Author: NBTC
Spot Bitcoin ETFs registered another consecutive day of inflows on Thursday, coinciding with the coin’s rally back above the $100,000 mark for the first time since February. None of the major ETFs saw outflows during yesterday’s session, confirming the renewed institutional confidence in the asset’s long-term trajectory. Bitcoin ETFs See Another Day of Inflows Yesterday, Bitcoin-backed ETFs recorded a net inflow of $117.46 million, down 17% from the previous day’s $142.31 million. While the slight dip may reflect profit-taking after BTC surged past the $100,000 mark, the continued inflows still signal growing investor confidence in the leading cryptocurrency. Total Bitcoin…
Aave Labs has announced a collaboration with Ant Digital Technologies in an effort aimed at building a custom RWA market on Ethereum. The partnership involves Horizon, an institutional-grade decentralized finance products platform launched by Aave Labs earlier this year. Aave (AAVE) founder Stani Kulechov said in an announcement on May 9 that the new market will target qualified users, allowing them to borrow stablecoins with their tokenized real world assets as collateral. “I‘m pleased to announce Horizon’s strategic collaboration with Ant Digital Technologies, one of the largest blockchain technology services providers in the world,” Kuchelov posted on X. “We will…
Ethereum price today is trading near $2,208, holding onto strong gains after an explosive rally pushed it past the $2,200 level during the U.S. session on May 9. The surge came after ETH broke out of a multi-week consolidation range capped by $1,970 resistance. The breakout coincided with a confluence of bullish technical signals, including support from EMAs and expanding volatility bands. ETH price dynamics (Source: TradingView) On the 4-hour chart, Ethereum price action shows a vertical spike from around $1,850 to intraday highs of $2,222, marking one of the sharpest upward moves in recent weeks. The rally began after…
Figment, a major player in blockchain staking services, is actively looking to buy companies in a spree of crypto industry consolidation sparked by renewed optimism over U.S. regulatory clarity. The Toronto-based firm is targeting acquisitions between $100 million and $200 million, with a strong regional presence or within blockchain ecosystems, such as Cosmos and Solana, CEO Lorien Gabel told Bloomberg. He said the firm already has term sheets out for some deals, the report added. Figment helps institutions earn yield by staking, whereby tokens are locked to help secure blockchain networks and validate transactions supported by networks. The company currently…
Key Takeaways HyperSwap is the first native decentralized exchange (DEX) and liquidity hub built on HyperEVM, the Ethereum Virtual Machine (EVM)-compatible blockchain developed by Hyperliquid. It plays a pivotal role in the Hyperliquid ecosystem by providing a permissionless, efficient, scalable platform for trading, liquidity provision, and token launches. Unlike Hyperliquid’s Layer-1 DEX, which focuses on high-performance derivatives trading with an on-chain order book, HyperSwap is a specialized DEX for HyperEVM, enabling seamless interaction among protocols, market participants, and emerging projects. Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who…
Celsius founder Alex Mashinsky will reportedly see out his 12-year prison sentence in a facility that was once described by Forbes as “Bernie Madoff’s desired retirement home.” The FCI Otisville facility, located in the State of New York, is divided into a minimum security camp and a medium security prison. Judge John Koeltl sentenced Mashinsky for fraud relating to the manipulation of Celsius’s token and recommended that he go to the FCI Otisville Camp. Otisville has previously been home to the likes of Donald Trump’s former lawyer, Michael Cohen, Fyre Festival creator, Billy McFarland, and Kenneth I. Starr, the former…
Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street’s estimates, as the company’s focus on lowering costs is seen as positive by analysts. Jefferies analysts said that with the bitcoin BTC$102,524.33 price improving in the second quarter of this year and MARA focusing on more sustainable energy sources such as solar and flared gas-driven data centers, power costs should come down in the coming quarters and help margins. “MARA is expanding infrastructure at its 114 MW wind farm and has fully energized its 25 MW micro flared gas data center,…
SFT Protocol, a chain for interoperable blockchains, has announced its cutting-edge collaboration with Self Chain, a modular Layer 1 blockchain. This strategic step signifies the convergence of decentralized infrastructure and AI. Through this alliance, two innovation-focused platforms come together to introduce scalability, security, and usability of the next-gen blockchain. SFT Protocol has shared this development via its official X account. Thrilled to partner with @selfchainxyz — a Modular L1 and AI-powered intent layer built to simplify Web3 through chain abstraction, keyless wallets, and autonomous execution! 🔥With features like AI Agents, MPC-TSS keyless wallets, and PayFi real-time automation, Self Chain is……
⚈Ethereum jumped 26.78% in one day, adding $66 billion in market cap⚈ ETH now targets $2,476 and $2,739 resistances, with support at $1,934⚈ Long/short ratio at 1.633 signals continued bullish momentum, low bearish pressure In a 24-hour rally that started in earnest on May 8, Ethereum (ETH) rocketed 26.78% to its press time price of $2,451. The sheer magnitude of the move is best seen in the change in ETH’s market cap, which surged by almost exactly $66 billion. Early on May 8, the token’s valuation amounted to $232.84 billion, while at press time in the morning of May 9,…
Banking giant Citi and SIX Digital Exchange (SDX), the digital assets-focused arm of Switzerland’s main stock exchange, are teaming up to tokenize non-publicly traded shares in a move to streamline a $75 billion market that’s littered with PDFs and paper documents. Citi will act as a custodian and issuer agent for tokenized versions of late stage, pre-IPO equities on SDX’s regulated blockchain-based Central Securities Depository (CSD) platform, the companies said on Tuesday. Citi said the platform, which is expected to go live in the third quarter, will exclude U.S. investors, but is otherwise global with an initial focus on Switzerland,…