Author: NBTC

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$100,251.26 and other major cryptocurrencies fell in the last 24 hours with the CoinDesk 20 (CD20) index retreating 2.17%, caught in the pullback that has gripped global markets this week. The broader retreat began with a sell-off in tech-heavy equity indices like the Nasdaq 100, which is down 3.4% this week. According to a report from Citi, bitcoin’s drop below its 55-day moving average is often an early warning sign that risk appetite in equity markets is starting to fade. Historically, when bitcoin holds above that threshold, tech stocks tend…

MANTRA and cryptocurrency exchange OKX have exchanged formal letters that signal a potential easing of tensions roughly one week following their public sparring over the migration of OM tokens. In an open letter posted on X on December 19, MANTRA CEO John Patrick Mullin proposed handling the migration manually “for maximum safety and assurance that it will be conducted with accuracy and efficiency.” In response to questions raised by Mullin regarding the number of OKX users’ OM tokens and the number of OM tokens OKX holds, OKX stated that the number of OKX user OM tokens to be migrated is…

Ethereum price slipped for the second consecutive day as sentiment in the crypto market waned and as Arthur Hayes continued his selling spree. Summary Ethereum price has crashed into a bear market in the past few months. Arthur Hayes continued his selling spree today. Separately, a major whale has bought tokens worth $1.67 billion recently. Ethereum (ETH) token declined to a low of $2,900, much lower than the year-to-date high of $4,960. This drop has coincided with the broader industry’s performance. ETH token retreated as Arthur Hayes, the founder of BitMex, continued his selling spree. He moved 682 tokens valued…

LEO, the native token of the iFinex — the parent company of Bitfinex and Tether — outperformed the broader cryptocurrency market on Friday, Dec. 19 following Bitfinex’s decision earlier this week to scrap all trading fees. The token is currently changing hands at $7.40, up 11% on the day, according to data from CoinGecko, pushing it into the top gainers today. The surge follows a few days of losses for the token, which was trading as high as $9.51 just a week ago. LEO 24-hour price chart. Source: CoinGecko The centralized exchange (CEX) decided to eliminate maker and taker trading…

The cryptocurrency market delivers dramatic revelations, and today’s spotlight falls on a staggering financial position. LD Capital founder Jack Yi currently faces an unrealized loss of $143 million on his massive Ethereum holdings, according to on-chain intelligence. This situation raises crucial questions about institutional crypto strategies and market timing. What Does This Massive Unrealized Loss Actually Mean? On-chain analyst Ai Yi revealed that Jack Yi holds approximately 645,000 ETH with an average purchase price of $3,150. With Ethereum trading significantly below this level, the paper loss has accumulated to $143 million. However, this unrealized loss represents a theoretical decline in…

Imagine a billion-dollar vote of confidence in the cryptocurrency space. That’s exactly what Kazakhstan is planning with its groundbreaking Kazakhstan crypto fund, set to launch with up to $1 billion in capital. This massive investment initiative represents a strategic pivot for the Central Asian nation as it positions itself in the global digital economy. What Makes the Kazakhstan Crypto Fund So Revolutionary? The Kazakhstan crypto fund stands out for several key reasons. First, the scale is unprecedented for a government-backed initiative in this region. With funding ranging from $500 million to $1 billion, this isn’t just a tentative experiment—it’s a…

Key Highlights: HTX to refund old Huobi management fees, with 50% returned instantly upon login. Trade-to-unlock model will let users recover the remaining 50% by trading. 24/7 support and high-yield products signal a push to win back users and increase activity. Huobi is one of the oldest crypto exchanges that started in 2013 and in 2023, it changed its name to HTX because of tighter regulations and to expand globally. The idea here was to bring all its platforms, such as the Huobi Global and Huobi US, under one single brand. However, the change did not go very smoothly for…

Ethereum price today trades near $2,925 after another failed attempt to reclaim short-term resistance. Price remains compressed inside a tightening triangle, with buyers defending rising support while sellers continue to press along a declining trendline from October highs. The setup keeps ETH at risk of expansion as December 26 approaches. Triangle Structure Defines Near Term Direction ETH Price Dynamics (Source: TradingView) On the daily chart, Ethereum is trapped inside a symmetrical triangle that has been forming since mid November. Lower highs from the $4,600 peak intersect with higher lows built from the late November washout near $2,600. Price is now…

The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots to New Objectives The Facts The Central Bank of Brazil toned down its central bank digital currency (CBDC) ambitions, postponing the idea of a retail digital real rollout. According to local reports, the bank decided to shut down the decentralized ledger platform that served as…

Bitso Business, the business-to-business arm of Bitso, announced that it was on the way to process nearly $82 billion in stablecoin payments in 2025. Felipe Vallejo, Bitso Chief Corporate Affairs Officer and Country Manager at Bitso Mexico, highlighted that this evidenced a shift toward stablecoin-based infrastructure. Bitso Business Announces Milestone: $82 Billion in Stablecoin Payments Processed During 2025 The Facts Bitso, one of the largest Latam-focused cryptocurrency exchanges, has reached record levels in processing stablecoin payments in the region. The platform reported having processed $82 billion in 2025 through Bitso Business, the business-to-business (B2B) arm of the company, using stablecoins.…