Author: NBTC

After a relatively flat April marked by decreased network demand and sideways price action, the second-largest cryptocurrency, Ethereum (ETH), may be positioned for a shift. ETH holders are optimistic about May. This optimism is fueled by strengthening fundamentals, the anticipated Pectra upgrade, and renewed interest from institutional investors through spot ETH exchange-traded funds (ETFs). ETH Struggled in April, but May Brings a Glimmer of Hope In April, on-chain data showed a dip in user activity across the Ethereum network, while broader market stagnation kept ETH trading below key resistance levels. According to Artemis, during the 30-day period, user demand for…

Dave Portnoy claims he collects memecoins “as a hobby,” even though he’s earned at least $70,000 and promoted five tokens that have declined at least 97%. Portnoy started his career covering sports and pizza shops, then started daytrading to keep his gambling audience entertained during the COVID-19 sports shutdown. Nowadays, he’s a proudly degenerate crypto promoter who has pumped and issued memecoins and even lists them in his X bio. For example, he promoted MONTOYA at 1:38pm New York time at a market cap of $2.75 million, and it hit $9.95 million within two minutes. The Solana-based token, named after…

Crypto.com has partnered with Green Dot to expand its financial services to its U.S.-based users. Using Green Dot’s embedded finance platform, Arc, Crypto.com will rely on Green Dot to support Crypto.com’s Cash Accounts, providing users with easy access to U.S. dollar funding options and utilizing savings tools. This collaboration brings an on-and-off ramp system enabling users to deposit or withdraw funds digitally or in cash from over 95,000 retail locations nationwide through the Green Dot Network. What’s more, it also includes the launch of a new savings vault that enables users to earn interest on the balances in their Cash…

Plume, a blockchain platform purpose-built for Real World Asset Finance, has announced a strategic partnership with Soneium, the Ethereum Layer-2 network developed by Sony Block Solutions Labs. The collaboration aims to bring real-world asset staking and yield directly to users in the Soneium ecosystem, leveraging Plume’s native interoperability layer, SkyLink, according to a note shared with crypto.news. The announcement details how SkyLink will serve as the technical bridge allowing yield from tokenized U.S. Treasuries, private credit, and other real-world assets to stream cross-chain into Soneium. For the 5.1 million users within the Soneium network, this opens direct access to institutional-grade…

On a day when some of the biggest names in crypto ETFs – Fidelity, ARK and Grayscale – showed red outflows, BlackRock made a move that may turn heads across the market – a $970 million increase in its Bitcoin holdings. Data from Lookonchain confirms that Fidelity Wise Origin, ARK 21Shares and Grayscale’s flagship Bitcoin ETF all recorded net outflows. Fidelity saw a one-day withdrawal of 917 BTC, ARK lost 2,389 BTC and Grayscale pulled back by 103 BTC. The total net outflow among these three: over 3,400 BTC. Meanwhile, BlackRock’s iShares Bitcoin Trust (IBIT) added a staggering 10,249 BTC…

A widely followed analyst and trader is leaning bullish on a decentralized finance (DeFi) project built in the Ethereum (ETH) ecosystem. The analyst, pseudonymously known as Credible Crypto, tells his 467,000 subscribers on the social media platform X that it is “only logical” for the native token of the DeFi altcoin Curve DAO (CRV) to hit a new all-time high against Bitcoin (BTC) before the end of the cycle. According to the pseudonymous analyst and trader, CRV could surge by around 1,840% from the current level to reach a price of 0.00015 BTC. CRV is trading at 0.00000773 BTC ($0.739)…

Ethereum (ETH) blockchain faces a builder exodus as rival ecosystems like Solana (SOL) gain traction. The allure of the Solana blockchain for developers includes superior support for startups and streamlined user experiences. Ethereum Hackathon Missteps Drive Builders To Solana Ethereum has long been the leading smart contract platform for decentralized applications (dApps). However, this position is now under threat, with Jacob Franek, co-founder of Alliance crypto accelerator, issuing a stern warning. According to Franek, Ethereum’s over-reliance on hackathons fails to deliver meaningful innovation. In his opinion, this lapse could cost the network its edge. “If the Ethereum community wants to…

Charles Hoskinson, the founder of Cardano, has made bold predictions for ADA. According to him,if the Input Output Cardano Roadmap is completed successfully, the value of ADA could soar to new highs, possibly $3, $5, or even $10 per ADA. However, he added that the Cardano community’s willingness to support and contribute to the roadmap’s demands will play a key role in achieving this vision. BREAKING NEWS:$ADA TO HIT $10 😱😱😱@IOHK_Charles says that if they successfully deliver on the Input Output Cardano Roadmap, the value created could reach tens of billions of dollars.”We could be looking at $3 $ADA, $5…

Kraken has introduced Kraken Embed, a new Crypto-as-a-Service (CaaS) product. It is designed for neobanks, fintech companies, and traditional banks. The service allows institutions to offer cryptocurrency trading to their customers. Earlier this month, Kraken expanded beyond crypto by launching FX perpetual futures for EUR/USD and GBP/USD. Available on Kraken Pro, the new instruments allow 24/7 trading of major currency pairs for the first time on the platform. Unlike traditional FX products, these contracts do not expire and trade continuously. Brett McLain, Head of Payments and Blockchain at Kraken, Source: LinkedIn “Our Crypto-as-a-Service solution enables a wide range of financial…

Mercado Bitcoin, Brazil’s largest crypto exchange, announced on Wednesday a new partnership with Wormhole to expand the reach of its tokenized financial assets. This new partnership aims to expand over $200 million in tokenized assets, including private credit offerings, across more than 30 blockchain ecosystems. The Rio de Janeiro-based exchange is already a major player in Latin America’s digital asset landscape, with over 4 million clients and a growing portfolio of tokenized offerings. By integrating Wormhole’s interoperability protocol, MB seeks to offer a more scalable and transparent solution for on-chain asset issuance and trading, especially in the underserved secondary markets…