Author: NBTC

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…

Russia’s monetary authority intends to oblige commercial banks to provide detailed reports on their customers’ transactions related to cryptocurrency. The policy is part of new reporting requirements that concern all cross-border transfers made by Russians and comes ahead of the full regulation of the crypto market planned for this year. Bank of Russia wants to know more about citizens’ crypto activities The Central Bank of Russia (CBR) is preparing amendments to the reporting rules for financial institutions regarding money transfers initiated by private individuals. The upcoming requirements will also apply to banking operations related to cryptocurrency, local media revealed this…

Pilot AI, an AI-driven Web3 execution entity, has partnered with Waves, a Web3 cultural intelligence platform. The partnership aims to fill the gap between on-chain execution and cultural intelligence. As per the official X announcement of pilot AI, the collaboration merges the actionable tools with data-led insights and cultural oracle. Hence, Waves will serve as a cultural oracle, whereas Pilot AI will let users operate on the respective insights within decentralized settings. Pilot x @wavesaiofficial 🤝Waves acts as a Cultural Oracle, turning audience data and social trends into actionable on-chain metadata → providing the “map” for how communities and content…

A surge in staking activity from mega-ether holder BitMine Immersion (BMNR) is straining the Ethereum network, sending the wait time to become a validator to the longest since mid-2023. There’s more than 2.55 million in ether ETH$3,278.43 – worth roughly $8.3 billion – currently waiting to be activated, translating into an estimated wait time of over 44 days before new validators can begin earning staking rewards. That’s the biggest backlog since late July 2023, only a few months after Ethereum fully implemented its proof-of-stake mechanics and enabled withdrawals. Validator exit and entry wait times (ValidatorQueue.com) The Ethereum network uses validators…