Author: NBTC
The market tide is changing course at the moment, with Bitcoin (BTC) whales now on a rampage. According to data from CryptoQuant, there is a significant uptick in the number of Bitcoin being stacked by large whales on the market. This move signals a return of the bullish perception around the coin, a major setup for growth. Bitcoin whales ready for price rally Per the update, large investors’ demand for Bitcoin is accelerating. The balance of wallets holding 1,000 to 10,000 Bitcoin units is rising faster than the 30-day average. According to the data analytics platform, this typically signals strong…
Ethereum price pulled back and erased some of the gains made earlier on Thursday as concerns about trade remained. Ethereum (ETH), the second top cryptocurrency, dropped to $1,560, down from the intraday high of $1,700. Other top altcoins like Zcash (ZEC), Tezos (XTZ), and EOS (EOS) also pulled back from their highest levels during the day. Bitcoin dropped from $82,000 to $80,000. Ethereum and these altcoins dropped alongside the broader stock market, with the Dow Jones and Nasdaq 100 indices falling by 950 and 650 points, respectively. The primary driver of this retreat is growing concern that the US may…
A joint study conducted by Ripple and BCG predicts the market size for tokenized assets could hit $18.9 trillion in the next eight years as major institutions flock to blockchain technology. According to a recent report titled “Approaching the Tokenization Tipping Point” published by Ripple (XRP) and Boston Consulting Group, the tokenization of real-world assets has the potential to reach new heights. The projection shows that the sector has an estimated 53% compound annual growth rate, with stablecoins and real estate contributing to most of the growth. In 2025, the market size for tokenized asset stands at $600 billion. This…
The Cardano founder has continued to reiterate the broad scale of the Midnight airdrop, recently confirming it could reach 37 million people, including XRP holders. He made the latest disclosure to the blockchain community during his keynote at the Paris Blockchain Week 2025, confirming that the upcoming Midnight airdrop will target 37 million users across multiple blockchain networks. Hoskinson: Fourth Crypto Generation Focuses on Privacy Notably, this latest comment came on Day 2 of the Paris event, where Hoskinson also presented his perspective on the ongoing evolution of the cryptocurrency industry. For context, he broke down the development of the…
Arizona is one step closer to locking in legal protections for crypto miners and blockchain node operators. On Thursday, the state legislature passed HB 2342, a bill that protects individuals who mine Bitcoin or operate blockchain nodes at home from zoning and usage restrictions imposed by cities or counties. WATCH: Arizona Senate PASSES Bitcoin mining rights bill, by a vote of 17-12 https://t.co/S8YjYoTp3C pic.twitter.com/w8E00DXnkI — Bitcoin Laws (@Bitcoin_Laws) April 10, 2025 The bill cleared the Arizona Senate in a narrow 17–12 vote and now heads to Governor Katie Hobbs for final approval. Introduced in January by Rep. Teresa Martinez (R),…
Unocoin, one of India’s longest-standing bitcoin and crypto exchanges, has announced the successful integration of the Lightning Network, a second-layer protocol designed to enable fast and low-cost bitcoin transactions. The integration is powered by Voltage, a U.S.-based infrastructure provider known for its enterprise-grade Lightning solutions. This development marks a significant step forward for bitcoin utility in India, especially in the context of rising demand for scalable and cost-effective transactions. By adopting the Lightning Network, Unocoin aims to offer its users instant bitcoin settlements and, in the near future, Tether (USDT) transfers via the same network. “We continuously seek ways to…
Ethereum has reached $1,589.29 support to test this important previously significant level. The wedge pattern in the Ethereum price charts indicates upcoming market growth while rising support meets descending resistance to limit trading movements. The market power of ETH increases as it trades above Bitcoin at 0.01943 BTC. Ethereum (ETH) is currently trading at $1,589.29, reflecting a 9.4% increase in the last 24 hours, as the asset tests a critical technical zone that has held firm since mid-2022.ETH/USDT weekly chart data shows the price positioning above its multi-month rising support line which historically initiated price upward movements in past periods…
As the tariff war between the US and China flares up day by day, the tension between the two countries has caused sharp declines in Bitcoin and altcoins. While the market expects the FED to start reducing interest rates as soon as possible in order for Bitcoin and altcoins to rise again, Wall Street giants are calling on the FED to make an urgent interest rate cut. But famed economist Nouriel Roubini, known as “Dr. Doom” for his accurate predictions about the 2008 global financial crisis, has issued a new warning for Wall Street. Roubini, who is also a professor…
Centrifuge, a prominent DeFi lending platform, has recently commenced a new partnership with Wormhole, a leading interoperability protocol. The collaboration focuses on introducing a multichain tokenization forum that will initially tokenize the $230M Janus Henderson U.S. Treasury Fund of Anemoy. The platform disclosed this partnership on its official X account. 💥 @Centrifuge and Wormhole launch multichain asset tokenization platform, starting with Anemoy’s $230M Janus Henderson Treasury FundInteroperability powered exclusively by Wormhole pic.twitter.com/ogW23q1P4C — Wormhole (@wormhole) April 9, 2025 Centrifuge Collaborates with Wormhole to Release Multichain Tokenization Ecosystem The partnership between Centrifuge and Wormhole intends to set an exclusive precedent in…
In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmakers gathered in Washington on April 9 as the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence convened its first market structure hearing of the 2025 congressional session. Led by Rep. Bryan Steil of Wisconsin, the session—titled “American Innovation and the Future of Digital Assets: Aligning the U.S. Securities Laws for the Digital Age”—sought to dissect how current regulatory ambiguities…