farewell to his boyish charm and begrudgingly accepted his 30-year age, they are also realizing that Bieber has made very adult mistakes. These include promoting a $1,600 NFT collection that now trades below a $150 floor. Videos of Bieber have caught the public’s attention this week, specifically those that show that he spent significant one-on-one time with Sean ‘Diddy’ Combs when he was a youngster. Video evidence of their interactions ignited his fanbase over concerns of potential sexual abuse and couple of weeks…

NFTApr 5

Shiba Inu Enthusiast Unveils SHIB’s Competitive Edge on Road to $0.01

Crypto expert Lola outlines 15 compelling reasons investors should believe in Shiba Inu’s future potential. Speculations arise as Shiba Inu aims to reach the coveted $0.01 price level, igniting investor optimism. Shiba Inu’s deflationary model, vibrant community, and interoperability bolster its competitive stance in the crypto market. Amid burgeoning optimism surrounding Shiba Inu (SHIB), crypto expert Lola has enumerated 15 compelling factors underpinning investor confidence in the burgeoning token. My personal opinion why i believe on #SHIB Forgive my writing , spelling or grammar . i am not a good writer and i didn't use AI for this. 1.Hongkong is…

AltcoinsApr 5

Bitcoin, Ethereum options worth $2.6b expire; investors show caution

Bitcoin and Ethereum options worth early $2.6 billion in notional value expired today amid a broader market pullback. According to Greeks.live, 25,000 BTC options expired, showcasing a Put Call Ratio of 0.56. The ratio indicates a higher interest in call options than puts, suggesting optimism among a segment of investors. The Max Pain point stood at $67,000 with a notional value of $1.7 billion. Similarly, 250,000 ETH options expired, with a Put Call Ratio of 0.51 and a Maxpain point of $3,500, amounting to a notional value of $890 million. The Max Pain point represents the strike price at which…

BitcoinApr 5

Bitcoin ecosystem DEX MerlinSwap raises $480 million in its token sale

Decentralized exchange (DEX) MerlinSwap raised $480 million in its Initial DEX Offering (IDO) from over 52,000 participants, according to an April 5 announcement. This significant fundraising comes as MerlinSwap establishes itself as the top DEX in the Bitcoin ecosystem with more than $100 million in Total Value Locked (TVL) and $70 million in transaction volume. MerlinSwap utilizes a new automated market maker (AMM) model, backed by Merlin Chain and iZUMi Finance’s technical support, and the team behind the protocol says it offers more secure and efficient trading. Moreover, MerlinSwap introduces the DEX-as-a-Service function to Bitcoin decentralized finance (DeFi) ecosystem, in…

DeFiApr 5