Author: NBTC
Cboe Global Markets is expanding its offering of crypto-based derivatives with the launch of its new Bitcoin product on the Cboe Futures Exchange. Cboe, a leading derivatives and securities trading and investment solutions provider, announced trading for its new Bitcoin (BTC) index futures on Tuesday, April 29. The Cboe FTSE Bitcoin Index futures is a cash-settled futures contract based on the FTSE Bitcoin Reduced Value Index. Its launch adds to the platform’s suite of digital asset products, which already includes spot Bitcoin exchange-traded funds and Bitcoin ETF options. As a cash-settled offering, the BTC index futures product removes the complexities…
As the Dubai Token2049 conference concludes, one of the key takeaways is that the narrative around bitcoin (BTC) is swiftly expanding beyond its traditional role as a store of value to a potential DeFi asset competing with Ethereum and Solana. Prominent industry players like Franklin Templeton view this development as a positive step, confident it will enhance bitcoin’s utility without diluting its core appeal as a store of value as purists or maximalists fear. “I don’t think focusing on Bitcoin DeFi will dilute or complicate Bitcoin’s core narrative,” Kevin Farrelly, managing principal of blockchain venture capital at Franklin Templeton and…
Ethereum (ETH) enters May 2025 trading near $1,845, following a strong bounce from its April lows. After months of bearish pressure, ETH is attempting to reclaim key resistance levels that could determine its trajectory for the rest of Q2 2025. While the market remains cautious, several technical indicators are beginning to show signs of strength. Weekly Chart: Ethereum Testing Major Fibonacci Support Ethereum price prediction (Source: TradingView.) On the weekly timeframe, Ethereum is recovering from the 0.786 Fibonacci retracement level around $2,075, derived from the $1,097 low to the $4,105 cycle high. This region has historically served as a rebound…
XRP is on the move, rising over 6% in the last 24 hours and now trading at $2.33. After weeks stuck between $2.00 and $2.29, many believe this could be the start of a big breakout. The surge comes right after a huge announcement: the SEC has approved the first-ever XRP ETF. It’s from ProShares and focuses on XRP futures. This is a big deal and could lead to a full spot XRP ETF soon—a move that could bring in tons of new investors and push prices even higher. According to experts, this is a big step forward and predicts…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Solana is stalled sideways, with the broader crypto market hitting some light turbulence. SOL is trading at $145.45 midweek, down 2.5% from last Wednesday and now drifting crabwise after a month-long rally that pushed it up nearly 30% from April lows. Despite the modest cooling of momentum, Solana continues to print usage at speed. Over the past 30 days, transaction fees have hit an annualized $432.9 million, with SOL burn running at an annualized $216.5 million pace. Besides macro headwinds, we can probably trace some of the…
Web3 platform SmarTrust is taking on platforms like Upwork with an on-chain escrow system. Web3 is coming to the growing market of freelance work. On Wednesday, April 30, Reactive Network Developer Fund announced the latest funding recipient, SmarTrust. The project is building a multichain escrow layer for Web3 freelancers and clients, based on Reactive Smart Contracts. The network will enable clients to lock funds in smart contracts, which can be released in milestones for payments. These programs are transparent and programmable, without the need for centralized intermediaries. The network also enables third-party dispute resolution, which boosts security for both clients…
The price of Bitcoin edged higher on Tuesday as members of U.S. President Donald Trump’s cabinet teased trade deals ahead of a rally scheduled for the president in Michigan. The original cryptocurrency was recently changing hands around $95,400, a 0.5% increase over the past day, according to crypto data provider CoinGecko. Most altcoins showed bigger gains, with Ethereum and Solana rising 3% to $1,830 and 2% to $150, respectively. The president is expected to speak in Macomb County, Michigan, around 6 p.m. ET, where he will host a “celebration of the most successful and monumental first 100 days of any…
Qitmeer Network, a top L1 blockchain devoted to comprehensive financial infrastructure, has announced a new partnership with iLuminaryAI Wallet, a cutting-edge multichain wallet leveraging blockchain and AI technologies. The collaboration aims to advance the DeFi ecosystem in terms of security and accessibility. The platform took to social media to reveal this joint initiative. Exciting Partnership Announcement! 🤝Qitmeer Network is thrilled to team up with @iLuminaryAI the innovative multichain wallet that combines AI & blockchain for seamless digital asset management. 🔥iLuminary Wallet offers real-time insights, personalized portfolio… pic.twitter.com/XZ4PSeX5bz — Qitmeer Network (@QitmeerNetwork) May 2, 2025 Qitmeer and iLuminaryAI Wallet Partner to…
In a series of on-chain moves over the last two hours, several high-value Ethereum (ETH) purchases have quietly shown renewed whale interest – not through explosive momentum or viral chatter but through deliberate, well-funded activity through both DeFi and centralized exchanges. Wallet 0xDdb4, which is involved in Aave lending markets, borrowed $3.44 million USDC and quickly used it to purchase 1,856 ETH. This was done across Uniswap and known OTC-connected addresses. The swaps look clean and intentional – no signs of speculation or trying to chase yield. It is just a matter of capital rotation into ETH on a large…
Micky Watkins, the CEO of World Mobile, publicly endorses Charles Hoskinson and Input-Output Global (IOG) as the best stewards for Cardano’s future. In a recent X post, Watkins, known as Mr. Telecom, endorsed the Cardano founder and his company. According to him, Hoskinson and IOG are better suited to drive Cardano’s growth than any other entity. This highlights Watkins’s belief that Hoskinson and the IOG have the expertise and technical vision to drive the growth of the broader Cardano ecosystem. Watkins’ endorsement comes days after several community members criticized Hoskinson’s request for additional funds. Hoskinson Requests Additional Funds to Drive…