Author: NBTC
After Three Arrows Capital (3AC) accused FTX of wrongfully liquidating $1.53 billion in assets, Binance co-founder Changpeng Zhao has now questioned FTX’s role in the 2022 LUNA/UST crash. Interesting turn of events. I didn’t know this before, but not surprised either as they (FTX/3AC) were “close”.I am curious if FTX had anything to do with the LUNA/UST crash/depeg in May 2022? https://t.co/oubjKHvfMC — CZ 🔶 BNB (@cz_binance) March 14, 2025 Binance co-founder Changpeng Zhao (CZ) weighed in, expressing curiosity about the LUNA/UST crash and its potential connection to FTX and 3AC, given their close relationship. The former Binance CEO stated…
Finally, the Fear and Greed index for Bitcoin reached a neutral point, effectively resetting. The change in the index’s behavior might improve the short-term outlook for the digital and open up a way to $100,000. The sentiment on the market is getting better, but if it falls further, it might not benefit the bullish momentum. The stabilization close to neutral indicates that traders are hesitating and cautious about what will happen with Bitcoin next. Given that Bitcoin is still trading in a sideways consolidation range between $92,500 and $107,000, this lack of strong sentiment in either direction is consistent with…
Ethereum has cracked below a key support level of $2,200, reinforcing the bearish mood and triggering warnings of a potential drop to $1,250. Ali Martinez, a well-known analyst, highlights that Ethereum’s breakdown from a parallel channel signals a potential decline to $1,250 if downward momentum persists. Following Ethereum’s fall to $1,840, analysts have identified crucial support zones at $1,640 and $1,250. If the selling pressure doesn’t let up, ETH could plummet further toward that $1,250 target, a level that aligns with historical support and Fibonacci retracement levels. #Ethereum $ETH targets $1,250 after breaking out from this parallel channel! pic.twitter.com/XS3N9p8Unr —…
As a lawyer (not yours), I spend a good chunk of my time explaining to businesses why they need to pour half their budget into compliance instead of, you know, actually building something useful. But even in the bureaucratic maze I call my profession, few things have been as spectacularly counterproductive as the UK’s Financial Conduct Authority (FCA) and its financial promotion (finprom) rules for crypto. The following opinion editorial was written by Joseph Collement, Chief Legal Officer at Bitcoin.com. These rules, introduced in October 2023, were supposed to protect consumers from misleading crypto advertisements. Sounds noble, right? In practice,…
MoonPay has received a Money Transmitter License from the Wisconsin Department of Financial Institutions. This license allows the company to expand its services in the state, according to a press release shared with crypto.news. This means that Wisconsin residents can now use MoonPay Balance to deposit funds for fee-free purchases, excluding ecosystem and network fees. Wisconsin, the 20th most populous U.S. state, has shown increasing interest in crypto. Last year, it became the first state government to buy Bitcoin. The addition of Wisconsin brings MoonPay’s total MTL count to 46, reflecting its push for regulatory approvals across the U.S. “With…
Recently, Bitcoin’s (BTC) price action has placed the asset in an established range. The leading cryptocurrency has maintained the $91,000-$102,000 even amid sustained geopolitical tensions. This consolidation phase has now extended over 81 days, keeping its price stagnant despite periods of volatility. While BTC continues to consolidate, analysts at the crypto exchange Bitfinex have identified a bearish signal that suggests the cryptocurrency could see more downside in the coming weeks. BTC in Prolonged Consolidation Phase The ongoing trade tensions have led to an overall decline in volatility, with bitcoin’s weekly performance recording only a 4.3% peak-to-trough movement and closing with…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The move to replace Holesky with Hoodi as Pectra’s main testing grounds was one of four options debated on Thursday’s All-Core Developers call. Some protocol teams specifically related to staking infrastructure lobbied for a quicker, but riskier option, and were effectively overruled by core devs. With Holesky hobbled by a validator exit queue of over a million — which could take more than a year to clear — developers had to find an alternative test environment for Pectra, particularly for exit-related features. Four options were considered: Option…
Argentine President Javier Milei has reignited the LIBRA token controversy by reposting a tutorial on purchasing the LIBRA token on the social platform X (formerly Twitter). This comes after he previously retracted his promotion of the token following insiders cashing out over $100 million. President Milei Reposts LIBRA Purchase Tutorial Earlier, Milei claimed he was unaware of the project’s details and deleted his initial post after learning more. Despite his prior withdrawal, Milei reposted a tutorial from an X user. The tutorial outlined five steps to purchase the LIBRA token. Moreover, it mentioned that the process would take about 2…
Trump reportedly eyeing stake in Binance.US There are rumors that the Trump family is in talks to acquire a stake in Binance.US, the American arm of the global digital currency exchange Binance. But beneath the surface, this potential deal appears to be more than just a business transaction—it could have significant political and personal motivations behind it. According to reports, Binance’s majority owner and former CEO, Changpeng Zhao, has been seeking a presidential pardon. This raises questions about whether the Trump family’s proposed stake in Binance.US is part of a broader negotiation to secure that pardon. From Trump’s perspective, a…
A whale’s 50x leveraged ETH trade exposed risk flaws in Hyperliquid, sparking debate on leverage limits in decentralized exchanges. Lowering leverage helps but isn’t foolproof—traders can still bypass limits without KYC, raising concerns about sustainable DEX risk control. Adopting dynamic risk limits and improved liquidation mechanics may help, but each step makes DEXs more like centralized exchanges. A massive Ethereum liquidation on Hyperliquid has reignited discussions about leverage and risk management in decentralized exchanges (DEXs). Ben Zhou, CEO of Bybit, shared insights on the incident, highlighting the challenges DEXs face in balancing leverage offerings and risk controls. Folks are asking…