Author: NBTC

Ethereum (ETH) price has struggled to keep pace with other major cryptocurrencies this cycle. While ETH is up 32% year-to-date, its performance lags significantly behind Bitcoin’s 112% and Solana’s 115% gains. Among the top 10 coins, Ethereum has seen the least growth, outperforming only Avalanche. This lackluster performance highlights growing uncertainty around ETH, as key metrics like whale activity and net exchange flows suggest investors are cautious about betting on Ethereum. ETH Net Transfer Volume Was Positive for 6 Consecutive Days Ethereum’s Net Flow From/To Exchanges has shown notable fluctuations in recent weeks. Between November 13 and November 18, the…

Japanese investment firm Metaplanet saw its shares jump 15.1% on Tuesday after announcing an additional purchase of 124.1 BTC worth approximately $11.3 million. Japan’s Metaplanet Shares Soar 15% After Bitcoin Treasury Expansion The Tokyo-listed company said it purchased Bitcoin at an average price of ¥14.1 million ($91,266) per BTC, bringing its total assets to 1,142.2 BTC, worth approximately $104.8 million. This marks a significant move in the strategy to adopt Bitcoin as a strategic treasury reserve asset, a policy that was implemented in May. Metaplanet’s shares closed at 2,295 yen on Tuesday, with daily trading turnover reaching 21.9 billion yen…

The Ripple escrow unlock schedule has released exactly 1 billion XRP for the month of November, coinciding with a bearish close to October. Market tracking resource Whale Alert spotlighted part of the latest escrow execution movements, which occurred across three uneven transactions at midnight today. Two of the three transactions involved the Ripple address “rw2…3wY.” At midnight today, the Ripple escrow unlock schedule released 400 million XRP worth $203.7 million to this address. Simultaneously, the address also received another batch of 100 million XRP valued at $50.94 million. Interestingly, the “rw2…3wY” has been inactive for a month, a pattern observed…

FIFA and game studio Mythical Games are teaming up to create a new mobile arcade-style soccer game called FIFA Rivals, the companies announced Friday. The free-to-play game, which will be available on iOS and Android devices, will allow players to build and manage their own soccer clubs while competing against others in real-time matches. It’s due out in summer 2025, according to a teaser trailer shared with Decrypt. Mythical Games is the studio behind NFL Rivals, another licensed free-to-play mobile sports game that is built around optional NFTs. Available on iOS and Android since April 2023, NFL Rivals lets players…

Crypto.com and Triple-A have joined forces to revolutionize crypto payments in e-commerce. Crypto.com is the industry leader in regulatory compliance, security, and privacy while Triple-A is a multi-licensed digital currency financial institution. This collaboration allows Crypto.com users to shop directly with cryptocurrencies at the top global level for e-commerce brands. The action will streamline the transactions along with exclusive rewards offerings. This strategic move of the two tech giants aims to expand the crypto payments ecosystem. Further, it will provide a more accessible and seamless shopping experience for users. It will also offer merchants a stable and straightforward way to…

In a Wednesday social media post, MicroStrategy co-founder Michael Saylor recently addressed his controversial comments about self-custody. Saylor has clarified that he supports self-custody for those who are able to safeguard their own private keys. The billionaire has clarified that both individual and institutional owners of Bitcoiners should be free to opt for their preferred form of custody. Bitcoin, according to Saylor, should “welcome everyone” since the flagship cryptocurrency “benefits from all forms of investment by all types of entities.” The comment comes shortly after Saylor downplayed the importance of self-custody during his recent appearance on the “Markets with Madison”…

Robinhood Markets, Inc. announced the acquisition of the portfolio management platform TradePMR, fueling its momentum in the wealth management space. According to their announcement, TradePMR has $40 billion in assets under management and serves the $7 trillion registered investment advisor (RIA) market. Robinhood Acquires TradePMR, Eyes $90 Trillion Wealth Transfer Opportunity Robinhood plans to use TradePMR’s expertise to provide its customers with access to personalized financial advice through RIAs. The acquisition also allows TradePMR advisors to reach Robinhood’s 24 million accounts, primarily made up of Millennials and Gen Z users. “This opens up a brand new TAM for Robinhood to…

Anchorage Digital, a prominent platform for institutional cryptocurrency banking, has recently conducted a major transaction involving Binance, one of the largest cryptocurrency exchanges. The firm withdrew around 10.7 million Ethena (ENA) coins, equating to approximately $4 million. This significant move marks the largest recorded trade of ENA by Anchorage Digital to date, elevating ENA’s status within the company’s asset portfolio. Contents hide 1 Why Has Ethena’s Value Dropped? 2 What Does This Withdrawal Mean for ENA? Why Has Ethena’s Value Dropped? Since its introduction in April 2024, the ENA coin has faced a sharp decline in value, dropping 43% from…

Payments firm Stripe is expanding its crypto products to layer-1 blockchain Aptos (APT) and stablecoin issuer Circle plans to bring its flagship stablecoin, USDC, to the network, ecosystem development organization Aptos Foundation told CoinDesk on Thursday. Until now, USDC has been available on the network only in a bridged version. The stablecoin company will also add Aptos to its Cross-Chain Transfer Protocol (CCTP), a tool that helps move USDC across different blockchains. This will help Aptos better connect with decentralized finance (DeFi) applications. Stripe will provide crypto on-ramp services on Aptos, aiming to help merchants move money between traditional payment…

Bitcoin is retesting the Tenkan line, a crucial level in Ichimoku analysis, which could lead to a bounce or a decline. The lagging span and trendline are providing significant support, indicating potential price stabilization for Bitcoin. If Bitcoin fails to hold the Tenkan line, the trendline and Kijun line are the next critical levels to watch. Bitcoin (BTC) is at a very sensitive level heading into a significant retest of key technical indicators. Experts are currently trying to identify which direction Bitcoin is likely to go up to its next significant shift. The cryptocurrency is now attempting to break the…