Author: NBTC
Ethereum ETFs have closed yet another week in the red, recording net outflows amid continued investor hesitation. Notably, there has been no single week of net inflows since the end of February, highlighting waning institutional interest in ETH-related products. Ethereum ETFs Face Steady Outflows Ethereum-backed ETFs have recorded their seventh consecutive week of net outflows, highlighting sustained institutional hesitance toward the asset. This week alone, net outflows from spot ETH ETFs totaled $82.47 million, marking a 39% surge from the $49 million recorded in outflows the previous week. Total Ethereum Spot ETF Net Inflow. Source: SosoValue With the steady decline…
British-American investment management firm BlueCrest Capital is reportedly sitting on massive gains after its owner – billionaire Michael Platt – took a bet on the new White House administration. Citing “people with knowledge on the matter” who asked not to be identified, Bloomberg reports that BlueCrest is up 20% on the year already, while taking into account fees and expenses. Platt reportedly used aggressive amounts of leverage to exploit the extreme volatility triggered by President Trump’s trade war, with BlueCrest now on track to complete a decade of consecutive returns. BlueCrest returned capital to outside investors, turning the firm into…
A Solana (SOL)-based decentralized wireless network crypto project is skyrocketing after the U.S. Securities and Exchange Commission (SEC) dismissed its lawsuit against the protocol. In a new thread on the social media platform X, the development team behind Helium (HNT) says that the regulatory agency has dropped its lawsuit against the crypto platform, which alleged that they violated securities laws. According to a press release, Helium developer Nova Labs agreed to pay the SEC $200,000 to settle the accusation without admitting to any wrongdoing. News of the dismissal caused HNT to rally as it went from a low of $2.62…
Bitcoin saw a 21% drop from its all-time high, signaling a correction. Despite the drop, Bitcoin’s long-term trend remains bullish. Key indicators suggest Bitcoin may rebound after oversold conditions. Bitcoin, being the most prominent cryptocurrency in the world, is still subject to enormous price alterations. From the time it reached its all-time high, Bitcoin has seen a discernible drawdown from that ATH. Since its peak value, which was registered in April of 2025, Bitcoin’s price has fallen by over 21%. #BTC Percentage Drawdown From ATHJoin ITC Premium: https://t.co/stpWSCXBGB pic.twitter.com/wPOG0LAVFd — Into The Cryptoverse (@ITC_Crypto) April 11, 2025 This has been…
Blockchain analytics firm Santiment has published a sobering and insightful assessment of Ethereum’s current position in the cryptocurrency market, highlighting its long-standing underperformance against Bitcoin while also offering a nuanced perspective on the road ahead. Ethereum (ETH) has seen a staggering 77% price drop against Bitcoin (BTC) since December 2021, reflecting growing anxiety among long-term holders of the world’s second-largest cryptocurrency. While ETH’s performance in US dollar terms hasn’t been all that bad, investors who bought in November 2021, when ETH reached an all-time high of $4,760, have yet to see profitable exits. Despite maintaining its second-place spot by market…
The Trump administration has eased its trade stance by exempting smartphones, laptops, and other key consumer electronics from a proposed 125% tariff on Chinese imports. These products are also spared from a separate 10% global tariff, offering major relief to the tech industry and signaling a potential shift in the ongoing US-China trade war. The move represents a major softening of President Trump’s trade policies, which have subjected Beijing to escalating economic pressure. US Customs and Border Protection, the agency that issued the announcement, said the tariff exclusions would take effect retroactively from April 5. The exemption applies to most…
When Federal Reserve official Neel Kashkari appeared on CNBC and said the Fed has “tools to provide more liquidity to the market,” Crypto X instantly interpreted this statement as a vow to print dollars. If it happens, what are the implications for Bitcoin? It is not clear if the Fed will use its tools to add liquidity to the market. Agency officials continue to reinforce the idea that they are not in a hurry to take any action regarding the ongoing tariff chaos. The Fed wants to see the results of negotiations between the U.S. and other countries, Kashkari says.…
The cryptocurrency is trading above the $1,400 support and below the moving average lines, but the bulls have been buying the dips. Ethereum price long-term analysis: bearish The price of Ethereum has fallen to a low of $1,383 since April 9, as reported by Coinidol.com. Now, the direction of the market has been the subject of a price war between bulls and bears over the past 48 hours. Ether is reaching its all-time highs today. On the plus side, Ether will rally if buyers lift the price above the $1,750 peak. However, if the bears break through the current support…
Jack Dorsey wants to scrap IP laws entirely. Elon Musk backs the idea, but not everyone vibes with it. The co-founder of Block and Twitter, now rebranded as X, said in a Friday statement that all forms of intellectual property law, such as copyright or patents, should be abolished. delete all IP law — jack (@jack) April 11, 2025 The statement quickly stirred discussion across X, as users weighed in on the role of IP laws in the digital era and how removing them could affect creativity and innovation. Many, including Musk and Bitcoin maximalist Max Keiser, have shown support…
Zypher Network has announced a strategic partnership with Swarm Network to boost the development of decentralized AI agent ecosystems. Swarm, an organization noted for creating a multi-agent collaboration framework and an asset launch platform on the SUI blockchain, will collaborate with Zypher to further the capabilities of trustless AI systems using ZK technology. Zypher Network x Swarm Network Strategic Partnership Announcement!We’re thrilled to announce a strategic partnership with @GetSwarmed, #Swarm is building the premier Multi-Agent Collaboration Framework and Swarm Asset Launch Platform on SUI, enabling users to own, operate, and… pic.twitter.com/iMv9tPNkOg — Zypher Network (Hiring) (@Zypher_Network) April 11, 2025 This…