Author: NBTC

Bitcoin has repeatedly failed to break past the $85K resistance as the market remains devoid of bullish catalysts. Since April 13, the flagship cryptocurrency has traded within a narrow range of $83,000 and $85,000, with price action weighed down by a mix of macroeconomic factors. When writing, Bitcoin’s weekly gains stood at a little over 4% while its market cap hovered around the $1.6 trillion mark. What’s holding back Bitcoin? This week, several bearish forces have come into play, prompting investors to adopt a more cautious stance. This is evident from the Crypto Fear and Greed Index, which is hovering…

In the rapidly evolving realm of cryptocurrency, monitoring the smart-money actions of the wallets we highlighted yesterday—wallets with a history of making timely, profitable trades—can provide abiding insights into emerging trends and narratives. Over the past day, these same wallets have directed their buying power toward a very limited number of sectors, with an unmistakable emphasis on tokens tied to AI, decentralized finance (DeFi), and asset-backed tokens. Contents 1 AI and Agentic Frameworks Catch Smart Attention 2 DeFi Assets Back in Favor with Governance Catalysts 3 Wrapped Assets See Uptick Amid DeFi Usage Growth 4 Smart Money Still Selective in…

“Capital runs as surely and instantly where it is most wanted, and where there is most to be made of it, as water runs to find its level.”— Walter Bagehot (1873) Q: What’s it cost to have dinner with the president? The official website promoting a “Dinner with President TRUMP” pitches the opportunity as “The most EXCLUSIVE INVITATION in the World.” (Reader beware, the site has more capitalization than a German dictionary.) Specifically, the dinner is “Only for the TOP 220 $TRUMP Coin Holders,” which does indeed make it pretty exclusive: You’d need to buy about $380,000 of TRUMP to…

Former Securities and Exchange Commission (SEC) chair Jay Clayton has taken office as the US Attorney for the Southern District of New York (SDNY). Clayton confirmed his assumption of the role in a statement published on the US Attorney’s website. According to Clayton, the opportunity to serve in that position is an honor, and he looks forward to serving the country and protecting public safety while combating fraud. He also thanked President Donald Trump and Attorney General Pam Bondi for the opportunity. Clayton said: “I look forward to protecting public safety, combating fraud, particularly on the elderly and most vulnerable,…

Gas usage is still a proxy indicator for economic activity on some of the leading chains. Tether emerges as the top gas burner for Ethereum and leading EVM-compatible chains. Conduit Research has tracked the economic activity and gas usage for the past year, profiling some of the leading chains. The Ethereum ecosystem, including the L1 chain, L2 networks and EVM-compatible chains, emerges as the main hub for Tether activity. The Tether smart contract is near the top for most of those chains. Conversely, Solana emerges as a chain for DEX trades, with Raydium burning the most gas for the past…

China is the second-largest holder of Bitcoin, after the United States. It holds no fewer than 194,000 BTC tokens. Unlike the US, China does not have a clear policy on how to handle its Bitcoin reserve. A shocking claim from crypto analyst Leviathan suggests that China may be quietly selling its massive BTC reserves. He even warns that this shadow liquidation strategy could drive Bitcoin prices down to $40K. Unbelievable? Read on! China’s BTC Stash Comes From Criminal Seizures, Not Investments China is one of the prominent economic superpowers, which has not yet developed a clear cryptocurrency policy. Still, it…

Orderly Network, a renowned platform offering infrastructure for DeFi trading, has commenced an exclusive collaboration with Kyrrio, a popular financial entity operating in Türkiye. The partnership intends to expand cryptocurrency access to the consumers in the jurisdiction of Türkiye. The platform disclosed this endeavor in a recent post shared on social media. New Partner Alert: Orderly Goes Big in Türkiye 🇹🇷@KyrrioOfficial, one of the region’s top financial platforms, is now live on Orderly!Coming soon: financial literacy tools, AI-backed trader features, and a full news portal.Live on EVM & Solana, — with ultra-low fees. Let’s… pic.twitter.com/mUKd3YL6TI — Orderly (@OrderlyNetwork) April 24,…

MagicBlock has secured $7.5 million in a seed funding round to support the development of real-time, fully on-chain applications on Solana. The company’s Apr. 25 fundraising announcement named Lightspeed Faction as the lead investor, with participation from Delphi Digital, Robot Ventures, Maven11, Mechanism Capital, and Solana co-founder Anatoly Yakovenko. The round brings MagicBlock’s total funding to $10.5 million, following a $3 million pre-seed round led by a16z CSX in late 2024. The company said the new capital will be used to grow its engineering team and expand infrastructure for developers. MagicBlock is developing a technology called EphemeralRollups, which gives apps…

Ethereum Layer-2 project Tokamak Network has launched a key upgrade to its staking mechanism with the launch of TON Staking V2, designed to directly reward participants supporting its Layer 2 infrastructure. The announcement sent the price of the TOKAMAK token up 4.57%; it’s now trading at $1.22, bringing its 7-day gain to 15%, according to CoinMarketCap data. 🚀 We’re thrilled to announce TON Staking V2, a major upgrade designed to supercharge our Tokamak Layer 2 ecosystem!🔥Dive into the details, technical specs, timeline, and how you can participate!Blog: https://t.co/d6mMKTl5sj#TokamakNetwork #Staking #TokamakRollupHub — Tokamak Network (@Tokamak_Network) April 18, 2025 How Does Staking…

Base, a layer-two blockchain developed by Coinbase, has seen a significant surge in Total Value Locked (TVL) over the last 24 hours following a key integration. It comes amid changing regulatory winds in the US, with President Trump’s pro-crypto stance inspiring bold moves among sector players. Base TVL Soars 20% As Binance.US Adds Support According to data on DefiLlama, Base TVL is up by $557 million. It moved from $2.778 billion on Thursday to $3.335 billion as of this writing, a 20% surge in the last 24 hours. Base TVL. Source: DefiLlama The surge in TVL suggests an increased volume…