Author: NBTC
Amazon Web Services (AWS) and Microsoft have been pulling back from AI data center investment, suggesting problems with the centralized model. Analysts are taking this latest development to reiterate why decentralized blockchain-based infrastructure could be the solution. Kai Wawrzinek, co-founder of Impossible Cloud Network, discussed these looming questions in an exclusive interview with BeInCrypto. AI Data Centers Hit a Wall A few months ago, AI seemed like one of the global tech industry’s most promising sectors. However, with firms like AWS and Microsoft announcing pauses in AI data center construction, the picture looks very different. What happened? What does the…
Max Keiser, a former financial journalist and currently the Bitcoin advisor to El Salvador’s president Nayib Bukele, has once again reaffirmed his bullish BTC stance. Keiser posted a tweet, saying that he expects the world’s pioneer cryptocurrency to start pumping soon. Key reason for Bitcoin to pump from Max Keiser Keiser shared a tweet by X user “Chicken Genius” with more than 216,000 followers. The tweet features a chart that shows “Cumulative total spending since Trump’s inauguration compared with the same periods in 2023 and 2024.” So far, the chart shows, the level of spending has reached $150 billion, with…
On-chain data shows smart money flowing into Ethereum (ETH) as whales/ institutions accumulating the asset. Today, a major whale whose wallet address identified to belong to Cumberland withdrew 27,632 ETH (worth $50.24 million) from trading platforms including Copper, Binance, and Coinbase. This market activity shows renewing interest among large investors on Ether. It seems that whales/institutions are accumulating $ETH!Over the past 3 hours, a wallet linked to #Cumberland has withdrawn 27,632 $ETH($50.24M) from #Copper, #Binance, and #Coinbase.https://t.co/2CNtRUpICk pic.twitter.com/FK0A68w1vT — Lookonchain (@lookonchain) April 29, 2025 Whale activity shows confidence in Ether This prominent whale’s move into the Ethereum market with such…
The Bank of Italy has warned that President Donald Trump’s aggressive push to normalize crypto could wreck the global financial system. In a financial stability report published on Tuesday, officials in Rome said the United States’ growing support for crypto assets risks making them so important that a future collapse would hammer banks, bond markets, and the real economy. According to the Bank’s report: “The strong growth of Bitcoin and of other crypto assets with high price volatility means risks not only for investors but also potentially for financial stability, given the growing interconnections between the digital asset ecosystem, the…
A SHIB whale who accumulated nearly 198.17 billion tokens over the past month appears to have exited its position, sending the full amount back to Coinbase just 16 hours ago. The tokens, now worth approximately $2.71 million, were sent to a Coinbase hot wallet in a single transaction – likely signaling a sale or preparation to sell. Looking at on-chain data by Arkham Intelligence, the same wallet received three incoming transfers from Coinbase between one month and three weeks ago, totaling roughly the same amount: 87.28 billion, 32.20 billion and 78.67 billion SHIB. At the time of those transfers, the…
Currency.com, a platform operating at the intersection of crypto, trading, and payments, is in talks with N7 Capital. The firm has signed a Letter of Intent with an investor linked to CXNEST LTD, Currency.com’s parent company, for a potential stake acquisition. Although the financial details of the transaction remain undisclosed, N7 Capital aims to support the aspects of traditional finance with the evolving digital asset economy. The investment aligns with a broader trend of fintech-focused capital moving into more institutionally-minded crypto ventures. Currency.com, which offers trading services, asset custody, and payment solutions, has recently undergone strategic repositioning. Positioning for Institutional…
Chainstack, a prominent Web3 infrastructure platform, has announced complete support for Scroll, a well-known Ethereum-focused L2 scaling solution using zkEVM, on its native Unlimited Nodes. Chainstack’s support for Scroll on Unlimited Nodes endeavors to expand Web3 infrastructure by allowing developers to seamlessly pay in $SCR, deploy diverse Scroll nodes, and more. The platform took to social media to announce this support. Chainstack is proud to support @Scroll_ZKP on Unlimited Nodes.Builders can now deploy Scroll nodes, pay seamlessly in $SCR, and enjoy unlimited RPC requests.Simple flat-rate RPS tiers, no concerns about usage overages or CU/method-weight pricing complexity.… pic.twitter.com/0xxl3JFT3H — Chainstack 💙🛠️…
Bitcoin has surpassed the $95,000 as it continues to climb higher. Analysts predict the BTC rally could catapult the cryptocurrency back to its $100,000 level. According to data from crypto.news, the largest cryptocurrency by market cap has ended the month strong after it soared as high as $95,444 in the past 24 hours of trading. The last time BTC stood at $95k was in mid-February before it plummeted lower and settled below $80,000 at the beginning of this month. At press time, BTC has maintained its position above the $95,000 mark, going up slightly by 0.1% and settling at $95,104…
Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout. Analysts are closely watching Ethereum’s movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets. Top analyst Daan shared insights revealing that ETH is still consolidating within its current range against Bitcoin (BTC). According to his analysis, he’s watching the local…
U.S. stocks closed higher as investors welcomed signs of progress on trade policy and processed a flurry of corporate earnings. The Dow Jones Industrial Average rose 300 points, or nearly 0.75%, while the S&P 500 gained 0.6% and the Nasdaq Composite added 0.5%. The bounce gained momentum in the afternoon after U.S. Commerce Secretary Howard Lutnick told CNBC that a trade deal with an unnamed country was “done” but awaiting approval abroad. Investors interpreted the remarks as a positive signal amid uncertainty surrounding Trump’s trade strategy. Despite the rally, President Donald Trump’s first 100 days of his new term have…