Author: NBTC

Ethereum is trading around $2.3k and is still anchored below the $2.4k resistance zone that has capped this entire consolidation over the past months. The ascending channel from February’s lows remains structurally intact, and the conditions for a breakout seem favorable. The derivatives positioning has also changed dramatically recently, as traders are now placing their biggest long bets of the recovery on $ETH, and whether that conviction is rewarded or punished in the coming days will likely define the price action in the coming months. Ethereum Price Analysis: The Daily Chart The ascending white channel from the February low continues…

In a landmark move for institutional cryptocurrency adoption, Alberta Investment Management Corporation (AIMCo), a Canadian government-backed asset manager, has purchased 1.38 million shares of MicroStrategy (MSTR) for approximately $219 million. This transaction, reported by BitcoinTreasuries.net, signals a deepening commitment to Bitcoin exposure through equity markets. This acquisition places AIMCo among the largest institutional holders of MicroStrategy stock. The purchase comes as MicroStrategy continues to lead corporate Bitcoin adoption, holding over 214,000 $BTC on its balance sheet. For AIMCo, this investment provides indirect Bitcoin exposure without direct custody challenges. Alberta Investment MicroStrategy Stock: A Strategic Move AIMCo manages over $160 billion…

Key Highlights Katana (KAT) has witnessed a drop of around 23% in the last 24 hours, dropping below $0.01243 and holding a market capitalization of around $30 million This drop comes after major exchanges like Bitget, OKX, Gate, Coinbase, and others announced their listings after the TGE event After tokens get listed, token holders have started selling tokens to book gains before their fall On March 18, the Katana (KAT) price witnessed a major dip of 22% on a daily chart, declining to $0.01243. At the time of writing this, Katana is trading at around a 23% drop and holding…

Exodus has launched XO Cash, a new stablecoin built specifically for AI agents, as crypto firms race to build payment infrastructure for autonomous software systems. The Omaha-based crypto wallet company announced the launch on 8 May, saying the product allows developers to give AI agents their own wallets and spending capabilities without handing over private keys. XO Cash runs on Solana and was developed in partnership with MoonPay. The system includes “AgentKit,” a software development kit that enables developers to create agent wallets via a single API call. The launch comes as AI-agent commerce emerges as one of crypto’s fastest-growing…

The Depository Trust & Clearing Corporation, the backbone of US securities settlement, is building a blockchain-native collateral management platform powered by Chainlink. The system, called the Collateral AppChain, is designed to handle asset pricing, valuation, and settlement around the clock across international markets. What DTCC is actually building The Collateral AppChain integrates Chainlink’s Runtime Environment, known as CRE, to automate collateral workflows that have historically relied on manual processes. Instead of humans shuffling spreadsheets and making phone calls to verify asset values across time zones, smart contracts handle the pricing and settlement automatically. The platform is designed to operate 24/7,…

Bitcoin fell back toward $65,000 on Friday as investors cut exposure to risk assets after another round of Middle East tensions kept oil prices elevated, pushed Treasury yields to their highest levels in months, and lifted the dollar. According to CryptoSlate’s data, $BTC dumped nearly 5% to around $66,484, its lowest price since the beginning of the month. This continues a trend in which the top crypto repeatedly fails to hold when macro pressure returns. An analyst at Bitunix told CryptoSlate: “$BTC has fully transitioned into a reflector of liquidity structure. Price action remains confined within a broad $65,000–$72,000 range,…

Asset manager Grayscale is overly bullish on plans to cap Ethereum staking rewards. In a latest report, Zach Pandl, the firm’s Head of Research, said the proposed changes would be “positive for $ETH price.” If implemented, the change would likely reduce nominal rewards for stakers. We think that such a change would be positive for the price of Ether ($ETH) over time because a) it would help control $ETH inflation, and b) would bolster the use case of $ETH as a store of value. Backing his argument, Pandl noted that current $ETH net issuance (primarily driven by staking rewards) has…

While Representative Nancy Pelosi has historically been the most scrutinized trader in Congress, Congressman Gil Cisneros – or his investment manager – has been working hard to take the lead since 2019. Specifically, the Democrat from California has disclosed more than 2,300 equity buys and sales across his two terms in office: one between 2019 and 2021, and the other started in 2025 and ongoing. Additionally, along with the impressive number of trades, Cisneros’ volume is nothing to scoff at, considering it is estimated at over $48 million across multiple sectors, including healthcare, industrials, information technology (IT), finance, and consumer…

TL;DR: Derivatives Surge: Kaspa’s Open Interest (OI) jumped from $9.89 million to $13.64 million in just 48 hours, reflecting a massive influx of fresh capital. Technological Catalyst: The network is preparing for a Hard Fork on May 5, which will introduce “vProgs” and programmable smart contracts to its architecture. Resistance Levels: The price is looking to consolidate above the 200-day Exponential Moving Average (EMA), located near $0.050, to confirm a trend reversal. The crypto-asset market reacted to recent network updates, and this Wednesday, Kaspa is exploding with a 20% daily rally. This reaction is not an isolated event; it responds…

$GMX Labs, the development team behind the decentralized derivatives exchange $GMX, has appointed a community member known only as Q as its first Chief Executive Officer. The appointment marks a significant step in the project’s evolution from a community-led initiative toward a more structured operational framework. A Community-Driven Leadership Transition Q, who has been an active participant in $GMX’s governance and a major token holder, will now lead $GMX Labs. The decision follows a formal proposal from the $GMX community aimed at improving operational efficiency by introducing a more traditional leadership structure. $GMX Labs stated that Q has consistently played…