Author: NBTC
Canadian businessman Kevin O’Leary recently issued a warning about Ethereum, the second-largest blockchain network, claiming that it tends to “crack” under pressure. “For over a decade, we’ve talked about going on-chain, and now with real-world adoption finally happening, the cracks are showing,” O’Leary said. The “Shark Tank” host claims that the popular blockchain network got “congested,” which resulted in sky-high fees of over $1,000. “That’s like paying a thousand-dollar toll to drive on a one-lane highway,” he quipped. An extreme exaggeration? However, many members of the Ethereum community disputed the claim, noting that actual gas costs were $22 for a…
Democrats and Republicans hosted dueling roundtables with crypto industry executives on Wednesday in an effort to advance cryptocurrency market structure legislation. More than three months after the House passed the CLARITY Act, the bill has yet to make meaningful progress in the Senate. According to people familiar with Wednesday’s discussions, both parties are pointing fingers. Democrats, gathered by Sen. Kirsten Gillibrand on Wednesday morning, are growing frustrated with the crypto industry’s tendency to align itself with Republicans. “Don’t be an arm of the Republican Party, they used you all and your megaphones to f*** us,” Democrat Sen. Ruben Gallego told…
Ledger Signers, the most renowned security instruments in crypto, now connect to the 1ich decentralized application (dApp) in only one click, facilitating world users seamless, secure token swaps at the best rates. The purpose of this connectivity is to provide an innovative experience of decentralized finance (DeFi) trading in an efficient and simple way, with one-click. 이제 @Ledger 를 1inch dApp에 연결하는 일이 훨씬 더 쉬워졌습니다!단 두 번의 클릭과 한 번의 터치만으로 가능합니다.DeFi 통합이 당신에게 의미하는 것은 무엇일까요?😄 더 부드러운 사용자 경험🛡 더 강력한 보안⚡ 더 효율적인 스왑자세히 보기 👀https://t.co/beS9bSubrq pic.twitter.com/9VIWXl5sx2 — 1inch 코리아 (@1inchKorea) October 24, 2025 Users are…
Kevin O’Leary slams Ethereum’s scalability and high gas fees, sparking community backlash as ETH trades near $3,870 amid a $100B market drop. Ethereum dips 3.9% to $3,870 as O’Leary critiques network congestion; analysts warn ETH could fall to $2,500 if bearish technical patterns persist. On October 17, 2025, Ethereum (ETH) is trading around $3,870, marking a decline of approximately 3.92% from the previous close. The intraday high reached $4,076.22, while the low dipped to $3,835.35. This downturn is part of a broader cryptocurrency market correction, with the market losing over $100 billion in just three hours. Kevin O’Leary Criticizes Ethereum…
US President Donald Trump’s pardon of Binance founder Changpeng Zhao marks the second major act of clemency toward a prominent crypto figure since he took office. And it has been less than a year. This latest development has sparked speculation over whether Sam Bankman-Fried could be next. Applause, Alarm, and a Surge in Speculation The news of Trump’s pardoning of Changpeng Zhao (CZ) today has caused various reactions, ranging from applause to alarm. While some crypto community members welcomed the news, critics raised red flags about potential conflicts of interest. What’s clear is that Trump’s latest pardon has sparked speculation…
The cryptocurrency world is buzzing with news surrounding the Trump DeFi project, WorldLibertyFinancial (WLFI). This initiative, linked to the Trump family, has recently made headlines with a substantial issuance that’s caught the attention of market observers and crypto enthusiasts alike. Understanding the implications of this development is crucial for anyone following the decentralized finance space. What is the Trump DeFi Project: WorldLibertyFinancial (WLFI)? WorldLibertyFinancial, or WLFI, positions itself within the burgeoning decentralized finance (DeFi) ecosystem. DeFi aims to replicate traditional financial services, such as lending, borrowing, and trading, using blockchain technology, thereby removing intermediaries like banks. The involvement of a…
Multi-timeframe analysis ETH Analysis — Daily (D1) Price vs EMAs: ETH trades at 3820.10, below the EMA20 4160.67 and EMA50 4206.34, but above the EMA200 3563.80. This shows short-term control with sellers, while the broader uptrend base is still intact. For details on how Ethereum’s technical trends interplay with recent upgrades and volatility, check the official Ethereum website. RSI: The D1 RSI is 39.35. Sub-50 readings indicate a bearish bias; momentum feels fragile and rallies may fade quickly. MACD: MACD line -107.13 is below signal -59.27 with a negative histogram -47.86. This confirms that bears retain momentum for now. Bollinger…
U.S. regulators are increasing oversight on digital asset custodians to curb systemic risks, with Fortress Trust being the latest victim. Summary Nevada ordered Fortress Trust to cease operations over solvency risks. The case mirrors the 2023 Prime Trust collapse involving the same founder. Regulators tighten crypto custody rules, raising pressure on small firms. Nevada regulators have ordered crypto custodian Fortress Trust to stop operating after uncovering signs of insolvency and unsafe business practices. The action was disclosed in an Oct. 24 report by Bloomberg Law, citing a cease-and-desist order issued by the state’s Financial Institutions Division. Regulator flags asset-liability mismatch…
Analyst Crypto Gucci has shared supply dynamics that suggest Ethereum faces upward price pressure with over 40% of tokens removed from active circulation. Three concurrent supply vacuums have created conditions not present in previous market cycles. Digital asset treasuries have accumulated 5.9 million Ethereum worth approximately $24 billion. This is approximately 4.9% of the total supply, according to StrategicEthReserve data. These entities hold tokens for long-term yields rather than active trading. ETH’s supply is disappearing faster than ever 🔥Over 40% of all $ETH is currently locked out of circulation and is continues to climb rapidly Ethereum has never experienced a…
President Donald Trump pardoned Binance founder Changpeng Zhao on Thursday, triggering backlash from Democrats who accuse the administration of rewarding criminal behavior amid a government shutdown, in exchange for billions allegedly funneled into Trump’s personal crypto ventures. “Trump’s pardon of Binance founder Changpeng Zhao—who pleaded guilty to enabling money laundering and facilitating suspicious transactions with child abusers, drug dealers, and terrorists—is an appalling but unsurprising reflection of his presidency: one defined by corruption, self-interest, and loyalty to criminals over working-class American families,” Ranking Member Maxine Waters said in a Wednesday statement. On Myriad, the prediction markets platform developed by Decrypt’s…