Author: NBTC

In a move that has sent ripples through the cryptocurrency market, World Liberty Financial ($WLFI) executed a significant transaction, selling 8,500 $ETH for $19.27 million approximately eight hours ago. This event, reported by blockchain analytics firm Lookonchain, has sparked intense speculation among investors and analysts about the motives behind this substantial Ethereum sell-off. The transaction, originating from an address linked to $WLFI, represents one of the largest single-entity $ETH sales in recent weeks, raising questions about the project’s financial strategy and its broader implications for the Ethereum ecosystem. World Liberty Financial $ETH Sale: Transaction Details and On-Chain Evidence According to…

In the US the journey of crypto ETFs has been rooted for over a decade. Early filings from companies like Gemini weren’t accepted. 21Shares itself played a significant role in the evolution outside the United States, rolling out one of the world’s first physically backed Bitcoin exchange-traded products (ETPs). Crypto was initiated as a grassroots revolution mainly influenced by individual developers, early adopters, and retail traders. However, in the last 10 years, the industry has gradually evolved into an asset class that is difficult to avoid. Although institutions did not quickly adopt crypto, their adoption followed years of work to…

The cryptocurrency projects with the largest user base have been announced. On-chain data shows that Layer-1 (L1) ecosystems, in particular, continue to be the main drivers of global adoption, reaching millions of users. Projects reaching hundreds of millions of wallet addresses stand out at the top of the list, while changes over the last 30 days also offer important clues about the growth rate of these ecosystems. Here are the altcoins with the highest number of token holders in the last 30 days, along with the number of token holders and the change compared to the previous month: $BNB Chain…

Crypto legislation pressure intensified as Stand With Crypto urged the Senate Banking Committee to take action on the CLARITY Act. The campaign targets a markup that could move federal digital asset rules closer to consideration. Key Takeaways: Stand With Crypto pressed lawmakers to move CLARITY Act review forward. Senate Banking Committee action could accelerate clearer digital asset rules. Supporters seek committee movement before broader crypto legislation can advance. Stand With Crypto Presses Senate Committee for CLARITY Act Markup Stand With Crypto called for urgent Senate Banking Committee action on April 28, asking supporters to demand a markup for the CLARITY…

Brazilian stock exchange B3 is launching six “Event Contracts” today, including instruments tied to bitcoin price movements. The country’s first federally regulated prediction market comes three days after the National Monetary Council prohibited derivatives based on sports, political, and entertainment events, while explicitly preserving the financial-asset category B3’s contracts fall under. Key Takeaways: B3 launches six Event Contracts on April 27, with bitcoin among three underlying assets. CMN Resolution 5,298 bans sports and political prediction derivatives starting May 4. ANATEL has blocked 28 prediction market platforms including Polymarket and Kalshi. Brazil Draws a Regulatory Line Between Asset and Event Derivatives…

While the crypto market is attempting to establish itself in a new cycle, Senior Strategist at Bloomberg Intelligence Mike McGlone has published an updated Bitcoin price outlook. His key thesis remains unchanged: Bitcoin retains the risk of returning to the $10,000 level — a level the analyst calls a “fundamental anchor.” McGlone’s argument is based on mathematical regression. The $10,000 level is not just a psychological mark but the most traded price zone since the launch of Bitcoin futures in 2017. Why McGlone brought up $10,000 Bitcoin ($BTC) price target According to the strategist, the anomalous growth of 2020-2021 was…

Ethereum is sitting near a key market cost basis at $2,335, where a clean reclaim could support a wider move toward the $5,600 MVRV band. However, a separate Wyckoff chart warns that $ETH may first grab liquidity near $2,400–$2,450 before turning lower. Ethereum Price Tests $2,335 Support as $5,600 Target Comes Into View Ethereum is trying to reclaim its Realized Price near $2,335 as support, according to the MVRV pricing bands chart shared by Ali Charts. The chart shows $ETH trading close to the green Realized Price band after recovering from the lower blue band near $1,868. This area matters…

Tokenized stocks have surpassed $1 billion in total value on-chain, marking a new milestone for the fast-growing real-world asset (RWA) sector. Data from RWA.xyz shows the value of tokenized equities climbing past the $1 billion mark, as platforms offering blockchain-based exposure to traditional stocks attract more trading activity and liquidity. Much of that activity is concentrated among a small number of players. RWA.xyz data and a report released Tuesday by Foresight Ventures show Ondo as the largest tokenized stock platform by value, while xStocks products account for another significant share of the market. On Tuesday, Foresight Ventures released a report…

Bittensor’s $TAO has rallied 90% so far this month, and the tokens in its ecosystem are running up even harder. The network’s subnet token category reached a combined market cap of $1.47 billion on Monday, with $118 million in 24-hour trading volume, according to CoinGecko data. The surge follows $TAO’s own run from $180 to above $332 in March, but the subnet tokens are where the real action is. Templar, the token for Subnet 3, gained 444% in 30 days. OMEGA Labs rose 440%. Level 114 added 280%. BitQuant gained 230%. Even the larger subnet tokens posted significant returns, with…

South Korean cryptocurrency exchange Coinone has initiated a legal challenge against sanctions imposed by the nation’s Financial Intelligence Unit (FIU). The exchange filed for a suspension of execution just one day before the measures were scheduled to take effect. This action marks the beginning of a formal legal battle over the validity of the FIU’s sanctions. Coinone Lawsuit: Core Sanctions Explained The central component of the FIU sanctions restricts new users from depositing or withdrawing virtual assets to and from external exchanges. Existing users remain unaffected by this rule. New users, however, can still utilize all other trading functions on…