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.

Pyth Network launches price feed data on Bitcoin layer 2 Merlin Chain

Pyth Network has officially announced the launch of its Pyth oracle network on Merlin Chain, a Bitcoin layer 2 protocol known for its ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules, according to a recent press release. With this integration, developers can access Pyth’s vast price data pool, enabling them to build powerful applications while users benefit from reliable market information directly on the Merlin Chain. Jeff, founder of BitmapTech and Merlin Chain, expressed enthusiasm for the collaboration and its role in onboarding future users. “The team is looking forward to joining hands with Pyth, a leading oracle,…

BlockchainMar 27

Ethereum Worth $541M Transferred to Coinbase: How Does ETH React?

Ethereum trading volume is up 58% in 24 hours. Daily RSI stands at 54, indicating a neutral condition. Ethereum has recently witnessed a surge in bullish activity, signaling a promising path to recovery. Over the past 24 hours, ETH witnessed a commendable 4% upswing in its price, with figures climbing from $3434 to $3657. Notably, this bullish momentum was accompanied by a significant spike in trading volume, which surged by an impressive 58%, peaking at $19 billion. However, amidst this flurry of activity, a notable transaction caught the attention of the crypto community. A substantial transfer of 150,000 ETH, equivalent…

EthereumMar 27

Meet The Woman Behind Solana Hit Meme Coin ‘Doland Tremp’

Political finance (PoliFi) meme coins from TRUMP to TREMP are deep in the red, but the woman running the show at the latter, who goes by the handle B, is still having fun. Over the last few weeks, a plethora of politician-themed meme coins have been minted on Solana and all have some resemblance to the Spoderman meme – a poorly drawn version of Spiderman on MS Paint that pays homage to Dolan, a bastardized version of Donald Duck with an attitude problem – complete with misspelled names. The PoliFi cohort is a riff on the original meme but with…

AltcoinsMar 27

Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

The U.S. Securities and Exchange Commission (SEC) is apparently asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday. The SEC’s motion for judgment and remedies, filed on Friday, remains under seal to outside parties. According to Stuart Alderoty, Ripple Labs’ chief legal officer, redacted versions of the documents will be publicly available by Tuesday, March 26. The judgment would bring an end to this phase of the multi-year legal battle between Ripple Labs and the SEC, which began in…

RegulationMar 27

Radicle 1.0 goes live, spearheading decentralized code collaboration

Radicle, the open-source, peer-to-peer (P2P) code collaboration stack, has announced the launch of Radicle 1.0, according to the information shared with Finbold on March 26. The launch marks a significant milestone in the protocol’s evolution, following its beta debut in late 2020. Radicle 1.0: A decentralized GitHub alternative Radicle 1.0 promises to revolutionize how developers share and distribute open-source code, artificial intelligence (AI) models, and research in general. Marketed as a decentralized alternative to centralized platforms like GitHub and GitLab, Radicle enhances the traditional model with its decentralized identity system, advanced gossip protocol, and integrated social artifacts, forming a self-autonomous,…

BlockchainMar 27

Ethereum Price Momentum Reignites As The Bulls Aim For $4K

Ethereum price is attempting a fresh increase above the $3,500 zone. ETH must clear the $3,680 resistance to continue higher in the near term. Ethereum is gaining pace above the $3,500 support zone. The price is trading above $3,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,560 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,680 resistance zone. Ethereum Price Eyes Steady Increase Ethereum price started a decent increase above the $3,550 resistance zone. ETH bulls were…

EthereumMar 27

Returns on $1000 Invested in Shiba Inu at $0.000026 if SHIB Hits $0.000938 and $0.00943

Shiba Inu investors could see substantial returns on their investments if they procure $1,000 worth of the asset at current prices before a surge to $0.000938 or $0.00943. The crypto market holds immense promise due to its penchant for sharp price surges. Shiba Inu has in the past leveraged this inherent volatility to make millionaires out of investors. With the asset showing promising signs in recent times, market participants have begun paying attention again. Banking on historical precedence, these investors are awaiting a repetition of the 2021 rally during this bull market as projections of lofty price targets abound. However,…

AltcoinsMar 27

The SEC and Terra (LUNA) Case Continues to Evolve – Here are the Latest Developments

The highly anticipated civil lawsuit between the U.S. Securities and Exchange Commission (SEC) and Terra (LUNA) altcoin developer Terraform Labs began today in a court in Manhattan. The courtroom was noticeably less crowded than in previous hearings, and all participants wore suits, indicating the seriousness of the case. The day began with jury selection, a process in which each side takes turns vetting potential jurors. The initial pool was comprised predominantly of women, a surprising development attributed to the court clerk's first day on the job. The final jury consists of three men and six women, mostly minorities. It was…

RegulationMar 27

Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca

Web3 gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures. The funding will be used to develop new games within the Illuvium ecosystem as the firm gears up for its second quarter 2024 gaming releases. 🤝Series A Funding Raise Closed 🎉 We’ve successfully closed our Series A funding, raising $12M from top industry firms! This allows us to expand our game offerings and build on our player experiences. We want to thank our investors: – @Arrington_Cap – @KingRiverVC…

GameFiMar 27

Bitlayer announces partnership with Polyhedra

Bitlayer has announced a partnership with Polyhedra, calling it groundbreaking as it enables both of them to set a new standard for Bitcoin L2 solutions. The objective of the partnership is to create a superior Bitcoin layer solution by utilizing Polyhedra’s innovative ZK proof method. More information about the partnership is expected to be rolled out in the coming days. Polyhedra Network has confirmed the announcement by expressing their excitement about the partnership. The team has stated that it is looking forward to working with the first Bitcoin security-equivalent L1 based on BitEVM. The Network has also said that they…

BlockchainMar 27