Author: NBTC

Bank of England Governor Andrew Bailey has warned that international regulators could face a difficult confrontation with the United States over how stablecoins should be governed across global payment systems. According to Reuters, Bailey said at a conference on Friday that stablecoins would only function properly in international payments if regulators agreed on common standards, adding that discussions with the U.S. administration were likely to become a “coming wrestle.” Bailey’s comments came as the Trump administration continued backing stablecoin adoption through the GENIUS Act, which established a regulatory framework for issuers in the U.S. Dollar-backed stablecoins currently dominate the sector,…

Coinbase announced it will suspend futures trading for three altcoins. According to the company’s announcement, $TRIA-PERP, $NEO-PERP, and $IMX-PERP trading will be suspended on June 4th at approximately 13:00 UTC (16:00 UTC+3). It was stated that all open positions on the exchange would be automatically closed at the time of trading halt. The final settlement price will be calculated based on the average index price during the 60-minute period prior to the trading halt. Coinbase also announced that the funding rate would be set to zero for the last funding period prior to the final settlement. Related News Bloomberg Analyst…

ChimpX, a notable decentralized network, has partnered with t3rn, a cutting-edge cross-chain execution platform. The collaboration aims to improve interoperability across chains. As ChimpX revealed in its official social media announcement, the joint effort enables streamlined execution of consumer intents across diverse chains. With the use of the solver-powered framework, the development endeavors to provide a decentralized execution economy to strengthen projects, developers, and users alike. PARTNERSHIP 🤝ANNOUNCEMENT @ChimpxAI × @t3rn_io t3rn is building a cross-chain execution protocol where solvers compete to fulfill intents across chains, creating a decentralized execution economy for Web3.⚡️Cross-chain intent execution⚡️Solver-powered ecosystem⚡️On-chain… pic.twitter.com/9lJ4kVboO5 — ChimpX (@ChimpxAI)…

Bitcoin is currently trading near $70.3K. $249M in $BTC liquidations hit the market. Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million $BTC exchanged. It makes it a strong area of both support and resistance. Also, the buyers and sellers are creating uncertainty in the market. Until the asset breaks above $70,685 or drops below $65,636, a clear trend is unlikely to form. Moreover, a breakout could trigger bullish momentum, while a breakdown might lead to further downside. Currently, the…

Tracking stablecoin flows is useful for gauging whether the market is in a risk-on or risk-off phase. From a technical standpoint, the TOTAL crypto market cap dropped about 5.8% last week, marking the sharpest decline in over two months. With Bitcoin already expected to have a weak May and sitting only 1% up so far, these outflows lean toward a more risk-off setup rather than aggressive accumulation. Against this backdrop, there was another notable development: Someone recently pulled about $128.4 million in $USDC from Aave and sent it to an unknown wallet. Analysts flagged the transfer within minutes, and they…

Ethereum traders are turning increasingly bearish as prices have crashed more than 9% in the past week. Notably, the prediction platform Polymarket now shows a 56% probability that Ethereum will fall below $2,000 before the end of the month. Meanwhile, CoinMarketCap data shows $ETH trading slightly above $2,100 at press time, while on-chain data and trading activity indicate aggressive selling pressure building across the market. Binance Sell Pressure Accelerates CryptoQuant analyst Amr Taha noted that Ethereum followed Bitcoin lower as taker sell volume surged on Binance. According to the analyst, Binance Taker Sell Volume climbed above $1.1 billion while $ETH…

Renowned financial analyst Anthony Pompliano, in his latest analysis, claims that the Bitcoin bull market has already begun and issued an important warning to his followers. Noting that Bitcoin has experienced a pullback of approximately 40% from its peak of $126,000, Pompliano predicts that this decline will create a “slingshot effect” leading to new highs. Pompliano argues that Bitcoin has proven its worth to institutional investors. In seven consecutive financial crises since 2020, Bitcoin has outperformed stocks, gold, and cash, becoming the most profitable asset. From pandemics to wars, banking crises to high inflation, he argues that Bitcoin has become…

Cardano is set to introduce new Plutus primitives as defined in five CIPs, which are CIP-109 | Modular Exponentiation Built-in for Plutus Core; CIP-132 | New Plutus Builtin dropList; CIP-133 | Plutus support for Multi-Scalar Multiplication over BLS12-381; CIP-138 | Plutus Core Builtin Type – Array; CIP-153 | Plutus Core Builtin Type – MaryEraValue. On May 8, the Cardano Preview test network hard forked to Protocol Version 11. According to Intersect, this means that these new primitives introduced by the prior Plutus Cost Model parameter update are now available for testing. DEVELOPER CTA 🛠️ On May 8, 2026 00:00 UTC,…

Galaxy Digital said seven Democratic members of the Senate Banking Committee could decide whether the CLARITY Act moves forward at its scheduled markup on Thursday, May 14. The firm said support from Democrats in committee would raise the bill’s chances of reaching the Senate floor. Galaxy named Ruben Gallego and Angela Alsobrooks as “constructive/pro-framework” lawmakers on crypto. It also listed Mark Warner, Catherine Cortez Masto, Andy Kim, and Raphael Warnock as possible “deal-makers,” while Lisa Blunt Rochester was placed in a “mixed” category. Bill needs bipartisan support The CLARITY Act aims to set federal market structure rules for digital assets…

In an innovative move to offer Web3 game lovers cutting-edge decentralized economic opportunities, FishWar, an AI-powered blockchain gaming platform, today entered into a strategic coalition with XPower Finance, an AI-driven, mutual yield DeFi protocol. Using the partnership, FishWar connected its gaming platform with XPower Finance’s DeFi yield infrastructure to provide gaming users with advanced decentralized financial asset utilities. FishWar is a Web3 gaming platform that allows game players to participate in battles in a post-apocalyptic ocean and, as a result, earn rewards through strategic gameplay. This blockchain game built on the Sei Network combines AI technology, GameFi mechanics, and a…