Author: NBTC

By the end of this week, two days before the monthly March candle closes, Bitcoin is showing volatility, attempting to recoup the important price milestone at $67,000. After dropping more than 8.5% over the past two weeks, the asset is facing strong resistance with the price of Bitcoin currently fluctuating around $66,500. Against the backdrop of $BTC stability, Michael Saylor is shifting investor focus to a new instrument — perpetual preferred shares under the ticker STRC, with the full name Stretch. In a recent post as Chairman of Strategy, he emphasized that while the market is turbulent, STRC acts as…

$MORPHO reached a Total Value Locked (TVL) of $11.78 billion, becoming the number two lender. This development came as most DeFi protocols struggled after a broader sector disruption from the KelpDAO’s hack. The hack left Aave Protocol, which leads the lending sector by DeFi TVL, with bad debt of $200 million, while $MORPHO’s exposure was only $1 million across two isolated markets. Consequently, users started migrating to other protocols like SparkLend, which they deemed safer. Such observations suggested that $MORPHO could outgrow Aave, though the certainty of when was undetermined. $MORPHO and $AAVE lead the lending sector Morpho [$MORPHO] came…

Crypto financial services firm BIT, previously known as Matrixport, has withdrawn a significant amount of Ethereum from the Binance exchange. According to blockchain tracking service Lookonchain, an address linked to BIT moved 5,000 $ETH, valued at approximately $11.67 million, off the platform. Large Exchange Outflow Signals Potential Long-Term Strategy Large withdrawals from cryptocurrency exchanges are often interpreted by market analysts as a bullish signal, indicating an intention to hold the assets in self-custody rather than trade them. This move by BIT suggests a strategic decision to secure its Ethereum holdings, possibly for long-term investment, staking, or integration into its broader…

Anchorage Digital Bank has submitted a comment letter to the Office of the Comptroller of the Currency as U.S. regulators move forward with rules for stablecoin issuance under the $GENIUS Act. The letter comes as Anchorage prepares to support Western Union’s planned U.S. Dollar Payment Token, or USDPT, under a federally regulated issuance model. The OCC proposed rules for payment stablecoin issuers earlier this year, covering institutions under its supervision. The agency said the proposal addresses regulations required under the $GENIUS Act, except separate rules tied to Bank Secrecy Act and sanctions compliance. Anchorage is positioning itself as a regulated…

US prosecutors said they have secured eight sentences in the last five months against people acting as US-based proxies for North Korea-based IT workers, shedding new light on how they have been able to infiltrate US companies. Two men have been sentenced this month alone. The Justice Department said Wednesday that separate courts sentenced Nashville resident Matthew Issac Knoot and New York resident Erick Ntekereze Prince for helping North Koreans work remotely for US companies. The US perpetrators, known as “laptop farmers,” acted as receiving points for laptops that US companies would send to new employees. They installed remote desktop…

Nigerian fintech pioneer Paga has partnered with the Sui blockchain to integrate cryptocurrency infrastructure into its platform. Key Takeaways: Paga partnered with Sui on May 7 to launch high-yield accounts and crypto rails for 1 billion people. Paga joins Flutterwave and Paystack in exploring blockchain for settlement, treasury and global payments Paga will use its $42 billion historical scale to roll out $USDsui stablecoin yields and asset tokenization. A Roadmap for Digital Finance Nigerian fintech pioneer Paga has entered a partnership with Sui blockchain, marking the company’s most significant push into crypto infrastructure to date. The collaboration was unveiled on…

Bitcoin has traded below Grand Trend’s Forecasting support level since January 2026. Since the trend’s breakdown, $BTC has experienced strong bearish pressure, falling below both long-term and short-term realized prices. Amid this extended, weakened structure, crypto analysts have expressed greater pessimism and projected a prolonged decline, citing realized price data. Bitcoin continues to show cracks According to Darkfost, $BTC has held below the realized price that excludes inactive supply for two months. The analyst noted that the realized price, after the adjustment, is approximately $72,500. These price levels now act as immediate resistance. Source: Darkfost/X Looking at the previous bear…

Avalon Labs (AVL), a Bitcoin on-chain financial services platform, has announced its intention to introduce a gold-backed yield product that leverages Tether Gold (XAUT) on its proprietary on-chain asset management platform, SuperEarn. The product, which will be available exclusively to institutional investors who have completed Know Your Business (KYB) verification, combines a quantitative market-neutral strategy with a real-world asset (RWA) allocation approach and a proprietary risk management framework. A specific launch date has not yet been disclosed. Product Structure and Strategy The upcoming product is designed to offer institutional investors exposure to gold through a yield-generating mechanism. By integrating XAUT—a…

Garret Jin, founder of the now‑defunct crypto exchange BitForex, transferred his remaining Ethereum [$ETH] holdings to Binance [BNB]. Notably, on‑chain data shows he deposited 225,627 $ETH, valued at $528.19 million. In total, prior wallet activity indicates that Jin moved about 577,896 $ETH, worth $1.35 billion, into Binance over just four days, including this transfer. Source: Lookonchain/X That said, about eight months ago, when $ETH was trading at $4,591, most of Jin’s current holdings were swapped from Bitcoin [$BTC]. However, with Ethereum trading far below its previous peak, the value of Jin’s holdings has dropped sharply. On‑chain data shows he is…

While US President Donald Trump has reiterated that both diplomatic and military options remain on the table in the ongoing tensions with Iran, uncertainty persists regarding a possible agreement between the parties. Trump stated that he was awaiting the “full text” of a draft agreement that had been presented to him, while describing the blockade against Iran as a “very friendly blockade.” According to Iranian media, the Tehran government has presented the US with a plan to end the war “on all fronts.” According to a senior Iranian official, this proposal includes reopening maritime traffic in the Strait of Hormuz…