Author: NBTC
MoonPay, a crypto payments company, secured a crucial $160 million in combined loans from Galaxy Digital and Ripple to sustain the surging demand and purchases of President Donald Trump’s official Solana meme coin, TRUMP, during the weekend of its launch. The trio’s collaboration, which was detailed by the MoonPay President Keith Grossman on the ”When Shift Happens” podcast, required MoonPay CEO Ivan Soto-Wright to “sign away his life” and the company to “promise” it had no liens on its reserve funds. “The volumes were just gigantic,” Grossman said, “All of the liquidity that we use to sort of wire the…
Merlin Chain, a Bitcoin Layer2 solution, has officially launched its AI assistant, Merlin Wizard 0.1, for providing natural language-based interaction and real-time user assistance. The new version integrates a comprehensive knowledge base that includes basic information about Merlin Chain, on-chain operations, ecological layout, and developer guidance. With its 24/7 support capabilities, Merlin Wizard aims to lower the entry barrier for users wishing to participate in the Bitcoin Layer2 ecosystem. Merlin Chain’s AI Venture for Bitcoin Ecosystem Merlin Wizard optimizes Bitcoin’s decentralized characteristics to ensure the availability of AI models and on-chain data, enhancing the overall user experience. Future versions of…
Since last week, the pioneer cryptocurrency BTC has showcased low volatility as its price seeks support at the $95,000 floor. The consolidation displays several neutral candles in the daily chart, indicating no clear initiation from buyers to sellers. However, the state of Bitcoin mining operations highlights an ideal buy opportunity for investors in the mid-term and long-term. According to CoinGecko data, the BTC price currently trades at $96,434, with an intraday loss of 1.06%. Meanwhile, the asset’s market cap is at $1.913 Trillion Key Highlights: Since mid-December 2024, the Bitcoin price has been consolidated strictly between two horizontal levels of…
Kalp has officially formed a partnership with Plena Finance which operates as a leading crypto super app, to make Web3 adoption easier while offering secure decentralized finance (DeFi) solutions that users can easily handle. 🚀 Partnership Announcement! 🚀We’re excited to announce our partnership with @PlenaFinance! 🎉Plena is the first #Crypto Super App to integrate Account Abstraction for over two years—way ahead of the curve! By eliminating the need for native tokens and #Blockchain… pic.twitter.com/nKfQXuQZuc — Kalp (@Kalp_Official) March 22, 2025 Through the RWA tokenization of Kalp along with Plena’s progressive Web3 infrastructure users from around the globe can obtain new…
The ETH market recorded a 73.58% volume increase pushing the value to $2,088.88 as investors demonstrated robust interest in extending this uptrend. The Ethereum market shows growing investor confidence as its price rises 0.2% compared to Bitcoin prices. Analysts predict ETH will surpass $2,100 this month which might initiate a price rise until it reaches $2,500. Ethereum has witnessed a notable price surge, reaching $2,089.11. This marks a 3.55% increase within the past 24 hours, reflecting growing investor confidence and potential bullish sentiment in the market. The recent price movement places Ethereum within a daily trading range of $1,981.37 to…
The tokenization narrative remained one of the most successful categories of tokens, retaining its earnings in an otherwise bearish period. Led by Ondo (ONDO), the sector posted gains where all other token classes had a negative performance. RWA tokens were the only asset class to end the last month with a positive performance, besides Bitcoin (BTC). RWA tokens surpassed all other narratives, especially the AI agents sector, which erased over 70% of its value. In the past 24 hours, 46% of tracked RWA tokens were in the green, with 54% in the red. Trading volumes for the whole sector also…
Solana co-founder Anatoly Yakovenko has stated that there is no reason to build layer-2 (L2) solutions. According to Yakovenko, layer-1 (L1) solutions can be faster, cheaper, and more secure. “They aren’t slowed down by a glacially moving L1 data availability stack, or have to compromise security with complex fraud proofs and upgrade multisigs,” Yakovenko said. Yakovenko has also added that Solana actually generated a “measly” amount of data (roughly 80 terabytes per year) in response to a question about the storage limitations of L1 blockchains. Solana is competing with every L2 Earlier this month, he argued that users “can skip…
Widely followed crypto analyst Rekt Capital says that Bitcoin (BTC) is likely undergoing one of its final consolidation phases before making a run to new all-time highs. The pseudonymous trader tells his 536,000 followers on the social media platform X that Bitcoin has already completed its first state of upward price discovery uptrend, and that another bullish phase is on its way once support is established. “BTC is trying to trend reverse out of its 1st Price Discovery Correction History suggests over the next few weeks… Bitcoin should be able to embark on its 2nd Price Discovery Uptrend to new…
Today, TenEX announced a strategic partnership with Sphere. This alliance aims to improve the trading experience on TenEX’s platform and initiate a seamless connection between CeFi and DeFi. The first step in this collaboration is the integration with Sphere’s DEX platform. TenEX is a crypto payment platform that focuses on bringing traditional finance and cryptocurrencies, providing global users with ways to spend and manage crypto assets through cards and wallets. On other hand, Sphere (Sphere Finance) is a DeFi platform specialised for providing liquidity within the DeFi landscape. It has a native token, Sphere (SPHR) that allows investors to hold…
U.S. exchange-traded funds tied to ether (ETH) have seen $401 million in net outflows so far in March, wiping out gains from the first two months of the year. The redemptions represent nearly 6% of the total $6.77 billion in assets held by spot ether ETFs, according to data from SoSoValue. Just one day this month—March 4—saw positive inflows, with $14.58 million added. In comparison, January and February saw inflows of $101 million and $60 million, respectively. Spot bitcoin ETFs also faced withdrawals, with $893 million in net outflows this month, but the scale relative to assets under management, roughly…