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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.

StaFi deploys liquid staking as a service testnet

Liquid staking protocol StaFi will be deploying its Liquid Staking as a Service (LSAAS) testnet ahead of its rebrand and mainnet launch of StaFi 2.0. Liquid staking as a service refers to blockchain platforms that provide liquidity by minting a new token that represents an underlying staked asset. This new token can be used and traded in DeFi protocols for additional revenue or rewards. This initial StaFi 2.0 testnet will support liquid staking derivatives (LSDs) from Ethereum, EVM layer-2s and the Cosmos ecosystem. It will allow developers across these different networks to experiment with StaFi’s latest features and allow the…

DeFi

Ethereum Price Could Regain Strength If It Clears This Key Hurdle

Ethereum price is attempting a fresh increase wave above the $3,400 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,500 resistance zone. Ethereum Price Eyes Fresh Increase Ethereum price remained stable above the $3,250 support zone. ETH formed…

Ethereum

XRP Eyes Abnormal Multimillion Activity on Korean Market Amid XRP Price Drama

Whale Alert, a crypto transaction monitoring platform, has detected a substantial movement in the XRP market. Approximately 30 million XRP tokens, valued at around $19 million, were withdrawn from Upbit, South Korea's leading cryptocurrency exchange, which boasts a turnover of $5.5 billion, as reported by CoinMarketCap. The withdrawal was directed to an undisclosed address labeled "r3ow", known for its history of handling large XRP transactions. Presently, only 978,122 XRP tokens remain at this address, indicating a rapid dispersal to various destinations. Such significant withdrawals from exchanges often suggest strategic asset management, potentially reflecting a bullish sentiment among investors. Conversely, movements…

Altcoins

Ultra Optimistic Bitcoin ETF Post Published by SkyBridge Capital's Anthony Scaramucci

Founder of SkyBridge Capital Anthony Scaramucci has taken to the popular X social media platform (known as Twitter in the past) to share his excitement about the pace at which BlackRock’s spot Bitcoin ETF (iShares Bitcoin Trust [IBIT]) continues to acquire Bitcoin. This week, BlackRock’s Bitcoin-based exchange-traded fund crossed over the $10 billion line within the last seven days. Scaramucci reminded his followers that earlier this week, the crucial milestones of $7 billion, $8 billion and $9 billion were reached. $iBIT crosses over $10 billion in AUM (after crossing $7 billion, $8 billion and $9 billion on consecutive days…….all this…

Bitcoin

Ethereum Co-Founder Vitalik Buterin Shared by Elon Musk!

X owner Elon Musk asked today why Ethereum co-founder Vitalik Buterin left X. Responding to Autism Capital's post, which thinks Vitalik Buterin should return to the X platform, Musk said, “Why did Vitalik Buterin leave X?” asked. Vitalik Buterin has been active on Farcaster, a cryptocurrency-centered Twitter-like social media platform, for a long time. At this point, Buterin said in February, “Farcaster has gotten to the point where it's pretty useful as a Twitter alternative for a lot of people. I think the channels actually make it *better* in a lot of ways.” he said. Stating that Ethereum founder Vitalik…

Ethereum

Fantom’s FTM is the Best Performing Non-Meme Token of the Past 30 Days

Fantom’s FTM token has rallied over 190% in four weeks. The network’s upcoming Sonic upgrade may have catalyzed the bull run. The upgrade’s testnet has demonstrated faster transaction processing speeds and finality times. Layer 1 blockchain Fantom’s native token FTM has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. FTM’s price has surged from 40 cents to $1.16, reaching the highest since April 2022, according to data tracked by CoinGecko. The token’s market capitalization has jumped to $3.29 billion, making it the 44th largest digital asset in the…

Altcoins

Marathon Digital CEO Warns of Challenges Ahead for Small Miners Post Bitcoin Halving

Marathon Digital CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April. In a CNBC interview published Friday, Thiel highlighted the disparity in access to capital and equipment financing between smaller and larger miners in the current mining market cycle. He noted that while larger miners have had the opportunity to raise capital, smaller miners have faced challenges in scaling due to limited access to financing options. “Post halving I think you’ll see the smaller miners come under financial stress, which will enable the bigger miners to consolidate the industry,” he said.…

Mining

Bitcoin hitting $1 million would not make list of top 3 historic bull runs

Quick Take Historical data, as shared by Thomas Fahrer, co-founder of Apollo Sats, illustrates that a future rise of Bitcoin to $1 million would not rank within the digital assets top three bull runs. Data by Fahrer shows that between July 2010 and Jan. 2011, Bitcoin’s price catapulted from $0.05 to $24, a 480-fold increase. Later, from October 2011 to November 2013, Bitcoin rose from $2 to $1,100, a 550-fold surge. Yet another bull run occurred from January 2015 to December 2017, with Bitcoin growing over 122 times, from $160 to $19,500. The most recent bull run from March 2020…

Bitcoin

Can Ethereum Break Through $4,000 Amid SEC Scrutiny?

Market Watcher Captain Faibik has argued that Ethereum (ETH) could be on a path to reclaim the lost $4,000 price amid a potential regulatory hurdle. In a recent analysis of ETH’s trajectory on X, Faibik disclosed that the $4,000 target has become evident. The analyst reached this conclusion after observing ETH’s established candlestick patterns in the four-hour timeframe. Specifically, he observed a bullish breakout through a descending wedge pattern, a known technical formation that marks the end of an asset’s consolidation phase. Accordingly, the analyst declared that the $4,000 threshold for Ethereum is on the horizon. $ETH #Ethereum Descending Broadening…

Ethereum

BlackRock’s Interest and Bold Predictions

Chainlink Journal predicts Chainlink’s revolutionary potential, attracting BlackRock’s interest. Insights highlight Chainlink’s evolution since 2017 and its transformative trajectory. Chainlink Journal emphasizes Chainlink’s undervaluation and unprecedented investment opportunity. In a recent update from Chainlink Journal, an official Chainlink News channel, insights are shared regarding BlackRock’s interest in Chainlink. According to the channel, Chainlink is deemed the most undervalued asset in the market. BlackRock is buying #Chainlink for a reason. Chainlink is the most undervalued asset on the board and it will literally revolutionise the way humans communicate, verify and transact. Chainlink is going to two hundred dollars very soon and…

Altcoins