Author: NBTC
Jupiter token, powering the biggest dApp on Solana, rose more than 11% during this rally, benefiting from ecosystem growth. Jupiter (JUP), the biggest DEX aggregator on Solana (SOL), is taking advantage of the latest market rally. On Thursday, May 7, the token was up 11.83%, reaching $0.4622, driven by both market momentum and ecosystem growth. Altcoin momentum has started to pick up, as Bitcoin (BTC) broke above the $100,000 mark. The Altcoin Season Index reached its highest level since February, with 33 out of the top 100 altcoins in the green over the past 30 days. Altcoin season index by…
Economist Nouriel Roubini Assesses the US Economy, Interest Rate Cuts, and Tariffs – What to Expect?
Economist Nouriel Roubini made remarkable statements about the future of the US economy. Roubini, a senior advisor at Hudson Bay Capital, said technological advances would offset the impact of trade tariffs. He said the U.S. is a leader in future fields such as artificial intelligence, quantum computing and green technology. “Technology outweighs tariffs,” he said. According to Roubini, this technological superiority could increase the potential growth rate of the United States from 2% to 4% by 2030. In contrast, the economist stated that the impact of tariffs and immigration restrictions could only reduce growth by 0.5%, and that technological progress…
Amid the rising prominence of RLUSD in the crypto market, concerns about the diminishing role of XRP have triggered discussions within the community. Community member Elena Schoen, who describes herself as a Chain Detective, recently raised concerns that Ripple may be slowly sidelining XRP, relegating it to a limited function. Is Ripple Replacing XRP with RLUSD? Taking to X, she suggested that XRP is now primarily serving the function of transaction fees on the XRP Ledger, with RLUSD taking over broader utilities such as liquidity, cross-border transactions, retail and institutional settlements, and multi-fiat onboarding. Schoen urged the community to examine…
Ripple has reached a settlement with the SEC, agreeing to pay $50 million of the initially proposed $125 million penalty. The remaining $75 million will be returned to the company. Both parties will drop their appeals if the court lifts the longstanding injunction against Ripple. Ripple Vs. SEC is Officially Over This marks the official end of one of the most prolonged legal disputes in the crypto sector. The case, filed during Gary Gensler’s tenure at the SEC, has been closely watched across the digital asset industry. Ripple, which has maintained financial stability throughout the legal proceedings, appears well-positioned to…
Binance, the world’s largest cryptocurrency exchange by trading volume, today announced that it will list Space and Time (SXT) across a wide range of product offerings, including Simple Earn, Buy Crypto, Convert, Margin, and Futures. Listing will begin on May 8, 2025, with multiple services going live at specific times throughout the day. SXT Coming to Binance Simple Earn with 66% APR Promotion SXT Flexible Products will be available on Binance Simple Earn starting at 4:00 PM on May 8, allowing users to earn passive income by subscribing their assets. Additionally, Binance is also launching a limited-time promotional offer of…
Mint Blockchain, an Ethereum L2 ecosystem for NFTs, has announced its latest partnership with Chainlink, a prominent decentralized oracle platform. The collaboration marks a key move to enhance cross-chain connectivity. The platform took to its official social media account to disclose this development. Mint Blockchain × Chainlink @chainlink Strategic PartnershipMint Blockchain has officially integrated @chainlink’s Cross-Chain Interoperability Protocol (CCIP), becoming one of the Layer2 networks enabled for secure cross-chain communication across the Superchain.For more ⤵️… pic.twitter.com/1nm5vR76or — Mint (@Mint_Blockchain) May 8, 2025 Mint Blockchain Collaborates with Chainlink, Adopting CCIP for Advanced Cross-Chain Connectivity The partnership between Mint Blockchain and Chainlink…
Bitcoin has surged over the past 24 hours, breaking through critical resistance levels and now heading testing the $101,200 mark, the final major hurdle before a new all-time high comes into view. The rally is being fueled by strong technical support and renewed bullish momentum. The recent pump in Bitcoin’s (BTC) price is no accident. After testing a key support level at $94,300, the market bounced sharply, validating that zone as a firm base. This bounce coincided with a prior rejection from Fibonacci resistance, highlighting growing strength on the daily time frame. With higher lows forming week after week, the…
Nearly three months after OpenSea teased its SEA token and OS2 beta launch, anticipation around the airdrop mechanics has reignited. Investors and creators are now debating what criteria the leading NFT marketplace should use to distribute the long-awaited SEA tokens. Many are also calling for clarity from the platform’s leadership. Investors Debate OpenSea’s SEA Token Airdrop Criteria On February 20, OpenSea announced the launch of OS2 open beta. As BeInCrypto reported, they described it as a fully reimagined product built entirely from the ground up, for collectors and pros. Now, as OpenSea climbs back to the second position on Kaito’s…
The European Union is planning to track cryptocurrency transfers, according to remarks made by Eurogroup President Paschal Donohoe. Speaking yesterday at the European Anti-Financial Crime Summit 2025, Donohoe, also Ireland’s Minister for Finance, discussed how the EU is working to apply long-standing AML regulation to crypto. Specifically, the Eurogroup President explained that the EU seeks “to record data on the senders and recipients of funds [so it] now applies to crypto-asset service providers.” Such an expansion of AML regulation is “essential” according to Donohoe, who added that the EU wants to move such regulation “beyond the more traditional forms of…
Binance Wallet is growing its dominance of the Web3 tools category, benefiting from a mix of DEX trading and special events. The wallet has expanded to an 81.2% market share, shooting far ahead of rival Coinbase Wallet. Binance Wallet is driving the expansion of the entire ecosystem. The wallet is becoming a key tool for Web3 activities, as well as new asset adoption. In May, the wallet kept expanding its dominance, reaching a market share of 81.2% and surpassing all other exchange-based and Web3 wallets. Binance Wallet has the advantage of having a native chain and not being dependent on…