Author: NBTC
BlackRock, the world’s largest asset manager, has made another massive move by purchasing $240 million worth of Bitcoin. This strategic acquisition comes as the BTC price stages an impressive recovery, bouncing from $85.3K to its current level of $94.3K. With momentum building, many traders and analysts believe a Bitcoin price prediction of $100K could soon become reality — if the trend continues. BlackRock Doubles Down on Bitcoin In one of the most striking pieces of Bitcoin news this week, BlackRock confirmed a fresh $240 million Bitcoin purchase. This move reinforces the company’s long-term conviction in BTC as a critical asset…
Solv Protocol launches FragBTC, allowing Bitcoin holders to earn native yield while maintaining full exposure on Solana’s growing DeFi ecosystem. FragBTC uses SolvBTC.JUP strategy to create BTC yield locally on Solana, avoiding risks tied to cross-chain solutions. Solv Protocol is making a splash in the DeFi space by launching FragBTC, the first Bitcoin (BTC) restaking token that can generate direct yields on the Solana network. This move is part of Solv’s efforts to revive BTC that has so far only been “parked” without much benefit in its holders’ wallets. We’re proud to introduce fragBTC, @solana’s first native yield-bearing Bitcoin! A…
Ethereum (ETH) traders have watched closely as large holders began making major on-chain moves this week. The cryptocurrency surged above key resistance at $1,620, reaching a high near $1,705 earlier and then pushing to nearly $1800. Market participants have questioned whether this momentum could push Ethereum to $1,850. However, recent whale transactions and on-chain activity may influence the direction of the price in the short term. Ethereum Surges Past Key Resistance as Price Targets $1,850 Ethereum started a strong bullish movement as it exited its trading range at $1,555 to $1,620. The price exceeded resistance levels to hit its new…
US President Donald Trump announced tariffs for many countries, including China, at the beginning of April. Later, tariffs were suspended for countries other than China, and tensions with China increased. As China retaliates to Trump’s tariff announcement, tariffs have reached unprecedented levels. While the tariff tension between China and the US has a negative impact on Bitcoin and cryptocurrencies, it has been reported that negotiations are being held to end the tariff tension. While news of tariff negotiations between the two countries supported the recovery in the cryptocurrency market, a surprising statement came from China. According to Walter Bloomberg’s post,…
Justin Sun, founder of the Tron blockchain, has taken to his account on the X social media network to share a surprising statement about Tron’s native crypto TRX and the world’s primary cryptocurrency Bitcoin. Sun highlighted a correlation of TRX to Bitcoin and proudly shared it in his X post. TRX=BTC: Justin Sun Sun drew the crypto community’s attention to an X post published by the user @0xKingsKuan, an ambassador of the Tron Foundation, with 102,700 X followers. The post shared on-chain data provided by IntoTheBlock about a rising correlation between Tron’s TRX coin and Bitcoin. TRX’s correlation with Bitcoin…
Gaming tokens have seemingly been on the sidelines since the 2021 crypto boom. In fact, data from SoSoValue shows that they were the worst-performing crypto basket over the last 12-month period, enduring a 62% drop in the period, compared to a 174% rise on PayFi tokens. However, under the Trump administration’s crypto-friendly stance, it might be changing. Gala Games—a blockchain-based gaming platform—says it became the first crypto gaming company to partner with the White House, bringing a Web3 game Easter Egg Hunt to the 2025 Easter Egg Roll. White House official X’s account also mentioned on the social media platform…
Coinbase is charging ahead in its relentless mission to fully restore crypto staking rights across America, fighting massive barriers and protecting millions in potential staking rewards. Coinbase Fights on to Fully Restore Staking Rights Across the US Crypto exchange Coinbase (Nasdaq: COIN) reaffirmed its commitment to defending crypto staking Friday on social media platform X, calling attention to substantial staking rewards lost by customers in certain states. The company stressed that even as regulatory momentum has shifted, significant barriers remain for some crypto holders. Coinbase emphasized: Your crypto staking is still at stake. While the SEC and 5 states have…
Cryptocurrency analysis firm Glassnode has released some remarkable data on the Bitcoin (BTC) market in its latest report. According to the company’s analysis, as investors’ risk appetite increases, the likelihood of increased volatility in the market is also increasing. According to Glassnode data, open interest in futures markets has increased significantly recently. Since the beginning of March, open interest has accumulated to a total of 281 thousand BTC, up 15.6%. This suggests that investors are starting to use more leverage and price movements may become more abrupt. In particular, the probability of sudden price changes liquidating investors or triggering stop-loss…
Despite the broader crypto market’s upward movement, the NFT market is struggling, with sales volume dropping by 6.15% to $89.4 million. At press time, Bitcoin (BTC) is above the $94,000 level. Ethereum (ETH) is up 0.4% and just below the $1,800 level. The global crypto market cap is now $2.97 trillion, up from last week’s $2.69 trillion. According to data from CryptoSlam, the NFT buyer count has increased by 54.33% to 391,498, while NFT sellers have grown by 45.06% to 223,311. However, NFT transactions have decreased by 10.25% to 1,404,451. You might also like: Senator Lummis blasts the Fed: Anti…
A well-known Ethereum whale is betting against the recent ETH price recovery. On-chain analyst @ai_9684xtpa reported via X that this whale borrowed 4,000 ETH (worth about $7.25 million) from the DeFi lending platform Aave. The analyst noted the whale borrowed this ETH specifically to open a new short position, signaling a cautious or bearish outlook. 「04.13 以来 $ETH 波段获利 102.9 万美元巨鲸」也是头很铁啊，再空一次 ETH！这次能拿回属于他的一切吗🤣04.22-04.25 借币做空 ETH 亏损 38.2 万美元后，11 小时前他再次从 Aave 借出 4000 枚 ETH 并以 $1,808.62 卖空，价值 725 万美元钱包地址 https://t.co/COpoOVctZC本文由 #Gateio |… https://t.co/5U3CpK5FJa pic.twitter.com/hYaLCIxu1l — Ai 姨 (@ai_9684xtpa) April 26, 2025 Whale’s Rocky Recent Trades: Profits Followed by Losses This isn’t…