Author: NBTC

Crypto and TradFi markets had a strong opening today, as Bitcoin briefly jumped 5% due to optimism about a tariff deal. China and institutional investors in the US wish to avoid a trade war if possible. Despite these encouraging signs, no deal has actually been reached, and Bitcoin also suffered subsequent losses. The whole market is in a state of flux until the situation becomes more clear. How Will Bitcoin Perform Under Tariffs? The crypto markets are full of fear right now, and it’s difficult to determine a safe bet moving forward. Since the market suffered huge liquidations yesterday, it…

Russia should be eyeing its own fiat-backed stablecoins, a senior finance ministry official has said. According to a Reuters report on April 16, Russia should unveil its own stablecoins after recent events related to the popular U.S. dollar pegged stablecoin Tether (USDT). If launched, these stablecoins could be pegged on other currencies. The incident in question relates to reports that USDT issuer Tether blocked Russia-linked digital wallets belonging to a local crypto exchange that came under sanctions from the European Union. Osman Kabaloev, the deputy head of the Finance Ministry’s financial policy department, says Russia should be looking at “internal…

Although the cryptocurrency market initially withstood last week’s US tariff shock well, led by Bitcoin, Bitcoin lost 4%, Ethereum lost 10%, XRP lost 6.5% and BNB lost 5.91% following the major decline over the weekend. With the decline felt more severely in altcoins, the entire cryptocurrency market lost 4.88% in the last 24 hours, and at the time of writing this article, the total cryptocurrency market value is at the level of $2.53 trillion. However, there will be a large number of token unlocks in many altcoins in the new week. Here is the token unlock calendar we have prepared…

Bitcoin dropped below $77,000 today after US President Donald Trump announced a 104% tariff on Chinese imports, escalating trade tensions that have unsettled global markets since April 2. The tariff announcement sparked volatility across risk assets, with both the S&P 500 and Nasdaq experiencing sharp intraday gains of around 4% before retreating to erase most of their daily gains. Bitcoin followed a similar pattern, briefly surging above $80,000 before falling below $77,000. Ahead of the tariff rollout, President Trump engaged in talks with allies like South Korea and Japan, sparking brief market optimism. The White House said nearly 70 countries…

U.S. stocks see major losses, tech stocks fare the worst as Nvidia risks a $5.5 billion revenue loss due to export restrictions on China. After this week’s relatively low volatility, U.S. stocks are tumbling again. This time, tech stocks and Nvidia were leading the declines. On Wednesday, April 16, Nasdaq was trading at 16,216.68, losing 606.49 points or 3.61%. Still, the rest of the market also suffered, as investors turned bearish due to fears of a trade war. Dow Jones fell 613 points or 1.55%, trading at 39,742.32. At the same time, the S&P 500 was down 125.78 points or…

It’s another day, another round of US tariffs aimed at China. The White House announced new duties reaching up to 245% on Chinese imports Wednesday, marking a significant ramp-up in economic tensions between the two superpowers. The move follows a series of tit-for-tat tariff escalations, with the US citing national security concerns and China’s retaliatory measures as justification for the massive rise. This announcement is fresh, so the full market reaction is still unfolding, but volatility is expected. Previous rounds of tariff hikes definitely caused chaos across financial markets, crypto included. US stock indices experienced notable declines, with the S&P…

A crypto whale has recently incurred significant losses on unstaked Solana ($SOL) tokens. As per the data from Lookonchain, the whale unstaked as well as transacted a massive 202,604 $SOL from the Solana blockchain and transacted them to Binance to mitigate losses. The on-chain analytics firm disclosed this development on social media. A whale unstaked 202,604 $SOL($24.3M) and deposited it to #Binance 2 hours ago to cut losses.This whale withdrew 201,755 $SOL($25M) from #Binance at $124 on March 13—now taking a loss of $678K.https://t.co/GU9oWTCj74 pic.twitter.com/hmFQhkIJTH — Lookonchain (@lookonchain) April 6, 2025 Crypto Whale Unstakes 202K $SOL from Staking to Prevent…

“Hi Curly, kill anyone today,” said Billy Crystal’s Mitch to Jack Palance’s Curly in City Slickers. “Day ain’t over yet,” replied Curly. Bernstein, though, is ready to call it a day, saying bitcoin’s (BTC) being down just 26% from its record high of less than three months ago shows resilience. Previous crises, such as the Covid-19 epidemic and interest rate shocks, saw the world’s largest cryptocurrency “fall of the cliff” with 50-70% drawdowns, the report noted. The price action “suggests demand from more resilient capital,” the analysts led by Gautam Chhugani wrote. “Bitcoin’s digital gold thesis has strengthened driven by…

Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but insists the former’s case is “significantly worse.” The FTX Comparison Tron blockchain founder Justin Sun has compared First Digital Trust’s (FDT) situation, following its reported “unauthorized” transfer of $456 million from TUSD’s custodial funds, to that of FTX weeks before its collapse. While he described both situations as “extremely serious” and “egregious cases of fraud,” Sun insists FDT’s case is “significantly worse.” Sun’s latest remarks on the growing controversy, which saw the stablecoin FDUSD briefly depeg, came just days before…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. If I had a nickel for every time I’ve heard the adage about “putting the toothpaste back in the tube” applied to the Trump tariffs experiment, I could buy…oh, a small fraction of a bitcoin. As much as we might wish the chaos to subside, the norms of mutually-beneficial global trade may simply be over. BTC is regarded as holding up relatively well, but as I see it, it’s more so hanging on by a thread. The kitten “hang in there” meme, if you will. Bitcoin yesterday…