Author: NBTC

Spot Bitcoin exchange-traded funds (ETFs) traded in the US experienced one of their sharpest daily outflows of the year on the first trading day of the week. According to SoSoValue data, a total net outflow of $648.6 million occurred from spot Bitcoin ETFs on Monday. This figure marks the largest single-day fund outflow recorded since January 29th. These outflows followed a total net outflow of $1 billion recorded last week, ending six weeks of uninterrupted positive capital inflow into spot Bitcoin ETFs. The largest outflow was seen in BlackRock’s IBIT fund, one of the world’s largest asset management companies, with…

Ethereum’s [$ETH] weakness is becoming increasingly visible through whale positioning. Price has fallen to roughly $1,740, placing $ETH below the whale realized price near $1,900. That gap suggests many large holders now sit on unrealized losses rather than profits. Source: TradingView The pressure extends further. $ETH is also trading below the Binance listing AVWAP, currently near $1,700. Notably, this marks only the fourth time in six years that price has traded beneath that long-term benchmark. Historically, such periods have reflected deteriorating market confidence and weaker accumulation dynamics. As a result, whale support appears less reliable than during previous recovery phases.…

In South Korea, cryptocurrency investors are beginning to convert their assets into cash to purchase real estate, with this trend being most prevalent among investors in their 30s. According to data released by South Korea’s Ministry of Land, Infrastructure and Transport on May 10, a total of 324 homebuyers declared using proceeds from cryptocurrency sales in their home finance plans between February 10 and March 31. Of these investors, 229 were aged 30-39, representing approximately 70.7% of the total. Related News Experienced Analyst Identifies Two Resistance Levels for Bitcoin – “A Similar Pattern Has Been Seen Three Times Before in…

Romance scammers are reportedly using AI generated images of attractive women to dupe followers and attendees of this week’s $XRP Las Vegas conference. The “women,” invariably pictured in glamorous cocktail dresses in front of the event’s official banner, were flagged by an $XRP Ledger validator on Friday morning. Their job was to slide into the DMs of visitors and $XRP aficionados who they hope will be predisposed to welcome otherwise unusual conversations about the crypto. Attendees of the event, which is billed as “the Largest $XRP conference in the world,” and features speakers including Ripple CEO Brad Garlinghouse and $XRP…

Cryptocurrency exchange Deepcoin has officially obtained a Bitcoin Service Provider (BSP) license from the Central Bank of El Salvador, marking a significant step in the company’s expansion into regulated markets. The license, reported by ChainCatcher, permits Deepcoin to legally offer Bitcoin custody, sales, trading, and related currency exchange services within the country’s evolving regulatory framework. Regulatory Milestone in El Salvador El Salvador became the first country in the world to adopt Bitcoin as legal tender in September 2021, and has since been developing a structured regulatory environment for digital asset service providers. The BSP license is part of the country’s…

The line between traditional finance (TradFi) and crypto is disappearing, with tokenization consistently a dominant narrative of the digital asset industry for a number of years. Edwin Mata, CEO and founder of tokenization platform Brickken, projects that Wall Street will run entirely on blockchain technology by 2030. Mata told CoinDesk that tech industry buzzwords like “Web3” are fading as major banks adopt the technology for standard financial plumbing, such as settlements and payments. “The merge between Wall Street and technology is going to dissipate,” Mata said in an interview. “We’re not going to talk anymore about blockchain. It’s merging into…

The market is still trying to figure out what the recent pullback really means. On the technical front, Bitcoin’s 5.8% correction last week from its $82k level triggered a frenzy over whether this marked a local top for the asset. Looking at the macro setup, the market split makes sense, keeping $BTC’s current structure a textbook setup for speculative traders to profit from its volatility. Recent data shows bears have been the most profitable in the move. According to CoinGlass, $630 million in positions were liquidated on the 17th of May as $BTC broke below $77k, marking the first major…

Ethereum has entered a decisive bearish phase after losing multiple high-timeframe support levels in a matter of days. The latest sell-off pushed $ETH through a major confluence zone that had previously acted as support throughout the first half of the year, placing the market at a critical juncture where buyers must defend lower demand levels to prevent a deeper correction. Ethereum Price Analysis: The Weekly Chart The weekly chart shows a significant deterioration in market structure. After peaking near $5K, $ETH established a series of lower highs beneath a descending trendline that has capped every major recovery attempt since late…

After hovering slightly above the $320 billion threshold last week, the stablecoin sector pulled in more than $2 billion in fresh capital over the past seven days. Data from Defillama shows the stablecoin economy now carries a combined market capitalization of $322.74 billion. Key Takeaways: Tether’s $USDT hit $189.63B on May 10, keeping 58.76% control of the stablecoin market. Circle’s $USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto. $USDG jumped 11.89% to $2.658B, putting newer stablecoins back in the spotlight. Stablecoin Market Starts Swelling Again As of this weekend, tether ( $USDT) remains the unquestioned heavyweight…

Ripple’s $RLUSD has had a strong opening to 2026. The stablecoin’s market cap climbed from $1.33 billion at the end of 2025 to a fresh $1.6 billion all-time high in late April, and OKX has just opened spot trading across more than 280 pairs. The early-year numbers tell a clear story. $RLUSD is fully backed 1:1 by cash and U.S. Treasuries held in segregated accounts at BNY Mellon, with monthly third-party attestations and oversight from the New York Department of Financial Services and the Dubai Financial Services Authority. That regulated structure is showing up in the numbers. How fast is…