Author: NBTC
Ethereum has surged past $2,700 with a 92% rally over the past 35 days. Will the rounding bottom pattern drive ETH to $4,000? Outperforming Bitcoin, Ethereum surpassed the $2,700 mark with a 7% surge on May 13. Currently, it is trading at $2,671, entering a breather phase with an intraday pullback of 0.33%. With the overnight recovery, Ethereum is inching closer to a potential rounding-bottom breakout rally. Could this breakout send the ETH price to the $4,000 mark? Ethereum Price Analysis Bouncing off the $1,383 low formed on April 9, Ethereum has risen by nearly 92% in just 35 days.…
Popular XRP community figure Eri claims that XRP’s use case has evolved beyond its niche role for cross-border settlement into a multi-dimensional asset. Yesterday, Eri took to X to assert that the number of top XRP influencers who only focus on Ripple initiatives without commenting on XRP finance is reducing drastically. According to her, most XRP holders now know that the token’s use case has changed due to new technologies, stablecoins, and the Ethereum Virtual Machine (EVM). As expected, Eri’s assertions elicited mixed reactions, with some community members suggesting that the claims were false. This is absolutely false… it’s a…
An AI expert at Amazon-backed firm Anthropic has been accused of citing a fabricated academic article in a court filing meant to defend the company against claims that it trained its AI model on copyrighted song lyrics without permission. The filing, submitted by Anthropic data scientist Olivia Chen, was part of the company’s legal response to a $75 million lawsuit filed by Universal Music Group, Concord, ABKCO, and other major publishers. The publishers alleged in the 2023 lawsuit that Anthropic unlawfully used lyrics from hundreds of songs, including those by Beyoncé, The Rolling Stones, and The Beach Boys, to train…
Meme coins launchpads on Solana are heating up again, with new contenders challenging the long-standing dominance of PumpFun. LetsBonk has surged in token deployments and nearly matched PumpFun in the number of tokens graduating in the last 24 hours. However, PumpFun still leads by a wide margin in daily active users, highlighting its deeper market grip. As past challengers like Moonshot have shown, short-term spikes aren’t enough—sustained growth across all metrics is what keeps PumpFun on top. PumpFun Maintains Lead as LetsBonk Surges Past LaunchLab PumpFun has maintained its position as the leading crypto launchpad for an extended period, generating…
The Alice Collective, an advanced step taken to expand the ecosystem of My Neighbor Alice, is excited to announce its strategic collaboration with Persona Journey. This partnership aims to bring Alice into a world where AI and Web3 infuse with vintage technology. This integration is nostalgic but modern, striving to expand the immersive landscape of Alice. My Neighbor Alice and Persona Journey to Infuse Retro Charm with Blockchain Power Persona Journey can be defined as the digital collection aiming to redefine retro tech into collective assets. These digital creations are designed through impressive and modern AI and Web3 design. These…
Macro investor and fund manager Dan Tapiero is identifying what could be the catalyst that could fuel a comeback for Bitcoin (BTC) and crypto. In a new interview on the Milk Road YouTube channel, Tapiero says that monetary policies need to align before digital assets can truly take off. Tapiero says Fed Chair Jerome Powell is currently “holding back” on policy shifts – but once he acts, the macro investor believes Bitcoin and the broader crypto market will soar. “[Fiscal tightening] needs to be offset by some sort of monetary offset to keep things in balance [so] the economy doesn’t…
Industry experts predict that the Strategic Ethereum Reserve (SER), which tracks entities holding Ethereum (ETH) in their treasuries, could surpass 10 million ETH by May 2026. This would represent an increase of approximately 1,166.3% from the current holdings, reflecting a continued accumulation trend and growing confidence in Ethereum as a store of value. Strategic Ethereum Reserve Poised to Hit 10 Million ETH According to the latest data from the SER website, the reserve currently holds 789,705 ETH, spread across 23 active participants, including major institutions and governments. It represents a collective effort by various entities to stockpile ETH over time.…
American investment manager VanEck has officially filed a registration statement with the US SEC to launch the VanEck BNB ETF, an exchange-traded product designed to directly track the price of BNB, the native asset of the BNB Chain. Filed on May 2 under Form S-1, the VanEck BNB ETF would be the first US-registered ETF to offer exposure to BNB via direct token holdings, should it receive regulatory approval. The fund’s ticker symbol hasn’t been disclosed. The preliminary prospectus also indicates that, pending regulatory approval from the listing exchange, the ETF may feature staking to allow investors to earn additional…
Summer Mersinger, one of the Republican commissioners at the Commodity Futures Trading Commission, will soon take over the Blockchain Association as its incoming chief executive, a top official at the association confirmed on Wednesday. The organization, one of the leading crypto lobbying voices in Washington, will be absent a leader when longtime CEO Kristin Smith steps down this week and officially becomes president at the Solana Research Policy Institute. That vacuum at one of the largest U.S. advocacy groups will be filled by Mersinger at the start of next month, according to Marta Belcher, the president and chair of the…
Coinbase, the largest cryptocurrency exchange in the United States, shared an interesting announcement about four major altcoins in its latest statement. The exchange announced the upcoming launch of cbADA, cbDOGE, cbLTC, and cbXRP, which are bridged versions of Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP) coins to the Base network. The Base network is known as an Ethereum Layer-2 network powered by Coinbase. A similar Bitcoin equivalent was recently launched by Coinbase in the form of cbBTC. This token worked on the logic that Bitcoins were locked with a smart contract and minted in equal amounts on the…