Author: NBTC

Nearly $150m in leveraged crypto long positions were liquidated in one hour as Bitcoin, Ethereum and XRP fell, with total daily liquidations topping $464m. Summary Around $145m in leveraged crypto longs were liquidated in two hourly waves, with Hyperliquid handling the largest single $3.63m order.​ Total 24h crypto liquidations hit about $464m across 137k+ traders, led by $66.5m in Bitcoin and $33.8m in Ethereum positions.​ BTC fell 1.7%, ETH 2.8% and XRP 6.8% as the broader crypto market lost 2.19% in value alongside big ETF redemptions the previous day.​ Nearly $150 million in leveraged cryptocurrency long positions were liquidated within…

The opBNB network has completed its mainnet hardfork that began on early Tuesday morning on its testnet. The Fourier Mainnet hardfork was then shifted to the mainnet at around 03:00 UTC on Wednesday, which ex-Binance CEO Changpeng Zhao confirmed was completed one hour later. According to the opBNB network upgrade’s notes on GitHub, the Fourier hardfork has halved block time from 500 milliseconds to 250 milliseconds and implemented several changes to improve stability, finality handling, and node performance. opBNB is a layer-2 Ethereum Virtual Machine (EVM) compatible network built using the OP Stack that scales applications on the BNB Chain.…

Ethereum price started a steady upward move above $3,050. ETH is now consolidating gains and might aim for more gains above $3,200. Ethereum started a fresh increase above $3,000 and $3,050. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,200 zone. Ethereum Price Eyes More Gains Ethereum price started a fresh increase after it settled above the $3,000 zone, like Bitcoin. ETH price…

Jerome Powell’s term is expected to end in May, and he will be replaced by someone else chosen by US President Donald Trump. At this point, the balance of power is rapidly shifting in the race for the Fed chairmanship, a position Trump will likely appoint. While Kevin Hassett and Kevin Warsh were the leading candidates for the FED chairmanship until the final week, the name of FED Board Member Christopher Waller has also started to be mentioned a few days ago. As the number of potential FED chair candidates continues to rise, another name has emerged. According to CNBC,…

In a significant on-chain movement detected by blockchain analytics platform The Data Nerd, a cryptocurrency wallet address strongly associated with leading algorithmic trading firm Wintermute executed a substantial transfer of 11.48 million USDT to global exchange giant Binance. This transaction, occurring in the digital asset markets on April 10, 2025, immediately captured analyst attention due to its size, sender, and common market interpretation. Market participants and analysts frequently view large stablecoin inflows to centralized exchanges as a precursor to potential buying activity, making this event a noteworthy data point for understanding current capital flows and trader positioning. Analyzing the Wintermute…

British lender Lloyds Banking Group is claiming bragging rights for completing the first U.K. gilt purchase using tokenized deposits, or blockchain representations of fiat currency bank deposits. Lloyds, the third-largest bank in the country by market capitalization, said it enlisted the help of crypto trading platform Archax and the privacy-focused Canton Network to buy the government debt. The bonds’ name refers to the old gold-edged certificates. The purchase illustrates how tokenization can transform traditional banking, turning real-world assets into digital forms that can be purchased, sold or transferred instantly, Lloyds said in a press release. The transaction involved the company’s…

Ethereum breaks Bollinger Band resistance, signaling bullish momentum, but an analyst awaits a 30% price move. Ethereum (ETH) kicked off the first Monday of 2026 on a strong note, with a notable rise in price, peaking at around $3,209. The crypto showed an overall positive trend, extending early-year gains as investors cautiously rebuilt positions after a period of volatility. The price fluctuated between a low of approximately $3.12K and the high point, reflecting market caution yet solid optimism. Over the past 24 hours, Ethereum has seen a modest increase of 0.5%, maintaining a steady upward movement despite occasional retracements. Looking…

Wall Street bank JPMorgan Chase & Co. (JPM) said the stablecoin supply could reach $500 billion to $600 billion by 2028, far short of the most bullish $2 trillion to $4 trillion calls. Stablecoin demand is still primarily a crypto-market story, not a payments story, according to the largest U.S. bank by assets. JPMorgan noted that the stablecoin market has grown about $100 billion this year to roughly $308 billion, led by Tether’s USDT and Circle’s (CRCL) USDC. Demand is still driven mainly by crypto trading and collateral needs across derivatives and decentralized finance (DeFi), with derivatives venues adding about…

Nexo has launched a new borrowing product that allows Bitcoin (BTC) or Ethereum (ETH) holders to access liquidity at 0% interest, according to an announcement shared with Finbold on Wednesday, January 8. The product, called Zero-interest Credit (ZiC), joins Nexo’s existing credit offerings and provides fixed-term crypto-backed borrowing with no interest charges or fees. The structure is designed to offer a predefined repayment path from the outset and eliminate the risk of premature forced liquidation during the loan term. Fixed-term borrowing structure According to Nexo, Zero-interest Credit enables users to borrow against BTC and ETH for a fixed term, with…

Ethereum and Solana are not only separated by questions of scalability, they are increasingly divided by competing visions of what blockchain networks must be built to withstand in the future. Recent remarks from the co-founders of each network revealed two competing definitions of “resilience,” rooted in different assumptions about risk, infrastructure, and the future shape of blockchain adoption. In an X post revisiting Ethereum’s Trustless Manifesto, co-founder Vitalik Buterin framed resilience as protection against catastrophic failure, including political exclusion, infrastructure collapse, developer disappearance, and financial confiscation. Buterin argued that Ethereum was not designed to optimize for efficiency or convenience, but…