Author: NBTC

The Trade Desk (NASDAQ: TTD) shares suffered a brutal 38% plunge on Friday, closing at $54.23 in their steepest single-day drop on record. Year-to-date, the stock is now down 54%. The selloff erased massive market value, delivering a blow to top shareholder BlackRock, which holds 26.87 million shares, about 6.05% of the company, worth roughly $1.46 billion as of March 31, 2025. Why TTD share price is collapsing The collapse came after The Trade Desk’s second-quarter results revealed slowing growth, rising competition from Amazon, and key leadership changes. Interestingly, the quarter marked the company’s first earnings release since joining the…

It appears the moment has finally arrived. Ethereum is closing in on a new all-time high after nearly four years. With this momentum, many investors are eyeing the $5,000 mark as a realistic target in the weeks ahead. Technical Analysis By ShayanMarkets The Daily Chart On the daily chart, it’s clear that since ETH’s rebound from the 100-day moving average near the $2,100 mark in June, the price has been on a steady upward trajectory. Now, Ethereum is rallying almost vertically, closing in on a new all-time high. With the current momentum, even the $5,000 psychological level appears within reach.…

Nasdaq-listed solar power company VivoPower International PLC saw its shares jump 32.12% to $5.10 on Friday after the company announced plans to purchase $100 million worth of privately held Ripple Labs shares, expanding its XRP-focused digital asset treasury strategy. The move, which follows two months of due diligence, will see VivoPower acquire Ripple shares directly from existing shareholders, pending approval from Ripple’s executive management, the company said in a Friday press release. “Our portfolio construction strategy is to buy a combination of Ripple shares and XRP tokens. This will allow us to optimize for yield maximization while also minimizing the…

Over the last six months, Ethereum (ETH) outperformed Bitcoin (BTC) having gained 67% in value vs Bitcoin’s modest 20% performance. While Bitcoin is in its own category as digital gold, without the pseudo-scarcity of gold, Ethereum functions as a smart contract workhorse. From Ethereum’s inception to the transition from proof-of-work to proof-of-stake, the blockchain expands from Bitcoin’s long-term monetary anchor into a programmable economy. Ultimately, any existing financial service could be made into a decentralized application (dApp) – automated, running 24/7, and trustless. However, the network effect made Bitcoin one of a kind. No other coin can approach its security…

Commodity-backed cryptocurrencies, which are dominated by gold-backed tokens, have seen a historic surge in issuance this week, with minting volumes hitting their highest point in at least five years. The leap comes after gold futures traded above a $3,500 all-time high this week, after the Swiss Precious Metals Association warned that the U.S.’s 39% tariffs on Switzerland could have “negative impact” on the international flow of physical gold. Both gold spot and futures fell after the initial surge, when a White House official told Bloomberg that the President would introduce a policy clarifying that imports of gold bars should not…

The cryptocurrency world recently buzzed with news of a significant Metalpha ETH transfer. Hong Kong-based digital asset manager Metalpha executed a substantial move, withdrawing 13,000 ETH, valued at an impressive $61.38 million, from the Aave decentralized finance protocol. This considerable sum was then swiftly transferred to the Binance exchange, as reported by blockchain analytics firm EmberCN. This kind of movement often signals strategic adjustments within large portfolios, drawing keen interest from market observers. What Does This Large ETH Transfer Signify? When a large ETH transfer of this magnitude occurs, it naturally raises questions about its underlying purpose. Such movements by…

Digital asset investment management firm Digital Wealth Partners Management (DWP Management) has raised approximately $200 million in capital across its fund strategies since April. According to the company’s statement, all in-kind contributions made to date have been made with XRP. DWP Management argued that it offers investors income or long-term growth opportunities, while offering a structure where digital assets are considered direct contributions and there is no need to convert them to fiat. This system, it stated, offers advantages in terms of both efficiency and flexibility. It is argued that these special funds, which operate within institutional-level custody and compliance…

As bitcoin holds around $116,000 mark, the network’s hashrate is steadily pushing its way back toward record-breaking territory. Despite Revenue Loss, Bitcoin Miners Push Network Strength Back to Record-Breaking Levels After climbing to 976 exahash per second (EH/s), the network’s computing power slid back below the 900 EH/s threshold just four days later. As of Monday, Aug. 18, 2025, the global hashrate has rebounded once more, reaching 966.08 EH/s. Hashrate network data source: hashrateindex.com This rebound comes even as falling prices have dragged down mining revenue, with hashprice slipping 7% over the past five days. On Aug. 13, the hashprice—the…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Hong Kong begins its trading day, ETH is changing hands above $4600, down 3% on-day. As ETH is up nearly 16% in the last week, and 45% in the last month, this probably isn’t a concern for most traders. After all, the ETH/BTC ratio has broken above its 365-day moving average, a signal that has…

Regulated Bitcoin (BTC) investment banks are coming to El Salvador, following Thursday’s approval of El Salvador’s Investment Banking Law, which classifies investment banks under different regulations than commercial banks. Investment banks will now be allowed to hold BTC and other digital assets on their balance sheets and offer crypto services to “sophisticated” investors, the equivalent of accredited investors in the United States, Juan Carlos Reyes, president of El Salvador’s Commission of Digital Assets (CNAD), the government’s crypto regulatory agency, told Cointelegraph. He added: “The new Investment Banking Law allows private investment banks to operate in legal tender and foreign currencies…