Author: NBTC

Crypto exchange Coinbase (COIN) is working with Bybit, one of the largest crypto trading platforms, to explore ways to tokenize, custody and distribute assets such as U.S. public and pre-IPO stocks, a person familiar with the plans told CoinDesk. The talks, which are ongoing, do not involve any sort of stake acquisition or similar deal for Bybit to enter the U.S., said the person, who asked to remain anonymous because they are directly involved in the discussions, dismissing a report of an investment publicized last month. It makes sense for Bybit to partner with an American company, the person said,…

Core Scientific (CORZ) is preparing to raise $3.3 billion through a junk bond sale as it continues its transition toward artificial intelligence-focused data center operations. Demand for AI services has pushed data centers, power supply and advanced chips to their limits. To keep up, firms are tapping riskier parts of the debt market for funds to keep developing their operations. Core Scientific, once a bitcoin miner, sold $175 million in bitcoin last month to further its AI pivot. Borrowers linked to AI infrastructure have raised $17.9 billion in junk bonds so far this year, Bloomberg reported. CORZ itself is building…

Ethereum is trading around $2.3k, holding near its highest levels since the February crash. Yet, there are signs of short-term fatigue after failing to sustain a breakout above the $2.4k resistance zone. The broader recovery remains intact, but the repeated failure at this ceiling is becoming a pattern that buyers will need to decisively break to shift the narrative. Ethereum Price Analysis: The Daily Chart The price is pressing against a genuinely significant confluence on the daily chart, comprised of the 100-day moving average and the $2.4k supply zone. $ETH has now closed above the long-term descending channel after months,…

Kalshi may soon be at the center of the conversation, as stock markets reached all-time highs last week, though the surge may be short-lived due to growing inflation and an impending legal dispute over prediction platforms. The S&P 500 and the Nasdaq Composite both climbed to record levels in recent days, fueled largely by investor excitement over the potential earnings boom from artificial intelligence. The Dow Jones Industrial Average lagged behind but remains close to its own record. Still, economists and traders are watching one number very closely right now: inflation. And what they are seeing is not encouraging. On…

Paybis, a crypto exchange and custody platform, has compiled new data showing that more than three-quarters of its Business-to-Consumer (B2C) activity is driven by returning customers, the company disclosed to Finbold on Monday, April 20. While crypto has been considered a part of the financial mainstream for several years now, debates surrounding user churn and the fleeting nature of retail participation are still persistent. The new statistics, Paybis argues, suggest the paradigm might be shifting. When it comes to Paybis specifically, 2026 marks its 12th anniversary, and nearly 7 million customers on the platform are showing a notable reversal in…

The aftershocks of the Saturday’s KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious. Int he first 24 hours post the attack, users on Aave borrowed approximately $300 million against their tether deposits of stablecoin tether on the platform, according to Chaos Labs data. The borrowing spike isn’t a sign of demand; it is a sign users can’t withdraw. With stablecoin pools maxed out, depositors are taking loans against their own funds at a loss just to access liquidity. Think of it this way: Imagine a bank refusing to process customer fiat deposit withdrawal requests.…

Ethereum’s market structure is tightening as staking activity continues to rise, steadily reducing the liquid supply available for trading. With over 32% of $ETH now staked, a significant portion remains locked, which compresses the tradable float across exchanges. This shift matters because it directly impacts market depth, making order books thinner over time. Source: TokenTerminal As liquidity tightens, price becomes more sensitive to incoming demand, which allows even moderate inflows to drive sharper upside moves. However, this same condition introduces fragility, as thinner liquidity reduces the market’s ability to absorb selling pressure. If support weakens, downside moves can accelerate quickly,…

U.S. CLARITY Act faces a May delay as banks fight stablecoin yields, clashing with a White House report that says the lending impact is just 0.02%. The U.S. CLARITY Act, a landmark effort to define stablecoin and broader crypto market structure, is at risk of being pushed from an expected April review into May as bank lobbying around stablecoin yield provisions intensifies on Capitol Hill. According to newsletter outlet Crypto In America, the Senate Banking Committee has until Friday to decide whether to notice the bill for markup the week of April 27, but the calendar is already crowded by…

OKX founder Mingxing “Star” Xu boosts ZachXBT’s bounty on alleged $RAVE token manipulation to $25,000 after a 95% crash from roughly $26 to near $1 wipes out billions in value. OKX founder and CEO Star said the exchange will contribute an additional $25,000 bounty to back on‑chain investigator ZachXBT’s probe into suspected market manipulation of the $RAVE token, adding to the sleuth’s own reward pool. OKX joins hunt for $RAVE manipulators In a post amplifying ZachXBT’s thread on X, Star said OKX’s “risk engine is monitoring the situation closely” and that the exchange would “support any efforts to uncover insider…

The crypto market is trading back in familiar territory following a short-lived spike to its highest point since early February on Friday. Bitcoin is trading a hair under $75,000 while ether ($ETH) is at $2,300, both significantly lower than Friday’s highs of $78,300 and $2,460. One reason for traders to be bullish is that the bitcoin futures market on the CME, a venue favored by institutions, closed at $77,540 on Friday and opened at $74,600 to create “CME gap” that spans 3.8% to the upside. A similar gap occurred last week and was filled before the end of the day…