Author: NBTC
A publicly-traded logistics firm has struck a $20 million deal with an institutional investor to purchase Official Trump memecoins, becoming one of the first companies to anchor its digital asset strategy around the U.S. president’s controversial crypto business. Freight Technologies CEO Javier Selgas pitched the move as part of an effort to grow U.S.-Mexico commerce—though how a memecoin fits into supply chains remains unclear. The investment also comes as the U.S. Office of Government Ethics examines whether President Donald Trump violates federal ethics rules by offering exclusive access to his coin’s top investors. What Is Fr8Tech? Freight Technologies, which refers…
Crypto airdrops offer investors early entry into projects with high growth potential, inspired by notable financial backing. As April approaches its end, the following crypto airdrops could be worth considering. They have the potential to provide lucrative opportunities for investors looking for promising projects. Parfin Parfin is first in line among the top crypto airdrops this week after the project raised over $32 million in funding. Key backers include Framework Ventures, ParaFi Capital, Valor Capital, and Mastercard. Its Rayls blockchain bridges traditional finance (TradFi) with decentralized finance (DeFi). Based on this, Parfin is making headlines over the potential RAYLS airdrop.…
Ethereum (ETH) market maintains its position below important resistance zones, as April ends with technical indicators supporting a rising bearish market sentiment. Ethereum traded around $1,760 on April 30 after experiencing a 3.06% price decrease in 24 hours, and failed to break the $1,800–$1,825 resistance area. TradingView data showed that the price established a clear downward trend with weakening peaks during the previous week. ETH experienced strong resistance at $1,850, while support was $1,750. The closing price of the daily candle on April 30 reached $1,771.80, demonstrating persistent selling pressure among investors across short timeframes. Whales took advantage of the…
The gold market is seeing a shift in activity, with central bank buying slowing and demand from exchange-traded funds and gold-backed cryptocurrencies growing. The latter recently moved to a three-year high, as measured by the net minting volume for tokens backed by the precious metal. Over $80 million worth of these tokens were minted over the past month, according to data from rwa.xyz. That boost helped push the sector’s market cap up 6% to $1.43 billion. Meanwhile, monthly transfer volume rose 77% to $1.27 billion, marking a sharp resurgence of interest in digital representations of the precious metal. The rise…
On April 28, Bitcoin’s short-term speculative capital, or “hot capital,” reached $39.1 billion, according to data from Glassnode. This is the highest value since Feb. 10 and marks a sharp 92% increase from $20.7 billion just one week earlier, on April 21. The hot capital metric includes BTC moved in the last 24 hours and between one day to one week, and often used as an indicator of speculative interest and short-term holder activity. The sudden rise suggests that crypto market participants have become more active and are likely looking for quick profits in the current price environment. This growth…
Dankrad Feist, a researcher at the Ethereum Foundation (EF), believes that Ethereum will become irrelevant in five or ten years from now if its current trajectory does not change. Earlier this month, Feist introduced Ethereum Improvement Proposal 7938, which aims to increase the gas limit by 100x over the course of four years. This would make it possible to conduct a much bigger number of transactions per block. Feist has admitted that the proposal is “unconvetional,” but he argues that such unrhotdox decision are needed since the layer-1 chain is at risk of fading into irrelevancy. The researcher is part…
A prominent XRP community commentator and founder of Alpha Lion Academy has pointed out that it is extremely rare to see holders of 10,000 XRP, identifying an accumulation opportunity. XRP has maintained relevance in the crypto ecosystem since its launch over a year ago. Expectedly, the asset has attracted millions of investors, with total wallets soaring to 6.42 million at press time. Data confirms that, with this latest figure, XRP has welcomed over 610,000 addresses this year alone. However, most of these wallets are not holding substantial amounts of the token. Edoardo Farina, who serves as the CEO of Alpha…
Every country that has failed to make bitcoin legal tender On June 5, 2021, a crowd of thousands in the US heard that El Salvador had adopted bitcoin (BTC) as legal tender. After a few days of celebration, speculation about other countries following suit immediately captured their collective imagination. Although most countries were ambivalent about BTC prior to the news, a wave of media attention prompted rumors and scheduled meetings with various heads of state. Over the years, predictions by various dignitaries sustained the faith of additional countries adopting BTC. All of those predictions failed, however. As of publication time,…
Developers working on Ethereum are about to finalize two complementary standards that could solve one of the network’s persistent user experience problems: how to clearly point to addresses across different chains. “Users and apps need ways to unambiguously refer to an address on a specific chain,” Wonderland, a multi-protocol team contributing to Ethereum and other decentralized networks, explained. Right now, “there’s no standard way for wallets, apps, or protocols to interpret or display this information,” it added in a tweet thread. Wonderland presented their work on ERC-7828 and ERC-7930 on Wednesday’s Ethereum L2 Interop Working Group call, detailing how these…
Major Bitcoin evangelist and co-founder of the BTC-powered company Strategy Michael Saylor has taken to his account on X (formerly well-famous as Twitter) to underscore the key feature of Bitcoin that, he believes, makes it the king of the crypto market. He has published a tweet with a reference to the New Testament about feeding the 5,000. Besides, with the same tweet he has urged the community to go and spread the word about Bitcoin. “Teach a man to Bitcoin” Saylor published an AI-generated image of himself dressed as one of disciples who helped Jesus Christ when he gave five…