Author: NBTC

The S&P 500 Index retreated by over 0.6% on Friday, continuing a retreat that started on Thursday as market participants reacted to the latest NVIDIA earnings. Summary The S&P 500 Index retreated by over 0.50% on Friday. Jitters in the booming private credit industry accelerated. The US published a strong producer price index report. The blue-chip index, which tracks the biggest companies in the United States, dropped to $6,857, down substantially from the year-to-date high of $7,010. Other stock indices like the Nasdaq 100, Dow Jones, and the Russell 2000 declined by over 1%. S&P 500 Index chart | Source:…

In a significant on-chain movement reported on April 15, 2025, a cryptocurrency address linked to digital asset reserve firm Forward Industries transferred 8,200 Ethereum ($ETH), valued at approximately $14.91 million, to the major exchange Coinbase. This Forward Industries $ETH deposit concludes a holding period of two to three years and, based on current market prices, may result in a realized loss estimated at $10.82 million, sparking analysis across financial and crypto sectors. Forward Industries $ETH Deposit: Transaction Analysis and Immediate Context Blockchain analytics provider Onchain Lens first identified and reported the substantial transfer. The transaction originated from a non-exchange wallet…

Sam Bankman-Fried has launched a public campaign to secure a presidential pardon from Donald Trump, but the White House says clemency is not on the table. Despite adopting pro-Trump rhetoric, the former FTX CEO remains unlikely to receive relief. White House Rejects SBF’s Pardon Push Convicted former FTX CEO Sam Bankman-Fried is attempting a political reinvention from behind bars, but it appears to be going nowhere, according to a recent report by Fortune. In recent weeks, Bankman-Fried has used social media to criticize the federal judiciary and praise Donald Trump, echoing themes common in MAGA circles. In one post, he…

A crypto wallet with an unusual transaction history made headlines on Friday after withdrawing 65.244 billion Shiba Inu tokens from CoinOne, one of South Korea’s oldest cryptocurrency exchanges. The withdrawal, valued at approximately $394,000, ranked among the largest $SHIB exchange outflows of the day, according to blockchain intelligence platform Arkham. The wallet address, identified as “0x9d9f823,” had not moved any $SHIB in over two months prior to the transaction. The timing raised eyebrows across the crypto community as markets headed into the weekend, a period historically marked by thin liquidity and elevated volatility. A Two-Year Pattern That Defies Normal Investor…

AINFT (Artificial Intelligence Non-Fungible Token), an AI-powered ecosystem on the TRON blockchain, has excitedly announced its strategic partnership with $BNB Chain, a decentralized, high-performance blockchain ecosystem for Web3 applications. The hidden purpose of this partnership is to expand the AINFT accessibility to artificial intelligence (AI) services at a wider level. 📢 AINFT AI Service Platform now supports $BNB Chain!Building on our existing #TRON support, AINFT has expanded to @BNBCHAIN, offering users more flexible multi chain access and a wider range of asset options.🔹Login: A new $BNB Chain option is now available, with seamless sign… pic.twitter.com/kTXkrqwHSR — AINFT (@OfficialAINFT) March 5,…

Ethereum tests its 50-day EMA as whale accumulation accelerates, raising questions about a potential shift in trend momentum. Ethereum ($ETH) currently trades at $1,889, posting a 3.42% gain on the day amid a notable short-term recovery after recent weakness. The intraday chart shows $ETH hovering below the $1,830 level earlier before staging a breakout that pushed the price action above $1,934 at its session peak. After reaching local highs, the price retraced modestly and is now consolidating just below the $1,900 mark. Although the 4-hour metric shows a 1.47% decline, the broader 24-hour performance remains positive at +3.38%, indicating that…

OpenAI, the artificial intelligence research lab developing advanced language models, announced Friday that the company has secured $110 billion in a new funding round backed by SoftBank, NVIDIA, and Amazon at a $730 billion pre-money valuation. SoftBank, the Japanese investment conglomerate behind major tech initiatives, and NVIDIA, a leading supplier of AI computing hardware, each committed $30 billion. Amazon, operator of the dominant AWS cloud platform, contributed $50 billion and entered a multi-year strategic partnership to accelerate AI adoption across enterprise and consumer markets. The San Francisco–based AI lab plans to use the capital to expand capacity, global product distribution,…

Why it matters: Ryan VanGrack, Coinbase’s VP of legal and global head of litigation, is sharpening Coinbase’s challenge to state regulators, saying they are trying to rewrite Congress’ authority over derivatives. Coinbase has filed lawsuits in Connecticut, Illinois, Michigan and Nevada after launching prediction markets in partnership with Kalshi. Some of those states issued cease-and-desist letters or public warnings, arguing sports event contracts amount to illegal gambling. VanGrack said those actions left customers facing “real and imminent” threats that forced Coinbase to seek clarity in federal court. The argument: VanGrack says states are framing the issue incorrectly. Illinois officials argued…

PengoPay, a robust stablecoin payment infrastructure entity, has launched to provide secure and simple payments for freelancers and businesses worldwide. PengoPay’s launch permits consumers to accept payments in $USDC and $USDT stablecoins, develop devoted payment sites, and create cryptocurrency invoices. 🎉 PengoPay is now live We’re building a simpler and safer stablecoin payment infrastructure for businesses worldwide. With PengoPay, companies and freelancers can: • Accept $USDT / $USDC payments • Create payment site and crypto invoices • Maintain full control of… pic.twitter.com/iljheqfTd8 — PengoPay 🐧 (@PengoPayment) February 27, 2026 As PengoPay mentioned in its official announcement on X, it offers…

In a move that could reshape stablecoin infrastructure, SoFi Bank, N.A. has partnered with BitGo Bank & Trust to support the launch of the new sofiusd stablecoin. BitGo to power SoFiUSD infrastructure and distribution Strategic vision from BitGo and SoFi Bank-grade compliance meets open blockchain rails Technical stack and scalability for institutions Signaling a new phase for regulated stablecoins BitGo: from custody pioneer to infrastructure provider SoFi’s broader digital finance strategy BitGo to power SoFiUSD infrastructure and distribution BitGo Bank & Trust, an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO), announced in New York…