Author: NBTC
Three years after Ethereum’s London Hard Fork aimed to curb supply growth, the network remains inflationary, defying initial deflationary promises. Ether’s Deflation Promise Continues to Remain Unmet As of April 13, 2025, Ethereum’s net ETH supply has grown by 0.805% annually since the London Hard Fork in August 2021, with 3,477,830.85 ETH added to circulation. Despite burning 4,581,986.52 ETH via EIP1559’s fee burning mechanism—a cornerstone of the upgrade—the burn rate has failed to consistently offset new issuance. Since August 2021, $7.3 billion worth of ethereum ( ETH) has been burned. Bitcoin, over the same three-year, eight-month period, recorded a higher…
The leading cryptocurrency projects measured by Total Value Locked (TVL) growth during the week indicate an uptrend. The analytical report examines projects whose user engagement and liquidity levels have increased. Phoenix, a crypto analytical platform, revealed the stats through its official social media platform, X account. TOP PROJECTS BY WEEKLY #TVL GROWTH#Spark $THL $EOS $SAROS $DF #pumpfun $USUAL $SEAM $LON $FLUID $EQUAL $ZEUS $QUICK $TURBOS $SCLP pic.twitter.com/ydydF5jOX7 — PHOENIX – Crypto News & Analytics (@pnxgrp) April 6, 2025 Leading Projects by TVL Surge Spark secured the leading position by achieving a total value-locked gain of 68.3% during the week. With…
Coinbase Prime, the institutional arm of the popular cryptocurrency exchange, has announced it will end custody support for 49 altcoins by the end of this month. The move will affect a range of lesser-known tokens. These include assets associated with niche blockchain projects and even real estate-related tokens. 49 Altcoins Lose Custody Support on Coinbase Prime The decision was made public in an April 14 post on X (formerly Twitter). “We regularly evaluate the assets we support to ensure they continue to meet our standards. Based on recent reviews, Coinbase Prime will end custody support for 49 assets, effective the…
Ethereum price started a fresh increase above the $1,580 zone. ETH is now consolidating gains and might aim for more gains above $1,665. Ethereum started a decent increase above the $1,580 and $1,620 levels. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,665 resistance zone. Ethereum Price Gains Pace Ethereum price formed a base above $1,500 and started a fresh increase, like…
“Let’s stay focused on the exciting upgrades ahead, as there’s so much happening in the Shiba Inu ecosystem.” This was the key message from Lucie, the marketing specialist of the Shiba Inu team, as she shared an update with the community, highlighting the project’s ongoing progress. This follows increased negativity in the community amid ongoing market turmoil. However, with significant advancements on the horizon, the team is concentrating on the upcoming upgrades to Shibarium and ShibOS, which will shape the future of the Shiba Inu project. Lucie emphasized the importance of staying positive and focused on progress, urging everyone to…
Binance users will not be able to make deposits and withdrawals on the BNB Smart Chain as it will be suspended temporarily while the platform carries out wallet maintenance. According to a recent announcement, the major crypto exchange plans to perform wallet maintenance on the BNB (BNB) Smart Chain starting from April 17 at 06:00 UTC. As a result, the network will be down temporarily as repairs are being made. This means that users will not be able to make deposits and withdrawals for the BNB Smart Chain for the time being. The temporarily suspension will take place five minutes…
On Apr 8, 2025, Scott Melker, a host of the podcast The Wolf of All Streets, made a bold claim in his daily newsletter called The Wolf Den. He called the co-founder of Strategy, Michael Saylor, known for his multi-million Bitcoin purchases, one of the worst traders in modern history. Melker provided reasoning for this, but… is he serious? Why does Melker say Saylor is a bad trader? Actually, Melker gave Saylor’s trading talents such a low grade only to outline a bigger topic of fundamental inability to time the market. But first things first. As of Apr 8, Strategy…
Ethereum reclaims support as demand and buying pressure increase across retail and whale wallets. Exchange outflows rise, signaling accumulation and strong interest in long positions. A breakout to $1,810 is likely if bullish momentum continues above $1,758 resistance. Ethereum — ETH, seems to be warming up for a breakout. After bouncing back from the recent market dip, the price now sits around $1,610—up 2.36% in a single day. That might not seem huge at first glance, but the signs behind the scenes are pointing toward a bigger move. Bulls are stepping in. Whales are getting quiet. And buyers across the…
Hayden Davis, one of the creators of the LIBRA token that caused a political scandal in Argentina, is still cashing out millions from his high-profile memecoin launches, according to a prominent crypto analyst. On April 4, crypto scam investigator Dethective caught Davis cashing out $1 million in profits from the launch of Melania Trump’s MELANIA memecoin. According to Dethective, the funds, made up of USDT and USDC, were sent to the MEXC, Bitfinex, and Kraken crypto exchanges. A day later, Dethective noticed Davis cashing out another $500,000 in Melania token profits. Read more: Javier Milei disapproval rate hits 60% in…
HTX Exchange has published its report for Q1 2025, stating that it has collected a +210% increase in net crypto deposits compared to the previous quarter. Despite the general bear market since the beginning of the year, the platform has recorded a 116% increase in new users. HTX Exchange and the Q1 2025 performance: +210% in net crypto deposits HTX Exchange and the performance of Q1 2025: the momentum of the crypto platform Justin Sun and his strategies HTX Exchange and the Q1 2025 performance: +210% in net crypto deposits HTX Exchange has published its Q1 2025 report with several…