Author: NBTC

Bitcoin has sparked discussions across the crypto market just after its price slipped below the $75,000 mark on Saturday, May 23. This weak price move has seen traders increasingly turn bearish on the world’s largest crypto asset. As such, a popular crypto prediction platform, Kalshi, has issued a bearish forecast on Bitcoin. Bitcoin to fall below $50,000 this year According to Kalshi, the chances of Bitcoin falling below $50,000 this year have increased to 40% as traders appear to be taking caution amid the prolonged market volatility. This means that Bitcoin is increasingly becoming more likely to retest $50,000 and…

The Bank of England is walking back some of its most restrictive stablecoin proposals after Deputy Governor for Financial Stability Sarah Breeden admitted the institution may have been too cautious. The reassessment comes amid mounting pressure from crypto firms that argue the UK risks falling behind other jurisdictions in digital asset innovation. Breeden told the Financial Times that the central bank is actively exploring alternatives to ownership caps and reserve requirements that the digital asset industry has called unworkable. The original proposal The plan, floated in late 2025, would have capped individual holdings of sterling-denominated stablecoins at £20,000 and business…

The leading Solana [$SOL] digital assets trust (DAT), Forward Industries, announced a strategic investment in OnRe, a regulated on-chain reinsurance provider. OnRe was also acquired by RockawayX, a multinational, multi-strategy digital asset investment company. On-chain reinsurance on Solana? According to the press release, OnRe’s $5 million Series A round was co-led by these two companies. Wherein, Forward planned to invest up to $25 million on Solana in ONyc, OnRe’s yield-bearing token. For context, ONyc provides cryptocurrency users with access to institutional-grade reinsurance yields, which they can then actively utilize within DeFi strategies. Due to its integration, ONyc can be used…

Brazil’s central bank reportedly introduced mandatory independent audits for crypto service providers. It will add another layer to the already tough rules in the country. According to the published rules, crypto firms that want a license or to renew an existing one will have to submit an independent auditor’s report. It will be a part of the approval process. It added that the audits must be carried out by professionals registered with Brazil’s securities regulator, the Comissão de Valores Mobiliários (CVM). Audit costs may squeeze smaller Crypto firms Regulators want auditors to assess whether crypto firms are doing the right…

South Korean cryptocurrency exchange Coinone has announced it will restrict deposits and withdrawals related to the $HTX platform, effective May 28. The decision comes after Coinone confirmed that an $HTX-affiliated entity, HUOBI GLOBAL S.A., has been added to The UK Sanctions List. Background of the Restriction Coinone stated that the move is a direct response to the UK sanctions designation. HUOBI GLOBAL S.A., which is closely linked to the $HTX exchange, was placed on the UK Sanctions List, triggering compliance obligations for Coinone. The exchange emphasized that the restriction is a precautionary measure to ensure adherence to international financial regulations.…

The value of real-world assets (RWA on Stellar) surpassed $2 billion by mid-2026. The SEP-40 standard defines the unified interface through which the network’s smart contracts request price data. RedStone has implemented this standard with production support for nine assets on the blockchain. The mid-year records reveal that Stellar’s RWA ecosystem has experienced a notable expansion, surpassing $2 billion in tokenized asset value. These figures reflect a 4x increase in its size over a 12-month period, within a global context where this market grew from $6 billion to over $31 billion between early 2025 and mid-2026. Notably, this network formally…

BitMEX founder Arthur Hayes said Bitcoin holders should not confuse Michael Saylor’s buying machine with a safety net for their own portfolios. Arthur made the point during a May 13 interview with Scott Melker (aka Wolf of All Streets), where he said Michael’s role is tied to Strategy (MSTR), not to ordinary investors holding Bitcoin and hoping a public company will keep bidding forever. Arthur said Michael is there to protect Strategy, its stockholders, and the products built around its balance sheet. “Saylor is not there to protect your Bitcoin bags.” Arthur says traders can use STRC to guess when…

Nakamoto reported $2.7 million in first-quarter operating revenue after completing its acquisitions of $BTC Inc. and UTXO Management on Feb. 20. The company said the deals added media, asset management and advisory businesses to its Bitcoin-focused model. Revenue included $1.1 million from Bitcoin treasury and derivatives activity, $0.8 million from media and information services, $0.2 million from asset management, and $0.5 million from healthcare operations. Nakamoto said the acquired businesses contributed for only part of the quarter. Net loss reaches $238.8 million The company posted a net loss of $238.8 million for Q1, compared with a $1.0 million loss a…

WeHub, a blockchain and digital asset firm, along with its largest shareholder Yang Jae-seok, chairman of JM Coffee Group, has agreed to acquire South Korean crypto exchange Flybit, the Busan Digital Asset Exchange ($BDX) announced today. The acquisition price was not disclosed, according to Maeil Business Newspaper. Deal Structure and Ownership Under the terms of the agreement, WeHub will hold a 40% stake in Flybit. Chairman Yang Jae-seok will own 25%, while Flybit CEO Kim Seok-jin will retain a 15% share. The remaining 20% is expected to be held by other investors or management. The deal marks a significant consolidation…

In May 2026, the number of active addresses on the Wrapped Bitcoin (WBTC) network dropped sharply to just 2,134, marking the lowest level seen since the start of the year. This figure, calculated using a seven-day moving average by CryptoQuant’s on-chain analysis, highlights a significant decline in activity on the Ethereum-based version of Bitcoin. DeFi activity slows to a crawl WBTC serves as a popular bridge token bringing Bitcoin liquidity into the Ethereum ecosystem, especially for use in decentralized finance (DeFi) applications. Investors typically transfer WBTC to lend, provide liquidity, or use as collateral within DeFi protocols. However, the exceptionally…