Author: NBTC
Vitalik Buterin, a co-founder of Ethereum, has laid out a long-term plan for the decentralization and scalability of Ethereum. Buterin put forth a solution based on Ethereum Improvement Proposal (EIP) 3668 in response to worries regarding the growing complexity of operating light clients in an ecosystem that is rollup-centric. The efficiency and decentralization of Layer-2 (L2) networks’ state proof verification could be revolutionized by this method. As Ethereum scales horizontally through rollups, the Ethereum community raised the question of how wallets and apps will manage numerous light clients. Without depending on centralized third parties, developers are struggling with how to…
Pump.fun has launched its mobile applications for iOS and Android devices. Pump.fun is one of the leading platforms for creating and trading memecoins on the Solana (SOL) blockchain. Its apps enable users to create tokens for free, buy and sell tokens rapidly, create watchlists, manage portfolios, and more. The mobile applications aim to provide a seamless and user-friendly experience for both novice and experienced traders. By leveraging Solana’s speed and low transaction costs, Pump.fun ensures that all created tokens are safe to trade through a secure and battle-tested token-launching system. introducing the PUMP FUN MOBILE APPthe BEST way to trade…
Cardano (ADA) is back in the Grayscale Digital Large Cap Fund (GDLC). Over the past few months, Cardano (ADA) has experienced a renaissance thanks to technical developments, key partnerships, and a significant price surge. This renaissance may have now translated to increased institutional adoption per a quiet change in the composition of Grayscale‘s largest multi-asset fund. Cardano Returns to Grayscale Digital Large Cap Fund In April 2024, leading crypto asset manager Grayscale had the Cardano (ADA) community up in arms over its decision to drop the asset from the Grayscale Digital Large Cap Fund (GDLC), its largest multi-asset fund. At…
Bahrain’s central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer Bahrain’s central bank is drafting regulations on stablecoin issuance, the Middle Eastern country’s Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa recently disclosed. Once enacted, the stablecoins are expected to reduce transaction costs and expand financial access. According to an Akhbar-Alkhaleej report, Al Khalifa made the disclosure while responding to a question from legislator Hisham Al-Asheeri regarding digital asset regulation. Al Khalifa explained that the Central Bank of Bahrain has always been eager to make…
Ethereum (ETH) price has remained in a consolidation phase, trading below $3,000 since February 2. Over the past weeks, indicators like RSI, DMI, and EMA suggest that ETH lacks strong momentum, with neither buyers nor sellers taking full control. The narrowing gap between its EMA lines hints at a potential shift, but ETH must overcome key resistance levels to regain bullish momentum. Meanwhile, if support levels fail to hold, a deeper correction toward $2,160 could be on the table. Ethereum RSI Has Been Neutral For Two Weeks Ethereum Relative Strength Index (RSI) is currently at 54.2, staying neutral since February…
Hyve, a high-throughput middleware data availability protocol secured by Symbiotic, raised $50 million in pre-deposits from restakers in as little as two weeks between January 28 and February 14 for HyveDA, a novel data availability solution, as per the latest information shared with Finbold. The drive started at exceptional speed as it clocked $25 million in total value locked (TVL) within the initial hours before slowing down due to the shockwave emerging from President Donald Trump’s tariff announcements. As HyveDA explained, the decentralized funding drive, had to be capped at $50 million despite exceptionally high demand to ensure a controlled…
The real-world asset (RWA) tokenization market is experiencing explosive growth, with a total market cap of over $70 billion. Leading the pack are Hedera (HBAR), Chainlink (LINK), Avalanche (AVAX), VeChain (VET) and Ondo (ONDO) in the top mix. These tokens have seen significant price increases, indicating strong investor interest in the RWA space. CoinMarketCap data shows the top RWA tokens by market cap are HBAR, LINK, and AVAX. All these tokens have seen impressive gains over the past week, with AVAX up 25%, LINK up 15.95%, HBAR up 19.95%, and others following suit. Based on their current performance, the RWA…
Topping the priorities of the Cyprus Securities and Exchange Commission (SEC) in 2025 is the impact of artificial intelligence (AI) and the Market in Crypto-Assets Regulation (MiCA). With artificial intelligence (AI) reshaping financial markets and the growing influence of online financial promoters (fin-fluencers), CySEC is now setting stricter compliance expectations. The regulator is also focusing on implementing the Digital Operational Resilience Act (DORA) and the Markets in Crypto-Assets Regulation (MiCA), boosting its commitment to investor protection and market stability. “Supervisory Priorities for 2025 provide guidance for Regulated Entities as to the increasing measures they are expected to take in order…
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is at a crucial level, indicating a make-or-break situation for the altcoin. This prediction is based on ETH’s current price action in the four-hour time frame. Ethereum (ETH) Technical Analysis and Upcoming Level According to expert technical analysis, ETH appears to be forming an ascending triangle pattern on the four-hour time frame but is currently facing resistance from the descending trendline and seems to be falling toward the pattern’s support level. Based on the recent price action, if ETH fails to hold the $2,680 level and closes a four-hour candle below…
Citigroup is exploring the addition of crypto custody services to its offerings, according to people familiar with the matter cited by The Information. The bank’s interest in crypto custody follows its February 14, 2024 announcement of a successful proof of concept project that demonstrated the ability to issue and custody tokenized versions of private equity funds on a blockchain network. “Coinbase is in talks with banks to offer custody and trading services as a partner. But many banks will still need further regulatory approval, such as from the Fed and NY DFS,” said The Information reporter Yueqi Yang. Citigroup, which…