Author: NBTC

Gemini is restructuring with a 30% workforce cut, prioritizing AI and efficiency as falling Bitcoin prices and low market share pressure revenues. Despite losses, Gemini is pivoting to U.S. markets and diversifying with credit cards and forecast tools to build new revenue streams and stability. The crypto shakeout is getting real, and the biggest AI giant, Gemini, is right in the middle of it. According to a Bloomberg report, the Winklevoss-led exchange has slashed nearly 30% of its workforce in 2026, as it leans heavily into AI while battling falling market share and deep losses. Streamlining Operations This reduction comes…

Ripple CTO Emeritus David Schwartz has reacted to a stablecoin prediction by Columbia Business School adjunct professor Omid Malekan. Malekan predicted that, in the years to come, a stablecoin issuer will differentiate itself by its refusal to intervene or freeze and seize, pushing this to the boundaries of what is possible legally. Malekan speculates that “this will be a killer GTM strategy and take massive marketshare.” The Columbia Business School professor explains the potential logic behind this: “Everyone and their mother is going to issue a stablecoin, but they are notoriously difficult to differentiate. As Tolstoy said, every narrow bank…

Data from Upbit and Bithumb, two of South Korea’s largest cryptocurrency exchanges, shows a remarkable increase in trading volume in some altcoins over the past 24 hours. Specifically, strong demand unique to the Korean market has revealed a surge in volume for certain projects, exceeding the global average. According to the data, some altcoins are performing strongly on both exchanges. Several projects, most notably Orca ($ORCA), Zerobase ($ZBT), and Enso (ENSO), are experiencing significant liquidity increases. According to the analysis, Korean investors’ focus on altcoins with low and mid-market caps was instrumental in the rapid increase in trading volume. However,…

As part of efforts to empower crypto users to harness the full potential of cross-chain DApps (decentralized applications) in the Web3 landscape, Conflux Network, a public Layer-1 blockchain, today entered into a strategic partnership with Catto Verse, an AI-driven crypto intelligence platform. This collaboration enabled Conflux to bring innovative AI capabilities into its L1 blockchain network using Catto Verse’s intelligence technology, an integration that seeks to provide more enriching and interactive decentralized applications to Web3 consumers. Conflux Network is a public Layer-1 blockchain designed to address scalability issues in Web3 and support decentralized applications with throughput. Its Tree-Graph structure and…

Bitcoin has climbed back above the $70,000 mark, hitting its highest level in the past 10 days. The move was quick, with $BTC jumping around 3.6% in just 12 hours, triggering over $258 million in liquidations, $233 million of that from short positions. Can Short Squeeze Fuel the Rally Higher The breakout was largely fueled by a classic short squeeze. As prices moved higher, bearish positions were forced to close, adding more buying pressure and pushing $BTC further up. Analyst Michaël van de Poppe pointed to strong market conditions, saying: “Pretty strong momentum on the markets of #Bitcoin. Volatility is…

As part of efforts to enable global DeFi users to leverage decentralized applications using tokenized real-world assets, TokenFi, a tokenization platform, today entered into a significant collaboration with Bitkub, a crypto exchange based in Thailand. The strategic integration enabled TokenFi to launch its native asset (TOKEN) on Bitkub’s cryptocurrency exchange, aiming to widen the RWA token’s market reach to DeFi users worldwide. TokenFi is a tokenization platform that empowers users to create and tokenize real-world assets (RWAs). The platform offers a wide range of tools that allow users (of all levels: professionals and beginners) to create, launch, and manage tangible…

UXLINK has partnered with Beatcoin to convert on-chain user behavior into measurable, settled economic value. The collaboration connects UXLINK’s Social Growth Layer with Beatcoin’s behavioral settlement infrastructure, combining infrastructure for genuine engagement with a framework that measures what users actually contribute rather than what they claim. 🤝 New Partnership: UXLINK 🤝 @BrcToTheMoon We’re teaming up with Beatcoin to transform on-chain interactions into measurable economic value! 🚀 By combining Beatcoin’s behavioral primitives with UXLINK’s Social Growth Layer, we’re moving beyond simple metrics to reward… pic.twitter.com/eXepzI4BGp — UXLINK (@UXLINKofficial) April 24, 2026 The core principle is simple: behavior matters more than outcomes,…

Despite mounting geopolitical tensions in the Middle East, bitcoin reclaimed the $70,000 mark on Monday, supported by Strategy’s latest acquisition of 4,871 bitcoins. Key Takeaways: Bitcoin hit $70,355 on April 6, keeping market cap near $1.4T despite Iran rejecting U.S. ceasefire. Michael Saylor’s company Strategy bought 4,871 $BTC worth $329.9M, reinforcing institutional demand. Bitfinex warns of fragility; $145M shorts liquidated as $BTC risks mechanical sell-off below $68,000. Intraday Volatility Bitcoin displayed remarkable resilience on Monday, reclaiming the $70,000 psychological threshold for the second time in a single day. The top cryptocurrency seemingly decoupled from mounting geopolitical anxieties following Iran’s formal…

As the recovery process in the DeFi ecosystem expands following the KelpDAO-related rsETH crisis, a notable show of support has come from the Solana Foundation. The foundation announced it will contribute to the recovery efforts by providing $USDT to the Aave platform for the first time. Lily Liu, President of the Solana Foundation, stated that this step was taken not only to support Aave but also for the overall health of the DeFi ecosystem. Liu said, “Economies are not isolated. For Solana to be healthy, all of DeFi needs to be healthy.” According to the announcement, the Solana Foundation is…

Publicly traded AI and blockchain firm Eightco Holdings ($ORBS) has upped its investment in leading artificial intelligence firm OpenAI, making an additional $40 million investment in the firm behind popular chatbot ChatGPT. The investment brings its total backing to $90 million in the firm led by co-founder and CEO Sam Altman, accounting for 30% of its entire treasury. “We believe our investment in OpenAI represents a transformative opportunity not only for $ORBS, but for our shareholders,” said Eightco CEO Kevin O’Donnell in a statement. “Access to high-growth private companies has historically been limited to institutional investors, and we’re proud to…