Author: NBTC

Ink, the Ethereum Layer 2 network incubated by Kraken, is moving its production infrastructure to Optimism’s OP Enterprise Fully Managed service under a multi year agreement. Optimism will take responsibility for operating Ink’s core network infrastructure, while the Ink Foundation focuses on expanding its ecosystem and developing new financial products. The arrangement gives Optimism control over the operational systems behind the network, including its sequencer, batcher, proposer and supporting infrastructure. Ink will retain control over its chain, product strategy and the applications built on top of the network. The move represents one of the first cases of a major existing…

Strategy CEO Phong Le said the company’s success rests on more than the Bitcoin held on its balance sheet. In a post on X, he argued that Strategy’s enterprise software business remains a core part of the company’s long-term model. Le said the software unit gives Strategy engineers, cloud teams, enterprise customers, compliance systems, and global operations that most digital asset firms do not have. “Strategy’s success is rooted in more than Bitcoin” is the key claim, but it depends on whether the software business can keep growing while Bitcoin drives most investor attention. Q1 software growth supports Bitcoin costs…

Ethereum is sitting near a key long-term support zone while RSI returns to levels seen near past cycle bottoms. If $ETH holds this structure, analysts say the current weakness could become the base for a larger recovery. Ethereum Mirrors Prior Cycle Bottom as RSI Returns to Historic Lows Ethereum may be repeating a pattern seen near previous cycle bottoms, according to analyst Kamran Asghar. The chart highlights similarities between the current market structure and the 2022 low, with the Relative Strength Index (RSI) once again approaching historically depressed levels. $ETH/USD Monthly Chart. Source: Kamran Asghar (@Karman_1s) on X. The analysis…

Ondo Finance has hired former Invesco ETF executive and Grayscale managing director John Hoffman to expand its tokenized investment products beyond stocks and Treasury notes. Hoffman joins the firm as managing director and head of product portfolios after serving as head of distribution and partnerships at Grayscale Investments, best known for its digital asset funds. Before that, he spent nearly two decades at $2.5 trillion asset manager Invesco, where he most recently led the firm’s ETF and index strategies business in the Americas. His focus will be building and distributing tokenized portfolios, including investment baskets developed with asset managers and…

Ripple CEO Brad Garlinghouse has stated that “a moment is real” for the crypto industry while announcing his participation in the much-hyped Swell conference. “I’ve been in crypto long enough to know when a moment is real,” Garlinghouse said in a public statement. “This is one of them. 10 years of Swell converging with real scale, institutional adoption, and Swell + Apex together for the first time this fall. We’ve been building toward this moment — see you in New York!” he added. The “biggest Swell ever” Other top Ripple executives are also excited about the upcoming event, which will…

The top altcoin projects in the cryptocurrency market based on weekly active users have been revealed. According to the latest data, $BNB Chain tops the list with 14.4 million weekly active users. $BNB Chain is followed by Tron with 8.9 million users and Solana with 7.9 million users. The data is based on the number of unique addresses that initiated transactions or interacted with the protocol within the last 7 days. The weekly active user metric is considered one of the key indicators for measuring user engagement, network adoption, and ecosystem activity for blockchain networks and decentralized applications. While Layer-1…

Ethereum traded near $1,731 at press time, leaving the asset close to the same area it occupied in March 2021. According to crypto.news market data, the token rose 0.48% over 24 hours, with a daily range between $1,708 and $1,742. The current level keeps $ETH in a wide debate. Some analysts see a base forming after months of weakness. Others say the chart still needs to defend deeper support before a larger rebound can develop. For now, buyers have slowed the decline, but they have not confirmed control. Ethereum price stays close to its 2021 level Ali Martinez pointed out…

The Solana Foundation has announced a new initiative aimed at enhancing trader engagement through its Frontier Traders program. The campaign, focusing on SpaceX, is set to run for the next seven days and encourages traders to participate actively in the evolving ecosystem. This announcement was made via their official Twitter account, emphasizing the growing interest in on-chain trading opportunities. Market Snapshot As the broader cryptocurrency market exhibits mixed signals, the Solana Foundation’s announcement of the Frontier Traders SpaceX campaign marks a significant moment for the community. This initiative seeks to engage traders and firms alike, leveraging the excitement surrounding collaborative…

Coin98 Super Wallet, an AI-driven, secure financial platform on-chain, has integrated ADI Chain, an Ethereum-based L2 chain. The integration permits Coin98 users to access the ADI Chain network via a self-custodial wallet setting. As per Coin98 Super Wallet’s official press release, users can now manage on-chain assets, engage with RWA applications, and delve into digital finance functionalities through an inclusive platform. Keeping this in view, the initiative underscores the growing convergence of the next-gen decentralized wallet architecture and on-chain networks looking for practical financial utilities. Benefits of ADI Chain – Coin98 Wallet Integration for Users After integration with Coin98 Super…

Ethereum is entering a critical short-term zone as its price struggles around a rising trendline that has supported the recent recovery attempt. $ETH is currently trading near $1,726, with the intraday range moving between roughly $1,716 and $1,743, showing that volatility remains limited but pressure is building. Ethereum price in USD The next move could be decisive. If Ethereum fails to break back above the trendline and hold it as support, sellers may regain control and push $ETH toward lower support levels. However, if buyers manage to reclaim the trendline with strength, Ethereum could attempt another recovery toward the recent…