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.

'Rich Dad Poor Dad' Author Kiyosaki Predicts $100,000 BTC by September

Prominent author Robert Kiyosaki, famous for his "Rich Dad, Poor Dad" book, recently took to social media to share his bullish stance on Bitcoin, signaling his intent to increase his holdings before April. Kiyosaki emphasized the significance of the upcoming Bitcoin halving event, as a driving factor behind his decision. He urged followers to consider investing in cryptocurrency, even if they couldn't afford a whole coin, suggesting fractional purchases through Bitcoin ETFs or just accumulating Satoshi units. Kiyosaki's optimism isn't unfounded; he foresees a potential surge in Bitcoin's value, projecting it to reach an impressive $100,000 by September 2024. His…

BitcoinApr 3

XRP Ledger Foundation Welcomes Three New Validators As it Restructures its UNL

The XRP Ledger Foundation (XRPLF) has welcomed three new validators to its published Unique Node List (UNL). The XRPLF team announced the new additions via a Thursday statement on its official X account. While welcoming the three new validators, the foundation delisted three existing ones due to subpar performance. Accordingly, the XRPL ecosystem retains a UNL validator size of 35. We are happy to announce the inclusion of three new validators on our published unl. Read more at https://t.co/I7QEE2CnDA. We have also removed three validators from our list, keeping the overall size at 35. — XRP Ledger Foundation (Official) (@XRPLF)…

AltcoinsApr 3

Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase

Spot bitcoin ETFs recorded their first week of net outflows. Outflows from the Grayscale Bitcoin Trust reached $1.83 billion over 4 days, Coinbase noted. Selling pressure may have come from the bankruptcy estate of Genesis Global, the report said. The cryptocurrency market remains fixated on spot bitcoin (BTC) exchange-traded fund (ETF) flows rather than fundamentals, as the recently approved products saw their first week of net outflows in two months, Coinbase (COIN) said in a research report on Friday. Coinbase noted that net outflows amounted to $836 million between March 18 and March 21. Bitcoin slipped below $63,000 last week…

BitcoinApr 3

Origin Protocol’s OGN and OGV Tokens Will Be Merged to Improve Ethereum Liquid Staking

Origin Protocol token holders have voted to merge the protocol’s lesser known token Origin DeFi Governance “OGV” with its native decentralized finance (DeFi) Ethereum token OGN. The OGN protocol is backed by Reddit co-founder and VC investor Alexis Ohanian, Taiwanese-born American YouTube co-founder Steve Chen, and Y Combinator president Garry Tan. In an announcement, Origin Protocol said the move to integrate the tokens will improve Ethereum liquid staking. This allows anyone to share in the rewards of staking without having to maintain complex staking infrastructure. “The proposal aims to unify Origin Protocol under a single token,” Matt Liu, co-founder of…

DeFiApr 3

Scottish Mortgage Trust beats QQQ and Cathie Wood’s ARKK ETF

Scottish Mortgage Investment Trust (LON: SMT) share price had a strong performance in the first quarter as the technology boom continued. The SMT stock jumped by almost 14% in Q1 while the Invesco QQQ, which tracks the Nasdaq 100 index, rose by 10.40%. Cathie Wood’s Ark Innovation Fund (ARKK) retreated by over 5% during the quarter. ARKK vs Scottish Mortgage vs ARKK Still, the Scottish Mortgage Trust has underperformed the Invesco QQQ ETF in the past 12 months and five years. It has risen by 40% in the past 12 months compared to QQQ’s 48%. The fund has beaten ARKK…

MarketsApr 3

Whale Suddenly Unloads 86 Million DOGE, Sending Dogecoin Price into Freefall

In a surprising turn of events, Whale Alert, a tracking service, has uncovered a significant transaction involving meme-inspired cryptocurrency Dogecoin (DOGE). An unidentified whale swiftly unloaded a staggering 86 million DOGE, valued at approximately $14.12 million, to prominent U.S.-based broker Robinhood. This unexpected move has sent ripples through the DOGE market, particularly impacting the price of the coin. The sender, identified only by the address "DF8j," has a history of large-scale transfers, making this latest transaction somewhat consistent with previous actions. Despite the massive sell-off, there remains four million DOGE, worth around $645,242, in the whale's wallet. 🚨 86,000,000 #DOGE…

AltcoinsApr 3

Critics claim ‘buggy’ Bitcoin Lightning Network is slowly dying

Bitcoin’s Lightning Network was supposed to be the key to scaling Bitcoin adoption globally. Its proponents touted cheaper and faster transactions plus an emergent social graph for a new Bitcoin economy. Seemingly magical demonstrations by influencers like Jack Mallers heralded a fulfillment of Bitcoin’s promise of peer-to-peer electronic cash. With transaction fees so cheap and transactions so instantaneous, Bitcoiners started buying coffee and groceries over the Lightning Network. The idea was simple: sign a simple smart contract and transact endlessly via ‘bar tab’-type paper contracts, rather than paying an on-chain transaction fee every time. Unfortunately, Lightning usage started to stall…

BitcoinApr 3

This DEX Just Launched the First Decentralized Crypto ETF

CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF) ever, consisting of ten digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto fund, the Bull Run dETF, offers investors access to a diversified digital asset portfolio while ensuring the processes remain decentralized and secure. The First DeFi Crypto ETF Ever CrowdSwap’sCrowdSwap’s Bull Run dETF also consists of Polygon (Matic), Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Fetch AI (FET), ChainGPT (CGPT), and its native token CROWD. While BTC and ETH comprise 35% of the fund, large-cap altcoins like MATIC, AVAX,…

DeFiApr 3

Here's how much $100 invested returned in a lifetime

While $100 might not initially seem like much, its potential for growth turns out to be substantial, particularly when you consider the returns it can generate over time. Let’s delve into a hypothetical scenario: imagine your parents or someone you know invested $100 in a particular asset or commodity back in 1970, a period spanning 54 years, which is well within the average human lifespan. We’ll start with the worst-case scenario: if your parents simply held onto the $100 bill for most of their lives, its value would grow to $956. However, its purchasing power would significantly diminish over time…

MarketsApr 3

Hut8 Mining CEO says Bitcoin's coming halving will be on a 'different scale'

Hut 8 Mining CEO Asher Genoot said the coming Bitcoin halving will be on a “different scale” in terms of impact on the mining industry. Genoot said during an interview with Bloomberg on April 2 that large scale miners must become “low-cost operators” to ensure they can survive the turbulent market conditions post-halving. He said: “My belief is to be a successful large scale miner in this ecosystem, you just have to be a low cost operator.” Genoot added that this is a core part of Hut8’s strategy as evidenced by strong balance sheet with a substantial Bitcoin reserve of…

MiningApr 3