Author: NBTC

Ethereum ($ETH) is attempting to recover above the $2,300 level on Friday after a week of declining network activity. At press time, Ether is trading at $2,238, down by 1% in the last 24 hours. However, the coin could reverse the decline and surge amid improved network activity. Ethereum’s active addresses continue to rise Active addresses, which track the number of wallets sending and receiving tokens or interacting with smart contracts, have risen over the past week. This latest development comes after a steady decline the previous week. According to CryptoQuant, while the growth appears positive on the surface, it…

In brief A Federal Reserve study found US programming job growth dropped roughly 50% after ChatGPT launched in November 2022. Researchers estimate roughly 500,000 developer jobs that would have otherwise existed were never filled. The employment gap didn’t appear until mid-2024—about 18 months after ChatGPT’s launch. The Federal Reserve just put a number on something developers have been experiencing for two years. A new study by Fed economists Leland D. Crane and Paul E. Soto found that employment growth among U.S. programmers dropped roughly 50% after ChatGPT launched in November 2022. Before that, programming-intensive jobs were growing at around 5%…

Venom Foundation has announced a major protocol upgrade that introduces a fee-burning mechanism for the $VENOM token, a move designed to tie token supply more closely to actual network activity. Under the new system, 50 percent of qualifying network fees will be sent to an irreversible burn address and permanently removed from circulation. Unlike a buyback program, which depends on separate market activity and often sits outside the core protocol, Venom’s burn mechanism is built directly into the network itself. That means every eligible transaction will automatically trigger the rule, with no manual intervention and no discretionary decision-making involved. Once…

In brief Senators filed dozens of last-minute amendments to the Clarity Act ahead of Thursday’s key vote. Proposed changes target stablecoin rewards, Trump family crypto ventures, DeFi regulation, and anti-money laundering rules. Other amendments veer beyond crypto entirely, including proposals on housing policy, credit card fees, and releasing records tied to Jeffrey Epstein. With less than 24 hours to go until the Senate Banking Committee’s landmark vote on the Clarity Act, participating senators have introduced dozens of amendments to the major crypto bill. At tomorrow’s hearing, lawmakers will vote on adding each amendment to the sprawling legislation—which would formally legalize…

Coinbase announced plans to list perpetual futures contracts for four stocks tied to artificial intelligence infrastructure, with trading expected to begin on May 18 pending sufficient liquidity. The exchange identified Cerebras Systems (CBRS), Taiwan Semiconductor Manufacturing Company (TSM), Nebius Group (NBIS), and Bloom Energy (BE) as the underlying assets for the new derivative products. What Are Perpetual Futures and Why They Matter Perpetual futures are derivative contracts that allow traders to speculate on the price of an asset without an expiration date. Unlike traditional futures, they use a funding rate mechanism to keep the contract price aligned with the spot…

Bitcoin Price Rises as Iran Signals Push for Full End to Conflict Bitcoin price moved higher on Wednesday as markets reacted to signs that Iran may seek a full end to its conflict with Israel, not only a temporary ceasefire. The shift in tone, reported by regional media and echoed in diplomatic signals from Washington, helped lift risk assets and pushed oil prices lower. The Bitcoin price rose back above $72,000 after trading near $69,000 earlier in the session. The move followed reports that a one-month ceasefire could form part of a broader agreement that includes limits on Iran’s nuclear…

Yesterday a new bearish signal emerged regarding the price of Ethereum. This is the TD Sequential indicator, which in the past seems to have been accurate in predicting $ETH trends. However, a single signal might not be enough to actually trigger a bearish phase. The TD Sequential The TD Sequential indicator (Tom DeMark Sequential) is a technical analysis tool developed by Tom DeMark in the 1990s and used for decades in short-term trading. It is used mainly to identify trend exhaustion points and potential trend reversals. It consists of two successive phases. The first is the so-called setup, which analyzes…

A second corporate accumulator of cryptocurrency is starting to look a lot like the first. Bitmine Immersion Technologies (BMNR), the treasury firm chaired by Fundstrat’s Tom Lee, bought 101,901 ether ($ETH) worth roughly $234 million last week. That’s close to the regular weekly purchases from Strategy (MSTR), the Michael Saylor-led bitcoin digital treasury company, as well-followed crypto trader Luke Martin flagged on X. Strategy’s normal weekly buys are around $200 million to $300 million, once large purchases fueled by at-the-market sales of its perpetual preferred stock STRC are stripped out. The STRC spikes — the massive bursts that show up…

PEPTAI an decentralized science token exploded to nearly $2.50 on Dexscreener before crashing back toward $0.9033, all while AI-driven drug discovery narratives keep heating up across the market. And honestly, it’s not hard to see why attention suddenly flooded in. Autonomous Drug Discovery Narrative Gains Momentum The project centers around autonomous AI agents built for peptide drug discovery. Instead of relying on the painfully slow traditional pharmaceutical pipeline, PEPTAI claims its system can design novel peptide molecules within 24 hours while handling validation through a multi-stage computational pipeline. Well, the platform also uses blockchain infrastructure to secure intellectual property rights…

The crypto industry faces one of its biggest political moments this year. The Clarity Act now heads toward a major Senate Banking Committee markup. Lawmakers, crypto firms, and investors now watch closely as negotiations become increasingly tense. The debate already exposed deep divisions inside Washington over the future of digital assets in America. Many industry leaders believe this vote could shape the next decade of crypto regulation. Bipartisan negotiations collapsed late last night after lawmakers failed to resolve two major disputes. Senators argued heavily over ethics standards tied to the First Family. Another disagreement focused on protections for non-custodial crypto…