Author: NBTC
Ethereum’s price was in a tight range this week as crypto investors remained on the sidelines and exchange-traded fund outflows rose. Ethereum (ETH) was trading at $1,580 on Friday, where it has remained throughout the week. It has risen by 14% from its lowest point this month. Ethereum continues to face many challenges, especially the rising competition from layer-2 networks like Base and Arbitrum (ARB). Other layer-1 networks like Sui (SUI) and Solana (SOL) have continued to gain market share in industries like decentralized finance and gaming. Most tellingly, spot Ethereum ETFs have continued to shed assets this year. These…
Goldman Sachs warns the dollar is set to tumble as aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance. Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out Growing concerns over U.S. trade strategy and a slowing economy are casting a shadow over the dollar’s strength, according to a new report from Goldman Sachs Research, released last week. The firm warned that deteriorating economic indicators, coupled with the expanding use of tariffs, are driving down global confidence in the U.S. currency. The report stated plainly: “US tariffs are expected to…
Ghiblification (GHIBLI), a Ghibli-themed meme coin, has successfully secured listings on several exchanges following its recent launch. The move comes as the cryptocurrency market experiences a surge in the launch of similar tokens. Ghiblification (GHIBLI) Gains Traction with Listings on Gate.io, BingX, and More Inspired by the viral Studio Ghibli AI art trend, the Ghiblification token has quickly gained attention, attracting major exchange listings despite being only two days old. Gate.io, in particular, has added the meme coin to its Pilot Section. “New Listing: GHIBLI from Gate.io Pilot Section. Trading Pair: GHIBLI / USDT. Trading Starts: 02:00 AM, March 28th…
Two brothers charged with stealing $25 million worth of Ethereum launched a novel legal defense in federal court this week: Their case must be dismissed immediately, so they say, because new DOJ crypto policies imply the property they’re accused of stealing can’t really be considered property in the first place. Last spring, the DOJ accused Anton and James Pepaire-Bueno, two MIT-educated coding whizzes, of exploiting the process by which the Ethereum network validates transactions to steal millions of dollars worth of ETH from traders. The brothers were initially charged with wire fraud and conspiracy to commit money laundering. They were…
A viral post on X earned hundreds of thousands of impressions with the allegation that BullX, a multi-blockchain cryptocurrency exchange, “called it quits.” A critic claimed its CEO deleted his Telegram account, underpaid influencers for referrals, and delayed withdrawal requests. BullX is a trading system that allows users to execute trades across several so-called decentralized exchanges (DEXs). BullX emphasizes Solana DEXs but supports several other blockchains and layer 2s. Certain facts are true. BullX has not posted anything on its X account since February 9. There is also contention by several influencers within the X thread about referral payouts. However,…
Bitcoin’s Price Stability at Risk From Potential ‘Basis Trade Blowup’ That Catalyzed the COVID Crash
Bitcoin’s (BTC) recent stability amid Nasdaq turmoil driven by tariffs has generated excitement among market participants regarding the cryptocurrency’s potential as a haven asset. Still, the bulls might want to keep an eye on the bond market where dynamics that characterized the COVID crash of March 2020 may be emerging. Nasdaq, Wall Street’s tech-heavy index known to be positively correlated to bitcoin, has dropped 11% since President Donald Trump on Wednesday announced reciprocal tariffs on 180 nations, escalating trade tensions and drawing retaliatory levies from China. Other U.S. indices and global markets have also taken a beating alongside sharp losses…
After a year of dormancy, an Ethereum whale has resumed market activity, grabbing attention of the crypto community. Today, the whale deposited 1000 ETH worth $1.6 million into Binance, capturing interest from crypto market participants. A whale deposited 1,000 $ETH ($1.6M) into #Binance 13 hours ago after a year of dormancy.Interestingly, these $ETH trace back to withdrawals from multiple CEXs made 5–7 years ago.Currently, the wallet holds 2,001 $ETH, valued at $3.16M.Current Wallet:… pic.twitter.com/ZS8tyAS9lj — Onchain Lens (@OnchainLens) April 18, 2025 Dormant whale deposits 1000 ETH This whale’s re-entrance into the Ethereum market has elicited questions about his intention and…
Strategy’s explosive bitcoin-backed growth has unleashed massive institutional momentum, drawing 13,000 firms and exposing 55 million beneficiaries to MSTR through ETFs, pensions, and retirement portfolios. Strategy Expands MSTR Exposure Across 13K Institutions and 55M Indirect Holders Software intelligence firm Microstrategy (Nasdaq: MSTR), now operating under the name Strategy, made headlines Sunday after its executive chairman and co-founder Michael Saylor unveiled the growing scale of investor interest tied to the company’s stock. Taking to social media platform X, Saylor revealed that the firm has become widely held across both direct and indirect investment channels, reflecting its increasingly central role in bitcoin-focused…
Gemini’s attempt to woo the XRP community has backfired. On Thursday, Dom Kwok, COO and co-founder of EasyA, ran an X poll to find out whether customers would be interested in a card that offers cashback in XRP. Gemini, however, was quick to point out that it already has such a product. The exchange’s credit card offers crypto rewards of up to 4%. Co-founder Tyler Winklevoss has called on the “Ripple army” to sign up for the product on social media. Calling on the @Ripple Army. Earn XRP back with the Gemini Credit Card 💳 every time you swipe. https://t.co/twrp3HhhzL…
The U.S. Securities and Exchange Commission will host the third in its four-part roundtable series on April 25, this time zeroing in on crypto custody. On April 16, the U.S. SEC announced the agenda and panelists for the upcoming April 25 roundtable with a focus on crypto custody. The roundtable—titled “Know Your Custodian: Key Considerations for Crypto Custody”—will bring together key voices in the digital asset space, including Mark Greenberg of Kraken, Rachel Anderika of Anchorage Digital Bank, Veronica McGregor of Exodus, and representatives from Fidelity Digital Asset Services, WisdomTree, and Fireblocks. Commissioners Hester Peirce and Caroline Crenshaw, along with…