Author: NBTC
Bitcoin ETFs saw $5.13 billion in inflows since mid-April, with BlackRock leading the charge. Along with it, Bitcoin whales have added over 81,000 BTC in the last six weeks, accumulating quietly. All eyes are on the upcoming FOMC meeting, with a 98% chance of unchanged rates. While everyone’s eyes are on the upcoming Fed decision on May 7, something much bigger might be happening quietly in the background. Since mid-April, billions of dollars have been flowing into Bitcoin ETFs — but that’s not all. Bitcoin whales have also been buying huge amounts of BTC, even though the market hasn’t made…
Equilibria, a leading open-source platform to generate decentralized and private oracle solutions, has announced its latest partnership with Superform Labs, a permissionless marketplace providing cross-chain yields to DeFi protocols. The collaboration focuses on launching $SuperETH, an exclusive product to assist consumers in earning massive yields on Ethereum ($ETH) holdings. The platform took to its official social media account on X to reveal this development. SuperETH is now live on Equilibria — ready to maximize your yield with double-digit boosted APY and 50x @superformxyz Points on top!🔥SuperETH optimizes ETH returns across top lending protocols like Morpho and Euler, giving you extra…
UBS says its wealthy clients are pulling money out of U.S.-dollar assets and shifting their investments to gold- crypto, and Chinese markets over trade tensions and a volatile global economy. Investors felt safe keeping most of their wealth in U.S.-based assets for years because of the country’s strong economy, stable currency, and deep financial markets. Still, recent trade disputes, new tariffs, and concerns about the long-term strength of the dollar are crushing their confidence. UBS clients reduce U.S.-dollar exposure as volatility rises The co-head of wealth management for Asia at USB, Amy Lo, said that the company’s wealthy clients are…
⚈ Ripple re-locked 700 million XRP on May 1, easing sell-off concerns.⚈ No new XRP is entering circulation for May, helping stabilize the price.⚈ XRP lags behind Bitcoin, rising only 4.25% in the past 30 days. Ripple Labs’ completed its scheduled monthly rebalancing on May 1, moving 1 billion XRP and relocking a significant portion of the tokens back into escrow. The digital assets company, per its usual pattern, was scheduled to unleash 1 billion tokens worth approximately $2.2 billion from two wallets, Ripple (26) and Ripple (27). In a reassuring sign for investors, no new XRP will be released…
Vladimir Smerkis, co-founder of the crypto game Blum and former head of Binance’s CIS division, has been arrested in Moscow on suspicion of fraud. The Zamoskvoretsky District Court ordered his detention this week. Authorities have not disclosed the specifics of the alleged criminal activity. Blum Distances Itself From Vladimir Smerkis Blum rose to prominence as part of the “tap-to-earn” wave—games where users repeatedly tap their screens to earn digital tokens. In Blum’s case, players tapped falling snowflakes to collect in-game currency, which the project claimed could be exchanged for real-world money. The arrest comes as scrutiny intensifies over tap-to-earn platforms.…
TORONTO — David Goyer, the filmmaker whose credits include the Blade trilogy, The Dark Knight, and Apple TV’s Foundation series, said Friday he is building a new blockchain-based science-fiction universe called Emergence. The world of Emergence, according to Goyer, features spaceships, relic-hunting and white holes — science-fiction staples that will serve as the foundation for a sprawling transmedia project built inside Incention, Goyer’s new blockchain platform. In a panel discussion at CoinDesk’s Consensus conference in Toronto, Goyer appeared alongside SY Lee of Story Protocol, the intellectual property-focused blockchain upon which Incention and Emergence are based. There, Goyer laid out his…
Santiment reports large Bitcoin wallets are steadily accumulating as small holders sell, signaling potential for a breakout ahead. Notably, Bitcoin surged above $97,000 on May 7, marking a significant price breakout following a period of tight consolidation. Interestingly, amid the renewed momentum, broader market behavior indicates that the underlying support may be driven more by accumulation patterns than by immediate speculative interest. Whales Accumulate as Small Holders Reduce Exposure Throughout recent volatility, data from Santiment reveals that wallets holding between 10 and 10,000 BTC—known to correlate closely with market trends—have increased their balances. Specifically, over the past six weeks, these…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Right now, protocols are stuck: cycling between incentive-driven inflows and inevitable outflows of liquidity as providers chase higher and higher returns. Even with existing bridging and wrapping solutions, because of concerns around complexity and security, most retail investors are unable to or unwilling to distribute their assets effectively across protocols. This leaves over $400 billion worth of idle assets locked across siloed chains whilst protocols across DeFi compete for limited liquidity, their demand vastly outsizing the available…
Brian Armstrong, CEO of Coinbase, extended an invitation to members of the Department Of Government Efficiency (DOGE) team to consider joining the crypto exchange’s workforce. In a post on May 13, Armstrong said the offer was a “call to service” for those who want global financial reforms through crypto. “This is an open call for any DOGE staff.If you are looking for your next mission after serving your country, consider helping create a more efficient financial system for the world at Coinbase. We’ve set up an accelerated interview/hiring process in recognition of your proof-of-work,” the Coinbase CEO wrote, also sharing…
With XRP’s widespread adoption growing across the DeFi ecosystem, the total amount of XRP locked in automated market maker (AMM) pools has reached 14,140,665 XRP as of May 2nd, according to the latest data from on-chain monitoring firm, XRPSCAN. This marks a notable milestone for the XRP community, signaling increased liquidity provision as the demand for XRP-based DeFi platforms continues to grow significantly. XRP liquidity soars As investors are increasingly showing interest in the third-largest cryptocurrency according to market capitalization, they have continued to pump more funds into AMM protocols. AMM pools are mechanisms that allow the provision of liquidity…