Author: NBTC
The clock is ticking for IOTA, as the highly awaited IOTA rebase upgrade will go live within the next 24 hours, marking a pivotal moment for the IOTA network as it enters a new phase. The IOTA Rebased network upgrade, which will go live May 5, 2025, represents a historic shift as the network migrates from the current Stardust architecture to the all-new IOTA network. The upgrade heralds a new era for IOTA, promising increased decentralization (up to 150 validators), scalability with over 50,000 TPS and subsecond finality, and IOTA staking rewards. The network will shut down to pave the…
Bill Miller IV, chief investment officer at Miller Value Partners, told CNBC that cryptocurrency governance is rapidly evolving. He added that bitcoin has once again crossed the six-figure threshold and, in his view, still “has a lot of room to go.” Miller Calls Bitcoin a Check on Fiat Abuse, Hints at $20T Potential During the exchange with CNBC, Miller observed that U.S. supervision of digital assets—stablecoins most of all—remains in its early chapters. He cited the Senate’s inability to advance a stablecoin measure as evidence of regulatory ambiguity yet portrayed the setback as a moment that could steer policymakers toward…
Ethereum jumped more than 8% over the past 24 hours, accelerating its momentum on Tuesday after an encouraging inflation report and amid other upbeat signs that have rekindled investor appetites for crypto and other risk-on assets. The second-largest cryptocurrency by market capitalization cracked $2,700 at one point during the late afternoon Eastern Time before retreating slightly below that threshold. Even so, the coin is up a whopping 51% during the past seven days, according to crypto markets data provider CoinGecko. “We’re mostly seeing continuing momentum for ETH,” Carlos Guzman, research analyst at crypto market maker GSR, told Decrypt. “ETH is…
Hong Kong investment group Avenir snapped up another 3.4 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, bringing its holdings of the fund to nearly $700 million, according to a U.S. regulatory filing published Thursday—further evidence that spot Bitcoin ETFs are gaining traction among financial institutions. Avenir held 14.7 million IBIT shares worth $688 million as of March 31, according to its filing,. That marks a 30% increase from the firm’s IBIT holdings for the fourth quarter of 2024. IBIT represents about 86% of Avenir’s portfolio, according to investment research platform Fintel. The firm made…
POPCAT, ZBCN, and AVA top LunarCrush’s Altrank list due to strong price action and social engagement. PENGU, HAEDAL, and PNUT are just a few of the meme coins and utility tokens on the rise. Rising interest in gaming, content, and metaverse platforms has driven VRA, VOXEL, and BMT. LunarCrush’s latest Altrank update for May 3, 2025, highlights a sharp rise in lesser-known and meme-based tokens. The list is dominated by POPCAT, ZBCN, and AVA in the top three positions, thanks to intense social engagement and relative price strength in relation to Bitcoin. TOP 10 COINS BY LUNARCRUSH ALTRANK$POPCAT $ZBCN $AVA…
In a historical moment in which artificial intelligence (AI) is rapidly evolving towards increasingly autonomous, interoperable, and verifiable levels, Hedera takes a decisive step with the launch of AI Studio. That is, an open-source suite designed to build intelligent and reliable AI applications on a large scale. This modular toolkit represents a turning point for developers and companies that wish to integrate AI with the blockchain in a simple, transparent, and secure way. A modular toolkit for the artificial intelligence (AI) of the future thanks to Hedera The key components of AI Studio A strategic collaboration for the future of…
In a recent move, 900 BTC, valued at nearly $93.8 million, was transferred from major crypto exchange Binance to an unknown wallet. According to blockchain data tracker Whale Alert, “900 BTC (93,786,226 USD) transferred from Binance to an unknown wallet.” This transaction has attracted attention in the crypto community, prompting speculation on the motivations behind the move. While the exact reasons for this transfer remain unknown, large transactions of this nature are often indicative of a few possibilities. Withdrawals from exchanges may signify buying, while deposits may signal intent to sell; the move might be accumulation by a whale or…
Key Takeaways Ethereum’s price surged nearly 50% to over $2,700 after the Pectra upgrade. Abraxas Capital acquired 211,030 ETH valued at approximately $477 million post-upgrade. Ethereum rallied nearly 50% to over $2,700 after the Pectra upgrade and is now around 6% below what it held when Eric Trump publicly promoted the asset, TradingView data shows. The president’s son voiced bullish sentiment toward Ethereum in a Feb. 3 post, tweeting, “In my opinion, it’s a great time to add $ETH. You can thank me later.” He later edited the statement to remove the last sentence. His post came on the heels…
Stocks inched higher today, despite concerns over lower retail spending and escalating retail prices. U.S. stocks edged up on Thursday, May 15, even amid negative retail indicators. The Dow Jones was trading at 42,191, up 140 points or 0.33%. The S&P 500 rose 18.75 points, or 0.32%, to 5,911. Meanwhile, the tech-focused Nasdaq was nearly flat at 19,140 points, down just 8 points or 0.04%. You might also like: Dow, S&P 500, Nasdaq wobble as stocks rally cools Stocks were weighed by retail sales figures released on the same day. Notably, growth in retail sales slowed dramatically in April. Sales…
Cratos tops gainers with a 27% surge, leading a rally in fan and DeFi tokens. Fan tokens like ATM and ACM post double-digit gains driven by Binance activity. Mid-cap DeFi assets show strong growth, with STPT and ABT leading in market value. Cratos (CRTS) emerged as the day’s top-performing digital asset on May 4, 2025, registering a 27% price increase according to data published by Phoenix Group. The token rose to $0.00040, lifting its market capitalization to $24.6 million. CRTS led a broader rally that included fan tokens and decentralized finance (DeFi) assets, many of which posted double-digit gains. The…