Author: NBTC
Donald Trump’s institution of large tariffs, and then temporary delay on some of them, has thrown the market into chaos, and some, including Senator Elizabeth Warren, have claimed that the Trump administration may have been using insider information to trade the chaos. On April 2, Trump announced a 10% tariff on all countries, as well as various other tariffs that were calculated based on apparent trade deficits, resulting in a number of bizarre situations like applying tariffs to islands with no permanent human residents. There were additional large tariffs on China that brought the total tariff quantity on the country…
Ripple is preparing to unlock 1 billion XRP from its escrow accounts on May 1, 2025, continuing its monthly release cycle. Based on current XRP prices on April 10, the token unlock is valued at approximately $2 billion in market value. Following XRP’s launch in 2012, Ripple initially retained 80 billion of the total 100 billion token supply, gradually distributing portions to the market over time. In 2017, the company implemented an escrow system to lock the still undistributed 55 billion XRP, with programmed monthly unlocks. Ripple escrows to unlock 1 billion XRP for May sales Much like the unlocks…
On Wednesday, Westpac CEO Anthony Miller apologised to a customer after the bank blocked a $30,000 transfer to Australian crypto exchange CoinSpot and froze their accounts. The customer, known only as Tim, had deposited $50,000 into his Westpac account earlier this month and attempted to move a portion of the funds to CoinSpot to invest in Bitcoin. The transaction was halted, triggering a call from Westpac’s risk management team. Tim recorded the conversation and played it on Sydney’s 2GB radio earlier this month, where the staff member repeatedly challenged him on the purpose of the transfer, suggesting his answers lacked…
Binance Wallet, the flagship crypto wallet of Binance, has announced the 9th Token Generation Event, featuring the $FHE token of Mind Network, a well-known Web3 infrastructure platform leveraging Fully Homomorphic Encryption. The $FHE-featuring Token Generation Event (TGE) will take place on PanakeSwap, an inclusive multi-chain decentralized exchange, on April 10, 2025. The platform revealed this event on its official social media account. Join the 9th Exclusive Token Generation Event (TGE) on #Binance Wallet with @mindnetwork_xyz via @PancakeSwap.🗓️ April 10, 11:00AM to 12:00PM (UTC) for subscriptions!📜 New Rule: Must have maintained ≥ $100 value in eligible assets across both Binance Wallet…
Bitcoin’s price crash from $97,000 in late February surprised most crypto market participants but not this analyst. The crypto analyst known as Doctor Profit, who previously warned of a correction when Bitcoin was approaching $97,000, recently released a new technical outlook that dissuades a bullish trajectory in the short term. In a breakdown shared on the social media platform X, Doctor Profit noted that the breakdown isn’t complete yet. This outlook comes from a former detailed analysis in which the analyst highlighted various Bitcoin price movements to watch out for, all of which have come to pass. Doctor Profit Says…
Ethereum has slipped back into a familiar range that previously capped price action for nearly two years. With key support levels now under pressure, the market faces a critical moment that could define Ethereum’s (ETH) direction for the months—or even years—ahead. The second largest crypto by market cap has fallen back into its previous 2022 trading range, a zone that historically led to a long period of sideways movement. As the price now trades within familiar territory, traders must pay close attention to key support and resistance levels that will likely dictate the next macro move. Source: Tradingview Key points:…
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad’, has long based his investment philosophy on real assets, consistently dismissing fiat currencies as ‘fake money.’ In 2025, his favored assets have delivered mixed results. Gold and silver have maintained their upward momentum, reaching new all-time highs, while Bitcoin (BTC) has faced heightened volatility, trading mostly sideways or trending downward. Despite recent market volatility, Kiyosaki remains committed to the trio, with the author planning to continue building his own ‘standard’ around the assets to weather what he calls the ‘DOGE CHAINSAW MASSACRE’—his term for the Trump administration’s…
At press time on April 10, some 2.74 billion XRP were held on crypto exchanges, according to data retrieved by Finbold from market intelligence platform CryptoQuant. This figure represents a 1-month low in the readily available XRP supply, which stood at 2.82 billion back on March 10. Exchange supply tends to have an inverse correlation with prices. The less tokens held on exchanges, the smaller the selling pressure. XRP was trading at a price of $2 at the time of writing, having reclaimed a crucial level of support in the wake of Donald Trump’s tariff pause, which caused a rally…
Block, Inc. has agreed to a $40 million settlement with the New York Department of Financial Services (NYDFS) for “significant failures” in its anti-money laundering compliance program, the Wall Street regulator announced on Thursday. The company led by Jack Dorsey has agreed to retain an independent monitor after violating the Department’s money transmitter and virtual currency rules, the NYDFS added. The NYDFS found that Block’s company had “inadequate customer due diligence” and failed to implement systems sufficient for preventing money laundering and illicit activity. Block’s services were “vulnerable to criminal exploitation,” the NYDFS said, arguing that Block’s “lax treatment” of…
Bitcoin miners are scrambling to adjust to Trump’s global tariffs, which are poised to increase prices on ASIC miners, electrical gear, network infrastructure and more. “It’s a complete scramble,” Luxor COO Ethan Vera said on last week’s Mining Pod news roundup. “From the ASIC trading front and brokerage, miners have not been very proactive here. They have not necessarily frontrun orders and gotten them into the U.S…they’re operating in a less than a week period here to make sure all shipments that are coming out of SE Asia are picked up and getting delivered.” ASIC prices have trended slightly downward…