Author: NBTC
Bitcoin slumped to a three-week low on Sunday as U.S. equity futures pointed sharply lower and investors digested the latest escalation in trade tensions under President Donald Trump. The largest crypto by market value fell more than 6% over the last 24 hours to $77,700, CoinGecko data shows. Ethereum is down nearly 12% to $1,575, while broader crypto markets showed similar declines, mirroring losses in risk assets globally. Meanwhile, U.S. stock futures extended their declines in early Asia hours. S&P 500 E-mini futures fell 4.3%, Dow futures lost 4%, and Nasdaq 100 futures dropped 4.6%, setting the stage for a…
The crypto market is a never-ending place. One day you’re happy with a new high, the next day you’re scared of red candles. But here’s the difference: you can still make money when the price is down. What’s the secret? Crypto staking, or as some websites are now calling it, pledging. In fact, on-chain data shows that Donald Trump’s crypto program, World Liberty, has pledged a whopping 14,701 ETH using Lido, the largest staking move of 2025. That’s over $50 million worth of Ethereum. If someone like Trump is pledging when the price is down, what’s stopping you? 1. OnStaking…
Vietnam’s Finance Minister Nguyen Van Thang met with Bybit CEO Ben Zhou on April 17 at the Ministry’s headquarters to discuss potential cooperation in the digital asset space. The meeting marked a significant step forward in fostering cooperation to build a legal framework for digital assets. It also advanced the plan to establish Vietnam’s first virtual asset exchange. Bybit and Vietnam Explore Crypto Opportunities According to the official portal of the Ministry of Finance, Ben Zhou, co-founder of Bybit, and his delegation met with leaders from various departments of the Ministry on the morning of April 17. The Ministry reported…
Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can expect per unit of computing power, denoted by per petahash (PH/s). It can be denominated in U.S. dollars or BTC, although it’s most commonly quoted in USD for practical comparison. At present, hashprice sits at $44.00 PH/s, only slightly above its August 2024 low, when bitcoin reached $49,000 amid the yen carry trade unwind. Currently, bitcoin is trading around $84,000.…
Today, while the US stocks declined by 5.98% over the past 24 hours, Bitcoin dropped by 1.10% over the period. This shows a significant difference between two asset classes. Over the past week, the US stocks saw a decrease of 9.18% compared to Bitcoin’s 0.41%. In comparison to the stock market’s fall, BTC’s relative steadiness has grabbed the attention of traders and investors. According to today’s data from crypto analyst Ultiverse, several investors across the broader investment industry are engaging in discussions about Bitcoin’s relative stability amid the current market turbulence, with some comparing it with Gold. Many people are…
The native asset of a Bitcoin (BTC)-focused decentralized finance (DeFi) project defied the crypto market doldrums and skyrocketed by more than 55% this week. Threshold Network powers tBTC, a decentralized wrapped Bitcoin that can be used throughout DeFi ecosystems. The project’s native token, T, is trading at $0.0223 at time of writing, up from $0.0143 one week ago. The 236th-ranked crypto asset by market cap is also up nearly 48% in the past 24 hours alone. T’s price surge largely materialized after Threshold Network announced on Thursday that it planned to restructure its decentralized autonomous organization (DAO) to reduce annual…
As the first quarter of 2025 approaches for Bitcoin and altcoins, customs tariffs that Donald Trump is expected to announce on April 2, Independence Day, are awaited. While Trump’s approach was critical for BTC and altcoins, cryptocurrency analysis company Santiment said in its latest post that investors showed great interest in Solana (SOL), Coti Network (COTI), Walrus (WAL) and Curve Finance (CRV) on social media. According to data from X, Reddit, Telegram, 4Chan, BitcoinTalk, and Farcaster, the cryptocurrencies with the highest increase in investor interest are as follows: Solana (SOL): Many investors are talking about the amount of liquidity in…
Singapore’s current tone of caution on crypto could limit its future competitiveness, Coinbase warned, urging a more ambitious national strategy. U.S.-based crypto exchange Coinbase has urged Singapore to take a bolder approach to digital assets, warning that the country could fall behind if it continues to view crypto mainly as a risk. In a recent blog post, Coinbase’s country director for Singapore Hassan Ahmed warned that Singapore risks losing its lead if it continues to take a cautious approach to crypto. Ahmed noted though that the country already has a strong foundation in digital finance, adding that as of 2023,…
CME’s bitcoin futures, considered a proxy for institutional activity, gapped lower Monday in a sign of bearish sentiment after President Donald Trump ruled out a trade deal with China. The futures contract due to expire on the last Friday of April began trading at $79,590, down 5.6% from Friday’s close of $84,250 and quickly descended to $76,800, CoinDesk data show. The losses came as Dow futures fell 900 points, Chinese stocks crashed, and the Japanese equity market slipped into lower circuit breakers as JPMorgan, S&P Global, and Goldman Sachs increased the probability of the U.S. falling into recession this year.…
Uniswap Labs CEO Hayden Adams has opined that Solana has a “better roadmap, team, and approach” for developing decentralized finance (DeFi) directly on the monolithic layer-1. Over the past several years, Ethereum has been focused on developing a modular rollup-centric approach. Way more activity is now happening on layer-2 networks, and some critics have argued that they are parasitic in relation to layer-1. Adams has expressed skepticism regarding abandoning years of work in this particular direction, arguing that Solana would be a better fit for running DeFi on layer-1. “You want to throw this away at the final stretch because…