Author: NBTC
Over the past 24 hours, a big crypto whale has offloaded Ethereum ($ETH) in a huge amount for swaps in diverse crypto assets. As per the data from Onchain Lens, the whale has sold nearly $2.113M in $ETH to accumulate $AERO, $AIXBT, and $VIRTUAL, triggering several speculations among the crypto community members. These swaps are also significant and could raise interest in the above-mentioned crypto assets. In the past 24 hours, a whale has sold:– 1,185 $ETH for $2.113M $USDC– Swapped these $USDC for 2.92M $AERO, 3.34M $AIXBT, and 6,800 $VIRTUALFrom the $AERO, 2.44M ($1.66M) has been swapped for 996,566…
My wife was born in the United Kingdom and we’ve spent a lot of time visiting so I pay close attention to the country’s evolving stance on crypto. Now, with the UK’s draft Statutory Instrument on crypto regulation officially released, the country is positioning itself to finally act on its ambition to become a global “crypto hub.” While the headlines might sound promising, the details, and the execution, will ultimately determine whether this marks a real turning point or another missed opportunity. The United Kingdom’s cryptocurrency sector has long called for clearer, fairer regulations, and the new draft rules are…
Metaplanet Inc. Purchased additional 555 Bitcoins after raising $25 million by issuing zero-coupon bonds on May 7, 2025. These bonds were sold to EVO FUND and come with no interest. The money raised was fully used to buy more Bitcoin. Metaplanet has acquired 555 BTC for ~$53.4 million at ~$96,134 per bitcoin and has achieved BTC Yield of 136.7% YTD 2025. As of 5/7/2025, we hold 5555 $BTC acquired for ~$481.5 million at ~$86,672 per bitcoin. pic.twitter.com/XLTiVNyY81 — Simon Gerovich (@gerovich) May 7, 2025 Metaplanet Bitcoin Holdings This latest acquisition cost approximately $53.4 million at an average price of $96,134…
Ethereum has experienced a strong upward rally over the past two weeks, pushing from the $1,500s to above $2,600. However, signs of exhaustion are beginning to surface. While higher timeframes remain bullish for now, short-term caution is warranted. Technical Analysis By ShayanMarkets The Daily Chart ETH has hit a technical ceiling just under the $2,900 resistance, which aligns closely with the 200-day moving average. This zone previously acted as a major breakdown point in February and is now serving as a supply area. The RSI also recently entered overbought territory, suggesting that momentum is fading as price approaches this resistance.…
United States President Donald Trump, in a statement he made on the Truth Social platform, reiterated his call for the FED to cut interest rates. President Trump: “No inflation, gasoline, energy, groceries and almost everything is down! The Fed should lower interest rates like Europe and China. What’s going on with ‘Mr. Too Late Powell’? This is unfair at a time when America is ready to blossom!” Trump’s long-desired interest rate cut prospects have been back on the agenda with the 90-day tariff reduction agreement reached between the US and China. According to the agreement, the 145 percent tariff imposed…
Big news for anyone following the world of decentralized networks! The EOS Network is making a significant move, accelerating its highly anticipated rebrand to Vaulta. This isn’t just a name change; it signals a potential new era for the network, and things are happening faster than initially planned. What’s Happening with the EOS Network and Vaulta Rebrand? The core of the news is the acceleration of the Vaulta rebrand timeline. Originally, the deployment of the new token contract was scheduled for May 23rd. However, according to information circulating in crypto-focused channels like @twitchoong, this key step has been brought forward…
An Argentinian judge has ordered Javier Milei’s bank secrecy privileges to be revoked amidst an ongoing case probing the dealings of the president, his sister, and various “crypto bros” linked to Hayden Davis and LIBRA. Argentinian outlet Pagina 12 reported that Judge María Servini ordered Argentina’s Central Bank to lift the bank secrecy requirements on Wednesday so that transactions dating from 2023, in the bank accounts of the president and his sister, Karina Milei, can be examined. The outlet also reported that both Milei siblings skipped a mediation hearing on that day. A prosecutor summoned them to the session involving…
Today is expected to be highly volatile for the crypto market as all eyes turn to the U.S. Federal Reserve’s upcoming policy decision. The Federal Open Market Committee (FOMC) is holding its scheduled meeting on May 6–7 to assess the economic outlook and understand the future of U.S. interest rates. The FOMC, led by Chair Jerome Powell, will announce its decision at 2 PM Eastern Time on May 7 (11:30 PM IST). Initially, there were expectations of a full percentage point of cuts due to concerns over Trump tariffs. But now they expect a smaller 0.75% cut for the year.…
Starknet (STRK) just leveled up with the official launch of Stage 1. In simple terms, the network has officially hit the first stage of decentralization, according to L2BEAT. This means that users are no longer completely at the mercy of the core team. Vitalik Buterin, Ethereum co-founder, gave his approval, cementing Starknet’s status as one of the few Layer 2s he considers worth paying attention to. Buterin himself was actually part of the STRK token drop last year. He received his stash through Starknet’s LockedTokenGrant, then quietly moved over 2 million tokens from his Gnosis Safe to an unlabeled wallet…
The cryptocurrency market is facing supply-side pressure as more than $81.9 million worth of tokens are scheduled to unlock between May 5 and 11, 2025. According to blockchain analytics firm Tokenomist, ENA tops the list with the largest unlock by volume. The project will release tokens worth $55.79 million, representing 3.1% of its circulating supply. As per the data, the unlock, scheduled for May 5, makes it the most substantial single-day release of the week. The tokens are designated for both the founding team and private investors, with 6.61% of total ENA tokens being unlocked through this event. 🟣 Weekly…