Author: NBTC

Tokenized treasuries products enjoyed significant growth during April, with investors injecting more than $1 billion into the sector since April 1. The funds are enjoying a banner year, with the TVL of tokenized treasuries sitting at nearly $6.16 billion after jumping 78% from late January’s local low of $3.47 billion. TVL of tokenized treasuries. Source: rwa.xyz. BUIDL’s dominance grows The dominance of BlackRock’s BUIDL fund continues to grow, driving 64% of inflows over the past 30 days with $621.7 million, according to rwa.xyz. BUIDL now boasts a TVL of nearly $2.56 billion and accounts for 41.5% of the sector’s combined…

The price of Pi Coin (PI) has slipped below the key $0.60 level, falling by over 3% in the past 24 hours. On a 30-day timeframe, the token has recorded a -15% decline, making it one of the few major cryptocurrencies trading in the red this month. While this downward trend has raised concerns among holders, some traders are starting to wonder if this dip could actually be a strategic buying opportunity. Since mid-April, Pi Coin has been trading sideways in a narrow range between $0.59 and $0.67, and with the current price now testing the lower boundary at $0.58,…

According to new research from Finbold, President Donald Trump’s first 100 days in office have seen a sharp drop in fortunes for Bitcoin (BTC) holders. Despite a surge in optimism after his historic re-election in November 2024. While the billionaire was welcomed for his pro-crypto rhetoric and, thus, Bitcoin soared to new all-time highs (ATH) above $109,000 in his anticipated return to the White House, his actual presidency has so far been more bearish than bullish. As President Donald Trump’s first 100 days in office elapsed, Finbold research uncovered that between January 21 (Trump’s first full day in office) and…

Ethereum’s major holders are returning to the market. Amid the past week’s market consolidation, major players have seized the opportunity to accumulate ETH aggressively. On-chain data reveals an uptick in whale holdings, while ETH-based exchange-traded funds (ETFs) recorded their first weekly net inflow in eight weeks, signaling a significant shift in sentiment. ETH Whale Accumulation and ETF Inflows Hint at Imminent Price Surge According to on-chain data, leading altcoin ETH has noted a significant spike in its large holders’ netflow over the past week. According to the on-chain data provider, this has rocketed 2682% in the past seven days. ETH…

SoFi CEO Anthony Noto has confirmed that the fintech company plans to reintroduce cryptocurrency investing by the end of the year, following a “fundamental shift” in the regulatory environment influenced by policies under the Trump administration. SoFi was compelled to discontinue its crypto investing services in late 2023 as a condition for securing its bank charter during a period of intensified federal scrutiny of digital assets. At the time, users could trade over 20 cryptocurrencies but were either redirected to Blockchain.com or required to liquidate their holdings. Thanks to updated guidance from the Office of the Comptroller of the Currency…

Libre, a tokenization firm that works closely with the likes of hedge fund Brevan Howard, investment management firm Hamilton Lane and Nomura’s digital assets unit Laser Digital, plans to tokenize $500 million worth of Telegram debt as the blockchain-based Telegram Bond Fund (TBF) on the TON network that’s linked to the messaging platform. TBF will offer accredited investors exposure to some of the around $2.4 billion of outstanding bonds issued by Telegram, providing institutional-grade yield products that will also be available as collateral for on-chain borrowing and product development on TON, Libre said. “What we’ve created is like a fixed…

Ethereum price started a downside correction below the $1,780 level. ETH is now consolidating near the $1,800 zone and might aim for a move above $1,820. Ethereum started a downside correction and traded below the $1,765 level. The price is trading above $1,770 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $1,815 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,820 resistance zone. Ethereum Price Eyes Fresh Gains Ethereum price remained stable above the $1,725 level and started…

Crypto firms and major US banks are reportedly closing ranks in the early days of Donald Trump’s second presidential term, who has helped dissolve boundaries that had previously kept digital assets and traditional finance at arm’s length. President Trump’s promises of turning the US into the “crypto capital of the world” have encouraged traditional financial institutions to seek licenses to offer crypto services. The new administration has rolled back several crypto-restrictive guidelines from financial regulators, including the Federal Reserve, Securities and Exchange Commission (SEC), and the Office of the Comptroller of the Currency (OCC). Likewise, Trump 2.0 has opened doors…

Get ready for a significant boost to the ecosystem! The Eigen Foundation, the entity supporting the development and growth of the innovative EigenLayer protocol, has just made a major announcement that has the community buzzing. They’ve detailed the structure for their 2025 community grants program, setting aside a substantial pool of resources to fuel further innovation and expansion. This isn’t just a small fund; the Foundation plans to allocate a massive 40 million EIGEN tokens specifically for these grants throughout 2025. This commitment underscores the Foundation’s dedication to fostering a robust and decentralized ecosystem built around EigenLayer’s restaking paradigm. What…

Gate Group has officially announced that its subsidiary, Gate Technology FZE (“Gate Dubai”), has been granted a full Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). The license allows Gate Dubai to offer exchange services to institutional, qualified, and retail investors, reinforcing Gate Group’s commitment to regulatory compliance and global expansion. Gate Group is proud to announce that Gate Dubai secures Full Operational Licence from VARA in Dubai.From Asia to the Middle East, compliance has always been our shared belief. Looking ahead, we will continue to walk hand in hand to build a more trustworthy…