Author: NBTC
The leading digital currency in the world in terms of market capitalization, Bitcoin ($BTC), has registered massive gains over the course of the last 24 hours as the price value of $BTC has touched the figure of $97.9k before bouncing back to a price mark of $96k as of the time of writing. Momentum increases for #Bitcoin with its price climbing to a high of $97.9k, its highest in over two months. The rebound in price has provided significant financial relief to market participants, with over +3M BTC returning to a state of profit.Discover more in the latest… pic.twitter.com/ZG68WCHB51 —…
Ethereum is on the brink of Pectra upgrade (May 7th), its most substantial one since the 2022 Merge, an event many hope could spark a significant price rally for ETH. With Ethereum’s price currently hovering around $1,826 and showing signs of consolidation after a steep correction, the 20-day EMA at $1,780 has held as support, as per CoinMarketCap data. Understanding Pectra: A Two-Fold Enhancement Pectra is a dual-layer upgrade that combines changes to both Ethereum’s consensus and execution layers. It incorporates 11 Ethereum Improvement Proposals (EIPs), with standout features like: EIP-7702: Introduces smart contract capabilities to wallets, pushing Ethereum further…
Swiss RWA tokenization firm Colb Asset SA has raised CHF 6 million in an oversubscribed seed extension round, helping scale its tokenization and fintech initiatives. Colb Asset SA, a leading Swiss innovator in real-world asset tokenization, has successfully closed an oversubscribed CHF 6 million (~$7.3 million) seed extension round. The capital came from a private investor managing a portfolio of over $20 billion in assets, reinforcing institutional confidence in Colb’s mission. The funding will accelerate Colb’s efforts to enable blockchain-based tokenization of high-demand pre-IPO equity, including high-demand pre-IPO equity opportunities. The firm also aims to tokenize institutional-grade Swiss wealth strategies…
Pi Network will take part in Consensus 2025, one of the largest international crypto events, held in Toronto from May 14 to 16. The event, organized by CoinDesk, will host over 6,800 companies, 400 startups, and attendees from more than 100 countries. The Pi Core Team is set to showcase its Open Mainnet, which launched in February 2025. According to official Pi Network materials, the project has surpassed 55 million users globally. Thousands of decentralized applications now operate on the network, built using its mobile-first architecture. Dr. Nicolas Kokkalis, the Pi Network founder, is scheduled to speak at the event.…
Ripple’s long legal battle with the U.S. Securities and Exchange Commission (SEC) may have wrapped up in the company’s favor, but newly released documents show how deeply the agency once worried about the future of XRP. According to a fresh batch of files obtained through a Freedom of Information Act (FOIA) request by Coinbase, SEC officials were actively debating the stability and security classification of various crypto assets back in 2021. Among them, XRP was very much on their radar. As reported by The Block, in one internal email, SEC officials questioned what might happen if Ripple, the company behind…
CoinGecko’s April 2025 report confirms Binance held the top spot among centralized exchanges (CEXs), with a 38% market share. The report adds that Binance’s spot trading volume declined 18% from March, settling at $482.6 billion. This is the platform’s lowest monthly volume since October 2024, based on the updated CEX market analysis published on May 7. Gate.io and Bitget Rise in Rankings While Binance saw lower volume, Gate.io climbed to second place in April, gaining a 9% market share and recording $113.7 billion in monthly spot trading volume. This marked a 14.4% increase compared to March 2025. Bitget followed closely,…
6 May, 2025 – Tether, the largest company in the digital assets industry, today announced another milestone in their strategic collaboration with Chainalysis, integrating Chainalysis’ compliance and monitoring tools into Hadron by Tether, Tether’s purpose-built platform for tokenizing real-world assets. This upgrade brings institutional-grade oversight to Hadron by Tether, further strengthening its position as a trusted and regulation-ready marketplace for token issuance and asset management. Designed for institutions, corporations, and governments, Hadron by Tether enables the creation, management, and deployment of tokenized assets such as stablecoins, bonds, funds, and commodity-backed tokens across multiple blockchains. With the integration of Chainalysis, participants…
Bitcoin fell hard before recovering as prices plummeted below $95,000, retreating below $94,600 and even as low as $93,395. But buyers emerged at around $94,000, halting the decline and allowing BTC to recover fast. Then, the coin started rising again, piercing through pivotal levels that had earlier served as resistance. Key Resistance Levels Broken As Bulls Step In Bitcoin didn’t remain down for long. It broke above $94,600 and even broke a bearish trendline at around $94,755. That opened the doors for another break higher. It continued to breach above $96,500 and is now trading inching closer to the $97k…
Ethereum has successfully activated the first phase of Pectra, its latest major upgrade since Dencun in March last year, going live at 6:05am ET in New York on Wednesday. Following the hard fork itself, developers faced a nail-biting wait to see if the network had achieved finality, which took place at 6:18am ET. The Pectra hardfork has finalized on #Ethereum! Congratz everyone 🥳🥳 pic.twitter.com/sOwPVN1UOO — beaconchain.eth 📡 (@beaconcha_in) May 7, 2025 Pectra introduces sweeping changes to the network, laying the foundation for its shift to focus on scaling and improving how the network operates across its growing ecosystem. The upgrade…
Following the announcement that interest rates would remain unchanged, FED Chairman Jerome Powell reads a speech live on air and answers questions from reporters. Here are some important excerpts from Powell’s critical speech: The economy is in solid shape. Inflation has fallen significantly. Inflation is running slightly above the target level of 2%. The labor market has reached or is close to maximum employment. The risks of rising unemployment and inflation have increased. Unusual fluctuations in trade make measuring GDP more complicated. Wage growth continued to slow. Labor market conditions remain strong. Short-term inflation expectations have risen. The labor market…