Author: NBTC

10x Research, known for its analysis of the cryptocurrency market, announced that Bitcoin has entered a downward trend again. The company’s assessment, published on its X platform, stated that changes in institutional investor behavior, in particular, are putting pressure on the market. According to the analysis, the recent strong outflows from spot Bitcoin ETFs indicate that investors are entering a risk-reduction phase. According to 10x Research data, approximately $2.7 billion has flowed out of spot Bitcoin ETFs since May 7th. The company suggested that a significant reason for this movement was statements by MicroStrategy founder Michael Saylor implying that selling…

U2U Network, a cutting-edge Web3 infrastructure platform, has partnered with HyperSui, a renowned perpetual decentralized exchange. The partnership aims to accelerate the DeFi ecosystem through the Sui network. As per the official social media announcement of U2U Network, the development broadens the opportunities within the U2U platform, utilizing scalable community reach and robust infrastructure to advance the decentralized infrastructure adoption. Thus, the initiative indicates a wider commitment to efficiency, accessibility, and inclusivity across the rapidly evolving Web3 sector. U2U Network x @hypersuiAs the first Perp DEX built on Sui, HyperSui is bringing fast, low-cost, and user-friendly DeFi trading to the…

An on-chain address linked to Fenbushi Capital has reportedly sold 11,101 Ethereum ($ETH), realizing an estimated loss of approximately $11.79 million, according to blockchain analyst ai_9684xtpa. The transaction underscores ongoing volatility in the cryptocurrency market and provides a rare glimpse into the trading activity of a major institutional investor. Background of the Transaction The address in question had previously withdrawn a total of 33,398 $ETH from the Binance exchange between February and April of last year. Those withdrawals were executed at an average price of $3,039.36 per $ETH, suggesting a strategic accumulation phase during a period of relatively stable prices.…

Propy and Milo are combining crypto-backed mortgages with blockchain-based real estate settlement for a fully digital home-buying process. The partnership aims to let crypto investors purchase property without selling their digital assets. Key Takeaways: Propy and Milo launched a U.S. crypto mortgage platform with loans up to $25M. Bitcoin and Ethereum-backed mortgages could expand crypto use in real estate markets. Milo says its loans withstand 65% Bitcoin drops as crypto home-buying adoption grows. Tim Draper Backs Propy as Milo Expands Crypto Mortgage Access Across the U.S. Real estate platform Propy and crypto lender Milo are joining forces to build what…

A group of activist investors (or treasury “raiders,” depending on who you ask) are proposing a treasury redemption program for $GNO tokenholders. Should proposal GIP-150, which calls for “a one-time, opt-in pro-rata treasury redemption,” pass, those in favor would receive a share of the over $220 million held by the “well-capitalized” treasury. This move comes less than six months after Gnosis DAO voted to fire its former treasury manager KPK. The proposal’s author, who goes by Wismerhill argues that $GNO trades at a “persistent and widening discount” to the value of the Gnosis DAO treasury. Despite $22.5 million of recent…

South Korea’s dominant crypto exchange just gave io.net’s IO token the one thing every altcoin wants: direct fiat access in one of the world’s most active trading markets. Upbit has listed IO on its KRW (Korean won) market, with the token running on the Solana blockchain. This isn’t IO’s first appearance on Upbit. The exchange previously added IO trading on BTC and USDT pairs in May 2025. But a KRW listing removes the friction of converting won to a stablecoin or Bitcoin before buying in. What io.net actually does io.net operates as a decentralized GPU network, pooling computing power from…

Anonix Eyes Transforming XRPL Into a Next-Generation AI Marketplace Ecosystem The $XRP Ledger (XRPL) has long been recognized for fast transactions, low fees, and efficient cross-border payments. However, according to Anonix, the network’s future may extend far beyond moving value across borders. Anonix, a fully decentralized AI platform focused on quantum-resistant encryption, privacy, and anonymous digital interactions, believes the next evolution of XRPL lies in powering a new generation of digital marketplaces driven by artificial intelligence and decentralized services. At the center of this vision is an integrated ecosystem where users can access AI-powered tools, decentralized services, digital commerce, social…

In a groundbreaking move to power a scalable DeFi network and offer better user crypto trading experiences, Bullbit, a decentralized perpetual exchange, today entered into a strategic partnership with GamePad, a Web3 infrastructure platform. This crucial collaboration allowed Bullbit to integrate GamePad’s Web3 smart execution and runtime infrastructure to provide its decentralized perpetual exchange with a reliable execution environment that boosts performance and scalability. Bullbit is a recognized decentralized perpetual exchange that merges the operation and functionality of CEXs (centralized exchanges) with DeFi transparency, all driven by AI agents. Its perpetual futures DEX (decentralized exchange), built on the Base blockchain,…

An anonymous cryptocurrency whale has moved 9,000 Ether ($ETH), valued at approximately $17.86 million, to the Bitfinex exchange after holding the assets for five years. The transaction, flagged by blockchain tracking firm Onchain Lens, suggests the investor may be preparing to take profits following a long-term holding period. Background of the Transaction The wallet address, identified as starting with 0x2E8e9, originally purchased 10,000 $ETH from the decentralized exchange Uniswap for $4.63 million five years ago. Shortly after that acquisition, the funds were withdrawn from the exchange and held in self-custody. According to onchain records, a portion of the original holding…

Data from May 15th on spot cryptocurrency ETFs traded in the US revealed that investor interest remained largely focused on Bitcoin, while exit pressure continued on Ethereum funds. According to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $131 million yesterday, while Ethereum spot ETFs experienced a net outflow for the fourth consecutive trading day. On the Bitcoin side, the strongest performance of the day was exhibited by BlackRock’s spot Bitcoin ETF, IBIT, one of the world’s largest asset management companies. The fund topped the list by attracting a net inflow of $144 million in a single…