Author: NBTC
Ethereum, hovering near the $2,000 mark, presents a buying opportunity for whales. Analysts predict a potential surge to $3,000 amid rising bullish sentiment. As Bitcoin holds above the $87,000 mark, Ethereum witnesses stagnancy near the $2,000 psychological level. ETH trades at a market price of $2,028, recording a 1.12% drop in the past 24 hours. The short-term pullback reveals a minor weakness in the bullish momentum of the short-term recovery run. Amid such conditions, will Ethereum bounce back from the $2,000 mark for a new upswing? Whales Load Up Ethereum Near $2,000 Despite the recent consolidation and prevailing downward pressure,…
OpenLedger, a blockchain network focused on AI applications, has integrated Kernel’s restaking infrastructure on the BNB Smart Chain. This strategic collaboration between OpenLedger and Kernel uses decentralized validation networks (DVNs) to elevate the security and reliability of the decentralized AI ecosystem of OpenLedger. As a part of this strategic collaboration, OpenLedger will now have improved capabilities for obtaining specialized AI models for managing deployment processes through an integrated system that ensures data integrity. 1/ Our partnership with @OpenledgerHQ is gearing up to accelerate the growth of AI-powered dApps, fueling innovation and scaling in the evolving Crypto x AI landscape. pic.twitter.com/xdinPaBNT0…
Bitcoin’s market dynamics is experiencing notable fluctuations as over 20,000 BTC have moved out of long-term holder wallets within the past 96 hours. Historically, such transactions signal potential shifts in investor sentiment, as long-term holders are typically viewed as stabilizing forces in the crypto market. The withdrawal of a substantial amount of Bitcoin raises questions about whether it marks the beginning of a broader trend or isolated selling pressure. Bitcoin Price: Stuck in a Range Bitcoin (BTC) is trading at $97,314.78, showing a 0.78% daily gain. It has moved within a narrow range, hitting a 24-hour high of $97,879.28 and…
Tether, issuer of $144 billion dollar stablecoin USDT, has boosted its stake in Latin American agricultural firm Adecoagro (AGRO). The $12.41 per share offer, which is subject to certain closing conditions, would take Tether’s stake in Adecoagro from 51% to 70%, according to an announcement on Thursday. AGRO shares jumped over 7% to $11.95 in pre-market trading following the announcement. Adecoagro’s business is focused on sugar, ethanol, dairy and crop production Argentina, Brazil, and Uruguay. It owns 210,400 hectares of farmland and several industrial facilities across these countries. The company has a market cap of just under $1.12 billion. Tether…
According to Santiment’s latest on-chain report, the concentration of top wallet holdings for major cryptocurrencies like Shiba Inu (SHIB), Ethereum, Chainlink and Toncoin shows potential market risks and opportunities driven by a small group of key players. Shiba Inu, for example, has a significant concentration of its total supply held by the top 10 largest wallets — 61.3%, to be exact. This indicates that the price of SHIB can be influenced by the decisions of just a few holders, according to Santiment. If any of these major holders decide to sell, it could lead to some serious price drops that…
Brazil is taking another step toward regulating the rapidly growing cryptocurrency market. The Brazilian Senate has announced plans to hold a public hearing on cryptocurrency regulation, signaling the country’s commitment to updating its laws. The hearing will focus on an important private member’s bill introduced by Senator Soraya Thronicke of the Podemos Party, which aims to regulate virtual assets services providers (VASPs). The bill proposes measures to address the fast-evolving digital economy and ensure greater transparency and protection for Brazilian crypto users. Senators Call for Consultation with Experts and Industry Representatives The public hearing, set to take place soon, will…
Ethereum developers draft EIP-7917 proposal to solve the uncertainty of the existing proposer election. Ethereum’s EIP-7917 Proposal Ethereum developers Lin Oshitani (@linoscope), Justin Drake (@JustinDrake) jointly drafted the EIP-7917 proposal (Deterministic proposer lookahead), which aims to completely solve the uncertainty problem of the existing proposer election. Excited to share EIP-7917 by me & @drakefjustin! It introduces deterministic proposer lookahead to the Beacon chain—a natural simplification that removes proposer unpredictability, which is crucial for preconfirmation protocols. https://t.co/jtLBxNCHDV Details in🧵 — Lin Oshitani (@linoscope) March 26, 2025 Note that in the present Ethereum consensus, the system selects a validator as the block…
Smoke from Nicaraguan cigars choked out the room as a heavy-set Bitcoin miner from the Deep South explained how the industry was expanding at an exponential rate. “You have no idea,” he said at this year’s Mining Disrupt pre-party in Fort Lauderdale, Florida, before following up with the common Bitcoiner maxim—repeated by President Trump on the campaign trail—that you should never sell your stash. Having been involved in the space since the early days, he recalled buying a Ferrari with orange coins years ago, which he said—with a laugh—he now regretted following the asset’s stratospheric rise. Bitcoin hasn’t stopped climbing…
The Decentralized Physical Infrastructure Network (DePIN) landscape has seen a noteworthy expansion throughout the past year. As per the decentralized computing platform Fluence’s co-founder Tom Trowbridge’s report “DePIN Token Economics,” the DePIN sector delves into incentives and structures to redefine DePIN growth. These projects strengthen decentralized substitutes for wireless communication, cloud computing, energy distribution, and other crucial infrastructure sectors. DePINED Report Highlights Endeavors for Continuous DePIN Growth Tom Trowbridge’s report focuses on sustainable tokenomics, a critical challenge faced by the DePIN projects. Several networks struggle to create incentive models that promote long-term engagement and guarantee financial stability and growth. Trowbridge…
Bitcoin (BTC) continues to dawdle, failing to capture trader enthusiasm amid chatter about prices being overvalued, while gold remains strong ahead of the release of the U.S. jobs report, which will influence the Fed’s rate plans. Recent analysis from CryptoQuant indicates that bitcoin’s fair value lies between $48,000 and $95,000, highlighting that it appears overvalued at its current market price, which hovers just above $98,000. The analytics firm’s Bitcoin’s Network Activity Index has plummeted 15% from its peak in November to 3,760 points, the lowest level in over a year. The downturn is driven by a staggering 53% drop in…