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 Ordinals Driving ‘Renaissance’ in BTC Activity: Franklin Templeton

Over the last year, Bitcoin Ordinals have taken the digital collectible world by storm, and they’ve now garnered the attention of financial titan Franklin Templeton. The digital assets division of the global investment firm today featured the rise of Ordinal inscriptions in a new prospectus. “In the past year, Bitcoin innovation and development has seen a renaissance in activity,” Franklin Templeton Digital Assets wrote. “Positive momentum in innovations is primarily driven through Bitcoin NFTs, known as Ordinals, new fungible token starts such as BRC-20 and Runes, Bitcoin Layer 2s, and other Bitcoin DeFi primitives.” The firm recapped the acceleration in…

NFTApr 4

US leads in enthusiasm for AI tokens, reveals CoinGecko report

The US shows the most interest in the AI-related tokens narrative in 2024, capturing almost 19% share of global interest. According to CoinGecko’s “15 Countries Leading AI Crypto Narrative in 2024” report, the UK comes second with a 9% stake in interest, followed by Türkiye at 6.5%. The report also highlights that those countries spearheaded the meme coin frenzy in 2023. India, Australia, Canada, and the Philippines have also been consistent in their crypto narrative leadership, mirroring their positions from the meme coin trend. Their responsiveness to market narratives is evident in their rankings. In Southeast Asia, the AI-themed tokens…

AltcoinsApr 4

Nigeria 'Working With' Interpol to Extradite Binance Exec Who Escaped Detention: Report

Nigeria's federal government is "working with" the International Criminal Police Organization (Interpol) with a view to extraditing a Binance executive who escaped detention in the country, according to reports in local media. According to a government source quoted in local publication Punch, Nigeria's Economic Financial Crimes Commission (EFCC) is "partnering" with INTERPOL, the FBI and the British and Kenyan governments to secure Anjarwalla's arrest and extradition. A second unnamed source stated that the extradition aimed to bring Anjarwalla back to Nigeria to "answer to his money laundering case in court," after the executive escaped detention and fled the country last…

RegulationApr 4

Bitcoin is ‘winning,’ compared to S&P 500, MicroStrategy’s Michael Saylor says: Others disagree

Prominent Bitcoin (BTC) advocate and MicroStrategy Inc. chair Michael Saylor shared a chart on Saturday, March 23 comparing Bitcoin’s performance with traditional assets like the S&P 500, Nasdaq, gold, silver, and bonds. Saylor took it as an opportunity to assert Bitcoin’s supremacy in the investment landscape. According to the chart, Bitcoin has grown 432% in that time, compared to 56% for the S&P 500 and 50% for Nasdaq. Conversely, silver and bonds have performed dismally, losing 13% and 19% of their value, respectively, while gold registered a modest 7% gain. #Bitcoin is Winning. pic.twitter.com/3ESQRHKEDa — Michael Saylor⚡️ (@saylor) March 23,…

BitcoinApr 4

Dusk price drops 5% as network plans to launch ERC-20 Dusk staking

Dusk price has corrected 5%, which is a possible buying opportunity for investors. On March 15, the L1 blockchain will launch ERC-20 DUSK staking for ITN2. DUSK token holders should brace for volatility on Friday as staking profitability is a major price driver. Dusk (DUSK) price is in a load-shedding exercise after a 62% climb beginning March 6. Coming at the same time as when the crypto market is dumping, led by Bitcoin (BTC) price, DUSK token holders appear to be de-risking ahead of the Friday launch. Also Read: Bitcoin price provides buying opportunity amid revelations that Craig Wright is…

AltcoinsApr 4

Bank of England sets out conditions for 'digital sandbox'

LONDON, April 3 (Reuters) - Britain's financial regulators on Wednesday launched a public consultation on their new "sandbox" for trading digital securities in "real world situations" to keep up with rapid advances in technology. A "sandbox" allows the testing of new services in the market with real customers, but within a controlled regulatory environment. The Bank of England and Financial Conduct Authority said in joint proposal, opens new tab that within the sandbox, existing financial rules would be modified to enable companies to try out new technology, such as distributed ledger technology or blockchain that underpins cryptoassets, for trading and…

RegulationApr 4

ETFs Have Introduced Different Dynamics To The Bitcoin Market – Analyst

Glassnode crypto analyst Marcin Miłosierny has highlighted the evolving dynamics of the Bitcoin market in the developing bull cycle. According to Miłosierny, the entrance of ETFs is impacting the Bitcoin market significantly with a potential adjustment to the historical effect of Bitcoin halving. In a recently posted analysis, the crypto analyst noted that the significant buying power of ETFs will overshadow the traditional supply squeeze effect expected from the halving. Miłosierny believes the ETF-induced dynamics demand a response from traders. He thinks Bitcoin traders need to balance the historical impact of halvings with the contemporary ETFs’ influence on BTC availability…

BitcoinApr 4

Elon Musk’s Dogecoin Boost Sparks Price Surge: What’s Next?

Elon Musk’s mention of accepting Dogecoin for Tesla purchases sparked a surge in DOGE price and trading. Analyst Andrew Kang predicts a 50% increase in Dogecoin’s market cap post-Musk’s remarks. Dogecoin’s market cap stands at $26.66 billion, with potential to reach $40 billion soon. In an unexpected twist, the value of Dogecoin (DOGE) has surged following remarks made by Elon Musk during the recent Tesla Giga Event in Berlin. The renowned billionaire hinted at the possibility of integrating Dogecoin as a payment method for Tesla vehicles, causing ripples in the cryptocurrency market and driving DOGE to unprecedented levels. Shortly after…

AltcoinsApr 4

Coinbase Top Lawyer Reacts as SEC Delivers Crucial Statement for Markets

Coinbase's Chief Legal Officer, Paul Grewal, has reacted to recent remarks made by SEC Commissioner Hester M. Peirce at the "SEC Speaks" event. The annual two-day "SEC Speaks" event began Tuesday, providing clues into the Securities and Exchange Commission's priorities for the year. "SEC Speaks" is a forum where the SEC provides guidance to the legal community on rules, regulations, enforcement actions and lawsuits. The event allows the SEC to get its main messages across, and this year's key subject is "disclosure." SEC Chair Gary Gensler, commissioners and other key personnel are giving remarks during the event. "Crypto Mom" Heister…

RegulationApr 4

Bitcoin Price Aims Key Upside Break As Dips Turn Attractive

Bitcoin price is again attempting an upside break above $68,000 resistance zone. BTC could rally if it clears $67,500 and $68,000 in the near term. Bitcoin price started a decent increase above the $65,000 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $65,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $68,000 resistance zone to start a fresh rally. Bitcoin Price Turns Green Bitcoin price remained supported above the $64,000 resistance zone. BTC climbed…

BitcoinApr 4