Author: NBTC

WebKey, a Web3 smart terminal and DePIN infrastructure, today announced a strategic collaboration with Salvo Games, a GameFi platform. By using this partnership, Salvo Games leverages WebKey infrastructure to ensure that its Web3 gaming operations are scalable, secure, and broadly accessible at reduced costs compared to depending on centralized infrastructure. WebKey is not only a DePIN network that supports multiple blockchain ecosystems but also a Web3 launcher that aggregates multi-chain ecosystem applications, enabling Web3 customers to seamlessly move across different blockchain platforms. This significantly improves people’s flexibility and practicality in Web3 while using their mobile devices. On the other hand,…

Ethereum (ETH) has climbed by nearly 10% over the past week, driven by improving market sentiment and renewed investor demand. The price surge comes as broader risk appetite returns to the crypto market, raising hopes that ETH could be gearing up for a breakout toward the $5,000 mark. Ethereum Supply Tightens, ETF Inflows Surge — Is $5,000 Next? Ethereum’s Exchange Supply Ratio (ESR) has plunged to its lowest level this year, indicating that fewer coins are being held on centralized exchanges. As of this writing, the metric is at 0.14, falling steadily since July 20, per CryptoQuant. For token TA…

The U.S. central bank, as widely expected, cut the federal funds rate by 0.25% Wednesday, amid recent signs that the economy was faltering and needed a boost—and under relentless pressure from President Donald Trump. Bitcoin and other major digital assets traded largely flat  in the immediate aftermath. The largest cryptocurrency by market capitalization was recently changing hands just above $116,000, up 0.2% over the past hour hours, according to crypto markets data provider CoinGecko. BTC rallied in recent days with investors possibly pricing in the anticipated decision. Ethereum, the second-largest cryptocurrency by market value, was trading at $4,501, flat over…

A new standard transforms Ethereum into a platform for tokenized asset settlement, eliminating the need to wrap assets or use bridges. The new Ethereum standard, ERC-7943, comes at a timely moment. Nasdaq just filed with the U.S. Securities and Exchange Commission to start trading tokenized securities earlier this week, and the Kraken exchange outlined its plans to offer EU users trading tokenized stocks, among other assets. Are real-world assets (RWAs) tokenization destined to bring changes to the financial world soon? Summary ERC-7943 aims to eliminate bridges, wrapping, and other methods of interconnecting different token types. It’s currently at the review…

The strong demand for crypto-based ETFs brought new products, including a recently filed basis trade ETF for BTC and ETH. Defiance, one of the current ETF issuers, has filed with the US SEC for two additional ETFs tapping the basis trade. The ETF market will offer more complex products, as the carry trade strategy is packaged for crypto investors. Defiance Investments, an issuer of diverse ETFs, has filed for two new products built around the basis trade, tied to BTC and ETH. The two new ETFs aim to automate the strategy of profiting from the price gap between crypto spot…

A mountain of ethereum is lining up to bail from validating, with 2.64 million ETH filing voluntary exit requests to stop staking. Ethereum Stakers Confront Record Queue As of this weekend, 2,642,006 ETH—worth about $12.34 billion—are lined up in the validator queue, ready to bow out of the staking process. Bitcoin.com News highlighted the queue 25 days ago when it hovered between 898,000 and 916,000 ETH, marking a 188% climb since mid-August. If you’re new to ethereum’s staking game, here’s a quick rundown on how the exit queue operates. When a validator decides to stop staking, it files a voluntary…

The Fed has resumed interest rate cuts after a nine-month hiatus, lowering the federal funds rate by 25 basis points to a range of 4% to 4.25%. According to the “dot plot” projection reflected in the decision text, two additional interest rate cuts are envisaged in 2025. While 9 out of 19 officials expected two more interest rate cuts this year, 2 predicted a single cut, and 6 predicted no additional cuts. Newly appointed Fed Board member Stephen I. Miran dissented from the decision, voting for a stronger 50 basis point cut. The decision noted that economic growth slowed in…

Ethereum’s rally toward the $5,000 mark is reframing its role in global markets. The asset is transitioning from a speculative token into a reserve choice for institutions and large-scale investors. A CryptoQuant report revealed that surging ETF inflows, aggressive whale accumulation, and record staking levels are driving this change. Ethereum ETFs Anchor Institutional Demand According to the report, Ethereum ETFs have emerged as a defining catalyst in this rally. The nine US-listed funds now hold roughly 6.7 million ETH—almost double the level seen when the market rally began in April. This expansion followed record inflows of nearly $10 billion between…

The Ether-Bitcoin (ETH/BTC) ratio, which measures the price of Ether (ETH) against the price of Bitcoin (BTC), has failed to reclaim 0.05, despite adoption of ETH by institutions and the historic price rally in July and August that took ETH to new all-time highs. ETH/BTC has remained below the 0.05 level since July 2024, and the ratio peaked in June 2017 when it hit the all-time high of 0.14, according to CoinGecko. The ratio current sits at 0.039, down from the 0.04 reached in August. The ratio fell to a 5-year low in March, collapsing to 0.02, amid macroeconomic uncertainty…

The Russian government has paid a monthly salary in digital rubles for the first time, indicating it’s ready to continue to do that upon request. The news comes almost a full year in advance of the planned launch of Russia’s coin for public use, which will be carried out in stages, beginning next fall. Russia starts paying digital ruble salaries on request Russia has for the first time employed its central bank digital currency (CBDC) to pay a salary, the Ministry of Finance (Minfin) announced. “The first budget payment in digital rubles has been successfully completed,” the department stated in…