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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.

“This Asset Could Take Over The Spotlight As Bitcoin Stalls”

Cryptocurrency research firm Wolfe Research suggests that gold could potentially outperform Bitcoin as the Bitcoin price hovers around $70,000. Both of these assets have traded in sync over the past month, hitting new records even as the U.S. stock market continues to trade near its highest levels. According to analysts, Bitcoin's trading patterns mirror its own 2021 movements, where it rose to new all-time highs twice before experiencing a significant pullback. “Bitcoin has historically traded more like a ‘risk asset,’ often finding a home for excess liquidity for the retail investor,” said Rob Ginsberg, managing director at Wolfe. Ginsberg is…

Bitcoin

ETHFI price goes vertical as Ether.fi’s restaking assets rises

Ether.fi (ETHFI) token price has gone parabolic in the past few days. The token surged to an all-time high of $6.80, much higher than its all-time low of $0.23. This surge has brought its total market cap to over $708 million, according to CoinMarketCap. Ether.fi has had a remarkable growth rate in the past few weeks, making it one of the fastest-growing platforms in the crypto industry. Data compiled by DeFi Llama shows that the network has grown its total value locked (TVL) has jumped to over $3.17 billion. It has over 847k ETH in its ecosystem. Ether.fi total value…

Ethereum

Polygon Gets Position among Most Transformative Firms in Fast Company’s List

Polygon, an Ethereum-based L2, provides scaling technologies to speed up transfers and ease congestion. Recently, Fast Company (a prominent business media platform) has included Polygon among its exclusive list of the most transformative entities around the world in 2024. While expressing gratitude for this, Polygon took to its official X account and thanked its builders. We’re grateful to be named among @FastCompany's most transformative companies across the globe in 2024. Thank you to our entire ecosystem of builders! The future is aggregated.https://t.co/qACrtaOVrb pic.twitter.com/DsgBQsmibd — Polygon | Aggregated (@0xPolygon) March 19, 2024 Fast Company’s New List Includes Polygon among the Top…

Altcoins

Nakamoto Games Unleashes Triple Game Release, Initiates Development Marathon

Nakamoto Games announces three major game releases, igniting excitement in the gaming community. Galactic Grail, Dawn of the Damned, and DUO are set to revolutionize the gaming experience. Nakamoto Games leads innovation in Web3 Gaming with triple game launch. In an electrifying announcement, Nakamoto Games is set to debut three major releases in the coming weeks, marking a significant stride in their journey within the gaming industry. The excitement begins with the highly anticipated launch of Galactic Grail, an AAA Collectible Card Game, slated for release on April 1st, promising to redefine the genre with its innovative gameplay and immersive…

GameFi

ZetaChain Launches Alchemy Pay’s Ramp Solution for Widespread Crypto Accessibility

In a move set to revolutionize the crypto landscape, Alchemy Pay and ZetaChain have joined forces to introduce seamless Ramp integration. This move marks a significant milestone for the world of blockchain technology. The partnership aims to enhance the overall user experience for crypto enthusiasts worldwide. Alchemy Pay announced this integration on its X account today. Earlier, Alchemy Pay announced partnership with Polyhedra Network. We are thrilled to partner with the omnichain @zetablockchain for seamless Ramp integration! Its token $ZETA, is now accessible via #AlchemyPay's Fiat On-Ramp, and the #ZetaHub allows direct purchases using fiat payments: https://t.co/HExk1FFIaXhttps://t.co/tjf6CObEiP$ACH pic.twitter.com/5HZfkje93M — Alchemy…

Blockchain

Gensler has ‘sown confusion’ over Ether as security debate — GOP lawmakers

Two GOP-led House committees seek to demand clarity from the Securities and Exchange Commission (SEC), specifically chair Gary Gensler’s position on Ether (ETH) as a security. The House Financial Services Committee head, Rep. Patrick McHenry, and House Agriculture Committee Rep. Glenn “GT” Thompson released a press statement to query Gensler over the regulator’s overdue stance on Ethereum. These actions came after Prometheum announced last February that it would begin offering custodial services to institutional clients for Ether. Prometheum will work on this offering through its subsidiary, Prometheum Capital, despite the SEC and CFTC recognizing ETH as a non-security digital asset.…

Ethereum

Turkey’s Misyon Bank Taps Taurus for Digital Asset Custody and Tokenization Services

Turkey’s Misyon Bank has announced its partnership with Swiss firm Taurus to leverage its digital asset custody and tokenization technology. The neobank, established just a year ago, aims to position Turkey as a regional center of excellence for custody services and tokenization, according to a report from local media outlet BThaber. Taurus is a renowned player in the digital asset space with clients like Credit Agricole, Credit Suisse, and Deutsche Bank (the latter two being investors). Misyon Bank Can Now Offer Digital Custody Services The collaboration enables Misyon Bank to offer digital custody services to a diverse range of institutions,…

Markets

Poised to Enter Top 10

Toncoin has surged past its peers amidst a market downturn, showcasing the potential for entering the top 10 tokens. TON’s market capitalization now exceeds $13 billion with a trading price of $3.90. Metrics analysis reinforces positive sentiments, suggesting continued growth prospects for Toncoin. Toncoin (TON) has emerged as a standout performer, surpassing its counterparts in a remarkable surge. The cryptocurrency’s meteoric rise in value has garnered considerable attention, hinting at its imminent ascension into the coveted ranks of the top 10 tokens. Recent data reveals Toncoin’s exceptional growth trajectory, outshining other leading cryptocurrencies over a 24-hour period. With a current…

Altcoins

SubQuery Empowers Bitcoin Layer 2 Development on BVM Network

In a significant development, SubQuery, a leading player in the blockchain data indexing space, announced that it will support developers developing on the Bitcoin Virtual Machine (BVM) network. BVM is an innovative modular Layer 2 (L2) metaprotocol. Moreover, it simplifies Bitcoin L2 blockchain creation for coders. Earlier, SubQuery announced support for Stargaze to elevate the NFT trading experience for their users. We're supporting another Bitcoin project 🔥 Say hello to @BVMnetwork – the modular L2 metaprotocol making waves in the Bitcoin ecosystem! 🛠️ Let’s innovate the #Bitcoin network together! 🤝 Read the full announcement 👇 https://t.co/HsOxacMMeF pic.twitter.com/TqclwkChT8 — SubQuery (@SubQueryNetwork)…

Blockchain

Fidelity takes another step toward spot ether ETF, but hurdles likely remain

Fidelity Investments is moving forward with its spot ether ETF proposal despite uncertainty around the near-term approval of such funds. It became clear the financial services giant was looking to launch an ETH ETF in November, when Cboe — the exchange on which the product would trade — filed a 19b-4 form on behalf of Fidelity. Now, the company filed a registration statement — known as a Form S-1 — Wednesday, marking another step in its bid to get the Fidelity Ethereum Fund approved. Read more: Coinbase met with SEC over spot Ethereum ETFs The Securities and Exchange Commission would…

Ethereum