Author: NBTC

Ethereum (ETH) has faced a sharp pullback in recent days, dropping 14% over the past week. Despite this decline, analysts suggest the recent breakdown may not indicate weakness but could instead lead to the next major upward move. The asset is trading around $3,390 at press time, after gaining 2% in the past 24 hours. Some technical analysts continue to point toward long-term chart structures and liquidation setups that support the possibility of a bullish continuation. Pattern Suggests Breakdown Could Precede Breakout Trader Tardigrade shared a multi-cycle view of Ethereum’s price action on the 3-day chart. The setup shows that…

Emerging meme stock Beyond Meat has dropped from its Wednesday high in its first test after skyrocketing more than 1,000%. Investors are attempting to turn the stock into a buzzy trend akin to 2021’s GameStop mania, but for some, its daily decline has started to cast doubt on the movement. BYND hit a local high of $7.69 on Wednesday, as social media traders helped pump the stock more than 1,435% over six days. However, according to TradingView, it fell 53.45% from that high to $3.58 by Wednesday’s market close. It has since continued its decline, dropping to a recent price…

Ripple, the blockchain tech firm closely associated with the XRP Ledger (XRP) network, said on Monday it has acquired crypto wallet provider Palisade to expand its institutional custody and payments offering. Palisade’s wallet-as-a-service platform will be integrated into Ripple Custody, a product designed for banks and corporates handling digital assets, stablecoins and tokenized real-world assets. Ripple said Palisade brings tools for high-speed, high-frequency use cases — like on- and off-ramps or enterprise payment flows — where users need secure wallets that can be created and deployed quickly. The tech also supports multiple blockchains and can interact with decentralized finance (DeFi)…

Subdued trends continue to define Ethereum ETF flows as investors react to shifting market sentiment. Summary Ethereum ETFs post sixth straight day of outflows, totaling over $938 million, with BlackRock’s ETHA leading withdrawals. ETH trades near $3,388, down 14% for the week, as price action mirrors declining ETF inflows and weakening investor sentiment. Whales accumulate over $1.3 billion in ETH, signaling potential recovery if ETF sentiment steadies and buying momentum builds above $3,100 support. Ethereum ETFs recorded a sixth consecutive session of net outflows on November 5, losing $119 million for the day. BlackRock’s ETHA led the drop with outflows…

Have you ever heard the phrase, “Invest in crypto without direct crypto exposure?” It simply means you invest in cryptocurrencies like Bitcoin and Ethereum, without directly owning or managing any of them. In today’s market, this is possible through blockchain-themed funds, Exchange-Traded Funds (ETFs), diversified crypto baskets, or unit trusts. In this guide, we’ll focus on how to invest in crypto ETFs in the USA, the benefits, risks, tax implications, and future prospects. What Is a Crypto ETF? Definition of Exchange-Traded Funds (ETFs) An Exchange-Traded Fund (ETF) is a basket of assets that holds a collection of stocks, commodities, or…

NEW YORK — Former FTX CEO Sam Bankman-Fried’s chances of getting a fresh trial seem to be dwindling, judging by the pointed questions of an appellate court during a hearing in Manhattan on Tuesday. Bankman-Fried’s lawyer Alexandra Shapiro told the trio of Second Circuit judges that the high-profile trial was “fundamentally unfair” because her client was prevented by District Judge Lewis Kaplan from telling the jury his side of the story, or presenting the 17 jurors with “objective evidence” that FTX was, in fact, solvent at the time it filed for bankruptcy following its spectacular collapse in November 2022. Bankman-Fried’s…

OKX, a leading cryptocurrency platform and on-chain technology company, is excited to announce the strategic partnership of its X Layer the Chainlink SCALE program. OKX has selected the Chainlink Cross-Chain Interoperability Protocol (CCIP) with its X Layer, its high-performance Ethereum Layer-2 network. The main purpose of this strategic partnership is to revolutionize the way of Traditional Finance (TradFi) with Decentralized Finance (DeFi). With the integration of Chainlink’s industry-leading oracle network, X Layer developers will be able to get easy access to high-quality, near-zero-gas, and tamper-proof market data. Since both platforms are dealing with modern users, for that purpose, they also…

The Fusaka mainnet upgrade delivers a coordinated set of protocol changes to scale blobs, raise execution capacity, and improve cryptographic UX on Ethereum; node operators and developers should use the published activation epoch and the BPO schedule to prepare their environments. What is the Fusaka mainnet upgrade and which features matter most? When will Fusaka activate on mainnet and what are the BPO milestones? How does the PeerDAS protocol change blob availability and L2 scaling? How does sampling preserve security? What is the expected impact on rollups? Which execution and consensus EIPs does Fusaka include and what do they change?…

A recent report claims that retail traders in South Korea have developed a world-class appetite for risky assets. This could potentially deepen Korea’s influence over global crypto markets. Still, although many retailers are showing heightened crypto investment, the data isn’t entirely uniform. Moreover, systemic high-risk trading could negatively impact the space. South Korea, a Potential Crypto Hub? North Korea has attracted a lot of international press for its skill in perpetrating crypto hacks, but its southern neighbor often gets less attention. However, recent reports claim that South Korea’s grassroots Web3 adoption is steadily growing, and new research may help illustrate…

Law enforcement authorities in Kazakhstan have opened over a thousand investigations into cases involving cryptocurrency in just two years. The financial damages caused to victims exceed $15 million, according to the interior ministry of the country which aspires to be a regional crypto hub. Fraud accounts for majority of crypto crime cases More than 1,000 criminal cases related to operations with cryptocurrency have been registered in Kazakhstan over the course of the past two years, local media reported citing official data. The figure was made public by Kazakhstan’s Deputy Minister of Internal Affairs Sanzhar Adilov at a forum devoted to…