Author: NBTC

A prominent whale on the decentralized exchange Hyperliquid has significantly increased its already massive long position in Ethereum. According to data shared by on-chain analytics account AmberCN, the trader added 9,000 $ETH to their position, bringing the total to 108,000 $ETH. At current market prices, that position is valued at approximately $245 million. Details of the Whale’s Position The whale’s average entry price for this long position is around $2,271 per $ETH. This means the trader has been building this position over time, likely during recent price dips. The addition of 9,000 $ETH represents a notable vote of confidence in…

The Federal Reserve left interest rates unchanged, but the decision itself was almost beside the point. What rattled crypto markets was a single phrase buried in the policy statement that traders and analysts pulled apart within minutes of its release. Gone was the familiar characterisation of inflation as “somewhat elevated.” In its place, the Fed said inflation “is elevated.” The odds of any rate cut in 2026 fell immediately to a new low of 44%. Bitcoin slipped toward $75,000. Ethereum dropped below $2,250. What It Means for Crypto Avinash Shekhar, Co-Founder and CEO of crypto derivatives platform Pi42, told Coinpedia…

TL;DR: Ripple Labs is developing a native oracle to connect traditional banking data with the blockchain, directly targeting Chainlink’s (LINK) current dominance. The Real-World Asset (RWA) market, valued at $25 billion, is the primary target following the massive adoption of tokenization by firms like BlackRock. The 2025 implementation of the ISO 20022 standard positions $XRP as a strategic bridge for SWIFT institutions to settle payments interoperably. The digital finance ecosystem is witnessing an unprecedented technical race. Ripple is quietly developing an oracle designed to query banking ledger data, seeking to position $XRP as the ultimate resource for global banking against…

MarsCat Global has announced a strategic alliance with Quantra and confirms they are moving forward in a meaningful way toward the development of Decentralized Physical Infrastructure Networks (DePINs). The joint venture aims to connect real-world computing and energy assets within a privacy-first, peer-to-peer ecosystem. To achieve this, it will combine MarsCat’s serverless communication protocol technology with Real-World Asset (RWA) frameworks developed by Quantra to build base-layer infrastructure for NFT-based networks with greater transparency and scalability in Web3. Standardizing the RWA Infrastructure Quantra has determined to position itself as a utility builder in the RWA layer where RWA fractionalization has been…

Traders face an unfriendly tape in Bitcoin crypto today, with fear high, volatility elevated, and the broader market bleeding while $BTC holds relative dominance. $BTC/$USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Market thesis: controlled bleed, fear peaking Bitcoin against $USDT is trading around $67,700, with the daily trend clearly pointing lower. Price sits below all the key daily moving averages and under the Bollinger mid-band, while market-wide crypto capitalization is down about 2.1% in 24 hours. At the same time, $BTC dominance around 56% shows capital hiding in Bitcoin while the rest of the market bleeds harder. The…

Ethereum trades at $2,300 on May 13, holding inside a rising wedge on the daily chart as JPMorgan files its second tokenized Treasury fund on the network and spot ETFs post their largest single-day outflow in weeks. $ETH Daily Chart: Wedge Tightening Below the SAR and 100 EMA Ethereum Daily Price Action (Source: TradingView) The daily chart shows $ETH recovering inside a rising wedge since the February low near $1,800. Price has reclaimed the 20 EMA at $2,311 and 50 EMA at $2,275, both now sitting as dynamic support. The 100 EMA at $2,341 is the immediate ceiling, with the…

ARK Bought The Dip At $71 The firm also sold 243,147 shares of the ARK 21Shares Bitcoin ETF from ARKW and ARKF. HOOD is now the sixth-largest holding in ARKK with a 4.3% weighting worth $275.3 million, fourth in ARKW at 4.6% worth $75.6 million, and sixth in ARKF at 4.4% worth $36.1 million. For perspective, Tesla, Advanced Micro Devices, and Shopify represent the top assets in those funds with weightings of 9.7%, 9%, and 9.4%. ARK typically adjusts holdings so no single stock exceeds 10% of a fund’s portfolio, actively rebalancing when asset values fluctuate significantly. Why Wood Is…

In a definitive move that clarifies its upcoming ecosystem expansion, the cryptocurrency exchange Backpack has officially announced that its native digital asset will carry the ticker symbol ‘BP’. This revelation, made via the social media platform X on March 18, 2025, directly precedes the platform’s scheduled Token Generation Event (TGE) set for March 23. The announcement provides crucial clarity for investors and market watchers tracking the evolution of exchange-based tokens, a significant segment of the digital asset economy. Backpack Token BP: Decoding the Ticker Announcement The selection of ‘BP’ as the ticker follows industry conventions for exchange-native assets, often using…

Coinbase announced that it has restored its transaction services, which were halted following an outage in Amazon Web Services (AWS) infrastructure. The problem stemmed from failures in some infrastructure components caused by rising temperatures at an AWS data center in northern Virginia, USA. During the outage, Coinbase switched the market to “cancel-only” mode to protect user transactions. In this mode, users could only cancel existing orders, and no new buy or sell transactions could be made. The company later gradually reopened trading services, first stabilizing the market in “auction” mode before returning it to normal trading. Coinbase stated that the…

As part of efforts to accelerate scalable growth in Web3 gaming for seamless user onboarding, Funton.AI, a modular multi-game platform, today entered into a strategic partnership with Ads3, a Web3 intelligent advertising platform. This collaboration enabled Funton.AI to integrate Ads3’s decentralized advertising infrastructure to fix significant obstacles in customer engagement and marketing efficiency in the Web3 space, consequently improving its market competitive advantage. Funton.AI is a renowned decentralized multi-chain gaming network powered by artificial intelligence, allowing people to access different casual mobile games. Its gaming platform, which is built on the TON blockchain, enables users to play various games directly…