Author: NBTC

Grayscale Ethereum Trust (ETHE) saw a 2.50% decline in market price. Fidelity’s Ethereum ETF (FETH) experienced a 2.41% drop in market price. Net inflows continued despite the market corrections in Ethereum ETFs. According to a recent update by SoSoValue tracking Ethereum exchange-traded funds (ETFs) performance as of March 31, the total net inflows for the day amounted to $6.42 million, contributing to a cumulative total of $2.42 billion. The total value traded reached $205.23 million for the day. ETHE Leads with $2.22B Despite Price Drop A deeper analysis indicates that the Grayscale Ethereum Trust (ETHE) recorded the highest net asset…

Last month, Ethereum reclaimed its title as the leading smart contract blockchain for decentralized exchange (DEX) trading, as the market swoon dampened activity on Solana, the go-to platform for memecoin traders. Ethereum-based DEXes registered an industry-leading cumulative trading volume of $64.616 billion in March, beating Solana’s tally of $52.62 billion by 22%, according to data source DefiLama. That’s the first time since September that Ethereum topped the charts, pushing Solana to the number two spot. Top blockchains by DEX trading volumes. (DefiLlama) The change in leadership happened as the total crypto market capitalization fell 4.2% to $2.63 trillion, extending February’s…

A smart whale, identified by the address “0x257,” recently made a notable transaction involving $7.96 million worth of assets. The whale’s deposit of several DeFi tokens to Binance from multiple addresses was identified by Spot On Chain data. In the deposit there were $AAVE, $LINK, $UNI and $EIGEN tokens. The largest asset in the deposit came to $AAVE. This caught the attention of crypto community because the whale decided to send these assets. More whales offloaded #DeFi tokens!8 hours ago, smart whale “0x257” deposited $7.96M worth of 4 assets, including 3 major #DeFi tokens, to #Binance:• 13,816 $AAVE ($3.54M) →…

Ethereum price has declined 40% since Eric Trump, son of U.S. President Donald Trump, promoted the crypto on social media. On February 4, he posted to his 5.7 million followers that it was a “great time” to buy Ethereum. At the time of his tweet, Ethereum traded for $2,735, having recovered from a massive drop that day that saw its price hit the $2,000 lows. In my opinion, it’s a great time to add $ETH. — Eric Trump (@EricTrump) February 3, 2025 However, the asset has since struggled, now trading at $1,869. Over the last 24 hours, Ethereum has recorded…

This is a segment from the Empire newsletter. To read full editions, subscribe. There’s a new institutional-grade DeFi yield platform in town, we’ve exclusively learned. Upshift, which aims to give retail access to yield opportunities typically available for hedge funds, is being spun out of prime brokerage firm August and is coming out of stealth. The platform already has around $250 million in deposits, the team told me. “If you look at the value prop today, DeFi’s super complicated,” Upshift CEO and August co-founder Alexandre Elkrief explained to me. “It’s across three main axes: It’s fragmented, it’s hard to access,…

In line with the latest crypto market statistics, the stablecoin market witnessed a stunning rise in volume. As per ARK Invest, the cumulative stablecoin transfer volume touched $15.6T during 2024, exceeding the volume of the top conventional financial players, indicating a growth in worldwide confidence in stablecoins. On its official web portal, the platform shared the data about the rising stablecoin transaction volume. According to ARK Invest, the transaction volume of stablecoins hit $15.6T in 2024—roughly 119% that of #Visa.Among them, the $USDT transaction volume on #TronNetwork reached $5.46T in 2024, processing 750M transfers.Measured by monthly active stablecoin addresses,… pic.twitter.com/4Wfh7jyrOJ…

Ethereum (ETH) has experienced a 18% price decline the past month. However, in the last 24 hours, ETH showed a modest 1.8% recovery attempt, climbing toward its current price near $1,843, possibly a bullish outlook for ETH price in April. While Ethereum co-founder Vitalik Buterin continues his philanthropic donations—reportedly sending over $1 million worth of ETH recently to projects including Railgun and Zuitzerland—overall market sentiment for ETH currently remains cautious based on technical indicators. Buterin Plays VC Blockchain analysis platform Spot On Chain provided details on recent Buterin transfers. He’d sent 274.1 ETH (worth ~$500K) described as a “donation or…

El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment? Table of Contents The curious case of El Salvador What are the results of the El Salvador Bitcoin experiment? How did the El Salvador Bitcoin experiment end? The curious case of El Salvador The 2021 law in El Salvador made Bitcoin (BTC) legal tender, meaning it became not just legal but mandatory for transactions. Merchants were required to accept Bitcoin, and the…

Mosaic Alpha, a decentralized crypto investment platform, has launched the Basket Manager Combine competition aimed at crypto influencers, managers, and investors, as reported to Finbold on Tuesday, April 1. As its name suggests, the event invites participants to create and manage token baskets and potentially win a share of more than $30,000 in rewards. The Basket Manager Combine competition will run from April 1 to June 30, 2025. DeFi token baskets In decentralized finance (DeFi), a token basket is a portfolio that combines multiple cryptocurrencies into one tradable asset. Each investor’s basket can be tracked, shared, and followed by other…

Onchain data reveals how a group of alleged insiders raked in profits after selling $10.2 million worth of the Venice token immediately after it launched. Venice Insiders Accused of Dumping Over $10M Worth of Tokens Amir Ormu, an onchain analyst with crypto marketing firm Castle Labs revealed that insiders at crypto artificial intelligence (AI) startup Venice, founded by bitcoin entrepreneur Erik Voorhees, dumped $10.2 million worth of the platform’s Venice token (VVV) right after the cryptocurrency launched last week Monday. The company touts itself as a privacy-focused, uncensored AI chatbot, powered by open-source large language models (LLMs) such as Llama…