Author: NBTC
With the cryptocurrency industry evolving daily, Cardano remains a major market player that has been the center of attention this week. Recent data shared by TapTools via X shows that more than 78% of Cardano’s total supply is now in circulation. Hence, it is one of the most widely distributed cryptocurrencies in the market today. Cardano’s path mirrors Bitcoin’s scarcity playbook With this milestone, Cardano (ADA) is now second only to Bitcoin in terms of circulating supply among the top ten cryptocurrencies. The high circulating supply suggests that a large percentage of ADA tokens are in the hands of the…
BVNK has secured backing from Visa Ventures, marking the payments giant’s latest move to integrate stablecoin technology into its global network. Stablecoin payments infrastructure provider BVNK has secured a strategic investment from Visa, deepening the traditional payments giant’s push into blockchain-based settlement technologies. The investment, made through Visa Ventures, was announced Tuesday by BVNK CEO Jesse Hemson-Struthers. Although the financial terms weren’t disclosed, the move follows BVNK’s $50 million Series B round in December 2024, which was led by Haun Ventures and included backing from Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global. Hemson-Struthers described the partnership…
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee as we dissect Bitcoin’s place in mainstream finance. The narrative of the pioneer crypto decoupling from traditional equity markets gains significant attention, but is it ready for the next step? Crypto News of the Day: Bitcoin Still a Diversifier, Not a Reliable Hedge, RedStone Exec Says BeInCrypto’s recent US Crypto News series in April explored whether the digital gold narrative was breaking down as Gold ascended to new highs while Bitcoin lagged. The report came after…
A high-net-worth Ethereum ($ETH) investor has recently made a re-entry into the market with a huge bet. As per the data from Lookonchain, the crypto whale again participated in the Ethereum market with a bold $20.55M bet following DCA strategy, irrespective of having formerly incurred a large loss of $11M. The on-chain analytics platform took to its official account on X to share details of this event. Despite losing ~$11M on $ETH before, this ETH cultists is still buying.3 months ago, a whale sold all $ETH at ~$2,740, losing ~$11M.One month ago, he re-entered by buying 2,713 $ETH($4.07M) at $1,502.As…
Polkadot announced the near completion of Polkadot 2.0, the highly anticipated upgrade to the blockchain network that includes features such as agile coretime, async backing, and elastic scaling. The whole point of the upgrade is to improve flexibility, speed, and scalability. The mentioned features are bound to make an impact as Polkadot is positioning itself to better meet the demands of the rapidly evolving blockchain landscape. For instance, asynchronous backing will allow parachains to produce blocks independently of the relay chain’s block production schedule, increasing throughput and reducing latency. Agile coretime will replace the previous fixed slot auction system and…
Plume Network, a noteworthy L1 to tokenize and trade real-world assets (RWAs), has announced its collaboration with Hyperliquid, a crucial blockchain and DEX. $PLUME token will now be available on Hyperliquid exchange. The integration of Hyperliquid denotes a key development in the multichain expansion plan of Plume Network to dramatically widen composability and accessibility for consumers. Both the platforms revealed the details of this initiative in threads of posts on X. PLUME is now live on @HyperliquidX, accessible from dozens of chains for hundreds of thousands of new users.We’re proud to be a day 1 launch partner for Hyperbridge as…
Bitcoin is trading stronger today, up over 3% near $96,800, but it’s hitting a tough spot trying to stay above the $97,000 mark. Experts note Bitcoin could face significant resistance around the $100,000 and $110,000 levels as it eyes future gains. This comes as the broader crypto market shows bullish signals, with most top 10 altcoins also in the green. Bitcoin’s Path to a New All-Time High: How Soon? Bitcoin’s all-time high was $109,358, set, back in January 2025, about 141 days ago. A macro analyst has observed that, on average, it takes about 211 days to reach a new…
The somewhat recent launch of Ripple’s RLUSD stablecoin has sparked discussions within the XRP community on X, with members debating XRP’s evolving role versus this new digital dollar. Some community members express concerns that RLUSD might diminish XRP’s utility, especially in areas like cross-border payments and liquidity provision. Community Concerns: Will RLUSD Sideline XRP’s Utility? One community member particularly highlighted Ripple’s shift to minimize XRP’s role, focusing it mainly on transaction fees, since RLUSD can be used for everything else. However, others pointed out XRP’s status as a liquidity engine rather than a gas token, meaning XRP facilitates efficient value…
A crypto trader known as James Wynn has sparked widespread interest after reportedly earning over $46 million in profits within just two months on the decentralized exchange Hyperliquid. Since March, he has bagged surprising profits by a series of high-leverage positions on Bitcoin and various meme coins, including PEPE, TRUMP, and Fartcoin. Hyperliquid Trader Criticizes CEXs While Riding $46 Million Profit Wave According to on-chain analytics firm Lookonchain, Wynn began actively trading on Hyperliquid around mid-March. Since then, he has placed aggressive long positions with leverage ranging from 5x to 40x. Five of those positions remain open and are still…
While Bitcoin had a weak performance in the first quarter of 2025, it is experiencing a strong recovery after the first week of April. At this point, Bitcoin rose above $97,000 again following news that the US and China will resume tariff talks. While moving at $96,000 levels ahead of the critical FED decision, market analyst Omkar Godbole said that the Bitcoin chart indicates an upward trend. According to the analyst, Bitcoin is showing similar technical patterns to those that preceded its late-2024 rally. MACD Indicator! Analyzing the popular MACD indicator, which is primarily used to identify trend reversals and…