Author: NBTC

Ethereum network activity has shown a sharp increase in new users, with “activity retention” almost doubling over the past month, according to crypto on-chain analytics platform Glassnode. Month-over-month “activity retention” shows a sharp spike in the new cohort, “indicating a surge in first-time interacting addresses over the past 30 days,” Glassnode reported on Thursday. It added that this reflects a notable influx of new wallets engaging with the Ethereum network, “rather than activity being driven solely by existing participants.” New activity retention, or new network addresses, has spiked from just over 4 million to around 8 million addresses this month.…

Following the Federal Reserve’s announcement of a 25 basis point interest rate cut, in line with expectations, US President Donald Trump made noteworthy comments regarding the economy and the Fed’s management. Trump argued that the rate cut was insufficient, saying the US economy had “much greater potential.” In his statements, Trump said that the US could achieve “much better results than conventional data indicates,” suggesting that the economy could achieve strong growth without creating inflation. The president stated that “GDP growth of over 3% or 4% is easily possible,” and, more ambitiously, raised expectations to a peak with the question,…

Less than a day after Coinbase dramatically pulled support for the Senate’s crypto market structure bill, derailing a vote that would have sent the legislation to the Senate floor, the crypto industry is reeling—and wondering whether their coveted legislation now stands any chance of passage. Coinbase CEO Brian Armstrong announced on Wednesday his company would no longer support the bill as written, less than 24 hours before the Senate Banking Committee was due to vote on it. After a chaotic evening, pro-crypto senators ultimately opted to delay the vote—and have yet to reschedule it. “Today’s response from some in the…

Base led Ethereum’s layer-2 fee rankings on January 14, generating about $147,000 in daily revenue, far ahead of Arbitrum’s roughly $39,000 and Starknet’s $9,000, according to figures shared by CryptoRank.io. The data points to a sharp concentration of activity on one network, even as most other Ethereum scaling chains struggled to clear $5,000 in fees over the same 24-hour period. Base Pulls Ahead as Fee Data Shows Widening Gaps CryptoRank said Base’s share of total Ethereum L2 revenue was nearing 70% based on the January 14 snapshot, while all other L2s combined brought in just over $15,000. Linea posted around…

Ethereum is holding a firm footing near $3,317 as traders watch whether the rally can stretch higher on the 4-hour chart. Recent price action shows ETH regaining momentum after clearing a key resistance band around $3,300–$3,320. This move has helped confirm a short-term bullish continuation setup, with higher highs and higher lows forming across the latest swings. Besides the breakout, Ethereum has also stayed above its major moving averages, which traders often treat as a signal that buyers still control the trend. ETH Breakout Holds Above Key Technical Zones Ethereum pushed above the $3,300 area and kept the level as…

The Federal Reserve has lowered interest rates by 25 basis points to a target range of 3.50%–3.75%, delivering the cut markets overwhelmingly expected — but without offering clear momentum toward further easing. Today’s decision was non-unanimous, reinforcing the uncertainty that has dominated investor sentiment over the past week. Guidance Is the Market Focus, Not the Cut The FOMC acknowledged slowing job gains, a higher unemployment trend through Q3, and inflation that has ticked higher since early 2025. While policymakers noted that downside risks to employment have risen, they stopped short of committing to a sustained cutting cycle. Instead, today’s statement…

During his appearance at the ultra-exclusive CfC St. Moritz conference in the Swiss Alps, Ripple CEO Brad Garlinghouse addressed a widening rift in the industry. The tension centers on the Digital Asset Market CLARITY Act, a massive Senate bill intended to define the roles of the SEC and CFTC. Just hours before a scheduled Senate Banking Committee markup, Coinbase CEO Brian Armstrong shocked the community by pulling his company’s support. He called the draft “materially worse than the status quo.” As reported by U.Today, Armstrong had opposed the bill due to a “de facto ban” on tokenized stocks, limits on…

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…