Author: NBTC

Shiba Inu burn rate has seen a 710% rise, with 5,678,332 $SHIB burned in the last 24 hours, according to the $SHIB burn website. The 710% increase represents one of the biggest daily rises in $SHIB burn rate in recent weeks. Shiba Inu burning saw a sharp increase on May 11, rising from 700,000 $SHIB to over 5.5 million $SHIB in less than 24 hours. The daily $SHIB burn added to a total of 23,753,662 $SHIB burned in the last seven days and 188,168,328 $SHIB in the last 30 days. The supply reduction push follows as $SHIB saw one of…

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. This week in crypto law marked another major step toward the normalization of digital assets within the global financial system. U.S. lawmakers appear closer to resolving one of the most contentious issues in crypto regulation, while enforcement actions and high-profile litigation continued reshaping the legal landscape. At the same time, crypto firms are increasingly…

Kraken has launched $AVAX staking for eligible users globally, offering up to 10% APY on bonded positions. Kraken announced $AVAX staking on May 21 with three earning options: Bonded Staking up to 10% APY for a limited time, then 7% APY. Auto Earn and Flexible Staking each offer up to 3.5% APY. “Staking $AVAX has always been possible, but for most holders it’s meant managing validators and technical complexity. We made it simple for clients to participate in protocol staking across various Earn offerings. Kraken runs the infrastructure,” said John Zettler, Kraken Director of Earn Products. $AVAX staking is now…

a16z crypto says Wall Street is adopting blockchain less for ideology than for efficiency, risk control and programmable market infrastructure that makes assets composable. a16z crypto general partner Guy Wuollet says the financial industry is undergoing a digital migration in which blockchain is becoming core infrastructure, much as cloud computing became the backbone of modern enterprise software. In his essay, Wuollet argues that “digital assets” are not mainly about ideology or decentralization, but about upgrading the architecture of finance itself. “Wall Street is beginning to adopt blockchains with zeal: Not because it’s fixated on the idea of decentralization, but because…

Bitcoin’s recent price stagnation reflects a market grappling with uncertainty, and confidence being tested not just by economic forces but also by political influence. At the center of this tension is Donald Trump, whose unpredictable remarks on cryptocurrency policy have injected fresh volatility into an already sensitive market. How Bitcoin Struggles For Direction As Uncertainty Deepens The Bitcoin market is currently in a pause and indecision, with price action reflecting broader uncertainty. A crypto trader and investor, EliZ, pointed out on X that a significant factor contributing to this hesitation is the steady stream of unpredictable statements from US President…

Ethereum treasury firm Bitmine Immersion (BMNR) bought about $154 million in ether ($ETH) last week, as Chairman Tom Lee blamed surging oil prices for the second-largest crypto’s recent weakness. The firm said it purchased 71,672 $ETH, a sharp increase from the previous week’s 26,000 token haul. The size was also notable, as Lee recently said the company would slow its $ETH purchases. “We view the recent pullback of $ETH to below $2,200 as an attractive opportunity,” Lee explained in a statement. Lee argued that oil has become the main factor pressuring $ETH price. “$ETH inverse correlation to oil is the…

South Korea’s new Bank of Korea Governor Shin Hyun-song used his April 21 inaugural address to plant a firm stake in the ground: the country’s digital money future runs through central bank digital currency ( CBDC) and bank-issued deposit tokens, not private stablecoins. Key Takeaways: Bank of Korea (BOK) Governor Shin Hyun-song, sworn in on April 21, 2026, made CBDC and deposit tokens the centerpiece of his inaugural address. Project Hangang Phase 2, now involving 9 banks, targets government subsidy use cases worth up to 110 trillion won ($73B). Shin’s omission of stablecoins from his first speech signals a state-first…

$XRP adoption around real-world transactions continues to expand considerably, with the monthly count growing over 65% in the past 12 months. Recent data reinforces $XRP’s growing utility, as more retail and institutional players continue to enter the scene. The crypto asset’s use for transactional activities globally has increased over the past year, as reflected in the monthly count. Key Points The number of monthly transactions on the $XRP Ledger has increased 65% in 12 months. These transactions grew from 43 million in May 2025 to 71 million per month in April, highlighting increased usage. The top transaction drivers include Bitstamp,…

Investor and hedge fund manager Mark Yusko said that the proposed CLARITY Act could strengthen the position of large financial institutions in crypto markets rather than support decentralization, as U.S. lawmakers prepare for a key Senate committee vote on the legislation this week. The Senate Banking Committee officially scheduled the CLARITY Act markup for Thursday, May 14, at 10:30 a.m. ET, in what would be the first committee vote on a full U.S. crypto market structure bill. The legislation has gained momentum after a stablecoin yield compromise between lawmakers, helping move the bill out of months of procedural delays. Prediction…

Coinbase Derivatives is bringing perpetual-style equity index futures to U.S. regulated markets on June 8, giving traders direct exposure to artificial intelligence (AI), Chinese equities, defense, and broad tech through four new thematic contracts. Key Takeaways: Coinbase Derivatives launches perpetual-style equity index futures on June 8, 2026, targeting U.S. regulated markets. Four contracts covering AI, China, defense, and tech give traders thematic exposure via a funding-rate mechanism. Retail access to Coinbase’s AIP, CHN, DEF, and TEK perp contracts is planned for the coming months. U.S. Traders Get Regulated Equity Perps From Coinbase Derivatives on June 8 The exchange announced the…