Author: NBTC

Ethereum trades at $2,300 on May 13, holding inside a rising wedge on the daily chart as JPMorgan files its second tokenized Treasury fund on the network and spot ETFs post their largest single-day outflow in weeks. $ETH Daily Chart: Wedge Tightening Below the SAR and 100 EMA Ethereum Daily Price Action (Source: TradingView) The daily chart shows $ETH recovering inside a rising wedge since the February low near $1,800. Price has reclaimed the 20 EMA at $2,311 and 50 EMA at $2,275, both now sitting as dynamic support. The 100 EMA at $2,341 is the immediate ceiling, with the…

ARK Bought The Dip At $71 The firm also sold 243,147 shares of the ARK 21Shares Bitcoin ETF from ARKW and ARKF. HOOD is now the sixth-largest holding in ARKK with a 4.3% weighting worth $275.3 million, fourth in ARKW at 4.6% worth $75.6 million, and sixth in ARKF at 4.4% worth $36.1 million. For perspective, Tesla, Advanced Micro Devices, and Shopify represent the top assets in those funds with weightings of 9.7%, 9%, and 9.4%. ARK typically adjusts holdings so no single stock exceeds 10% of a fund’s portfolio, actively rebalancing when asset values fluctuate significantly. Why Wood Is…

In a definitive move that clarifies its upcoming ecosystem expansion, the cryptocurrency exchange Backpack has officially announced that its native digital asset will carry the ticker symbol ‘BP’. This revelation, made via the social media platform X on March 18, 2025, directly precedes the platform’s scheduled Token Generation Event (TGE) set for March 23. The announcement provides crucial clarity for investors and market watchers tracking the evolution of exchange-based tokens, a significant segment of the digital asset economy. Backpack Token BP: Decoding the Ticker Announcement The selection of ‘BP’ as the ticker follows industry conventions for exchange-native assets, often using…

Coinbase announced that it has restored its transaction services, which were halted following an outage in Amazon Web Services (AWS) infrastructure. The problem stemmed from failures in some infrastructure components caused by rising temperatures at an AWS data center in northern Virginia, USA. During the outage, Coinbase switched the market to “cancel-only” mode to protect user transactions. In this mode, users could only cancel existing orders, and no new buy or sell transactions could be made. The company later gradually reopened trading services, first stabilizing the market in “auction” mode before returning it to normal trading. Coinbase stated that the…

As part of efforts to accelerate scalable growth in Web3 gaming for seamless user onboarding, Funton.AI, a modular multi-game platform, today entered into a strategic partnership with Ads3, a Web3 intelligent advertising platform. This collaboration enabled Funton.AI to integrate Ads3’s decentralized advertising infrastructure to fix significant obstacles in customer engagement and marketing efficiency in the Web3 space, consequently improving its market competitive advantage. Funton.AI is a renowned decentralized multi-chain gaming network powered by artificial intelligence, allowing people to access different casual mobile games. Its gaming platform, which is built on the TON blockchain, enables users to play various games directly…

As the US-Iran war enters its fifth week, it continues to heighten tensions in the markets. Rising oil prices are increasing the risk of inflation, negatively impacting Bitcoin ($BTC) and altcoins. At this point, Bitcoin and altcoins started the last day of the week with declines. $BTC fell below $68,000, while Ethereum (ETH) approached the $2,000 mark. While some analysts suggest these fluctuations indicate a risk of further decline, Goldman Sachs argues that Bitcoin may be approaching its bottom after a prolonged downturn. Goldman Sachs chief analyst James Yaro stated that the selling pressure experienced since October 2025 has eased…

Ethereum may be approaching a decisive moment right now. The Korean Premium Index has spiked aggressively over the last 24 hours, signalling a noticeable surge in Asian regional demand. At the same time, the number of Ethereum 2 deposits has increased exponentially too, by 4 times – Evidence of a sharp rise in on-chain activity. Taken together, these metrics seemed to suggest something more coordinated – Participation may be picking up on both exchanges and across the network. Is there localized demand strength? The Korean Premium often acts as a sentiment gauge. When it rises, it typically means traders in…

Today, Hiromi Yamaji, the CEO of the Japan Exchange Group (JPX) told Bloomberg that Japan’s first cryptocurrency exchange-traded fund could list as early as next year, accelerating a timeline that regulators and market participants had previously predicted to end in 2028. The new timeline matters for Japanese-listed firms holding a lot of crypto in their books. Just days before Yamaji’s comments, Metaplanet’s head of Bitcoin strategy, Dylan LeClair, urged the global community to oppose a separate JPX proposal (closing on May 7) that would bar companies holding more than 50% of their assets in crypto from the Tokyo Stock Price…

Erik Voorhees’ Venice has rolled out new encrypted AI interface models designed to make privacy verifiable rather than trust-based. Venice AI just released End-to-End Encryption Verifiable by any external party Vires in numeris Here’s how it works 🧵 pic.twitter.com/VZLWarvAUC — Venice (@AskVenice) March 18, 2026 The update adds Trusted Execution Environment (TEE) and End-to-End Encrypted (E2EE) options alongside its existing anonymous proxy access and zero-data-retention processing. TEE, operated by Venice’s external partners $NEAR AI Cloud and Phala Network, runs AI workloads inside hardware-secured enclaves with attestation, preventing access by operators. The company says remote attestation produces cryptographic proof that models…

Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptroller of the Currency (OCC), according to a Friday announcement shared with CoinDesk, as the company looks to expand its regulated digital-asset custody business. If approved, the charter would establish Payward National Trust Company (PNTC), a federally regulated entity focused on fiduciary custody and related services for digital assets. Kraken said the trust would primarily serve institutions and customers seeking bank-level custody protections under OCC oversight. The filing marks Payward’s latest effort to expand its U.S. regulatory footprint…