Author: NBTC
David Marcus, former PayPal president and now CEO of Lightspark, says Bitcoin (BTC) is on track to become a major player in everyday transactions, and not just as a store of value. Speaking during a CNBC episode, Marcus revealed what he sees as the next phase of digital money – a future where BTC is not just held but actually used. Thus, the top executive predicts a transition toward hybrid systems where people use national currencies for daily spending, while also holding and spending Bitcoin, earned through things like rewards or microtransactions. For him, this is not speculation – it…
Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share. Battle for DeFi Dominance Heats up: Ethereum Slides, Solana and Bitcoin Advance Ethereum still leads in several categories, including total value locked in DeFi, non-fungible token (NFT) sales, and a large portion of the value of tokenized U.S. Treasuries and stablecoins built atop its smart contract infrastructure. Yet in recent years, that lead has narrowed, as rival…
Ethereum bulls are attempting to stretch their winning streak into May 24, with the Ethereum price pushing past short-term consolidation and nearing critical resistance. After consolidating for much of the past week, ETH has surged more than 7% over the last 48 hours and is now trading just below a key psychological level that may decide the next leg of its trend. Highlights: Ethereum price today is trading around $2,724 after testing intraday highs near $2,733 MACD crossover and Ichimoku breakout suggest bullish continuation, but RSI nears overbought zone Key support lies at $2,685; resistance overhead at $2,745 and $2,800…
The Pi Network core team has officially shut down its central node, marking a high-profile move toward decentralization. It comes after the network promised a major ecosystem announcement aligning with the Consensus 2025 event in Toronto, which starts today. Pi Network Closes Central Node Ahead of Source Code Reveal Pi Network’s core team has reportedly shut down its central node, effectively taking a significant step toward decentralization. The network also announced plans to release its source code. “The Pi core team has closed the central node, ready to release the source code. Pi Network will definitely shake up the Consensus…
Pat Toomey says a major crypto regulation bill focused on stablecoins is nearing Senate approval. The bill aims to boost U.S. crypto innovation while enforcing stronger consumer protections. Toomey warns against attaching the controversial Credit Card Competition Act to avoid derailing bipartisan support. Big changes might be coming to the U.S. crypto scene. In a recent interview on Bloomberg TV, former U.S. Senator Pat Toomey, now part of Coinbase’s Global Advisory Council, shared that a major crypto regulation bill is close to being passed in the Senate. If approved, it could reshape how digital assets are governed in the U.S.,…
The level of Bitcoin mining energy consumption is on par with that of some countries. This statement is often mentioned as one of Bitcoin’s main drawbacks, as consumption takes its toll on the environment. However, Bitcoin advocates argue that things are not that simple, and in some ways, Bitcoin is an eco-friendly technology. How come, and who’s right? Proof-of-work The Bitcoin network is protected from spam attacks with a mechanism known as “proof-of-work.” The earliest installment of this algorithm was created by Cynthia Dwork and Moni Naor in 1993, long before Bitcoin’s emergence. The essence of this mechanism is the…
Bitcoin, the first and largest cryptocurrency by market capitalization, kicked off May on a positive note, reaching its highest level since late February as investors’ appetite for risk was rekindled across financial markets. The leading cryptocurrency asset posted a strong surge on May 1, printing a significant green daily candlestick following two straight days of decline at the start of the week. Bitcoin increased from a low of $94,115 to $97,483, its highest since Feb. 21. Bitcoin has recovered almost 21% from its February low of $78,900 and roughly 28% from its early April low of $75,000. The rebound was…
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. With Bitcoin dominance climbing to a 4-year high of 63%, it is clear that the altcoin market is not doing so well. Many a memecoin has sullied the crypto experience, alongside constant generation of new tokens that dilute the market. Nonetheless, it remains the case that the underlying promise of blockchain technology is to remove the middlemen from financial transactions. More importantly, to innovate peer-to-peer finance in a way that leaves legacy banking behind. One such clear example of pushing financial innovation is LSDFi,…
Ethereum has captured the attention of the financial market with an incredible bull price increase of 65%, rising from $1,600 to a peak of $2,663.72. This increase is not a simple stroke of luck, but a movement supported by solid dynamics in the bull and bear markets and in the derivatives markets. Ethereum is now near a significant resistance level at $2,714, a crucial turning point that could determine its next moves and influence the entire altcoin sector. Ethereum in rally: what drives the price jump? Ethereum at a crossroads: the resistance at $2,714 Perspectives: Ethereum will lead the next…
Three participants of the IOTA Business Innovation Program (BIP) have been unveiled as they use the new infrastructure to provide lasting solutions in the areas of sustainability, education, food and pharma, etc. IOTA has disclosed that it would keep the BIP open until December 31, 2025, as it continues to welcome more builders. Earlier this year, IOTA announced the introduction of its Business Innovation Program (BIP) as part of the plans to support entities working on real-world solutions. According to that report, the newly upgraded mainnet was designed to play a crucial role in this as IOTA pledges hands-on support,…