Author: NBTC

The account holds approximately $2.91 million in equity, with $2.85 million committed as margin. Its effective leverage ratio stands at 34.33x, while available margin has dwindled to zero. Funding costs have also extracted $86,952.49 from the position. Bitcoin Price Slides as Selling Pressure Intensifies Sunday’s market action hasn’t offered much comfort. Bitcoin climbed to $82,170 earlier in the session before sellers seized control, driving the cryptocurrency to an intraday low of $80,888. At approximately 12:25 p.m. EDT on Oct. 18, bitcoin traded near $81,117 on Bitstamp, leaving the trader’s liquidation threshold roughly $1,289 away, a distance of just 1.59%. Short-term…

Meanwhile, selling activity among Ethereum’s earliest investors introduced another important factor into the recovery story. Ethereum OG whales cash out after years According to Lookonchain, an early Ethereum investor reportedly sold 3,000 $ETH valued approximately $7.23 million. Originally, the investor purchased the tokens nine years ago at just $18.83 each, which secured a reported 128-fold return. Beside that, another Ethereum OG separately sold 1,000 $ETH after acquiring tokens during Ethereum’s initial coin offering. This investor originally purchased 100,000 $ETH at around $0.31 per token. The two long-term holders together sold 4,000 $ETH, which highlighted renewed selling activity among Ethereum’s earliest…

The results also included $658 million in investment securities losses, reducing earnings by $0.18 per share. Excluding that charge, JPMorgan earned $5.75 per share and generated $15.8 billion in net income, although adjusted earnings still fell short of the LSEG consensus estimate. Weak Bond Trading and Underwriting Pressure Earnings Fixed-income trading was a major source of weakness. Revenue from this business fell 4% year over year and 11% from the previous quarter to $5.37 billion, below the roughly $6 billion analysts expected. The decline reflected weaker activity across commodities, interest-rate products, credit and public finance, partly offset by stronger currencies…

However, Bulgaria only made amendments to accommodate the directive in May. Last week’s overwhelming support for the amendment of the country’s Tax and Social Security Procedure Code finalized the legislative process. Impact of Bulgaria’s crypto tax rules Bulgaria’s move is late by over eight months. However, the new rule mandates crypto platforms to collect required information from January 2026. But first, the exchanges and platforms must register with the taxman, the National Revenue Authority (NRA). Part of the targeted data includes user identities and traded or transferred volume, either in crypto or fiat. Providers must report all types of transactions,…

The rules take effect on April 8, 2027. Crypto firms already operating in the country have until Oct. 7 of the next year to apply for a license and can continue doing business while ASIC reviews their applications. For Australian investors, the changes would mean clearer rules on how exchanges hold their assets, execute orders and handle conflicts of interest. Crypto companies would face new compliance obligations and financial requirements to operate legally in the country. “Our approach is based on the principle of ‘same activity, same risk, same regulatory outcome’ to align Australia with the approach of comparable overseas…

Token Metrics Currently, Algorand is navigating a complex market landscape with significant discussions around asset tokenization. While specific trading volumes are not reported, the growing interest in blockchain solutions reflects a broader trend in the crypto market. The focus on securing digital assets amid looming quantum threats positions Algorand as a thought leader in this evolving space, compelling both traders and institutions to reconsider their strategies. Algorand operates as a high-performance blockchain platform designed to facilitate secure and efficient transactions. With the looming threat of quantum computing, the need for robust cryptographic solutions is critical, positioning Algorand in a unique…

The specific wallet behind Sunday’s move received the bulk of its funds, some 411 $BTC, on Sept. 11, 2013. Back then the cryptocurrency traded around $131. Over the next 13 years, the owner didn’t buy, sell, or move a single coin. They simply sat tight as the asset’s value skyrocketed more than 600 times, holding through three halvings, the 2017 boom, the 2022 FTX collapse, and the launch of spot bitcoin ETFs in 2024. While the owner remained completely inactive, the wallet itself did see some activity over the years. Dozens of tiny deposits trickled in, each worth less than…

Under the design, people would still sign up through their regular banks. Those banks will verify their identity and keep their records, without the central bank having access to any of that information. Personal details will only be provided if the law demands it. This is a notable shift in tone from 2020, when BIS general manager Agustín Carstens said a central bank digital currency (CBDC) would give the issuer “absolute control on the rules and regulations” governing its use. He made the remark on an IMF panel, and conspiracy theorists later seized on it. Why should privacy be enforced?…

Filecoin recently announced significant updates to its network, including new reward mechanics that focus on customer acquisition and retention. This initiative, highlighted in a tweet by the @Filecoin handle, aims to attract enterprises and AI agents by offering innovative products and reducing daily token supply growth. As the crypto landscape evolves, this move positions Filecoin to capitalize on emerging market opportunities. What Happened The recent announcement emphasizes Filecoin’s commitment to enhancing its appeal to enterprises and agents through revamped network mechanics. The introduction of new reward systems is particularly notable as it incentivizes customer acquisition and retention, potentially driving greater…

Hyperliquid founder Jeff Yan wants U.S. regulators to oversee financial firms using his blockchain rather than the network itself. Companies operating trading markets on Hyperliquid should be responsible for meeting regulatory requirements, much like financial firms using internet infrastructure, Yan said Thursday in a Bloomberg interview. “The regulation sits at the layer where there are controls, and indeed the deployers are the ones that exercise these controls,” Yan said. Hyperliquid, best known for its eponymous perpetual futures trading platform, remains closed to U.S. customers. However, Kraken’s parent company, Payward, plans to offer investors in the country derivatives using Hyperliquid’s technology…