Author: NBTC

Bitcoin briefly displayed $24,111 on Binance in a sharp wick on the BTC/USD1 trading pair late Tuesday before snapping back above $87,000 within seconds, according to exchange data. The move did not show up on any other major BTC pairs and appeared isolated to USD1, a stablecoin launched by Trump family-backed World Liberty Financial. The pair later normalized, with bitcoin trading back near prevailing market prices.These sudden “wicks” are typically caused by thin liquidity – or a possible display issue – rather than a broader crash. New or less-traded stablecoin pairs often have fewer market makers quoting tight prices, meaning…

Crypto majors continued their decline, dropping another 3–8% as the selloff persisted. Bitcoin (BTC) fell 3% to $104,500, Ethereum (ETH) dropped 5% to $3,520, Binance Coin (BNB) slid 6% to $955, and Solana (SOL) plunged 8% to $162. Meanwhile, Decred (DCR) surged 111%, Dash (DASH) climbed 50%, and Internet Computer (ICP) gained 30%, leading the day’s top movers. Liquidations totaled over $1.2 billion on Monday, with long positions accounting for 90% of the losses, and the Crypto Fear & Greed Index slipped into “Extreme Fear.” Balancer suffered a $128 million exploit following a so-called “vibe-coded” hack, prompting Berachain to halt…

Crypto majors continued their decline, dropping another 3–8% as the selloff persisted. Bitcoin (BTC) fell 3% to $104,500, Ethereum (ETH) dropped 5% to $3,520, Binance Coin (BNB) slid 6% to $955, and Solana (SOL) plunged 8% to $162. Meanwhile, Decred (DCR) surged 111%, Dash (DASH) climbed 50%, and Internet Computer (ICP) gained 30%, leading the day’s top movers. Liquidations totaled over $1.2 billion on Monday, with long positions accounting for 90% of the losses, and the Crypto Fear & Greed Index slipped into “Extreme Fear.” Balancer suffered a $128 million exploit following a so-called “vibe-coded” hack, prompting Berachain to halt…

Crypto exchange Bybit released its latest Proof of Reserves report. This reveals a noticeable shift in user asset composition. The snapshot, dated December 17, shows lower holdings of Bitcoin and Ethereum. While stablecoin balances increased sharply. The data comes from Bybit’s 29th reserves disclosure. It compares user assets with on-chain wallet balances to confirm full backing. Bitcoin and Ethereum Balances Trend Lower According to the report, user held Bitcoin stood at around 63,200 BTC. This marked a decline of 5.49% on November 19. In absolute terms user BTC balances fell by roughly 3,674 BTC over the period. Ethereum holdings followed…

Strategy (formerly MicroStrategy) has announced the launch of Stream (STRE), a new Euro-denominated security, despite Michael Saylor repeatedly promising a new version of its existing security STRC geared toward foreign currency investors. STRC is Strategy’s high-yield, quasi-pegged preferred stock that trades near a $100 peg and pays tax-deferred, monthly, return of capital (ROC) dividends. Its annualized dividend is currently 10.5% and fluctuates to try to keep STRC trading near $100. To the contrary, unlike the fiat-stable retirement breakthrough the company has been promising, Strategy doesn’t intend STRE to maintain any price peg. Instead, and by Saylor’s own admission, STRE is…

On-chain tracker Lookonchain reveals that a newly-created wallet, 0x89BC, deposited an amount of $4 million USDC to Hyperliquid in the last 4 days. The wallet subsequently put the money into a high leverage pair trade and that is an indication that it has high confidence that Bitcoin will perform better than Ethereum. Disaggregated Current Leveraged Positions The wallet entered into two broad perpetual futures contracts with leverage 10. The trader took a 10x long position on 218.6 BTC with the notional value of the position being about $19.15 million at the average entry price of around $87,700. Meanwhile, the trader…

October closed roughly 4% down for Bitcoin, yet venture funding hit $5.1 billion in the same month, the second-strongest month since 2022. According to CryptoRank data, three mega-deals account for most of it, as October defied its own seasonal mythology. Bitcoin fell 3.7% during a month traders have nicknamed “Uptober” for its historical winning streak, breaking a pattern that had held since 2019. Yet venture capitalists deployed $5.1 billion into crypto startups during the same 31 days, marking the second-strongest monthly total since 2022 and the best VC performance of 2025 aside from March. The divergence between spot market weakness…

As Russia continues its efforts to regulate Bitcoin (BTC) and cryptocurrencies, another move has been made. Accordingly, the Central Bank of Russia has published a conceptual framework for regulating cryptocurrencies and submitted proposed legal amendments to the government. In this proposal, the Central Bank of Russia updated regulations on digital assets, differentiating between qualified and individual investors. The new framework imposes restrictions on individual investors while granting qualified investors a wider scope for investment. According to the proposed rules, both individual and qualified investors will be allowed to participate, with an annual upper limit of 300,000 rubles for individual investors,…

The Trump family’s crypto push is not being powered by Wall Street giants, but rather, two small financial institutions most people have never heard of. One sits inside Trump Tower in Manhattan, while the other operates out of a small New Jersey office between a junkyard and a funeral home. These firms are Dominari Holdings and Yorkville Advisors, and both have moved from quiet obscurity into the middle of a flood of crypto deals linked to the Trump sons this year. Eric Trump said the family is working with these companies because of speed and trust. He said, “Some of…

As 2025 winds down, stablecoins like USDC are being used for more than just trading. They are increasingly part of payments, business transfers, and routine movement of funds, not only activity tied to market cycles. As more money moves more often, the way those transfers settle has started to matter far more than it used to. That change has put pressure on existing blockchain networks. Activity picked up over the second half of the year, and during busy periods this showed up through higher fees, slower confirmations, and less predictable transfer costs. On Ethereum, for example, sending USDC late in…