Author: NBTC

A former trader with a 100% win rate on the Hyperliquid platform is making headlines once again. This infamous Hyperliquid whale has opened a substantial Ethereum short position for $9.9 million dollars, utilizing an aggressive 25x leverage. This comes as uncertainty builds across crypto markets, in which price swings have become sharper and trader sentiment has become divided. The last few weeks have seen Ethereum with choppy price action, fluctuating between bullish optimism and bearish corrections. With whales beginning to reposition their portfolio, traders are paying close attention. The same whale in question, known for their stellar timing and ability…

Digital asset infrastructure firm Fireblocks has acquired Dynamic, a developer platform used by companies such as Kraken, Magic Eden and Ondo Finance, to accelerate enterprise adoption of onchain applications. The deal creates what Fireblocks calls the first complete custody-to-consumer stack, combining its security infrastructure with Dynamic’s wallet, authentication, and user onboarding tools, according to an emailed announcement on Thursday. Financial details of the acquisition have not been disclosed. Fireblocks declined to share these when contacted by CoinDesk. Fireblocks, which secures over $4 trillion in digital asset transfers annually, specializes in secure custody, using MPC technology and a settlement network for…

Cryptocurrency analysis firm CryptoQuant has published a new analysis examining the entry and exit movements of altcoins on the Binance exchange. The company stated that data showed that investors in some altcoins are exiting exchanges, while in others, selling pressure is increasing by depositing tokens into the exchange. According to the analysis, the altcoins with the most outflows on Binance were Axie Infinity (AXS), Chainlink (LINK), Fetch.ai (FET), Aavegotchi (GHST), Amp (AMP) and Synthetix (SNX). In contrast, the assets experiencing the most inflows were recorded as Mines of Dalarnia (DAR), Polygon (MATIC), Bitcoin (BTC), JasmyCoin (JASMY), and Chiliz (CHZ). CryptoQuant…

Estonian businessman Rain Lohmus participated in Ethereum’s 2014 initial coin offering (ICO), and is the world’s largest individual holder of around 250,000 coins valued at nearly $900 million, according to blockchain analytics platform Arkham Intelligence. Business entrepreneur and chairman of the Supervisory Board at LHV Capital Lohmus purchased roughly $75,000 worth of ETH during the project’s ICO more than a decade ago. The investment he made before Ethereum’s official launch has since appreciated over 11,000 times in value. However, despite sitting on one of the largest personal crypto fortunes in history, Lohmus has lost the keys to access his Ether…

Alt5 Sigma (ALTS), a developer of digital-asset trading platforms that is building a treasury of tokens issued by Trump-family linked World Liberty Financial, said it suspended CEO Peter Tassiopoulos and replaced him with CFO Jonathan Hugh on an interim basis. The company’s board, which is headed by World Liberty Financial co-founder Zach Witkoff, removed Tassiopoulos from his duties as of Oct. 16, according to a Wednesday SEC filing that did not provide a reason for the decision. Tassiopoulos was appointed CEO just over a year ago. At the time, the Nasdaq-listed company highlighted his experience in the sector. The hiring…

Binance announced that it will be removing some perpetual contracts from its futures trading platform, Binance Futures. Binance Futures to Remove Multiple Perpetual Contracts The exchange announced that all positions in the relevant contracts will be closed and the delisting process will be completed following the automatic reconciliation process. According to the official announcement, the USDⓈ-M KDAUSDT perpetual contract will be closed and removed from the system as of 12:00 on November 6, 2025, and the COIN-M AXSUSD and THETAUSD perpetual contracts will be closed and removed from the system as of 12:00 on November 7, 2025. Binance recommended that…

Ethereum’s layer 2 (L2) ecosystem is rapidly expanding, accelerating the network’s transition to scalability. GrowThePie, a crypto analytics platform, predicts that the Ethereum Mainnet may reach 10,000 transactions per second (TPS) by 2031, driven by the rapid expansion of layer 2 (L2) solutions. According to GrowThePie, the Ethereum Mainnet processed an average of 18.6 transactions per second (TPS) last month. The blockchain data site argued that the network must increase throughput by approximately 537 times from its current level of 18.6 TPS to reach its long-term scaling objective of 10,000 TPS. From 2015 to the present, ETH has scaled from…

FalconX’s acquisition of 21Shares on Oct. 22 will add prime brokerage to the crypto investment management firm that oversees more than $11 billion across dozens of exchange-traded products (ETP). The deal, which has an undisclosed sum, merges prime brokerage infrastructure with one of the largest crypto ETP issuers, creating a vertical integration that could reshape how Bitcoin and Ethereum funds trade and track their underlying assets. The acquisition comes five weeks after the Securities and Exchange Commission (SEC) removed the final regulatory barriers to spot ETFs tied to assets beyond Bitcoin and Ethereum, opening pathways for Solana, Dogecoin, and other…

Cryptocurrency exchange OKX has announced that it will list the new digital asset Hyperliquid (HYPE) on its spot market. The platform has shared a detailed timeline for users to access HYPE trading. OKX Launches Hyperliquid (HYPE) Spot Trading According to OKX’s statement, deposits for HYPE will begin at 3:30 PM on November 3, 2025. Users will be able to place pre-orders between 9:30 PM and 10:30 PM on the same day. The HYPE/USDT spot pair will begin trading at 22:30 on November 3. Withdrawals will become available at 10:00 on November 4. The exchange will implement a five-minute temporary trading…

Ethereum (ETH) has come under pressure this week, dropping to under $3,200 during yesterday’s market-wide sell-off. The asset is down over 6% in the last 24 hours and more than 17% in the past seven days, based on data from CoinGecko. After a strong run earlier this year, the latest move brings ETH back to key technical levels. ETH/BTC Drops into Accumulation Zone The ETH/BTC chart shows the pair returning to an area marked by past buying. Analyst Michaël van de Poppe pointed out that the price has pulled back more than expected, but still sits in a zone where…