Author: NBTC
JackYi, a well-known name in the cryptocurrency market and the founder of LD Capital, expressed a strong bullish view for Ethereum (ETH) in his post on the social media platform X. LD Capital Founder JackYi: “$5 Billion ETH Short Position Could Get Stuck, Target $4000” JackYi noted that the massive short positions in Ethereum could create a “short squeeze” in the near future. According to JackYi, currently: Approximately $1.3 billion worth of ETH short positions on CME (Chicago Mercantile Exchange), $1 billion worth of debt-based short positions on Aave, There are approximately $3 billion worth of short positions on other…
In a few days, the team from the Algorand Foundation, which deals with tokenomics, will publish a new study that questions the hypothesis that TVL (Total Value Locked) is a significant indicator for the price performance of cryptocurrencies. Generally, the TVL DeFi is widely used as an indicator of the legitimacy of the various chains, but the research by Algorand instead finds that it is not correlated to financial returns. “`html Algorand: TVL and crypto prices The study of the Fondazione Algorand The results Algorand Algorand: TVL and crypto prices “` The TVL measures the dollar equivalent of all assets…
Louisiana lawmakers have passed House Resolution 317 to establish a new committee focused on artificial intelligence (AI), blockchain, and cryptocurrency. The group will assess their impact on the state’s economy, legislation, and daily life. This resolution was introduced by Representative Mark Wright and passed during the 2025 Regular Session to set up the legislative subcommittee under the House Committee on Commerce. 🇺🇸 NEW: Louisiana will form a committee to study “AI, blockchain and cryptocurrency” The resolution states: “WHEREAS One in five Americans owns cryptocurrency…it is in the interest of Louisiana [to] consider the benefits and challenges of these technologies.” pic.twitter.com/mxEfawa0su…
The one bedroom apartment in Kensington Waters in Dubai UAE which was listed as a tokenized investment property by Dubai Land Department (DLD) and PRYPCO Mint platform sold out in just 1 minute and 58 seconds. The property at Kensington Waters is worth $653,000 the same value as the first tokenized property sold. In total PRYPCO Mint and DLD have sold so far $1.306 billion worth of tokenized property in Dubai and the future will see more. This was the second tokenized real estate project sold by PRYPCO in the past weeks. The second property unlike the first attracted 149…
The Ethereum Foundation (EF) has once again found itself facing backlash, with criticism this time coming from one of its own. Péter Szilágyi, one of the lead developers of the Go-ethereum (Geth) client, has lashed out at former colleague Tomasz K. Stańczak over alleged plans to push the development of Geth out of the organization. Read more: Vitalik to Ethereum Foundation critics: ‘This is not how this game works’ The post came in response to Stańczak’s assurance that “there is no plan to remove Geth,” sparked by Szilágyi’s earlier claim that the foundation had “fired four dev teams a week…
SOL Strategies, a Canadian public company focused on the Solana blockchain, has filed a $1 billion preliminary short-form base shelf prospectus as it doubles down on its investments in the world’s sixth-largest crypto. The company said the move aims to provide it with increased “financial flexibility” to capitalize on emerging opportunities within the Solana ecosystem, according to a filing on Tuesday. In other words, the move will allow SOL Strategies to prepare for potential capital raises, allowing it to move quickly on investment opportunities in the Solana ecosystem without delay due to additional regulatory approvals. The document was submitted to…
IOTA and Tony Blair Institute for Global Change TL;DR:The IOTA Foundation and the Tony Blair Institute for Global Change are partnering to build open, trusted digital infrastructure to support inclusive trade, digital identity, and innovation for governments, small businesses, and underserved communities worldwide. The digital systems that power modern economies are often fragmented, proprietary, and exclusionary. To build infrastructure that is truly inclusive and future-ready, we need public goods: open-source, standards-based systems built on trust, interoperability, and shared governance. This is the motivation behind a new phase of collaboration between the IOTA Foundation and the Tony Blair Institute for Global…
India’s Central Bureau of Investigation has arrested a Delhi man and seized over $327,000 (₹2.8 crore) worth of crypto after busting a transnational cybercrime operation that targeted victims in the United States and Canada. Rahul Arora was arrested in New Delhi during coordinated raids at three locations across India on Tuesday, with investigators uncovering sophisticated tools used to impersonate government officials and tech support representatives to defraud overseas victims. “Acting on actionable intelligence developed during the investigation, CBI conducted these searches and uncovered incriminating evidence busting the operation of a group engaged in transnational cyber fraud,” the CBI said in…
Bitcoin exchange-traded funds (ETFs) saw a second consecutive day of net outflows, shedding $48 million despite inflows across five funds, dragged down by a large exit from Blackrock’s IBIT. Meanwhile, ether ETFs celebrated a milestone 15th straight day of net inflows. Bitcoin ETFs Post Second Day of Outflows as Ether ETFs Mark 3 Weeks of Inflows The bulls showed up across much of the U.S. spot bitcoin ETFs, but it was not enough to stop a Blackrock-sized exodus. Despite five bitcoin ETFs recording inflows, a $130.49 million outflow from Blackrock’s IBIT dominated the day, resulting in a $47.82 million net…
Spot Ethereum exchange-traded funds generated $125 million in inflows on Tuesday, representing their best daily performance since early February, CoinGlass data showed. BlackRock’s iShares Ethereum Trust ETF (ETHA) led the eight funds with $80 million in net inflows. The surge coincides with Ethereum’s rise above $2,800 for the first time in nearly four months. The last time overall inflows eclipsed that mark was on Feb. 2, when investors stuffed $276 million into BlackRock’s ETHA and Ethereum’s price stood at $2,900. Ethereum was recently changing hands around $2,853, a 4.8% increase over the past day, according to crypto data provider…