Author: NBTC
Chainlink leads DeFi development with the highest momentum score, staying dominant in smart contract infrastructure. Despite strong development activity, Chainlink’s price drops and trading activity declines by over 22%. In its latest rankings, blockchain analytics platform Santiment has ranked Chainlink (LINK) as the top DeFi project based on development momentum, achieving a whopping development activity score of 363.73. This ranking indicates Chainlink’s utmost focus on growth and innovation within the decentralized finance segment. Santiment’s data, tracking GitHub commits and code contributions, shows Chainlink has maintained its position as the most actively developed DeFi project over the past 30 days. The…
Ethereum price started a fresh increase above the $2,220 zone. ETH is now showing positive signs and might aim for a move above the $2,550 zone. Ethereum started a fresh upward move above the $2,220 level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,500 resistance zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase…
In a surprising move that highlights the expanding reach of digital assets, APT Neuroscience, a subsidiary of South Korean biopharmaceutical giant APROGEN, is pivoting into the world of cryptocurrencies. This isn’t just a small pilot; it’s a significant strategic shift that sees a company traditionally focused on life sciences now setting its sights on the burgeoning digital economy. Let’s dive into what this means and why it’s happening. APTELOS Inc.’s Transformative Pivot into Crypto The key player in this development is the U.S. subsidiary of APT Neuroscience. Previously known as Global Lithium Corporation, the entity has undergone a significant rebranding…
John Deaton, a renowned Ripple advocate and CryptoLaw founder, has just reminded the crypto ecosystem in a recent X post of a major move from the Ripple ecosystem in 2012 which underscores XRPL’s role in the tokenization of real-world assets (RWAs). The Ripple lawyer has just stressed a major XRPL feature that has been long ignored by the crypto community after a recent announcement from the Dubai Land Department. According to him, XRPL features a crucial design that was specifically tailored for the tokenization of RWA, without leaving real estate behind. DLD launches first real estate tokenization platform on XRPL…
Bitcoin juggernaut Strategy is facing at least five copycat lawsuits accusing the company of securities fraud regarding its BTC treasury, but two law professors told Decrypt that the number of suits is not unusual. Law firms look to head consolidated class action suits, a role that would enable them to boost their earnings from the case, they said. They often file separately in such cases until a judge names a lead plaintiff and combines the separate actions. “Law firms jockey for position as lead counsel in securities class actions because the fees can be very lucrative,” said University of Michigan…
US-based electric vehicle manufacturer Mullen Automotive has announced that it has now started selling vehicles with various cryptocurrencies, including Bitcoin and the TRUMP meme coin. Mullen Automotive Begins Accepting Bitcoin and TRUMP Meme Coin for Electric Vehicle Sales With this move, the company has become one of the few manufacturers that offer the opportunity to purchase commercial electric vehicles from both Mullen and its subsidiary Bollinger with crypto. The company announced that it has implemented cryptocurrency acceptance immediately and will consider other popular memes and stablecoins as payment methods in the future. Mullen CEO David Michery made the following statement:…
Iran has turned to cryptocurrency mining and trading since 2019, as its local currency has been devalued due to years of harsh international sanctions and high inflation. But experts say it is still nearly impossible to give an accurate estimate of how much Bitcoin (BTC) the country has mined. According to data from the University of Cambridge’s Centre for Alternative Finance in March 2021, Iran accounted for 7.5% of the global Bitcoin mining hashrate. This fell to just 0.12% in January 2022. Andrew Scott Easton, CEO of Bitcoin mining investment firm Masterminded, estimates that Iran has historically mined around 60,000…
Cryptocurrencies are expected to experience significant fluctuations throughout June, as several major economic reports are scheduled to be issued during this period. These include the Employment Situation Report, CPI data, FOMC meeting, and more. Key Dates to Watch in June 🗓️• Jun 6 — Employment Situation Report• Jun 11 — CPI Data Release• Jun 12 — PPI Data Release• Jun 17 — FOMC Meeting• Jun 17 — U.S. Import and Export Price IndexesWhich dates are you watching? — CoinGecko (@coingecko) June 3, 2025 Key June Economic Reports to Shape the Crypto Market The U.S. labor market will be revealed through…
Just a day after the world’s largest asset manager, BlackRock, stunned the crypto community with a massive Ethereum sell-off attempt involving 8,172 ETH, the investment firm is back at it again with a new ETH buy, according to the latest update from data analytics platform Lookonchain. According to the data provider, BlackRock withdrew a total of 11,185 ETH from Coinbase Prime in less than an hour. The purchase, which happened in two separate transactions, was worth about $27.2M per ETH’s price at the time of purchase. The first-ever sell-off since BlackRock embarked on its deliberate decision to continuously acquire ETH…
The Fed is expected to resume the interest rate cuts it paused in order to ignite a new rally in Bitcoin (BTC) and altcoins. However, despite the positive economic data, the FED has kept interest rates constant since January due to the uncertainty created by the tariffs. While the Fed is determined to keep interest rates steady until it provides more clarity, US President Donald Trump frequently pressures the Fed and Chairman Jerome Powell to lower interest rates. Trump even wants Powell to resign from his position as FED chairman. At this point, Trump called on the FED to cut…