Author: NBTC

Bitcoin investors hoping for a quick recovery may need to be patient. That is the message from Katie Stockton, founder and managing partner of Fairlead Strategies, who appeared on CNBC’s Squawk Box this week. Bitcoin Is Boring Right Now and That Is the Point Stockton’s Bitcoin read was measured but clear. She sees the current price action as a prolonged basing phase with support sitting in the $58,000 to $59,000 range, and she expects multiple retests of that level before any sustained move higher becomes possible. “It’s a cyclical downtrend and that’s the dominant feature on the chart right now,”…

Lending platform Aave has raised about $160 million it needs to cover the $200 million in bad debt left behind by the year’s largest decentralized finance (DeFi) exploit, Arkham posted on X on Saturday. “$AAVE have so far raised $160M to cover the bad debt from the Kelp DAO Exploit, at defiunited.eth,” the blockchain analytics platform wrote. “The largest contributors are Mantle and $AAVE DAO, who together raised 55,000 $ETH or $127M.” Last week, Aave and several major crypto firms announced a coordinated recovery effort to stabilize DeFi markets after a $292 million security breach left the crypto borrowing sector’s…

Shiba Inu lead ambassador Shytoshi Kusama broke several weeks of silence on social media platform X. Kusama broke a five-week long silence on X with a post on April 2 that hinted at an update coming soon. The Shiba Inu lead ambassador’s post mentioned an appointed time that had arrived and added, “Let’s talk soon.” An X user had engaged with Kusama’s tweet with respect to the Shiba Inu price. “$SHIB 0.00055 the appointed time price. Higher,” the X user wrote. this has nothing to do with the price of Shib. I speak of a global appointed time, and if…

South Korea-based cryptocurrency exchanges Upbit and Bithumb have announced they will add the Perle ($PRL) token to their trading platforms. According to the announcements, $PRL will be traded against the Korean won (KRW), BTC, and USDT. While trading is planned to begin today, some platforms have updated their opening times, postponing them to the evening. Deposit and withdrawal options for $PRL will be activated shortly after the announcement. However, only the Solana network will be supported, and transfers from other networks will not be accepted. Exchanges have warned users to carefully check network compatibility before making transactions. Temporary trading restrictions…

The Tempo blockchain that Stripe built to outperform Bitcoin’s capacity of five transactions per second (TPS) is publishing less than three. Seven months ago, Stripe pitched its new blockchain on the premise that existing blockchains had insufficient capacity for its institutional payment flows. Bitcoin (BTC) miners have added about 160 million transactions over the past 12 months, averaging 5.1 TPS, a number that Tempo’s capacity would dwarf, CEO Patrick Collison claimed in September. Collison also bragged that Tempo would have capacity for 10,000 TPS, levitating Tempo’s theoretical future high above Bitcoin. Unfortunately, there are now real-world numbers to settle theoretical…

Amidst commitments to make its DeFi financial solutions accessible to digital asset investors worldwide, XPower Finance, a decentralized mutual financial protocol, today entered into strategic integration with Blazpay, an AI-powered DeFi platform. This partnership enabled XPower Finance to tap into Blazpay’s AI-driven DeFi network to bring advanced intelligence and multi-chain capabilities to enhance user participation on its decentralized mutual finance platform, aiming to make user interactions more rewarding and engaging. XPower Finance is a mutual yield DeFi protocol built in the OKB (formerly OKX) ecosystem and deployed within the XLayer’s L2 network built by OKX. This DeFi yield aggregator enables…

Non-fungible tokens (NFTs) are rallying, and to those fixated on rising prices, the market may seem to be booming. Overall activity, however, tells a different story. Leading the rally are Bored Ape Yacht Club and Pudgy Penguins. Their floor prices, the lowest possible acquisition cost, have climbed double digits in recent weeks, and their tokens have posted double-digit gains. Still, the comeback is unfolding with far fewer buyers. Pudgy Penguins’ floor has climbed above 5 $ETH, up more than 20% on the week, with 201 sales and nearly 1,000 $ETH in volume over the past seven days supporting the move.…

An ongoing bear market combined with wider global economic struggles has hit crypto firms hard, causing delays, staff layoffs, and AI pivots. This week, crypto protocol Algorand announced it was reluctantly reducing its workforce by 25%. Algorand claimed the “tough” layoff was in response to “the uncertain global macro environment as well as the broader downturn in crypto markets.” Indeed, as the year continues, bitcoin’s price is struggling to gain upward momentum after dropping to $63,000 in late February. The escalating war between the US, Irael and Iran is also causing the price of oil to rocket, and threatens deeper…

$XRP has recently seen a sharp surge in its network activity, recording significant increases in its daily burn rate in the past week. While its price has remained weak, showing little-to-no major increases recently, $XRP’s network usage remains strong, as it has recorded a sharp spike in its burn rate over the past day. The surge in the $XRP network usage is most evident in its burn metric, which has spiked rapidly regardless of weak price movement. $XRP burn rate explodes As of Friday, April 3, data from crypto analytics platform Cryptoquant shows that the amount of $XRP burned as…

The rapid rise of AI agents is beginning to reshape how payments happen online, and crypto infrastructure is emerging as a natural fit, according to Coinbase’s Jesse Pollak. “What was almost impossible nine months ago is now totally possible,” Pollak said in an interview with CoinDesk, pointing to the accelerating capabilities of autonomous AI systems. As these agents evolve, one need is becoming clear: they require native ways to transact. “Agents are defined in software and operating software, they want money as software,” said Pollak, who will be speaking at Consensus Miami 2026 next month. That shift is fueling interest…