Author: NBTC

Goldman Sachs warned that macro uncertainties remain significant, though short-term risk has eased for equities. The U.S. 10-year Treasury yield climbed past 4.63%, reported AMBCrypto, the highest level since February 2025. A lack of clarity regarding the U.S.-Iran peace talks and rising oil prices contribute to the macro risk outlook. Source: $BTC/USDT on TradingView Since Friday, the 15th of May, Bitcoin [$BTC] has corrected by 5.15%, falling from $81k to $76.9k. The 4-hour chart has a bullish structure, but the area up to $90k was a higher timeframe supply zone. Source: CryptoQuant The recent losses were almost entirely driven by…

A DeFi protocol’s attempt to hedge a volatile token has backfired sharply. PiggyBank closed a $LAB hedge position after extreme price swings and deeply negative funding rates rendered the trade unworkable. The unwind, detailed in the original report, left vault net asset values nursing drawdowns of up to 15%. On-chain investigator ZachXBT immediately called the strategy into question, saying it put user funds at risk chasing a highly speculative asset. The incident exposes the knife-edge risk management challenges DeFi protocols still grapple with. When funding rates flip persistently negative, short hedges on thinly traded tokens become prohibitively expensive. PiggyBank found…

The White House Council of Economic Advisers thinks it has found a $35 billion idea hiding inside America’s retirement accounts. The pitch: let 401(k) holders invest in private equity, and the resulting capital deployment could generate $35 billion in annual GDP growth for the US economy. The projection, published in a CEA report in August 2025, rests on a specific assumption. If retail investors shifted roughly 20% of their retirement assets toward private markets, the returns and downstream economic activity would produce that headline figure. Given that 401(k) plans held an estimated $10.5 trillion in total assets as of 2023,…

Citrea, a prominent Bitcoin Layer 2 scaling solution, has officially launched its governance token, CTR. The Block reported this significant development on March 21, 2025. This launch marks a pivotal moment for the Bitcoin ecosystem, introducing decentralized governance to a network traditionally focused on security and value transfer. The CTR token empowers holders to shape the future of Citrea’s treasury and network operations. Citrea Governance Token CTR: Tokenomics and Distribution The CTR token has a fixed total supply of 10 billion tokens. The team designed the distribution to prioritize community ownership and long-term alignment. Specifically, 60% of the total supply,…

The U.S. Commodity Futures Trading Commission wants to tear up the remnants of an old dispute with crypto exchange Gemini, with the agency insisting that its own staff’s assertions about Gemini making misleading statements weren’t handled properly. The CFTC filed a request alongside Gemini in federal court to negate a settlement secured at the start of last year, with the current agency essentially disputing the conclusions of the previous agency. After a review of the case, the CFTC “concluded the complaint should not have been filed — and would not have been under current enforcement standards,” it said in a…

Cboe Global Markets is seeking to preserve regulatory flexibility for its inactive crypto exchange after the U.S. Commodity Futures Trading Commission granted temporary no-action relief tied to the venue’s dormant status. In a June 3 letter, the CFTC said it would not recommend enforcement action against Cboe Digital Exchange if the platform lists products without formally reinstating its designated contract market status during a limited relief period. The move comes as Cboe Digital approaches classification as a “dormant designated contract market” after nearly a year without trading activity. Why Cboe Digital became inactive Cboe Digital was originally launched after Cboe…

0x Protocol (a DEX aggregator API that has routed $180 billion in swap volume since 2017) opened its Cross-Chain API to general availability Wednesday. Twelve bridge providers are live from day one, accessible through a single API call. The partner list includes Circle, Chainlink, USDT0, Relay Protocol, LayerZero, Optimism, Across Protocol, Mayan, Stargate Finance, NEAR Protocol, Gas.zip and Squid Router. The API delivers routes with a median bridge time of 10 seconds and a quote response under 750 milliseconds, per 0x’s product page. The company reports 99.97% uptime on the underlying infrastructure. For developers, the pitch is consolidation. A wallet…

Michael Terpin, an early Bitcoin investor often referred to as the “godfather of cryptocurrency,” has outlined a price scenario that places Bitcoin’s next market bottom between $48,000 and $57,000, with a 50% probability of occurring this October. His analysis, shared in a recent interview, suggests that the current market dynamics differ from previous cycles due to structural buying pressure from institutional players. Key Factors Behind the Prediction Terpin pointed to sustained accumulation by Strategy (formerly MicroStrategy, ticker STRC) and the continued inflow from spot Bitcoin exchange-traded funds (ETFs) as key reasons why the downside is limited. He assessed that a…

Morpho Blue, a pioneering team in the DeFi space, has revealed its latest technical document introducing Morpho Midnight. This innovative protocol is set to transform on-chain credit markets by implementing a fixed interest, term-based lending model. Distinct from the traditional variable rate pools, the proposal invites borrowers and lenders to agree on interest rates and maturity dates upfront. With $25 billion circulating in on-chain credit, Morpho Midnight targets institutions that prioritize predictability in financing. How does the fixed rate pool operate? The framework of Morpho Midnight relies on tradeable units that promise a specified payout upon maturity, akin to traditional…

Bank of Japan board members called for swift interest rate hikes if inflation risks from the Iran war and energy shock persist, raising pressure on Japan’s crypto market. Minutes from the BOJ’s March meeting, released May 7, showed many board members supporting hikes if elevated oil prices continued to feed broader inflation. One member said the BOJ should raise rates “without long intervals.” Another argued for tightening “without hesitation” if the economy avoided major damage from the conflict. The April Summary of Opinions, released May 11, reinforced that tone. One member said the central bank should “act decisively” on further…