Author: NBTC

Ethereum (ETH) dipped over 7% in the last 24 hours despite Trump’s 90-day tariff pause. Key technical indicators suggest that a full trend reversal might be unlikely in the short term. The BBTrend remains strongly negative, and whale accumulation has stalled, both signaling caution. Combined with a still-bearish EMA structure, Ethereum may need a stronger wave of buying pressure before it can break out of its current downtrend. ETH BBTrend Is Strongly Negative But Bigger Than Yesterday Ethereum’s BBTrend indicator has slightly improved, currently reading -18, up from -21.59 just before Trump’s tariff pause announcement. This shift suggests that bearish…

According to Fox News correspondent Charles Gasparino, the Trump administration is preparing to take steps towards the possible delisting of Chinese public companies from US stock exchanges. According to sources, the new SEC (Securities and Exchange Commission) chairman Paul Atkins, who is expected to take office, will make this issue a priority on his agenda after officially taking office. While the possibility of delisting is being evaluated in the shadow of the ongoing trade war with China, it is stated that there is an increasing appetite in the Republican Party’s Congressional wing to remove Chinese companies from the US markets.…

Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), has fallen to its lowest in five years, continuing a months-long battle to maintain its peg at $1. The asset has faced constant volatility since early 2025. On January 1, sUSD fell to $0.96 and recovered to $0.99 in early February. The price fluctuations continued throughout February. In March, the price stabilized. On April 10, sUSD fell to a five-year low of $0.83, according to CoinGecko SUSD is a crypto-backed stablecoin. Users lock up SNX tokens to mint sUSD, making its stability highly dependent on the market value of SNX. As the sUSD…

In a recent interview with Bitcoin Magazine, Eric Semler, Chairman of Semler Scientific, shared how the company transformed its trajectory through a Bitcoin treasury strategy. Semler Scientific (SMLR) is not your typical Bitcoin treasury company. With a strong cash position but years of underwhelming stock performance, the company turned to Bitcoin—not as a gamble, but as a strategic catalyst. What followed was a radical shift in valuation, shareholder engagement, and long-term positioning. “We were the second U.S. public company to adopt Bitcoin as a primary treasury reserve strategy. Michael Saylor obviously is the quintessential pioneer, but we’re in that group.”…

World Liberty Financial (WLFI) on Thursday transferred $775,000 in USDC from its main wallet to a secondary wallet primarily used for purchasing altcoins, according to data tracked by Arkham Intelligence. ARKHAM ALERT: WORLD LIBERTY FI MOVING FUNDS World Liberty Fi just moved $775K from their main wallet, to the wallet that they typically use for buying altcoins. pic.twitter.com/f52z5HfXzx — Arkham (@arkham) April 10, 2025 The transfer comes after the project acquired over 3.54 million Mantle (MNT) on March 23. The week prior, WLFI had added $4 million worth of MNT and AVAX tokens to its portfolio. In addition to MNT…

This is a segment from The Drop newsletter. To read full editions, subscribe. Truth Arts — formerly known as Truth Labs, the team behind the 2022 Goblintown Ethereum NFT collection — has released NFT “licenses” inspired by driver’s licenses. To become eligible to mint a Goblintown license, aspiring drivers had to wait for a seemingly endless amount of time with no end in sight in a DMV. In this case, the wait was at the Goblintown DMV, which was a webpage with a DMV simulator. You took a number, waited, waited some more, and ultimately submitted your email address to…

President Donald Trump acknowledged Thursday that his tariff policy changes will be problematic but said he pursued them because no one else had taken the issues on. Speaking at a Cabinet meeting, Trump defended the shift in trade strategy as a necessary correction, despite short-term pain. “The transition is difficult, but the end result will be positive,” he said, according to a CNBC livestream. Trump is not ruling out extending the 90-day pause on his “reciprocal” tariffs. During a Cabinet meeting, he stated that if he cannot secure favorable deals with U.S. trading partners, tariffs will revert to higher rates…

Tron founder Justin Sun took to X to continue accusing First Digital Trust, a Hong Kong-based crypto custodian and issuer of the FDUSD stablecoin, of orchestrating a $500 million embezzlement scheme. In a lengthy post on X, Sun continued his claim that FDT and its alleged co-conspirators illegally redirected nearly half a billion dollars in client funds through a network of unauthorized investments and fraudulent address changes. Sun alleges that FDT, alongside Aria DMCC—a Dubai-based commodities company—and other firms including Finaport and TrueCoin, deceived the stablecoin issuer Techteryx into transferring $456 million to Aria DMCC under the guise of a…

In the Ancient Greek tale of Oedipus, great rewards awaited travelers able to solve difficult riddles, but a powerful sphinx posed the riddles and devoured those who failed to solve them. Similarly, in ancient crypto times, circa 2017, blockchain technology stood to revolutionize finance and other fields. But two challenges stood in the way of this technology enjoying its full potential: (1) securities laws that don’t easily map onto decentralized systems, and (2) a securities regulator hostile to digital assets, which often posed grave risks to those who tried to solve the first challenge. Today, the sphinx has resolved to…

Florida’s Insurance and Banking Subcommittee unanimously passed a bill supporting a state-level Bitcoin Reserve. It will now head to the legislature. This is the first state Bitcoin reserve bill to pass the House committee with zero votes against it. Although most of the initial comments were highly skeptical due to recent market chaos and fiscal conservatism, state sponsor Webster Barnaby and other supporters won them over. Florida Advances in the State Race for a Bitcoin Reserve Over the last few months, a spree of Bitcoin Reserve bills have swept through US state legislatures. Although these initiatives have seen setbacks due…