Author: NBTC
Trump-linked crypto project World Liberty Financial (WLFI) has denied reports that it is selling off its ether (ETH) with the currency down 46% since Eric Trump recommended buying it. This week, crypto analytics firm Arkham showed that a wallet, possibly linked to WLFI, sold 5,471 ETH, worth roughly $8 million, when the currency’s price fell to $1,465. However, WLFI denies this. A spokesperson told CoinDesk today, “The claims that World Liberty Financial has sold any of its holdings are wholly inaccurate. WLFI has not sold any positions as currently reported. Speculation to the contrary is false.” WLFI’s ETH investments are…
The Bank of Japan is expected to cut interest rates as soon as today or tomorrow, as pressure builds from inside the country and chaos mounts globally. Inflation expectations in Japan rose again in the past three months, according to a BOJ survey published Friday, with 86.7% of households now predicting prices will go up within a year. That’s the highest number since June 2024, and it’s higher than the 85.7% figure from December. These expectations are one reason the central bank had been leaning toward more hikes, not cuts. But that’s not happening anymore—not right now. BOJ may have…
FTX and Alameda unstakes186,300 SOL worth $21.56M, sparking fears of a market sell-off. FTX still holds 5.36M SOL ($619M) in staked funds awaiting future unlocking. Adding the concern, another 73,700 SOL ($8.59M) set to unlock on May 1. As the cryptocurrency market experiences a strong bearish sentiment due to the ongoing economic turmoil, the bankrupt crypto exchange FTX continues to impact the market. In its latest move, FTX unstaked 186,300 SOL (worth $21.56 million), raising fears of a potential sell-off. To make things worse, another 73,700 SOL ($8.59 million) is set to unlock on May 1. With so much supply…
REI Network, a high-performance and Ethereum-compatible decentralized public chain framework, has forged a collaboration with TAN, an EVM-compatible L1 for fair and fast operations. The partnership aims to enhance the blockchain efficiency with the inclusion of innovation and cross-platform collaboration. The platform took to social media to reveal this endeavor. REI Network 🤝 @Hodl_TAN A new force in blockchain synergy!REI’s EVM-compatible, zero-fee framework meets TAN’s high-speed, fair-reward Layer 1. Together, we’re enabling seamless app migration, real-world scalability, and next-gen DeFi/GameFi with ultra-low costs and… pic.twitter.com/XjToXlZiyx — REI Network｜From #GXChain! (@GXChainGlobal) April 11, 2025 REI Network Collaborates with TAN to Advance…
As leading coin Bitcoin weathers one of its most bearish weeks since the start of the year, on-chain data suggests that miners have contributed significantly to the growing sell-side pressure. On-chain data reveals that miners on the Bitcoin network have ramped up their coin-selling activity, a trend that could exacerbate the downward pressure on the coin’s price. Bitcoin Bears Take Control as Miner Reserve Dips According to CryptoQuant’s data, the BTC miner reserve has steadily decreased this week. As of this writing, it stands at 1.80 million BTC, down 1% from the previous week. The BTC’s miner reserve tracks the…
In no surprise given the lame crypto price action in the first quarter of 2025, BlackRock (BLK) posted a sizable slump in net inflows into its spot bitcoin (BTC) and ether (ETH) ETFs. In all, investors put $3 billion into BlackRock’s digital asset-focused ETFs in the first three months of the year, according to the company’s first quarter earning report. That’s an 83% drop from what was a big inflow number in the fourth quarter as prices and sentiment shot higher alongside the Trump election victory. Taken alone, the first quarter number still signals strong demand for crypto-linked funds, even…
Grayscale, a leading digital asset manager, has revealed the latest update to its “Assets Under Consideration” list for the second quarter of 2025. The list includes a diverse array of altcoins that could likely shape the firm’s future offerings. Grayscale Removes Kaspa and Other Key Altcoins in Q2 2025 Update In this latest iteration, Grayscale’s “Assets Under Consideration” list features 40 altcoins. The update indeed marks a significant overhaul of the firm’s January 2025 list, which had 39 assets. Previously, 35 assets were included in the October 2024 version. “We’re excited to share this list of assets under consideration for…
The world of cryptocurrencies is witnessing a significant turning point with the official launch of Babylon Genesis, the second phase of the three-part rollout of the staking Bitcoin Babylon protocol. Announced on Thursday, this step represents a crucial evolution for the entire blockchain ecosystem, introducing an innovative way to put one’s bitcoin to work while simultaneously strengthening the security of decentralized applications. Babylon, launched for the first time in August 2023, has already secured a prominent position in the crypto landscape, accumulating over 57,000 BTC in total value locked, equivalent to more than 4 billion dollars. The protocol stands out…
Crypto-backed loan provider APX Lending has secured a $20 million accordion facility from Cypress Hills, a private credit investment firm. An accordion facility is a provision that allows a borrower to increase their borrowing without renegotiating the entire agreement. In effect, it expands like an accordion. Toronto-based APX, which offers lending with digital assets as collateral, plans to use the facility to accelerate its expansion in Canada to meet rising demands for crypto-backed loans, according to an emailed announcement shared with CoinDesk on Friday. “This accordion facility from Cypress Hills marks a major step forward in our mission to make…
Official marketing expert of the SHIB team known under the pseudonym Lucie has addressed the SHIB army with a warning, explaining how things stand in the crypto space and how to avoid getting scammed. She described a typical mistake, which if made, already means that “you’re already one step away from being scammed.” She also elaborated on how crypto can empower its users who approach this space in the right way. “You’re one step away from being scammed” Lucie stressed the importance of independent thinking and decision-making when dealing with crypto. The danger comes, she believes, when users thing someone…