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.

Credbull's First Crypto Fund Chases High Fixed Yields

Credbull's first private credit fund is targeting returns as high as 20%, much of which is fixed yield. The product is indicative of a broader maturation in DeFi's lending sector, which has so far been limited to decentralized exchanges and stablecoin applications. Crypto startup Credbull is soon rolling out an on-chain private credit fund that aims to offer investors exposure to the high-yield lending markets exploding in popularity in traditional finance. The firm’s first product recreates private credit's core albeit on crypto rails. Investors buy in using the stablecoin USD Coin (USDC), Credbull converts that USDC to dollars via Circle…

DeFiApr 5

Pharrell, Lil Wayne to Headline Doodles NFT Animated Film

Ethereum NFT-driven property Doodles announced Thursday that it is developing an animated film called “Dullsville and the Doodleverse,” featuring contributions from prominent musicians Pharrell Williams, Dwayne “Lil Wayne” Carter, and Coi Leray. “Dullsville and the Doodleverse” is being produced internally at Golden Wolf, the veteran animation studio that Doodles acquired in January 2023, and will be directed by Doodles co-founder and illustrator Scott “Burnt Toast” Martin. Billed as a “groundbreaking animation and music experience,” the film will feature music from Williams, who was named Chief Brand Officer of Doodles back in June 2022. The project will release a soundtrack via…

NFTApr 5

SEC seeks comments on three spot Ethereum ETF filings, analysts not bullish

All eyes are on the United States Securities and Exchange Commission (SEC), which has opened a period for public feedback on three ether spot exchange-traded fund (ETF) proposals. “The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons,” the filing stated. According to notices made public on April 2, the U.S. regulator has allotted a 21-day comment period for ETH ETF proposals from Bitwise, Fidelity, and Grayscale. Specifically, the filing from Bitwise and Grayscale is looking to get listed on NYSE Arca, and Fidelity is eyeing trading on the Cboe BZX Exchange. Following…

EthereumApr 5

USA's Atlanta State FED President Announced When Interest Rate Cuts Should Begin! Here are the Details

Atlanta FED President Raphael Bostic outlined his views on the path of interest rates in an interview with CNBC on Wednesday, suggesting that interest rate cuts should not be made until the fourth quarter of 2024. Atlanta FED President Bostic Predicts Interest Rate Cuts Will Be Delayed Until the Fourth Quarter Bostic's comments diverge from the expectations of many of his colleagues at the Federal Reserve, who predicted multiple rate cuts throughout the year. Bostic emphasized a cautious approach and predicted that only a quarter point interest rate cut would be appropriate for 2024. This forecast contrasts with the more…

MarketsApr 5

JUP price goes parabolic as Solana’s Jupiter DEX volume spike

Jupiter, the biggest decentralised exchange (DEX) in Solana, is gaining market share as demand for tokens in the ecosystem rise. As a result, JUP, the network’s token, has surged to a record high of $1, which was about 130% above its lowest level this year. Its market cap has soared to over $1.2 billion. The most recent data by DeFi Llama shows that Jupiter’s Total Value Locked (TVL) has jumped to a record high of $304.8 million. Its derivatives has also soared sharply as the crypto bull run continues. Another data by CoinGecko shows that the volume of tokens traded…

AltcoinsApr 5

Binance Charity and Children of Heroes Team Up for Ukraine's War-Affected Kids

Binance Charity, the charitable arm of the world’s leading blockchain ecosystem, joins forces with the Children of Heroes Foundation in an effort to provide aid and psychological rehabilitation to children affected by the continuing conflict in Ukraine. Together, they want to host “I am Da Vinci,” a 12-day rehabilitative camp for 50 kids whose parents have sadly died in the Ukrainian war. The goal of the program is to provide a welcoming space where these kids may heal from their trauma. The camp will provide a one-of-a-kind combination of services and programs with an emphasis on mental health, adventure, community…

ExchangesApr 5

Legendary Trader Peter Brandt Spots Intriguing Reversal Pattern

Veteran trader Peter Brandt recently highlighted an intriguing pattern that is now building on the Bitcoin chart, prompting interest and discussion among traders and investors. Brandt tweeted a screenshot of the four-hour Bitcoin price chart, indicating an ascending trendline and what appears to be a head-and-shoulders pattern gradually emerging. Bitcoin $BTC pic.twitter.com/uUsqb8I5PR — Peter Brandt (@PeterLBrandt) March 22, 2024 Brandt's post caught the attention of an X user, who inquired whether it was a "head and shoulders" formation, to which Brandt replied, "Starting to shape up that way." The head and shoulders pattern is a well-known technical indicator that predicts…

BitcoinApr 5

Soil Decentralized Credit Protocol Hits $2 Million in TVL

With a number of technical novelties, Soil (SOIL) decentralized credit protocol is ready to introduce DeFi 2.0 tooling to the segment of real-world assets (RWAs). Decentralized credit platform Soil amassed $2 million in TVL Soil, a new-gen decentralized credit protocol with a focus on RWAs, shared the details of its latest accomplishment. Since its public launch on Jan. 11, 2024, it managed to reach $2 million in liquidity injected. $Soil is bridging the gap between traditional finance & #DeFi through #RWA 👀 We bring corporate debt & fixed income markets to crypto to offer a safer and higher (up to…

DeFiApr 5

Celo Foundation Partners with Rarible to Release an NFT Marketplace

The open-source, decentralized platform Celo Foundation has announced another collaboration. As per the company, it is partnering with Rarible (an aggregated NFT platform) to release the NFT marketplace named Celosphere that would focus on art. The platform shared an exclusive blog post to disclose the details of the latest project. Celo Foundation and Rarible’s Join NFT Marketplace Facilitates Creators Celo noted that RaribleX will assist it in powering the new marketplace. It added that the respective NFT platform follows the mission of the community to provide prosperity to all. Celosphere, a mobile-first Ethereum L2 blockchain network facilitates the creators. It…

NFTApr 5

Ethereum Report from JP Morgan! "This Situation May Protect ETH from Being a Security!"

While the SEC sought to qualify Ethereum as a security, JP Morgan analysts argued that Lido's declining market share could protect Ethereum from being classified as a security. According to The Block, JP Morgan analysts also noted that in addition to the declining market share of the largest liquid staking protocol Lido, Ethereum's latest Dencun update is another positive development for the ETH network and ecosystem. JP Morgan analysts led by Nikolaos Panigirtzoglou stated the following in the report: “Lido's share of Ethereum has fallen from about a third a year ago to about a quarter now. “This should reduce…

EthereumApr 5