Author: NBTC
CoreWeave’s initial public offering indicates signs of a pickup in dealmaking, which could prove to be a meaningful tailwind for the likes of the Goldman Sachs Group (NYSE: GS) in 2025. The AI cloud infrastructure company had to downsize its IPO due to macro headwinds to $40 per share. However, it still raised $1.5 billion at a valuation of about $20 billion at a time when markets are grappling with fears of a recession ahead, which wasn’t a small feat at all. So, shares of Goldman Sachs, down some 20% versus their year-to-date high, look attractive at writing if you’re…
The financial markets are witnessing an interesting divergence. XRP, one of the leading crypto assets, posted a notable gain today, while NVIDIA (NVDA), the powerhouse of AI and chip technology, is nursing a 7.82% drop. The contrasting moves have sparked discussions on whether crypto assets and traditional stocks are decoupling. Dom Kwok, a former Goldman Sachs banking analyst, highlighted this trend in a tweet. He referred to XRP and NVDA as two of the biggest “bellwethers” in their respective markets. His observation suggests that while the broader stock market, particularly tech-related equities, faced downward pressure, crypto assets like XRP demonstrated…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. If you ask the average person in crypto what problems the industry faces today, “too many chains, not enough apps” quickly comes up as a common gripe. This complaint has a striking parallel to the days of the early internet. During the dot-com boom of the late 90s and early 2000s, skeptics similarly criticized the perceived overinvestment in excessive infrastructure, particularly fiber optics. Telecom companies (Global Crossing, WorldCom, AT&T) spent billions laying undersea cables and long-haul fiber networks based on the belief that internet traffic would grow…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.09% today against the US Dollar Bitcoin is currently trading 18.48% below our prediction on Apr 03, 2025 Bitcoin dropped -4.32% in the last month and is up 24.30% since 1 year ago BTC price is expected to rise by 23.10% in…
The following is a guest post and opinion of Hatu Sheikh, the founder of Coin Terminal. The traditional crypto VC investing model has failed. VC firms have returned to their drawing boards to strategically reorganize and optimally allocate funds in a highly competitive market. Driven by cyclical market conditions, VCs have realized their success doesn’t depend on following a fundamental conviction. Instead, it hinges on investing in projects with dominant mindshare, strong narratives, and successful go-to-market (GTM) execution strategies. Inspired by the recent rise of mindshare-led investments, VC investing is shifting from long-term to short-term, high-momentum bets. Crypto VC investing…
SUI has surpassed TRON to become the third-largest blockchain by daily active addresses, rising to 2.46 million users. The broader crypto market continues to trend downward, and Sui (SUI) is among the tokens most impacted. As of today, the price of SUI stands at $2.17, reflecting a 9.73% drop in the last 24 hours. Over the past week, the token has recorded a 19.97% decline. However, while price indicators show a downturn, network activity on the Sui blockchain presents a different narrative. Sui Overtakes Tron in Active Address Rankings According to recent blockchain activity data, Sui has risen to become…
Ethereum Whale Sells 3,732 ETH at $1.8M Loss Amid Market Turmoil. Short-term ETH holders face $400M in losses as market struggles. Experts predict Ethereum could surge 700% by year-end despite volatility. Ethereum (ETH) and the rest of the crypto market have been in turmoil for weeks now. The intensity of struggles increased with Donald Trump’s tariff plan introduction and various other events, causing investors’ sentiments to become bearish. Ethereum Whale Offloads Millions Amid Market Downturn Following a 10% drop in price Ethereum experienced during recent days a major whale sold 3,732 ETH worth about $6.82 million. The seller experienced nearly…
The Bitcoin price dropped to its lowest level in April as financial markets reeled from a surprise tariff announcement by U.S. President Donald Trump. The cryptocurrency fell 8% to $83,162 on April 3, while U.S. stocks recorded their worst single-day session in years. Traders and analysts now eye $90,570 as the critical price to reclaim if Bitcoin hopes to resume its upward trend. $1.6T Wipeout in Stocks Sends Bitcoin Price Tumbling On April 3, the S&P 500 plunged 4.2% at the open—its largest daily decline since June 2020. The Nasdaq Composite dropped 5.23%, while the Dow Jones Industrial Average fell…
Brazil’s top financial policy body banned some pension funds from investing in cryptocurrencies because they are too risky. The National Monetary Council (CMN) forbade closed pension entities known as Entidades Fechadas de Previdência Complementar (EFPCs) from allocating any portion of their guarantee reserves into bitcoin (BTC) or other digital currencies. The EFPCs manage retirement savings for tens of thousands of unionized and company-employed workers and their reserves are typically made up of bonds and equities. “The resolution also prohibits investments in virtual assets, considering their specific investment characteristics and associated risk,” a Ministry of Finance notice circulating among local news…
Ripple USD (RLUSD), Ripple’s recently released stablecoin, is creating quite a stir. A remarkable $10 billion milestone on well-known platforms like Kraken and an 87% increase in trading volume have made RLUSD one of the most trending assets at the moment, according to Santiment. This expansion is directly related to the fact that RLUSD has been integrated into Ripple’s strong payment systems, which has simplified cross-border transactions and drawn increased institutional interest. With Ripple’s ecosystem, which is already well-known for its enterprise-grade blockchain solutions, RLUSD has a solid platform on which to grow. As RLUSD starts to provide a substitute…