Author: NBTC
Delhi court urges CBI involvement in $235M (₹2,000 crore) WazirX hack with international ties. Key accused SK Masud Alam allegedly accessed accounts using fake identity “Souvik Mondal.” Judge suspects global syndicate involvement, cites need for deeper national-level investigation authority. CBI yet to take over, while Alam’s bail hearing rescheduled for May 19 decision. A major crypto fraud linked to one of India’s biggest crypto exchanges, WazirX, is now drawing attention at the national level. The Delhi court suggested that the Central Bureau of Investigation (CBI) may need to take over the probe. The case, which involves a massive $235 million…
When Galaxy Digital (GLXY) CEO Mike Novogratz bought Argos’ Helios data center in late 2022, at the depths of the post-FTX crypto winter, the company thought they were bailing out a desperate bitcoin (BTC) miner on the brink of bankruptcy. This, however, was before ChatGPT had become mainstream. Novogratz and co. had no idea that this data center would be a strategic asset as the growing Artificial Intelligence (AI) industry clamours for more data center space, thanks to the explosive growth of Large Language Models (LLMs). As analysts from Rittenhouse Research outlined in a new note, Galaxy’s lucky find, which…
Gold prices extended gains and Bitcoin hovered near February highs on Tuesday as investors positioned ahead of the Federal Reserve’s policy announcement and digested fresh geopolitical and trade-related risks. The Federal Open Market Committee is expected to hold interest rates steady at 4.25% to 4.50% when it concludes its two-day meeting Wednesday afternoon, U.S. time. Chair Jerome Powell will deliver remarks shortly afterward, with markets watching for any shifts in tone following recent signs of persistent inflation and softening consumer demand. Ahead of the decision, spot gold rose 0.7% to $3,357 per ounce, buoyed by safe-haven demand, data shows. Bitcoin…
Just hours ago, a crypto whale scooped up 10,000 ETH worth over $25.32 million on Gemini. While retail investors panic during price drops, the big players are clearly playing the long game. So, should you follow their lead or sit this one out? Let’s break it down. Ethereum Price Analysis – What’s Happening Right Now? Current ETH Price: $2,480.37 24h Change: +5.44% Market Cap: $299.45 Billion 24h Trading Volume: $21.56 Billion Circulating Supply: 120.72 Million ETH Despite a recent dip, Ethereum remains one of the most actively traded and held crypto assets globally. With whales accumulating, the big question is…
The Wyoming Stable Token Commission has partnered with analytics provider Inca Digital to help the Commission monitor and mitigate fraud risks and keep the Wyoming Stable Token (WYST) secure as it nears its launch date, it said in a statement on Monday. Inca will deliver advanced analytics, cross-market oversight and help the Commission detect any threats that the WYST could face, the company said in a press release. The WYST is set to be the first fully-reserved, fiat-backed stable token issued by a U.S. public entity. Wyoming Governor Mark Gordon said in March that the stable token’s testing phase will…
BOOP, the latest meme coin on Solana, quickly surpassed a $500 million market cap just hours after its launch on May 1, 2025, drawing intense interest from the crypto community. However, behind the explosive price surge lie significant risks tied to volatility, regulatory pressure, and the long-term sustainability of the Boop.fun ecosystem that investors must carefully consider. The Surge of BOOP and Boop.fun on the Solana Ecosystem BOOP, the token of the meme coin launch platform Boop.fun on Solana. It has sparked a frenzy as its market capitalization soared past $500 million shortly after its launch on May 1, 2025,…
Bitcoin price started a downside correction and tested the $94,000 zone. BTC is again rising and might aim for a move toward the $98,000 resistance. Bitcoin started a decent increase above the $95,500 resistance zone. The price is trading above $95,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $94,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $97,750 zone. Bitcoin Price Bounces Back Bitcoin price started a downside correction below the $95,500 support…
Michaël van de Poppe, a well-known cryptocurrency analyst, shared a bullish outlook on Ethereum (ETH) in a post on X dated May 17, 2025. He claimed that any ETH price under $2,400 is a “steal” following the recent surge, suggesting Ethereum could continue its upward trajectory. His post included a chart showing Ethereum’s sharp rebound after bottoming out below $2,000 earlier. Chart Shows ETH High Support and Key Resistance Zones The TradingView chart shared by Van de Poppe illustrates Ethereum’s price action against Tether (USDT) on the Binance exchange. It shows ETH rallied sharply in early May 2025 after a…
Andrew Peel has left his role as Morgan Stanley’s (MS) head of digital asset markets to launch a crypto investment and tech firm in Zug, Switzerland, Bloomberg reported Tuesday. The venture will focus on tokenized funds and trading tools bridging traditional finance and DeFi, according to Bloomberg. Peel, a former Credit Suisse trader who joined Morgan Stanley in 2018, stepped down in March and plans to start fundraising soon, according to the story. His exit comes as Morgan Stanley readies retail crypto trading on E*Trade next year, according to a report earlier this month, expanding beyond the bitcoin fund access…
Cardano, the ninth largest cryptocurrency by market valuation, is currently at a pivotal moment, according to Tim Harrison, Input Output EVP Community & Ecosystem. As Cardano governance gains traction, Harrison reveals a hidden hurdle. According to the top executive, who has been deeply involved with Cardano since 2019, Cardano faces a “marketing problem.” In a recent post, Harrison explained this “marketing problem” as an inability of Cardano to communicate its value effectively to the broader world: “We’ve built something real here, something principled. But if no one knows what we’ve built or why it matters, we’ve got a problem.” The…