Author: NBTC
Cryptocurrency analysis company CryptoQuant drew attention to whale behavior in its latest assessment of Bitcoin. The company argued that the current price movements are a correction within the long-term uptrend, noting that large investors (whales) have not yet exited the market. The company’s analysis included the following statements: “BTC whales have not yet exited. These whales represent addresses that most accurately reflect actual trading behavior, excluding entities such as mining pools, exchanges, etc. Historically, this metric has shown a strong correlation with price movements.” CryptoQuant noted that if whales had exited the market at last year’s peak, the price would…
The tokenization of real-world assets (RWAs) is accelerating a fundamental shift in global finance, with blockchain-based U.S. Treasuries, equities, commodities, and private credit poised for exponential growth this year, according to a report by market maker Keyrock and tokenization platform Centrifuge. Keyrock and Centrifuge Analysis: Tokenized RWAs Could Capture 10% of Stablecoin Market by Year’s End Tokenized U.S. Treasuries have surged 415% year-over-year, driven by yield-seeking stablecoin holders and institutional adoption, the two firms report. Keyrock and Centrifuge project that this sector could reach $28 billion if tokenized products capture 10% of the $210 billion stablecoin market. “We expect tokenized…
The CEO of Ripple’s major partner in Japan, financial behemoth SBI Group, Yoshitaka Kitao, has published a tweet, endorsing Ripple’s new press release about the rapid expansion of the market for tokenized financial assets. Over the next eight years, Ripple expects this space to spike to almost $19 trillion in volume. Ripple’s vision of future RWA tokenization Ripple giant seems to have enormous plans for the market of real-world asset tokenization, as it expects it to boost from the current market value to $6 trillion this year and soar much higher over the next eight years. By 2033, this market…
Financial markets shimmered with cautious optimism as U.S. equities closed positively Friday, with the Nasdaq Composite rising 2.06% and the digital asset sector vaulting 3.72% to a $2.63 trillion valuation. Publicly listed bitcoin miners likewise enjoyed a rebound, as nine of the top twelve leading firms by market capitalization advanced. Publicly Traded Bitcoin Miners Pop Friday—But YTD Losses Still Cut Deep Publicly traded bitcoin miners closed the week on an upward trajectory, with a dominant share of these firms posting positive returns following a volatile stretch. After consecutive declines spurred by U.S. President Trump’s tariffs, the Nasdaq climbed 2.06%, the…
On a recent appearance on The Claman Countdown with Liz Claman on Fox Business, Ripple CEO Brad Garlinghouse shared his thoughts on the current state of the cryptocurrency market, including Bitcoin’s recent price drop and Ripple’s latest strategic move. Claman pointed out that Bitcoin, which surged to a high of $107,000 after the election, has since dropped to around $86,000. She asked Garlinghouse about the market’s future and where he sees prices heading, especially amid wildly different predictions — from $250,000 per Bitcoin to much lower forecasts. Garlinghouse opened up about the importance of taking a long-term perspective. “I don’t…
Stellar may be gearing up for a breakout, as stablecoins, active addresses, and other metrics are on the rise. Stellar (XLM) is showing signs of strength, both in decentralized finance and in technicals. On Friday, April 11, the stablecoin market cap on the chain broke $300 million, reaching an all-time high of $3.6 million. At the same time, active addresses on the chain rose to 1.5 million according to Nansen, a 6.5-fold increase since April 7. Stellar stablecoin market cap | Source: DefiLlama This is happening as the token’s price nears key technical levels. On April 11, Stellar rose 5.33%…
BlackRock’s BUIDL fund has seen rapid growth in the past few weeks, showing growing recognition of blockchain’s role in tradFi. The investor appetite for blockchain-based securities is growing, despite a market downturn. On Friday, April 11, BlackRock’s BUIDL fund surpassed $2.1 billion in assets under management on Ethereum (ETH). These funds account for 90.5% of all BUIDL tokens across the seven chains it supports. BREAKING: The BlackRock BUIDL fund’s AUM on @ethereum surpassed $2 billion.BUIDL is currently available on 7 chains, with ~90.5% of the fund’s AUM tokenized on Ethereum. pic.twitter.com/V3WeHVDp9Y — Token Terminal 📊 (@tokenterminal) April 11, 2025 The…
IOTA is aiming to launch the Rebased mainnet by 2025, with targeted scalability and speed with transactions. The network released new features, which include the IOTA Gas Station, and also adjusted its IOTA Identity. Multichain crypto wallet Nightly App recently took to X to share why 2025 could be a turning point for IOTA, the eco-friendly blockchain. The post revealed that IOTA has been laying down its infrastructure and is on the journey to gain its unique position in the Web3 ecosystem. Nightly App pointed out that IOTA currently has a two-tier structure. Its Layer 1 executes smart contracts using…
Bullish momentum is now emerging in the crypto market following a brief halt as Bitcoin (BTC) gains strength and crosses the threshold of $81,000. Currently trading at $81,243. Following a period of consolidation, Bitcoin has now recorded a slight dip of 0.45% in the last 24 hours. The BTC price movement prompts a sentiment shift as Bitcoin seeks to reclaim former support levels. Will Bitcoin be successful in reclaiming the $90,000 mark? Bitcoin Price Analysis From BTC price action on the daily chart, we see that Bitcoin’s sharp corrective phase started in early 2025. After reaching around $108,000 in February,…
The US stock market is still processing the latest events, as Trump’s tariff pause leads to recovery, while Bitcoin is back above $82,000. Major stock indices are is still recovering from the panic brought on by the escalating U.S. trade war. On April 11, the S&P 500 gained 43.75 points, up 0.83%, reaching 5,531. At the same time, the Nasdaq was at 16,555.96, up 168.65 points or 1.02%, while the Dow Jones was at 39,910, up 0.80% or 316.40 points. The relatively stronger performance of the tech-heavy Nasdaq suggests that investors are ready to take on more risk. For this…