Author: NBTC

Bitcoin briefly joined the sell-off in global markets due to rising recession fears related to escalating customs duties, falling sharply to $74,000 today before rising above $78,000. “Today’s relief rally lifted Bitcoin, sending prices above $78,000 as traders deployed the cash they had been putting away,” said David Hernandez, cryptocurrency investment expert at 21Shares. “Uniquely, as seen over the last few sessions, BTC tends to join the broader market rally but does not always crash at the same time as traditional assets.” Despite its relative strength over the past week, when stocks and even gold fell, Bitcoin’s brief slump underscores…

Ethereum ETFs remained completely stagnant, while spot Bitcoin ETFs saw a solid net inflow of $108 million led by BlackRock’s IBIT ETF with $80.96 million. Despite the fluctuations on the market, all nine spot Ethereum ETFs reported zero net flows, indicating a lack of investor confidence or engagement. There is no more pronounced difference between the activity of Ethereum ETFs and Bitcoin ETFs. Even though the market is starting to recover, Ethereum is still being overlooked because companies like Fidelity VanEck and Grayscale are witnessing ongoing capital movement in Bitcoin-related products. Even though Ethereum has been the second-largest cryptocurrency for…

Optimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard and MIT to jump from the world of academia into the commercial crypto arena. The seed round was led by 1kx with participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others. Optimum is building what it calls the missing memory layer of blockchains, making the way data is stored, accessed and propagated, faster, cheaper and truly decentralized, according to a press release. At the…

An analyst has tipped XRP for greatness as he discloses that several financial institutions are testing the asset for cross-border payments. However, the overall impact on the price has been dismissed by a user who argues that utility and adoption have no influence on the market. XRP emerged as one of the major topics of discussion on social media on March 26, when a popular business leader and financial strategist, Jake Claver, highlighted its fast adoption rate. According to the post reviewed by CNF, several major financial institutions are currently testing XRP for real-time payments. However, Claver did not name…

Binance Coin (BNB), one of the largest altcoins, has recently shown significant market resilience compared to other altcoins. While BNB attracts attention with its durability, it is preparing to be listed on Kraken, one of the longest-running cryptocurrency exchanges. At this point, BNB Chain announced that BNB from account X will be listed on Kraken and trading will begin at 14:00 UTC on April 22. Accordingly, Kraken will support four trading pairs for BNB: BNB/EUR, BNB/USD, BNB/USDC, and BNB/USDT. While some users were surprised that Kraken had not listed BNB, which is among the fifth largest cryptocurrencies by market value,…

Bitcoin’s price may be hovering close to a five-month low, but U.S. President Donald Trump’s tariffs have hit the country’s largest tech companies harder. Since Nov. 5, the largest cryptocurrency by market value has strengthened against the “Magnificent Seven,” a group of Nasdaq firms including top tech names like Apple, Nvidia, and Tesla. On Monday, one Bitcoin was worth around 1,993 shares of the Roundhill Magnificent Seven ETF (MAGS), which offers equal weight exposure to the group of tech firms. A year ago, one Bitcoin could’ve bought 1,756 of the exchange-traded fund’s shares, when it was worth $69,000. On Friday,…

Ethereum reached a notable milestone earlier this month when the US Securities and Exchange Commission (SEC) approved options trading for several spot exchange-traded funds (ETFs). The move is expected to increase liquidity, attract interest from institutional investors, and solidify Ethereum’s position as a major cryptocurrency. Yet Ethereum’s smaller market cap relative to Bitcoin means it is also vulnerable to gamma squeezes, thereby increasing investor risks. BeInCrypto consulted an expert in derivatives trading and representatives from FalconX, BingX, Komodo Platform, and Gravity to analyze the potential impact of this new characteristic. Ethereum ETF Options Gain SEC Approval The Ethereum community rejoiced…

Strategy (formerly MicroStrategy), the poster child of corporate BTC accumulation, has just added another 3,459 BTC ($285.8 million) to its reserves, bringing its total now to a staggering 531,644 BTC, worth over $35.9 billion, noted blockchain analysis platform Lookonchain. MicroStrategy(@Strategy) bought another 3,459 $BTC($285.8M) at an average price of $82,618 last week.#Strategy currently holds 531,644 $BTC($35.92B), with an average buying price of $67,556.https://t.co/KSIEmEnUzJ pic.twitter.com/siFIoASRXk — Lookonchain (@lookonchain) April 14, 2025 How Leveraged is Strategy Inc After the Latest Bitcoin Buy? While the online rumor mill churns about Strategy being dangerously leveraged, data suggests otherwise. A breakdown of Strategy’s BTC Leverage…

The European Union’s first united framework to regulate crypto assets, Markets in Crypto-Assets (MiCA) is taking shape rapidly. MiCA is now the law of the land across all 27 EU countries. It means that all the exchanges, stablecoin issuers, and token platforms have to follow the same playbook. It’s been 100 days since MiCA’s full application kicked in and only 11 stablecoin issuers have bagged the approval. The cumulative stablecoin market is inching toward the $250 billion mark and Tether remains at the top of that tally. Germany dominates in MiCA application Patrick Hansen, Senior Director of EU Strategy and…

Kraken, one of the world’s largest cryptocurrency exchanges, is restructuring its workforce by eliminating certain positions and merging teams where there is overlap. At the same time, the company is still hiring in critical areas, according to a spokesperson. The company regularly assesses its staffing to ensure it supports its strategic goals. The staff reductions affect all company areas and are part of an ongoing restructuring process that started late last year. This comes after the U.S. Securities and Exchange Commission dismissed a civil lawsuit in March, which had accused Kraken of operating illegally as an unregistered securities exchange. Trump’s…