Author: NBTC

Get ready for some eye-popping numbers! The crypto market in South Korea is experiencing significant growth, showcasing robust activity and increasing investor interest. Recent data reveals a substantial surge in crypto trading volume, painting a clear picture of the nation’s expanding digital asset landscape. What Does the Latest South Korea Crypto Data Show? According to a recent study by the Financial Services Commission (FSC), South Korea’s crypto market saw a remarkable increase in activity during the latter half of 2024. The study, covering the period from July to December, provides concrete figures on trading volume and market capitalization. Total Trading…

BlackRock revealed its Bitcoin-related holdings, primarily tied to its multi-billion-dollar investments in Strategy. Major financial institutions are steadily building their Bitcoin (BTC) positions. According to BlackRock’s form 13F filing, detailing its institutional holdings for the first quarter of 2025, the asset manager held $5.4 billion in Bitcoin-related equities in the United States. 🔥 BLACKROCK’S 13F FILING SHOWS $5.4B+ IN BITCOIN-RELATED HOLDINGS!!!GIGA BULLISH!!! pic.twitter.com/Qm9QXFVKZM — Kyle Chassé / DD🐸 (@kyle_chasse) May 5, 2025 The vast majority of these assets come from BlackRock’s exposure to Michael Saylor’s Strategy, which is currently the biggest Bitcoin holder. The company makes leveraged Bitcoin buying the…

Crypto traders are betting big on ether ETH$2,515.30 in the wake of the recent rally.Last week, block traders, typically institutions and large players, executed bull call spreads on ether, purchasing the $3,500 call options while simultaneously shorting an equal number of calls at the $6,000 strike, both set to expire on Dec. 26. Traders executed the strategy via over-the-counter platform Paradigm, which was later listed on crypto exchange Deribit. Traders executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separate trades, spending just over $7 million in initial debt/cost. The strategy will yield the highest profit if ether rises…

U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and lawmakers advancing a tax bill expected to add significantly to federal deficits. The S&P 500, coming off a five-day winning streak, rose slightly, while the Nasdaq Composite rose 0.01%. The Dow Jones Industrial Average rose 0.3%, with support from a rebound in UnitedHealth Group shares. Moody’s late Friday downgraded U.S. debt to AA1, citing “persistent, large fiscal deficits” and higher interest costs. The move came as the House Budget Committee approved a tax-and-spending plan from President Trump that…

Ripple teams with local groups to test blockchain traceability and credit tools for 300 Colombian farmers. Farmers use QR codes to track panela crops, sell transparently, and repay loans after harvest. Ripple, in partnership with Colombian agriculture technology company WËIA and venture arm Mercy Corps Ventures, has launched a six-month pilot that is designed to reshape agricultural finance and traceability for small farmers in Colombia. The initiative is XRP Ledger-powered and is set to impact 300 farmers, providing a blockchain-powered supply chain model that could solve long-standing problems in the agriculture sector. Excited to launch our latest Ripple Impact collaboration…

Since President Donald Trump’s return to office, state-level Bitcoin reserve proposals have increased significantly across the United States. Trump’s campaign emphasized a national Bitcoin stockpile, sparking legislative interest in digital assets at the state level. Although federal action remains limited, several states are now acting independently to integrate Bitcoin into public financial policy. These efforts have led to a mixed landscape, with some states passing legislation, others considering similar measures, and several rejecting such proposals outright. Texas Advances Bitcoin Reserve Bill to House Floor Texas has made major progress on its strategic Bitcoin reserve legislation. On May 7, the House…

Kraken is rolling out regulated crypto derivatives trading in Europe, compliant with the European Union’s Markets in Financial Instruments Directive (MiFID II). The crypto exchange’s perpetual and fixed maturity futures contracts will now be available for retail and institutional customers in the European Economic Area (EEA), the firm said on Tuesday. Permission to trade crypto derivatives came via a Cypriot investment firm called Greenfield Wealth, which Kraken acquired earlier this year, securing the exchange a license from the Cyprus Securities and Exchange Commission (CySEC). The crypto derivatives space has seen some significant moves lately, with big players like U.S.-listed Coinbase…

In the last 24 hours, Bitcoin (BTC) traders faced $81.94 million in total liquidations, with $73.55 million of it coming from long positions. Shorts? Just $8.39 million. That is a 9-to-1 imbalance — a 900% spike favoring one side — welcome to one of Bitcoin’s most extreme lopsided liquidation events in recent times. It happened as part of a larger trend of liquidations in the crypto space; in total, $209.97 million in positions were cleared out in just one day, hitting over 74,000 traders. Just as with Bitcoin, the longs took the brunt of the damage — $167.03 million versus…

Internet capital markets offer a new way for projects to launch and raise funding without traditional hurdles. In this guide, we cover some of the top internet capital markets projects and how to stay safe when navigating this new sector in 2025. In This Guide: Top internet capital markets projects What are internet capital markets (ICM)? Where to find internet capital markets projects? How to stay safe navigating ICM projects A new frontier for funding Frequently asked questions Top internet capital markets projects Internet capital markets are the latest trend in crypto. Here are some of the top projects you…

As became known thanks to Arkham data, more than $1.6 million worth of Shiba Inu (SHIB) tokens were transferred out of a Coinbase hot wallet into an unknown address earlier today. A total of 106,274,356,242.89 SHIB tokens – collectively worth about $1.6 million at today’s prices – left a hot wallet of a popular crypto exchange and were routed to an unknown address. The receiving wallet, 0xF9F08451, is not linked to any major exchange or known service, so its purpose is unclear. This transaction occurred about eight hours ago, and the full balance remains untouched in the destination wallet. There…