Author: NBTC
[ad_1] Bitcoin fell hard before recovering as prices plummeted below $95,000, retreating below $94,600 and even as low as $93,395. But buyers emerged at around $94,000, halting the decline and allowing BTC to recover fast. Then, the coin started rising again, piercing through pivotal levels that had earlier served as resistance. Key Resistance Levels Broken As Bulls Step In Bitcoin didn’t remain down for long. It broke above $94,600 and even broke a bearish trendline at around $94,755. That opened the doors for another break higher. It continued to breach above $96,500 and is now trading inching closer to the…
[ad_1] Ethereum has successfully activated the first phase of Pectra, its latest major upgrade since Dencun in March last year, going live at 6:05am ET in New York on Wednesday. Following the hard fork itself, developers faced a nail-biting wait to see if the network had achieved finality, which took place at 6:18am ET. The Pectra hardfork has finalized on #Ethereum! Congratz everyone 🥳🥳 pic.twitter.com/sOwPVN1UOO — beaconchain.eth 📡 (@beaconcha_in) May 7, 2025 Pectra introduces sweeping changes to the network, laying the foundation for its shift to focus on scaling and improving how the network operates across its growing ecosystem. The…
[ad_1] Following the announcement that interest rates would remain unchanged, FED Chairman Jerome Powell reads a speech live on air and answers questions from reporters. Here are some important excerpts from Powell’s critical speech: The economy is in solid shape. Inflation has fallen significantly. Inflation is running slightly above the target level of 2%. The labor market has reached or is close to maximum employment. The risks of rising unemployment and inflation have increased. Unusual fluctuations in trade make measuring GDP more complicated. Wage growth continued to slow. Labor market conditions remain strong. Short-term inflation expectations have risen. The labor…
[ad_1] Santiment shared a post on X depicting the top Solana ecosystem projects by development activity in the past 30 days. The analysis, based on meaningful GitHub contributions, places the core Solana protocol well ahead of other active projects like Pyth Network ($PYTH) and Helium ($IOT), offering a clear look at where building efforts are concentrated on the network. Santiment Ranks Meaningful Development, Not Just Commits The ranking is based on Santiment’s enhanced GitHub event data methodology, which focuses on meaningful development contributions rather than superficial metrics like commit counts. Not surprisingly, Solana ($SOL) maintains the top position, reflecting continuous…
[ad_1] Since the early days of the internet, HTTP 402, a payment status code that showed “Payment Required,” has existed as a placeholder in web protocols. It was a digital relic that once promised an internet with built-in payment capabilities but was never fully realized. Three decades later, crypto exchange Coinbase, through its Developer Platform, has brought it back to life with x402, a new, open-source protocol that creates a native payment layer for the web. “Imagine a future where crypto is the default to pay for anything,” Nemil Dalal, lead developer at Coinbase’s Developer Platform, said on X. Launched…
[ad_1] Tokenized real estate continues to evolve from niche experimentation to serious infrastructure. A recent Deloitte report predicts that the tokenized real estate market could reach $4 trillion by 2035. While the number is quite largee, it remains a drop in the bucket relative to the $658 trillion size of the global real estate industry. The thesis for tokenizing real estate is simple: blockchain can modernize how ownership is tracked, assets are accessed, and capital flows across markets. Real estate is about as “real world” as it gets, and seeing tokenization reshape the world’s largest asset class speaks volumes. To…
[ad_1] After months of bleeding, U.S. Bitcoin ETFs pulled in $4.6 billion over two weeks, the biggest two-week turnaround ever, per May 7th The Week On-chain newsletter named “Gaining Ground.” Spot Bitcoin ETFs saw nearly $1.3 billion in net inflows over just two trading days this past week, signaling a sharp shift in institutional sentiment. BlackRock’s IBIT alone drew $970.9 million in a single session—its second-largest daily inflow since launch—while competitors like Fidelity’s FBTC continued to lag. After enduring the largest sustained outflow streak on record in April, the ETF complex is now back in growth mode. Bitcoin price itself…
[ad_1] Ethereum’s latest update could make DeFi protocol feel like normal apps, and boost ETH in the long run, says P2P.org’s executive. For the past year, Ethereum (ETH) has been steadily losing dominance to other altcoins, as well as Bitcoin. Layer 2 networks are eating into Ethereum’s revenue, causing some traders to question the network’s evolving tokenomics. Rather than give in to the pressure, the Ethereum Foundation has doubled down, launching a new update focused entirely on usability and scalability. Artemiy Parshakov, Vice President of Institutions at staking infrastructure provider P2P.org, explained to crypto.news why this is the correct approach.…
[ad_1] Bitcoin rose and US stocks swung on Wednesday after the Fed kept its interest rate untouched, warning of rising threats to both jobs and prices. The S&P 500 closed 0.1% higher after a messy session. The Dow Jones added 237 points, or 0.6%, helped by a jump in Disney shares. The Nasdaq, hit by tech losses, slid by 0.3%. The Federal Open Market Committee said it’s keeping the overnight borrowing rate between 4.25% and 4.5%, the same place it’s been since December. Fed blames tariffs, Trump doubles down Jerome Powell, head of the Fed, told reporters that if the…
[ad_1] The gaming ecosystem Versus has joined the Ice Open Network ecosystem by announcing its partnership with the blockchain network. Online+, the rapidly growing social ecosystem of Ice blockchain, will now be accessible to Versus as well. Through this strategic collaboration, the joint venture will transform the Web3 gaming and social integration. Versus disclosed this integration through its official social media platform, X account 🚀 We’re thrilled to announce our partnership with @ice_blockchain and their fast-growing social ecosystem – Online+! ❄️🌐Online+ is a dynamic Web3 hub for digital explorers of all kinds – and now, Versus is joining the party!🕹💬This…