Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Analyst Says Ethereum Just Confirmed A ‘Turtle Soup’, Here’s What It Means

EthereumApr 21

The Ethereum price has followed Bitcoin’s trajectory recently, with the pump from last week eventually pushing the altcoin above $2,400. This was a welcome change for investors after a drawn-out downtrend. Now, the price has begun to stabilize, looking toward more sideways movement in the time being. This means that the Ethereum price is about to enter an important timeframe, where the decision between the bears and the bulls will eventually be made. Ethereum Price Still Chasing Liquidity According to the crypto analyst TheChartWhisperr on the TradingView website, the Ethereum price has done something important, and that is sweeping the…

Ripple CEO Heaps Praise on New SEC Head

LegalApr 21

Ripple CEO Brad Garlinghouse has heaped praise on the current U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins. He has compared the current regulatory environment under SEC Chair Paul Atkins with the hostile regime of his predecessor, Gary Gensler. The Ripple executive praised Atkins as a "model of what leadership at the SEC should look like." "The SEC’s first mission is to protect investors. Under Gary Gensler, the SEC clearly lost its way," Garlinghouse stated. "He declared war on a technology... It was an unlawful power grab...and the courts said as much." Garlinghouse concluded his statement by calling Atkins…

Charles Schwab, Who Started the Countdown for Bitcoin (BTC) and Ethereum (ETH) Trading, is Expanding His Business! Another Step Has Been Taken!

ExchangesApr 21

Charles Schwab, a leading US financial company, has announced it will expand its cryptocurrency business by publishing Bitcoin ($BTC) educational content. A direct trading service is also expected to be launched soon. Charles Schwab, one of Wall Street’s most prominent figures, recently announced plans to offer direct Bitcoin and Ethereum ($ETH) trading services within a few weeks. Related News Charles Schwab, Who Manages $12 Trillion, Finally Made the Long-Awaited Bitcoin ($BTC) and Ethereum ($ETH) Announcement! Here Are the Details These moves by the company are being interpreted as an effort to lay the groundwork for future use of the service.…

OTC Whale Loses $540K Amid KelpDAO Exploit

DeFiApr 21

An OTC whale has recently experienced notable losses due to the market uncertainty amid the exploit of the DeFi protocol KelpDAO. Particularly, the whale has incurred a $540K loss as a result of the KelpDAO $rsETH bridge hack. As per the data from Lookonchain, the exploit influenced the withdrawal flows to a significant extent. Thus, the whale witnessed huge losses in an attempt to rebalance their positions. The OTC whale who previously bought 163,405 $ETH($440M) and 4,000 $cbBTC($296M) has withdrawn 98,032 $wstETH($272M) and 3,000 $cbBTC($221.6M) from #Aave. Affected by the KelpDAO rsETH bridge exploit, he was unable to withdraw $ETH,…

Dormant Matrixport Wallet Wakes with $14.5M $ETH Transfer from OKX

EthereumApr 21

A wallet associated with Matrixport, a popular institutional crypto entity, has revived after a year-long period of inactivity. In this respect, the Matrixport wallet has received a $14.5M Ethereum ($ETH) transaction from OKX. As per the data from Arkham Intelligence, this marks one of the notable Ethereum transactions over the past weeks. Additionally, this sudden revival has gained market-wide attention because large-scale movements from such dormant crypto wallets often indicate strategic repositioning ahead of noteworthy market movements. After a year of dormancy, a wallet linked to Matrixport received 6,383 $ETH ($14.49M) from #OKX. The wallet currently holds 18,383 $ETH worth…

UK plans payments rule changes for stablecoins, tokenized deposits

LegalApr 21

The United Kingdom is revisiting its payments rulebook to support the adoption of new fintech and payment technologies such as stablecoins and tokenization. In a Tuesday announcement, HM Treasury and Economic Secretary to the Treasury Lucy Rigby said the government will consult on reforms for payment services and electronic money rules. The Treasury said the changes are meant to create a single framework for traditional and tokenized payments, including stablecoins and tokenized deposits. It also said it plans to bring forward legislation to reduce administrative burdens for companies seeking to offer stablecoin payment services. The Treasury also named former Financial…

Binance Announces It Will Also List the Altcoin Listed by Bitcoin Exchanges Upbit and Bithumb! Here Are the Details

ExchangesApr 21

Cryptocurrency exchange Binance has announced it will list the Chip (CHIP) token on its platform. According to the announcement, CHIP will be available for spot trading on April 21, 2026, at 16:30. The new listing will offer users the CHIP/USDT, CHIP/USDC, and CHIP/TRY trading pairs. Binance stated that users can begin depositing CHIP approximately one hour before trading begins, while withdrawals will be activated on April 22, 2026 at 16:30. It was also announced that the token was added to the platform without a listing fee (0 BNB). The CHIP token will operate on the Arbitrum network, and the corresponding…

Japan to test government bonds as digital collateral on Canton

BlockchainApr 21

Japan Securities Clearing Corporation (JSCC), part of Japan Exchange Group (JPX), said Monday it will launch a proof of concept with Mizuho Financial Group, Nomura Holdings and Digital Asset to test the use of Japanese government bonds as digital collateral on the Canton Network. The project will examine whether Japanese Government Bonds (JGBs) can be transferred and managed onchain while maintaining the legal status of the bonds under the Book-Entry Transfer Act and the Financial Instruments and Exchange Act. The trial will also test whether integrating existing systems with Canton’s blockchain infrastructure can support more sophisticated, real-time collateral transactions on…

How Will the Losses Be Covered? Is Aave at Risk?

DeFiApr 21

Following the security breach on KelpDAO’s rsETH bridge, Aave has released a comprehensive status update. The protocol details the technical background of the incident, its impact on Aave, and potential damage scenarios in the new report. According to the statement, service providers connected to the Aave DAO are currently evaluating potential “bad debt” scenarios that may arise in the protocol and are working in coordination with ecosystem participants to close this gap. According to the report, the attack occurred on April 18, 2026, on Kelp’s LayerZero V2-based Unichain-Ethereum rsETH route. The attacker allegedly withdrew 116,500 rsETH from the Ethereum adapter…

Ethereum Derivatives See Two Major Liquidation Events in April, Market Remains Resilient

EthereumApr 21

Ethereum derivatives experienced two synchronized liquidation waves in April, driven mainly by long position unwinds across major exchanges. Open interest dropped sharply on Gate.io (-$840M) and Binance (-$205M) during peak pressure. Despite volatility, funding rates and taker ratio recovered to neutral levels, showing the market absorbed leverage efficiently without structural breakdown. Ethereum derivatives went through two major liquidation events in April, marked by a sharp reduction in open interest across leading exchanges. The pressure was concentrated on Gate.io and Binance, where leveraged positions built during the early-month rally were rapidly unwound. Even with the size of the deleveraging, $ETH price…