Author: NBTC

While the broader market has experienced significant upside volatility, Ethereum has closed at lower lows for two consecutive days. After it was rejected at $2.4k, the altcoin dropped to a low of $2.3k and is now testing that level of support. With the market showing some signs of weakness, Ethereum whales and institutions have increased selling activity. Paradigm Capital deposits $27 million in $ETH After Ethereum [$ETH] failed to hold $2.4k towards the end of April, institutional investors stepped back from the market. The Coinbase Premium Index has remained negative for 10 consecutive days, suggesting U.S. institutional investors have turned…

Bitcoin ($BTC) has climbed above $80,000 for the first time in a long while, and it is predicted that the markets could experience movement in either direction. While investors are opting for caution, Coinshares has released its cryptocurrency report, stating that there were $117.8 million in inflows last week. “Cryptocurrency investment products saw inflows of $117.8 million, marking the fifth consecutive week of positive growth.” However, weekly total inflows mask four days of outflows that were reversed by a strong session on Friday. Bitcoin ($BTC) Continues to Remain Strong! Looking at crypto funds individually, inflows are concentrated in Bitcoin. $BTC…

The Solana Foundation is launching a new developer platform aimed at making it easier for financial institutions to build blockchain-based products, with early users including Mastercard, Western Union and Worldpay. The Solana Developer Platform (SDP), currently available for developers to test, is a toolkit that enables enterprises to create and scale financial applications on Solana without deep crypto infrastructure expertise. The SDP will also integrate AI tools such as Anthropic’s Claude Code and OpenAI’s Codex. The platform bundles services from more than 20 infrastructure providers — spanning custody, compliance, wallets and payments — into a single interface, streamlining what has…

PayDo is broadening its business offer with stablecoin payments, aiming to give companies faster settlement, more flexibility and broader payment choice. BVNK partnership brings conversion tools The company has formed a strategic partnership with BVNK, a global provider of stablecoin payment infrastructure. The setup lets customers access fiat-to-stablecoin conversion for pay-ins, payouts and checkout, without directly handling crypto. Moreover, the integration supports stablecoin account top-ups, allowing users to add stablecoins to their PayDo balance. The funds are then automatically converted to fiat in a single transaction. It also enables merchant stablecoin payouts. Users can send outgoing transfers by automatically converting…

Erik Reppel said at Consensus Miami 2026 that AI agents bypass internet ads entirely, threatening the web’s core business model and pointing to x402 stablecoin micropayments as the structural replacement. Coinbase Developer Platform head and x402 founder Erik Reppel took the Consensus Miami 2026 stage on Wednesday to argue that autonomous AI agents will collapse the advertising model that has funded the web for three decades. His argument is structural: the internet was built for humans clicking links and seeing ads, not for software interacting directly with other software. “I think the thing people haven’t quite realized is that we’re…

Bitcoin mining pioneer Wang Chun said he sold a condominium in Pattaya, Thailand, for 7 Bitcoin, a fraction of the 2,900 $BTC he paid for the property in 2015, highlighting the steep opportunity cost of early crypto spending. The F2Pool co-founder disclosed the transaction in a Tuesday X post. Chun bought the apartment in North Pattaya when Bitcoin ($BTC) traded at roughly $270, valuing the purchase at around $785,000 at the time, and around $470,000 at today’s prices, a decrease of roughly 40%. “In 2015, I purchased this Naklua condo in North Pattaya for 2900 $BTC. It was the first…

Ethereum’s (ETH) share of the total value locked (TVL) across decentralized finance protocols has dipped below 54%, according to data from Unfolded. This marks the lowest level for the leading smart contract platform since May 2025, signaling a notable shift in capital allocation within the DeFi ecosystem. A Gradual Decline in Market Share The decline in Ethereum’s DeFi TVL share has been a gradual trend over recent months. While Ethereum remains the dominant chain by a significant margin, its relative position is eroding as capital flows into alternative layer-1 blockchains and layer-2 scaling solutions. Competitors like Solana, Arbitrum, and Base…

Figure Technology Solutions (FIGR), the blockchain firm helmed by former SoFi CEO Mike Cagney, is planning on taking on Fannie Mae and Freddie Mac in first-lien mortgages. Speaking at Consensus Miami, Cagney cited origination costs of $1,000 on the firm’s blockchain platform against $11,000 through the GSEs, the federally chartered firms that buy mortgages from U.S. lenders. The pitch combines cost and speed. Figure says HELOC applications get approved in 5 minutes and loans fund in 3 days, against an industry norm of 30-45 days. The platform also gives originators a guaranteed buyer for the loans they make, the same…

Tether, the crypto company behind the most popular stablecoin $USDT, said Tuesday it has selected a “Big Four” auditing firm to conduct its first full financial statement audit. “The Big Four Firm was selected through a competitive process because the organisation is already operating at Big Four audit standard,” said Simon McWilliams, Chief Financial Officer of Tether. “The audit will be delivered.” The company has long published periodic attestations of the assets backing the value of its $184 billion U.S. dollar stablecoin $USDT. A full audit goes further: It requires a detailed review of assets, liabilities, controls and reporting systems.…

A prominent trader on the Hyperliquid decentralized exchange, known for an 80% historical win rate, is currently facing an unrealized loss exceeding $19.6 million. The position stems from heavily leveraged short bets on Bitcoin ($BTC) and Ethereum ($ETH), opened in early March, according to blockchain analytics firm Onchain Lens. Details of the Whale’s Position The wallet, identified as pension-usdt.eth (0x0ddf…), opened a total of $110 million in 3x short positions on $BTC and $ETH. The shorts were initiated as the market began a sustained rally, which has since pushed prices higher, resulting in the significant paper loss. Despite the unrealized…