Author: NBTC

More than $500 billion has been wiped from the crypto market over the past two months, pushing investor sentiment toward Extreme Fear. As investor sentiment weakens, major cryptocurrencies like Bitcoin, Ethereum, and $XRP have dropped 50% and 70% from their recent peaks. Now, popular crypto analyst Ali Martinez believes key on-chain and technical indicators are now revealing where the next major market bottoms could form. Bitcoin’s Key Bottom Zone Emerges Near $43,130 For Bitcoin, Martinez is watching the historical accumulation area identified by the MVRV Pricing Bands, a metric widely used to identify long-term market bottoms. According to his analysis,…

Bank of Korea Governor Shin Hyun-song used his first address in office to prioritize central bank digital currencies (CBDCs) and bank-issued deposit tokens, while leaving out any mention of stablecoins as South Korea weighs new crypto rules. Shin, who began his four-year term Tuesday, pointed to the bank’s ongoing retail CBDC and deposit-token pilot, Project Hangang, and its role in Project Agorá, a cross-border tokenization effort led by the Bank for International Settlements, according to news outlet Chosun. He framed digital currency as part of a broader shift in central banking during a period of economic strain and slower domestic…

Bithumb and Upbit, two of South Korea’s largest cryptocurrency exchanges, have announced they will list CTR, the native token of the Bitcoin-based Layer-2 project Citrea. According to the announcements, CTR will be accessible to investors on June 9, 2026, with trading pairs including Korean won (KRW) and $BTC and $USDT. According to Bithumb, CTR will be launched on the KRW market, and deposit and withdrawal operations will begin within three hours of the announcement. Trading is scheduled to start on June 9th at 3 PM. The reference price is set at 21.61 won, and 200 network confirmations will be required…

Bitcoin’s onchain metrics are flashing their most constructive signals since early February, but underlying seller behavior and derivatives positioning suggest the road to new highs will not be easy, Bitfinex shared in an analyst note to CoinDesk on Thursday. Long-term holders, whose bitcoin holdings have increased by 300% since the end of 2025 to nearly 4 million tokens, have started taking $180 million in profits per day since $BTC rallied to the over the $82,000 level on May 11 before dropping from $81,000 to the lower $79,000s on Thursday. “That is a moderate amount compared with past cycles and suggests…

KOSDAQ-listed technology firm Parataxis Ethereum has expanded its cryptocurrency portfolio, purchasing an additional 398 $ETH, according to a report by Hans Kyungjae. The acquisition brings the company’s total Ethereum holdings to 9,399 $ETH, underscoring a continued institutional accumulation trend among publicly traded firms in South Korea. Details of the Acquisition The latest purchase adds to Parataxis Ethereum’s already substantial position in the second-largest cryptocurrency by market capitalization. At current market prices, 398 $ETH is valued at approximately $1.3 million, though the exact purchase price and timing of the transaction were not disclosed in the initial report. The company’s total holdings…

Attitudes to crypto investment in Japan are shifting from cautious interest to active portfolio planning, according to a survey by Nomura and its digital asset arm, Laser Digital, with almost 80% of the country’s institutional investors saying they plan to add crypto in the next three years. The shift reflects a growing view of crypto as a diversification tool. Many of the respondents cited low correlation with traditional asset classes as a key reason for adding exposure. Allocations, though, remain restrained, with more than half targeting between 2% and 5% of their portfolios. It also reflects improving sentiment: 31% percent…

Cardano’s governance system is facing two deadlines that belong in the same conversation. JPG Store, a prominent Cardano $NFT marketplace whose product page calls it the #1 Cardano $NFT marketplace, began a ‘Restriction Mode’ on April 23 and scheduled its ‘Complete Shutdown for May 23′. The shutdown gives users immediate work to do. The shutdown FAQ tells users to remove listings, cancel offers, and settle or cancel loans before the final date. A separate social-login wallet notice tells users to transfer NFTs, tokens, and $ADA to a self-custody Cardano wallet before access through those wallets ends. At the same time,…

eToro said the value of customer assets on its platform reached $20.1 billion in May, up 18% from a year earlier, as heavy stock and commodities trading offset another drop in crypto activity. The preliminary figures also showed the trading app leaning on two recent acquisitions to lift its headline account growth. The monthly snapshot extends a pattern that has run through eToro’s data all year, with traditional markets activity rising while digital assets fade. Capital markets trades, a bucket covering stocks, commodities and currencies, rose 59% from May 2025 to 64 million. Crypto trades fell 31% to 2.2 million…

Bitcoin mining giant MARA (formerly Marathon Digital) has purchased 1,000 $BTC, valued at approximately $66.7 million. The transaction has been executed through the institutional platform FalconX. This comes following the company’s aggressive streak of selling that took place during the first quarter of 2026. During that specific period, MARA sold a staggering 20,880 Bitcoin for roughly $1.5 billion. MARA’s previous Bitcoin sales Early in the year, the company amended its digital asset management policy for 2026, making it possible to sell the coins that it holds on its balance sheet. This was a significant departure from its 2025 policy, which…

In brief Bitcoin hit an intraday low of $78,795 as ETFs posted $630 million in outflows, the largest daily exit in three months. Strategy’s STRC stock has driven mid-month buying rallies, ramping up from 4,467 $BTC in January to 46,872 $BTC in April. Myriad users remain optimistic, assigning an 85% chance that Bitcoin’s next major move will take it to $84,000. Bitcoin dipped below $80,000 this week, but one analyst expects the decline to be brief—pointing to a structural buying mechanism tied to Strategy’s preferred stock that has fueled mid-month rallies for three consecutive months. The leading crypto is trading…