Author: NBTC
Hyperliquid is emerging as a leading crypto derivatives trading platform, particularly attracting attention from large investors, often called whales. High leverage support, fast transaction speeds, low fees, strong security, and a dominant market share make Hyperliquid appealing to whales. Hyperliquid Commands Over 60% of the Perps Market Share Hyperliquid has become a standout name among perpetual futures platforms in recent times. According to data from Dune, over the past 24 hours, Hyperliquid’s perps trading volume accounted for 62%, totaling over $10.8 billion. Its weekly trading volume also ranks top, exceeding $36.3 billion. Hyperliquid Perps Trading Volume. Source: Dune With such…
The Blockchain Group (ALTBG), a Premiere Member of Bitcoin For Corporations and Europe’s first publicly traded Bitcoin Treasury Company, has completed two major capital raises totaling over €22 million in less than a week—a bold signal of institutional conviction in its Bitcoin-native strategy. These moves are not just capital raises—they’re a blueprint for how public companies can re-architect their balance sheets around Bitcoin, while attracting world-class partners along the way. Part One: €9.9M Equity Raise Anchored by Major Institutions On May 9, The Blockchain Group announced a €9.9 million capital increase, pricing shares at €1.0932, a 61.7% premium over the…
The Ethereum price today is trading near the $2,500 mark after staging an aggressive breakout from a multi-month downtrend. On the daily chart, ETH surged past the descending resistance line drawn from the December 2024 high, clearing key horizontal levels at $1,950 and $2,200. This Ethereum price spike follows a sharp impulse move that saw ETH rally from below $1,800 to nearly $2,550 in just a few sessions. ETHUSD price dynamics (Source: TradingView) This breakout also confirmed a long-awaited trend reversal, invalidating the previous bearish channel. The Ethereum price action shows strong buyer momentum, but as the price now hovers…
Backpack Exchange has officially launched fund withdrawals for former FTX EU users starting May 12, 2025. Users must complete KYC with their old FTX EU details before claiming available funds. Backpack Exchange has finally opened the withdrawal process for former FTX EU users starting May 12, 2025. This is no ordinary announcement—for the thousands of users who have been waiting for clarity since FTX collapsed almost three years ago, this could be a light at the end of a dark tunnel. Former FTX EU customers may now complete the two-step process to claim their Euro funds via Backpack EU. 1.…
Bitcoin managed to stay above the $ 100,000 level, breaking a historical threshold, and briefly saw $ 106,000. This rise of the largest cryptocurrency, which has gained more than 70% in the last year, has further increased the interest of investors and institutions. Coinbase Institutional Strategy President John D’Agostino participated in CNBC’s Squawk Box program and evaluated the latest developments. D’Agostino stated that Bitcoin should not be evaluated like technology stocks and said, “It is more appropriate to view Bitcoin as a store of value with rarity like gold.” D’Agostino noted that investor interest in spot Bitcoin ETFs has increased…
Ethereum has experienced a notable surge in the past few weeks, reaching a crucial resistance region at the $2.6K level. However, the confluence of key resistance factors at this range suggests a likely consolidation before the next major move. Technical Analysis The Daily Chart ETH has been in a strong and impulsive uptrend, reflecting a clear return of demand and buying strength in the market. The price has now reached a critical resistance zone near $2.6K, which aligns with both the 200-day moving average and the previously broken lower boundary of a multi-month ascending channel. This confluence forms a strong…
Stablecoins are on the verge of mainstream adoption this year as the Trump administration pushes ahead with landmark crypto legislation, investment bank Deutsche Bank said in a research report Monday. Despite some resistance in the Senate last week, the bank said it still expects to see some progress on the stablecoin regulatory front this year. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They play a major role in cryptocurrency markets and are also used to transfer money internationally. The Senate’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A US litecoin ETF — and other altcoin products — will have to wait at least a little longer. But the chance such products see the light of day still appears quite good — and issuers continue plotting more crypto ETFs. The SEC decided on Monday to delay its ruling on Canary Capital’s proposed spot LTC offering. It requested the following: We might not get a ruling until the agency’s final deadline in October. Prior to the Monday delay filing, Bloomberg Intelligence’s James Seyffart held out…
Coinbase CEO Brian Armstrong has laid out an ambitious long-term vision for the company, stating that Coinbase aims to become the world’s leading financial services app within the next five to ten years. According to CNBC, Coinbase’s CEO stated that the crypto platform hopes to become one of the world’s largest financial services firms in a few years, aided by traditional players rapidly adopting cryptocurrencies. “In five- to 10 years, our goal is to be the number one financial services app in the world across those customer segments because we believe that crypto is eating financial services, and we are…
Abu Dhabi has initiated a new project to establish a quantum-resistant blockchain infrastructure for government and economic applications. The initiative, led by the Department of Government Enablement (DGE), aims to protect the emirate’s digital systems against emerging computational threats from quantum computing. It also seeks to enhance Abu Dhabi’s position in advanced technology deployment. Agile Dynamics, a consulting firm with experience in decentralized architecture, is the primary partner supporting the program’s development and execution of this government blockchain UAE project. Sovereign Layer 1 with Post-Quantum Cryptography at Core At the project’s core is designing a sovereign Layer 1 blockchain protocol…