Author: NBTC

Ethereum has closed at lower lows since it faced rejection at $2.4k. Since then, the altcoin has dropped to a low of $2,220 before slightly rising to $2,259 at press time. Despite the prevailing market weakness, some investors, especially large entities, are cashing out, further stretching the market. Trump’s WLFI sells 8500 $ETH Lookonchain reported that a wallet linked to Trump’s World Liberty offloaded 8500 $ETH for $19.27 million. After the sale, the wallet repaid its outstanding loans and withdrew all the funds from Aave. The World Liberty-linked wallet potentially sold its holdings as a precautionary measure over the ongoing…

Crypto traders on the perpetuals exchange Hyperliquid are placing increasingly aggressive leveraged bets that bitcoin will break above $75,000 after a sharp rally at the start of the week. Bitcoin climbed to around $71,000 on Tuesday, up from roughly $65,000 when $BTC futures opened on Sunday evening. The move has reignited calls for a retest of recent highs after being rejected near $74,000 last week. Onchain data shows several large traders — often referred to as “whales” — opening highly leveraged long positions on Hyperliquid as prices rise. One trader is holding ether ($ETH) and bitcoin $BTC$70,816.15 long positions worth…

Although the rest of the cryptocurrency market has remained essentially flatlined over the past 24 hours or so, Bitcoin Cash just plunged by over 5% in minutes. The move drove the popular altcoin from over $482 to $457 before it found some support and now trades close to $459. BCHUSD March 29. Source: TradingView This sudden and rather unexpected drop came amid reports that an unknown whale had disposed of a big chunk of $BCH tokens. Data shared by well-known analyst CW suggested that this entity sold off over 60,000 $BCH in minutes, which led to an instant and violent…

South Korea is moving closer to taxing crypto profits. The country’s tax agency has started full preparation for a new rule that will take effect in early 2027. Under this plan, profits from crypto trading and lending will face a 22% tax. This includes both national and local taxes. The move affects millions of investors and marks a major step in bringing digital assets under formal tax rules. Still, questions remain about whether the system will be ready in time. Tax Rule Set for 2027 Rollout The National Tax Service of Korea confirmed that crypto income will soon fall under…

InterLink Labs, in its latest announcement, has taken another stride forward into mainstream crypto by releasing its Visa card, which is driven by a collaboration with HPX. InterLink Visa Card is powered through our partnership with @Hpx_Official 🤝This integration brings real-world payment capability closer to users, enabling seamless activation and transactions across global platforms.A step forward in turning crypto from something you hold… — InterLink Labs 👤 + 🌐 (@inter_link) April 27, 2026 The partnership strives to connect digital to real life payments, an aspect that will provide users with an easier option to spend crypto around the world. As…

Bitcoin ($BTC) plummeted below the critical $66,000 threshold on April 2, 2026. This sudden downward movement has sent shockwaves through the derivatives market, resulting in the liquidation of over $251,940,000 worth of long positions within the last 24 hours. Why is Bitcoin Dropping Today? The current decline is fueled by a “perfect storm” of fundamental and technical factors. Reports indicate that rising geopolitical tensions in the Middle East and a hawkish shift in U.S. trade policy—specifically recent tariff announcements—have pushed investors toward a “risk-off” stance. Furthermore, institutional demand through spot $Bitcoin ETFs has cooled significantly. Data shows net outflows exceeding…

On-chain investigators noted multiple Ethereum wallets drained after up to seven years of no activity. The exploit caused up to $800K in losses, with the proceeds moved and mixed through ThorChain. In a post on X (formerly Twitter), user @WazzCrypto disclosed that hundreds of wallets have had their funds drained. While wallet-draining is not a new type of attack, one thing that stood out this time was that the affected wallets were dormant for up to 7 years. Aside from the on-chain record, over the past 24 hours, there have been reports on X by some users confirming their wallets…

Stablecoins are evolving from a niche crypto trading tool into a potential layer of global financial infrastructure, according to Australian investment bank Macquarie. While most U.S. dollar-denominated stablecoin activity, mainly in Tether’s $USDT and Circle’s $USDC, still comes from crypto trading, accounting for about 90% of volume, the bank said adoption is expanding across payments, remittances, treasury operations and tokenized assets, increasingly linking traditional finance with decentralized finance. “Stablecoin adoption is making strides in cross-border remittances, but adoption as form of payment still has room to grow, presenting an attractive total addressable market (TAM) opportunity,” analysts led by Paul Golding…

The push to pass the CLARITY Act has hit a new roadblock. Lawmakers are now split over ethics concerns tied to Donald Trump and his family’s growing crypto business. What was once seen as a key step toward clear crypto rules is now caught in political tension. Democrats and some Republicans are demanding changes before the bill can move forward. As a result, the future of the legislation is suddenly uncertain. Ethics Debate Slows Progress The main issue is simple but serious. Lawmakers want clear rules to prevent conflicts of interest. Reports claim Trump linked crypto ventures have generated over…

Swiss crypto investment firm 21Shares has listed a physically backed Dogecoin exchange-traded product (ETP) on Xetra, Germany’s premier electronic trading platform. The listing marks a significant expansion of institutional access to $DOGE within regulated European markets. Xetra, operated by Deutsche Börse, is one of the largest and most liquid ETF trading platforms in Europe. It serves as a primary venue for banks, asset managers, and institutional investors. The addition of a $DOGE-linked product on this exchange signals growing demand for regulated crypto exposure among professional investors. A Physically Backed Product, Not a Synthetic One The structure of this ETP sets…