Author: NBTC

MicroStrategy, one of the largest institutional Bitcoin investors and recently rebranded as Strategy, continues to purchase BTC. Strategy founder Michael Saylor, who stated that they will buy Bitcoin forever at this point, dismissed concerns about his company and said that the company is not at risk of liquidation. Even If Bitcoin Falls, There Is No Risk! Saylor said in an interview with the Usher podcast that there is no liquidation risk for the company even if BTC drops 98%. “Some people worry that if Bitcoin crashes, our company will go bankrupt, but that’s simply not true.” Strategy (formerly MicroStrategy) founder…

World Liberty Financial’s cryptocurrency portfolio has incurred $124 million in unrealized losses, with Ethereum accounting for $93.6 million of this decline. Despite these losses, WLFI continues its investment strategy, recently purchasing 541,783 SEI tokens using $100,000 in USDC. The platform successfully raised approximately $590 million through its token sale, placing it among the top 10 largest in history. World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by President Donald Trump and his family, is grappling with significant financial setbacks. The cryptocurrency investments of WLFI have led to a total $124 million loss in operational value according to Lookonchain’s…

Elon Musk’s confirmation of Grok 3’s launch sent the Grok token soaring 82% on Sunday, highlighting the volatile intersection between artificial intelligence and crypto speculation. As the AI chatbot developed by Musk’s xAI prepares to debut, traders rushed to capitalize on the hype, driving the token’s market cap to approximately $33.51 million. At last check, the token was trading at around $0.0053, reflecting heightened investor enthusiasm, despite xAI itself having no direct ties to the Grok token. Source: CoinMarketCap The surge underscores how Musk’s influence continues to drive market activity, even as xAI remains an underdog in the AI space,…

FalconX, a top prime broker for digital assets, and StoneX, a global financial services company, have completed the first-ever block trade of CME Group’s recently introduced Solana futures. According to a Mar. 16 press statement, this CME SOL futures transaction demonstrates the rising demand for regulated digital asset investments like Solana (SOL), while further solidifying FalconX’s position as one of the industry leaders in institutional cryptocurrency trading. CME Group, the world’s largest derivatives exchange, launched SOL futures on Feb. 28 to give investors a way to trade Solana’s price movements without holding the asset. These futures are cash-settled and come…

2024 was a favourable year for Bitcoin. In late 2024, the BTC market achieved the milestone of $100K, triggering excitement in the entire cryptocurrency industry. In the last one year, the market has grown by over 85.8%. Currently, the Bitcoin price stands at $96,160.29. How will the market perform in 2025? At the time of writing, the market looks dull. In the last 30 days, it has dropped by nearly 6.8%. Notably, a recent X post by Mike McGlone, an acclaimed commodity strategist, indicates that BTC may rise to $150,000 or fall to $50,000 this year. Interestingly, the post notes…

Leverage Shares by Themes has launched a new exchange-traded fund (ETF) tied to the Nasdaq-listed cryptocurrency exchange Coinbase (COIN) stock despite a downturn in the crypto-related shares. The Leverage Shares 2X Long Coinbase Daily ETF (COIG) is designed to deliver twice the daily return of Coinbase’s stock price, offering traders an amplified exposure to the U.S.’s largest cryptocurrency exchange. The ETF, which carries an expense ratio of 0.75%, is listed on Nasdaq, according to a press release. The launch comes amid a significant cryptocurrency market downturn that saw bitcoin (BTC) drop by around 19% over the last three months, from…

Cardano founder Charles Hoskinson has addressed the controversy surrounding the Libra token. He believes Argentinian President Javier Milei was not directly involved in it. His statements strongly imply that better decisions and due diligence could have prevented the controversy. Charles Hoskinson Speaks on LIBRA Token Scandal According to Hoskinson, Milei’s advisors likely pitched the project as a good idea, possibly comparing it to other political tokens like Official Trump (TRUMP). However, those insiders orchestrated a scheme, profiting at the peak while leaving Milei to handle the fallout. For context, last week, President Javier Milei’s promotion of the LIBRA token triggered…

The LIBRA crypto scandal that rocked Argentina’s political landscape entered a new phase this week after Gregorio Dalbon, an Argentine lawyer, formally requested the international detention of Hayden Davis, the crypto entrepreneur identified as the alleged central figure behind the token’s collapse. The petition, submitted Tuesday to lead prosecutor Eduardo Taiano and Judge María Servini, seeks an Interpol Red Notice to facilitate Davis’s detention and extradition from the U.S. Dalbon, who represented former Argentine President Cristina Fernandez over a corruption case, did not immediately return Decrypt’s multiple requests for comment. A request from Decrypt to Davis’ lawyer has gone unanswered.…

An unidentified whale on the Hyperliquid decentralized perpetual exchange has launched the crypto market into a new level of dynamism. This trader’s huge trading amounts and constant activity in leveraged positions have led crypto community members to try and figure out who this person is. Could CZ Be Behind the Hyperliquid Whale? One person guessing, even used a video clip from an action movie to joke that former Binance CEO Changpeng Zhao might be behind these massive trades on Hyperliquid. https://twitter.com/Ninjascalp/status/1901369751651471566 According to reports, the whale placed a massive $445 million leveraged short on BTC via Hyperliquid. Analysts think a…

Hold onto your hats, crypto enthusiasts! The winds of institutional adoption are blowing stronger than ever. In a move that’s sending ripples through the digital asset space, news has broken that Paul Tudor Jones, the legendary hedge fund titan, is making a significant play in the Bitcoin ETF arena. And not just any ETF – we’re talking about BlackRock’s spot Bitcoin ETF, IBIT. Let’s dive into the details of this groundbreaking development and explore what it means for the future of crypto. Why is Paul Tudor Jones’ IBIT Investment a BIG Deal? For those unfamiliar, Paul Tudor Jones isn’t just…