Author: NBTC

The recent IPO filing of cryptocurrency firm Circle has revealed that the company makes less money off the USD Coin (USDC) stablecoin than cryptocurrency exchange Coinbase. In fact, Circle’s largest expense was $908 million to Coinbase for distribution. Circle’s S-1 is a reminder of Coinbase’s power in the crypto ecosystem. In ’24, Circle had $1.7b revenue and $285m EBITDA. Impressive financial profile. But its largest expense was $908m for distribution by Coinbase. Net of USDC rewards, Coinbase earns more than double the… pic.twitter.com/8yPLt9SKwW — Alex Immerman (@aleximm) April 2, 2025 USDC, the second-largest stablecoin by market capitalization, recorded impressive growth…

Bitcoin currently trades at $97,821 to $98,313 over the last hour, boasting a $1.96 trillion market valuation and $54.21 billion in daily activity, oscillating between $96,147 and $100,760 today. It lingers 9.2% shy of its historic peak, a threshold tantalizingly close yet just out of immediate reach. Bitcoin Bitcoin‘s daily price action paints a tempestuous tale: a precipitous drop followed by a valiant rebound. Support coalesced near $91,000—echoing past buying enthusiasm—while the $104,000-$109,000 per bitcoin barrier stands as an unyielding fortress. Momentum oscillators offer conflicting cues: the commodity channel index (CCI) at -140 whispers of bargain-hunting prospects, while the MACD’s…

Users have performed over 100,000 transactions with Ripple’s USD stablecoin RLUSD in the two months since it launched. This is according to a report released by CryptoQuant on Tuesday, February 4, highlighting the steady adoption of the Ripple–backed stablecoin. According to the crypto analytics firm, about 109,000 RLUSD transactions have been completed so far, 95% of them or about 105,000 on the XRP Ledger and only around 4,100 on Ethereum. RLUSD transaction count by network chart Source CryptoQuant CryptoQuant analyst Maartunn contended that the asset’s higher uptake on the XRPL could be due to the network’s greater efficiency and lower…

Binance, the world’s leading cryptocurrency exchange, has announced that it has added a number of new trading pairs and Trading Bot services to its Spot platform, which will go live on April 3, 2025 at 11:00. Binance Expands Trading Options with New Pairs and Trading Bots Services New Trading Pairs on Binance Spot The following USDC and TRY trading pairs will be introduced: API3/USDC AUCTION/TRY AUCTION/USDC BANANA/USDC GUN/USDC QNT/USDC THETA/USDC TRY represents the Turkish Lira, a fiat currency, and does not correspond to any other digital asset. Expansion of Trading Bots Services Binance will also enable Trading Bots services for…

Later today, US President Trump will celebrate what he refers to as Liberation Day by continuing with a tariff policy to reduce American reliance on foreign products. Depending on the severity of the tariffs, the domestic crypto-mining industry will suffer considerable losses. In an interview with BeInCrypto, Matt Pearl, director of the Strategic Technologies Program at the Center for Strategic and International Studies (CSIS), explained that levies on China will inherently disrupt supply chain dynamics and increase operational costs for the US mining industry. How Will Liberation Day Tariffs Impact Mining Costs? Later today, Trump is expected to unveil sweeping…

Since the US securities regulator approved spot Bitcoin ETFs, the funds have posted record performance in the recent past. Investor enthusiasm for such funds reached an unprecedented level, with net flows soaring more than 100%. According to a report by Coindesk, the net inflows for US-listed spot Bitcoin ETFs surged 175% year-over-year in the first three weeks of the year. The boost came despite the ongoing volatility in the crypto market. US-listed Bitcoin ETFs have reportedly accumulated an impressive $40.6 billion, highlighting their status as one of the most successful ETF launches in history. The sharp rise in inflows signals…

None of the top 10 cryptocurrencies by market cap have made significant moves over the past 24 hours, according to CoinGecko. However, in meme land, tokens like TRUMP, MELANIA, and a new coin called FARTBOY have made double digit moves upwards. Official Trump (TRUMP), a token endorsed by the U.S. President, has jumped 12.4% over the past 24 hours—his wife’s official token Melania Meme (MELANIA) is also up nearly 2%. This comes the morning after Donald Trump met with Israeli Prime Minister, Benjamin Netanyah, telling the media that Palestinians should resettle in another country and that the U.S. will take…

Ethereum’s price has fallen and is facing resistance at $2,000 and rejection at the 21-day SMA. Ethereum price long-term analysis: bearish The largest altcoin has been trading above support at $1,750 and below resistance at $2,200 since the March 10 downtrend. Although Ether has broken through the 21-day SMA resistance, it has not been able to move above the $2,000 level. Had buyers been successful, the largest altcoin would have risen to highs of $2,400 and $2,800. Ether is holding above the $1,800 support after falling to a low of $1,883 today. On the downside, Ether will return to the…

Coinbase director Conor Grogan speculated that Kraken and its founder, Jesse Powell, may have access to Satoshi Nakamoto’s real identity due to a 2016 acquisition. This week, blockchain data provider Arkham indexed approximately 22,000 wallets believed to be controlled by the pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. While Grogan questioned the use of the Patoshi Pattern, a specific mining routine some believe Satoshi used, the Coinbase director acknowledged the merits of Arkham’s research, stating that the report provided new evidence about Bitcoin’s early activity. I went through Satoshi Nakamoto’s wallets; thread of new findings that I don’t think have been…

Since its launch less than three months ago, NEAR Intents by Near Protocol has quickly become a key player in the cross-chain ecosystem. Facilitating over $9.8 million in swap volume, it has gained strong adoption across Ethereum, NEAR, and Solana. It has seen significant weekly activity and growing transaction volume. NEAR Intents Grows Strong with $9.8M in Cross-Chain Swap Volume Since its initial release fewer than three months ago, NEAR Intents received speedy uptake. This led to strong adoption across cross-chain swaps. The platform now supports 12.1k swaps throughout 1.3k different addresses, which illustrates escalating user interest in its services.…