Author: NBTC
Ripple Labs is rapidly expanding its role in the Middle East’s fintech ecosystem. The company held high-level talks with United Arab Emirates (UAE) officials at the Dubai Fintech Summit this week. The central theme of the discussions was to boost digital payment infrastructure and accelerate blockchain-driven financial innovation. Ripple President Monica Long led the company’s delegation, who emphasized the company’s growing commitment to the region. This latest meeting signals Ripple’s long-term investment in the UAE’s fast-evolving digital economy. 🚨TODAY: Ripple held talks with UAE officials to explore digital payment infrastructure and boost financial innovation. pic.twitter.com/NufxGlG5IC — Investing Broz (@InvestingBroz) May…
Immutable recorded steady growth in daily network usage in the first quarter of 2025. According to research by crypto analytics firm Messari, average daily transactions on Immutable zkEVM rose by 5.7% quarter-over-quarter, increasing from around 469,000 to 498,000. The growth is notable as it came during a broader downturn in the Web3 gaming space. Immutable zkEVM, a Layer-2 scaling solution for Ethereum, continues to play a key role in supporting blockchain-based games and NFT transactions. Immutable Chain Merger Scheduled for 2025 According to the report, Immutable is preparing to merge its two core networks, Immutable X and Immutable zkEVM, into…
Bitcoin saw the addition of over 344,00 new wallets yesterday, May 8, signaling rising retail activity as price reached a nine-month peak. Bitcoin recorded a sharp surge in price between May 6 and May 9, 2025, climbing from under $94,000 to touch $104,000. The move followed a brief consolidation phase seen from May 3 to May 5. However, the recent price jump was not isolated. Data from Santiment, CoinGecko and SoSoValue reveals that wallet growth, user participation, and derivatives market dynamics significantly contributed to the acceleration. Record-Breaking Wallet Growth While Bitcoin price spiked through $103,000, a total of 344,620 new…
AI infrastructure provider CoreWeave has clocked revenue figures five times greater than those seen in the previous year, driven by mounting demand for computing power in the sector.In the company’s first earnings report since going public in March, released Wednesday, CEO Mike Intrator said CoreWeave is “scaling as fast as possible” to meet “accelerating” needs for the booming AI sector. The New Jersey-based AI builder brought in $981.6 million in revenue for the first quarter this year, up roughly $793 million from 2024, according to its earnings report. CoreWeave’s stock (NASDAQ: CRWV) closed higher on the day, up 6.6% to…
The team behind the Melania meme coin has made another token selloff and dumped 9.99 million $MELANIA tokens worth approximately $4.65 million over the past eight days. According to on-chain analyst Ember CN, these sales were conducted through “unilateral liquidity and DCA (dollar-cost averaging) methods.” This continues an overall selling pattern that started over a month and a half ago. You might also like: Pepe rejection likely before bullish continuation? key levels to watch. MELANIA team nets 170,000 Solana Since March 16, the project team has transferred 41.675 million MELANIA (MELANIA) tokens from community and liquidity addresses and started converting…
With Bitcoin returning above $100,000, Binance’s Changpeng Zhao has outlined a golden rule that holders must adhere to in order to lock in good returns. The flagship cryptocurrency reclaimed $100,000 on Thursday, extending its recent top form. Notably, the rally has induced ecstasy in the crypto community, replacing the fears and panic seen in the market a few weeks back when Bitcoin dumped below $80,000. Changpeng Zhao, the co-founder of Binance, acknowledged this mood shift in a recent X post, advising enthusiasts on how to stay profitable in the crypto market. He stated that Bitcoin is easy if you “just…
Brazilian government officials are considering issuing Panda Bonds, the nation’s first sovereign bonds denominated in Chinese yuan, as new regulatory measures are implemented on transfers of stablecoins. This follows Brazil’s central bank’s suggestion of stricter regulation of stablecoin transfers as part of the new regulatory framework. Brazilian officials are considering issuing Panda Bonds Brazil’s financial approach would change significantly; the potential introduction of yuan-backed sovereign bonds reflects the country’s effort to diversify its financial partnerships and reduce reliance on traditional Western financial systems. Panda bonds are a specific type of bond or debt security company outside China’s mainland that sells…
Whale amasses 627.73M HIPPO tokens, becoming top holder outside centralized exchanges Over $600M in HIPPO tokens moved to one wallet from Bitget, Gate.io, and MEXC Token transfers spark speculation over internal strategy, liquidity setup, or custody changes Over the past two days, a series of large HIPPO token movements has captured the crypto market’s attention, with more than $600 million worth of tokens consolidated into a single wallet. These transactions, confirmed through blockchain data, originate from multiple centralized exchanges and have sparked speculation about internal reallocation strategies, custodial shifts, or undisclosed plans by affiliated parties. The wallet at the center…
Bitcoin (BTC) has decisively pushed past the $103,800 threshold, a first since January and putting a definitive end to weeks of sideways consolidation. This upward drive is mirrored by a notable rise in network engagement. Blockchain analytics firm Santiment reports over 344,620 new Bitcoin wallets created, a clear sign of heightened interest, potentially driven by FOMO. 📈 Bitcoin’s network saw 344,620 new wallets be created on its network as FOMO poured in. Crypto’s top market cap asset has silenced bears, reaching a high of $103.8K for the first time since January. 👀 pic.twitter.com/hai245lQJz — Santiment (@santimentfeed) May 9, 2025 Bitcoin…
Franklin Templeton gets the regulatory green light to launch its first tokenized fund in Singapore. The fund boasts a $20 investment minimum for retail investors. According to a report from Tech in Asia, the U.S.-based global investment management firm is gearing up to launch the first tokenized fund available to retail investors in Singapore. The firm has recently received regulatory approval from the Monetary Authority of Singapore, the nation’s financial watchdog. Shares from the tokenized fund will be issued and managed through the investment firm’s blockchain-integrated transfer agency platform. The report did not mention exactly when the fund will be…