Author: NBTC

After a ferocious breakout from the $2,000 range, the Ethereum price is currently trading at $2,585, pulling back modestly after facing resistance around $2,710. On the 4-hour chart, ETH is consolidating inside a downward-sloping channel as bulls protect the $2,560-$2,570 zone, which coincides with the 20-EMA and the Bollinger midline. This area acts as dynamic support for now. ETHUSD price dynamics ( Source: TradingView) On higher timeframes, the breakout above $2,400 triggered a vertical rally, pushing prices above the 0.5 Fibonacci retracement at $2,745 (from the $4,100–$1,385 range). While Ethereum price today has slightly cooled, the upside structure remains intact…

Cardano is once again in the spotlight as the Lace wallet has arrived on Mozilla Firefox — a major milestone that brings the Web3 wallet to the popular browser. This was made possible through the latest Lace 1.22.1 release, which brings the wallet to the Firefox browser for the very first time. In a tweet on Monday, the Lace team announced the Lace 1.22.1 release, which adds a host of features to the Web3 wallet. 🚨 Lace 1.22.1 is live — now on Firefox!We’ve officially landed on one of the world’s most popular browsers 🦊Whether you’re a crypto newbie or…

The cryptocurrency-friendly stablecoin law called “GENIUS Act”, which has been expected to be approved in the USA for a long time, was rejected by the US Senate in the first week of May. While the Senate’s decision to halt the advancement of the GENIUS Act has been heavily criticized by high-profile figures and the cryptocurrency industry, the US Senate may hold a new vote on the stablecoin bill in the near future. Democratic Senator Kirsten Gillibrand said the stablecoin bill would remove provisions targeting Trump’s family’s involvement in the cryptocurrency industry and that the Senate aims to pass the revised…

CoinPayments and Jetcraft have partnered to enable crypto payments for aircraft purchases and private aviation services. According to a press release shared with crypto.news, CoinPayments Inc., a leading crypto payment gateway, has announced a partnership with Jetcraft, the world’s largest buyer and seller of business aircrafts, to enable cryptocurrency payments for aircrafts and private aviation services. “Our partnership with Jetcraft represents a significant milestone in cryptocurrency adoption within HNW markets,” said Alex Alexandrov, Chairman of CoinPayments Inc. “By offering cryptocurrency payments for private aviation transactions, we’re expanding digital asset utility while providing Jetcraft’s clientele with the payment flexibility and efficiency…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum’s (ETH) dominance as the foundational layer faces a nuanced challenge. While it focuses on making its underlying tech better and faster, other networks, primarily Solana (SOL) in this case, have seen a huge growth in the number of apps people can use. This makes us wonder whether Ethereum’s current way of doing things is helping or hurting its ability to attract and keep the people who build these apps. You might also like: The Ethereum paradox:…

The real-world asset (RWA) tokenization space has recorded significant development, with Stellar (XLM) now in the spotlight. In a recent ranking spotted by U.Today, XLM made the top five blockchains with the greatest interest in RWA. Stellar secures third place in RWA blockchain rankings According to the value locked ranking on RWA.xyz, Stellar came third, only surpassed by the Ethereum and zkSync Era. Despite recording a 1.45% drop in the 30 days, Stellar secured the spot with a total value of $475.73 million. Ethereum and zkSync Era were valued at $6.55 billion and $2.23 billion, respectively. Algorand and Aptos completed…

Brad Garlinghouse, the CEO of Ripple, took a moment today to publicly recognize Stuart Alderoty, the company’s chief legal officer, for his role in providing the company with effective leadership and for his contributions to the crypto industry as a whole. Through a social media post, Garlinghouse spotlighted a recent National Law Review profile outlining Alderoty’s pivotal role in one of the most important court decisions in the crypto industry thus far – the so-called XRP case. The article details Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC), which began in late 2020. Central to the case…

Amid the continuous evolution in the Web3 sector across diverse promising frontiers, Open Loot has emerged as a notable platform in the Web3 gaming landscape. Open Loot, powered by Big Time Studios, is emerging as a key platform when it comes to advancing the infrastructure for seamless Web3 gaming, indicating a noteworthy paradigm shift. In this respect, Open Loot assists game developers in incorporating blockchain-based features. Open Loot Utilizes Developer-Friendly Tools to Reshape We3 Gaming On top, Open Loot addresses the key challenges that are currently faced in the Web3 gaming world. These challenges include onboarding complexity, skepticism expressed by…

CoinMarketCap has officially unveiled a new launchpad for pre-TGE crypto projects with a 50 million user reach. Its first featured project on the platform is YZi Labs-backed Aster DEX. According to a press release sent to crypto.news, CMC Launch is a launchpad found within the cryptocurrency data platform. The launchpad is designed to accommodate emerging projects in the crypto space that have yet to reach the Token Generation Event stage. It grants new projects exposure to an audience of more than 70 million monthly users, giving them an opportunity to grow their communities and gain substantial market traction. CMC Launch…

Bitcoin surges past $105K as MetaPlanet buys 1,241 BTC. The US-China trade deal and ETF inflows could push BTC to $112K soon. Bitcoin, at $105,623, surged nearly 1.5% today. The bullish trend marks a positive start to the week, as MetaPlanet added more Bitcoin, fueling the rally. The recent trade deal between the US and China in Geneva serves as a sentimental boost. Amid such conditions, will the Bitcoin price reach the $112K mark? Let’s find out. Bitcoin Price Analysis On the 4-hour price chart, Bitcoin’s uptrend signals a bullish breakout from an expanding wedge. The surge has created a…