Cryptocurrency
eTukTuk: How the Tesla of Developing Nations Revolutionizes the EV Sector Using AI & Blockchain

Investing in the EV sector can be regarded as investing in the future of Earth. But eco-conscious initiatives can be incredibly lucrative in terms of financial returns, too.
If they have the potential for mainstream adoption, sustainability projects can bring attractive profits to early investors. A good example is eTukTuk – an electric vehicle ecosystem crafted to transform the TukTuk public transportation sector in developing economies.
Tesla of Developing Economies
eTukTuk puts forward an innovative cryptocurrency initiative with the goal of dismantling the obstacles hindering the widespread adoption of electric vehicles (EVs). Although there are numerous EV projects that operate with a broad scope, eTukTuk strategically narrows down its focus on emerging economies.
Its approach proves highly effective, given the prevalence of EV platforms catering to developed economies. Due to their substantial investment costs, these platforms are inaccessible to individuals from poor and middle-class backgrounds.
The financial barrier stands in the way of the mass adoption of EV technologies, posing challenges to fighting global issues such as climate change and air pollution. To implement meaningful solutions, we need initiatives that transcend geographical and financial borders.
eTukTuk As a Catalyst for Change
eTukTuk empowers the electric vehicle (EV) sector to permeate developing economies. It assists the transition of public transportation in these nations toward green technologies powered by electricity.
This is achieved by strategically focusing on optimization by targeting TukTuks, a widely used mode of public transportation. Beyond their accessibility, TukTuks are also notorious as significant contributors to air pollution in developing nations. The focused approach enables eTukTuk to make a substantial and positive impact in the EV sector.
eTukTuks are electric adaptations of traditional TukTuks that feature green technology alongside integrated AI and blockchain functionalities. On the financial front, eTukTuk drivers stand to significantly increase their income, up to 400% more, compared to driving an ICE TukTuk.
Beyond environmental focus, these vehicles provide drivers with compelling incentives and advantages.
- Reduced operational and maintenance costs compared to their Internal Combustion Engine (ICE) counterparts. Thanks to the project’s meticulous 5-year research and development process, the efficient design requires only 200 components.
- Local manufacturing slashes acquisition costs for drivers.
- eTukTuks grant access to AI features that optimize routes, alleviate traffic congestion, and minimize fuel consumption.
- Predictive maintenance enhances the lifespan of eTukTuks. The AI system can anticipate potential issues ahead of time, allowing timely interventions.
eTukTuk’s self-sufficient ecosystem takes advantage of a blockchain-based peer-to-peer payment network and an extensive network of electric vehicle (EV) charging stations. They are powered by the native $TUK tokens.
Community and Incentivization
$TUK tokens form the backbone of the incentivization scheme, serving as a means to democratize investment opportunities within the EV sector. It departs from the traditional limitations that typically favor large-scale investors and opens up investment avenues for global participants.
The native token creates a seamless ecosystem for drivers, including those not operating the eTukTuk fleet. EV drivers can use $TUK for charging payments, with a portion directed to a reward pool. The rewards are distributed among Territory Partners and Power Stakers.
When it comes to tackling the infrastructure challenges in developing economies, eTukTuk has strategically positioned and managed a network of charging stations. They are overseen by Territory Partners. The security of the payment network falls under the responsibility of Power Stakers. They also give access to a lucrative source of digital income.
Another dimension to the ecosystem is added by the upcoming play-to-earn game, which is styled on the popular Crazy Taxi. It caters to gamers, offering an additional source of income and contributing to the platform’s inclusivity and societal impact.
Together, all ecosystem participants foster a collaborative and automated network.
A Financial and Social Investment
eTukTuk is designed to broaden the impact of the electric vehicle (EV) industry across the world, beyond developed economies.
eTukTuk embraces the innovations of cryptocurrencies and blockchain to position itself as a radical force in the EV sector. Alongside, it enriches the lives and livelihoods of online and offline ecosystem participants.
Leading up to the official exchange launch of $TUK tokens, investors have the opportunity to grab discounted prices during the limited presale period. It offers attractive staking benefits in three-digit APYs. Staking, in addition, dampens the risk of early sell-offs that plague new crypto projects. It encourages investors to hold on to their tokens for higher long-term returns, which, in turn, strengthens the price action.
With sustainability and climate action growing more popular than ever, eTukTuk has high market relevance. The project has the potential to attract the attention of traditional investors to the crypto sector.
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Cryptocurrency
Something Funky Has Been Happening to the Bitcoin Markets Since 2021: Details

The number of Bitcoin (BTC) deposit addresses on exchanges has dropped sharply. Such a pattern points to a deepening long-term conviction among investors.
Data reveals a dramatic reversal in behavior that began after the 2021 cycle peak. Between 2015 and 2021, the number of unique addresses depositing BTC to exchanges steadily increased, averaging 180,000 annually. However, since 2022, that trend has not only stalled, but it has declined consistently.
BTC Exchange Deposit Trend Reverses
According to CryptoQuant’s latest analysis, the 10-year average now stands at approximately 90,000, while the current 30-day moving average is just 48,000. On a daily basis, the number of depositing addresses has dropped to around 37,000, recording a multi-year low. Analysts say that this indicates a growing preference for holding Bitcoin rather than trading it.
The launch of spot Bitcoin ETFs has played a key role, which gave institutional and retail investors access to BTC’s price performance without needing to move or manage the asset directly. Additionally, lower retail trading activity in the current cycle has reduced active deposit behavior.
At the same time, an increasing number of investors, and even corporations, are adopting a savings-oriented approach, treating Bitcoin as a long-term reserve rather than a speculative instrument.
The report said,
“These shifts, which have emerged gradually over time, are precisely what drive Bitcoin’s evolving identity in financial markets. It may well be this transformation that ultimately solidifies BTC’s role as a store of value.”
This sentiment in investor behavior is echoed on a macro scale.
Bitcoin As Modern Reserve Asset
Bitcoin is increasingly seen as a strategic asset for nations seeking to strengthen economic resilience in the current global landscape, according to a recent report by CoinShares. The cryptocurrency’s potential to hedge inflation, diversify sovereign portfolios, and offer protection against geopolitical instability positions it as a modern complement to gold and foreign exchange reserves.
While the US decision in 2025 to add Bitcoin to its reserves is a crucial moment, CoinShares noted that the ongoing skepticism among economists who highlight its volatility and speculative nature.
Despite this, with rising global debt, inflation, and mounting geopolitical tensions, more governments are exploring alternatives. Brazil’s RESBit proposal and Russia’s reported interest in Bitcoin reserves suggest a competitive push to secure a share of the asset’s fixed supply. With a $2 trillion market cap and growing institutional presence, Bitcoin is increasingly viewed as a credible reserve option alongside traditional holdings.
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Cryptocurrency
Shocking Amount of BTC Absorbed by Buyers During Recent Market Turmoil

Bitcoin (BTC) has once again surged past $105,000, propelled by the easing of geopolitical tensions in the Middle East; however, an even more noteworthy story lies beneath the surface: the market has absorbed a colossal wave of profit taking without collapsing.
About 720,000 BTC, sold mainly by recent buyers since mid-April, has been met with an equally strong demand, preventing a more resounding crash despite a $66 billion surge in the Realized Cap of coins held for less than one month.
Profit-Taking Meets Fresh Demand
According to on-chain analyst Axel Adler Jr., the $66 billion increase in Realized Cap for the 0-1 month cohort since April 13 is definitive proof of large-scale profit realization by short-term holders.
While such aggressive selling pressure would typically trigger significant downside, Adler highlighted a critical counterforce: new buyers entering the market have been steadily absorbing this massive supply.
In his opinion, this offsetting has kept Bitcoin trading within a relatively narrow range in the last few weeks.
However, his UTXO Block Profit/Loss Count Ratio Model indicates the profit-taking frenzy may have subsided, dropping from an extreme 34,000 points near BTC’s all-time high in May to just 216 points today.
“Profitable sales have almost disappeared,” noted Adler, while the proportion of loss-realizing transactions has increased. The likeliest explanation is that the wave of eager sellers has largely passed, replaced by buyers accumulating at lower levels, reducing the immediate risk of a sharp crash.
Meanwhile, the global markets are experiencing a sense of relief thanks to an unexpected ceasefire between Israel and Iran. U.S. President Donald Trump confirmed a “Complete and Total” cessation of hostilities, quelling fears of a deeper conflict.
Following that, investors like Daan Crypto Trades and Michaël van de Poppe echoed cautious optimism on X, pointing out that reduced geopolitical risk could ease headline-driven volatility and help Bitcoin regain upward momentum.
What’s Next for Bitcoin?
Indeed, BTC has staged a noticeable recovery since dipping below the symbolic $100,000 mark after the U.S. unleashed airstrikes against several Iranian nuclear installations last week. As of this writing, the king cryptocurrency had climbed 3.8% in the last 24 hours to hover around $105,400 after going as high as $105,927 during the Asian trading session.
On a weekly scale, it remains slightly underwater, down about 1.1%, which is a modest underperformance compared to the broader crypto market’s 0.4% gain over the same period.
The asset also experienced a slight 1.7% dip over the last 30 days, reflecting recent liquidation cascades and historical Q3 headwinds. As analyst Benjamin Cowen previously highlighted, Bitcoin often struggles through the summer months. Past bull cycles saw steep drops of 25–35% between June and July before roaring back in late Q4.
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Cryptocurrency
Nano Labs Bets $500M on Binance Coin (BNB) as Treasury

Nano Labs, a Nasdaq-listed crypto infrastructure company, has announced a $500 million convertible note deal that it will use to acquire BNB as a strategic treasury reserve.
The Hong Kong-based firm, known for designing crypto mining chips, is targeting up to $1 billion worth of BNB, which will eventually put its holding at between 5% and 10% of the token’s entire circulating supply.
BNB Ecosystem Integration
The company’s aggressive move represents a major strategic pivot. It previously focused on Bitcoin (BTC), adopting it as a reserve asset and buying $5.5 million worth of the cryptocurrency late last year.
According to a press release, funding for the BNB accumulation will be provided through convertible notes that mature in 360 days. After that, they’ll be converted into Nano Labs shares at $20 each.
Applauding the initiative, Binance founder Changpeng Zhao clarified that none of his “affiliated entities” participated in the fundraiser, though he remains “extremely supportive.”
Nano Labs is also planning to apply for Hong Kong stablecoin licenses and has specifically mentioned building frameworks for Bitcoin and BNB.
The two developments suggest a cohesive strategy by the firm to position itself at the heart of Hong Kong’s burgeoning regulated crypto market, leveraging the recently passed Stablecoins Bill, which is set to become effective at the beginning of August.
Market Reaction
Since the announcement, Nano Labs’ stock has skyrocketed 163% in pre-market trading according to Google Finance, signaling intense investor interest.
However, the immediate impact on the price of BNB has been more measured. As of this writing, the token had seen a 3.3% increase in the 24 hours following the disclosure, to trade around $638. Nonetheless, this uptick occurred against a backdrop of recent weakness. BNB has been down 2.5% over the past seven days and 3.5% in the last month, underperforming the global crypto market, which is up a slight 0.10% weekly.
Furthermore, technical analysis prior to the news breaking indicated BNB was in a downtrend since being rejected at the $692 resistance in late May, with critical support levels at $630 and $600.
While the Nano Labs commitment provides fundamental support, BNB may still face an uphill battle to reclaim its bullish momentum and challenge its all-time high of $788.84, reached just seven months ago in December 2024.
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