Author: NBTC

Market activity is likely to be overshadowed by Friday’s monthly U.S. employment figures, with nonfarm payrolls forecast set to increase by 39,000. The figure, seen as a barometer of the health of the world’s largest economy, is one of the most closely watched economic statistics. In the meantime, long-suffering creditors of bankrupt crypto exchange FTX, which failed in 2021, start receiving a total of $1.6 billion as the estate begins its third tranche of payouts. Arbitrum, the largest Ethereum layer-2 blockchain, is voting on investing its stash of idle ETH$4,170.73 to earn rewards. What to Watch Crypto Sept. 29, 8:00…

Blazpay, an inclusive crypto financial entity, has collaborated with DeChat, a renowned Web3 communication platform. The partnership aims to offer wallet-native on-messaging along with secure notifications in the DeFi workflows. As per the official X announcement shared by Blazpay, the collaboration highlights a strategic move to establish a relatively secure and connected Web3 ecosystem. Keeping this in view, the joint effort is expected to improve transaction transparency, engagement, and user safety within the wider DeFi sector. We’re thrilled to announce our partnership with @dechat_io — the open, secure Web3 communications protocol trusted by 500K+ users worldwide. 🤝Together, Blazpay × DeChat…

According to data shared by on-chain analytics platform Onchain Lens, Ethereum founder Vitalik Buterin attracted attention with various meme token sales and ETH transfers. Ethereum Founder Vitalik Buterin Held a Multi-Token Sale and Moved 70 ETH via Railgun Buterin sold 40.25 billion SPURDO, 10.31 billion MARVIN, and 6 trillion DOJO tokens for a total of 22.14 ETH (approximately $96,000). Following the sale, Buterin transferred his assets, worth 70 ETH (approximately $304,000), to a new wallet identified as being affiliated with the Ethereum Foundation. This transfer was made through a proprietary protocol called Railgun, which enhances user privacy. Railgun is known…

A new move came from Kazakhstan, which partnered with the Solana (SOL) Foundation last June and announced plans to establish a Bitcoin (BTC) reserve. Accordingly, Kazakhstan announced the establishment of a state-owned cryptocurrency fund. The official statement announced the launch of the state-owned cryptocurrency fund, the Alem Crypto Fund. It was stated that the strategic partner of the fund is Binance, the world’s largest cryptocurrency exchange. It was stated that the main purpose of the fund is to make long-term investments in digital assets and create strategic reserves. According to the statement, the Alem Crypto Fund could also serve as…

Over the past two weeks, Bitcoin’s hashrate has fallen by nearly 100 exahashes per second (EH/s) — signaling a slowdown in global mining activity. This decline coincides with a $2 drop in mining revenue per petahash (PH/s) since last month, reflecting tighter profit margins for miners amid fluctuating network conditions. Global Bitcoin Hashrate Pulls Back From All-Time High, Signaling Network Rebalance As the next difficulty adjustment approaches next week, estimates anticipate a notable reduction in mining difficulty, potentially offering short-term relief but pointing to broader volatility across the bitcoin mining ecosystem. Roughly two weeks ago, Bitcoin’s total network hashrate reached…

In a groundbreaking move, zkLink, a famous L2 interoperability protocol, has partnered with Revox, as Web3-based AI agent platform. The partnership primarily focuses on accelerating fully autonomous, fast, and smart trading in the DeFi sector with ZK Rollup technology and AI-driven trading agents. The platform revealed via its official social media announcement that the collaboration is a noteworthy development toward reshaping the decentralized trading operations. Hence, the development is set to improve consumer experience, efficiency, and Web3 innovation. Big things are happening 👀We’ve partnered with @revoxdotai to fuse AI trading agents with zkLink’s L3 zkEVM aggregation – bringing smarter, faster,…

The largest altcoin, Ethereum (ETH), surpassed its 2021 ATH in late August, reaching above $4,900 and setting a new record. However, following subsequent declines, ETH has been exhibiting quite volatile activity in recent days, falling below $4,000. After reaching above $4,700 just a few days ago, this surge was short-lived, and it fell back to the $4,300 level. While investors are closely watching which direction ETH will move, major bull Tom Lee’s fund analyst Mark Newton said that the recent pullback in the cryptocurrency market is nothing to worry about. Fundstrat Global Advisors managing director Mark Newton added that he…

Bitcoin BTC$121,677.25 miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting their operations toward AI infrastructure. IREN (IREN) is up 4% at $66 after a 6% rise on Thursday, now up more than 520% year-to-date. TerraWulf (WULF) is 5% higher pre-market after a 10% surge on Thursday, bringing its YTD gain to 150%. Other notable movers include Cipher Mining (CIFR) CleanSpark (CLSK) and Bitfarms (BITF), which all trade 2%-4% higher in pre-market. The total market capitalization of the miners is nearing $90 billion, according to Farside data, and…

Falcon Finance has secured a $10 million strategic investment from M2 Capital to advance its universal collateralization infrastructure for onchain liquidity and yield. UAE’s M2 Group Leads $10M Investment in Falcon Finance’s Universal Collateral Model BVI — Falcon Finance, a decentralized finance (DeFi) protocol focused on universal collateralization infrastructure, announced a $10 million strategic investment from M2 Capital Limited, the proprietary investment arm of UAE-based M2 Group. Cypher Capital, another UAE venture firm known for backing blockchain infrastructure projects, also participated in the round. The funding marks a major milestone in Falcon’s mission to improve stability and capital efficiency across…

The Ethereum Foundation’s ETH sales are a proactive moving on to secure sustainable funding, not a signal of weakness. As the market impact remains limited, with data showing ETH tends to recover quickly after these structured treasury adjustments. The Ethereum Foundation’s decision to sell 10,000 ETH has inevitably drawn questions about price impact. While some traders fear added selling pressure, others point to the Foundation’s measured approach. Previously, Crypto News Flash (CNF) report, also highlighted that the Ethereum Foundation converted 1,000 ETH earlier this year to maintain treasury balance and continue funding goals. EF’s transparency is quoted in its policy…