Author: NBTC
The non-fungible token ($NFT) sector is facing renewed debate over its long-term relevance, with different views emerging on whether the market has declined or is transitioning. Eli Scheinman, senior advisor at Art Basel, stated that NFTs, as a category, are no longer returning to prior levels of activity, describing the market as effectively over in its earlier form. However, he noted that the underlying technology is still under development, particularly for use cases involving digital ownership and new forms of art and collectibles. At the same time, Raoul Pal claimed that blockchain-based art continues to hold value, citing scarcity, cultural…
Stablecoin issuer Circle’s (CRCL) shares tumbled on Tuesday, after a draft version of U.S. stablecoin legislation raised concerns about limits on yield. The stock of the $USDC issuer fell as much as 18% in the early U.S. session, snapping a weeks-long rally that saw more than 100% gain. Meanwhile, crypto platform Coinbase (COIN), which shares revenue coming from the stablecoin, dropped about 8%. The key catalyst behind the move was the latest version of the Clarity Act, as reported by CoinDesk, which would restrict offering rewards on stablecoin balances, analysts pointed out. “Clarity Act could potentially ban yield payments for…
BlackRock, one of the world’s largest asset management companies, has revised its growth forecast for the cryptocurrency space upwards. In his 2026 shareholder letter, CEO Larry Fink stated that they anticipate the company’s crypto business unit could generate approximately $500 million in annual revenue over the next five years. Fink’s assessment is seen as a reflection of the growing interest in crypto assets on Wall Street. BlackRock has been one of the leading figures in accelerating institutional investors’ access to this space by playing a pioneering role in the spot Bitcoin ETF process. The company reportedly currently manages approximately 800,000…
The recent movement in the US 20-Year Treasury Note yield highlights growing nervousness across financial markets. Despite reports suggesting the possibility of easing geopolitical tensions, yields have continued to rise, indicating that investors remain skeptical about any immediate resolution. This reaction suggests that market participants are pricing in prolonged uncertainty rather than short-term stability. Absolutely incredible:The US 20Y Note Yield is now back to 5.00% less than 24 hours after President Trump said peace talks were underway.The threat of 7% mortgages and $4.00 gas prices has become reality.Bond markets say this war is unsustainable. pic.twitter.com/nRHrjY0KXu — The Kobeissi Letter (@KobeissiLetter)…
Ethereum ($ETH) blockchain registered its highest quarterly transactions since inception during the first quarter (Q1) of 2026. Over the past three months, the Ethereum network hit a record of 200.4 million, according to metrics from Artemis, a crypto analytics platform. As such, the chain’s quarterly transactions surged by around 43% from the previous quarter to reach an all-time high (ATH) in Q1. Ethereum quarterly transactions. Source: Artemis Since Ethereum’s quarterly transactions bottomed around Q4 of 2023, the figure has gradually climbed to its peak earlier this year. Specifically, the number of settlements recorded on the Ethereum network peaked at 2.897…
Analysts at on-chain data platform CryptoQuant spotted a new Ethereum ($ETH) buying trend by Binance traders. This has ignited expectations for a bullish Ethereum price rebound in the mid-to-long term. Ethereum buy on Binance spike Analyst Amr Taha noted that Ethereum purchases on Binance are rising, while sell pressure is easing. This shift is clearly visible in the latest $ETH reserve data. Per the data, the Ethereum reserve on the Binance exchange has dropped to 3.3 million $ETH, falling below the previous lows seen in February. The reserve fell to 293.53 million $ETH in February and 3.49 million $ETH on…
Fed signals possible rate hike amid global tensions, triggering volatility and raising risks of a liquidity crunch across equities and crypto markets. Bitcoin faces pressure as higher rates could strengthen the dollar, reduce liquidity, and increase downside risk amid uncertain Fed policy outlook. The Federal Reserve has shaken the global scenario after Chair Jerome Powell said a rate hike could still happen if tensions in the Middle East increase. He added that decisions will be made meeting by meeting. This comes even as many expected the central bank to start cutting rates. While no final decision has been made, just…
Ethereum price started a steady recovery wave above $2,050. $ETH is now struggling to clear $2,150 and might trim some gains in the near term. Ethereum started a decent upward move above the $2,020 zone. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There was a break below a short-term contracting triangle with support at $2,135 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 resistance. Ethereum Price Faces Rejection Ethereum price extended its recovery wave above $2,020, beating Bitcoin. $ETH price…
Vanguard, one of the world’s largest registered investment advisers with more than $12 trillion in assets under management globally, announced on March 24 that it will conduct stock splits for some of its biggest exchange-traded funds (ETFs). Specifically, the move will affect five ETFs – Growth ETF (VUG), Mega Cap Growth ETF (MGK), S&P 500 Growth ETF (VOOG), Mid-Cap ETF (VO), and Information Technology ETF (VGT) – and will be effective on April 21, 2026. Furthermore, Vanguard revealed that the record date for the splits will be April 17, and the payable date will come with the closing bell on…
Ethereum is currently trading above $2,100 at the start of the new month, but one analyst believes the asset’s next major directional move is based on a single price level: one that, if broken, would invalidate years of macro analysis and cause a price collapse to as low as $900. The Count That Has Held For A Year According to an analyst known as The Penguin, Ethereum’s current price behavior fits into a broader Elliott Wave structure that has been developing for years. The analysis defines Ethereum’s entire price history since 2016 as a developing macro sequence: a completed Cycle…