Author: NBTC

On September 28, 2025, Whale Watch Perps trailed out a new trade by one of the leading Hyperliquid traders. The trader had added 20,000 worth of ETH at a price of 4,013.60. This increased their cumulative long exposure by 12.04 million. They have an average entering price of 3,924.34. Position $12.04M Position is being liquidated at $3,445.58 The post is approximately 3,068 ETH. The liquidation level is $3,445.58. This is at approximately 12.2 percent below the average entry price. It is also indicative of leverage that was probably between 5x and 10x. When ETH falls close to that point, there…

Cathie Wood’s ARK Invest stepped up its bets on crypto-related equities Friday, buying more than $23.5 million in BitMine Immersion Technologies (BMNR) and crypto exchange Bullish, the parent company of CoinDesk, across three of its actively managed ETFs. Trade disclosures show the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) collectively picked up 387,000 shares of BitMine and 144,000 shares of Bullish, worth over $23.5 million at Friday’s close. ARKK led the way, adding 257,108 BitMine shares and 81,811 Bullish shares, while ARKW and ARKF split the remainder. Along with these additions,…

US President Donald Trump, speaking on the looming budget crisis, said a government shutdown was “not inevitable” but “very likely.” Although Trump said, “We don’t want the government to shut down,” the crisis is growing due to the deep disagreement between the parties. Democrats in Congress are demanding a reversal of healthcare spending cuts made by Republicans over the summer and an extension of Obamacare subsidies expiring this year. Republican leaders are insisting on passing only the House bill that would fund the government through November 21st. Both sides blame each other for the impasse, and there is no sign…

South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have seen notable increases in trading volume over the past 24 hours. The surge in volume, particularly seen in some altcoins, suggests a surge in investor interest in these projects. According to Upbit data, Plasma (XPL) and KAITO topped the list with significant jumps in trading volume. On Bithumb, Tether (USDT) and PumpBTC (PUMP) were the standouts. A collation of trading data from both exchanges reveals strong interest from South Korean investors in both new projects and established cryptocurrencies. The altcoins with the highest volume in the last 24 hours are as…

Republic, a leading global investment platform, announced plans to tokenize Animoca Brands shares on Solana. The launch will further connect traditional finance with Animoca’s decentralized activity. Animoca Brands may soon have its shares on Solana after investment company Republic announced plans to tokenize the asset. The new drive to tokenize shares on Solana aims for a wider outreach to investors. . @joinrepublic, a leading global investment platform, today announced its plans to tokenize our equity. This initiative by Republic will provide a new avenue for global investors to gain exposure to Animoca Brands, which boasts a vast portfolio of over…

Ethereum, the second largest cryptocurrency, has returned to $4,000 following a drop in the week just concluded amid a decline in risk sentiment. At the time of writing, ETH was up 0.43% in the last 24 hours to $4,008, but down 10.07% weekly. Ethereum fell for five straight days from Sept. 20 to reach a low of $3,825, its weakest level in nearly seven weeks, before paring the drop. The major cryptocurrency rebounded to a high of $4,071 on Friday following the release of the PCE report, regarded as the Fed’s favored inflation gauge, but this traction was short-lived. This…

Spot ether exchange-traded funds (ETFs) logged their fifth straight day of outflows this week, shedding $952 million in total and over $787 million in the four-day week alone. The withdrawals followed a record-setting August when spot ether ETFs pulled in $3.87 billion even as bitcoin ETFs saw $751 million in net outflows, according to SoSoValue data. Friday accounted for the sharpest decline, with $446.71 million leaving these ETH-linked funds. Spot bitcoin ETFs, in contrast, posted $246.4 million in net inflows over the past week. The contrast is notable, as funds investing in the flagship cryptocurrency saw $751.1 million in net…

Key Highlights: With the GENIUS Act gaining bipartisan support, lawmakers are now looking at clearer tax rules for crypto. The crypto industry expressed concerns regarding issue of double taxation for digital assets. Now, they are also questioining whether staking rewards should be taxed or not. Tax reform is now in the sights of lawmakers and digital asset proponents following the recent bipartisan passage of legislation (GENIUS Act) that would give banks and nonbank firms the power to issue stablecoins. Having already reached that milestone, the next thing on the agenda in Washington is how crypto transactions are to be taxed.…

The US-based Space Exploration and Research Agency (SERA) and The Open Network (TON) Foundation have launched a new Telegram-based Mini App that will allow users to vote on who gets to fly to space aboard a Blue Origin rocket. The initiative, called Mission Control, is part of a broader effort to “democratize” space access by opening up astronaut selection to global users via onchain voting on the TON blockchain, according to a Tuesday announcement shared with Cointelegraph. According to the announcement, SERA has secured all six seats on a future Blue Origin New Shepard mission, currently scheduled for launch between…

Decentralized exchange Aster has caught traders’ attention thanks to its eye-watering 1,001x leverage options, support from Binance co-founder Changpeng “CZ” Zhao, and a soaring token.  Due to its focus on perpetual futures trading, Aster is considered a rival to Hyperliquid—which has been one of the most successful crypto projects of the year. During its first week, it flipped Hyperliquid in daily revenue but remained behind in terms of trading volume.  Thanks to its explosive start, according to CoinGecko, its Aster token surged to a $3.2 billion market cap as the 50th largest cryptocurrency by market capitalization—not bad for a week’s…