Author: NBTC
In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0% from approximately 1,500 to 880, and daily buyers falling 38.1% from about 1,300 to 800. This suggests a shift toward higher average transaction values amid fewer market participants. The sales surge was primarily driven by strong demand for Guild of Guardians Heroes and Avatars NFTs,…
Large ETH holders have been accumulating throughout late 2024 and into 2025, even as retail balances decline, data from Nansen shows. Even though Ethereum’s (ETH) price is down over 44% this year and trading around $1,900, some large investors are still adding to their holdings, according to on-chain data from Nansen shared with crypto.news. Ethereum whales’ holdings | Source: Nansen While smaller ETH holders have been reducing their balances, whales holding between 10,000 and 100,000 ETH have increased their holdings by over 12% in early 2025. “The 10k-100k segment saw over a 12% growth in 2025 alone on their total…
The public mainnet for Story Protocol, a layer-1 network for licensing and maintaining intellectual property, is now up and running following a nearly six-month testnet phase. Developed by PIP Labs, the project seeks to reduce legal friction for creatives and academics by hosting a platform for registering IP and leveraging it in commercial settings. Allowing IP owners to set programmable terms for how their content is used, Story’s whitepaper says that “any two willing individuals can trade, extend, and monetize their ideas directly on Story without interference from rent-seeking intermediaries.” Story’s testnet phase began on August 27 last year, with…
The crypto industry’s Fairshake political action committee is flooding Republican candidates with last-minute money in special congressional elections in Florida. Two U.S. House of Representatives seats had been opened by resignations when their occupants were tapped for posts in President Donald Trump’s administration, including that of Matt Gaetz, the politician Trump sought for the attorney general job who was tied to accusations of sex with a minor and drug abuse. The open seats are pivotal for Republicans’ control of their tight margin in their House majority, so Democrats have devoted tremendous money and attention to them. An affiliate of the…
Anti-MEV functionality has launched on the Neo X EVM sidechain TestNet. Activated at block height 2,088,000, the upgrade introduces enveloped transactions and threshold signature support to enhance transaction fairness and network security. MEV strategies – where miners, validators, or bots reorder, insert, or censor transactions to extract profit – are responsible for billions of dollars in user losses annually. These practices disproportionately affect retail users and undermine the integrity of DeFi products built on blockchains. Neo X is being developed in part to mitigate these exploits through an approach designed to prevent transaction-level manipulation by its network validators. Enveloped transactions:…
Ethereum (ETH) has been struggling to maintain upward momentum despite repeated attempts to recover. Recent price movements show Ethereum trading at $1,936, hovering just above the critical $1,862 support. However, the lack of volatility and declining market interest could push the price down further, potentially reaching a 17-month low. Ethereum ETFs Witness Outflows Ethereum’s spot ETF has experienced significant outflows over the past month, highlighting declining interest in the cryptocurrency. In the last 48 hours alone, nearly 49,000 ETH were withdrawn from the ETF, signaling that investors may be losing confidence in Ethereum’s short-term prospects. The sustained outflows reflect a…
The crypto industry is hitting a wall. Big banks, investment firms, and financial giants are already handling billions in blockchain transactions, yet full-scale adoption in traditional finance is still far off. The problem, according to a Bloomberg feature report, is that regulation is a mess, infrastructure is weak, and institutions still don’t understand crypto well enough. With Donald Trump back in the White House, the U.S. is taking a pro-crypto stance, and Europe’s Markets in Crypto-Assets (MiCA) regulation is now in effect. Wall Street executives are analyzing what it will take for crypto to move from the edges of finance…
A newly created wallet has withdrawn a large amount of Shiba Inu ($SHIB) and Avalanche ($AVAX) tokens from Binance, prompting speculation among traders. The wallet moved 290.41 billion SHIB, valued at $4.85 million, and 97,114 AVAX, worth $2.52 million, in the past hour. These transactions coincide with notable price movements for both cryptocurrencies, indicating strong market activity. A newly created wallet withdrew 290.41B $SHIB worth $4.85M, and 97,114 $AVAX worth $2.52M from #Binance in the past hour.Address: 0xef889188ae69f8b5210440be5c45225da4ddb17b pic.twitter.com/WPPa66z5sN — Onchain Lens (@OnchainLens) February 13, 2025 Shiba Inu (SHIB) Gains Upward Traction Shiba Inu is currently trading at $0.00001650, showing…
Maryland Delegate Adrian Boafo and New York Assemblyman Clyde Vanel have urged top Democratic lawmakers to establish a federal cryptocurrency regulatory framework. The lawmakers cautioned in a letter that inconsistent state laws might impede financial innovation. They addressed Senators Elizabeth Warren and Amy Klobuchar, as well as Representatives Maxine Waters and Angie Craig, highlighting the necessity for comprehensive legislation during the 119th Congress. The lawmakers highlighted New York’s regulatory leadership with its BitLicense program and digital currency task force, alongside Maryland’s recent legislative efforts. They pointed out that at least 35 states, Washington D.C., and Puerto Rico have introduced crypto-related…
SBC Medical Group Holdings Incorporated announced plans to purchase Bitcoin (BTC) worth 1 billion yen ($6.7 million) as part of a long-term strategy aimed at asset diversification and inflation hedging. The Japan-based medical services provider said investing in Bitcoin aligns with its goal of establishing a robust financial foundation while adapting to evolving macroeconomic conditions. Bitcoin strategy SBC Medical’s holding company in the US will execute the purchase through Coinbase. The firm said it carefully considered accounting, tax, and cybersecurity factors before making the decision. The company described Bitcoin as a store of value with long-term appreciation potential due to…