Author: NBTC

While awaiting the outcome of the critical FED decision and the meeting between the US and Chinese presidents, Bitcoin and altcoins started this week on the rise. While this recovery increases the expectation of a rise in the market, whales are also increasing their long positions. According to a post by crypto analysis platform Lookonchain, two major whales opened long positions worth millions of dollars in Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and altcoins. Accordingly, the whale with the address 0xc2a3, which had a 100% win rate, first opened a long position in Bitcoin and Ethereum with a 100% win…

As competition among Ethereum Layer-2 chains intensifies, Startale Group is positioning Soneium as a compliance-first platform rooted in Japan. With partners such as SBI and Sony, the company aims to blend financial infrastructure with entertainment-driven adoption. CEO Sota Watanabe spoke to BeInCrypto about the long-term vision, growth metrics, decentralization, and regulation. The project seeks to stand out globally. Background: Can a Japan-Born L2 Compete? L2BEAT listed Soneium with methodology notes and governance risks. OKLink confirmed heavy on-chain throughput. Blockscout records ERC-4337 account-abstraction operations, providing a transparent log of user-level interactions. Together, these signals show that Soneium is already operating at…

Despite growing blockchain activity on Ethereum, gas fees on the world’s largest smart contract network remain near historic lows, signaling a more mature and scalable infrastructure ready for advanced real-world use cases. Ethereum transaction fees remained at a historic low of just 0.16 gwei, or about $0.01 per transaction. Gas fees were slightly higher for token swaps at $0.15 and at $0.27 for non-fungible token (NFT) sales, according to blockchain data aggregator Milkroad. The low costs stand in sharp contrast to previous periods of high network activity, when demand often sent fees soaring, which was one of Ethereum’s biggest criticisms…

At its October Federal Open Market Committee (FOMC) meeting, the Fed lowered its policy rate by 25 basis points to a range of 3.75-4.00%. This was the Fed’s second consecutive rate cut, and the decision fully aligned with market expectations. The FOMC statement noted that economic growth continues at a moderate pace and the unemployment rate remains low, despite slowing hiring. The committee noted that inflation has increased this year but remains high. Fed to End Balance Sheet Reduction Program on December 1st In a significant move, the Fed also announced the end of its monetary tightening program. According to…

A wallet that first went online in November 2024 with a 36 DOGE seed from one of Dogecoin’s richest addresses just executed a $26.8 million transfer to Binance, placing 129,361,857 DOGE onto the world’s largest crypto exchange in a single transaction, as reported by Whale Alert. The address “DL7jHH” was initially topped up almost a year ago by wallet “DJfU2,” an entity holding over 576.7 million DOGE, currently worth $117 million. Since that activation, the wallet has amassed a sizable position and has now directed most of it into Binance. Even after today’s outflow, it still controls more than 31.6…

Layer 2 blockchains are an important part of the Ethereum ecosystem. They are built to onboard new users and enable mass adoption of blockchain technology. But how do Layer 2 blockchains make this possible? And why are transactions cheaper and faster on L2s? This guide explains everything about Layer 2 scaling solutions. What Is a Layer 2 in Blockchain? The Definition of Layer 2 A Layer 2 network is a secondary blockchain that lives inside another network known as Layer 1. It processes and executes transactions off the main chain and sends the results to the Layer 1 chain. Layer…

Demand for Ethereum from U.S. investors has slowed considerably over the past week as Bitcoin extended Wednesday’s losses. The drop in interest in Ethereum and Bitcoin comes as Bitcoin’s price shed 2.8% over the past 24 hours, hitting an intraday low of $108,201, according to CoinGecko data. That has put pressure on the broader crypto market, leading to $832 million in total liquidations, with longs accounting for $666 million of those, per CoinGlass data. The decline is quantified in a new CryptoQuant report, which noted that the seven-day average outflow from U.S. spot Bitcoin ETFs hit 281 BTC, the weakest…

The FED cut interest rates by 25 basis points, in line with expectations. At 21:30 (UTC+3) FED Chairman Jerome Powell will hold a press conference. Markets were giving a nearly 100% probability that the Federal Open Market Committee (FOMC) would cut interest rates by 25 basis points for the second consecutive time. Bitcoin’s initial reaction was as follows: This move lowered the federal funds rate to a range of 4 to 4.25 percent. However, committee members face significant debate over the pace of further reductions, the lack of economic data, and the timeline for reducing the holdings of Treasurys and…

As the crypto market turns bullish, the trending perpetual decentralized exchange Aster has revealed a significant update to its VIP Program. Starting on November 3, the platform will make native ASTER ownership the primary factor in determining VIP status requirements. According to today’s official announcement on X, VIP tiers on the Aster decentralized exchange will follow two metrics: 14-day trading volume and ASTER balance. That means individuals who want to claim higher VIP tiers should ensure consistent trading activity and hold the DEX’s native token. Notably, this update reflects Aster’s dedication to incentivizing loyal token holders while promoting engagement within…

Kite, an AI-based blockchain platform, attracted PayPal Ventures and General Catalyst as its Series A investors with a total of $18M. This has been followed by the company announcing a partnership with Brevis, a zero-knowledge proof coprocessor network, to enhance verifiable trust and computation infrastructure for AI payments in the new agentic economy. Building Infrastructure for Autonomous Agent Transactions Kite recently introduced Kite Agent Identity Resolution (AIR), a comprehensive solution that allows autonomous agents to authenticate and transact securely. It allows them to operate within the real-life scenarios. The platform provides agents with encrypted identification, programmable permissions, and native stablecoin…