Author: NBTC
Ethereum reached a notable milestone earlier this month when the US Securities and Exchange Commission (SEC) approved options trading for several spot exchange-traded funds (ETFs). The move is expected to increase liquidity, attract interest from institutional investors, and solidify Ethereum’s position as a major cryptocurrency. Yet Ethereum’s smaller market cap relative to Bitcoin means it is also vulnerable to gamma squeezes, thereby increasing investor risks. BeInCrypto consulted an expert in derivatives trading and representatives from FalconX, BingX, Komodo Platform, and Gravity to analyze the potential impact of this new characteristic. Ethereum ETF Options Gain SEC Approval The Ethereum community rejoiced…
Strategy (formerly MicroStrategy), the poster child of corporate BTC accumulation, has just added another 3,459 BTC ($285.8 million) to its reserves, bringing its total now to a staggering 531,644 BTC, worth over $35.9 billion, noted blockchain analysis platform Lookonchain. MicroStrategy(@Strategy) bought another 3,459 $BTC($285.8M) at an average price of $82,618 last week.#Strategy currently holds 531,644 $BTC($35.92B), with an average buying price of $67,556.https://t.co/KSIEmEnUzJ pic.twitter.com/siFIoASRXk — Lookonchain (@lookonchain) April 14, 2025 How Leveraged is Strategy Inc After the Latest Bitcoin Buy? While the online rumor mill churns about Strategy being dangerously leveraged, data suggests otherwise. A breakdown of Strategy’s BTC Leverage…
The European Union’s first united framework to regulate crypto assets, Markets in Crypto-Assets (MiCA) is taking shape rapidly. MiCA is now the law of the land across all 27 EU countries. It means that all the exchanges, stablecoin issuers, and token platforms have to follow the same playbook. It’s been 100 days since MiCA’s full application kicked in and only 11 stablecoin issuers have bagged the approval. The cumulative stablecoin market is inching toward the $250 billion mark and Tether remains at the top of that tally. Germany dominates in MiCA application Patrick Hansen, Senior Director of EU Strategy and…
Kraken, one of the world’s largest cryptocurrency exchanges, is restructuring its workforce by eliminating certain positions and merging teams where there is overlap. At the same time, the company is still hiring in critical areas, according to a spokesperson. The company regularly assesses its staffing to ensure it supports its strategic goals. The staff reductions affect all company areas and are part of an ongoing restructuring process that started late last year. This comes after the U.S. Securities and Exchange Commission dismissed a civil lawsuit in March, which had accused Kraken of operating illegally as an unregistered securities exchange. Trump’s…
Bitcoin price started a fresh decline below the $80,000 zone. BTC is now correcting losses and might face resistance near the $80,500 zone. Bitcoin started a fresh decline below the $80,000 zone. The price is trading below $81,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $80,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $81,500 zone. Bitcoin Price Starts Recovery Bitcoin price started a fresh decline below the $82,000 and $81,200 levels. BTC traded below…
Zero Hash, a crypto infrastructure firm specializing in stablecoin payment rails, said it has processed over $2 billion in tokenized fund flows over the past four months as demand for real-world assets is accelerating. Tokenized real-world assets is a red-hot crypto sector, with several global traditional financial firms leveraging blockchain rails to record ownership and move assets such as securities, funds, commodities. They do so to achieve operational gains and near-instant settlements. It’s forecasted to be huge opportunity: BCG and Ripple projected the market to grow to $18 trillion by 2033. Zero Hash’s stablecoin infrastructure serves as a key backbone…
Healthcare technology firm Semler Scientific has reached a tentative settlement agreement with the U.S. Department of Justice (DOJ), disclosing in a Tuesday filing that it was prepared to pay a $29.75 million fine in order to settle all claims tied to potential violations of a federal anti-fraud law related to its marketing of QuantaFlo, its flagship product. Last month, Semler Scientific disclosed that it had received a civil investigative demand, or CID — essentially, a subpoena from a federal agency that typically precedes a lawsuit — from the DOJ back in 2017. In a filing with the U.S. Securities and…
EPT, the native token of Balance, an AI-powered Web3 gaming and social platform, is set to debut on Binance’s Alpha and Futures platforms next week. Binance’s announcement comes ahead of the project’s long-awaited Token Generation Event, which is expected to take place shortly before the listings go live. While the exact timing hasn’t been confirmed, the Balance team hinted in an X post on April 14 that the TGE is “just around the corner.” As per Binance’s official announcement on April 18, EPT will go live on Binance Alpha on April 21 at 12:00 PM UTC. Binance Alpha is an…
China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump’s aggressive tariffs. Crypto analysts anticipate that the yuan’s depreciation could favor bitcoin (BTC), drawing parallels to similar events from a decade ago. Early Tuesday, the People’s Bank of China (PBOC) set the so-called daily yuan fix at 7.2038 per dollar on Tuesday, the weakest since September. The yuan isn’t a free float currency like the USD, euro and other G-7 nations and is allowed to trade in a range of 2% on either side of…
Nasdaq-listed Janover purchases $10.5 million worth of Solana after stock soars to record high
Software company Janover announced Tuesday that it had acquired 80,567 Solana (SOL) for approximately $10.5 million. This marked the firm’s third SOL buy under its digital treasury plan, and it was revealed after its stock hit an all-time high of nearly $66 at market close Monday, per Yahoo Finance data. Shares edged lower ahead of the market open today, but they’re still up more than 1,200% so far this year. The new acquisition boosts Janover’s SOL stash to around 163,651 units, worth approximately $21 million. The purchase was funded through the company’s recently completed $42 million financing round. Janover plans…