Author: NBTC
A prominent XRP community commentator suggests why banks could utilize XRP amid what he believes is a looming financial crisis. Notably, XRP maintains resilience amid bearish pressure, holding firm above the $2.2 price level despite struggling to break beyond it. As the broader crypto market enters another consolidation phase, XRP has faced a roadblock to its recent recovery push. However, community pundits such as Versan Aljarrah, co-founder of Black Swan Capitalist, believe the asset’s long-term potential remains bullish. Aljarrah recently resurfaced a video analysis titled “Why Banks are Holding XRP” to explain how XRP could fit in the financial scene.…
In a recent update shared on social media platform X, Binance.US, the American arm of major crypto exchange Binance, has made it known that it will retire existing deposit addresses for IOTA as part of its support for the upcoming IOTA mainnet upgrade. Important update from @BinanceUS ⤵️ https://t.co/ZpfTlqwI6A — IOTA (@iota) April 29, 2025 In a recent X article, Binance.US announced its support for the upcoming IOTA network mainnet upgrade, scheduled to take place on May 5, 2025, from 3:00 a.m. EDT. In preparation for the upgrade, Binance.US indicated that it will retire existing deposit addresses for IOTA a…
World, the biometric cryptocurrency and ID project, has launched Build Latam in Argentina, a program aimed at empowering tech projects to leverage World’s services in their products. Martín Mazza, Tools for Humanity regional manager for Latin America, explained the new security measures the project has implemented to protect user data. World Launches Latam-Focused Incentives, Discusses New Security Measures in Argentina Despite the massive opposition it has faced from local governments in Latin America, World is pushing to increase its influence and adoption in the region. Recently, the biometric and ID initiative launched Build Latam, a program aimed at empowering regional…
A renewed debate over Bitcoin’s transaction relay policy has caught the attention of Cardano founder Charles Hoskinson, amid rising concerns over the use of non-financial data on the blockchain. The discussion centers on OP_RETURN, a Bitcoin feature that allows users to attach small pieces of data to transactions, and a recent Bitcoin Core proposal that could potentially enable high volumes of arbitrary data through the network, challenging the protocol’s original design. Hoskinson responded to the ongoing discourse by sharing a GIF suggesting that current developments are aligning with his past predictions. https://t.co/sB4KsoCzvJ pic.twitter.com/x0aZxKuGt0 — Charles Hoskinson (@IOHK_Charles) April 30, 2025…
Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of revival. After weeks of struggling below key levels, Ethereum now appears to have completed a market structure break, with a technical analyst pointing to $1,500 as the zone where buyers have regained control, and a break above $4,000. Ethereum Structure Break And The $1,500 Turnaround Point Crypto analyst SwallowAcademy, in a recent technical breakdown of Ethereum’s weekly candlestick chart, noted that buyers have successfully initiated a clean market structure break just above the $1,500 zone. Earlier this month, Ethereum briefly dropped as low…
This is a segment from the Blockworks Daily newsletter. “The counterfeit of business is speculation. A man in business always gives value in return for his revenue, and thus performs a useful function.” — Andrew Carnegie When asked about the competitive threat posed by newly formed Federal Steel, Andrew Carnegie scoffed that its real specialty was “manufacturing stock certificates,” not steel. That dismissive comment was emblematic of the 1890s boom in industrial “trust” stocks, most of which Carnegie thought had little to do with business and everything to do with speculation. There were exceptions — the big monopolistic trusts formed…
Blockchain infrastructure heavyweight COTI shared the details of its recent accomplishments in the region of MENA. COTI is one of the founding members of Saudi Arabia AI and Blockchain Centre, a regional hub for sharing the best practices in two red-hot verticals. COTI becomes founding member of Saudi Arabia AI and Blockchain Centre Today, April 30, 2025, the team of COTI announces its role as a founding member of the Saudi Arabia AI and Blockchain Centre (SAAIBC). The centre brings together Saudi Arabian leaders, policymakers and practitioners through a shared mission to accelerate AI and blockchain adoption across MENA and…
The Crypto Council for Innovation is making a case with the U.S. Securities and Exchange Commission that staking is not only a virtue for digital asset markets, but it should be hands-off for the securities regulator. The group — a coalition of staking interests, including Kraken, a16z, Lido, Galaxy, Figment, Polychain and Paradigm — argued in a letter to the agency’s crypto task force that the logic behind the SEC staff’s recent statement that “proof-of-work” crypto mining isn’t a securities transaction under the agency’s jurisdiction, should extend to the practice of staking, pulling it out of the securities bucket. “Stakers,…
Binance, the largest cryptocurrency exchange in the world, has told its customers to look at Kamino Finance for clarification over failed transactions. The exchange issued the clarification via its official wallet account on X (formerly Twitter) following growing complaints from users encountering failed, disappearing balances, and stalled transactions while interacting with Kamino Finance through Binance Wallet. Over the past days, multiple Binance Wallet users have raised concerns on social media about failed transactions when engaging with Kamino Finance, a decentralized protocol built on the Solana blockchain. The complaints range from unsuccessful token swaps to liquidity transactions that appear to hang…
BNB Chain delivered a standout Q1 performance in revenue and on-chain metrics, even as its market cap dipped almost 15%. According to a new report by Messari, BNB Chain posted strong revenue performance in Q1 2025, with network earnings jumping 58.1% quarter-over-quarter to $70.8 million. The surge was largely driven by a 122.6% increase in wallet-to-wallet transaction fees, accounting for 17.4% of total revenue, surpassing DeFi. The DeFi category contributed a modest 8.4% of total revenue, growing 7.6% QoQ, while stablecoin-related activities made up 5.2% of revenue, increasing 23.4% QoQ, but with a reduced revenue share of 5.2%. Source: Messari…