Author: NBTC
[ad_1] STON.fi, one of the leading AMM protocols on The Open Network ($TON), announced that $TON-native representations of Bitcoin ($BTC) and Ethereum ($ETH) are now available within the ecosystem in a fully non-custodial DeFi format. The integration gives $TON users direct access to the two largest crypto assets, including the ability to swap them and provide liquidity, while maintaining full control over their funds. $BTC and $ETH are represented on $TON as wrapped assets issued in $TON-native format, each fully backed 1:1 by the underlying tokens and managed through smart contracts. Ethereum is available as wrapped $ETH (WETH), while Bitcoin…
Massive Chinese Whale That Has Never Sold Ethereum Before Claims ETH Will Soar – Here’s the Date He’s Waiting For
[ad_1] Chinese billionaire Bitcoin miner Jiang Zhuoer argued that investors in the US stock markets are still in the early stages of developing an interest in Ethereum ($ETH). Zhuoer, who stated that he has not sold his $ETH holdings for many years, noted that the level of understanding of Ethereum by institutional capital is similar to the crypto market during the 2014-2015 period. According to Zhuoer, Bitcoin’s “digital gold” narrative offers an easily understandable framework for investors outside of traditional finance. In contrast, Ethereum’s “smart contract” based structure is more complex, taking longer for US capital to understand $ETH. He…
[ad_1] VelaFi, a stablecoin-powered financial infrastructure provider under Galactic Holdings, has raised $20 million in a Series B funding round led by XVC and Ikuyo, the company said in a press release Monday. The round also included participation from Alibaba Investment, Planetree, BAI Capital, and other global investors, bringing the company’s total funding to more than $40 million. Founded in 2020, VelaFi initially built payment infrastructure in Latin America and has since expanded into the U.S. and Asia. Its platform connects local banking rails, cross-border payment networks and major stablecoin protocols, allowing enterprises to move funds across markets more quickly…
Japan’s Crypto Tax Reform Accelerates After Landslide Election Victory, Promising Major Relief for Investors
[ad_1] TOKYO, JAPAN – February 2025. Japan’s cryptocurrency landscape stands on the brink of a significant transformation following a decisive political shift. The ruling Liberal Democratic Party’s (LDP) overwhelming victory in the House of Representatives election has injected powerful momentum into long-awaited digital asset tax reforms. Consequently, the proposed reduction of Japan’s crypto capital gains tax from a steep 55% to a flat 20% rate is now expected to proceed without major legislative hurdles, potentially reshaping the nation’s position in the global Web3 economy. Japan’s Crypto Tax Reform Gains Unstoppable Momentum The February 8th election delivered a commanding two-thirds majority…
[ad_1] BlackRock, the world-wide largest asset manager, on Wednesday said it will make shares of its tokenized U.S. Treasury fund, BUIDL, tradable on Uniswap, marking the asset manager’s first step into decentralized finance (DeFi). As part of the move, BlackRock also disclosed a strategic investment in Uniswap and purchased an undisclosed amount of UNI, Uniswap’s governance token, which surged 25% on the news, now trading at $4.11. BUIDL, which launched in 2024, is the largest tokenized U.S. Treasury fund on the market with nearly $2.2 billion in total value locked, according to data from rwa.xyz. It’s a blockchain-based fund backed…
[ad_1] Ethereum price started a recovery wave above $2,000. $ETH is now consolidating and remain at risk of another decline below $1,980. Ethereum struggled to extend gains above $2,120 and corrected lower. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,040 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 zone. Ethereum Price Dips Again Ethereum price managed to form a base above $1,950 and started a recovery wave, like Bitcoin. $ETH price…
Cautious Atmosphere Continues in the ETF Market! How Much Outflow Was Experienced in Bitcoin and Ethereum ETFs? Here Are the Details
[ad_1] Spot ETF data, which indicates the direction of institutional investors in the cryptocurrency market, pointed to significant outflows last week. According to SoSoValue data, there was a net outflow of $681 million from Bitcoin spot ETFs last week. This indicates that the cautious atmosphere in the markets is also being felt through the ETF channel. Last week, the Bitcoin spot ETF that recorded the highest net inflow was IBIT, managed by BlackRock. IBIT generated approximately $25.86 million in net inflows on a weekly basis, bringing its historical total net inflow to $62.41 billion. However, the largest outflow was seen…
[ad_1] U.S. Treasury: Passing the Clarity Act is Critical for U.S. Bitcoin and Crypto Sovereignty Treasury Secretary Scott Bessent recently pressed lawmakers to act on stalled crypto and bitcoin legislation, saying the United States must secure clear market structure rules before the end of the spring legislative window. In an interview from Fox News’ Sunday Morning Futures, Bessent said that the Digital Asset Market Clarity Act — commonly referred to as the Clarity Act — is essential to the future viability of bitcoin and digital asset markets in the U.S. Bessent told host Maria Bartiromo that the recent volatility and…
[ad_1] Ethereum ($ETH) now trades below the average entry levels of both accumulation addresses and exchange-traded fund (ETF) holders, leaving a significant portion of major holders underwater. Yet current data points to continued structural commitment rather than broad exit activity, suggesting that capital remains engaged despite the drawdown. Ethereum’s Decline Pushes Major Buyers Into Unrealized Loss Territory Ethereum has extended its losses in 2026, shedding more than 30% year-to-date amid a broader crypto market downturn. The second-largest cryptocurrency by market capitalization fell below the $2,000 level last week. Although it briefly recovered that mark, the rebound proved short-lived, and $ETH…
[ad_1] Braden Karony, former CEO of SafeMoon, has been sentenced to 100 months in federal prison for his role in a crypto fraud involving the project’s liquidity pool. A jury convicted Karony of securities fraud, wire fraud, and money laundering after prosecutors showed he misappropriated investor funds while claiming they were “locked.” Karony personally withdrew over $9 million in crypto and engaged in manipulative trading to boost the price of the SFM token. The funds were taken from wallets portrayed as untouchable. U.S. District Judge Eric Komitee handed down the sentence in the Eastern District of New York after a…