Author: NBTC

The American Bankers Association (ABA) is mounting an aggressive lobbying push against portions of the Senate’s Digital Asset Market Clarity Act ahead of a scheduled Banking Committee markup on Thursday, warning lawmakers that stablecoin provisions in the updated bill could still undermine bank deposits and weaken financial stability. In a call-to-arms circulated to bank executives nationwide, the ABA petitioned banks and their employees over the weekend to contact senators immediately to push for tighter restrictions on payment stablecoins in the crypto market structure bill. The group said the latest version of the legislation — after months of bank lobbying, meetings…

A key indicator of institutional crypto market participation, the Coinbase premium has fallen deeper into negative territory, indicating increased selling pressure from institutions. The Coinbase premium has been mostly negative since late April, but it has fallen much faster over the past seven days and recorded its lowest level this month at -0.0983% on May 21. “Institutional selling pressure has intensified recently,” CryptoQuant analyst Darkfost said on Thursday. “This suggests that the population of institutional and professional investors trading on Coinbase Advanced is selling more aggressively than investors trading on Binance.” Institutional investors are also shying away from store-of-value assets…

UXLINK has formed a new collaboration with Cluster Protocol to boost the next generation of AI-driven social dApps. The collaboration pairs UXLINK’s social infrastructure with Cluster Protocol’s Private AI orchestration layer and CodeXero’s browser-native IDE. 🤝 Excited to announce our partnership with @ClusterProtocol! 🚀We are joining forces to empower the next generation of AI-driven social dApps. By combining UXLINK’s social infrastructure with Cluster’s Private AI orchestration and CodeXero’s browser-native IDE, we’re making… pic.twitter.com/1UA5tZHSV9 — UXLINK (@UXLINKofficial) May 21, 2026 The goal is straightforward. Make Web3 development genuinely accessible while scaling autonomous AI workflows on Base. Three pieces of infrastructure now…

Bitcoin’s monthly performance is under scrutiny as early 2026 data points to a possible shift in seasonal patterns, with March now positioned as a key inflection point. After consecutive declines in January and February, the latest recovery raises questions about whether the asset can avoid an extension of what would mark a prolonged losing streak. Bitcoin March Rebound Tests Losing Trend As of now, bitcoin is trading around $70,335 reflecting a rise of 3% seen in the last 24 hours. Meanwhile, the broader crypto market is also showing slight recovery, with total market cap jumps to $2.44 trillion, up 3.06%.…

A whale address linked to BIT, the digital asset platform formerly known as Matrixport, has opened a substantial long position in Ethereum ($ETH) totaling 120,000 $ETH, valued at approximately $254 million, according to blockchain analytics firm Lookonchain. The position was initiated across four separate addresses following a recent downturn in the cryptocurrency market. Whale Adds to $ETH Long Amid Market Weakness Data from Lookonchain indicates that the whale expanded its exposure after $ETH prices declined, a move that signals a contrarian bet on a price recovery. However, the position is currently underwater, facing an unrealized loss of roughly $17.5 million…

Bitcoin ($BTC) continued its upward trend last night, briefly climbing above $79,300. However, this was short-lived, and Bitcoin failed in its attempt to break the critical $80,000 resistance level. The $BTC price retreated to around $77,800. While the $BTC price continues its volatile course, the positive sentiment and inflows in US spot ETFs continue. According to Farside Investors data, US spot Bitcoin ETFs saw net inflows for the seventh consecutive day. On Wednesday, net inflows of $336 million were recorded in ETFs. BlackRock’s IBIT fund led Bitcoin ETF inflows with $246.9 million, followed by Fidelity’s FBTC fund with $56.7 million.…

The crypto industry continues to chase faster payments, cheaper transactions, and mainstream adoption. Most blockchains still struggle to deliver all three together. High fees frustrate users during network congestion, while slow settlement damages the payment experience. Stablecoins solved volatility issues, but many networks still create friction during transfers. That challenge pushed developers toward new payment infrastructure built for speed and accessibility. Now, the arrival of $USDsui stablecoin could shift momentum for the entire Sui ecosystem. The announcement revealed that the stablecoin will support gasless transfers and near-instant settlement. The project also carries strong credibility because U.S. Treasuries back the asset.…

Americans for Responsible Innovation, a nonprofit focused on AI policy, is pushing the Trump administration to require mandatory safety reviews for any AI lab that wants a shot at US government contracts. The recommendation, made on May 11, 2026, targets developers building so-called “frontier” models, the most powerful and potentially dangerous AI systems in existence. ARI’s proposal centers on structured safety evaluations that would serve as a gating mechanism for federal procurement. An AI lab building frontier models would need to demonstrate that its systems have been vetted for misuse potential before qualifying for any government contract. On April 6,…

The gaming and blockchain sectors are undergoing change on a grand scale as they move away from just simple play-to-earn business models. Many Web3 gaming projects are now building robust infrastructure to deliver more seamless and reliable gaming experiences for their users. In connection with this shift, YOM, a decentralized cloud gaming platform, announced the launch of their token within TrustSwap’s Launchpad. This announcement is a big step in the development of a community-driven infrastructure network, known as Decentralized Physical Infrastructure Network (DePIN), which will provide an alternative solution to traditional centralized infrastructure. A Premier Launchpad for Next-Gen Infrastructure TrustSwap…

Bitcoin has outdone both the S&P 500 and gold over the four-week US-Iran war. The cryptocurrency has also seen significant adoption among institutions and war afflicted nations. Several reasons favor the digital gold over traditional assets. Bitcoin ($BTC) has excelled over gold and the S&P 500 ($SPX) in terms of returns in the past month that the US-Iran war has lasted. Notably, the conflict has caused widespread investor tension and uncertainty, with volatility witnessed in crypto, stock markets and gold prices. This trend may be prolonged seeing as Iran has stated its adamance in being on the offensive after allegedly…