Author: NBTC

An Ethereum whale conducted a $7.5M sale involving 5094 $ETH tokens at $1471 today to pay back debts at current rates based on on-chain analysis. The whale’s financial losses increased significantly after the sustained Ethereum price decline occurred within their debt repayment operations. A whale sold 5,094 $ETH($7.5M) at $1,471 today to repay the debt again.He originally borrowed 80.91M $USDT to buy 26,235 $ETH at $3,084 on July 5, 2024.On March 11, he sold 25,800 $ETH for 47.8M $USDT at $1,853 to repay part of the debt.The whale has lost ~$40M on $ETH.… pic.twitter.com/aTZMmVHVuD — Lookonchain (@lookonchain) April 9, 2025…

XRP delivers robust performance in cross-border payments and is expected to grow further due to increasing adoption and appropriate legal actions. The exceptional speed combined with the scalability of HBAR blockchain makes it an optimal choice for business adoption, which translates to financial attractiveness. The merged aspects of DeFi technology and scalability in ALGO act as a powerful investment platform because of the large-scale DeFi growth expected in 2025. Investors in cryptocurrency search for promising opportunities because the market shows continuous development with projects that promise high growth potential. Several altcoins have proven capable of delivering superior value for the…

Following the largest crypto hack in history, Bybit is slowly recovering—thanks in large part to retail investment. Crypto exchange Bybit is recovering from the largest hack in crypto history, which resulted in a $1.6 billion loss. In a research report by Block Scholes, commissioned by Bybit, the analytics firm outlined the nature of the crash and the platform’s subsequent recovery. Following the hack, Bybit’s market share dropped from 10% in January 2025 to just 4%. However, according to the report, that figure rebounded to 7% within weeks. At the same time, both trading volumes and order book depth, the quantity…

Trump’s latest tariff hikes on China may shift the global Bitcoin mining industry offshore, as domestic miners face increased premiums on hardware costs. Bitcoin (BTC) mining may soon shift further offshore as U.S. miners face rising hardware costs. On Wednesday, April 9, a new report from Hashlabs Mining CEO Jaran Mellerud highlighted the economic impact of U.S. tariffs on the domestic crypto mining industry. According to the report, these tariffs could increase mining equipment costs in the U.S. by at least 22% compared to other countries. Specifically, U.S. crypto miners rely heavily on imported hardware from Asian countries such as…

CESS, a leader in decentralized storage solutions, took part in the Blockchain Association’s Use Case Fly-In on Capitol Hill in Washington, D.C. The event brought together leading blockchain industry players to showcase real-world applications of decentralized technology to policymakers. With prominent participants like IoTeX, Consensys, Electric Coin Co, Pyth Network, and Filecoin Foundation, the seminar provided a platform for discussing how blockchain is transforming various industries. CESS took this opportunity to highlight its decentralized storage solutions, demonstrating the essential role of secure, scalable, and efficient data management in the evolving digital economy. The Significance of the Event The BA’s Blockchain…

Strategy, formerly MicroStrategy, may be preparing to offload part of its extensive Bitcoin (BTC) holdings as it faces growing financial pressures. According to a recent U.S. SEC filing, the company, led by Michael Saylor, faces a complex mix of declining Bitcoin prices, growing debt, and weakening cash flow. What Did Strategy Disclose to the SEC? In an 8-K report to the SEC, Strategy revealed it might be forced to sell Bitcoin if it cannot secure new equity or debt financing. The document noted that unfavorable market conditions could force the sale of Bitcoin below its original purchase cost for some…

This week’s tariff-inspired market meltdown has led to a rapid sell-off across crypto-assets, with BTC trading below $80K and ETH hitting a two-year low of $1,432. The decentralized finance (DeFi) sector was not entirely immune to the chaos as total value locked (TVL) slumped to its lowest point since November at $95 billion. But it wasn’t all bad news for DeFi. Amidst plunging asset prices, DeFi showed resilience with muted outflows with key usage metrics faring far better than the price of ETH, the asset that underpins much of Ethereum’s DeFi ecosystem. TVL on Aave, the largest DeFi protocol, rose…

Ethereum price started a fresh increase above the $1,600 zone. ETH is now up nearly 15% and might attempt a move above the $1,680 zone. Ethereum started a decent increase above the $1,550 and $1,600 levels. The price is trading above $1,550 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,470 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $1,680 resistance zone and might correct some gains. Ethereum Price Jumps Over 12% Ethereum price formed a base above $1,380 and started a fresh…

The United States is a world superpower, but for the first time in a long time, we can start to consider signs of slippage. The US is not just a military might; it has one of the world’s largest consumer markets, with imports that reach over $3 trillion annually. Countries hit by tariffs announced on April 2, 2025, are now scrambling to find alternatives or reduce their dependence on the US consumer markets. For example, China, which exported up to $560 billion to the US in 2024, the EU, which exported $576 billion, and Canada with its $421 billion in…

Remember the old days when calling or sending a message via text outside the country cost money? With the help of modern messaging apps like WhatsApp, paying for cross-border calls and texts is now obsolete. For money transfers, stablecoins might do just that: democratize the payments industry by eliminating historical gatekeepers, says venture firm Andreessen Horowitz (a16z). “Just as WhatsApp disrupted costly international phone calls, blockchain payments and stablecoins are transforming global money transfers,” the firm said in a blog post on Wednesday. The current global payment infrastructure is a complex web involving points of sale, payment processors, acquiring banks,…