Author: NBTC

According to on-chain data, 50,600 Ethereum (approximately $181 million) was transferred from Justin Sun’s cryptocurrency exchange HTX to Binance today. These ETH were first withdrawn from the Aave protocol by the HTX Recovery wallet, then transferred to HTX’s hot wallet, and finally sent to Binance. A total of 160,600 ETH (approximately $518 million) was transferred from HTX to Binance via this method over the past week. Today also marked a first in cryptocurrency market history: The total market capitalization of all crypto assets surpassed $4 trillion for the first time, breaking a record. Bitcoin (BTC) and Ethereum (ETH) accounted for…

Glassnode shared a chart showing that Bitcoin Realized Capitalization has surpassed $900 billion and is nearing $1 trillion. This metric, which tracks the value of all Bitcoins at the price they were last moved, is widely viewed as a more nuanced indicator of market strength than traditional market cap. Growth Accelerates as Realized Cap Approaches Historic Level Interestingly, it took approximately two years from 2011 to 2013 for the Realized Cap to go from 1$ million to 1$ billion. On the other hand, the leap from $100 billion to $1 trillion has taken nearly six years, indicating that increasing capital…

The Ethereum-dominated DeFi sector has been growing by leaps and bounds, and according to data from Defillama, the total value locked (TVL) in the sector has once again reclaimed 2022 highs. The surge coincides with what Kobeissi analysts are calling the “LARGEST short squeezes in crypto history” as ETH continues to inch closer to all-time high levels. Source: Defillama DeFi finally recovers from the market crash of 2022 The DeFi sector faced significant challenges in 2022 that have held it down until this year. There was a whopping $3.6 billion lost to hacks, compounded by the market crash that followed…

Japan’s consumer index falls for the third month, raising concerns about household spending and economic momentum. Investors are eyeing Bitcoin as weak consumption data could prompt the Bank of Japan to adopt a more cautious policy stance. Japan’s consumer index fell for the third month in May, pointing to weaker household demand and fresh concerns over domestic spending. The latest data has increased speculation that the Bank of Japan (BoJ) might delay further tightening of monetary policy. Notably, as traditional markets weigh this, Bitcoin could benefit if investors turn to crypto as a hedge. Consumer Spending Weakens Amid Sluggish Recovery…

There is so much speculation about whether the Linea network will launch its native token. Currently, the Consensys-backed Ethereum Layer 2 platform has not made any announcement regarding a token launch. Despite earlier reports and community discussions hinting at a potential launch, the absence of a Token Generation Event (TGE) or any tweet from the protocol regarding a token has kept investors and enthusiasts in anticipation. In light of the growing anticipation and speculation, we are providing a clear and comprehensive overview of the latest developments, community sentiment, and what’s next for the platform. Will a LINEA token be launched?…

Bitcoin hit a new all-time high of $109,565 on Wednesday, completing a substantial comeback (and then some) after dropping as low as $75,000 in early April. The rebound is buoyed by renewed risk appetite from investors as President Trump has toned down his trade war rhetoric, seeking deals with trading partners after slapping them with sizable tariffs. Still, Bitcoin has more room to run, according to the experts—with some industry observers predicting a $200,000 top.  Others are predicting even higher jumps, whether they’re expected later this year or beyond. Here’s a look at some of the massive targets that crypto…

In a development that has sent ripples across the decentralized finance (DeFi) landscape, the Aave DAO, the governing body behind one of the largest DeFi lending protocols, has unveiled a groundbreaking proposal. This initiative suggests a strategic foray into a more centralized domain, specifically planning a launch on Kraken’s Ink network. This move, as cited by DL News from a DAO proposal published on July 17, represents a significant departure from Aave’s traditionally decentralized ethos and has ignited a crucial debate within the crypto community. What’s Driving Aave DAO’s Bold Foray onto Kraken Ink? The core of this ambitious proposal…

The Open Platform, a company building technology on the TON blockchain for use in Telegram, has reached a $1 billion valuation after completing its Series A and extension funding rounds. It is the first company in the TON ecosystem to reach this milestone. The company raised $28.5 million in the extended Series A round. Ribbit Capital and Pantera Capital participated. The Open Platform has now raised more than $70 million in total. The company plans to use the new funds to expand into international markets, including the U.S. and EU. This move supports the global goals of the TON Foundation,…

Several Layer-1 blockchains have been in the limelight due to their unique offerings and evolving ecosystem. As such, the native tokens of these L1 platforms have attracted many crypto enthusiasts and investors alike. Among them, the $CORE token has emerged as a compelling player, blending Bitcoin’s security with Ethereum’s smart contract capabilities. Let us take a look at the $CORE price overview, exploring its current market performance, ecosystem developments, and potential valuation by the end of 2025. What Is the CORE Token? The CORE token is the native utility and governance token of the Core blockchain, an EVM-compatible L1 platform…

Bitcoin’s market is turning hot, with realized capitalization now standing at $3.004 billion in just over 24 hours. Only 0.33% of Bitcoin’s capital is involved in this jump, yet this is a major sign of market accumulation. Bitcoin Increases by Over $3B in 24 Hours“Bitcoin’s Realized Capitalization has increased by over $3B, representing 0.33% of all capital currently invested in Bitcoin. This is a strong signal of market accumulation.” – @oro_crypto Link ⤵️https://t.co/kHOWdWpP8u pic.twitter.com/MEQzMKWPNG — CryptoQuant.com (@cryptoquant_com) May 21, 2025 Investor Trust in Bitcoin is Surging The rising realized cap indicates that investors are now paying higher prices for Bitcoin…