Author: NBTC
Leading cryptocurrency Bitcoin experienced sharp declines amid increased economic uncertainty following US President Donald Trump’s tariff announcement. Despite these declines, Bitcoin (BTC) has held firm at $82,000, outperforming most technology stocks. While Bitcoin’s strong stance strengthens analysts’ bullish expectations, Standard Chartered announced its new analysis. Noting that Bitcoin has outperformed most technology stocks and remained strong during the recent market sell-off, Standard Chartered called Bitcoin a strongman. The bank, which advised investors to HODL, predicted that BTC could rise to as high as $88,500 this weekend. As the sell-off in traditional financial markets continues due to Trump’s tariffs, Bitcoin has…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Autonomous AI agents are already helping us automate complex tasks, from trading crypto and executing DeFi trades to optimizing cloud compute, thinking and acting independently, responding to high-level instructions without constant human input. Imagine telling an AI agent, “Order the cheapest large pepperoni pizza in the area and have it delivered to me.” The AI would then go off, search for the best price, make the purchase, and arrange for delivery. You might also like: AI’s trust…
Crypto is entering the next stage of its evolution, but it’s not driven by hype or surging retail volumes, according to Ayesha Kiani, Chief Operating Officer at MNNC Group. Speaking during a Bloomberg TV interview over the weekend, Kiani said that while institutional interest is growing, participation remains cautious and calculated. MNNC Group is a quantitative digital asset investment firm. She said she is seeing demand for stablecoin buying along with Fortune 500 companies adding Bitcoin (BTC) or stablecoins on their balance sheets. Meanwhile, many firms are exploring blockchain infrastructure for decentralizing internal data operations, implying the sector has evolved…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. It’s been three weeks since Solana’s validators failed to pass SIMD-0228, a governance proposal that aimed to shift Solana’s issuance to a market-based mechanism and reduce inflation in the process. But while validators — who earn their keep partly from Solana inflation — voted the measure down, issuance still doesn’t feel like a settled question. With the implementation of SIMD-0096, which got rid of Solana’s priority fee “burn,” the network also lost a disinflationary mechanism, and many ecosystem participants feel that the network is “overpaying” for economic…
Scroll co-founder Ye Zhang criticized proposals to impose fees on Ethereum rollups, arguing they would harm long-term growth for short-term revenue. Ye Zhang, co-founder of the layer-2 smart contract platform Scroll, slammed the idea of charging fees on Ethereum rollups, calling it “one of the most toxic ideas for Ethereum’s future.” In a series of posts on X, Zhang argued that this approach would sacrifice “long-term scalability and ecosystem growth for short-term revenue,” adding that measuring ETH’s (ETH) value by Ethereum’s revenue “misses the point.” 1/6 Tariffing L2s is one of the most toxic ideas for Ethereum’s future. It trades…
CME Group (CME) saw record activity in its cryptocurrency derivatives markets during the first quarter of the year, driven by increased interest in micro-sized contracts. The company reported average daily volume of 198,000 contracts for crypto products, representing $11.3 billion in notional value. It pointed to record highs across its micro ether futures, with 76,000 contracts being traded, as well as its BTC and ETH futures contracts with a volume of 18,000 and 13,000 contracts, respectively. Trading in micro bitcoin futures also stood out with a 113% year-over-year increase, hitting 77,000 average daily volume (ADV).The company’s cryptocurrency contracts were already…
The US 10-year Treasury yield has fallen below 4% for the first time since October. This signals a potential shift in Federal Reserve (Fed) policy, sparking renewed interest in Bitcoin (BTC) and other risk assets. Treasury Yields and Bitcoin: A Risk-On Rotation? As highlighted by financial markets aggregator Barchart, this decline reflects growing economic uncertainty. Specifically, it suggests rising recession fears and increasing speculation that the Fed may pivot to rate cuts sooner than expected. US 10-Year Treasury drops below 4%. Source: Barchart on X A drop in Treasury yields reduces the attractiveness of traditional safe-haven assets like bonds, often…
Avara, the parent company of decentralized finance (DeFi) platform Aave, has announced the arrival of Lens Chain mainnet, a fast and inexpensive Ethereum overlay blockchain for developing decentralized social media applications. There are now several blockchain-oriented, or “Web3,” startups looking to provide users with an alternative to the giant, centralized social media companies like Facebook and Elon Musk’s X (formerly Twitter). To offer better alternatives to existing social media giants requires a fertile protocol level, according to Avara CEO Stani Kulechov. This means offering a developer-friendly layer 2 environment, propelled by composable features designed to unleash the economic potential of…
The price of Bitcoin fell to a two-week low on Monday before recovering some losses, as other major cryptocurrencies also seesawed two days ahead of U.S. President Donald Trump’s deadline to impose steep tariffs. The leading digital asset edged up 1% to $83,465, according to crypto data provider CoinGecko. Ethereum, the second largest crypto by market capitalization, rose 1.1% to about $1,840, while Solana, the sixth largest, climbed 1.4% to over $125. The upturn comes as investors look toward April 2, when Trump plans on announcing the tariffs in a ceremony scheduled for the White House Rose Garden. The crypto…
When Ethereum’s hottest startup of last year, EigenLayer, launched a year ago to massive expectations — many community members were quick to criticize that it was lacking a critical feature. An announcement from the project on Wednesday said that the feature — slashing — is finally set to arrive on April 17. The introduction of slashing will mark the first “feature complete” version of the protocol. EigenLayer pioneered the concept of restaking, a way for Ethereum users to secure additional protocols beyond the base layer by recommitting their staked Ether. Slashing was supposed to be a core part of this…