Author: NBTC
Ethereum is gearing up for a major upgrade that could allow users to pay fees in ERC-20 tokens like Shiba Inu (SHIB). This will be made possible through the upcoming Pectra hard fork, a significant upgrade that combines 11 Ethereum Improvement Proposals (EIPs) into a single package. Pectra’s Account Abstraction Feature Scheduled for March 2025, Pectra is expected to usher in significant improvements to staking efficiency, wallet usability, and scalability. At the core of the upgrade is the account abstraction feature, which aims to improve wallet usability by making them more intuitive. With this feature, Ethereum users can pay for…
The power of Moore’s Law is inevitable: every two years, humanity’s computational capabilities and efficiency double. Microchips were the first to take the wheel of the Information Age’s progress — now it is AI’s turn in the limelight. As more people start to grasp the scope of perspectives AI adoption opens, old-fashioned players, corporations, and long-standing practices are gradually redefined across entire sectors.Take the financial industry and its radical AI transformation with the rise of Deobanking. Decentralized Onchain Banking marries artificial intelligence and blockchain for a new understanding of how a financial ecosystem works. Deobanking’s breakaway from its predecessors (traditional…
Bitcoin dropped below $80K for the first time since November, reaching a low of $78,984.63. The crypto market declined, with ETH, SOL, and XRP dropping over 7%. Bitcoin has dropped below $80,000 for the first time in over three months, marking a sharp reversal from its post-election rally. The decline comes amid macroeconomic uncertainty and concerns over U.S. President Donald Trump’s proposed tariffs. Bitcoin is trading at $80,050, rebounding slightly after hitting a low of $78,984.63. The market cap stands at $1.57 trillion, while the market cap ratio is 4.38%. The 24-hour trading volume is $70.72 billion, showing a 1.27%…
The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea’s Lazarus group, triggering a 25% price crash. Now, analysts warn Benjamin Cowen warns that ETH could sink even lower, possibly below $1,000, before any meaningful recovery. still relevant https://t.co/VvzjkkltnZ — Benjamin Cowen (@intocryptoverse) February 26, 2025 Bearish Signals Stack Up ETH’s recent price movement has been largely bearish, with its breakdown below…
Fortune magazine has published an interview with the chief executive officer of the financial services giant Bank of America saying that BoA may well start issuing stablecoins quite soon. Those would be stablecoins for their account holders. The CEO named a key condition for that which can only be fulfilled by US legislators. US likely to legalize stablecoins Bank of America’s CEO Brian Moynihan believes that the US will eventually approve stablecoins as legal and reliable assets. He referred to them as digital assets like Bitcoin. This makes stablecoins “akin to a money market fund with check access or a…
Cardano founder Charles Hoskinson stirs rumors of a meeting with President Donald Trump. Cardano founder Charles Hoskinson has had the community wound up with excitement all through February 2025 with teasers of a meeting with “a special person” towards the end of the month. Hoskinson has again fanned these flames of excitement with an announcement of a Florida trip. “A Thing” On Thursday, February 27, Cardano founder Charles Hoskinson revealed that he would miss ETH Denver, an annual Ethereum hackathon and conference, because he had to be in Florida “for a thing.” In light of Hoskinson’s teaser earlier in the…
IQ GPT, a leading AI tool to understand the crypto sector, has announced its latest integration with Lottry, a prominent transparent, and community-owned lottery run by AI agents. The integration aims to improve the user experience on Lottry with the provision of AI-led, accurate, and rapid responses to queries. The platform took to social media to reveal this integration. Lottry integrates IQ GPT! 👍🏼⚡@Lottryxyz is an AI-driven lottery system that ensures fair draws, secure transactions, and instant payouts without reliance on intermediaries.With IQGPT, the Lottry community can now get quick & accurate answers to their questions, all through… pic.twitter.com/saoTDDlew0 —…
The biggest corporate buyer of Bitcoin, Strategy (formerly MicroStrategy), is under tremendous pressure as a result of the recent decline, as the company now faces an amazing $3.86 billion in unrealized losses in its recent Bitcoin acquisitions. Michael Saylor led the company’s aggressive accumulation strategy, which has drawn praise and criticism. It has a major impact on the price fluctuations of Bitcoin. The approach is being tried more than ever before, though, as Bitcoin by fell more than 13% in 2025. Since the beginning of 2025, Strategy has purchased Bitcoin for about $5.3 billion, but the price of the cryptocurrency…
Donald Trump’s trade war tariffs have triggered significant volatility in crypto markets this week, leading to a decline in Ethereum’s value. At press time, the leading altcoin is trading at $2,347, a low last recorded in November. With prices dropping, ETH investors have become increasingly bearish, removing their capital from the investment funds backed by the altcoin. ETH Spot ETF Outflows Surge to 30-Day High According to data from SosoValue, net outflows from ETH spot ETFs climbed to a 30-day high of $94.27 million on February 26. This marked the third-highest single-day net outflows since the beginning of the year,…
While spot bitcoin exchange-traded funds yesterday registered their largest-ever daily outflow as investors pulled out nearly $1 billion, spot gold ETFs continue to see large inflows, a potential boon for gold-backed cryptocurrencies. Physically-backed gold ETFs last week saw their largest weekly inflow since March 2022, according to data from the World Gold Council, which showed inflows of 52.4 tons, or roughly $4.9 billion, with most of the added demand coming from North America. In all, gold ETF holdings are at 3,326 tons worth roughly $314 billion, according to the group. Gold ETF demand and price (World Gold Council) Despite some…