Author: NBTC
The Ethereum blockchain has yet to see a significant increase in activity despite successive upgrades, investment bank JPMorgan (JPM) said in a research report. “Neither the number of daily transactions nor the number of active addresses saw a material increase post recent upgrades,” analysts led by Nikolaos Panigirtzoglou wrote in the Wednesday report. Still, total value locked (TVL) on Ethereum increased between the Dencun upgrade in March 2024 and Pectra earlier this month, the bank noted, possibly due to increased lending and borrowing on decentralized exchanges (DEXs), but the increase looks lower in dollar terms than in the blockchain’s ether…
A representative of the Trump Organization said the group “knows nothing” about a crypto wallet project called the “$TRUMP Wallet,” despite the app’s branding and claims being tied to the U.S. president. “The Trump Organization knows nothing about this project,” a spokesperson for the Trump Organization told CoinDesk. The app, according to its sparse but live website, promises users the ability to hold and trade digital assets. It includes no technical documentation or launch timeline but features a waitlist for early access. Magic Eden, the crypto marketplace reportedly involved in the project, had confirmed the project through a post by…
A researcher has discovered an impressive development on the IOTA mainnet with three tokens launched unannounced. IOTA has declined by 3% in the last 24 hours and 7% in the last seven days following the recent broad market liquidation. In a recent update, CNF reported the mainnet launch of the much-anticipated IOTA Rebased Protocol as part of the broader plans to drive the network towards a fully decentralised and delegated Proof-of-Stake ecosystem. According to that report, Rebased was launched with 13 highly trusted validators. Today, several updates have been observed, marking a significant shift towards a new era. Highlighting some…
HoDooi, a fast-growing multi-chain NFT platform backed by its $HOD token, today formed an official partnership with Ice Open Network, a high-performance blockchain that focuses on swift transactions and anonymity. Teaming up is a major move toward making culture, content, and commerce a key part of the new Web3 social scene. We are thrilled to announce our official partnership with @ice_blockchain Ice Open Network! ❄️🔥$ION x $HOD – A powerful alliance is here.We’re launching a brand-new https://t.co/OM63HTvfy8 account on Ice’s revolutionary new social platform, Online+ — designed for the next… pic.twitter.com/D7WRCZ99Cj — HoDooi.com (@hodooi) May 29, 2025 Launching on Online+…
Bitcoin (BTC) is trading with a bullish bias, driven by renewed optimism surrounding US–China trade negotiations and signs of détente between Donald Trump and Elon Musk, two of the world’s most powerful men. The momentum shift in geopolitical and social dynamics helped push global markets higher. While Chinese stocks in Hong Kong enter a bull market and the S&P 500 approaches its February highs, Bitcoin may be poised for a new all-time high (ATH). Trade Diplomacy Reignites Risk Appetite BeInCrypto data shows Bitcoin surged nearly 4% in the last 24 hours and was approaching the $110,000 threshold. As of this…
The Ethereum Foundation caused a stir when it transferred 1,000 ETH (worth about $2.06 million) internally to associated address 0xc061…0B6d, according to Etherscan. The EF1-funded transaction, which was carried out by the EthDev team, raised questions regarding the reason for this sizable financial transfer. These massive transfers frequently cause anxiety among the cryptocurrency community, particularly in light of the Ethereum Foundation’s funding of ecosystem support and core development. Observers speculate that this might be done to reduce operational expenses, rebalance strategy or even get ready for future grants or research projects, though no formal explanation has been given. Any significant…
According to one analyst, the Fed’s rate cut could be delayed until December and the move could be larger than expected. ING’s Chief International Economist James Knightley said the Fed would not rush to cut interest rates but could make a strong 50 basis point cut towards the end of the year. According to Knightley, the inflationary effects of the tariffs imposed by the Trump administration will tie the Fed’s hands in the short term. However, the economist said that these effects will be temporary and one-time, and that the Fed will find room to lower interest rates in December…
VeChain rolls out Dawn, Lightning, and Flash nodes—starting at 10K VET for staking rewards. VET/USDT may break the short-term downtrend soon, with targets showing up to 12.88% upside. VeChain has introduced a new three-tier Eco Node system under its Renaissance initiative on June 5, aimed at simplifying access to network rewards. The structure sets a new minimum at just 10,000 VET, allowing broader entry to its reward model. Named Dawn, Lightning, and Flash, the nodes offer increasing reward multipliers, depending on token holdings. The Dawn Node kicks off with a 10,000 VET requirement and grants a basic 1.0x reward. Lightning…
U.S. stocks rose on Tuesday as the strong jobs report outweighed the OECD warning on the effects of the trade war. Strong jobs data has boosted U.S. stocks, reversing earlier declines. On Tuesday, the Dow Jones index rose 0.5% or 209 points, while the S&P 500 gained 0.52%. The tech-heavy Nasdaq rose the most at 0.81%. Stocks reversed declines from due to positive economic data. The Job Openings and Labor Turnover Survey update revealed that jobs openings rose in April, with 7.39 million new jobs at the month. This was an unexpected result, especially as U.S. “Liberation Day” tariffs took…
During the Consensus 2025, Vechain’s CEO, Sunnny Lu, emphasized Vechain’s goal of tokenizing human behaviour. This is achieved by the use of VeBetter DAO for sustainable actions as well as Carbon Footprint Tracking and ESG tools. VeChain (VET), the blockchain platform founded in 2015 by former Louis Vuitton China CIO Sunny Lu, is taking steps to bring blockchain technology into the fabric of daily life, and with a strong focus on sustainability. Long known for its real-world applications, VeChain is now exploring ways to incentivize environmentally friendly behavior through the power of blockchain. This forward-thinking approach was on full display…