[ad_1] Bitcoin ($BTC) ecosystem is currently presenting a promising scenario for bullish traders. As per the well-known crypto analyst going by “Axel Adler Jr,” long-term Bitcoin holders have decreased their total exchange inflow by only 1.1%, highlighting a least selling pressure. The crypto analyst took to social media to disclose the minimal selling pressure among the long-term $BTC holders. Long-term holders have eased their selling pressure on exchanges to just 1.1%. Should this decrease by another 0.1%, we’ll see a yellow bar indicator, signaling virtually no selling pressure in the market. We observed the highest LTH selling when Bitcoin reached…
Author: NBTC
[ad_1] Developer activity is considered to be a key metric in gauging the long-term potential and health of blockchains. As per the data from the crypto data intelligence platform Santiment, iExec RLC ($REC), Internet Computer ($ICP), and ChainLink ($LINK) are the top blockchains in terms of developer activity over 30 days. The other names in the top-10 list take into account Starknet ($STRK), Optimism ($OP), Cardano ($ADA), Sui ($SUI), DeepBook Protocol ($DEEP), Ethereum ($ETH), and zkSync ($ZK). iExec RLC ($RLC) Dominates Top 10 Chains by Developer Activity The top player among the blockchains in the case of developer activity is…
[ad_1] Russian regions where crypto mining is partially or fully prohibited are likely to grow in number with another three asking for Moscow’s permission to adopt a ban. A government commission is going to review the latest requests next month but authorities have already curbed coin minting activities in at least a dozen regions of the Russian Federation. More Russian regions want to ban crypto mining Bitcoin miners in another three regions of Russia are bracing for a ban that local officials want to see imposed on their operations. The news comes ahead of a meeting of a government commission…
[ad_1] Malaysia is accelerating its push into blockchain, holding discussions with Binance’s founder as it aims to become Southeast Asia’s leading hub for tokenization and digital finance. Binance Founder Joins Forces With Malaysia to Supercharge Blockchain Agenda Malaysian Prime Minister Anwar Ibrahim announced a strategic engagement with Binance founder and former CEO Changpeng Zhao (CZ) on April 22 via social media platform X, signaling Malaysia’s ambitions to play a central role in the blockchain and digital assets space. The meeting, described as “productive” by Anwar, focused on the nation’s potential to emerge as a regional hub for the digital economy.…
[ad_1] In a recent social media post, Strategy founder Michael Saylor stated that Bitcoin has no counterparty risk. “No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos,” he said. This echoes the point that Saylor made during his appearance on CNBC in late 2024. He stated that the leading cryptocurrency was suitable for those investors who did not want to be a counterparty to “a country, a currency, a city, a company, a commodity, or a culture.” Being exposed to counterparty risks means that the other party might fail to fulfill its obligations. Meanwhile,…
[ad_1] BNB Chain leads stablecoin activity with 12 million active USDT wallets in 30 days. TRON, Polygon, and Ethereum trail behind as BNB Chain becomes users’ top stablecoin choice. BNB burns 1.57 million tokens worth $916 million to reduce supply and increase value. BNB price rises 2% to $604, while RSI near 48.57 signals a beginning of bullish trend, Binance BNB Chain is quietly stealing the spotlight. Over the past month, it has become the number one choice for people using USDT (Tether), the world’s most popular stablecoin. With nearly 12 million active wallets, BNB Chain has now taken the…
[ad_1] Galaxy Digital (GLXY) said it deepened its strategic partnership with CoreWeave (CRWV), reinforcing its ambitions in the fast-growing artificial intelligence (AI) and high-performance computing (HPC) data center industry. Under a new agreement, CoreWeave will gain access to an additional 260 megawatts (MW) of critical IT load at Galaxy’s Helios data center campus in West Texas, bringing the total committed capacity for AI and HPC operations at the site to 393 MW. The move marks another shift by Galaxy away from bitcoin mining, with the Helios campus acquired from Argo Blockchain in 2022 moving toward becoming a cornerstone for next-gen…
[ad_1] Kadena’s Chainweb EVM represents a groundbreaking initiative that integrates Ethereum Virtual Machine (EVM) compatibility into its scalable multi-chain network. Announced on April 3, 2025, this development positions Kadena as a decentralized alternative to Ethereum Layer 2 solutions, addressing scalability, cost, and efficiency challenges. With near-zero gas fees, infinite scalability, and robust security, Chainweb EVM is drawing attention from developers and industry observers. This article examines the key features, benefits, and implications of Kadena’s Chainweb EVM, providing insight into its potential to transform the blockchain landscape. What is Chainweb EVM? Chainweb EVM is Kadena’s effort to enhance its multi-chain network…
[ad_1] A seasoned crypto whale experienced a dramatic financial turnaround – albeit briefly – trading $Fartcoin. Lookonchain data shows this investor, once facing a $701,000 loss on the coin, secured a $127,000 profit by selling 2.69 million tokens for $2.47 million at $0.92 each. However, the euphoria didn’t last long. The trader reinvested almost $1.98 million, purchasing 2.22 million $Fartcoin at $0.89 using 14,725 $SOL. Unfortunately, the token’s retracement has now pushed the whale back into the red, currently down $297K. This whale flipped the script — turned losses into gains.He sold 2.69M $Fartcoin($2.47M) at $0.92 3 hours ago, making…
[ad_1] Polygon Labs is moving electric motorcycles on-chain in Dubai—and India might be next. The Ethereum Layer-2 scaling solution has teamed up with sustainable infrastructure startup Pyse to tokenize a fleet of electric delivery vehicles in Dubai, using Polygon’s blockchain to anchor asset ownership and real-time data collection. A new era of RWAs is here, and it starts with EV bikes. Here’s why it matters 🧵<1/12> pic.twitter.com/dJ5MVVReGE — Pyse (@PyseEarth) April 23, 2025 Polygon’s latest foray into tokenized infrastructure seeks to combine stable, revenue-generating electric vehicles with dynamic data monetization, while laying the groundwork for a major expansion into India’s…