Author: NBTC
[ad_1] Ethereum price action is showing growing downside risk as weakening liquidity and fragile rebounds increase the probability of a deeper rotation toward the $900 range low. Summary Short-term bounces lack conviction, suggesting rallies may be corrective rather than trend-changing Liquidity dynamics favor a downside sweep, with clean lows still attracting price Volatility likely to expand, if balance breaks and price seeks deeper acceptance levels Ethereum ($ETH) price continues to trade in a vulnerable position, hovering around a critical support zone known as the point of control (POC). While short-term relief bounces have emerged on lower timeframes, these moves have…
[ad_1] The Algorand Foundation announced that Brale has expanded its custom stablecoin issuance and orchestration platform to the Algorand blockchain. The move brings regulated stablecoin infrastructure to Algorand, a Layer-1 network focused on scalability, security, and fast finality. Brale is a U.S.-regulated stablecoin issuance platform. It allows businesses to launch and manage their own stablecoins with reserve management, compliance, and banking connectivity built in. Operating under U.S. money transmitter licenses, Brale combines custody, mint-and-burn processes, and compliance tools into a single system. Through APIs, enterprises and fintech companies can integrate stablecoins into payment, treasury, and finance workflows without maintaining blockchain…
[ad_1] Sam Bankman-Fried (SBF), the founder of FTX and a central figure in one of the biggest scandals in the cryptocurrency world, has filed a new request for a hearing with the Southern District of New York Federal Court (SDNY). The application was registered as a “pro se” request, meaning a request made by the defendant on their own behalf. The petition submitted to the court was filed by Barbara H. Fried, Professor Emerita at Stanford University Law School. The document states that Bankman-Fried is seeking a retrial under Article 33 of the Federal Criminal Procedure Rule. A supporting legal…
[ad_1] STON.fi, one of the leading AMM protocols on The Open Network ($TON), announced that $TON-native representations of Bitcoin ($BTC) and Ethereum ($ETH) are now available within the ecosystem in a fully non-custodial DeFi format. The integration gives $TON users direct access to the two largest crypto assets, including the ability to swap them and provide liquidity, while maintaining full control over their funds. $BTC and $ETH are represented on $TON as wrapped assets issued in $TON-native format, each fully backed 1:1 by the underlying tokens and managed through smart contracts. Ethereum is available as wrapped $ETH (WETH), while Bitcoin…
Massive Chinese Whale That Has Never Sold Ethereum Before Claims ETH Will Soar – Here’s the Date He’s Waiting For
[ad_1] Chinese billionaire Bitcoin miner Jiang Zhuoer argued that investors in the US stock markets are still in the early stages of developing an interest in Ethereum ($ETH). Zhuoer, who stated that he has not sold his $ETH holdings for many years, noted that the level of understanding of Ethereum by institutional capital is similar to the crypto market during the 2014-2015 period. According to Zhuoer, Bitcoin’s “digital gold” narrative offers an easily understandable framework for investors outside of traditional finance. In contrast, Ethereum’s “smart contract” based structure is more complex, taking longer for US capital to understand $ETH. He…
[ad_1] VelaFi, a stablecoin-powered financial infrastructure provider under Galactic Holdings, has raised $20 million in a Series B funding round led by XVC and Ikuyo, the company said in a press release Monday. The round also included participation from Alibaba Investment, Planetree, BAI Capital, and other global investors, bringing the company’s total funding to more than $40 million. Founded in 2020, VelaFi initially built payment infrastructure in Latin America and has since expanded into the U.S. and Asia. Its platform connects local banking rails, cross-border payment networks and major stablecoin protocols, allowing enterprises to move funds across markets more quickly…
Japan’s Crypto Tax Reform Accelerates After Landslide Election Victory, Promising Major Relief for Investors
[ad_1] TOKYO, JAPAN – February 2025. Japan’s cryptocurrency landscape stands on the brink of a significant transformation following a decisive political shift. The ruling Liberal Democratic Party’s (LDP) overwhelming victory in the House of Representatives election has injected powerful momentum into long-awaited digital asset tax reforms. Consequently, the proposed reduction of Japan’s crypto capital gains tax from a steep 55% to a flat 20% rate is now expected to proceed without major legislative hurdles, potentially reshaping the nation’s position in the global Web3 economy. Japan’s Crypto Tax Reform Gains Unstoppable Momentum The February 8th election delivered a commanding two-thirds majority…
[ad_1] BlackRock, the world-wide largest asset manager, on Wednesday said it will make shares of its tokenized U.S. Treasury fund, BUIDL, tradable on Uniswap, marking the asset manager’s first step into decentralized finance (DeFi). As part of the move, BlackRock also disclosed a strategic investment in Uniswap and purchased an undisclosed amount of UNI, Uniswap’s governance token, which surged 25% on the news, now trading at $4.11. BUIDL, which launched in 2024, is the largest tokenized U.S. Treasury fund on the market with nearly $2.2 billion in total value locked, according to data from rwa.xyz. It’s a blockchain-based fund backed…
[ad_1] Ethereum price started a recovery wave above $2,000. $ETH is now consolidating and remain at risk of another decline below $1,980. Ethereum struggled to extend gains above $2,120 and corrected lower. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,040 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 zone. Ethereum Price Dips Again Ethereum price managed to form a base above $1,950 and started a recovery wave, like Bitcoin. $ETH price…
Cautious Atmosphere Continues in the ETF Market! How Much Outflow Was Experienced in Bitcoin and Ethereum ETFs? Here Are the Details
[ad_1] Spot ETF data, which indicates the direction of institutional investors in the cryptocurrency market, pointed to significant outflows last week. According to SoSoValue data, there was a net outflow of $681 million from Bitcoin spot ETFs last week. This indicates that the cautious atmosphere in the markets is also being felt through the ETF channel. Last week, the Bitcoin spot ETF that recorded the highest net inflow was IBIT, managed by BlackRock. IBIT generated approximately $25.86 million in net inflows on a weekly basis, bringing its historical total net inflow to $62.41 billion. However, the largest outflow was seen…