Author: NBTC

While the recent volatility in the cryptocurrency market continues, CryptoQuant senior analyst Julio Moreno suggests that a definitive bottom for Bitcoin has not yet been reached. According to Moreno, although the market is approaching the “final stress phase,” the necessary conditions for a bottom to form have not yet been fully met. The analysis specifically highlighted the Net Recognized Profit/Loss (NUPL) indicator, which measures the profit and loss of long-term investors. Moreno noted that this indicator is approaching a critical turning point but has not yet signaled the final bottom. He recalled that in past market cycles, true bottoms occurred…

At the outset of May, the total market valuation of tokenized U.S. Treasuries sits at $15.20 billion, following $1.06 billion in added value over the past 30 days. Among 71 distinct assets tracked by rwa.xyz, the average annual percentage yield ( APY) registered at 3.36% over the past week. Key Takeaways: rwa.xyz data shows tokenized Treasuries hit $15.20B in May; growth signals rising onchain demand. Circle’s USYC leads at $2.91B, while Blackrock BUIDL at $2.58B reflects institutional traction. Top 10 exceed $13.9B combined; multi-chain expansion may drive further adoption across networks. Top 10 Tokenized Treasury Funds Exceed $13.9B as Institutional…

In brief Keel Infrastructure (formerly Bitfarms) posted a $145M net loss in Q1 2026, with revenue down 23% year-over-year to $37M. The company completed its transformation from Canadian Bitcoin miner to U.S.-based AI/HPC infrastructure developer. With $533M in liquidity, Keel is advancing three data center sites toward lease execution in 2026. Keel Infrastructure Corp., the New York-based digital infrastructure company that completed a sweeping rebranding from Bitcoin miner Bitfarms earlier this year, reported a net loss of $145 million for the first quarter of 2026 as it continued absorbing the costs of a complex corporate transformation. Revenue for the quarter…

Google Cloud has integrated support for on-chain data from the ZeroG (0G) blockchain into its BigQuery data warehouse, according to an announcement from Chief Technology Officer Ming Wu on X. The move enables developers and analysts to query and analyze ZeroG transaction data directly within Google’s cloud infrastructure, without the need for third-party indexing tools. BigQuery Expands Blockchain Data Capabilities BigQuery, Google Cloud’s fully managed, serverless data warehouse, already supports public datasets from several major blockchain networks, including Bitcoin, Ethereum, and Polygon. The addition of ZeroG marks a continued expansion into the Web3 analytics space, particularly for networks focused on…

The leading cryptocurrency, Bitcoin ($BTC), continues to trade below $70,000 due to increasing macroeconomic uncertainty stemming from the US-Iran conflict. Although talk of a bottom for $BTC has increased recently after facing sharp declines since October, one analyst predicted further declines before the bottom is reached. On-chain analyst Willy Woo, in his analysis from account X, predicted that $BTC’s bottom could be in the $46,000-$54,000 range. According to Woo, on-chain models indicate a bottom for $BTC in the $46,000-$54,000 range. According to Woo, who noted that this prediction is based on traditional on-chain models, an indicator representing capital flows into…

Investors are pouring record amounts of capital into U.S. industrial and infrastructure-focused exchange-traded funds (ETFs), reflecting growing confidence in the next phase of the artificial intelligence (AI) boom. In this line, industrial sector ETFs attracted about $25 billion in inflows over the past 12 months, marking a record high. At the same time, infrastructure and power-related ETFs drew roughly $21 billion, according to data shared by financial markets commentary platform The Kobeissi Letter on May 3. The surge marks a sharp increase from 2024 levels, with inflows into industrial ETFs jumping about 400%, while infrastructure and power ETFs rose roughly…

Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Kraken’s parent company Payward filed a second amended complaint on May 4 in the US District Court for the District of Colorado, accusing Etana Custody and its CEO Dion Brandon Russell of commingling custodial assets with operating funds, financing risky bets, and sending falsified account reports that showed balances as fully intact while a funding gap widened. Payward says Etana operated a “Ponzi-like enterprise” that recycled incoming client deposits to…

As part of efforts to run its AI-powered decentralized applications efficiently and offer better user experience, Spores Network, a Web3 multi-chain launchpad, today announced a strategic partnership with Metay, a decentralized AI compute marketplace. This collaboration enabled Spores Network to integrate Metay’s decentralized AI compute infrastructure to make its Web3 launchpad services scalable and accessible, powered by cost-effective and distributed computing resources. Spores Network is a multichain launchpad platform that enables effortless user participation and support for emerging Web3 projects. Its launchpad gives Web3 startups the chance to connect with the target users, and as a result, expands access to…

Pierre Rochard, CEO of The Bitcoin Bond Company, warned US banking regulators that their sweeping Basel III capital rewrite leaves unresolved how Bitcoin-related activities should be treated, a gap he says could create legal risk and shape how much capital banks must hold against the asset. In a formal comment submitted March 29 to the US Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, Rochard said agencies cannot finalize rules that effectively determine capital treatment for Bitcoin ($BTC)-related activities without clearly explaining the framework and evidence behind that treatment. The regulators’ March…

Peter Thiel’s Founders Fund has closed a new $6 billion fund, marking the largest raise in the venture capital firm’s history. The vehicle will focus mainly on late-stage companies as private startups continue to seek large funding rounds outside public markets. Bloomberg reported that Founders Fund raised $6 billion for a new late-stage investment vehicle, citing people familiar with the matter. The raise marks the firm’s biggest fund haul since its launch two decades ago. The fund will target more mature startups rather than early-stage companies. That focus places the firm in competition for large private deals at a time…