Making sense of crypto.
NBTCNEWS

Author: 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.

Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity Limps

The dollar value of the mean onchain transfers on the Bitcoin blockchain remain well below the 2021 peak, data tracked by Glassnode show. That's a sign of investors holding on to their coin stash in anticipation of higher prices, analysts at Blockware Solutions said. Bitcoin's (BTC) price recently rose to new record highs above $70,000. Still, the real economic activity on the Bitcoin blockchain is limping along, not sprinting. The divergence partly represents strong holding sentiment in the market, according to one research firm. "Average on-chain transfer volume (USD Denominated) is well below the 2021 bull market peak. Hardly any…

Here’s Shiba Inu Price if It Equals Dogecoin’s Market Cap

Shiba Inu (SHIB) could surge above the $0.00004 price territory if its market capitalization rises to the same level as the current market valuation of Dogecoin (DOGE). Shiba Inu met its goal to dethrone Dogecoin as the largest memecoin in the market during the 2021 bull run. Data from CoinMarketCap suggests that SHIB hit a market cap of $37.8 billion in October 2021, towering over DOGE, whose market cap at the time stood at $32 billion. However, Shiba Inu’s market valuation collapsed when it slumped from the $0.00008845 all-time high. The crypto asset continued to shed off more of its…

Shibarium Explorer Receives New Exciting Update

Shibariumscan, the blockchain explorer to the Shiba Inu layer-2 network Shibarium, has received a new exciting update from Blockscout to bolster usability. Shibarium remains at the forefront of attention amid sustained adoption growth. Notably, Shibariumscan, the network’s block explorer, has been instrumental in facilitating transparency on the blockchain’s metrics. Despite the explorer’s existing robustness, Blockscout announced in the latest development that it has added a new exciting feature to Shibariumscan to further bolster transparency. For the uninitiated, Blockscout is an open-source blockchain explorer and analytics platform for Ethereum-based networks. It allows users to search and explore transactions, addresses, and smart…

Top US TV Station Mentions Shiba Inu Partner Token

KUTV, a top television station based in Utah, United States, highlighted the launch of Shiba Inu’s partner token KNINE. Popular American TV station KUTV mentioned Shiba Inu’s partner, K9 Finance DAO, in the recent episode of “Eye On Your Money.” Shiba Inu Makes Big News Through Its Partner Specifically, Cristina Flores, who anchored the program, noted that Shiba Inu has been making strides in the crypto market by partnering with K9 Finance to introduce tech innovation to the project. “Cryptocurrency meme coin Shiba Inu has also been making big news. Shiba Inu has officially partnered with K9 FInance, which brings…

Ethereum Game 'Hytopia' Nears Beta Launch After $8 Million Node Sale

Hytopia, a Minecraft-like sandbox game previously known as NFT Worlds, is set to roll out a closed beta test this month after raising millions of dollars through a node sale for its Ethereum layer-2 network, Hychain. The Hychain sale raised 2,098 ETH in March, or more than $8 million worth at the time, as users purchased nodes that help secure the Arbitrum-based gaming network and also allow them to earn TOPIA tokens in the process. In total, 250 million TOPIA—about $17.5 million worth at present—will be doled out to node operators, along with a 25% share of transaction fees. The…

Somnia Unveils Revolutionary Metaverse Blockchain Designed for Millions

The Virtual Society Foundation (VSF) has marked a significant milestone in the evolution of the Metaverse with the introduction of the Somnia project. This groundbreaking initiative features an L1 blockchain and a suite of omnichain protocols aimed at unifying the fragmented Metaverse landscape to support experiences for millions of users. The current blockchain infrastructure falls short of supporting millions of transactions with the required speed and affordability to sustain a virtual society. The Metaverse has long been disjointed, posing challenges for users and creators to collaborate effectively. Consequently, the majority of the accrued value has been channeled towards the Metaverse…

Shiba Inu Outperforms Floki Inu and Bonk in This Mertic

Shiba Inu ranks as the third meme coin with the most social interaction, outperforming other assets like Floki Inu and Bonk. Despite the massive bloodbath across the broader crypto market, meme-based cryptocurrencies have shown resilience in terms of social activity. Shiba Inu Ranks Third in Social Interaction Leaderboard Amid the ongoing market onslaught, Shiba Inu ranks among the top three meme-based cryptocurrencies by social interactions. According to data from Lunar Crush, a renowned social intelligence platform, Shiba Inu is the third meme coin with the most social interactions. It's so far been a day of consolidation across crypto markets but…

TRALA LAB Partners with zkSync to Pioneer Next-Gen Gaming Experience

TRALA LAB is gearing up to shake things up in the gaming world with its latest commitment to zkSync, a cutting-edge technology set to revolutionize the industry. A subsidiary of Joycity, TRALA LAB has made a name for itself with hit games like ‘Gunship Battle’ and ‘Freestyle’, and now it's ready to take things to the next level. — Teaming up with Matter Labs, TRALA LAB plans to harness its technical expertise to bring a whole new range of AAA games to zkSync. This collaboration isn't just about making games; it's about driving innovation and tackling the big issues facing…

Are Bitcoin ETFs Over? Top Expert Doesn’t Think So

Nate Geraci, an authoritative voice in the ETF industry, recently took to X (formerly Twitter) to push back against some rather premature claims of the downfall of Bitcoin exchange-traded funds (ETFs). Despite a recent outflow of roughly $850 million, Geraci believes that the game is far from over. The analyst pointed to the insanely successful launch of these ETFs, which have managed to attract roughly $50 billion worth of assets under management. Furthermore, Geraci stressed that Registered Investment Advisors (RIAs) and brokerage platforms are yet to even approve Bitcoin ETF for use, which means that there is a lot of…

This Is the Only Altcoin That Survived the Crypto Market Crash

Solana (SOL) is the only one of the top 10 altcoins by market capitalization whose price has increased in the past 24 hours. Top 10 rivals like Ethereum and XRP reported significant losses, while Bitcoin shed 7% of its value in the past 24 hours. SOL has increased by 2.94% to $174.38 in the past day, continuing the bullish trend, which has seen its value soar by 55% over the past month. Why SOL Has Been on a Recent Tear Solana’s price is up an astonishing 21% in the past week and 724.6% higher than a year ago. SOL’s performance…