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.

What is the Ethereum Pectra Upgrade

Ethereum, a pioneer in blockchain technology, continues to innovate and improve. With each upgrade, the Ethereum network evolves, addressing challenges and expanding its capabilities. The upcoming Ethereum Pectra upgrade promises significant improvements to scalability, efficiency, and functionality. One of the primary focuses of the Ethereum Pectra upgrade is the adjustment of validator stakes. Currently, Ethereum validators face constraints due to the effective balance cap set at 32 ETH. This limitation not only complicates operations for large-scale staking endeavors but also hampers the accrual of rewards on balances exceeding this threshold. For entities managing numerous validators, such as exchanges like Coinbase,…

Altcoins That Developers Have Focused On The Most In The Last 1 Month Have Been Revealed: Here is the List

Cryptocurrency analysis company Santiment announced in its statement the 10 altcoins that developers focused on the most in the last 30 days. Santiment created this analysis based on Github activities. The team stated that it did not include duplicate and spammy entries that altcoin developers could add on Github to its analysis. Here are the altcoins and developer scores that developers focus on the most, according to Santiment data: Chainlink (LINK) – 451.23 Cardano (ADA) – 444.7 Status (SNT) – 434.5 Optimism (OP) – 411 Hedera (HBAR) – 387.73 Polkadot (DOT) – 385.43 Kusama (KSM) – 385.43 Internet Computer (ICP)…

How Bitcoin Mining Has Changed Since the Last Halving

Every four years, we experience a bonus day in February, the United States elects a president (ideally one supportive of Bitcoin), the Olympics take place, and we witness a significant event called the Bitcoin halving. In the grand scheme of things, four years may seem relatively short. However, in the realm of Bitcoin mining, where changes in the geographical landscape, hash rate growth, and industry efficiency are big factors, a lot has occurred since the previous halving event. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Amanda…

Crossmint, Astar, and Hakuhodo KEY3 collaborate to boost Web3 adoption in Japan

Crossmint, a Web3 development platform renowned for collaborating with global brands like Microsoft (MSFT), Etihad Airways, Johnnie Walker, and AC Milan, is teaming up with Astar and Hakuhodo KEY3 to accelerate the adoption of Web3 technologies among Japan’s largest enterprises, as per the information shared with Finbold on March 25. The collaboration relies on Crossmint’s impressive track record and developer tools to integrate seamlessly with the Astar blockchain, which recently launched its zkEVM with over 50 projects already onboarded. With the establishment of Hakuhodo Key3, dedicated to developing and promoting Web3 services for the largest Japanese enterprises on the Astar…

Bitcoin OTC Desks ‘Dried Up To 40 BTC’: What This Means

The availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks has sharply decreased, with reports suggesting that at one point, only about 40 BTC were available for sale. This news has significant implications for the market and could herald a new era in BTC trading dynamics. OTC Desks Had 40 Bitcoin Available On Wednesday Caitlin Long, the CEO and founder of Custodia Bank, provided an eye-opening account of the current state of the OTC Bitcoin market. Through a series of posts on X (formerly Twitter), Long noted, “The #HODLgang has mostly held…I spent time in NYC over the past couple of…

Ethereum Dencun Upgrade Is Live, This Is What Developers Plotting Next

Following the successful launch of Ethereum Dencun Upgrade, a move that elicited excitement among community members as 15,000 ETH were moved, developers are already on to the next thing amid talks on whether to include MaxEB in Electra. The development team is currently evaluating additional features for inclusion in the upgrade and is expected to make a final determination within the next one to four weeks. Christine Kim, a researcher in the crypto space, in a series of posts on her X page emphasized the significance of parallel initiatives being pursued alongside the Electra upgrade. Two critical initiatives were highlighted.…

ORA’s on-chain AI oracle is now available on Ethereum mainnet

Verifiable oracle protocol ORA is launching its on-chain AI oracle (OAO) on Ethereum mainnet. Although the initial launch of OAO is on Ethereum, over the coming weeks the oracle will also be live on Optimism, Base, Polygon and Manta. Implementing machine learning (ML) or AI onto the blockchain gives machine learning computation access to blockchain verifiability, validity, fairness and transparency. Despite the benefits, there have been difficulties with bringing AI on-chain. First, to enable decentralization, multiple nodes must run complicated machine-learning computations. However, this is rather costly and time-consuming. Additionally, Ethereum’s computation environment is specifically designed for EVM smart contracts…

Bitcoin Whale Sits on $900 Million Profit After Grabbing Big BTC Chunk in 2022

Recent on-chain data shared by the @lookonchain analytics platform on the X/Twitter app describes a smart whale who bought over a billion USD worth of Bitcoin two years ago and is now sitting on a hefty unrealized profit. Meanwhile, the price of the world’s flagship cryptocurrency, BTC, has demonstrated a slight decline of 1.73%, dropping below the quickly taken $62,000 level in the past 24 hours. Whale sits on $900 profit from holding Bitcoin A tweet published by the aforementioned source earlier today says that a smart whale purchased a monstrous $1.39 billion worth of Bitcoin in July 2022, paying…

NFT Price Floor co-founder predicts quality NFTs comeback despite market retreat

NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on the current state of NFTs, saying the market is “already seeing signs” of their comeback. Lallement, the head of the analytical website focused on NFT-related data, underscored the signs of a digital collectibles’ resurgence, pointing to recent notable sales such as…

Ethereum Tokens Are Pouring Into Exchanges Amid Regulatory Uncertainty

On-chain activity indicates a notable reaction to regulatory uncertainties surrounding the second-largest digital asset by market capitalization, Ethereum. A significant spike was registered in the number of tokens sent to centralized crypto exchanges. This is the biggest ever recorded since September 2022, profoundly influencing the price of Ethereum. Ethereum Sees Largest Exchange Inflow in 2 Years Ethereum has faced considerable scrutiny recently. Critics within the cryptocurrency community cite its lackluster price performance and the rise of Solana as evidence of Ethereum’s declining influence. Furthermore, regulatory bodies are purportedly targeting the Ethereum Foundation, questioning ETH’s classification as a security. Indeed, concerns…