Author: NBTC
Nouriel Roubini, the economist who predicted the 2008 global financial meltdown to earn himself the nickname Dr. Doom, warned traders against relying on the Federal Reserve for a swift resolution to the financial market instability sparked by President Donald Trump’s tariffs on international trade. A week ago, Trump announced sweeping tariffs against many nations, including a hefty levy on Chinese imports that’s now been lifted to 104%. Financial markets cratered on concerns the move will drag the U.S. and other economies into recession. The Nasdaq 100 has lost 12% and bitcoin (BTC), the largest cryptocurrency by market value, dropped 10%,…
In a move that’s sending ripples through the crypto sphere, DWF Labs, a prominent crypto market maker, has once again made headlines. This time, it’s not just a small dip into the market; it’s a significant plunge! On-chain data reveals that DWF Labs has acquired a staggering 250 million WLFI tokens. But what does this mean for the crypto market, for WLFI, and for you as an investor? Let’s dive deep into this exciting development. Why is DWF Labs’ Latest WLFI Acquisition a Big Deal? According to astute on-chain analysis by @ai_9684xtpa on X, DWF Labs’ recent purchase of 250…
Over $1 billion has been withdrawn from a major U.S. cryptocurrency exchange, Kraken, through multiple large Bitcoin transfers on April 11. Blockchain monitoring firm Whale Alert identified the mega transactions in a recent X post, as they were mysteriously executed by an unknown wallet. While the move comes amid a global crypto market resurgence that saw Bitcoin and other altcoins retrieve previous gains, it has sparked speculations that Bitcoin whales are gradually waking up to the bull call by accumulating large amounts of Bitcoin to hold. $2.4 billion Bitcoin leaves Kraken in one day According to the post, Kraken experienced…
Ethereum price faces risks amid the recent price drops affecting the markets. As the larger market experienced a downturn, ETH price saw extreme lows much like the rest of the cryptos. Most cryptocurrencies have followed BTC price making lower yearly lows. The price of Ethereum stands at $1,542.74, representing a major decrease under the $2,200 average purchase price of Ethereum holders. Many Ethereum investors face net losses because their assets have fallen beneath the buying prices, demonstrating substantial capital loss throughout the Ethereum network. Large-scale Ethereum holders with more than 100,000 tokens present an average cost basis of $1,290. This…
As of Wednesday morning, the yield on the UK’s 30-year government bond soared to 5.5%—its highest level since 1998—mirroring a broader climb in U.S. sovereign yields and sparking fresh concerns about financial market stability. Surging global bond yields are exerting significant downward pressure on risk assets. Since the U.S. equity sell-off began last Thursday, the Nasdaq has dropped 10%, while bitcoin (BTC) has fared slightly better, down 8% over the same period. In the same time the U.K. 30-year bond yield is up 8%, while the U.S. 30-year is up 12%. Charlie Morris, founder of ByteTree, believes investors will start…
Federal agents posed as a crypto startup to expose CLS Global’s role in AI token wash trades, revealing deceptive algorithms used to fake market demand. Secret DOJ Sting Exposes Crypto Wash Trades With AI Token as the Bait The U.S. Department of Justice (DOJ) announced on April 2 that CLS Global FZC LLC, a cryptocurrency financial services firm headquartered in the United Arab Emirates (UAE), was sentenced in federal court for its involvement in deceptive digital asset trading tactics. The company pleaded guilty to conspiracy to commit market manipulation and wire fraud, following a sting operation orchestrated by federal agents.…
Leading coin Bitcoin has had a turbulent past few weeks, with its price troubles prompting many short-term investors—often referred to as “paper hands”—to exit the market. However, amidst the price volatility, the coin’s long-term holders (LTHs) remain resolute and show no signs of backing down as they attempt to push BTC back above $85,000. How soon can they realize this? Bitcoin Long-Term Holders Shift From Selling to Stacking In a recent report, CryptoQuant analyst Burak Kesmeci assessed BTC’s Long-Term Holder Net Position Change (30d sum) and found that since April 6, the metric has turned positive, showing clear upward momentum.…
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has had a turbulent start to 2025, plunging over 52% year-to-date to trade at $1,574 at press time. Although the asset gained nearly 4.5% in the past 24 hours, it remains under sustained selling pressure, marked by a series of lower highs and short-lived rallies that have failed to establish a meaningful trend reversal. The latest blow came after President Donald Trump announced sweeping tariff measures, including a 10% blanket tariff on all imports into the United States, set to take effect on April 9. The announcement triggered a broad sell-off…
In a major shift in tone from previous administrations, Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, says the U.S. is now clearing the path for crypto innovation—and entering what he calls a “golden age for digital assets.”—In a recent interview with Fox News, Bo Hines laid out the Trump administration’s game plan for making the U.S. the global hub for crypto. He didn’t mince words about the past: “We’ve been in the demolition phase—removing a lot of those barriers that the Biden regime put up so that people can actually start building back here…
Vanuatu has passed a bill to institute a regulatory regime for digital assets, including a licensing and reporting framework for exchanges, non-fungible token (NFT) marketplaces, digital asset custody providers and initial coin offerings (ICOs). The South Pacific Island nation’s Parliament passed the “Virtual Asset Service Provider (VASP) Act” on March 26. Amongst other measures, the framework designated the Vanuatu Financial Services Commission (VFSC) as the licensing authority, with powers to enforce the Financial Action Task Force’s (FATF) Anti-Money Laundering, Counter-Terrorism Financing and Travel Rule standards on digital asset firms. Under the new law, the regulator was given enhanced investigation and…