Author: NBTC
The cryptocurrency market has experienced a sharp decline, losing $180 million in value in the last 24 hours, falling 6% to $2.62 trillion. The decline comes in response to sweeping global tariffs announced by US President Donald Trump, which analysts warn could have significant impacts on the crypto industry. The new tariffs, announced on Wednesday, which Trump dubbed “Liberation Day,” target a range of sectors including Chinese goods and European exports. Analysts believe the move could escalate trade tensions and disrupt global markets. Tariffs for the crypto industry present new risks, particularly for blockchain developers, mining operations, and liquidity providers.…
MANTRA, a layer 1 blockchain for real world assets, has integrated blockchain analytics and crypto assets compliance firm Elliptic, a move that expands L1’s reach to over 500 financial institutions. The platforms shared the news in an announcement on April 2. MANTRA (OM) plans to tap into Elliptic’s suite of infrastructure products to expand its products and services, with a focus on bridging traditional finance and decentralized finance. The news, together with a significant $132 million OM token burn, has the MANTRA community excited. Elliptic integrates MANTRA, aiding RWA platform’s institutional appeal According to a press release, Elliptic has added…
Ripple executives are calling on the U.K. government to step up cryptocurrency regulation, warning that delays could leave the country lagging behind the European Union and the United States in the fast-growing digital asset sector. At the Ripple London Policy Summit this week, Ripple’s European Policy Director Matthew Osborne said new laws were essential to position the UK as a leading hub for blockchain innovation. Osborne highlighted the financial sector’s significant contribution of £208 billion to the UK economy by 2023, and expressed the urgency for regulatory clarity. “Time is of the essence to show that the UK is open…
Airdrops are a popular marketing tactic used by blockchain projects to reward early adopters, attract new users, and promote their tokens. By participating in airdrops, you can get free tokens just by completing simple tasks like following the project on social media or joining their Telegram group. In this guide, we’ll cover everything you need to know about the best crypto airdrops, including how they work, how to participate, and where to find them. Here are thebest crypto airdrops available in 2025: Nexus – Layer 1 blockchain designed to support mass adoption Sonus – A liquidity hub for the Soneium…
Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences of American banks and the final stablecoin regulations in the country. Itaú Unibanco Talks in-House Stablecoin, Regulation in Brazil Banks from all over the world are eyeing stablecoins and how these new assets can fit into their business model. Itaú Unibanco, the largest bank in Brazil and Latam, recently floated the possibility of issuing an in-house stablecoin to serve its over 55 million customers. Guto Antunes, head of digital assets at Itaú declared that this interest has surged…
Bitcoin (BTC) is hovering near the $80,000 level despite a sharp drop of over 5% following US President Donald Trump’s latest tariff announcement that sent global markets into turmoil. BTC’s price action continues to contradict the narrative that it provides a reliable hedge against economic uncertainty. While some investors view BTC as a store of value, its recent movements suggest a complex relationship with traditional markets. “This moment feels like a turning point,” said Joel Kruger, chief market strategist at LMAX Group. “We see market participants increasingly drawn to BTC as a store of value and an attractive diversification tool…
In the fast-paced world of cryptocurrency, even stablecoins can experience turbulence. Recently, sUSD depeg, the stablecoin within the Synthetix ecosystem, witnessed an 8% dip, causing ripples of concern across the crypto community. But fear not, because Synthetix founder Kain Warwick stepped in to shed light on the situation. Let’s dive deep into his explanation and understand what’s really happening with sUSD and the broader Synthetix network. Understanding the sUSD Depeg: Kain Warwick’s Insightful Explanation Kain Warwick, the visionary founder of Synthetix, took to X (formerly Twitter) to address the elephant in the room – the sudden sUSD depeg. His message…
HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong Kong-based fiduciary, holding press conferences over allegations of fund misappropriation involving Techteryx’s TrueUSD reserves. Sun doubled down on claims that TrueUSD’s reserves were “misappropriated by a few bad actors,” leading to him needing to quietly bail out the stablecoin. 🚨I’m exposing a major international financial fraud involving traditional financial institutions and Web3 platforms in Hong Kong.—LIVE NOW. https://t.co/wmCpV7sIcI — H.E. Justin Sun 🍌 (@justinsuntron) April 3, 2025 Sun pointed a finger…
The cryptocurrency Bitcoin exhibits warning signs for a death cross which indicates potential price decreases. The Bitcoin market stands at a neutral point right now since its RSI value is at 45.93. The price area around $80,000 functions as Bitcoin’s support point yet a failure to sustain this level may lead to a market tumble towards $70,000 unless negative market forces persist. Bitcoin has experienced a significant price dip that is currently holding at $83,414.08 as the markets declined by 2.1% during the past day. The ongoing market activity is signaled by the price span from $82,277.17 to $87,790.87 during…
The NFT market is making continuous progress with considerable sales witnessed over the past week. As per the data from CryptoSlam, the top blockchains in the case of NFT activity during the past seven days include Ethereum, Polygon, and Bitcoin. Additionally, the top-10 list also includes Mythos, Solana, Immutable, Base, Arbitrum, BNB Chain, and Blast. Ethereum Leads Top Blockchains Based on Weekly NFT Activity Ethereum stays atop the top blockchains when it comes to NFT activity. It witnessed a dip of 22.02% decrease in its sales volume this week. Even then, its NFT sales volume stands at up to $24,528,941.…