Author: NBTC

CESS, a leader in decentralized storage solutions, took part in the Blockchain Association’s Use Case Fly-In on Capitol Hill in Washington, D.C. The event brought together leading blockchain industry players to showcase real-world applications of decentralized technology to policymakers. With prominent participants like IoTeX, Consensys, Electric Coin Co, Pyth Network, and Filecoin Foundation, the seminar provided a platform for discussing how blockchain is transforming various industries. CESS took this opportunity to highlight its decentralized storage solutions, demonstrating the essential role of secure, scalable, and efficient data management in the evolving digital economy. The Significance of the Event The BA’s Blockchain…

Strategy, formerly MicroStrategy, may be preparing to offload part of its extensive Bitcoin (BTC) holdings as it faces growing financial pressures. According to a recent U.S. SEC filing, the company, led by Michael Saylor, faces a complex mix of declining Bitcoin prices, growing debt, and weakening cash flow. What Did Strategy Disclose to the SEC? In an 8-K report to the SEC, Strategy revealed it might be forced to sell Bitcoin if it cannot secure new equity or debt financing. The document noted that unfavorable market conditions could force the sale of Bitcoin below its original purchase cost for some…

This week’s tariff-inspired market meltdown has led to a rapid sell-off across crypto-assets, with BTC trading below $80K and ETH hitting a two-year low of $1,432. The decentralized finance (DeFi) sector was not entirely immune to the chaos as total value locked (TVL) slumped to its lowest point since November at $95 billion. But it wasn’t all bad news for DeFi. Amidst plunging asset prices, DeFi showed resilience with muted outflows with key usage metrics faring far better than the price of ETH, the asset that underpins much of Ethereum’s DeFi ecosystem. TVL on Aave, the largest DeFi protocol, rose…

Ethereum price started a fresh increase above the $1,600 zone. ETH is now up nearly 15% and might attempt a move above the $1,680 zone. Ethereum started a decent increase above the $1,550 and $1,600 levels. The price is trading above $1,550 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,470 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $1,680 resistance zone and might correct some gains. Ethereum Price Jumps Over 12% Ethereum price formed a base above $1,380 and started a fresh…

The United States is a world superpower, but for the first time in a long time, we can start to consider signs of slippage. The US is not just a military might; it has one of the world’s largest consumer markets, with imports that reach over $3 trillion annually. Countries hit by tariffs announced on April 2, 2025, are now scrambling to find alternatives or reduce their dependence on the US consumer markets. For example, China, which exported up to $560 billion to the US in 2024, the EU, which exported $576 billion, and Canada with its $421 billion in…

Remember the old days when calling or sending a message via text outside the country cost money? With the help of modern messaging apps like WhatsApp, paying for cross-border calls and texts is now obsolete. For money transfers, stablecoins might do just that: democratize the payments industry by eliminating historical gatekeepers, says venture firm Andreessen Horowitz (a16z). “Just as WhatsApp disrupted costly international phone calls, blockchain payments and stablecoins are transforming global money transfers,” the firm said in a blog post on Wednesday. The current global payment infrastructure is a complex web involving points of sale, payment processors, acquiring banks,…

SoonChain, an AI-led L2 gaming platform, has recently announced its latest partnership with Aperture Finance, a leading AI-driven DeFi platform. The partnership denotes a noteworthy development to drive integration of DeFi in gaming by using AI-led tools. The platform took to social media to reveal this collaboration. New AI Partnership Announcement📢We’re excited to announce the partnership with @ApertureFinance , the AI-powered pioneer with native solver network to enhance users’ DeFi experience! pic.twitter.com/Qj5FnuJSN5 — SoonChain 🟦 Testnet🔛 (@soonchain_ai) April 9, 2025 SoonChain Partners with Aperture Finance to Advance DeFi-Gaming Integration via AI Tools SoonChain’s partnership with Aperture Finance intends to develop…

The crypto markets continue to grow as Centralized Exchanges (CEXs) gain momentum. Recently, Phoenix Group reported that Binance saw the largest weekly trading volume compared to other centralized exchanges, with $94.8B. It also recorded a 24-hour volume of $23.42 billion, ahead of its competitors. In second place, Gate.io had a 7-day volume of $27.0 billion and a 24-hour volume of $4.41 billion. TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Binance #GateIo #Coinbase #OKX #Cryptocom #Bitget #Bybit #MEXC #Upbit pic.twitter.com/cHmDEezHLr — PHOENIX – Crypto News & Analytics (@pnxgrp) April 9, 2025 In third and fourth positions were Coinbase with $17.7 billion…

As bitcoin’s valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per second (PH/s) of mining capacity, receding to $40—the network’s computational muscle has paradoxically swelled to a historic peak. Bitcoin Hashrate Hits Historic High Amid Price Plunge This stretch has proven arduous for bitcoin miners, with earnings contracting sharply. On April 2, coinciding with former President Donald Trump’s unveiling of expansive trade tariffs, hashprice hovered at $48.45 before cascading to its current $40 per PH/s. Compounding the strain, the mining complexity metric vaulted 6.81% just four days prior at block 891,072,…

Melbourne-based ShareRing has been tapped as the first digital identity provider to begin testing its tech for the Australian government’s US$4 million verification technology trials approved late last year to enforce social media restrictions for underage users. The blockchain firm will launch a pilot program with school students in Darwin, testing its self-sovereign identity platform that allows users to safely and securely provide age verification while keeping control of their personal data. Trials are set to begin next week as Australia looks to implement new legislation by December, banning children under 16 from creating social media accounts, with platforms facing…