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.

China Expands Digital Yuan Accessibility Through Hardware Wallet Integration

The Qingdao branch of the Bank of China (BOC) has rolled out a new payment option for Qingdao’s metro transit system through digital yuan hardware wallets. According to the local news outlet Dazhong, this initiative introduces a “deferred payment” system that allows travelers to use the public transit service first and pay later with the hardware wallet featured enabled on users’ smartphones. Developed under the guidance of the BOC Currency Research Institute and in partnership with China Telecom, China Unicom, and Digital Finance Public Service, users can complete payments without access to internet or even power via BOC’s, Telecom’s, or…

MarketsApr 1

Solana surpasses Ethereum L2 solutions, SOL co-founder reacts

Solana has outperformed Ethereum and other Ethereum Virtual Machine (EVM)-based Layer-2 solutions in terms of 24-hour transaction volume, reaching a total of $3.654 billion against Ethereum’s $2.397 billion. The news seemingly piqued the interest of SOL co-founder Anatoly Yakovenko who responded via social media. SOL’s latest achievement places it at the forefront of blockchain transactions, even surpassing the combined efforts of other significant networks such as Arbitrum, Avalanche, Polygon, and Optimism, according to data provided by DefiLlama. When combined volume of all the centralized exchanges as well? https://t.co/EvCX37qMgZ — toly 🇺🇸 (@aeyakovenko) March 17, 2024 Yakovenko also acknowledged the platform’s…

AltcoinsApr 1

the NFT game by Binance dedicated to Bitcoin's halving

As a sign of celebration of the upcoming Bitcoin halving, the cryptocurrency exchange Binance has launched the NFT game “Word of the day” (WOTD) inviting its users to participate to try to win a share of the 500,000 Binance Points up for grabs. The game, only available to registered customers on the exchange platform, will last until March 31st and will offer new episodes every day to try to win exclusive prizes, redeemable at the end of the event in the “Rewards Hubs” section. Let’s see all the details below. Binance launches the NFT game WOTD and challenges its users…

BitcoinApr 1

Thai Crypto Exchange Bitkub Plans 2025 IPO: Bloomberg

Bitkub Capital, the owner of crypto exchange Bitkub Online, plans to sell shares to the public next year. The IPO is expected to value the exchange at about 6 billion baht ($165 million), CEO Jirayut Srupsrisopa told Bloomberg. The owner of Thai crypto exchange Bitkub Online plans to sell shares to the public next year and is in the process of hiring financial advisers, Bitkub Capital Group CEO Jirayut Srupsrisopa told Bloomberg. Thailand's biggest crypto exchange provides about 80% of the Bangkok-based parent's profit and is 9.2% owned by Asphere Innovations. The initial public offering (IPO) is expected to value…

MarketsApr 1

Crypto of the week: Near Protocol ($NEAR)

Near Protocol price staged a strong comeback on Sunday, becoming one of the best-performing cryptocurrencies of the day. The token surged to a high of $8.5 as it neared the year-to-date high of $9. It has soared by over 285% from its lowest point this year. Near Protocol will be the cryptocurrency to watch this week because of what will be happening in the US. Nvidia, the third-biggest company in the world, will host its flagship event of the year, which I wrote on here. The GTC event will bring together the biggest companies in the world. A closer look…

AltcoinsApr 1

Bitcoin: The Entropy Engine

Introduction Names can be both liberating and confining. When mankind gives something a name, we mark it with a label that helps us discuss our shared environment and experience. At the same time, a label can obscure something in preconceived notions. Labels can make it more difficult for us collectively to understand what something is. In 2008, a pseudonymous inventor named Satoshi Nakamoto released a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”1. The paper outlines a novel distributed network system, called Bitcoin, that acts as an immutable digital ledger. There are many ways to describe what the fundamental…

BitcoinApr 1

Bitcoin leads over $800 million global crypto ETP market rebound, overshadowing Ethereum outflows

Last week, the digital asset market witnessed a significant influx of over $800 million, spearheaded by Bitcoin’s dominance, according to the weekly flow report shared by CoinShares‘ head of research James Butterfill. This surge marks a swift rebound following the near $1 billion outflow observed in the previous week. Bitcoin, US see significant inflows. Bitcoin experienced a substantial $865 million net flow, propelled by inflows into newly introduced exchange-traded funds in the United States. The trio of BlackRock IBIT, Fidelity FBTC, and Ark 21 Shares ARKB collectively attracted $1.53 billion in inflows. In comparison, outflows from Grayscale’s GBTC continue apace,…

MarketsApr 1

32 Altcoins Have Massive Token Unlocks in the New Week! Here is the Day by Day, Hour by Hour List

After an extremely volatile week in the cryptocurrency market, another active week will await investors, especially shaped by the FED's interest rate decision on Wednesday. There will also be large amounts of token unlocks during the busy week. Here is the token lock opening calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated in UTC+3 Türkiye time) Near (NEAR) Market Value: $8.57 billion Amount of Tokens Unlocked: $2.06 million (0.02% of Market Cap) Token Lock Opening Date: 18 March 2024, 03:00 Lido DAO (LDO) Market Value: $2.44 billion Amount of Tokens Unlocked: $21.50 million (0.89%…

AltcoinsApr 1

The Analyst Who is Successful in Finding Rises and Falls Announces His Next Bitcoin Target!

Leading cryptocurrency Bitcoin surged back above $70,000 last night, triggering a broader rise in the market. At this point, while some analysts started to make bullish predictions again, Markus Thielen, CEO of 10x Research, which was successful in finding the bottoms, said that the downward trend in Bitcoin turned into an upward trend and that Bitcoin could break out of consolidation and reach new records. Sharing some signs that the decline in BTC has reversed, Thielen stated that the reversal indicators point to an upward trend and that the upward trend will continue as long as Bitcoin is not traded…

BitcoinApr 1

Surprising Ethereum Long-Term Indicator for Price Emerges as ETH Dips

As Ethereum's price experiences a temporary dip, a notable trend has emerged, indicating potential long-term implications for the cryptocurrency's value. Rising whale transactions, particularly among large Ethereum holders, have sparked interest among analysts and investors as a potential indicator of Ethereum's future price trajectory. In recent weeks, Ethereum's blockchain has witnessed a surge in whale transactions, which are large transfers of ETH carried out by entities holding significant amounts of the cryptocurrency and are often greater than $100,000. The rising number of whale transactions on Ethereum's blockchain is being viewed by some analysts as an indicator of the cryptocurrency's long-term…

EthereumApr 1