Author: NBTC

Outspoken Ethereum co-founder and Cardano founder Charles Hoskinson has responded to his exclusion from the guest list for a digital assets summit at the White House in March with a challenge of his own. While major crypto industry representatives including Coinbase CEO Brian Armstrong, MicroStrategy’s Michael Saylor, and Ripple’s Brad Garlinghouse have gathered for talks with President Donald Trump and key advisors, Hoskinson was notable for not attending, despite recent talks regarding ADA’s inclusion in a proposed U.S. crypto strategic reserve. Speaking at Paris Blockchain Week, Hoskinson, a 37-year-old tech expert, downplayed the situation. “A lot of people want to…

Bitcoin has been consolidating above the crucial $80K support level, going through substantial uncertainty. However, this range is expected to hold, potentially leading to a bullish reversal. Technical Analysis By Shayan The Daily Chart Bitcoin has been moving sideways above the $80K key support zone, which includes the 0.5-0.618 Fibonacci retracement levels and the ascending channel’s lower boundary. This area is a critical psychological and technical support, likely filled with buying interest. However, if sellers gain control and push the price below, a wave of long liquidations could trigger substantial declines. The next major trend will depend on Bitcoin’s price…

Hayden Davis, linked to market manipulation of LIBRA and other celebrity meme tokens, is still selling MELANIA. On-chain data shows the early investor is still shedding tokens, using both centralized exchanges and DEX liquidity pools. Hayden Davis keeps selling Melania (MELANIA) tokens, as revealed by Bubblemaps data. Davis, who previously was linked to meme token manipulation, has not faced any sanctions, and continues to use the meme token market to shed his positions. As of March 28, MELANIA was pressured by overwhelming sell orders, with strategic orders bringing the price down every few hours. MELANIA saw overwhelming selling pressure in…

WEMIX, a blockchain gaming token, continues to face regulatory headwinds in South Korea due to a controversial hack and delayed communication by its issuer, Wemade. Now, Bithumb, one of the nation’s largest crypto exchanges, announced that it will extend WEMIX’s classification as a “closely monitored asset,” after recommendations by the Digital Asset eXchange Alliance (DAXA). That monitored status leads to a critical point: a final decision on whether to delist the token the week ending May 2nd. It’s a decision that could heavily impact South Korea’s GameFi ecosystem. Why is WEMIX Facing Delisting Risk? The scrutiny intensified after a February…

At a recent keynote delivered at the MIT Bitcoin Expo, Phong Le, CEO of Strategy (NASDAQ: MSTR), made a bold case for Bitcoin as a core component of modern corporate treasury strategy. With over 528,000 BTC on its balance sheet, Strategy has become the most visible—and arguably the most successful—public company to adopt Bitcoin as a primary reserve asset. “We outperformed the entire Nasdaq, the entire S&P 500, the entire Mag Seven… and we outperformed Bitcoin,” Le told the audience. While Strategy Chairman Michael Saylor laid the philosophical foundation for Bitcoin’s corporate use case starting in 2020, Le’s keynote drove…

This is a segment from The Drop newsletter. To read full editions, subscribe. Just last week at the Game Developers Conference, I caught up with two key members of the Arbitrum Gaming Catalyst Program (GCP): Daniel Peng, founding partner, and Rick Johanson, founding partner and VP. During the interview, they shared a glowing vision for a gaming-focused future on Arbitrum. They said they were talking to 100 different gaming projects to see which ones might build on their chain. “I think where we are in the life cycle of gaming and Web3, is trying to figure out what the biggest…

Just four months ahead of their criminal sentencing for operating a $577 million cryptocurrency mining Ponzi scheme, the two Estonian founders of HashFlare were seemingly mistakenly ordered to self-deport by the U.S. Department of Homeland Security (DHS) — an instruction that directly contradicted a court order for the men to remain in Washington state until they are sentenced in August. In a joint letter to the court last week, lawyers for Sergei Potapenko and Ivan Turogin told District Judge Robert Lasnik of the Western District of Washington that both men had received “disturbing communications” from DHS ordering them to leave…

Bitcoin has been struggling to recover, with its price recently dipping below $80,000, marking a significant loss. The downtrend intensified due to the broader market’s weakness, particularly the impact of US President Trump’s trade wars. The decline in US stock markets since the beginning of the month has affected Bitcoin as the global economic climate worsens. Bitcoin Investors Lose Big The STH (short-term holders) NUPL (Net Unrealized Profit and Loss) has reached an 8-month high, signaling a potential shift in investor behavior. Rising losses in the short term indicate that Bitcoin may have gone through a period of capitulation, meaning…

In recent hours, onchain data has detected interesting transactions by some major crypto whales. Here is a summary of the behavior of the major whales over the past 24 hours. Cryptocurrency analytics firm Onchain Lens has spotted a whale depositing 659,415 Chainlink (LINK) tokens worth around $9.42 million into Coinbase. If the tokens are sold, the whale will make a profit of $3.53 million. Over the past two years, this investor has withdrawn a total of $5.85 million worth of LINK, demonstrating a long-term accumulation strategy ahead of this major move. An early Ethereum ICO participant who has been inactive…

A push by the Trump-era Justice Department to scale back crypto enforcement has done little to deter federal prosecutors from pursuing Braden Karony, the former CEO of SafeMoon, who faces fraud charges tied to the token’s collapse, law360.com reported, citing DOJ filings today (Friday). His upcoming trial in May now serves as a key test of whether the DOJ’s new approach will shield executives from past alleged wrongdoing. In an April 18 court filing, U.S. Attorney John Durham of the Eastern District of New York confirmed that his office would proceed with the case against Karony. Prosecutors Move Forward Despite…