Author: NBTC
Ethereum’s position among major cryptocurrencies suffered as it demonstrated disappointing performance during the current times. Ethereum’s market capitalization evolution has unpleasantly disappointed numerous retail investors despite Bitcoin (BTC), Binance Coin (BNB), Ripple (XRP), and Solana (SOL) showing healthy gains. Since March 2024, ETH experienced major price declines relative to other leading crypto assets, according to data from analytics platform Santiment. Source: Santiment During the two years between 2022 and 2024 Ethereum maintained approximately 10% of the discourse among key assets. The influence of Ethereum within social discourse stands at approximately 6-7% currently compared to its previous 10% dominance. However, there…
Funded Trader Markets (FTM), a retail prop firm based in Cyprus, has significantly broadened its cryptocurrency trading options, adding more than 30 new crypto pairs to its platform. With this expansion, FTM now offers traders access to over 40 different digital assets. In recent months, a growing trend has emerged among firms offering challenge-based simulated trading environments, originating from the CFD market—mainly Forex (FX). These firms are increasingly shifting toward offering their clients either regulated futures products or cryptocurrencies. The expanded list includes widely recognized assets such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), as well as a variety…
Bitcoin’s price has rebounded strongly over the past week, recovering from a low of $74,000 earlier this month to now trade above the $95,000 mark. This upward movement represents a 12% gain in the past seven days, signaling a potential shift in short-term market sentiment following a multi-week period of correction and volatility. Despite this upward trajectory, some underlying metrics suggest that investors remain cautious, especially within the derivatives market. Bitcoin Negative Funding Rates Return Amid Price Rally A CryptoQuant analyst known as ShayanBTC has pointed to a developing divergence between price action and funding rates, particularly on perpetual futures…
Over $380 million in Ethereum has flowed out of exchanges in the past week. Large ETH holders have increased their positions, reversing a long-term downtrend in wallet concentration. On-chain data suggests growing investor confidence despite subdued trading volumes and ongoing market caution. Ethereum (ETH) continues to flow out of centralized exchanges at a significant rate. Over the past seven days alone, net outflows surpassed $380 million, according to blockchain analytics firm IntoTheBlock. This reduction in exchange-held ETH reflects growing investor accumulation into self-custody and could point to a tightening supply narrative that has historically preceded price rallies. ETH Accumulation Persists…
Aptos (APT)’s performance and revenues seem growing, thanks to the blockchain’s innovation. The blockchain experienced a remarkable increase in on-chain activity during the second six months of 2024. That is according to data shared today by crypto analyst Nansen. Numbers don’t lie.A quick recap of H2 on Aptos according to @nansen_ai:✔️ 700% TVL increase✔️ Daily active addresses grew 5x to 1M+✔️ Native support for the world’s 3 leading stables: USDC, USDT, & USDe✔️ Surpassed 2B total transactions https://t.co/K2C5sFMAna — Aptos (@Aptos) April 27, 2025 Aptos sees continued growth in 2024 Throughout the second half of 2024, Aptos, a Layer-1 blockchain…
An officially licensed “The Walking Dead” role-playing game based on the popular TV show will be shut down after July 31, according to blockchain game publisher Gala Games. The Walking Dead: Empires, a multiplayer survival game that was built around Ethereum NFTs, was playable in open beta for the last year after first being announced in late 2021. “After careful consideration, we have made the difficult decision to sunset The Walking Dead: Empires, with the last playable date set for July 31, 2025,” wrote Gala Games in a statement this week. Available for playtests as early as 2023, the game…
Bitget Wallet becomes the first digital wallet to integrate itself with Paydify, allowing users to make stablecoin payments at select physical and online merchants. According to the press release sent to crypto.news, the non-custodial crypto wallet has partnered with crypto payment service Paydify to facilitate stablecoin payments. The integration enables merchants to accept stablecoin payments from users via the Paydify platform. Through the integration, users will be able to pay using Tether (USDT) and USD Coin (USDC) at select physical and online merchants via Paydify. Merchants receive instant settlement in stablecoins without needing to create an account on a separate…
Cardano, working with the Ethereum Foundation, announced a new identity wallet designed to be secure against quantum computing threats, advancing blockchain security and digital identity management. Announced by Frederic Gregaard, CEO of the Cardano Foundation, the wallet leverages post-quantum cryptography (PQC) to safeguard users against potential threats posed by quantum computing. Standard cryptographic methods (such as RSA and ECC) are vulnerable to quantum attacks, but PQC algorithms are designed to resist such vulnerabilities. This partnership between Cardano and Ethereum won’t just stop at individual wallets as the goal is to continue developing quantum-secure solutions that can be implemented across various…
White House crypto advisor Bo Hines said a global space race for Bitcoin accumulation is underway, and the US is determined to lead it. “I think there is definitely a sort of space race as it pertains to the accumulation of this asset,” said Hines in a recent interview with Bitcoin Magazine. The statement addressed whether the Trump administration views Bitcoin’s scarcity as a reason for swift action to avoid being front-run by other nations. “We recognize the other ecosystems that exist. And that’s why we have the Digital Assets National Stockpile as well,” he added. “We want to encourage…
Data shared by the popular data platform Shibburn, which tracks transactions that move SHIB meme coins to unspendable wallets from the circulating supply, shows that over the past day, this metric has demonstrated an impressive four-digit increase. Tens of millions of SHIB coins have been sent to “inferno” addresses and lost forever. SHIB burns jump 3,084% The aforementioned data source revealed that over the past 24 hours, the SHIB community managed to dispose of an impressive chunk of meme crypto — 25,730,100 Shiba Inu. HOURLY SHIB UPDATE$SHIB Price: $0.00001381 (1hr 1.18% ▲ | 24hr 0.34% ▲ )Market Cap: $8,136,975,088 (0.36%…