Author: NBTC

Cache Wallet, a prominent multi-chain crypto wallet, has partnered with MeloBoom, a community-first Web3 entity. The partnership focuses on merging robust wallet infrastructure and unique participation models, delivering enhanced consumer experiences on decentralized platforms. As Cache Wallet mentioned in its announcement on social media, the development attempts to minimize entry barriers for crypto users looking to delve into multi-chain environments. Additionally, the move also reflects a wider push toward more user-friendly and safer adoption. Partnership Announcement 🚨@MelosBoom 🤝 @CacheWalletCache Wallet is partnering with MelosBoom, a Web3 project focused on community-driven engagement, rewards, and ecosystem growth through innovative incentives and interactive…

ETH is starting to roll over after failing to hold above key resistance, and the tape is turning heavy. Price has broken back down after an early-month push higher, putting a bearish structure back in play. While longer-term holders are still providing some support, growing sell-side pressure and weak broader market conditions are putting that bid to the test. Can Ethereum LTHs Prevent A Breakdown? On-chain data shows long-term Ethereum holders are still largely in accumulation mode. The HODLer Net Position Change has printed steady green bars since late December, signaling reduced distribution and continued accumulation from stronger hands. This…

Amazon is stepping deeper into the AI arms race with the release of Trainium 3, a chip designed to rival Nvidia’s dominant GPU hardware. The new chips, available through Amazon Web Services (AWS), promise a fourfold increase in training speed over the previous version, while maintaining the same energy footprint. The move will put the tech giant in competition with Google and Nvidia as the scramble for infrastructure heats up. Each cluster of Amazon’s new “UltraServers” can run up to 144 Trainium 3 chips, positioning them to handle large-scale language model training and other compute-heavy tasks. The launch is part…

Input Output Global CEO Charles Hoskinson recently attacked Ripple CEO Brad Garlinghouse over his support for the Digital Asset Market Clarity Act (referred to as the CLARITY Act). “He’s being principled. That’s genuine passion and concern. He got into the space as a cypherpunk from the early days. He’s trying to support what this technology was meant to be about and for,” he said. Some XRP community members have criticized Hoskisnon for “crashing out,” but there were also those who were also those who have sided with the Hoskinson has expressed deep skepticism regarding the passage of the bill. His…

New VeChain-based app Wattly rewards users with tokens for reducing their device use. Americans look at their phones 200 times every day; 46% admit that they are addicted to their devices. Wattle, a new app built on the VeChain blockchain, is joining the growing digital wellness market, rewarding users for cutting back on their phone use. Rising screen time has become a growing global concern, with health experts pointing to increased health problems. Wattly’s blockchain-based solution tracks reduced device use and compensates participants with tokens on the VeChainThor network. According to a new study by Reviews.org, Americans check their phones…

Let’s say an investor has a house in Switzerland and a beach house in Miami. They’re worth, perhaps, $10 million. But what they are really looking for right now is a line of credit for some time on the slopes at St. Moritz, a trip to the Cannes film festival and a few upgrades to the yacht. In traditional finance, they might be able to approach their bank and use those assets to secure a flexible, short-term loan. However, if a substantial part of the investor’s assets is in crypto, it’s likely much harder. And it seems there are a…

X Games will share a title with crypto payments provider MoonPay as part of an eight-figure deal, as the long-running action sports spectacle transitions toward a new team-based format, a MoonPay spokesperson told Decrypt. The MoonPay X Games League, which is set to draft 150 athletes to “regionally repped” clubs at a Los Angeles-based event in March, is now the product of a three-year marketing deal, the companies said in a press release. The new name was unveiled in Aspen, Colorado during X Games’ final standalone event. An official logo for the MoonPay X Games League. Image: MoonPay The X…

Trend Research has increased its ETH holdings to 636,815 ETH, valued at $1.98 billion at current prices. Onchain data shows that the firm bought 9,939 ETH for $30.85 million and sent it to Aave V3 before borrowing an additional $20 million in USDT to buy more Ethereum. Hong Kong-based investment Trend Research has bought more Ethereum, according to onchain data from blockchain explorer and blockchain analytics platform Arkham Intelligence. The firm borrowed $30 million in USDT from Aave, a DeFi lending and borrowing platform, and bought 9,939 ETH for about $30.85 million from Binance. Trend Research and BitMine buy more…

Speaking to Bloomberg, macro strategist Mark Cudmore evaluated the latest developments in the cryptocurrency market and their possible impact on stock markets. According to Cudmore, the situation of companies holding digital assets, in particular, remains a source of concern in the markets. Cudmore stated that the “pain” in the crypto market is not over yet, highlighting the dynamic created by companies like MicroStrategy, which hold significant amounts of Bitcoin on their balance sheets. While MicroStrategy’s announcement that it has a reserve fund to cover the next 14 months of dividend payments is a relief for the markets, Cudmore remains cautious…

The Hong Kong Securities & Futures Professionals Association (HKSFPA) has urged the city’s government to soften some elements of its planned implementation of the Organisation for Economic Co-operation and Development’s (OECD) crypto reporting standards. The industry body warned that the OECD’s Crypto Asset Reporting Framework (CARF) and related Common Reporting Standard (CRS) amendments could saddle local institutions with operational and liability risks. CARF is a new standard for automatic tax information exchange for crypto asset users across borders, while CRS is the OECD’s existing automatic information exchange regime for traditional financial accounts. Hong Kong is one of 76 markets that…