Author: NBTC

Analytics data recently shared by multiple sources unveils that whales have begun hunting Ethereum down and withdrawing it from crypto exchanges into their cold storage vaults. Institutions go on buying spree as ETH rockets During the past 24 hours, the second-largest digital currency, Ethereum, has skyrocketed by approximately 33% – in just a single day, ETH went up from $1,810 to $$2,414 earlier today. Last time, ETH traded at this level in early March this year. After the surge, a rebound pushed ETH slightly down, giving it a decrease of 3.35%. At the time of writing this article, Ethereum is…

The UK’s Economic Secretary for the Treasury has poured cold water on the idea of the country launching a national crypto reserve. Speaking at the Financial Times Digital Asset Summit in London, Emma Reynolds MP said that following the U.S. government’s lead in stockpiling Bitcoin is “not the plan for us.” “We don’t think that’s appropriate for our market,” Reynolds said. “We understand that’s what the U.S. is going for, but that’s not the plan for us,” she added. In other areas, the UK is looking to align with the U.S., Reynolds said, noting that, “we think it’s really important…

Bitcoin has bounced back strongly, briefly crossing the $104,000 mark before pulling back slightly to just under $103,000. This marks a solid recovery from recent lows caused by market fears around tariffs. The bullish momentum extends to altcoins with Ethereum and XRP also climbing, and the majority of tokens showing strong green trends across the board. However, all eyes are now on a major event this week — a large-scale token unlock that could introduce new volatility. Historically, token unlocks have triggered price swings when previously restricted coins become available for trading. Market Braces for Over $200M in Token Unlocks…

Circle Paymaster now supports EOA wallets, allowing gas fees to be paid in USDC without native tokens. The feature expands to seven major blockchains, including Ethereum, Arbitrum, and Polygon. Who says crypto transactions have to be complicated? Circle has announced a major update to its Paymaster feature—and this time, it’s not just smart contract wallet users who can benefit. Starting now, traditional wallets aka EOA (Externally Owned Accounts) can also use USDC to pay gas fees, without the hassle of setting up native tokens like ETH or MATIC. Imagine if you’re new to the Web3 world, and the only token…

Bitcoin is coming to the drive-thru. American fast food chain Steak ‘n Shake said Thursday it will begin accepting the world’s largest crypto at all of its U.S. locations starting May 16, giving its more than 100 million customers the option to pay for milkshakes and burgers in BTC. “The movement is just beginning,” the company posted on X. Unlike high-margin retailers, fast food chains run on thin margins and high volume, making Steak ‘n Shake’s Bitcoin rollout a real-world stress test for the crypto’s speed, cost, and usability at scale. The integration was initially teased in March, when the…

Ethereum (ETH) has experienced its largest single-day rally since 2021, climbing 31% in just 24 hours. The surge follows the successful implementation of the Pectra upgrade, which has helped push ETH closer to a crucial resistance level of $2,500. However, despite the impressive gains, the challenge lies in whether Ethereum can breach this level sustainably, as investor behavior may hinder further price movement. Ethereum Pectra Upgrade Goes Live The Pectra upgrade has significantly impacted the market sentiment surrounding Ethereum, with exchanges recording net inflows of $15.6 billion since its launch. On May 8 alone, $12 billion worth of ETH was…

DogeOS, an application development layer for the Dogecoin ecosystem, announced the successful closing of a $6.9 million funding round led by Polychain Capital. This capital infusion will fuel the expansion of DogeOS to allow developers to build a wide range of consumer apps — from gaming to artificial intelligence —while strengthening the dogecoin (DOGE) ecosystem. In software terms, a layer is an operating system-like collection of software. DogeOS is specific to the Dogecoin blockchain. A bump in demand helps strengthen the fundamentals of memecoin DOGE, allowing the creation of applications and other decentralized finance (DeFi) services that bolster DOGE. “Dogecoin…

Frog-themed meme coin Pepe (PEPE) has seen a 42% price surge in the last 24 hours, capturing the market’s attention. According to blockchain data tracker Whale Alert, a massive 7.14 trillion PEPE, worth nearly $78.8 million, was transferred between unknown wallets within minutes. Whale Alert reported in recent hours that “7,143,024,728,061 PEPE (78,827,992 USD) transferred from unknown wallet to unknown wallet.” 🚨 🚨 🚨 🚨 7,143,024,728,061 #PEPE (78,827,992 USD) transferred from unknown wallet to unknown wallethttps://t.co/ae34lLguqM — Whale Alert (@whale_alert) May 9, 2025 While the origin and destination of the PEPE tokens remain unknown, the transaction’s size has fueled speculation.…

Bitcoin hits the $100K mark and keeps rising as more people join the network and trade. Over 800,000 wallets are still active daily, showing strong interest and regular use. The pioneer cryptocurrency has surpassed Amazon and emerged as the 5th-largest asset. Bitcoin has officially reclaimed the $100,000 spot, marking a powerful comeback after months of market turbulence. The digital asset, which initially crossed $100K in December 2024, surged as high as $109,000 in January 2025, shortly after Donald Trump resumed the U.S. presidency. His market-friendly rhetoric and early policy signals briefly fueled optimism across the crypto space. With the ascent…

Abraxas Capital moved $75M+ in ETH from Binance, Kraken, and DeFi to its wallets in 11 hours. The firm also withdrew and redeployed tens of millions in USDT, AETH, and WETH across protocols. Activity suggests strategic asset rebalancing across centralized and decentralized platforms. Abraxas Capital Management, operating under the Heka Fund label, executed a series of major Ethereum (ETH) transactions within 11 hours, moving more than $75 million in ETH from centralized exchanges and DeFi platforms to its wallets. Blockchain data reveals that the firm withdrew 41,269 ETH from Binance and Kraken, alongside additional transfers involving Aave and Compound. The…