Author: NBTC
Significant amounts of Ethereum (ETH) were shifted to centralized exchanges over the past day by major players, signaling potential sell pressure while investor sentiment remains weak and the network’s Pectra upgrade faces delays. The upgrade, a key development post-Merge, was pushed from March to May 7th. $117M+ ETH Moved to Exchanges, Sparks Sell-Off Fears Large institutional and individual holders moved tens of thousands of ETH onto exchanges within 24 hours. Data reported by The Data Nerd on X included transfers from. According to The Data Nerd on X, the following transfers were recorded: Grayscale: 16,247 ETH (~$28.63 million) BlackRock: 10,000…
Michael Saylor, the founder and executive chairman of Bitcoin giant Strategy (MicroStrategy rebranded) has commented on the new decision announced by the US president Donald Trump. The US leader ordered that additional baseline tariffs of 10% be imposed on all imports entering the United States from Canada, China, and also the European Union. These tariffs will become effective on April 5. The Bitcoin price has reacted to that announcement and crashed by roughly 5.72% over the past 24 hours. It first dropped from $86,930 level on Wednesday, landing on $82,488. After a short rebound to the $83,700 level, the BTC…
Kushki, an Ecuador-based fintech company, has revealed that more than half of all centennials in Chile use digital means to settle their payments and are knowledgeable about crypto and its uses. Centennials in Chile Are Familiar With Digital and Crypto Settlements Latam is quickly leaning towards tech-based and digital settlement platforms, including fiat and crypto services. Kushki, an Ecuador-based but Latam-focused payment company, has revealed that almost 60% of all the centennials in Chile use digital payments and are aware of crypto assets. In its “Payments in Latin America in 2025: From Inclusion to Sophistication, the Evolving Payments Ecosystem” report,…
Prominent XRP community figure Chad Steingraber recently drew public attention to the holdings of the largest XRP wallets. Notably, the data shared by Steingraber suggests that the top ten XRP addresses with the largest balances hold about 10.6 billion XRP tokens. Additionally, when considering the top 50 XRP wallets, this group controls 30.3 billion XRP tokens. Notably, this is about half of XRP’s circulating supply. Largest XRP Holders with 10B Tokens Citing data from XRP explorer XRPScan, the report disclosed that the wallets holding 10 billion XRP include Ripple, exchanges Uphold, Bithumb, UPbit, Binance, Bitbank, and Coincheck, and an unidentified…
Ethereum nears a trendline breakout rally as whales accumulate while derivative markets show rising optimism. As Bitcoin returns with a bullish turnaround, Ethereum holds its crucial demand zone near $1,800 despite increased global market volatility. With the sudden resurgence of bullish sentiment, Ethereum is close to breaking above a local resistance trendline. Will this propel the ETH price above the $2,000 psychological mark? Ethereum Nears Trendline Breakout, Targets $2,000 On the daily chart, Ethereum is trapped within a falling channel pattern. Holding its ground at the $1,800 supply zone, Ethereum is making multiple low-price rejection candles. The quick turnaround from…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On March 6, Donald Trump signed an executive order establishing the Strategic Bitcoin Reserve — part of the roadmap to making the US the “crypto capital of the world,” announced by then President-Elect months ago. The plan for a “digital Fort Knox” was finally set to become reality. You might also like: The United States is focused on tokenized certificates of deposit | Opinion Yet, its ultimate iteration missed the key component most cherished by the market:…
Tether’s strategic advisor Gabor Gurbacs has taken to his X account to discuss the prospects Bitcoin may have in the next few years. He has shared his bullish opinion with the community, drawing parallels to another popular safe haven asset – gold. card Bitcoin may add trillions of dollars, Gurbacs hints Gurbacs reminded the crypto community that during the past 3 years, gold’s market capitalization has increased by $10 trillion and now it stands at $21.173 trillion in total. Back in 2023, it equalled $14.66 trillion. Referring to his earlier forecasts about the potential gold market cap growth made a…
Dubai government represented by the Dubai Land Department has commenced its foray into fractional ownership using tokenization of the real estate registry in collaboration with Dubai Virtual Asset Regulatory Authority (VARA) who will be setting advanced governance systems. The agreements will enable a broader base of investors to enter Dubai’s real estate asset market. This aligns with Dubai Real Estate Strategy 2033 that seeks to grow real estate transaction volume to $272 billion. Dubai Land Department recently launched its real estate tokenization pilot The agreement comes weeks after Dubai Land Department launched its real estate tokenization project. The Dubai Land…
Early Shiba Inu investors would have made a massive profit of more than $7 billion if they had invested a minimum of $5,000 in SHIB. As top crypto assets like Shiba Inu continue to witness huge downturns, many investors–especially those who entered the market after the 2021 bull market–are wondering what their fate might have been if they had benefited from SHIB’s historic surge. Stories about Shiba Inu’s historic surge in the 2020/2021 market cycle have traveled far and wide across the financial world. Many investors have used the story to encourage newcomers to focus on long-term gains instead of…
Bitcoin fell 5% to $82,200 on Thursday amid a broad market selloff triggered by President Donald Trump’s announcement of new global tariffs, according to CoinGecko data. Trump announced on Wednesday a sweeping set of tariffs in response to what he described as a national emergency caused by large and persistent US trade deficits. The executive order imposes a minimum 10% tariff on all imported goods from every country, set to take effect on April 5. For nations with which the US has significant trade deficits, higher tariffs will apply starting April 9. China will face a 34% tariff, the European…