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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.

Ethereum’s dip under $3.4k could signal steeper drop

An analyst predicts a further Ethereum price retrace below $3,000 due to thin support levels, as the asset declined 6% in 24 hours. On April 2, the second-largest digital token, Ethereum (ETH), traded below $3,300 for the first since early March following a broad downturn in crypto markets. The total crypto market cap lost 4.4% of its value and fell to $2.6 trillion on April 2, per CoinGecko. According to analyst Ali Charts, ETH’s correction beyond the $3,460 level may be problematic for crypto bulls targeting higher prices. The researcher cited IntoTheBlock data indicating support levels the token may consolidate…

Ethereum

The Game' Goes Bigger for Season 2—Can It Sustain the Hype?

The first season of Crypto: The Game was a viral, “Survivor”-inspired phenomenon that had players around the world competing in online and IRL challenges for a chance to win a prize pool of $115,000 worth of Ethereum (ETH). And everything is apparently bigger the second time around. Tickets to play in season 2 of Crypto: The Game are available today for a season with more players, big industry sponsors, and new on-chain game mechanics—and it’s all happening on Ethereum scaling network Base. But with everything kicked up a couple notches, can the new season recreate the same viral magic that…

GameFi

MEXC Exchange Lists GRAM Token Opening Doors to TON Blockchain Investors

MEXC, one of the world's largest cryptocurrency exchanges, has announced the listing of the GRAM token from the TON ecosystem. GRAM is often referred to as the "Bitcoin for Telegram" within the community, and its price has skyrocketed by 28,000 times since its launch in January. The spot trading pair GRAM/USDT is now available on MEXC, following rumors of the listing circulating in the project's Telegram channel. Users have noticed significant transfers of GRAM, with over a million tokens being sent to wallets on MEXC and OKX, another major cryptocurrency exchange. With a daily trading volume exceeding $2 billion and…

Exchanges

Animoca Brands Japan facilitates overseas Web3 projects' expansion into Japan

Animoca Brands Japan, a subsidiary of the global blockchain and gaming company Animoca Brands, has announced its full-scale support for expanding overseas Web3 projects into the Japanese market. This strategic move underscores the increasing significance of Japan in the global Web3 ecosystem and aims to foster innovation and collaboration within the country’s burgeoning blockchain sector. The initiative by Animoca Brands Japan seeks to provide comprehensive assistance to overseas Web3 projects seeking to establish a presence in Japan. This support encompasses various aspects, including regulatory compliance, market entry strategies, localization efforts, and partnership facilitation. It is challenging for foreign businesses and…

Blockchain

Samson Mow Makes Bold Bitcoin ETF Prediction for This Week As BTC Tops $70,000

Samson Mow, Jan3 chief executive and a vocal believer that Bitcoin will ultimately reach the $1 million level, has made a bullish prediction regarding spot Bitcoin ETFs for this week. Mow's bullish ETF prediction Exchange-traded funds based on the spot Bitcoin price were approved by the SEC regulator in the middle of January after many months of anticipation by the companies that launched those funds and the whole global Bitcoin community. Since the trading began, ETFs started scooping up monstrous amounts of Bitcoin from the market. On peak days, these purchases went as high as more than 10,000 BTC. The…

Bitcoin

118.4 Million DOGE Sent to Robinhood, Community Makes Wildest Guess

Renowned cryptocurrency tracking platform Whale Alert, which traces large crypto transactions and shares their details on the X social media app (formerly widely known as Twitter) has announced that more than a hundred million Dogecoin has been deposited to a popular investment platform Robinhood. On Friday, a slightly smaller amount of DOGE was moved to the same platform, according to the aforementioned tracker, which makes it approximately 200 million DOGE sent to Robinhood within the last two days. 200 million DOGE deposited to Robinhood, Elon Musk suspected Tweets published by the tracker show two massive amounts of crypto that were…

Altcoins

This Is When the FTX Bankruptcy Estate Aims to Repay Investors

The FTX bankruptcy saga, which has ensnared over a million investors, may soon see a ray of hope. The estate’s goal is to kick off reimbursements by late 2024. This plan emerged from a recent gathering of FTX Digital’s Joint Official Liquidators in the Bahamas. They are navigating through a dual bankruptcy process in the United States and the Bahamas. FTX Aligns Bankruptcy, Liquidation for Creditor Ease The unraveling of FTX, prompted by the financial misdeeds of co-founder Sam Bankman-Fried, left many in despair. Yet, the bankruptcy proceedings, involving Chapter 11 in Delaware and official liquidation in the Bahamas, are…

Exchanges

Bitcoin Miners Monthly Revenue Hit Record $2 Billion

Bitcoin mining businesses generated their highest-ever monthly revenue in March, raking in over $2 billion in block rewards and transaction fees. This shatters the previous record of $1.74 billion set back in May 2021. JUST IN: #Bitcoin Miners hit a record $2 billion in monthly revenue, highest ever. Halving coming in hot in 2 weeks 🙌 — Bitcoin Magazine (@BitcoinMagazine) April 2, 2024 Of the $2 billion earned last month, around $85 million came from transaction fees, while $1.93 billion was from the block subsidy. (Miners receive compensation both for validating transactions and minting new bitcoins.) The block subsidy, paid…

Mining

D’CENT Wallet Enhances Astar Network Support with zkEVM Integration

D’CENT Wallet, a leading cryptocurrency wallet, has announced a significant expansion of its support for the Astar Network. With the integration of zkEVM technology, D’CENT Wallet now offers comprehensive asset management for users within the Astar ecosystem. The latest development will improve the wallet and provide multiple benefits to its users. D’CENT Wallet’s Enhanced Features for Astar Network Management The recent update from D’CENT Wallet introduces several key features for managing assets on the Astar Network. First of all, users can securely store, send, and receive $ASTR tokens directly within their D’CENT Wallet. It means that there will be no…

Blockchain

Bitcoin Price Surges Back Above $70,000 With Halving 25 Days Away

With the Bitcoin halving less than 25 days away, the number-one cryptocurrency is nearing its all-time high again, breaking $70,000 again after a week-long downturn. According to CoinGecko, Bitcoin is trading at $70,561, up 9% in the last 24 hours and 5.5% over the last seven days. The last time Bitcoin was above $70,000 was March 14 before the digital asset began to slide and subsequently went on a wild ride consisting of ETF outflows, cryptocurrency exchange flash crashes, and inflation. Earlier this month, Bitcoin dropped 3% on news that the U.S. inflation rate in February was worse than expected.…

Bitcoin