Making sense of crypto.
NBTCNEWS

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.

Shibarium to Become Top 5 Blockchain: Here is Why

Shiba Inu (SHIB) marketing lead Lucie has predicted that ultimately, Shibarium will rank as a top 5 blockchain. According to Lucie, no matter what happens, those who ignore Shibarium might regret the outcome later on. The content specialist said the project is bound to do well because of the passion of its community members and the readiness to help. No matter what happens, you will regret it if you ignore #Shibarium. We will become one of the top 5 blockchains because this community is unbeatable. It's full of fun, good people with great intentions and dedication to helping everyone.$BONE $SHIB…

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

Asset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on Wednesday. Earlier this week, a report from Bloomberg Intelligence said the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year. In December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators said they were ready to consider applications for spot…

Bitcoin Ready To ‘Teleport Higher’ After Pulling Head Fake, Says Real Vision Analyst Jamie Coutts

Real Vision crypto analyst Jamie Coutts says that Bitcoin (BTC) is poised to continue rallying after a temporary correction. The former Bloomberg analyst tells his 12,800 followers on the social media platform X that Bitcoin appears to have broken up a bearish flag pattern and is gearing up for a bigger move to the upside. “Bitcoin seems ready to teleport higher as it breaks the flag pattern from the head fake at the all-time highs. Blue sky (no historical overhead resistance) is an accelerant for bull markets.” The analyst says two key indicators, the funding rates and the Relative Strength…

Ether.Fi Token Debuts at $4.13 After Airdrop and Binance Launchpad Distribution

More than $12 billion staked on Binance Launchpad to receive 20 million tokens. ETHFI was trading at $4.13 with FDV at $4.1 billion. The initial circulating supply is 115.2 million tokens. ETHFI, the governance token of the largest liquid restaking protocol Ether.Fi, debuted at $4.13 after the token was distributed via an airdrop and to participants of a Binance Launchpad round. At the time of writing, ETHFI was trading at $4.10 on Binance and recorded a trading volume of over $2 million in the first five minutes of trading. The token had a fully diluted value, the market value of…

Bitcoin (BTC) Advocate Samson Mow Shifts Some Capital to Gold

Bitcoin (BTC) advocate Samson Mow has made a very important revelation as he showcased the diversification of some of his capital from the premier digital currency into Gold. Hedging Bitcoin bet with Gold Over the past few years, there has been a deep conversation and debate regarding Bitcoin and Gold supremacy. While many Bitcoin proponents have chosen between these two asset classes, Samson Mow has, until now, been silent about his views on Gold. The Bitcoin bull shared a picture of Ouro Portuguese Gold with a caption that suggests he bought some gold bars while on his way from the…

Influential Trader GCR Buys Original Dogwifhat Meme for $4M; WIF Rises

The original picture of Achi, the dog wearing a pink beanie hat, was sold for 1,210 ETH in an auction on the crypto platform Foundation, with influential trader GCR winning the bid. GCR, known for market insights and accurate predictions, has gained fame in the crypto community. Their involvement in the auction led to a 10% jump in WIF prices. The original picture that inspired Solana’s runaway hit meme coin Dogwifhat (WIF) has apparently been purchased for $4 million worth of ether (ETH) by influential trader GiganticRebirth, known as GCR in crypto circles. A picture of Achi, the dog wearing…

The WisdomTree funds will buy Bitcoin ETFs

WisdomTree is one of the companies that has issued an ETF on Bitcoin in the markets. Initially, it had launched the ETP WisdomTree Physical Bitcoin (BTCW / WBIT) available on various European exchanges: Euronext in Amsterdam and Paris, SIX in Zurich, XETRA (Deutsche Börse) in Frankfurt and others. Later on, it also launched the ETF WisdomTree Bitcoin Fund (BTCW) on the Chicago Cboe. This last one, launched in January, has so far gathered less than 80 million dollars in AUM (about 1,100 BTC), but it must also be said that the Chicago Board of Exchange is a minor exchange in…

Pudgy Penguins Surges 7.7%, Becomes the Second-Largest NFT: Report

In the fast-moving world, non-fungible tokens (NFTs) are gaining traction due to global acceptance and adoption. Pudgy Penguins is one of the top NFT collections that has created headlines over the last 24 hours with its remarkable price surge. According to Chinese reporter Colin Wu, Pudgy Penguins surged by over 7% in one day, becoming the second-largest NFT after CryptoPunk. In addition, Pudgy Penguins surpassed the leading non-fungible tokens like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). In the past 24h, Pudgy Penguins rose by more than 7%, with a market value of $454m, surpassing BAYC…

Shiba Inu Team Member Shares Big Update on SHIB Metaverse

Excitement is brewing within the SHIB community as Shiba Inu team member Lucie recently shared a significant update regarding the SHIB Metaverse. The recent update provides insights into the progress and direction of the SHIB Metaverse project, giving the community a glimpse into what lies ahead. In a tweet, Lucie shared her excitement for the next sneak peek into the Shiba Inu metaverse, hinting at major plans, of which the upcoming token TREAT will be a major part. "Can't wait for the next sneak peek. ShibTheMetaverse has huge plans, and treats for Shib are a big part of it," Lucie…

BlackRock's $9.5 Trillion May Flow Into Digital Assets, Bitcoin Expert Willy Woo Believes

Renowned crypto analyst Willy Woo has suggested that BlackRock's $9.5 trillion in assets under management could potentially migrate toward digital assets, particularly Bitcoin, as younger generations express growing confidence in cryptocurrency. Woo's comments come in the wake of recent statements by BlackRock CEO Larry Fink, who emphasized the need to engage younger investors disillusioned with conventional financial systems, particularly regarding retirement savings. Bloomberg's analysis echoes this sentiment, suggesting that Fink's interest in BTC stems from its appeal to digitally native demographics. Bitcoin's potential to attract younger investors could position BlackRock favorably, potentially leading to a sustained relationship as these investors…