Author: NBTC
Ethereum is facing heavy whale sell-offs and a decline in stablecoin supply. Several technical indicators suggest bearish pressure, and analysts have identified $1,546 as the key support level. Ethereum’s price is supposedly inflated, and some believe its value can only be maintained if it is used for stablecoins and real-world assets. Ethereum (ETH) is under considerable pressure following the latest bullish whale activities that have escalated sell-offs in the market. Recent wallet data from LookOnChain reveals that a newly formed wallet recently withdrew 3,000 ETH, worth $4.92 million, from Kraken and deposited the same back to Aave and Compound protocols…
Chiliz has emerged as a key platform for blockchain-based fan engagement. It offers a unique mix of digital innovation and real-world team influence through its Socios platform. With over 70 official fan tokens launched and a community exceeding 2 million users, the project pioneers fan interaction across football, Formula One, UFC, and other sports. Previously, accessing high-value sports collectibles often meant high prices, like rare Lionel Messi NFTs or digital cards of iconic moments. Chiliz aims to offer fans a different path. It allows them to gain influence or participate more directly with their favorite teams through fan tokens, distinct…
Binance, the world’s largest cryptocurrency exchange, asks its users which altcoins can be listed and delisted with its newly implemented “vote to list” and “vote to delist” voting methods. Binance either delists or lists some altcoins determined as a result of these votes. At this point, Binance announced the second group of altcoins for the vote to delist a few days ago. The inclusion of privacy-focused cryptocurrencies ZCash (ZEC) among these altcoins garnered a great reaction from the community. ZCash founder Zooko Wilcox reacted to Binance’s decision, calling the move a censorship tool against privacy-focused cryptocurrencies. Zooko Wilcox tagged Binance…
The escalating trade war has hit both Bitcoin and stocks, as traders reassess risk assets and turn to gold. The crypto market cap has lost $1 trillion over the fears of a US trade war, as traders sold Bitcoin (BTC) and turned to gold (gold). According to the latest Binance report, escalating US tariffs are spiking fears in both crypto and the stock market. Notably, the Donald Trump administration has announced a 10% blanket tariff, effective April 5, on all countries. Several jurisdictions will see even higher rates, including a 34% tariff on China, a 20% tariff on the EU,…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -4.15% today against the US Dollar Ethereum is currently trading 8.75% above our prediction on Apr 20, 2025 Ethereum dropped -17.77% in the last month and is down -48.50% since 1 year ago ETH price is expected to drop by -9.51% in…
Cryptocurrency exchange OKX has relaunched its U.S. operations just weeks after settling legal issues with federal authorities. The company has now rolled out a new centralized trading platform and a self-custody Web3 wallet for US users, appointed a new regional CEO, and opened its American headquarters in San Jose, California. This US market re-entry follows OKX’s February 2025 agreement to pay over $504 million in penalties. That settlement stemmed from a guilty plea related to previous unlicensed operations in the US, where the Department of Justice stated the exchange handled over $1 trillion in US customer transactions without proper authorization.…
Here is why Bitcoin could see a slight recovery as open interest recovers despite recent price declines. In the past 12 hours, panic selling triggered by growing economic fears surrounding President Trump’s controversial tariffs has sharply impacted Bitcoin (BTC) and altcoins. As the market reacts to these developments, Bitcoin’s market cap has dropped to $1.5 trillion, despite a slight recovery in its price to $77,000. Meanwhile, Bitcoin’s dominance in the market has surged to 60.7%, leaving altcoins facing more severe losses. BTC Futures Market Experiences Declining Interest The futures market has also felt the strain of Bitcoin’s price fluctuations. Data…
With Ethereum’s (ETH) price weak near $1,575, long-term holders are actively chasing yield, putting funds into DeFi vaults. The latest analysis has flagged platforms offering high Annual Percentage Yields (APYs), some reaching 20%, on various ETH assets. Top 5 High-Yield Ethereum Vaults from the Largest On-Chain Capital Allocators by TVLWith Ethereum’s price on the decline, many long-term holders are seeking ways to extract additional value from their holdings. We analyzed the top five on-chain capital allocators by total value… pic.twitter.com/k8156dFKIF — CryptoRank.io (@CryptoRank_io) April 15, 2025 Where Are ETH Holders Finding High Yields Now? Blockchain intelligence platform CryptoRank.io highlighted the…
MUFG is finalizing Japan’s first fully regulated stablecoin built on the Progmat Coin platform. Japanese regulators plan to legally recognize crypto assets like Bitcoin as financial products. Mitsubishi UFJ Trust and Banking Corporation (MUFG) is preparing to make history in Japan’s digital finance world. The country’s largest trust bank has now entered the final phase before officially launching the first stablecoin that fully complies with local regulations. The stablecoin will be pegged to the Japanese yen (JPY) and built on the Progmat Coin platform, a digital infrastructure system specifically designed to allow licensed financial institutions to issue and manage stablecoins…
Coinbase’s Layer 2 network, Base, is facing intense scrutiny after what appears to be a major pump and dump—one that it inadvertently helped fuel. The project’s official Twitter account publicly promoted a meme coin titled “Base is for everyone.” This triggered a speculative surge, driving the token’s market cap to an estimated $15 to $20 million within hours of launch. The token quickly plummeted near zero in mutes. Did Base Just Help Fuel a Pump and Dump? Base’s tweet, which featured promotional imagery and direct links to the meme coin on Zora, created the perception of legitimacy. Traders piled in,…