Author: NBTC

Tron, traded on the Nasdaq exchange, continues to expand its cryptocurrency portfolio. The company announced the purchase of an additional 160,835 $TRX tokens. With this latest acquisition, the company’s total $TRX holdings have reached 688.5 million. Company management emphasized that this acquisition is part of its long-term growth strategy, stating that $TRX investments aim to increase shareholder value. The statement also indicated that regular $TRX purchases will continue in the future, and the company will continue to grow its crypto asset portfolio. Tron has also taken a significant step to increase the transparency of its digital assets. The company announced…

Last week, the Himachal Pradesh High Court rejected the bail plea of Abhishek Sharma, one of the key promoters in a crypto multi-level marketing (MLM) scheme that allegedly defrauded over 80,000 investors across India. Currently, total losses are estimated at Rs 500 crore, about $3.6 million. It was Justice Sushil Kukreja who delivered the judgment on April 30. “Economic offenses are considered grave offenses as they affect the economy of the country as a whole, and such offenses having a deep-rooted conspiracy and involving huge loss of public funds are to be viewed seriously,” the court stated. Indian Ponzi scheme…

Bitcoin’s short-term correlation with the S&P 500 has turned negative recently, but on-chain analyst Axel Adler Jr. warned in his March 31 Morning Brief that this is not the bullish signal it might appear to be. The more telling metric, the $BTC/S&P price ratio, has been declining since the start of the year and continues to show that Bitcoin is underperforming equities, not breaking away from them. Weak Relative Strength Keeping Bitcoin Tied to Equity Market Pressure Adler’s analysis centers on two metrics that together paint a more complete picture of where Bitcoin sits in the current market. The first…

Ethereum is experiencing a solid increase in trading volume and activity, with trading volume on major platforms rising by more than 150%. That kind of expansion appears bullish at first, but a closer look reveals a more mixed structure. The volume of futures dominates the derivatives market. With OKX and Gate adding substantial depth, Binance alone is pushing over $13 billion. Source: Coinglass A bias toward longs, albeit not an extreme one, is confirmed by the long/short ratios that are consistently above 1 across several exchanges. This is significant because crowded longs are often penalized when the price stalls. That…

RootData data shows CeFi raised about $606 million across 8 deals, infrastructure $105 million across 14, and DeFi $90 million. CeFi concentration and sector breakdown According to April data from Web3 analytics platform RootData, the disclosed total raised in the crypto primary market reached roughly $860 million, spread across 55 financing events and 5 M&A deals, a slight dip from March’s 62 events that still points to steady activity. Capital was heavily skewed toward centralized platforms. CeFi topped the table with about $606 million raised across 8 deals, followed by infrastructure at $105 million across 14 deals, and DeFi at…

$XRP Fees Spike as XRPL Activity Surge nears 200 transactions per ledger David Schwartz says the $XRP Fee Mechanism reacts sharply to small demand increases Fees rise faster during $XRP Network Congestion to maintain XRPL Stability The $XRP Ledger has recently seen an increase in transaction fees as network activity climbed close to 200 transactions per ledger, a level rarely reached in its history. This surge in usage pushed the network closer to its limits, resulting in higher fees and increased load, which drew criticism from users. Addressing the concerns, Ripple CTO David Schwartz explained that such fee spikes are…

The American Innovation Project (AIP), a non-profit advocacy group, has added a crypto policy specialist to its ranks as it expands its work on digital asset legislation. Jacob Smagula, a 2026 graduate of Claremont McKenna College, will join Democratic Representative Ritchie Torres’ (D-NY) team, AIP said. Smagula brings a background in crypto policy and industry affairs, having worked on the government relations team at publicly traded bitcoin miner MARA and currently serving on the policy team at the DeFi Education Fund. He has also held roles on Capitol Hill, including internships with Representative Jake Auchincloss and Senator Angus King. Smagula’s…

Bitcoin has accumulated five consecutive months of declines since October 2025, matching the historic negative streak of 2018-2019 if March closes in the red. The Long-Term Holder SOPR indicator has fallen below the 1.0 threshold, confirming that investors holding for more than 155 days are selling at a loss. Analysts project a potential bottom between $46,000 and $54,000, while the $BTC/Gold ratio shows a critical 70% correction from its peak. Bitcoin is falling once again. For the fifth consecutive time, the pioneer cryptocurrency faces a challenging period with a bearish trend that has driven it to trade near $67,800, representing…

Miami Beach — The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some important use cases, according to Ben O’Neill, Bridge’s head of money movement. “I think it’s a net bad for the growth of stablecoins as a whole, because you have two counterparties that have pros and cons to what they’ve built, and the design choices they’ve made. But they don’t work for every use case,” O’Neill said on a panel about stablecoin growth at Consensus Miami. Tether’s USDT, with its gargantuan market capitalization of approximately $189.5 billion, and Circle’s…

The Shibburn portal, which tracks transactions removing Shiba Inu meme coins from circulation, has shared an update about a substantial four-digit increase in the daily burn rate of the second-largest meme coin, Shiba Inu. Meanwhile, the $SHIB team has recently published an update, celebrating the recent surge in $SHIB holders around the world. Burn rate jumps by 1,086%, 23.7 million $SHIB gone The above-mentioned data source spread the word about a massive single-day increase in the $SHIB burn rate. Over the past 24 hours, this metric has surged by slightly over 1,086%. This became possible thanks to 23,729,119 $SHIB coins…