Author: NBTC
In no surprise given the lame crypto price action in the first quarter of 2025, BlackRock (BLK) posted a sizable slump in net inflows into its spot bitcoin (BTC) and ether (ETH) ETFs. In all, investors put $3 billion into BlackRock’s digital asset-focused ETFs in the first three months of the year, according to the company’s first quarter earning report. That’s an 83% drop from what was a big inflow number in the fourth quarter as prices and sentiment shot higher alongside the Trump election victory. Taken alone, the first quarter number still signals strong demand for crypto-linked funds, even…
Grayscale, a leading digital asset manager, has revealed the latest update to its “Assets Under Consideration” list for the second quarter of 2025. The list includes a diverse array of altcoins that could likely shape the firm’s future offerings. Grayscale Removes Kaspa and Other Key Altcoins in Q2 2025 Update In this latest iteration, Grayscale’s “Assets Under Consideration” list features 40 altcoins. The update indeed marks a significant overhaul of the firm’s January 2025 list, which had 39 assets. Previously, 35 assets were included in the October 2024 version. “We’re excited to share this list of assets under consideration for…
The world of cryptocurrencies is witnessing a significant turning point with the official launch of Babylon Genesis, the second phase of the three-part rollout of the staking Bitcoin Babylon protocol. Announced on Thursday, this step represents a crucial evolution for the entire blockchain ecosystem, introducing an innovative way to put one’s bitcoin to work while simultaneously strengthening the security of decentralized applications. Babylon, launched for the first time in August 2023, has already secured a prominent position in the crypto landscape, accumulating over 57,000 BTC in total value locked, equivalent to more than 4 billion dollars. The protocol stands out…
Crypto-backed loan provider APX Lending has secured a $20 million accordion facility from Cypress Hills, a private credit investment firm. An accordion facility is a provision that allows a borrower to increase their borrowing without renegotiating the entire agreement. In effect, it expands like an accordion. Toronto-based APX, which offers lending with digital assets as collateral, plans to use the facility to accelerate its expansion in Canada to meet rising demands for crypto-backed loans, according to an emailed announcement shared with CoinDesk on Friday. “This accordion facility from Cypress Hills marks a major step forward in our mission to make…
Official marketing expert of the SHIB team known under the pseudonym Lucie has addressed the SHIB army with a warning, explaining how things stand in the crypto space and how to avoid getting scammed. She described a typical mistake, which if made, already means that “you’re already one step away from being scammed.” She also elaborated on how crypto can empower its users who approach this space in the right way. “You’re one step away from being scammed” Lucie stressed the importance of independent thinking and decision-making when dealing with crypto. The danger comes, she believes, when users thing someone…
Bitcoin could keep sliding as cooler-than-expected U.S. inflation data has sparked fears that President Trump might go harder on tariffs, a move that could actually bring inflation back up in the long run. On Friday, Bitcoin (BTC) dropped below $80,000 and was still down about 1.6% over the last 24 hours at press time. This came even as the U.S. Consumer Price Index (CPI) for March showed inflation falling to 2.4%, down from 2.8% in February and slightly better than the 2.5% forecasted by analysts. The CPI, released monthly by the U.S. Bureau of Labor Statistics, is a key inflation…
Cryptocurrency analysis firm MakroVision has shared its latest assessment of the current technical outlook of Ethereum (ETH). The report noted that ETH tested key liquidity zones by dipping below the $1,730 level, but technical indicators are showing initial signs of recovery. According to MakroVision, the Relative Strength Index (RSI) is currently in extremely oversold territory. It was recalled that similar levels were last reached in August of last year. In addition, the MACD and MVP indicators technically support the possibility of a recovery, with bullish divergences indicating that the downward momentum is weakening. According to the analysis, in order for…
Federal Reserve Bank of Minneapolis President Neel Kashkari said on CNBC’s “Squawk Box” that the central bank is closely watching financial markets for signals on inflation expectations and investor confidence in the U.S., amid rising bond yields and a weakening dollar. Kashkari said it is “hard to get a read of what’s happening underneath,” noting that recent market moves reflect both economic uncertainty and shifting investor sentiment toward the U.S. as a global investment destination. The Federal Reserve official acknowledged a potential uptick in short-term inflation expectations and said the central bank’s priority remains preventing those near-term concerns from embedding…
With President Trump signing on the bill cancelling the expanded IRS’ ‘Crypto Broker Rule’, an analyst believes the new conditions will help Cardano expand as a key crypto technology. In a video analysis, the analyst explained how the new law could increase Cardano’s importance and open up industry potential. Trump Signs CRYPTO Bill! CARDANO Will Unleash TRILLIONS in DeFi!Intro 00:00Trump signs first crypto bill 1:15Cardano center of something big 2:20SEC chair & Cardano 3:00Bitcoin & Cardano 3:55Ripple & Cardano 5:20Thoughts on Cardano charts 6:30Prepare for some pain 8:30 pic.twitter.com/4oR2y49jKa — Dan Gambardello (@cryptorecruitr) April 11, 2025 Related: Rep. Steil Wants…
Thailand has approved significant amendments to the digital asset and cybercrime laws to combat cybercrime and online scams. Combating Mule Accounts in the Crypto Industry The Thailand Cabinet has approved significant amendments to the Digital Asset Business Law and the Cybercrime Law, aiming to bolster the nation’s defenses against cybercrime and the use of “mule accounts” in the digital asset space. The move comes as Thailand intensifies its efforts to protect public financial transactions and combat online scams. Both laws are set to take effect upon their publication in the Government Gazette. According to a statement, the amendments seek to…