Author: NBTC

Tennessee Republicans have erased the state’s last Black majority congressional district, splitting Memphis into three GOP-leaning seats. Tennessee Republicans have erased the state’s last Black majority congressional district, splitting Memphis into three GOP-leaning seats. The Republican-controlled legislature passed the new map on May 7 and Governor Bill Lee immediately signed it into law, making Tennessee the first state to enact a new congressional map directly following last week’s Supreme Court ruling that gutted the Voting Rights Act’s racial gerrymandering protections. The new map carves up the Memphis-anchored 9th Congressional District, held by Democrat Steve Cohen since 2007, spreading its voters…

MARA Holdings (MARA) is scheduled to report first quarter earnings after the market close on May 11, with Wall Street analysts expecting the company to post losses on revenue and earnings (EPS) of $184.21 million and $2.34 respectively. Results are expected to reflect the sharp decline in bitcoin prices during the first quarter, with $BTC falling roughly 25% over the period, from roughly $87,000 to $67,000, creating significant mark-to-market losses on MARA’s digital asset holdings. However, investor focus is likely to center less on short term bitcoin price volatility and more on the company’s strategic transition into artificial intelligence and…

Ronin, the gaming-centric blockchain once synonymous with the industry’s infamous $625 million exploit, is officially shedding its sidechain skin on May 12 to become an Ethereum layer 2 to improve security while maintaining throughput. Ronin, which announced the migration in April, will execute a hard fork at block 55,577,490, a process that will result in about 10 hours of downtime for users, the network said Monday on X. According to onchain data, the migration is expected to begin on Tuesday around 15:16 UTC. “Four years ago, we launched Ronin because Axie Infinity needed a faster and more efficient network,” Ronin…

El Salvador just hit another milestone in its Bitcoin journey. The country now holds over 7,600 $BTC. Recent data shows the total at around 7,606 $BTC. It is worth more than $500 million. What stands out is the steady pace. Instead of large one-time buys, the country keeps adding small amounts. ⚡️LATEST: EL SALVADOR’S BITCOIN HOLDINGS SURPASS 7,600 $BTCEl Salvador’s Strategic Bitcoin Reserve now holds over 7,606 $BTC ($511M), adding 8 $BTC in the past week as daily accumulation continues. pic.twitter.com/DTd1fokhx2 — Coin Bureau (@coinbureau) March 30, 2026 In the past week alone, it added 8 $BTC. This slow and…

A new report from 10x Research reveals that the cryptocurrency market is currently seeing a divide in capital flows between retail and institutional investors. While institutional capital continues to support assets like Solana (SOL) and Ethereum (ETH), the $XRP ecosystem is experiencing strong growth driven by retail adoption. Summary $XRP’s growth is largely driven by strong retail demand, with limited institutional involvement. Institutional capital favors Solana and Ethereum, with $XRP receiving cautious interest. $XRP Ledger sees growing retail participation, with 5.66M wallets holding under 100 $XRP. According to the 10x Research report, $XRP’s price action is mainly supported by “strong…

The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the Clarity Act) on Thursday, May 14 at 10:30 a.m. The Clarity Act was largely in limbo after Coinbase CEO Brian Armstrong announced the exchange was pulling its support over stablecoin yield and other provisions in January. Last week, Senators Thom Tillis and Angela Alsobrooks released a compromise text addressing yield, which would prohibit crypto companies from offering yield on static stablecoin reserve holdings but allowing rewards for stablecoins involved in activities, seemingly resolving one of the…

A recent analysis of cryptocurrency mining economics reveals that Zcash ($ZEC) mining is currently more than four times as profitable as Bitcoin (BTC) mining when measured by power efficiency. The finding comes amid a broader shift in miner attention toward networks offering better energy-to-reward ratios. Power Efficiency Gap Widens According to data compiled from mining profitability trackers, Zcash miners are earning significantly more value per kilowatt-hour consumed compared to Bitcoin miners. This efficiency gap has widened over the past six months, driven in part by Zcash’s lower network difficulty and the relatively high market price of $ZEC relative to its…

Ondo pipes tokenized US stocks from $BNB to HyperEVM, turning blue‑chip equities into on‑chain collateral for basis, arb and delta‑neutral strategies. Ondo Finance has deepened its tokenization push by routing U.S. stock and ETF exposure from $BNB Chain into Hyperliquid’s HyperEVM, using a cross‑chain bridge built on LayerZero’s messaging framework. The new connection brings 35 tokenized assets — including SPY, QQQ, NVDA, TSLA, GOOGL, NFLX and BABA — onto HyperEVM, where they can be combined with perps and on‑chain funding markets for basis trades, funding‑rate arbitrage and delta‑neutral positioning. Tokenized equities meet HyperEVM liquidity The bridge builds on Ondo’s existing…

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…