Author: NBTC

There is a noticeable increase in withdrawal and login queues on the Ethereum Proof-of-Stake (PoS) network. According to Validatorqueue data, the amount of ETH waiting to be withdrawn from the network this week reached 2.4 million, marking the largest validator outflow on record. This figure corresponds to more than approximately $10 billion, and the exit queue duration is calculated as 41 days and 21 hours. Meanwhile, the amount of ETH waiting to enter the network is at 501,000. This amount has a market value of approximately $2.25 billion, and the waiting time in the access queue is reported as 8…

US President Donald Trump shared a humorous image targeting Federal Reserve Chair Jerome Powell on social media on Saturday. The image shows Trump telling Powell, “You’re Fired!” Trump has frequently voiced criticism of Powell, who has long been reluctant to cut interest rates. Jerome Powell image shared by Trump. The Fed cut interest rates for the first time this month and signaled that further cuts could be on the agenda in October and December. However, Powell maintained a cautious stance in August, stating that “in the short term, inflation risks are to the upside and employment risks are to the…

The Bank of France has called on the European Union to give its markets regulator direct supervision over major crypto firms, warning that fragmented oversight could threaten the bloc’s financial sovereignty. Speaking at the ACPR-AMF Fintech Forum in Paris on Thursday, Bank of France Governor François Villeroy de Galhau said the European Securities and Markets Authority (ESMA) should be given the mandate to directly oversee crypto-asset issuers under the EU’s Markets in Crypto-Assets (MiCA) framework. “I also advocate, along with the president of the AMF, for European supervision of crypto-asset issuers, carried out by ESMA,” he said, urging that it…

Bitcoin is up, Ethereum is down, “A new memecoin just got listed on Binance.” “Buy the dip!” That’s usually what comes to mind when people hear about Blockchain Technology. While cryptocurrencies like Bitcoin and Ethereum put it in the spotlight, that’s only one side of the story. Over the years, the technology has evolved from a niche innovation into something much bigger. It now underpins myriad real-world use cases that transcend the mere trading of tokens. Think supply chain management, identity verification, healthcare, core banking, gaming, music, and even government services, among others – blockchain is there now. This piece…

The Ethereum Foundation formalized its privacy development efforts, by creating a privacy cluster led by Igor Barinov. The cluster will offer full-stack privacy infrastructure, including a wallet and SDK. The Ethereum Foundation remains dedicated to privacy, and will formalize its efforts with a new entity, a privacy cluster led by Igor Barinov. The cluster will bring together 47 researchers and developers, aiming to bring together all aspects of Ethereum privacy. The Cluster will also support the Kohaku privacy wallet and privacy-preserving SDK. The Privacy Cluster will build on the work of the Privacy Stewards of Ethereum (PSE), expanding on research…

Bitcoin exchange-traded funds (ETFs) recorded a massive $418 million outflow while ether ETFs logged their fifth straight day of redemptions with $248 million. ETF Exodus Deepens: Bitcoin Funds Shed $418 Million, Ether Sees $248 Million Outflow It was a week the ETF market would rather forget. Bitcoin and ether funds closed Friday, Sept. 26, deep in the red, sealing one of the toughest stretches of the month. Bitcoin ETFs saw a $418.25 million outflow, their largest single-day loss of the week. Fidelity’s FBTC bore the brunt, bleeding $300.41 million. Blackrock’s IBIT and Bitwise’s BITB followed with $37.25 million and $23.79…

The Senate on Wednesday once again rejected both plans to fund the federal government and end the shutdown, which now enters its ninth day. Senators have so far voted six separate times on partisan measures to extend funding. Republicans, with 53 Senate seats, need eight Democrats to cross the aisle. Without a budget, the crypto policy agenda remains in limbo, but Washington insiders insist that momentum isn’t completely lost. While the House remains in a shutdown-induced recess, the Senate appears to be in session for both budgetary and crypto matters. Two people familiar with the matter told Blockworks that the…

Pilot AI, a popular AI-led control layer dealing with on-chain transfers, has collaborated with Allora Network, a decentralized AI (DeAI) ecosystem. The collaboration includes the integration of predictive models of Allora Network for Bitcoin and Solana into Pilot AI. As the platform revealed in its X announcement, the development focuses on offering AI-led forecasts for Solana ($SOL) and Bitcoin ($BTC). Hence, the development is anticipated to improve traders’ capability to reach predictive insights as well as automate strategies via natural language communication. We’ve integrated Allora’s (@AlloraNetwork) predictive models for Bitcoin and Solana (5-minute and 6-hour intervals) into Pilot’s private beta.This…

Ethereum (ETH) is trading at around $4,500 after falling 4% in the past 24 hours. Despite the dip, analysts are watching as the price returns to a zone where buyers have previously shown interest. The current 7-day change is still positive, with ETH up 5% over the week. ETH/BTC Pullback May Offer Opportunity Michaël van de Poppe shared a weekly ETH/BTC chart showing a strong rally earlier this year. The pair moved up more than 140% from its low, topping out near 0.038. It is now trading close to 0.0365 and approaching a support area. Van de Poppe marked the…

Stablecoin giants like Tether and Circle are profiting from the current high-interest rate environment while stablecoin holders see none of the returns, said Wormhole’s co-founder, Dan Reecer, at Mercado Bitcoin’s DAC 2025 event. Speaking as a panelist, he said the companies are effectively “printing money” by keeping the yield from the U.S. Treasuries backing their tokens. Tether, for example, reported $4.9 billion in net profit in the second quarter of the year. That has seen the company’s valuation soar to a reported $500 billion in a new funding round. As interest rates remain elevated, Reecer suggested it’s only a matter…