Author: NBTC
Charles Hoskinson, the founder of Cardano, has shared insights into Midnight Network’s utility in relation to the strategic partnership with Brave Wallet. Hoskinson explained that Cardano could add value to two parts of Brave’s business model. Cardano’s Midnight to power privacy in Brave’s ecosystem Hoskinson said the Cardano Midnight zero-knowledge (ZK) platform could support Brave Ads and Brave VPN. He noted that the privacy-focused web browser could earn from integrating these two into its business model. Brave could earn crypto from the Basic Attention Token (BAT) ecosystem, as ads can prove a major deal. Additionally, the VPN component involves the…
Burwick Law is seeking potential claimants as it prepares to launch legal action against Believe, a crypto firm and app that was allegedly used to scam retail buyers. The Believe app is part of the so-called “Internet Capital Markets” trend, which allows anybody to raise capital by tokenizing ideas, products, or communities. Believe lets users launch tokens and link them to a project simply by tagging its affiliate X account, “@launchcoin.” However, despite this apparently simple premise, Burwick Law argues, “So-called ‘Internet capital markets’ promise frictionless token launches, yet many offerings arrive with minimal disclosures and little regard for consumer…
The publicly listed retail investment platform eToro (NASDAQ: ETOR) has introduced a recurring investments feature for users in the UK, Europe and the UAE, allowing customers to automate regular asset purchases as part of the company’s expanded long-term investing toolkit. According to the press release sent to FinanceMagnates.com today (Tuesday), the new functionality enables users to schedule automated purchases of stocks, ETFs, and cryptocurrencies at predetermined intervals, removing the need for manual order placement. This new offering comes as eToro’s Retail Investor Beat survey found that 45% of retail investors use recurring investments to maintain consistent, smaller contributions to their…
Bitcoin continues to trade just below the $96K resistance, consolidating after its sharp rally in late April. The price is currently hovering in a narrow range while the market digests recent gains. Momentum has slightly cooled off, but no major bearish reversal signs have emerged yet. Technical Analysis The Daily Chart BTC remains in an overall bullish structure on the daily timeframe, holding above the $91K support and both the 100 and 200-day moving averages. After breaking through the $90K–$91K range, the asset is now testing the $95K resistance zone, which also aligns with the neckline of the previous consolidation.…
As BTCfi takes off, Global crypto exchange OKX is launching xBTC on the Sui network. xBTC is a new BTC asset that lives on-chain but is minted directly from the OKX Exchange. It combines CeFi security with DeFi accessibility, and it is one of only three chains selected for the debut. The major move comes when Bitcoin is hovering just short of 3% from its all-time high (ATH) of $109K. BTC’s price has surged by more than 21% over the last 30 days, reflecting that more investors are jumping in. However, the Fear and Greed Index flashes “Greed” sentiment among…
Ethereum has recently outpaced Bitcoin in growth, leading to a sharp rise in the ETH/BTC trading pair. This surge has sparked hopes of an upcoming altcoin season. However, a closer look at historical data suggests that these expectations may be premature. The Breakout That Imbued Hope The ETH/BTC pair has recorded its first breakout since December 2024. For the first time in five months, the pair posted a higher low, which is generally considered a sign of an uptrend. This breakout is significant, marking a 34% rise in just one week. Such a rise hasn’t been seen in almost three…
JPMorgan CEO Jamie Dimon warned on Monday that Wall Street and central banks are not fully recognizing the growing risks from record U.S. budget gaps to tariffs and tense global politics. According to a CNBC report, the veteran chief executive and chairman warned that rising prices and the chance of a recession are a bigger threat than the stock market shows. Speaking at the bank’s annual investor day in New York, Dimon said, “We have huge deficits; we have what I consider almost complacent central banks”. He added, “You all think they can manage all this. I don’t think they…
Ethereum leads the stablecoin transaction size list with a $68K average per transfer. Mantle and Sui surpass Ethereum L2 network, Arbitrum and Optimism, in average transfer volumes. Base hits an all time high with $3.81 trillion in stablecoin volume in Q1 2025, and over 915K active users. Ethereum (ETH) now tops all blockchains with an average stablecoin transaction size of $68,000, as reported by CryptoRank.io. This leading position in large-value stablecoin movements for Ethereum is notable as ETH itself has seen recent market strength, influenced by its Pectra upgrade and broader trends set by Bitcoin. As of press time, ETH…
Howard Lutnick has given up control of Cantor Fitzgerald, ending over 30 years of leadership at one of Wall Street’s most well-known firms. On Monday, Cantor confirmed that Howard transferred his entire stake in the company to his children and a group of outside investors. The decision comes after his February 24 swearing-in as Commerce Secretary under President Donald Trump, and it fulfills ethics rules requiring officials to cut financial ties that might create conflicts of interest. According to Reuters, the stake is going into trusts for Howard’s adult children, with control resting in the hands of his son Brandon…
Blum, a fast-growing cryptocurrency project, has shared an update regarding its highly anticipated Token Generation Event (TGE). The announcement comes as the project continues to engage with its community, addressing concerns about the timeline for its token launch. In a recent X post, the platform clarified its ongoing efforts to ensure a successful TGE, emphasizing its commitment to delivering user value. Blum’s Official Update on TGE Preparations The Blum community has been eagerly awaiting the TGE, which was initially projected to occur in spring 2025. In its latest statement, the company acknowledged the influx of questions from users, adding that…