Author: NBTC

The Ethereum price has jumped back above $2,100 despite broader market volatility, driven by aggressive whale accumulation and tightening supply. However, recent updates reveal that whales are now selling their $ETH, likely taking profit after prices recovered slightly. The key question now is whether this increased selling pressure could trigger a decline in Ethereum, potentially pushing its price back below $2,000 once again. $ETH Faces Heavy Selling From Whales After recording massive accumulations just last week, crypto whales are now back to selling $ETH. A new report released on X by on-chain researcher ‘The DataNerd’ revealed that a 2-year-dormant Ethereum…

Stablecoin risks have entered the global spotlight after South Africa’s top central banker issued a strong warning on digital asset fragility. His remarks reflected growing unease among regulators who monitor crypto markets more closely than ever. Policymakers now question whether stablecoins can maintain their promised stability during market stress. These concerns extend beyond crypto traders and reach the core of global financial systems. The warning comes at a moment when stablecoins play a larger role in payments, trading, and cross border transfers. Their rapid adoption creates efficiency but also introduces structural weaknesses. Regulators fear that confidence driven assets could unravel…

U.S. prosecutors challenged a letter submitted to Judge Lewis Kaplan on March 19 that claimed to come from convicted FTX founder Sam Bankman-Fried (SBF) at the Federal Correctional Institution in Terminal Island, San Pedro. FedEx tracking data showed the package originated in Palo Alto and Menlo Park, California, not from the federal detention facility where SBF is held. Tracking Data Contradicts SBF Letter’s Claimed Origin The letter was intended to support SBF’s Rule 33 motion for a new trial, filed pro se in February 2026. SBF is serving a 25-year sentence after a November 2023 jury conviction on seven counts…

Japan’s watchdog overseeing many activities for cryptocurrency exchanges, has issued warning letters to companies including KuCoin for conducting certain operations without registering, according to a Thursday update from the Financial Services Agency (FSA). According to the agency’s latest list of entities “conducting financial instruments business without registration,” the FSA said platforms KuCoin, NeonFX, theoption, and GTCFX received a March notice for “soliciting over-the-counter (OTC) derivatives trading via the internet.” Of the four platforms, the FSA listed KuCoin, which is headquartered in the Seychelles, as offering services to Japanese residents, while the others have an international user base. Source: Japan’s Financial…

Ethereum moved back above the $2,150 level on the daily chart shared by Ted Pillows on X, putting a key support zone back in focus after a sharp earlier drop. The chart marked that area as an important reclaim point, while also outlining several possible paths for price in the coming sessions. According to the chart, $ETH recovered from a deeper selloff and returned to the green support band near $2,150. That zone now stands as the first level to hold. If buyers defend it, the chart points to a possible move higher toward the next resistance area around $2,400.…

Crypto investment products logged a third straight week of outflows, though the pace of selling eased markedly as digital asset prices steadied after a sharp downturn. Crypto exchange-traded products (ETPs) recorded $187 million in outflows during the week, a sharp drop from the $3.43 billion seen over the previous two weeks, CoinShares reported on Monday. The slowdown came as Bitcoin (BTC) fell to its lowest level since November 2024, with the price touching $60,000 on Coinbase last Thursday. “While flows typically move in line with crypto prices, changes in the pace of outflows have historically been more informative, often signaling…

The House Financial Services Committee will examine tokenization on Wednesday as exchanges, market operators, and regulators push ahead with early efforts to bring stocks, bonds, and other securities products onto blockchain-based rails. Committee materials show a narrower focus for Wednesday’s hearing, however. One bill would require a joint SEC-CFTC study of tokenized securities and derivatives, while another would allow certain regulated firms to use blockchain-based records under future SEC rules. Those discussions follow several steps that have pushed tokenization deeper into policy and market debates.  In January, the SEC said tokenized stocks and bonds remain subject to existing securities…

Coinbase and its top executives have always been seeking clarity from US watchdogs on the use of crypto. In a fresh move, the exchange is ramping up pressure on US lawmakers to revamp how digital assets are taxed. They are arguing that current rules are stuck in a pre-crypto era, which is hampering adoption. Faryar Shirzad, Coinbase’s CPO, believes that a basic mismatch might be a blockage here. The US tax code was designed for “20th-century money,” while crypto operates in an entirely different way. However, treating crypto purely as “property” means that even the smallest transactions can trigger tax…

Ethereum ($ETH) price shows early signs of a potential bullish trend reversal. On-chain data suggests accumulation and weakening selling pressure. A break above $2,300 could trigger further upside momentum. Ethereum has slipped below the $2,200 mark, but the broader picture suggests something more interesting is unfolding beneath the surface. The recent dip reflects short-term weakness, although it does not fully capture the growing signals pointing toward a potential shift in trend. While the price action over the past week shows mild selling pressure, zooming out reveals that Ethereum is still holding onto gains built over the last month. This creates…

China directs major banks to cut new U.S. Treasury purchases due to rising market volatility risks. Chinese U.S. Treasury holdings fall to 17-year low as diversification toward gold and other assets grows. Bitcoin and crypto seen as alternative assets once investors rotate from bonds toward gold-style stores. China has ordered major banks to reduce their U.S. Treasury holdings, signaling a major shift in global finance. The move reflects rising concerns over U.S. debt risks and market volatility Experts believe that this decision could create new opportunities for Bitcoin and the overall crypto market. China Orders Banks to Reduce U.S. Bond…