Author: NBTC
Google searches for ‘Black Monday’ have accelerated in the past seven days following the stock market’s massive capital outflow on April 4, triggered by unease from trade tariff concerns. As of April 7, search interest in the term peaked at 100 in the United States, a staggering 1,300% spike from a score of 7 recorded on March 31, according to data retrieved by Finbold from Google Trends. A breakdown of interest in the term shows that the capital, Washington D.C., leads at 100, followed by New Hampshire at 94. Notable interest has also been recorded in New Jersey, Massachusetts, and…
Multiple tokens cratered as much as 50% within 30-minutes on crypto exchange Binance on Tuesday, with market watchers wondering if a misconfigured trading bot could have caused the declines. Act I, the Prophecy (ACT) slumped 50%, DeXe (DEXE) dropped 30% and dForce (DF) fell nearly 20% within minutes after 1100 UTC on Tuesday, data from Binance shows, with no immediate catalyst or explanation behind the sudden fall. Around 18:30, multiple altcoins on Binance experienced sharp declines. ACT/USDT dropped over 49% within 30 minutes, DEXE/USDT fell more than 23%, and DF/USDT declined over 16% in the same period. The sudden dips…
Stablecoin balances, a key figure for investor sentiment, have dropped to their lowest level in months, as Bitcoin plunged to its lowest point this year. Crypto markets are showing increasing signs of weakening trader appetite. On Monday, April 7, stablecoin balances on exchanges fell to a three-month low. According to crypto analytics firm Nansen, this is the lowest the figure has been since January. Additionally, both incoming and outgoing crypto exchange flows have declined in April. Stablecoin balances on exchanges just hit a 3-month low. Lowest since Jan.Forget sentiment surveys. Track what people do with their money. pic.twitter.com/AZe0kaLlVd — Nansen…
Crypto markets are being shaped by the same macro forces that are spooking traditional financial markets, but their international and borderless nature provides a layer of protection, according to Offchain Labs co-founder and chief scientist Edward Felten. Speaking on CNBC’s “Squawk Box Asia,” Felten noted that the recent volatility in crypto markets is being driven by broader concerns around global trade and economic policy. The source is stemming from uncertainty surrounding U.S. tariffs and comments from President Donald Trump. Offchain Labs is the team behind Arbitrum, one of the leading Ethereum (ETH) Layer 2 scaling solutions. “The whole world is…
As XRP hovers around $2 amid consecutive weekly declines, community members urge each other to seize the opportunity and consolidate their holdings. XRP is down by 13% over the past week as it trades at $2.08. The price dip has persisted since January, but enthusiasts believe a turnaround is imminent. To encourage more accumulation, community figures often highlight the relatively small amount of tokens investors need to hold to rank among the “richest” XRP holders. Becoming a Top 10%, 5%, or 1% XRP Holder Notably, the latest statistics from the XRP Rich List show that crypto investors only need to…
Binance, the world’s largest cryptocurrency exchange, announced a new partnership today. Accordingly, Binance announced that they have established a strategic partnership with global payment technology giant Worldpay. As part of this partnership, users can purchase cryptocurrencies via Apple Pay and Google Pay starting today. Users can purchase crypto with fiat currency directly through the Binance app or website by linking their credit or debit cards to Apple Pay or Google Pay. “Binance has partnered with global payments technology provider Worldpay to bring two of the world’s leading digital wallets – Apple Pay and Google Pay – into its fiat onramp…
Its capital raising efforts likely on hold amid the market panic, Strategy (MSTR) did not add to its bitcoin (BTC) holdings last week. Additionally, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized loss on its bitcoin holdings, according to a filing Monday morning. This follows the adoption of new accounting rules requiring crypto assets to be marked to market. A $1.69 billion tax benefit is expected to partially offset the loss. Strategy raised a total of $7.69 billion during the quarter, $4.4 billion of that from common stock sales and…
According to recently published data, over the past month, hundreds of millions of Cardano’s native coin, ADA, have been moved over the past month. Cryptocurrency trader and analyst Ali Martinez has shared a chart provided by the on-chain data aggregator Santiment to show that in March, large holders, known in the crypto space as whales, unloaded almost 200,000,000 ADA coins. They were wallets holding between one million and 10 million ADA. The supply held by those wallets gradually declined along with the ADA price, as the chart shows — the coin went down from $0.808 to $0.637 and then made…
BAYC Miner, a blockchain-based mini-app driven by Bored Ape Yacht Club #7537 NFT as well as Btok, has announced an exclusive collaboration with Terminus, a blockchain-based platform for payments. The partnership focuses on expediting the crypto usage in the real-world transfers in the APAC region. The platform revealed this collaboration on its official X account. Big news! 🚀 We’re excited to announce an incredible partnership between BAYC Miner and Terminus @terminus_pos 🌐Since 2024, Terminus started bringing its QR code feature to Thailand 🇹🇭 and Vietnam 🇻🇳 – use ThaiQR and VietQR to scan, pay in crypto and go. It’s coming…
The greatest redistribution of wealth in history is on the horizon and features two seemingly distant worlds: that of the baby boomers, nearing retirement, and that of Generation Z, ready to receive an inheritance estimated at 84 trillion dollars in the coming decades. But what happens if this enormous sum of money ends up being invested in Bitcoin? Could this epochal transition of wealth be the opportunity for a radical leap towards a new digital economy? This is the question at the center of a recent episode of Bitcoin Backstage, which featured Isabella Santos in conversation with Dylan LeClair, head…