Author: NBTC

The Bitcoin price today is trading around $102,300 after a volatile 48-hour stretch that saw a brief selloff below $101,000, followed by a modest recovery. Despite the rebound, signs of slowing momentum are building as BTC struggles beneath its recent peak of $105,787. What’s Happening with Bitcoin’s Price? BTC/USD price dynamics (Source: TradingView) Looking at the 4-hour chart, Bitcoin price action reveals that BTC remains above its 20 and 50 EMA lines—currently at $102,822 and $100,890 respectively—indicating that bulls still have near-term control. However, the Relative Strength Index (RSI) has slipped to 49, nearing neutral territory after forming a lower…

BlackRock has submitted an amended S-1 form to the U.S. SEC, proposing the inclusion of in-kind creation and redemption for its iShares Ethereum Trust ETF, ETHA. James Seyffart, a senior ETF analyst at Bloomberg, was the first to share details of this filing on X, confirming that the asset manager made the move on May 9. He revealed that the amended form now includes language that would allow in-kind redemptions once the SEC approves. BlackRock Pushing for In-Kind Redemption: What Does It Mean? Seyffart, alongside fellow Bloomberg analyst Eric Balchunas, expects that the agency will approve in-kind processes at some…

CoinShares International Limited, a leading platform providing investment services for digital assets, has announced its latest partnership with Moneyfarm, a well-known digital asset manager. The partnership aims to provide the Italian customers with a seamless exposure to crypto assets in a comprehensively regulated environment. The platform disclosed this partnership on its official account on X. 🤝 We are extremely proud to announce our partnership with @moneyfarmITA 🇮🇹The partnership enables Moneyfarm’s clients to gain exposure to digital assets through the CoinShares’ physically-backed Bitcoin ETP, integrated within a professionally managed portfolio offering up to… pic.twitter.com/JZRV8nPVW3 — CoinShares (@CoinSharesCo) May 12, 2025 CoinShares…

OpenAI co-founder Sam Altman launched Worldcoin in 2023 to give people a digital identity to verify themselves securely and anonymously online. The idea behind the project required people to scan their irises and, in exchange for their personal data, the company would reward them with a small amount of cryptocurrency, which it believed would inspire more people to sign up. Altman expressed his intention for Worldcoin as a “proof of personhood” because AI could mimic human behavior and talk like them, making it more difficult to tell who or what is real online. He also wanted to close the gap…

New York City Mayor Eric Adams has appointed two crypto industry leaders as advisors, just weeks after the US Department of Justice under President Donald Trump dropped a high-profile corruption case against him. The move signals Adams’ renewed focus on digital finance and economic innovation as he works to reposition his administration following months of legal scrutiny. Adams names crypto advisors, announces NYC’s first digital finance summit Speaking at a press conference at Gracie Mansion on May 12, Adams tapped two new advisors, including June Ou, founder of the blockchain-focused firm Figure, and Richie Hecker, a tech investor and Traction…

Gibraltar has teamed up with exchange Bullish to introduce a regulated framework for crypto derivatives clearing, aiming to separate trading and settlement functions. Cryptocurrency exchange Bullish, backed by Peter Thiel, has partnered with the Government of Gibraltar and the Gibraltar Financial Services Commission to create the regulatory framework for clearing and settling crypto derivative contracts. In a Tuesday press release, the exchange said it wants to bring the same level of risk management and oversight seen in traditional markets to the crypto space as there is currently “no regulation that specifically addresses the clearing needs of the crypto industry,” pointed…

In the world of blockchain, decentralization is the core principle. Yet, there’s a limitation built into most blockchains: they cannot access real-world data on their own. This is where blockchain oracles come in. These powerful systems act as bridges, feeding external information into blockchain networks so smart contracts can interact with the world beyond the chain. Whether it’s DeFi protocols calculating interest rates, NFT projects reacting to sports scores, or supply chains tracking product origins, blockchain oracles are the key enablers of smart contract utility. Let’s break down what they are, how they work, and why they matter. What Is…

Whales, the large investors in the Bitcoin market, may offer a critical boost, countering bearish pressure and possibly driving Bitcoin toward new highs. Bitcoin’s Market Top or A Temporary Setback? Bitcoin is showing signs of fulfilling the conditions needed to form a market top. Currently, over 98% of the total Bitcoin supply is in profit, surpassing the 95% threshold typically associated with market tops. Historically, Bitcoin has seen price reversals and declines following such conditions, but the situation could be different this time. The high percentage of profitable supply suggests that many investors are sitting on gains. While this usually…

Ethereum (ETH), which has been notable for its underperformance against Bitcoin (BTC) for a long time, finally made the expected move and started to rise. Ethereum, which rose above $2,500 in a very short time, also pleased its investors. According to a post by blockchain analytics firm Lookonchain, a major crypto whale opened a 2x long position in Ethereum on May 8 at an entry price of $1,930.41, before ETH began its rally. As the price continued to rise, the whale added to his position, making over $10 million in unrealized profits in about three days. This successful operation by…

The Dow Jones Industrial Average surged more than 1,100 points on Monday. The S&P 500 also jumped 3.25%, the Nasdaq Composite surged nearly 4.34%, and the Russell 2000 rose 3.56%. Tech and retail stocks, many of which arebeen heavily exposed to China, led the rally. Tesla gained 7%, Apple rose 6%, and Amazon jumped 8%. Dell and Best Buy also posted strong gains. Following high-stakes negotiations over the weekend in Geneva, U.S. tariffs on Chinese goods were lowered to 30% from recent highs of 145%, while Beijing cut its retaliatory tariffs on U.S. imports to 10%. Treasury Secretary Scott Bessent…