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.

$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

Crypto Exchange Listing and Delisting Announcements: April 1, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. MEXC Listings: Wormhole (W) Lampapuy (LPP) Tesla Meme (TSLA) Ducky City (DCM) Nubcat (NUB) Rex (REX) Gram (GRAM) Mfercoin (MFER) MTMS Netw0rk (MTMS) Aquarius Loan (ARS) Oraichain (ORAI) Any Inu (AINU) DiCaprio (CHEERZ) Nettensor (NAO) Emerald (EMRLD) Bella Doge (BOG) Sariel (SARIEL) Meow Of Meme (MEOWMEME) Boba Cat (PSPS) zkSwap Finance (ZF) Trippy Labs (SHROOM) Dor Technologies (DOR) Robot AI (BOTAI) LOOPY (LOOPY) Boge (BOGE) Ctomorrow Platform (CTP) Ethena Labs (ENA) Ketta (KETTA) StrikeX (STRX) LinqAI…

ExchangesApr 2

Fhenix partners with EigenLayer to develop FHE coprocessors

Fhenix, an Ethereum layer-2 platform that wants to bring fully homomorphic encryption (FHE) to smart contracts, revealed that it will be working with EigenLayer to develop FHE coprocessors. A coprocessor is an additional processor designed to perform specialized tasks in an often more efficient way than a central processing unit. An example of this in the industry today is zero-knowledge (zk) coprocessors, which are used to scale zk rollup computations off-chain. FHE coprocessors are similar, though their specific focus would be to enable computing over encrypted data without having to decrypt the information first. FHE coprocessors will ensure that sensitive,…

BlockchainApr 2

Expert Asserts Shiba Inu Will Be First Memecoin to Hit $100B Market Cap

Crypto investor JAKE Gagain has reiterated his conviction that Shiba Inu will be the first meme coin to attain a $100 billion market cap. Gagain reestablished this assertion in a recent post on X following Shiba Inu’s latest run, which saw the asset soar past the $20 billion market cap to become the 10th largest asset. Despite SHIB’s latest drop from this high, Gagain remains confident of its potential. $SHIB Will Be The First 100 Billion MC Memecoin. pic.twitter.com/YogeSb2E7q — JAKE (@JakeGagain) March 15, 2024 Shiba Inu Becoming First Meme to Hit $100B Gagain’s new statement built upon his earlier…

AltcoinsApr 2

Crypto.com to Launch New App in South Korea on April 29

Crypto.com is expanding its global presence by launching its app in South Korea, slated for April 29. Following regulatory approvals, Crypto.com officially announced that its app will launch in South Korea, granting retail customers access to trade over 150 cryptocurrencies and explore exclusive non-fungible token (NFT) projects. https://t.co/vCNztATkNg App is going live in South Korea on 29 April Retail users will soon have access to 150+ cryptocurrencies securely and reliably Register your interest here: https://t.co/MN6tlRL3Qg More details: https://t.co/ZJ2JtO1Hc0 pic.twitter.com/xNSnuRgMS2 — Crypto.com (@cryptocom) April 2, 2024 What Crypto.com App Will Offer in South Korea With the app’s debut in the country,…

ExchangesApr 2

JTO token price spikes as Jito closes the gap with Marinade Finance

Jito (JTO) token price continued its upward trend on Saturday as Solana jumped to a high of $200. The coin soared to a high of $3.90, its highest point since December 9th. It has soared by more than 150% from its lowest point this year, giving it a market cap of over $300 million. Jito, a leading player in the liquid staking industry, is slowly catching up to Marinade Finance. Data in its website shows that investors have deposited 8.9 million Solana tokens in the ecosystem. At the current price, Jito has over $1.7 billion in assets. More than 89k…

AltcoinsApr 2

Deribit Secures Conditional Dubai VASP License, Names Luuk Strijers CEO

Deribit FZE, the Dubai-based arm of Deribit Group, a firm in the cryptocurrency derivative options market, has announced the acquisition of a conditional Virtual Asset Service Provider (VASP) license from Dubai's Virtual Asset Regulatory Authority (VARA). This license, covering both spot and derivatives trading, remains non-operational until Deribit fulfills all remaining conditions and localized requirements outlined by VARA. As part of its strategic moves, Deribit is in the process of relocating its global headquarters to Dubai. The appointment of Luuk Strijers as the Chief Executive Officer, along with the addition of two Non-Executive Directors, marks significant leadership changes within the…

ExchangesApr 2

Bitcoin Price Reclaims $70K And Signals Fresh Surge To $75K

Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term. Bitcoin price remained in a positive zone above the $66,500 level. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $71,200 resistance zone. Bitcoin Price Restarts Increase Bitcoin price remained stable above the $65,000 resistance zone.…

BitcoinApr 2

Introduces ‘Manta Restaking Paradigm’

Manta Network, a prominent multi-modular forum dealing with zero-knowledge applications, has made a significant announcement. As the company said, it is introducing Manta Restaking Paradigm to deal with Liquid Restake Tokens (LRTs) for the optimization of yield generation and capital efficiency. With the respective development, consumers can create a bridge between their weETH tokens and Manta Pacific. Manta Network’s Unique ‘Manta Restaking Paradigm’ Intends to Boost User Confidence In this way, they can take part in the network’s Restaking Paradigm. With this, the users can get extra rewards along with using LRT coins in Renew Paradigm. The rewards dealing with…

AltcoinsApr 2

Binance Made Large Sales in This Altcoin It Invested In! How Did the Price React?

Binance Labs, the venture capital arm of Binance, the world's largest cryptocurrency exchange, has invested in many cryptocurrency projects to date. While these projects include the altcoin named Stepn (GMT), Binance Labs started selling GMT. According to Spot on Chain's post, Binance Labs address (0x2e…e6c2) transferred 9.33 million GMT (worth $3.14 million) to Binance today. Binance Labs currently has 9 million GMT left. “Wallet 0x2e5 (presumably Binance Labs) deposited 9.33 million GMT ($3.14 million) to Binance 9 hours ago. Binance Labs, a strategic investor in Stepn, allegedly deposited 37.1 million GMT into Binance since July 2023 at $0.24, followed by…

ExchangesApr 2