Author: NBTC

Yes, you read the title right. The number of bullish bitcoin wagers, the so-called $BTC/USD long positions, on the OG exchange Bitfinex has hit multi-month highs. But, bulls, hold your cheers, as this metric has become a textbook “contrary indicator” over the years, with upswings characterizing bitcoin’s price downtrends. Highest since 2023 The number of $BTC/USD longs has increased to 79,343, the highest since November 2023, according to data source CoinDesk. Rising bullish bets usually signal growing upside pressure – a positive read. But historically, the market has done the exact opposite, falling just as Mother Nature turns sunny forecasts…

Bitcoin ($BTC), Ethereum ($ETH), and Ripple (XRP) are currently trading around key levels on Monday after surging nearly 5%, 2%, and 6%, respectively, in the previous week. Bitcoin has dropped below $81,000, while Ether closed last week’s candle above the key resistance level. This could allow $ETH to record further gains over the next few hours and days despite whale selling pressure. Whales unload some Ether Ether is trading above the $2,300 level on Monday after closing the weekly candle above a key resistance level. The smart money tracker EmberCN revealed over the weekend that a key Bitcoin OG, Garrett…

Deepening inflation fears are pushing U.S. crypto traders into digital assets, as 90% worry the dollar will lose purchasing power. An OKX survey found 49% increased crypto holdings since January, reflecting intensifying pressure on portfolio strategies. Key Takeaways: 90% of surveyed traders fear the dollar will lose purchasing power. 49% increased crypto holdings since January amid rising inflation concerns. 73% expect crypto to play a larger global financial role. Inflation Concerns Drive Crypto Allocation Changes Rising inflation concerns are driving a measurable shift in how U.S. crypto traders allocate capital, according to a survey released May 1, 2026, by OKX,…

Haliey Welch, better known online as the “Hawk Tuah” girl, is back, and no, she has not taken responsibility for her memecoin dip. In a recent interview with Channel 5, she says memecoin scams should be “normalized” by now. “It’s done every single day… like it’s normal at this point,” she says. For the past year, Welch has kept a low profile after being involved in a memecoin scandal. While speaking with Andrew Callaghan of Channel 5, she has denied everything, OnlyFans account included. Hawk Tuah girl still knows nothing about memecoins Welch announced the launch of her Hawk Tuah…

MIAMI — Ripple’s stablecoin business is on track to receive a license from the U.S. Office of the Comptroller of the Currency (OCC), according to Jack McDonald, the company’s Senior Vice President of Stablecoins. McDonald made the announcement during a panel at Consensus 2026 in Miami, signaling a significant step forward for the firm’s regulatory strategy in the United States. Regulatory Progress and Global Footprint McDonald noted that the stablecoin division already holds a license from the New York State Department of Financial Services (NYDFS) and has secured approvals in several other international jurisdictions. The OCC license, if granted, would…

Base, the Layer 2 blockchain developed by Coinbase, has announced that its x402 protocol processed over $100 million in cumulative stablecoin payments during the first quarter of 2025. The milestone, shared via Base’s official social media channels, underscores the growing role of blockchain infrastructure in facilitating machine-to-machine payments, particularly among autonomous AI agents. The x402 Protocol and Its Role in AI Payments The x402 protocol is an open standard for AI-driven payments, designed to enable seamless, low-cost transactions between artificial intelligence agents without human intervention. By integrating stablecoins — digital assets pegged to fiat currencies like the US dollar —…

A notable data point in the Bitcoin (BTC) market reveals that the largest cryptocurrency is approaching a rare performance threshold. According to data shared by the analytics platform Coinglass, Bitcoin’s year-to-date return is negative at 0.76%. This could mark only the second time in history that the price has fallen for the sixth consecutive month, marking a “six-month losing streak.” Related News Expert Analyst: “Bitcoin’s Key Resistance Level Is $72,500; Selling Pressure May Persist” Historical data shows that a similar scenario has only occurred once before. Between August 2018 and January 2019, Bitcoin lost approximately 54.8% of its value. However,…

Bitmine Immersion Technologies (BMNR) has sharply slowed its ether ($ETH) purchase pace as Chairman Tom Lee signaled, following months of aggressive buying that made it the world’s largest Ethereum treasury company. The firm bought 26,659 ether last week, worth about $63 million based on ether’s current price. That’s roughly a quarter of the average weekly haul it purchased over the past weeks. The purchase lifted Bitmine’s holdings to over 5.2 million $ETH, or around 4.31% of ether’s circulating supply, according to a Monday company update. The update follows comments Lee made last week at Consensus 2026 in Miami, where he…

The exclusive data covering the crypto fundraising over the 1st quarter of this year has shown a shifting market trend. Hence, the crypto venture capitalists have recorded notable capital inflows. As per the data from CryptoRank’s Fundraising Digest’s new report, despite the decrease in the number of deals in the crypto VC sector, a staggering $9.26B has entered this market. Hence, this reflects high conviction in the potential of crypto VCs. 📈Q1 Crypto Fundraising Report:– VC investment fell to $4.56B across 217 deals (↓38% capital, ↓22% deals QoQ)– Late-stage rounds dominated — Series C+ surged ↑1020% YoY and ↑320% QoQ–…

A seat at Donald Trump’s upcoming crypto luncheon could cost as little as $70,000. It could also cost more than $6 million, depending on how participants choose to climb the leaderboard that determines entry, even as the token trades nearly 96% below its peak. The event, announced last week, is set for April 25 at Mar-a-Lago, Trump’s private club in Palm Beach, Florida. Attendance is capped at 297 and is tied to holdings of the $TRUMP memecoin. Wallets are ranked based on “Trump Points,” which reflect token exposure over time. Those rankings, rather than simple ownership, determine who qualifies for…