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.

Why Did Bitcoin (BTC) Price Soar Today? Here are Analysts’ Theories

Bitcoin, the world's leading cryptocurrency, started the last week of March on a high note, with an increase of approximately 6% and reclaiming the $ 70,000 level. According to CoinMarketCap data, BTC price was last recorded at $70,701, an increase of 7.66%. Another major cryptocurrency, Ethereum, also saw a significant increase, rising 5% to $3,631. The positive trend was not limited to these two, as most other cryptocurrencies also got caught up in the Bitcoin wave. This increase follows a one-week correction for Bitcoin, which hit an all-time high of $73,797.68 on March 14. Alex Thorn, head of firmwide research…

BitcoinApr 2

Santiment Reveals Top 10 Artificial Intelligence Altcoins Developers Are Focusing On

In its latest report, cryptocurrency analysis company Santiment announced the 10 artificial intelligence altcoins that are most focused on by developers in the cryptocurrency world. Artificial intelligence altcoins had risen in line with GPU manufacturer Nvidia's stock after its shares experienced a very impressive rally in the US stock markets. Nvidia's total market capitalization is at $2.20 trillion at the time of writing, which is very close to the total market value of the entire cryptocurrency market at $2.63 trillion. Santiment analysts listed the altcoins that software developers focused on the most in the last 30 days as follows: NEAR…

AltcoinsApr 2

$10 Million Token Airdrop by KuCoin: Details Revealed

KuCoin has announced a $10 million token airdrop. This decision comes following charges by the US Department of Justice (DOJ) against the crypto exchange for alleged anti-money laundering (AML) violations. The indictment has caused a stir in the crypto community, leading to over $1 billion in withdrawals from the platform. KuCoin is now striving to mend its reputation and restore confidence among its clientele through token airdrops. KuCoin Details $10 Million Token Airdrop The recent challenges began last week when the DOJ accused KuCoin and its founders, Chun Gan and Ke Tang, of operating a multibillion-dollar criminal conspiracy. The charges…

ExchangesApr 2

Polygon spin-off Avail partners with dWallet to bring programmable Bitcoin to Web3 rollups

Avail, a modular blockchain focused on unifying Web3 and optimizing data availability for scalable applications, has partnered with dWallet Network to introduce programmable native Bitcoin to rollups in the Avail ecosystem. Polygon co-founder Anurag Arjun spun off Avail from Polygon in 2023 into a separate entity. Avail was initiated within Polygon Labs in late 2020 and publicly introduced in mid-2021. It has plans to launch its mainnet later in 2024. Leveraging dWallet’s decentralized multiparty computation (MPC) infrastructure, smart contracts using rollups built on Avail DA will be able to manage native BTC while preserving user ownership programmatically. This approach marks…

BlockchainApr 2

This Is Where We Are In The Bitcoin Cycle Based On History

How close is the current “Bitcoin cycle” to its bull market peak? History suggests it could be closer than most think. Lead Glassnode analyst James Check showcased a chart on Monday comparing Bitcoin (BTC)’s price action over the last three years to that of other Bitcoin epochs after touching their respective all-time highs. The Bitcoin Cycle Top, According To Glassnode By Check’s measure, Bitcoin is effectively in the same position it was back in December 2020. At the time, the asset had just cracked its all-time high above $19,600 originally registered on December 12, 2017 – a 36-month wait –…

BitcoinApr 2

XRP Ledger Sidechain Xahau Ships New Feature With Major Release

Xahau, the innovative XRP Ledger sidechain project, has unveiled a groundbreaking new feature with its latest major release, signaling a significant step forward in the evolution of its infrastructure. The Xahau network's mainnet version was launched in October 2023 and has since been upgraded with new features. The most recent release, Xahaud 2024.3.12-release+790, ships XLS-55d, "Remit: Atomic Multi-Asset Payments for XRPL Protocol Chains." Xahau(d) build 790 has been released shipping XLS-55 "Remit". Read more about the release here:https://t.co/0NmCCCjRL4 More about the amendment by @RichardXRPL here:https://t.co/87kqHmwMEd Oh, and..! And just like we hoped, the innovation & developments on Xahau will feed……

AltcoinsApr 2

Binance adds 3 independent members to its board

Binance quietly updated its site with three new board members on Monday. The board, which is mostly comprised of senior Binance executives, added Gabriel Abed, Xin Wang and Arnaud Ventura to the board as independent members, according to the official website. Abed also serves as the chairman of the board. He founded Bitt and previously served as the Ambassador of Barbados to the United Arab Emirates, according to a bio on the Binance website. Wang is the CEO of publicly-listed Bayview Acquisition Corporation, which is a special purpose acquisition company (SPAC). She’s also a lawyer with licenses to work in…

ExchangesApr 2

BlackRock, JPMorgan lead shift to asset tokenization on public blockchains

Big-time players such as BlackRock, JPMorgan, and an entire gamut of investors are inclined towards tokenizing assets through the incorporation of public blockchains. This is partly due to their standards of safety and upgradability. They attract much attention because of increased liquidity options and varied investment opportunities. Tokenized funds remain revolutionary in democratizing connectivity with investment options. Blockchain has expanded the market spaces by changing the size of assets from big to small. This is the era for tokenizing real estate art and many others. BlackRock engaged in tokenizing a money market fund on Ethereum. This sends a loud message…

BlockchainApr 2

Roger Ver Dismisses Adam Back’s Invitation to Return to Bitcoin, Stands Firm on BCH

Despite a public invitation to return to the Bitcoin community, early Bitcoin investor Roger Ver is sticking with Bitcoin Cash (BCH)—and says layer-2 blockchains are off the mark. Blockstream CEO and early Bitcoin developer Adam Back extended an olive branch to Ver after the latter’s book was published. In “Hijacking Bitcoin: The Hidden History of BTC,” Ver asserts that the original vision of Bitcoin has been corrupted. Ver spoke with Decrypt about the current state of Bitcoin Cash and his response to Back—and he's not going back. “The software development has been captured by a small group of insiders who…

BitcoinApr 2

$420 Million of SHIB: Here's What Is Happening

Dog-themed cryptocurrency Shiba Inu has recently witnessed a surge in the volume of large transactions, netting in almost half a billion dollars. According to IntoTheBlock data, Shiba Inu is reporting a remarkable $420.11 million in large transaction volume, estimating the total amount transacted by crypto whales on any given day. The large transaction volume for SHIB grew 39.78% in the past day, amounting to 14.36 trillion SHIB. This surge underscores the growing interest and activity surrounding the digital asset, with whales taking advantage of downturns to amass more tokens. At the time of writing, SHIB was down 1.52% in the…

AltcoinsApr 2