Author: NBTC
Global asset manager BlackRock has warned that financial markets are pricing in too many rate cuts by the Federal Reserve and underestimating the threat of persistent inflation. In a recent report, the firm said expectations of four to five 25 basis point rate cuts this year appear excessive. “We believe markets are underestimating inflationary pressures, particularly from new tariffs and loose fiscal policies globally,” BlackRock said. “These factors are likely to keep global borrowing costs higher than pre-pandemic.” Pointing to the new wave of tariffs proposed in the US and expected retaliatory measures from other countries, the firm argued that…
The Cartesi Foundation, known for bridging software stack and blockchain, is reportedly all set to spend $500,000 on $CTSI purchase. $CTSI is the native token of the Cartesi ecosystem and purchase will take place through a series of open-market purchases. This move is designed to underline the Foundation’s long-term commitment to the development and sustainability of its decentralized infrastructure. The Cartesi Foundation is reaffirming its long-term commitment to the ecosystem through a strategic open market purchase of at least $500,000 worth of $CTSI ⬇️ pic.twitter.com/W0EzzmaDcc — Cartesi (@cartesiproject) April 8, 2025 The acquisition is subject to prevailing market conditions and…
After the massive “Black Monday” crash that sent Bitcoin prices below $75,000, the world’s largest cryptocurrency has made a partial recovery. At the time of writing, the BTC price is trading at around $78,568. However, on the Ethereum side, the impact of the decline was more severe. ETH saw below $1,450 for the first time in a long time. So how did crypto whales trade during these declines? Here’s what whales did, according to crypto onchain data providers. According to the data, two different crypto whales purchased 15,191 ETH worth $23.94 million during today’s market bottom. The first whale has…
India and New Zealand each announced 25 basis point cuts to their key interest rates this week. Central banks of both the countries made the move aiming to stimulate economic growth as ongoing global trade tensions and demand continue to pressure their economies. These decisions respond to slowing growth, potential inflation risks, and global economic friction that have created uncertainty in financial markets worldwide. India’s Rate Cut Addresses Growth Headwinds The Reserve Bank of India (RBI) reduced its key interest rate to 6% from 6.25%. This move supports the economy, which has been facing headwinds from slower growth and inflation.…
The crypto market has gone through another shockwave recently as the bearish momentum has further deepened. As per the data from Lookonchain, crypto whales are dumping Solana ($SOL) as the bulls have witnessed another hit. The popular on-chain analytics platform disclosed this downturn in its recent X post. Whales are dumping $SOL!4W1Ree unstaked 159,028 $SOL($16.5M) and sold 60,000 $SOL($6.13M) at $102 4 hours ago.5cPair sold 89,734 $SOL($9.67M) at $108 14 hours ago.https://t.co/i2sVNng50nhttps://t.co/hJwIowTBPl pic.twitter.com/XLhXsLxHft — Lookonchain (@lookonchain) April 9, 2025 Whales Aggressively Offload $SOL, Increasing Fear Across Market Based on the latest market data, the crypto sector went through a severe…
Ethereum experienced another shockwave from its current market price. The average price that Ethereum holders purchased their coins was $2.2K according to CryptoQuant’s on-chain data and the network currently trades below this threshold. The prevailing bearish market signal indicates most investors are facing losses due to declining prices similar to earlier market corrections. ETH Next Major Support Level $1.29K“The average cost basis for Ethereum holders is $2.2K. The next major support level is around $1.29K, the average cost basis of whales holding over 100K Ethereum.” – By @MAC_D46035 Read more 👇https://t.co/Fr8wZouCXu pic.twitter.com/9DL6FqZsTv — CryptoQuant.com (@cryptoquant_com) April 7, 2025 Whales Signal…
Nouriel Roubini, the economist who predicted the 2008 global financial meltdown to earn himself the nickname Dr. Doom, warned traders against relying on the Federal Reserve for a swift resolution to the financial market instability sparked by President Donald Trump’s tariffs on international trade. A week ago, Trump announced sweeping tariffs against many nations, including a hefty levy on Chinese imports that’s now been lifted to 104%. Financial markets cratered on concerns the move will drag the U.S. and other economies into recession. The Nasdaq 100 has lost 12% and bitcoin (BTC), the largest cryptocurrency by market value, dropped 10%,…
In a move that’s sending ripples through the crypto sphere, DWF Labs, a prominent crypto market maker, has once again made headlines. This time, it’s not just a small dip into the market; it’s a significant plunge! On-chain data reveals that DWF Labs has acquired a staggering 250 million WLFI tokens. But what does this mean for the crypto market, for WLFI, and for you as an investor? Let’s dive deep into this exciting development. Why is DWF Labs’ Latest WLFI Acquisition a Big Deal? According to astute on-chain analysis by @ai_9684xtpa on X, DWF Labs’ recent purchase of 250…
Over $1 billion has been withdrawn from a major U.S. cryptocurrency exchange, Kraken, through multiple large Bitcoin transfers on April 11. Blockchain monitoring firm Whale Alert identified the mega transactions in a recent X post, as they were mysteriously executed by an unknown wallet. While the move comes amid a global crypto market resurgence that saw Bitcoin and other altcoins retrieve previous gains, it has sparked speculations that Bitcoin whales are gradually waking up to the bull call by accumulating large amounts of Bitcoin to hold. $2.4 billion Bitcoin leaves Kraken in one day According to the post, Kraken experienced…
Ethereum price faces risks amid the recent price drops affecting the markets. As the larger market experienced a downturn, ETH price saw extreme lows much like the rest of the cryptos. Most cryptocurrencies have followed BTC price making lower yearly lows. The price of Ethereum stands at $1,542.74, representing a major decrease under the $2,200 average purchase price of Ethereum holders. Many Ethereum investors face net losses because their assets have fallen beneath the buying prices, demonstrating substantial capital loss throughout the Ethereum network. Large-scale Ethereum holders with more than 100,000 tokens present an average cost basis of $1,290. This…