Author: NBTC

$XRP whales increased their activity over the past week as the cryptocurrency witnessed plummeting prices. Within this period, whales accumulated 190 million $XRP, as reported by crypto analyst Ali Martinez. $XRP whales intensify accumulation In a recent X post, Martinez wrote, “190 million $XRP have been accumulated by whales over the past week.” Based on the current $XRP price at $1.35, the 190 million $XRP coins are valued at $256.5 million. In one instance last week, an unknown wallet address scooped up more than $35 million worth of $XRP in less than an hour. According to the details, the whale…

A South Korean court overturned Bithumb’s six-month partial business suspension Thursday, according to Yonhap News. The news agency cited legal sources, saying that the 2nd Administrative Division of the Seoul Administrative Court’s Judge Gong Hyeon-jin had accepted Bithumb’s application for a stay of execution on the same day it was presented. There was no clarification on whether a 36.8 billion won ($24.6 million) fine was also suspended. South Korea’s financial watchdog imposed the fine and suspension in March, alleging massive violations of local anti-money laundering rules. Bithumb, one of South Korea’s largest crypto exchanges, filed a request with the court…

OKX has launched the agent payments protocol, an open system built to let AI agents handle commercial operations on blockchain networks. What the protocol is designed to do The launch, announced on Wednesday, expands payment handling for more complex deals between agents. Moreover, OKX said AI agents can create quotes, negotiate terms, hire professionals, set up escrow accounts, make lump-sum payments, and run pay-per-use billing systems. The protocol is also built for autonomous payment systems and agent-to-agent communication across the full commerce lifecycle. That said, it supports structures such as upfront payments, top-ups, deductions, and different billing plans. OKX ties…

Tokenization is growing fast. However, despite the rise of new networks, the market is concentrated. Is multi-chain growth just a narrative? Ethereum is at the center of tokenized assets According to Token Terminal, tokenized funds, stocks, and commodities are now a $38.6 billion market across 35 chains. Ethereum [ETH] alone accounts for close to $25 billion of that. That’s 65% of the total market! This is part of a bigger trend. AMBCrypto previously reported that U.S. investors (both whales and retail) are increasing their exposure to Ethereum, regardless of market conditions. The remaining 34 chains together are worth about $13.6…

US President Donald Trump’s harsh statements regarding a potential war with Iran caused the price of Bitcoin ($BTC) to fall below $67,000, wiping out gains made in previous days. With this decline expected to continue, one analyst has claimed that Bitcoin could fall to $10,000. An analyst at CryptoQuant, using the pseudonym XWIN Research, claimed that in a worst-case scenario, $BTC could fall to $10,000. The analyst said the current price structure is heavily reliant on derivatives rather than spot demand. It has been noted that open interest in CME Bitcoin futures is concentrated in short-term leveraged positions of 18,000…

Aave’s deposits on MegaETH crossed $575 million on Friday as capital continued flowing into the Ethereum Layer 2 network a day after its long-awaited $MEGA token launch. The figure represents a sharp jump from the roughly $355 million in total DeFi deposits MegaETH hosted at the time of the TGE on Thursday, when Aave already accounted for the bulk of the network’s total value locked (TVL). MegaETH, which markets itself as a “real-time” blockchain capable of more than 100,000 transactions per second with sub-10 millisecond block times, launched its mainnet on Feb. 9 with Aave deployed on day one. As…

Japan will begin releasing crude oil from its strategic reserves as early as next Monday to curb potential spikes in gasoline and petroleum prices caused by Middle East conflicts and disruptions to Persian Gulf oil shipments, Prime Minister Sanae Takaichi said Wednesday. The intervention will mark the first time the nation has tapped its government oil reserves without waiting for a coordinated response from the International Energy Agency (IEA) since stockpiling began in 1978. The release will cover 15 days’ worth of reserves held by private-sector entities, followed by one month’s supply from government stockpiles. “We will flexibly review the…

VDOR, one of the memecoins traded on the Solana ecosystem, has recently attracted attention with its remarkable price movements. According to on-chain data, VDOR’s market capitalization has surpassed $15 million, registering an increase of approximately 10% in the last 24 hours. During the same period, its trading volume reached $1.9 million. According to data shared by GMGN, VDOR’s price has been exhibiting a gradual and unidirectional upward trend since March 21st. However, the data points to a striking concentration in token distribution. It is suggested that more than half of the assets held by the top 100 wallets come from…

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework. On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments and transfers. The resolution states that payments or receipts between an eFX provider and its foreign counterparty must be carried out exclusively through a foreign exchange transaction or movement in a non-resident Brazilian real account, with the use of virtual assets prohibited. The restriction also applies…

Coinbase has announced the listing of perpetual futures contracts for three major semiconductor stocks: Intel (INTC), Micron (MU), and SanDisk (SNDK). Trading begins today, April 29, subject to liquidity conditions. This move bridges traditional equity markets with cryptocurrency derivatives, offering traders a new way to speculate on chipmaker performance. Coinbase Perpetual Futures: What This Means for Traders Perpetual futures are a type of derivative contract with no expiration date. Traders can hold positions indefinitely, paying or receiving funding fees based on market conditions. Coinbase adds these contracts for Intel, Micron, and SanDisk stocks. This allows users to trade price movements…