Author: NBTC

Crypto advocate and $XRP enthusiast Bill Morgan highlights a drop in $RLUSD supply that had obviously gone under the radar. Morgan mentioned in a tweet that it seems to have passed largely unnoticed that a large volume of $RLUSD has been burnt over the last two weeks. Morgan highlighted a decrease in $RLUSD’s total supply from almost 1.6 billion to 1.43 billion within the said time frame. Ripple USD ($RLUSD) stablecoin’s total supply is now at 1.43 billion, according to CoinMarketCap data. Morgan highlighted the drop in supply from $1.6 billion to $1.43 billion as possibly the biggest in a…

US voters ranked crypto last among election priorities in an April poll of 1,000 registered Americans. Public Opinion Strategies conducted the poll in late April on behalf of CoinDesk, surveying 1,000 randomly selected registered US voters with a credibility interval of plus or minus 3.53%. Respondents were evenly split between Republican and Democratic identifiers at 41% each. As crypto.news reported, TD Cowen had already warned that the 2026 midterm cycle could push the CLARITY Act “off the congressional calendar until 2027,” framing voter indifference as a direct threat to industry legislative goals. The sentiment numbers were broadly negative outside the…

Crypto asset management company Grayscale announced that it has completed its fund rebalancing process for the first quarter of 2026. The company updated both its DeFi Fund and Smart Contract Fund portfolios in accordance with CoinDesk index methodologies. Grayscale announced a significant change to its DeFi Fund. Aerodrome Finance (AERO) was removed from the fund’s portfolio, and the proceeds were used to purchase Ethereum ($ENA). As of May 1, 2026, the Grayscale DeFi Fund portfolio allocation is as follows: Uniswap ($UNI) – 35.22% Aave (AAVE) – 21.36% Ondo (ONDO) – 19.83% Ethereum ($ENA) – 13.59% Curve (CRV) – 5.27% Lido…

$FET price rebounds toward key resistance as AI token rotation, exchange outflows, and progress on the Artificial Superintelligence Alliance roadmap drive renewed demand for the ASI-linked token. Summary Artificial Superintelligence Alliance’s $FET price trades around $0.23–$0.25 after rising roughly 3–5% in the last 24 hours, reversing part of its recent weekly drawdown. The token’s market cap sits between about $520 million and $650 million, with 24-hour trading volumes ranging from $150 million to over $260 million, underscoring active speculative and directional interest in AI-linked assets. An evolving roadmap toward the ASI merger, new AI agent tools, and a dedicated ASI:Chain…

ZeroStack CEO Daniel Reis-Faria says the CLARITY Act stablecoin deal reduces investor uncertainty but has not resolved institutional hesitation yet. The stablecoin deal was finalised on May 1 by Senators Thom Tillis and Angela Alsobrooks, drawing a clear line: crypto platforms cannot pay interest on stablecoins in any way that functions like a bank deposit. Activity-based rewards tied to payments and platform use are still permitted. As crypto.news reported, the Senate Banking Committee is now targeting a markup during the week of May 11, with a Senate floor vote targeted before the May 21 Memorial Day recess. “With lawmakers getting…

Bitcoin Layer 2 project Citrea has announced the launch of its ctUSD Pre-Deposit Vault, backed by over $50 million in liquidity commitments from institutional asset managers including Galaxy Digital. The vault is scheduled to open for deposits at 3:00 p.m. UTC on May 7, with an initial deposit cap set at $15 million. How the Vault Works The liquidity provided by Galaxy Digital and other partners will be supplied outside the vault in the form of Citrea’s native assets, cBTC and ctUSD. These funds will be deployed across decentralized finance (DeFi) protocols including lending markets Morpho and Zentra Finance, as…

Stablecoin infrastructure platform OpenTrade closed a $17 million funding round Wednesday led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC and CMCC Global, bringing its total funding to more than $30 million. The London-based company said the funding will be used to expand its permissioned and permissionless infrastructure and support plans to grow its asset management and trading teams. The raise follows earlier backing from a16z Crypto and comes as OpenTrade expands its offerings for fintechs, exchanges, wallets and institutional clients seeking stablecoin-based yield products. The firm provides support and infrastructure that enables fintechs, exchanges and…

Summary Anonymous crypto commentator @DeepDishEnjoyer, known online as “peepeepoopoo,” went viral on March 24 after calling out degens for minting meme coins based on their persona and using them to scam each other, in a post that racked up 50,500 views, 582 likes, and 19 retweets. The account, a self-described bearish macro voice with 40,100 followers and a Substack based in Boston, Massachusetts, previously created a joke token called $THATSIT — explicitly telling everyone it was worth $0 — only to watch it pump to a $2.6 million market cap after Chinese traders mistook it for an artificial intelligence coin.…

The likelihood that the CLARITY Act would become law has surged to approximately 68%, reflecting growing confidence that the United States might finally put clearer rules on crypto in place. But along with that optimism stands a caveat: political shifts in Washington, particularly whichever party controls the Senate, could still prolong the situation, or even sink the bill. The legislation, designed to create a comprehensive regulatory framework for digital assets, has gained traction after months of stalled Senate negotiations. Market sentiment has improved following a series of compromises on key sticking points—particularly around stablecoin rules and regulatory jurisdiction between the…

Polymarket moved closer to a bearish majority after its market on whether Bitcoin falls below $45,000 this year reached 52% before easing to 51% at press time. The move still marked a 3% gain in downside conviction and highlighted a sharper risk focus across prediction markets. BREAKING: Bitcoin is now likely to crash below $45,000 this year. 52% chance. https://t.co/YTvlpcPIjX — Polymarket (@Polymarket) March 30, 2026 YES shares traded at 51 cents, while NO shares changed hands at 50 cents. That pricing showed a narrowly split market, yet one leaning toward further weakness. Earlier sessions had kept sentiment between 44%…