Author: NBTC
The crypto community is once again stunned by the bullish move pulled by Bitcoin Exchange-Traded Funds (ETFs), following massive inflows recorded over the last month, according to a recent post from Bitwise CIO, Matt Hougan. Bitcoin ETFs are bullish Despite the high price volatility experienced over the past month, institutional demand has continued to peak, as spot Bitcoin ETFs recorded multiple consecutive days of inflows. The inflows recorded by overall Bitcoin ETFs in May have surpassed $5.86 billion—an impressive surge signaling bullish optimism among institutional investors. According to data provided by Sosovalue, the massive rally experienced by Bitcoin ETFs throughout…
Elon Musk’s artificial intelligence startup, xAI, is seeking $4.3 billion in new equity financing, Bloomberg reports, signaling an aggressive expansion push for the company. The latest funding comes in addition to a separate $5 billion debt financing plan announced earlier this month. The fundraises underscore Musk’s renewed focus on building out his AI ventures after leaving the Trump administration and the Department of Government Efficiency (aka DOGE) in May. Last year, xAI raised $6 billion in a Series B round in May and another $6 billion in a Series C round in December, which included investments from Andreessen Horowitz, Sequoia…
Citing the Mt. Gox collapse, a crypto commentator has urged XRP holders to take control of their assets instead of leaving them on centralized exchanges. This warning came from Alpha Lions Academy founder Edoardo Farina, whose recent commentary sought to remind investors how risky it can be to trust third parties with their crypto assets. Mt Gox Downfall Sends a Warning to XRP Holders Farina pointed to Mt. Gox’s downfall in 2014 as a lesson in what can go wrong when users don’t hold their own crypto. At the time of the crash, around 850,000 Bitcoins disappeared, most of them…
Rep. Brandon Gill (R-TX) failed to properly disclose up to $500,000 in Bitcoin purchases within the 45-day window mandated by federal law, OpenSecrets reported Monday, raising fresh questions about transparency and conflicts of interest among crypto-investing lawmakers. Gill reported buying between $100,001 and $250,000 in Bitcoin on both January 29 and February 27—but only disclosed the trades on Monday, well beyond the deadline required under the Stop Trading on Congressional Knowledge (STOCK) Act. Decrypt has contacted Gill’s office for comment. Passed in 2012, the STOCK Act is designed to curb insider trading and ensure accountability by requiring timely reporting of…
A Securities and Exchange Commission (SEC) filing posted Monday night outlines the relationship between Tron DAO, Justin Sun, and SRM Entertainment, a Nevada company in the process of changing its name to Tron Inc. The filing details a $100 million private investment in public equity (PIPE) deal, paid entirely in TRX TRX$0.27269 tokens, that gives Sun’s father, Weike Sun, board control and positions Tron-aligned advisors in key governance roles. Weike was named chairman, while Zhihong Liu, also known as Steve Liu, a strategic adviser to Tron DAO and the CEO of stablecoin issuer Techteryx, and Zi Yang, a senior executive…
iExec, the Web3 infrastructure company building the trust layer for DePIN and AI, announced multiple new initiatives at Tokenomics Week to enhance the utility of its native token RLC and turbocharge ecosystem growth. From new staking mechanisms to circular revenue models and a simpler way for builders to use RLC, the updates are designed to expand the token’s role in the ecosystem and drive greater adoption of privacy-focused decentralized applications. They deliver on a number of milestones within iExec’s previously announced 2025 roadmap, which aims to accelerate innovation and strengthen its position as the foundation for confidential computing. With the…
The rebound in digital assets since early April has been marked by a significant shift in activity, with Asian trading hours gaining market share in global bitcoin BTC$105,330.21, ether ETH$2,606.63 and solana SOL$159.10 spot trading volumes, while the U.S. steadily loses ground.The U.S. trading hours’ share of the spot volume in the three major tokens has dropped below 45% on a 30-day simple moving average basis, having peaked at an all-time high of over 55% at the beginning of 2025, according to data tracked by institutional crypto prime brokerage firm FalconX. The latest reading is the lowest since pro-crypto Donald…
U.S. President Donald Trump has said he has no immediate plans to engage in direct talks with Iran over the ongoing war with Israel. His statement contradicts previous reports that the White House was planning a meeting to address Iran’s nuclear agenda. President Trump made the remarks to journalists while returning from the G7 Summit 2025 in Canada. Trump’s Contradictory Stance on Diplomatic Talks In the interview, Trump stated that he wanted a definitive end to the war, not just a ceasefire. The President told reporters that he had already asked the Iranian leader, Ali Khamenei, to negotiate a deal…
NEAR Protocol’s new House of Stake introduces AI roles in blockchain governance, including assistants, delegates, and even a potential AI CEO. House of Stake uses veNEAR token locking for weighted voting, rewarding long-term protocol involvement and decision-making power. Amid the buzz about the same old blockchain governance, NEAR Protocol is throwing a new ball into the field. Not just a token-based voting system, they are launching the “House of Stake,” a governance mechanism that will combine community voting with the unique role of an intelligent entity. Imagine if your voice could be represented by a ‘digital assistant’ who understands direction,…
The leading digital asset has tumbled from its recent all-time high, even as retail and institutional investment reach record levels. Record Crowds at Bitcoin Event, But Price Remains Stuck Below $105K More than 35,000 of the Bitcoin faithful flocked to Sin City and packed the Venetian Resort in record numbers last week. But on the Monday after, the cryptocurrency struggled to stay above $105K after peaking at nearly $112K on May 22. Perhaps it was President Donald Trump’s impromptu announcement of 50% tariffs on U.S. steel imports on Friday or the increasing tension between the world’s two largest economies over…