Author: NBTC

Bitcoin price started a recovery wave above the $76,800 zone. $BTC is consolidating and might aim for more gains if it clears the $78,300 resistance zone. Bitcoin managed to form a base above $76,000 and started a recovery wave. The price is trading above $77,200 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $77,200 on the hourly chart of the $BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $79,000 zone. Bitcoin Price Eyes Fresh Upside Break Bitcoin price remained supported…

Ethereum is in one of the most delicate moments of recent months. The $ETH price today is at $1,768.96, a level that is not just a number: it is the snapshot of an asset that has systematically lost ground, that is trading below every relevant moving average and that is still attracting sellers despite an RSI already deep in oversold territory. The question is not whether the trend is bearish — it clearly is — but whether this point represents an opportunity or simply a trap for those looking for a rebound at all costs. The macro context does not…

JPMorgan (JPM) is preparing to launch a tokenized money market fund, the latest sign that major financial institutions and Wall Street asset managers are speeding up efforts to move traditional assets onto blockchain rails. A Tuesday filing with the U.S. Securities and Exchange Commission SEC) outlined plans for a blockchain-based money-market fund investing exclusively in short-term U.S. Treasuries, cash and overnight repo agreements backed by government securities. The fund, dubbed JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX), will maintain blockchain-based token balances tied to investors’ ownership records, allowing approved users to submit purchase, redemption and transfer requests through Ethereum, the…

$XRP Evernorth has named Robert Kaiden, CFO of the OpenAI Foundation, to its board of directors $XRP Evernorth, the Ripple-backed treasury company building an $XRP-denominated balance sheet ahead of a Nasdaq listing, has appointed two senior executives to its board. Robert Kaiden, CFO of the OpenAI Foundation, and Derar Islim, COO of Antalpha, join as independent directors. The appointments were announced on May 4. $XRP Evernorth is targeting a Nasdaq listing under the ticker XRPN, positioning itself as a publicly traded vehicle for institutional $XRP exposure. The addition of Kaiden in particular connects the company directly to one of the…

Jamie Dimon announced that they oppose the current version of the CLARITY Act, a bill aimed at creating a regulatory framework for crypto assets in the US. JPMorgan CEO stated that banks would oppose the bill, and also sharply criticized Coinbase CEO Brian Armstrong’s lobbying efforts in favor of the bill. Speaking in an interview with Fox Business, Dimon argued that the CLARITY Act allows crypto companies to offer interest or reward-like incentives to stablecoin holders without being subject to similar regulatory obligations as banks. Dimon stated that the bill does not adequately address anti-money laundering (AML) rules and requirements…

Bitcoin’s recovery from February lows, which had begun to look like a new bull run, hit a wall last week at the 200-day simple moving average (SMA) positioned just above $82,000. Since then, prices have pulled back to $77,500 in a move reminiscent of 2022 when a 43% relief rally failed at the same indicator before bitcoin resumed its decline. Analytics firm CryptoQuant’s latest report offers a compelling explanation for why the rally failed to break through the critical average, a long-term trend line traders often treat as the dividing line between a bear-market bounce and a real recovery. The…

A wallet tagged by Arkham to the publicly listed Ethereum treasury company FG Nexus moved another 10,000 Ether on Wednesday, extending a series of sales that began after the company built a large position in 2025. The latest transfer equates to roughly $17.8 million at current prices and comes after earlier disposals that saw the Nasdaq-listed firm unwind more than 21,000 $ETH from its treasury for roughly $55 million. FG Nexus accumulated 50,770 $ETH between August and September 2025 at an average price of $3,860 per coin, building a position worth about $196 million at the time. With Ether trading…

The US Treasury Department is going after Iran’s oil money, and this time, the crypto industry is caught in the crosshairs. New sanctions under what the government is calling Operation Economic Fury target a sprawling network of companies, individuals, and vessels involved in smuggling Iranian oil to China. The kicker for crypto markets: $344 million in digital assets linked to Iranian wallets have been frozen as part of the crackdown. What happened and who got hit The first wave landed on April 15, when the Treasury sanctioned three Iranian currency exchange houses that were reportedly handling billions in annual revenues.…

Cryptocurrency exchange Coinbase is deepening its strategy to move real-world assets onto the blockchain. The company partnered with Centrifuge, a company operating in the tokenization field, making a “seven-figure” investment in the startup and selecting its platform as the main tokenization partner for the Base network. The centrifuge-related altcoin $CFG experienced a sudden surge following the development. As of writing, $CFG has gained 10% in value over the last 24 hours. Centrifuge will now be the core infrastructure provider on the Base network, developed by Coinbase, enabling exchange-traded funds (ETFs), loan funds, structured products, and other real-world assets (RWA) to…

Coinbase CEO Brian Armstrong replied to JPMorgan chief Jamie Dimon’s broadside on the CLARITY Act with a hockey-themed meme that drew swift backing from across the crypto industry. The viral exchange on Friday turned a regulatory fight over stablecoin rewards into a rallying moment for digital asset leaders pushing the bill to the Senate floor. Crypto Industry Closes Ranks Behind CLARITY Act Industry leaders pushed back fast after Dimon’s CLARITY Act broadside on Fox Business Friday. Mike Novogratz of Galaxy Digital argued elected lawmakers, not banks, should write financial laws. Since when do banks get to decide on legislation? The…