Author: NBTC

The $BTC price prolonged its consolidation within the formation of bear flag pattern as middle east conflict continued to hamper market sentiment. On-chain indicators for Bitcoin reflect a defensive market posture rather than directional conviction. The $76,500 and $84,400 stands as immediate resistance against Bitcoin buyers. The original cryptocurrency Bitcoin shows an insignificant loss of 0.51% on Tuesday to barely sustain above the $70,000 mark. The daily chart highlights a neutral candle formation in the daily chart accentuating the market uncertainty amid geopolitical tension. The latest on-chain data shows similar FUD (Fear, uncertainty, doubt) among retails and large investors, signaling…

Ethereum needs three catalysts to fall into place for its price to regain momentum and surge higher, according to SharpLink Gaming CEO Joseph Chalom. “One is the CLARITY Act to pass in the US,” Chalom pointed out in an interview with Robert Baggs on Cointelegraph’s Chain Reaction show published to YouTube on Thursday. It came on the same day that all 13 Republican members and two Democrats voted to advance the Digital Asset Market Clarity Act (CLARITY) at the US Senate Banking Committee meeting on Thursday. Chalom said that while many view the legislation, which aims to give the US…

Nvidia’s (NASDAQ: NVDA) position in the MSCI All Country World Index (ACWI), which tracks roughly 85% of investable global stock markets across large- and mid-cap companies, has climbed all the way back to 4.96%. As a result, the chipmaker now commands a larger share than entire national markets tracked by ACWI, as shown by new Augur Infinity data posted by The Kobeissi Letter. Most notably, Nvidia’s has edged past Japan’s 4.94% allocation, despite the East-Asian country being the world’s third-largest equity market. Nvidia ACWI weight. Source: The Kobeissi Letter (@KobeissiLetter) Of course, the chart does not mean that Nvidia accounts…

The crypto market continues to witness aggressive whale activity, and Hyperliquid’s $HYPE token now sits at the center of attention. A wallet linked to venture capital giant a16z recently purchased another 74,175 $HYPE tokens worth nearly $3.38 million. The latest move has strengthened bullish sentiment across the market and sparked fresh discussions about long term confidence in the project. Blockchain tracking data revealed that the wallet, identified as 0xb5E4, has accumulated huge amounts of $HYPE over the past month. The wallet reportedly bought around 1.71 million $HYPE tokens during that period. Those purchases carried a combined value of nearly $72.81…

Tether’s role in a Tether Brazil tax dispute just got much more visible. The stablecoin issuer froze more than $213 million linked to Gurhan Kiziloz, along with 48 $USDT accounts associated with his company, after a Brazilian court ruling tied to gambling operations and crypto token sales. That combination — a court order, a major stablecoin issuer, and nine-figure frozen funds — is why the case is drawing attention far beyond Brazil. At its center is a civil fight over taxes, not a criminal prosecution. However, the size of the freeze shows how digital asset enforcement is increasingly colliding with…

B2C2 has obtained a Crypto-Asset Service Provider license from Luxembourg’s Commission de Surveillance du Secteur Financier, clearing the firm to provide regulated services under the European Union’s Markets in Crypto-Assets framework. The license allows B2C2 to extend over-the-counter spot trading services across all EU member states and three EEA countries through MiCA’s passporting regime, enabling cross-border access to digital asset liquidity under a unified regulatory framework, the company said in a statement on Friday. The company added that the approval marks B2C2 as the first global OTC liquidity provider to secure a CASP license. The firm previously registered as a…

A crypto analyst has issued a bold long-term forecast for Bitcoin, predicting that a capital rotation out of gold and into Bitcoin will drive the asset to $800,000. This prediction is coming at a time when gold’s recent decline has caught many financial investors off guard. Biggest Gold To Bitcoin Rotation Is Coming Bitcoin has never lacked bold long-term projections, and over the years, some of the most optimistic forecasts have placed its future price well into six-figure territory and beyond. At different points in the cycle, these expectations have stretched as far as $1.5 million, especially during periods of…

Since March, Ethereum [$ETH] bulls have struggled to breach the $2,400-resistance level. While Bitcoin [BTC] was able to climb above key psychological resistances at $70K and $80K, $ETH was unable to muster similar momentum and climb to $2,700-$2,900 levels. Source: Glassnode A look at the higher timeframe moving averages showcases the bearish $ETH trend, as the price was below the 200DMA and 200WMA. The latter, in particular, is a notable demarcator of long-term trends and has acted as both support and resistance numerous times. Though the 111DMA at $2,186 is expected to serve as support, the trend has been bearish…

Monarq, Flare, and Upshift have announced the launch of MXRPY, a managed multi-strategy $XRP yield vault built on Flare, according to details shared with Finbold on Friday, May 15. The product is designed for $XRP holders seeking diversified yield exposure through a single vault structure. MXRPY allows users to deposit FXRP ($XRP on Flare) into a professionally managed vault that allocates capital across multiple yield strategies. Built on Upshift’s institutional vault infrastructure and managed by Monarq Asset Management, the vault combines both onchain and offchain execution to expand available yield opportunities within the XRPFi ecosystem. Managed strategies expand XRPFi yield…

A group of 20 former FTX customers has filed a $525 million lawsuit against Fenwick & West, the law firm that provided legal counsel to the collapsed cryptocurrency exchange. The plaintiffs allege that the firm did not merely represent FTX but actively participated in concealing the fraud that led to the loss of billions in customer funds. The case, reported by Cointelegraph, centers on claims that Fenwick & West helped build the legal and corporate infrastructure that enabled the misuse of client assets. Nishad Singh’s testimony and the warning that went unheeded The lawsuit draws heavily on testimony from Nishad…