Author: NBTC
The infamous Hyperliquid “OG Whale” who made nearly $200 million from the Oct. 10 market crash, alongside a few other successful plays, has loaded up $44.5 million in Ether longs. The whale, known by some as the “$10B HyperUnit Whale,” who has yet to be officially identified, added $10 million to an existing long position on Monday, taking the total up to $44.5 million, according to data from blockchain analytics platform Arkham Intelligence. “He is currently long $44.5M of ETH and is up over $300K in less than an hour,” said Arkham in an X post on Monday. OG Whale…
Two major Wall Street investment banks have issued differing views on the newly public fintech firm Figure (FIGR), as the company works to expand its blockchain-based lending and capital markets platform beyond home equity lines of credit. Keefe, Bruyette & Woods (KBW) initiated coverage of Figure with an “outperform” rating and a 12-month price target of $48.50, suggesting 17.5% upside. The bank praised Figure’s early dominance in tokenized credit markets, where it holds 73% of the private credit segment and 39% of all tokenized real-world assets, according to KBW’s estimates. Founded by former SoFi CEO Mike Cagney, Figure went public…
Japan has officially finalized amendments to its crypto regulatory framework that have the potential to increase global Bitcoin demand. The reforms aim to clarify custodial liability, stimulate institutional participation, and position the country as a safe haven for digital assets. Reform Could Boost Bitcoin Demand According to crypto research and education institution XWIN Research Japan, the Financial Services Agency (FSA) has completed its 2025 Working Group on crypto-asset reform, outlining a redesign of the country’s rules. Central to this effort is the transition from the Payment Services Act to the Financial Instruments and Exchange Act, which will provide stronger investor…
Merin, an AI-powered decentralized predictive market protocol that provides users with Web3 market intelligence, today announced a strategic partnership with Fomoin, a decentralized marketing and incubation powerhouse that is designed to support the growth of blockchain projects. This collaboration enabled the integration of Merin’s intelligence market platform with Fomoin’s marketing and incubation engine to enable Merin to advance the accessibility and adoption of its AI-powered Web3 network and attract more users to the platform. Merin is an AI-powered decentralized predictive market protocol that equips users with superior market forecasting and strategic decision-making capabilities for smarter investing, trading, and productivity in…
Ethereum has been in a downtrend for over four weeks, forming what appears to be a bearish rounded top that suggests it may be at risk of further losses in the coming weeks. Summary Ethereum price is down by 41% from its year-to-date high. Bearish macro catalysts resulting in weak demand have kept ETH price under pressure. A multi-month rounded top pattern could put its price at further risk. According to data from crypto.news, Ethereum (ETH) has been mostly in a free fall since Oct. 28, dropping 29% which extends to 41% from its year-to-date. Trading at $2,926 at press…
Government officials from India and Nigeria both made statements on crypto today, but they took surprisingly different directions. Both explicitly acknowledged pros and cons, yet their speeches have many key differences. India’s Minister of Commerce and Industry focused on the negatives of Web3, although he alluded to a CBDC. Nigeria, meanwhile, is forming a Committee to profitably engage with this risky yet lucrative industry. India’s Crypto Outlook As the Web3 industry keeps growing and growing, jurisdictions around the world are forced to grapple with the questions of crypto regulation. Today, two major regional economies, Nigeria and India, both saw high-level…
A federation of stock exchanges has sent a letter to the U.S. Securities and Exchange Commission, urging the regulator to remove special exemptions given to crypto firms offering tokenized stocks. In a letter sent last week to the SEC’s Crypto Task Force, the World Federation of Exchanges, whose members include the NYSE, Cboe, and CME Group, told the agency that exemptive relief should not be used to fast-track crypto trading platforms into roles that resemble national securities exchanges without requiring full compliance. The federation stated that it is “alarmed” at “the plethora of brokers and crypto-trading platforms offering or intending…
Crypto.com exchange is welcoming the festive season with a campaign designed to boost users’ CRO balances. The trading platform has launched its Festive CRO Campaign today, offering its customers new ways to accumulate Cronos’ native token. Meanwhile, the 1-month event has sparked optimism, as individuals eye the $55,000 reward pool. The strategic promotion enables users to grow their CRO holdings as they enjoy added advantages leveraging the Crypto.com App. These incentives remain vital as digital assets enthusiasts seek year-end opportunities amid ongoing turmoil. The official blog reads: This holiday season, we’re giving you even more reasons to grow your CRO…
The cryptocurrency world is about to witness a groundbreaking moment as SpaceCoin prepares to launch three revolutionary CTC-1 satellites on November 26. This ambitious project represents a significant leap forward in decentralized infrastructure, bringing blockchain technology literally into orbit around our planet. What Makes SpaceCoin Satellites So Revolutionary? SpaceCoin satellites represent a fusion of cryptocurrency innovation and space technology. The upcoming launch from Vandenberg Space Force Base marks a crucial step in creating a decentralized physical infrastructure network (DePIN) that operates independently of traditional internet providers. These SpaceCoin satellites will test critical technologies in actual orbital conditions, pushing the boundaries…
Ethereum price daily chart shows tentative signs of recovery just as the Federal Reserve faces one of its most complicated meetings of the year. With policymakers debating whether to delay or even cancel December’s meeting due to missing job data, markets are reacting with uncertainty. For Ethereum price, this kind of macro hesitation has often fueled volatility—especially when interest rate expectations shift rapidly. Ethereum Price Prediction: The Fed’s Indecision and Investor Nerves The Fed’s dilemma is simple but critical. Without November labor data, they’re forced to decide between cutting rates for the third time or holding steady to fight inflation.…