Author: NBTC
Its capital raising efforts likely on hold amid the market panic, Strategy (MSTR) did not add to its bitcoin (BTC) holdings last week. Additionally, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized loss on its bitcoin holdings, according to a filing Monday morning. This follows the adoption of new accounting rules requiring crypto assets to be marked to market. A $1.69 billion tax benefit is expected to partially offset the loss. Strategy raised a total of $7.69 billion during the quarter, $4.4 billion of that from common stock sales and…
According to recently published data, over the past month, hundreds of millions of Cardano’s native coin, ADA, have been moved over the past month. Cryptocurrency trader and analyst Ali Martinez has shared a chart provided by the on-chain data aggregator Santiment to show that in March, large holders, known in the crypto space as whales, unloaded almost 200,000,000 ADA coins. They were wallets holding between one million and 10 million ADA. The supply held by those wallets gradually declined along with the ADA price, as the chart shows — the coin went down from $0.808 to $0.637 and then made…
BAYC Miner, a blockchain-based mini-app driven by Bored Ape Yacht Club #7537 NFT as well as Btok, has announced an exclusive collaboration with Terminus, a blockchain-based platform for payments. The partnership focuses on expediting the crypto usage in the real-world transfers in the APAC region. The platform revealed this collaboration on its official X account. Big news! 🚀 We’re excited to announce an incredible partnership between BAYC Miner and Terminus @terminus_pos 🌐Since 2024, Terminus started bringing its QR code feature to Thailand 🇹🇭 and Vietnam 🇻🇳 – use ThaiQR and VietQR to scan, pay in crypto and go. It’s coming…
The greatest redistribution of wealth in history is on the horizon and features two seemingly distant worlds: that of the baby boomers, nearing retirement, and that of Generation Z, ready to receive an inheritance estimated at 84 trillion dollars in the coming decades. But what happens if this enormous sum of money ends up being invested in Bitcoin? Could this epochal transition of wealth be the opportunity for a radical leap towards a new digital economy? This is the question at the center of a recent episode of Bitcoin Backstage, which featured Isabella Santos in conversation with Dylan LeClair, head…
This is a segment from the Empire newsletter. To read full editions, subscribe. It’s hard to escape the doom-and-gloom headlines — and price action — but what if I told you that real-world assets are still looking good? Before we get into that, I do want to touch on bitcoin’s price action yesterday. There had been a lot of hope that Friday’s lack of a selloff meant that crypto and macro weren’t walking down the same path arm-in-arm. Unfortunately, because bitcoin is still at least somewhat of a risky asset, it has been caught up in the tariff-driven selloff, falling…
Chainlink, a decentralized oracle network that provides reliable tamper-proof data for smart contracts, has recently launchedPayment Abstraction. This system, now live on the Ethereum mainnet, aims to streamline payments for Chainlink services and enhance the user experience. In this article, we’ll break down what Chainlink Payment Abstraction is, how it works, its first application with Chainlink Smart Value Recapture (SVR). What is Payment Abstraction? Chainlink Payment Abstraction is a system that enables users to pay for Chainlink services using various digital assets, such as gas tokens and stablecoins. This payment method is designed to reduce friction, simplifying the payment process…
Binance exchange published its 29th Proof of Reserves snapshot report, based on the one taken on April 1, 2025. The report suggests there has been a drop in some of the largest cryptocurrencies carried by users in the platform relative to last month. Based on the figures, Binance customers’ Bitcoin (BTC) holdings are now at 612,675 BTC. This is down by 15,577 BTC (2.48%) from the March 1 tally. Ethereum (ETH) holdings have also dropped to 5,465,167 ETH. It represented a decrease of 152,248 ETH around 2.71% from last month. USDT holdings registered the biggest percentage decline among key assets,…
An expert has identified a key Bitcoin buying zone around $65K, arguing that activities within this range could lead to substantial gains. Bitcoin has faced challenges breaking through key resistance levels, particularly around the $85,000 mark. As of today, the price of Bitcoin stands at $83,131.52, marking a 1.27% decline in the last 24 hours and a 4.85% drop over the past week. Despite the setbacks, significant support levels continue to pose buying opportunities. According to CryptoQuant’s analyst Boris Vest, the Active Realized Price, excluding long-dormant coins, is around $71,000. This price point has been a key support level in…
Global markets are in turmoil and investors are betting that the Federal Reserve will be forced to step in with aggressive rate cuts as financial stress intensifies across asset classes. Markets Fall as Investors Believe Fed Will Have to Cut Rates in 2025 Bitcoin (BTC) fell 10% on Monday to around $74,500, while U.S. stock markets are on track for their worst three-day decline in years. S&P 500 futures are down nearly 5% in a single session, bringing the total loss since last week to close to 15%. As riskier assets come under pressure, investors are increasingly pricing in a…
The Compound (COMP) price has jumped to an intraday high of $66.28 following the announcement of its listing on Upbit, the largest exchange in South Korea. Upbit announced it is adding Compound (COMP) trading pairs—COMP/KRW, COMP/BTC, and COMP/USDT—to its spot market, sparking a near-100% surge in the COMP price before a slight correction. The announcement from Upbit detailed trading restrictions, such as a five-minute buy order limit and a one-hour restriction on non-limit orders, ensuring stability as the COMP price stabilizes post-launch. This calculated rollout has kept traders engaged and optimistic. This milestone underscores the growing appeal of the Compound…