Author: NBTC

Interest in cryptocurrencies shows no signs of slowing down in Hong Kong as 25% of adults planning to invest, a new survey finds. A November 2024 survey by the Hong Kong University of Science and Technology found that a quarter of respondents plan to hold cryptocurrencies, up 6% from a poll conducted in September 2023, The Standard reports. The survey, which polled 5,863 adults over three weeks, also found that uncertainty still remains high. Across all three surveys, at least 40% of respondents indicated uncertainty in holding cryptocurrencies in the future, the HKUST research team stated. At the same time,…

Grayscale has filed Form S-1 with the SEC to launch a spot Solana ETF. It comes after NYSE Arca submitted a 19b-4 application to the SEC, proposing to convert the Grayscale Solana Trust into an exchange-traded product. The SEC formally acknowledged the filing on February 6. S-1 is the formal registration statement required to offer and trade shares of Grayscale’s proposed fund under the Securities Act. The filing, dated April 4, reveals the firm plans to list the ETF—initially named Grayscale Solana Trust (SOL)—on the NYSE Arca exchange. Once approved, the trust will be renamed Grayscale Solana Trust ETF. The…

Ethereum faces key support at $1,800 with possible drop to $1,500. RSI shows oversold conditions but Ethereum needs to break $2,000. A short squeeze could trigger a rally, pushing Ethereum back to $3,000. Ethereum’s (ETH) price movement poses some questions which may affect its short-term outlook, especially with the price being approximately $1,800. A recent chart that crypto analyst Anup Dhungana has shared shows that the future direction of Ethereum is uncertain, as it may decline slowly to $1,500 or consolidate at $1,800 levels prior to any major movement. With the approach of April 2025, uncertainty and volatility increase, with…

Following the recent market downturn, a Binance user who holds over 612 billion Shiba Inu tokens lost a whopping $4.125 million. Many crypto investors have suffered significant losses over the past few months due to market downturns that have wreaked havoc on the prices of top assets like Shiba Inu. In a tweet yesterday, Onchain Lens revealed that a crypto whale had incurred substantial losses on their Shiba Inu investment. The untagged address, 0xbf9…d38ea, currently holds 612,295,960,405 (approximately 612.3 billion) SHIB tokens worth $7.85 million. Notably, Onchain Lens suggested that the value of these tokens has dropped significantly since their…

Bitcoin and altcoins continue to suffer under the weight of US President Donald Trump’s new tariff announcement. While BTC and altcoins have failed to rise in the face of economic uncertainty fueled by tariffs, analyst il Capo, who is remembered as a bear analyst, continues to be optimistic about the market. In his statements via his X and Telegram accounts, he states that Bitcoin is preparing for a rise and that despite the current downward trend, the general picture is bullish. Il Capo first said that Bitcoin is ready for an uptrend and is currently trying to find direction. The…

Flare System Protocol uses PMWs to securely enable cross-chain transactions without user platform switching. FSP supports future protocols like FAssets V2 and XRP staking on a unified, decentralized foundation. In the middle of rapid innovation in the blockchain world, Flare takes an unusual approach. One protocol that is rarely discussed but actually plays a central role in the architecture of this network is the Flare System Protocol (FSP). The name may sound technical, but the function of this protocol is actually very basic: to be a bridge between networks in a way that is not inconvenient for users. Just imagine…

Lawmakers in the United States have an informational edge over the public — and their committee assignments mean that they, quite often, regulate the industries they invest in. There’s no shortage of suspicious stock trades being made — but the sighting of a suspicious crypto trade on Capitol Hill remains a much rarer and more interesting occurrence. While U.S. politicians still trade and invest in crypto on a much smaller scale than equities, there has been a notable uptick in activity since the start of the Trump presidency. Moreover, it’s apparent that lawmakers are not above using their unique advantages…

SUI has surpassed TRON to become the third-largest blockchain by daily active addresses, growing to 2.46 million users. The cryptocurrency market as a whole continues to decline, and Sui (SUI) is among the tokens that have been hit the hardest. At the time of writing, SUI is trading at $2.17, reflecting a 9.73% drop in the last 24 hours. The token has seen a 19.97% decline over the past week. While price indicators are showing a decline, network activity on the Sui blockchain paints a different picture. According to the latest blockchain activity data, Sui has risen to third place…

As Q1 comes to a close, Ethereum investors shift their focus toward Q2 prospects. April and May historically stand out as some of the stronger months for the crypto market. Historical data shows April delivered an average Ethereum return near 20% in past cycles, while May consistently outperformed with an average gain closer to 30%. This strong seasonal tendency raises a question for Ethereum (ETH) on whether it can surpass the $3,000 mark by the end of May this year. Many analysts remain generally bullish on ETH’s longer-term potential to break key resistance levels eventually. However, beneath this general outlook,…

The #BoycottBinance hashtag has been trending on X (formerly Twitter) as crypto investors express outrage over the price crashes of multiple altcoins listed on Binance. Users claim the exchange is engaging in pump-and-dump schemes, with analysts and traders pointing out significant market manipulation. 🚨UPDATE: #BoycottBinance gains traction on ‘X’ as users alleging #Binance manipulates altcoin prices through futures trading and market-making strategies.For More Updates: https://t.co/Qii434pFDC#CryptoNews #CoinEdition #UPDATE pic.twitter.com/wkdz1Z14qU — Coin Edition: Your Crypto News Edge ️ (@CoinEdition) April 2, 2025 What Specific Allegations Are Being Made Against Binance? Crypto analyst Jesus Martinez directly accused Binance of causing massive liquidations related…