Author: NBTC

The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress in its Digital Dirham initiative, unveiling the official symbol for the nation’s digital currency. It also confirmed a planned retail launch in the final quarter of 2025. This development is a key component of the CBUAE’s Financial Infrastructure Transformation (FIT) Programme, designed to solidify the UAE’s position as a global leader in financial market infrastructure and digital financial innovation.…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Solana has seen frenzied trading activity over the past year, and arguably the biggest beneficiary has been the network’s validators. Since November, validator revenue consistently netted at least $40 million every roughly two days, according to data from 21 co. That’s up from roughly $4 million every two days this time last year. A number of new validators have been springing up to enter the fray. The small crypto research startup Kairos Research launched a Solana validator in partnership with node operator Firstset this week, which currently…

Ethereum (ETH), the second largest cryptocurrency by market capitalization, has plunged significantly against Bitcoin (BTC). According to Alex Thorn, Head of Research at Galaxy, Ethereum has reached fresh lows of 0.02210 BTC per ETH, marking a 74% decline since the blockchain’s transition from proof of work (PoW) to proof of stake (PoS). ETHBTC made fresh lows 0.02210ether is down 74% against bitcoin since switching from proof of work to proof of stake pic.twitter.com/QrrwzDasHI — Alex Thorn (@intangiblecoins) March 28, 2025 Ethereum powers some of the most commercially key decentralized finance solutions in the digital assets market. In September 2022, Ethereum…

Cryptocurrency exchange Binance has announced the GUNZ (GUN) token as its new Launchpool project. Looking at past Launchpool projects, we can estimate the new airdrop distribution by examining the average airdrop amount per staked BNB and FDUSD. In previous projects, users who staked BNB received an airdrop worth $0.89 per token on average, while FDUSD stakers received an airdrop worth $1.78 on average per $1,000 of stablecoin staking. Of course, this value may change if factors such as the number of participants in this project, the amount of tokens distributed, and the starting price of the token when listed are…

Bitcoin (BTC) has been consolidating for over two months, with technical indicators suggesting the cryptocurrency may soon test key resistance levels, potentially paving the way for a breakout. Notably, an analysis by TradingShot highlights that BTC has been consolidating within a ‘Rectangle’ pattern, displaying remarkable technical symmetry, which could help trace its next move. At press time, BTC is trading at $99,543, with a one-day gain of 1.13%. Despite its year-to-date gain of 3%, Bitcoin’s price has remained range-bound for over two months, between $91,500 and $106,500, signaling ongoing consolidation. While Bitcoin hit a year-to-date high of $109,000 on January…

The US spot Exchange-Traded Fund (ETF) market currently reveals a stark divergence between Bitcoin and Ethereum. Spot Bitcoin ETFs recorded another $89.06 million in net inflows on March 27, 2025, achieving their tenth consecutive day of positive flows. In sharp contrast, spot Ethereum ETFs experienced further net outflows totaling $4.22 million, extending their recent losing streak to 17 straight days. This clear difference in capital movement signals shifting investor preferences between the top two crypto assets, at least within the regulated ETF wrapper. Why Do Bitcoin ETFs Continue to Attract Capital? US spot Bitcoin ETFs have shown renewed strength following…

The price of Shiba Inu dropped 3.87% in 24 hours, while whales added 6.33 trillion tokens in 2024 as mid-tier holders reduced stakes. In recent weeks, Shiba Inu (SHIB) has witnessed significant fluctuations, with its price failing to gain momentum. As of today, SHIB is trading at $0.00001526, reflecting an 18.38% drop over the past week. Despite the downward trend, blockchain data shows that large SHIB holders, particularly whales with 10 trillion to 100 trillion tokens, have continued accumulating. Large Shiba Inu Holders Increase Holdings IntoTheBlock data reveals that large Shiba Inu whales added 6.33 trillion SHIB to their holdings…

The US Treasury, having just dropped sanctions against the crypto mixer Tornado Cash, filed a notice last Friday declaring a Texas district court case is now “moot” before a final judgment can be made. The “moot” notice implies the case is no longer practical due to the Treasury removing Tornado Cash sanctions. As such, the Texas District Court might refrain from issuing a final judgment and dismiss the case. The Rage reports that if this happens, there will be no binding court order to stop the Treasury from sanctioning Tornado Cash or similar software again. Read more: OFAC ‘overstepped’ on…

Ethereum (ETH) is facing downward pressure as the coin, within the last 24 hours, has lost 7% of its value despite a bullish ecosystem trend. It has continued to fall, unable to find support at the $1,900 level. This has sparked concerns among investors, who wonder whether ETH could reverse the trend. Ethereum’s sharp decline sparks market concerns Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence, has provided insights into Ethereum’s price trajectory. According to McGlone, the broader financial market must pay attention to Ethereum’s price trajectory. He believes a relationship exists between ETH’s current performance and other risk assets.…

South Korea’s largest cryptocurrency exchange Upbit has issued an investment warning regarding the HIFI token. Upbit Issues Investment Warning for HIFI Token, Suspends Deposits The token was placed on a transaction watchlist by the Digital Asset eXchange Association (DAXA), causing Upbit to suspend deposit services for HIFI. In a statement released by Upbit, the exchange advised investors to be cautious when considering HIFI as part of their portfolios, citing concerns over the token’s performance and potential risks. The suspension of deposits is intended to protect users while regulatory and market investigations continue. DAXA’s inclusion of HIFI on its watchlist further…