Author: NBTC
649,600 BTC bought between $95,193–$97,437. Support worth $61.6B could protect BTC from dips. Key downside support lies at $93,625 and $91,521. Bitcoin is showing signs of a sustained recovery after weeks of consolidation, with technical indicators suggesting a possible move towards the $100,000 mark. Recent on-chain data and trading patterns hint at renewed bullish sentiment as investors hold their positions, potentially creating strong support at current levels. As central banks maintain cautious policy stances and institutional interest in crypto remains elevated, Bitcoin is once again emerging as a focal point for traders seeking high-upside opportunities. This rebound also coincides with…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trust Wallet’s new Stablecoin Earn feature aims to transform idle digital dollars into active opportunities, without compromising self-custody or simplicity. Stablecoins have long been considered the quiet workhorses of the cryptocurrency economy, stable in value, practical in use, yet often overlooked when it comes to unlocking their full financial potential. But as decentralized finance (DeFi) matures and stablecoins gain broader traction, new possibilities are emerging beyond simply holding digital dollars. Trust Wallet, one of the leading self-custody crypto wallets,…
The growth and development of Shibarium, the Shiba Inu Ethereum layer-2 scaling solution, is paving the way for new milestones. Data from Shibariumscan shows that the protocol is on the verge of breaking a new adoption record regarding total address count. Shibarium address outlook According to the current Shibarium outlook, the total number of registered addresses on the network has reached 199,199,906 since its inception. With this figure, the layer-2 scaling solution is just about 800,094 away from hitting the 200 million addresses milestone. Shibarium is not new to breaking milestones. As reported earlier by U.Today, the protocol recorded a…
Sam Altman-backed World project has announced a collaboration with U.S. technology firm Match Group, the company behind renowned dating apps like OkCupid, Tinder, and Hinge. On May 1, Sam Altman’s iris-scanning blockchain project is teaming up with Match Group’s portfolio of dating apps to bring World’s unique identification code into the online dating world. The company’s collection of dating apps include Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish and OurTime among others. The collaboration would deploy World Chain (WLD)’s permissionless identity protocol, World ID, into Match Group dating apps to verify whether the profile owner is a real human…
A market expert and Cardano community commentator believes Cardano is set to enable secure Bitcoin DeFi through ongoing integrations. Notably, Bitcoin ended April on a strong note, climbing from below $75,000 to over $95,000 by month’s end. Despite a sideways trajectory over the past week, the crypto recorded a 14% monthly gain, recently surpassing silver in market cap. Interestingly, this feat has stirred attention, particularly in light of emerging developments linking Bitcoin and Cardano in the decentralized finance space. Bitcoin Surpasses Silver Bitcoin’s market capitalization reached $1.872 trillion by the end of April, narrowly exceeding Silver’s $1.847 trillion, according to…
This is a segment from The Drop newsletter. To read full editions, subscribe. Crypto accelerator Alliance DAO has announced its latest cohort of 20 startups: the ALL14. They received over 1,700 applications this time around. Accepted startups will join the three-month accelerator to further build their businesses. The first two weeks are in-person, and the remaining weeks occur remotely. Typically, accelerators offer connections, networking and guidance in exchange for some equity in the startup that is accelerated. This accelerator includes lectures, one-to-one mentorship, weekly check–ins and a demo day. Alliance DAO, formerly known as DeFi Alliance, counts other founders, lawyers,…
The crypto market is gearing up for a big month ahead, with over $4.4 billion worth of tokens scheduled to unlock throughout May 2025. Token unlocks often lead to increased market activity, as large amounts of previously locked tokens become available for trading. This can affect token prices, sometimes causing volatility as more supply enters the market. Some of the biggest token unlock events this month involve WhiteBIT Coin (WBT), Sui (SUI), Pyth Network (PYTH), Aptos (APT), and Arbitrum (ARB) with traders eyeing key dates across the calendar. WhiteBIT Coin Will Unlock $1.16 Billion Worth of WBT on May 13…
Gaming startup Playtron announced onstage at Sui Basecamp in Dubai that it plans to roll out a stablecoin on Sui that is specifically designed to be used for gaming. Set to launch in Q4 this year, the Game Dollar will be used for purchases, subscriptions, and rewards across the Playtron GameOS ecosystem, including on the upcoming SuiPlay0X1 handheld console. Playtron claims that the stablecoin will be backed by short-term U.S. Treasuries as defined by M0, the platform behind the token. A stablecoin is a crypto token that is pegged to a stable asset, usually fiat currencies like the U.S. dollar.…
Bitcoin, the leading cryptocurrency, has recently shown signs of recovery after a period of consolidation. Over the past few weeks, BTC’s price action has begun to push higher, suggesting the possibility of a rally that could propel the cryptocurrency toward the much-anticipated $100,000 mark. This movement has sparked renewed optimism among investors, as a significant price surge could bring considerable profits to those holding Bitcoin. Bitcoin Investors Are Eager For Profits The MVRV (Market Value to Realized Value) ratio has recently bounced off the mean line of 1.74, which is historically a strong point of confidence for Bitcoin. When this…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Over the past few months, people involved in Solana DeFi have been asking questions about SolFi, a DEX that sprang up in November and almost immediately captured over 20% market share on swaps between stablecoins and SOL. SolFi was able to quote better prices than competitors, but at least one business partner I spoke to didn’t know who was behind the new exchange before today. In general, few seemed to be in the loop as to how SolFi was achieving such good prices. Today, Ellipsis Labs —…