Author: NBTC
Cryptocurrency analyst Ali Martinez (known on the X social media platform as @ali_charts) has shared recent on-chain data, showing an astounding cumulative movement of nearly 1,000,000 ETH coins over the past 30 days. Almost 1,000,000 ETH absorbed by whales The Glassnode chart shared by Ali in his tweet shows the overall ETH supply stored by centralized crypto exchanges. According to it, from April 6 to now, this overall Ethereum amount has seen a drastic decline from 18,015,519 ETH to 17,097,203. Thus, nearly one million coins have been withdrawn from exchanges. These withdrawals aligned with the Ethereum price gradually rising from…
IOTA will complete a major network transformation on May 5, 2025, launching the Rebased mainnet at an official launch ceremony. The event will mark the transition from the Stardust protocol to a delegated Proof-of-Stake (dPoS) structure. Thirteen Genesis validators will perform the initial steps to activate the new network, including validating and migrating all ledger data from the old system. The decision to migrate was made through a community vote and is being coordinated to minimize downtime and maintain full asset integrity during the migration. The launch of Rebased will mark a major change to IOTA’s architecture. The move toward…
Today, in New Hampshire, USA, the State Senate will meet to vote on the bill that prohibits the regulation of crypto mining. Proposed by Representative Keith Ammon, bill 639 is designed to protect individuals who can conduct cryptocurrency mining from home. New Hampshire and the bill that prohibits the regulation of crypto mining New Hampshire: the proposal on “free” crypto mining criticized by environmentalists The situation outside the USA New Hampshire and the bill that prohibits the regulation of crypto mining In the US State of New Hampshire, the Senate legislators are about to vote on the bill that prohibits…
Coinbase, the leading US crypto exchange valued at a little over $67 billion, is being roundly mocked online for its introduction of a four-hour trading candle on its price charts. The firm’s Coinbase Advanced branch announced the feature on Wednesday and teased that weekly and monthly price candles are in the works. “You asked, we shipped,” it said. However, the post quickly attracted backlash from X users unimpressed at the idea of a prominent exchange only just deciding to add what they regard as rather basic features. Read more: Coinbase claims the token Base just launched isn’t actually a token…
After a ferocious breakout from the $2,000 range, the Ethereum price is currently trading at $2,585, pulling back modestly after facing resistance around $2,710. On the 4-hour chart, ETH is consolidating inside a downward-sloping channel as bulls protect the $2,560-$2,570 zone, which coincides with the 20-EMA and the Bollinger midline. This area acts as dynamic support for now. ETHUSD price dynamics ( Source: TradingView) On higher timeframes, the breakout above $2,400 triggered a vertical rally, pushing prices above the 0.5 Fibonacci retracement at $2,745 (from the $4,100–$1,385 range). While Ethereum price today has slightly cooled, the upside structure remains intact…
Cardano is once again in the spotlight as the Lace wallet has arrived on Mozilla Firefox — a major milestone that brings the Web3 wallet to the popular browser. This was made possible through the latest Lace 1.22.1 release, which brings the wallet to the Firefox browser for the very first time. In a tweet on Monday, the Lace team announced the Lace 1.22.1 release, which adds a host of features to the Web3 wallet. 🚨 Lace 1.22.1 is live — now on Firefox!We’ve officially landed on one of the world’s most popular browsers 🦊Whether you’re a crypto newbie or…
The cryptocurrency-friendly stablecoin law called “GENIUS Act”, which has been expected to be approved in the USA for a long time, was rejected by the US Senate in the first week of May. While the Senate’s decision to halt the advancement of the GENIUS Act has been heavily criticized by high-profile figures and the cryptocurrency industry, the US Senate may hold a new vote on the stablecoin bill in the near future. Democratic Senator Kirsten Gillibrand said the stablecoin bill would remove provisions targeting Trump’s family’s involvement in the cryptocurrency industry and that the Senate aims to pass the revised…
CoinPayments and Jetcraft have partnered to enable crypto payments for aircraft purchases and private aviation services. According to a press release shared with crypto.news, CoinPayments Inc., a leading crypto payment gateway, has announced a partnership with Jetcraft, the world’s largest buyer and seller of business aircrafts, to enable cryptocurrency payments for aircrafts and private aviation services. “Our partnership with Jetcraft represents a significant milestone in cryptocurrency adoption within HNW markets,” said Alex Alexandrov, Chairman of CoinPayments Inc. “By offering cryptocurrency payments for private aviation transactions, we’re expanding digital asset utility while providing Jetcraft’s clientele with the payment flexibility and efficiency…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum’s (ETH) dominance as the foundational layer faces a nuanced challenge. While it focuses on making its underlying tech better and faster, other networks, primarily Solana (SOL) in this case, have seen a huge growth in the number of apps people can use. This makes us wonder whether Ethereum’s current way of doing things is helping or hurting its ability to attract and keep the people who build these apps. You might also like: The Ethereum paradox:…
The real-world asset (RWA) tokenization space has recorded significant development, with Stellar (XLM) now in the spotlight. In a recent ranking spotted by U.Today, XLM made the top five blockchains with the greatest interest in RWA. Stellar secures third place in RWA blockchain rankings According to the value locked ranking on RWA.xyz, Stellar came third, only surpassed by the Ethereum and zkSync Era. Despite recording a 1.45% drop in the 30 days, Stellar secured the spot with a total value of $475.73 million. Ethereum and zkSync Era were valued at $6.55 billion and $2.23 billion, respectively. Algorand and Aptos completed…