Author: NBTC
Ethereum leads the stablecoin transaction size list with a $68K average per transfer. Mantle and Sui surpass Ethereum L2 network, Arbitrum and Optimism, in average transfer volumes. Base hits an all time high with $3.81 trillion in stablecoin volume in Q1 2025, and over 915K active users. Ethereum (ETH) now tops all blockchains with an average stablecoin transaction size of $68,000, as reported by CryptoRank.io. This leading position in large-value stablecoin movements for Ethereum is notable as ETH itself has seen recent market strength, influenced by its Pectra upgrade and broader trends set by Bitcoin. As of press time, ETH…
Howard Lutnick has given up control of Cantor Fitzgerald, ending over 30 years of leadership at one of Wall Street’s most well-known firms. On Monday, Cantor confirmed that Howard transferred his entire stake in the company to his children and a group of outside investors. The decision comes after his February 24 swearing-in as Commerce Secretary under President Donald Trump, and it fulfills ethics rules requiring officials to cut financial ties that might create conflicts of interest. According to Reuters, the stake is going into trusts for Howard’s adult children, with control resting in the hands of his son Brandon…
Blum, a fast-growing cryptocurrency project, has shared an update regarding its highly anticipated Token Generation Event (TGE). The announcement comes as the project continues to engage with its community, addressing concerns about the timeline for its token launch. In a recent X post, the platform clarified its ongoing efforts to ensure a successful TGE, emphasizing its commitment to delivering user value. Blum’s Official Update on TGE Preparations The Blum community has been eagerly awaiting the TGE, which was initially projected to occur in spring 2025. In its latest statement, the company acknowledged the influx of questions from users, adding that…
Bitcoin’s powerful rally over the last few weeks has driven the price back near the $95,000 mark, but recent chart signals are pointing to possible turbulence ahead. The current structure, as seen on both the daily and hourly timeframes, reveals that BTC price might be preparing for a healthy pullback or even a sharper correction if critical support levels fail. Let’s dive deep into what the charts are actually saying. Bitcoin Price Prediction: Momentum Falters Near Multi-Month Resistance BTC/USD 1 Day Chart- TradingView On the daily Heikin Ashi chart, Bitcoin price has printed its first red candle after several consecutive…
Since the Pectra upgrade was activated on May 7, many users have scrambled to enable EIP-7702 smart accounts, unaware of the risks attached. The upgrade enables Externally Owned Accounts (EOAs) to briefly act as smart contract wallets by delegating control via a signed message. While the feature enhances user experience, the EIP-7702 has also exposed users to new security risks that require urgent attention. Top 7702 delegator is allegedly a phishing scam According to GoPlus Security, on-chain data from bundlebear.com has revealed over 10k addresses using smart accounts. GoPlus found that once users authorize the malicious delegator address, any ETH…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Assets whipsawed to start the week as investors weighed growing concerns over US debt, a new budget that looks poised to pass and, of course, ongoing trade war updates. US equities were on the recovery path after a rocky start Monday morning. The S&P 500 was trading virtually flat at 2 p.m. ET after opening almost 1% lower. The Nasdaq Composite similarly had rebounded to Friday’s closing level after starting off 1.3% in the red. Bitcoin dipped this morning, but it had recovered some losses by…
A recent piece has highlighted the incredible role the Shiba Inu team has played in sustaining the SHIB ecosystem and keeping Ryoshi’s legacy. Ryoshi created Shiba Inu in August 2020 as a decentralized ERC-20 token without presales, VC funding, or massive developer allocation. Five years later, the token has become central to a growing ecosystem despite a change at the helm. For perspective, the pseudonymous creator disappeared in May 2022, leaving the Shiba Inu ecosystem in the hands of the current leaders piloted by Shytoshi Kusama. Since then, the team has led the ShibaArmy to a greater cause than owning…
Kevin O’Leary responded Monday to U.S. Senator Elizabeth Warren’s (D-MA) latest attacks on the Senate’s stablecoin bill, rejecting her claims as “completely deranged” and warning that politicizing the legislation could undermine the U.S.’s position in global finance. “She’s confusing politics with progress, and this time, it could cost America dearly,” the Shark Tank investor and entrepreneur tweeted Monday. He added that, “This bill has nothing to do with Trump or meme coins.” Elizabeth Warren is at it again… She’s confusing politics with progress, and this time, it could cost America dearly. Her latest rant? She’s calling stablecoin legislation a “Trump…
Get ready for some eye-popping numbers! The crypto market in South Korea is experiencing significant growth, showcasing robust activity and increasing investor interest. Recent data reveals a substantial surge in crypto trading volume, painting a clear picture of the nation’s expanding digital asset landscape. What Does the Latest South Korea Crypto Data Show? According to a recent study by the Financial Services Commission (FSC), South Korea’s crypto market saw a remarkable increase in activity during the latter half of 2024. The study, covering the period from July to December, provides concrete figures on trading volume and market capitalization. Total Trading…
BlackRock revealed its Bitcoin-related holdings, primarily tied to its multi-billion-dollar investments in Strategy. Major financial institutions are steadily building their Bitcoin (BTC) positions. According to BlackRock’s form 13F filing, detailing its institutional holdings for the first quarter of 2025, the asset manager held $5.4 billion in Bitcoin-related equities in the United States. 🔥 BLACKROCK’S 13F FILING SHOWS $5.4B+ IN BITCOIN-RELATED HOLDINGS!!!GIGA BULLISH!!! pic.twitter.com/Qm9QXFVKZM — Kyle Chassé / DD🐸 (@kyle_chasse) May 5, 2025 The vast majority of these assets come from BlackRock’s exposure to Michael Saylor’s Strategy, which is currently the biggest Bitcoin holder. The company makes leveraged Bitcoin buying the…