Author: NBTC
Whales are using the dip to aggressively buy Ethereum, even as the top altcoin’s dominance falls to historical lows of 8%. Like many other altcoins, Ethereum (ETH) remains largely weak as sell-off pressure for risk assets continues. Tariffs are a major factor in this environment, which has Bitcoin (BTC) choppy and equities wobbly. Ethereum’s price has dropped 46% in the past year, significantly underperforming Bitcoin. According to crypto analyst Rekt Capital, ETH dominance has steadily decreased since June 2023, falling from 20% to 8%. However, the analyst says Ethereum has historically seen its market cap dominance bounce whenever it falls…
On Tuesday, Rep. Keith Ammon addressed a New Hampshire House Ways and Means Committee on House Bill (HB) 302, which would permit the state’s treasurer to invest in bitcoin. In speaking to the committee, he brought up the United States’ excessive debt and made the case for the state of New Hampshire to invest in bitcoin as a means to mitigate the ravaging effects of inflation. As I listened to his petition, I got the sense that Rep. Ammon was a dyed-in-the-wool Bitcoiner, someone inside of the system doing his best to get members of the legislature of the state…
In a major initiative, VanEck has filed to establish an exchange-traded fund (ETF) that would track the performance of BNB, the native token of Binance Smart Chain. The filing seeks to establish a trust in Delaware ahead of a formal filing with the U.S. Securities and Exchange Commission (SEC). The filing is currently in the pre-filing stage, but the potential upcoming approval could be the first of its kind in the United States. VanEck has already established itself in the cryptocurrency ETF space, notably with approved funds for Bitcoin and Ethereum, which launched in early 2024. These successes reflect growing…
Ethereum shows strength with solid support at $1,800 in a volatile market. High-volume sessions drive price spikes higher, with highs of $1,875 during active trading. Consolidation phases exhibit steady upward pressure as the price increases from $1,830 to $1,865. Ethereum’s price action recorded multiple phases of upward and downward trends throughout the latest trading session. Candlestick charts displayed precise data on price fluctuations, trading volume, and interval-specific performance. Price Movements and Volume Activity The chart shows consistent price movements, including bullish, bearish, and consolidation phases within hourly intervals. Trading activity remained robust, with high-volume sessions driving notable price changes. Breakout…
Genius Group, an AI-powered education company, announced today that it must sell its Bitcoin holdings after a US court order blocked the company from selling shares, raising funds, or purchasing Bitcoin. Genius Group has been forced to reduce its Bitcoin holdings from 440 to 430 Bitcoin following a preliminary injunction granted by the US District Court Southern District of New York on March 13. The court order comes amid ongoing legal proceedings between Genius Group and parties associated with Fatbrain AI. Genius Group initiated arbitration in October 2024 to terminate its Asset Purchase Agreement (APA) with Fatbrain AI. In December,…
The Aptos Foundation has made a strategic investment in Universal Health Token (UHT), the innovative team behind the Proof-of-Health protocol. The goal is to support and advance blockchain and AI in global healthcare solutions. Aptos and the investment in Universal Health Token: blockchain and AI at the service of healthcare Aptos for decentralized healthcare Bitwise and the application for spot APT ETF Aptos and the investment in Universal Health Token: blockchain and AI at the service of healthcare The Aptos Foundation has made a strategic investment in Universal Health Token (UHT), to support and advance blockchain and AI in global…
Ethereum’s transaction fees have dropped to their lowest point over four years, marking a significant shift in on-chain activity. The decline comes as the network faces mounting challenges, including falling market performance and weakening fundamentals. Ethereum Faces Declining Fees and Inflation Concerns According to IntoTheBlock, Ethereum’s total transaction fees dropped by nearly 60% in Q1 2025, falling to roughly $208 million as of April 4. The firm noted that this was their lowest level since 2020. “Total ETH fees decreased to their lowest level since 2020 this quarter, primarily driven by the gas limit increase and transactions moving to L2s,”…
New research from venture capital firm Trammell Venture Partners (TVP) highlights continued growth in bitcoin native startup activity, with nearly $1.2 billion raised by early-stage companies between 2021 and 2024. Despite a broader downturn in crypto and tech venture capital markets during 2023 and 2024, Bitcoin-specific startup formation and funding showed resilience, particularly at the Pre-Seed stage. According to the 2024 edition of TVP’s Bitcoin-Native Venture Capital Landscape Research Brief, Bitcoin Pre-Seed startup transaction volume rose 767% compared to 2021, signalling a maturing and sustained venture category. In 2024 alone, Pre-Seed transaction counts increased 50% year-over-year, while the overall deal…
Shardeum is gearing up to launch its mainnet on April 15. The protocol has previously announced that it will be airdropping the mainnet’s native token, SHM on April 13. The world’s first Ethereum (ETH) Virtual Machine-based autoscaling network is preparing to unveil its mainnet this month, following the launch of its native token SHM. The protocol announced the mainnet’s launch date in a recent post on its official X account. “Shardeum, building the world’s first EVM-based autoscaling blockchain, is launching its mainnet on 15th April 2025,” wrote the protocol in a recent post. Official Announcement🥳Shardeum, building the world’s first EVM-based…
A New York-based law firm has put out a call for victims of the Libra (LIBRA) meme coin scandal—which involved Argentine President Javier Milei—to step forward ahead of a potential lawsuit against the creators and supporters of the Solana-based token. The Treanor Law Firm has been investigating the controversial Argentina-linked token since the high-profile February launch, and believes there may be validity to allegations of fraud, market manipulation, and racketeering. Connecting with Libra investors is the next step in this investigation ahead of any future lawsuit that may follow. The Viva La Libertad Project and its LIBRA token launched on…