Author: NBTC

Bitcoin’s early March rally has reversed, with the price sliding below $66,000 and hitting a multi‑week low amid geopolitical tensions and U.S. market weakness. Crypto and Wall Street Diverge From Global Indices After kicking off March with a bullish surge, bitcoin now appears destined for a round trip back to its opening levels. The top cryptocurrency tumbled below the $66,000 psychological floor Friday, hitting a multi-week low of $65,505. This price action suggests the “war hedge” resilience that characterized the early days of the U.S.-Israel-Iran conflict has finally buckled under the weight of prolonged uncertainty. The sell-off was not isolated…

Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning the exploiter’s rsETH tokens. Kelp DAO detailed a post-exploit recovery for its liquid staking token rsETH on Tuesday, confirming that the hacker’s tokens were burned on the layer-2 Arbitrum network. The 117,132 rsETH, currently worth about $278 million, will be refilled progressively over two weeks from Aave Recovery Guardian, a multisignature wallet controlled by the DeFi United recovery group and Kelp’s own recovery safe into the LayerZero OFT adapter, a smart contract that handles locking, minting, burning and…

Digital payments are changing rapidly, making the need for faster, cheaper, and easier-to-use financial solutions. Dash is one of the most successful and utility-focused cryptocurrencies, and has announced a strategic integration with QR Wallet that will provide a mobile-first method for everyday users to send and receive crypto payments. Through this integration, both companies plan to develop a highly targeted way to grow together in emerging markets where people increasingly rely on digital assets to achieve financial inclusion often through emergencies. Strengthening the Footprint in Southeast Asia The Southeast Asian corridor, which includes Vietnam, Thailand, and the Philippines, is the…

Bermuda is aiming to show an example how to move crypto into everyday commerce without breaking the financial system, Premier David Burt said onstage at Consensus Miami 2026 on Wednesday. Burt said the tiny island on the Atlantic is expanding its “onchain economy” initiative, a push to get stablecoins into the hands of residents, merchants and local businesses. The project was first announced in January at the World Economic Forum, with stablecoin issuer Circle (CRCL) and exchange Coinbase (COIN). The government plans another airdrop of USDC stablecoin this year, tied to next week’s Bermuda Digital Finance Forum 2026, while also…

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA. But in that digital darkness, one vital financial service continued to operate without interruption: Nobitex, a cryptocurrency exchange linked to Iran’s ruling elite. We compiled the available information about the platform and tried to understand how Iranian authorities use it, what investigations by analytics firms have revealed, and why, despite all these findings, the exchange is still not on OFAC’s SDN List. The scale and scope of Iran’s crypto giant…

Bitcoin is heading into the weekend with broken near-term structure, elevated macro pressure, and a political catalyst that now sits close to the center of the market’s risk map. The technical setup has deteriorated in steps over the past two weeks. The macro backdrop has stayed tight as Treasury yields press higher and Middle East risk continues to filter through oil, inflation expectations, and rate-sensitive assets. Layered on top of both is a familiar variable from recent months, President Donald Trump’s public messaging on Iran, which has repeatedly shifted sentiment across stocks, bonds, oil, and crypto. His prior weekend social…

TaskOn, a well-known Web3 community engagement and growth platform, has partnered with Fortune Global, a popular Web3 prediction market entity. The partnership aims to fortify liquidity infrastructure for decentralized prediction markets. As TaskOn revealed in its official X announcement, the move merges its broader community distribution ecosystem with the advanced liquidity solutions of Fortune Global. So, the development is set to expand the Web3 adoption in the mainstream. 🤝 Strategic Partnership: @Fortuneglobal_ X TaskOn@fortuneglobal_ is officially joining forces with TaskOn to redefine the liquidity infrastructure of prediction markets. This deep strategic collaboration focuses on community growth, ecosystem synergy, and mainstream…

Strategy (MSTR), the largest publicly traded bitcoin holder, has maintained an 11.5% dividend rate for May on its perpetual preferred stock, Stretch (STRC), marking a third consecutive month at that dividend rate. The volume weighted average price (VWAP) during April came in at $99.76, which was close enough to its $100 par value to justify holding the rate unchanged. STRC has seen a series of increases since listing in July 2025 with a 9% dividend as the company aims to reduce volatility and keep the price anchored near its $100 par value. Strategy markets STRC as a short-duration, high-yield savings…

Coinbase is reviewing its exchange infrastructure after an AWS data center cooling failure knocked several trading services offline, blocked some account access, and delayed customer balance displays. CEO Brian Armstrong called the outage “unacceptable” and said Coinbase will revisit tradeoffs around speed, co-location, and faster recovery during infrastructure failures. Key Takeaways: Coinbase CEO Brian Armstrong called the AWS-linked exchange outage unacceptable for customers. Trading, account access, and customer account information were disrupted across several Coinbase exchange services. Coinbase plans to revisit resilience tradeoffs to reduce future outage duration and customer impact. Armstrong Says Resilience Tradeoffs Will Be Reviewed Crypto exchange…

Bitcoin ($BTC) has plummeted below $66K, trading at $65,675 at press time, which is a 3.98% drop in 24h, and a 47.9% dip from its October all-time high ($ATH) of $126K. Source: CoinMarketCap Liquidations in Bitcoin futures positions totaled $189.17 million, with long positions accounting for $173.24 million. Traditional assets have not been spared, with gold and silver witnessing 20% and 45% drawdowns from their ATHs, while the Magnificent 7 stocks fell by upto 34% from their January peaks. Why is Bitcoin down today? Bitcoin’s price has declined today amid uncertainty caused by the escalation of strikes between the US…