Author: NBTC
Solana Labs CEO Anatoly Yakovenko said he wants Solana to be a constantly evolving network, continuously updating to meet the changing needs of users, contrasting with Vitalik Buterin’s vision of Ethereum as a self-sustaining blockchain. “Solana needs to never stop iterating. It shouldn’t depend on any single group or individual to do so, but if it ever stops changing to fit the needs of its devs and users, it will die,” Yakovenko stated in a post to X on Saturday. His remarks were in response to a post from Buterin, who said Ethereum needs to reach a point where it…
In a significant on-chain transaction monitored globally on March 21, 2025, leading cryptocurrency market maker Cumberland executed a substantial portfolio rebalance, withdrawing 1,900 Ethereum (ETH) from Binance. This pivotal move, valued at approximately $6.29 million, coincided with a deposit of 1.7 million AVN tokens to exchanges Bybit and Binance, sparking immediate analysis from institutional observers. Consequently, this activity provides a critical window into the sophisticated asset management strategies shaping digital asset markets this year. Cumberland’s ETH Withdrawal from Binance: Analyzing the Transaction Blockchain analytics platform The Data Nerd first identified the Cumberland ETH withdrawal. The firm moved exactly 1,900 ETH…
Elon Musk claimed that audits conducted under the Department of Government Efficiency identified what he described as “zombie payments” worth between $100 billion to $200 billion a year, marking the clearest accounting he has offered of the short-lived initiative he briefly led early in the Donald Trump administration. Musk’s comments came in a podcast interview released Tuesday that quickly went viral and touched on everything from immigration and artificial intelligence to Mars colonization and metaphysics. The 53-minute episode, hosted by Katie Miller, a former Trump administration aide and wife of White House adviser Stephen Miller, was posted on X, where…
Russia’s monetary authority intends to oblige commercial banks to provide detailed reports on their customers’ transactions related to cryptocurrency. The policy is part of new reporting requirements that concern all cross-border transfers made by Russians and comes ahead of the full regulation of the crypto market planned for this year. Bank of Russia wants to know more about citizens’ crypto activities The Central Bank of Russia (CBR) is preparing amendments to the reporting rules for financial institutions regarding money transfers initiated by private individuals. The upcoming requirements will also apply to banking operations related to cryptocurrency, local media revealed this…
Pilot AI, an AI-driven Web3 execution entity, has partnered with Waves, a Web3 cultural intelligence platform. The partnership aims to fill the gap between on-chain execution and cultural intelligence. As per the official X announcement of pilot AI, the collaboration merges the actionable tools with data-led insights and cultural oracle. Hence, Waves will serve as a cultural oracle, whereas Pilot AI will let users operate on the respective insights within decentralized settings. Pilot x @wavesaiofficial 🤝Waves acts as a Cultural Oracle, turning audience data and social trends into actionable on-chain metadata → providing the “map” for how communities and content…
A surge in staking activity from mega-ether holder BitMine Immersion (BMNR) is straining the Ethereum network, sending the wait time to become a validator to the longest since mid-2023. There’s more than 2.55 million in ether ETH$3,278.43 – worth roughly $8.3 billion – currently waiting to be activated, translating into an estimated wait time of over 44 days before new validators can begin earning staking rewards. That’s the biggest backlog since late July 2023, only a few months after Ethereum fully implemented its proof-of-stake mechanics and enabled withdrawals. Validator exit and entry wait times (ValidatorQueue.com) The Ethereum network uses validators…
State Street and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026 that uses stablecoins for around-the-clock investor flows, expanding the use of public blockchains in institutional cash management, the companies announced Wednesday. The State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, will accept subscriptions and redemptions in PYUSD, a stablecoin issued by PayPal, so long as the fund has assets on hand to process requests. Only Qualified Purchasers who meet set thresholds can access the fund. Ondo Finance committed about $200 million to seed the product. The firms expect to issue SWEEP on Solana…
Coinbase CEO Brian Armstrong has weighed in on the future of a cryptocurrency market structure bill under consideration in the US Senate less than 24 hours after he said the exchange could not support the current version of the legislation. In a Thursday CNBC interview in the US Capitol building, Armstrong spoke after posting on X Wednesday that Coinbase was pulling its support for the CLARITY Act, a bill to establish digital asset market structure. Members of the US Senate Banking Committee had been scheduled for a markup of the bill on Thursday, which was postponed following Armstrong’s post. “We…
Stablecoin usage on Revolut has picked up and reached exponential growth rates. The expansion happens after a record year for stablecoin minting and usage. Stablecoins on Revolut grew with a nearly exponential rate, based on the volume of interactions. Transaction volume for dollar-pegged assets through Revolut is growing at 156%, while the total value of payments is up by 38.5% over the past two years. After a slow start, the pace accelerated in 2025. Revolut stablecoin transactions grew in raw volumes, value transfers, and in diversity with more new networks added in the past year. | Source: Dune Analytics For…
Ethereum price is rejecting near $3,400 as daily bearish divergence forms and volume fades, increasing the probability of a corrective move toward $2,800 high-time-frame support. Summary ETH rejected at $3,400 resistance with VAH + 0.618 confluence Daily bearish RSI divergence signals momentum weakness at the highs Fading volume increases pullback odds toward $2,800 support Ethereum’s (ETH) price recent rally is showing early signs of exhaustion as price fails to hold above the key $3,400 high-time-frame resistance zone. While ETH has remained strong overall, the market is now flashing technical warning signals that often appear near local tops, particularly when resistance…