Author: NBTC

Bitcoin’s latest exchange data show a market facing heavier spot-side pressure with Binance inflows staying elevated and reserves rebuilding from April lows. CryptoQuant analyst Darkfost said the shift has unfolded during a broader correction shaped by tense geopolitical conditions and weaker risk appetite. The data points to three linked signals behind the pressure: persistent Binance deposits, falling apparent demand, and weaker unrealized profits. Together, they explain why traders are watching whether recent inflows reflect profit-taking, lower exposure, or defensive repositioning. Binance Inflows Show Stronger Exchange Pressure The first signal is the sharp rise in Binance inflows. On May 16, the…

The cryptocurrency market is looking at the wrong signals, and a massive shift in how the world’s financial networks operate is happening quietly behind the scenes. In a keynote address at the Proof of Talk conference in Paris, Tom Lee, head of Research at Fundstrat and Chairman of Bitmine Immersion Technologies (BMNR), told his audience that ether ($ETH) is experiencing significant changes that will eventually drive up its price to $250,000. While Lee did not provide a specific timeline for the target, he did map out the infrastructure shifts driving the network toward that value. Ether on Tuesday was changing…

Payward, the parent company of crypto platform Kraken is cutting 150 jobs. according to two people with knowledge of the matter. The cuts are said be part of an optimization process ahead of the crypto firm’s planned public listing, one of the people said, who spoke on condition of anonymity because the matter is private. Kraken employs around 3,000 people in total. “We don’t comment on specific personnel or operational decisions. As a high performance culture, we continually evaluate and evolve our organization to ensure we have the right structure and talent in place to optimize growth and deliver for…

A wallet address believed to be affiliated with crypto financial services platform Matrixport has sold an additional 100,000 $HYPE tokens, valued at approximately $4.26 million, according to on-chain monitoring service Onchain Lens. The transaction marks the second major sale from the same address in recent weeks. Continued Token Liquidation Raises Questions Onchain Lens data shows that the suspected Matrixport address has now liquidated a total of 200,000 $HYPE tokens across multiple transactions, converting them into 8.447 million $USDC. The latest sale follows an earlier transfer of 100,000 $HYPE that was similarly swapped for stablecoins. The consistent pattern of large-scale selling…

GMATRIXS, a renowned Web3 ecosystem adoption platform, has collaborated with GamePad, a prominent Web3 infrastructure entity. The partnership is poised to combine the innovative ecosystem of GMATRIXS with the cutting-edge infrastructure of GamePad. As per GMATRIXS’s official social media announcement, it is leveraging the effective compute layers, long-term stability, and reliable automation. Hence, this integration highlights a wider market trend where blockchain gaming is gaining significant support from intuitive DeFi infrastructure. 🎉 Excited to announce our new #Partnership with @gamepad_co⚙️ https://t.co/68VOWcbk2M powers scalable DeFi with efficient execution, reliable compute, and stable long-term infrastructure. 🚀#Gmatrixs #Gamepad.co #Web3 #GameFi #DeFi pic.twitter.com/ixGHhdVhVk —…

Base said AI agents are becoming a new class of internet customers as wallets, stablecoins, and x402 payment rails allow them to pay for online services without constant human intervention. The network said agents are already using Base to pay for inference, live search, market data, browser sessions, research workflows, travel tools, and other services. The shift follows an earlier wave of agent activity focused mainly on social posting, media creation, community building, and token launches. Between October 2024 and February 2025, nearly 16,000 agents launched on Base through Virtuals, an AI agent platform that lets users create agents and…

World, the cryptocurrency project formerly known as Worldcoin, has entered a partnership with the rock band Thirty Seconds to Mars to introduce a biometric identity-verified ticketing system called ‘Humans Only Ticket.’ The initiative aims to prevent ticket scalping and ensure that tickets are purchased by real individuals rather than automated bots. How the Humans Only Ticket System Works To purchase tickets under this system, fans must first complete a World ID verification using an Orb device through the World App. This verification generates a unique purchase code, which is then required to complete the transaction on Ticketmaster. While the final…

Bitcoin’s latest pullback has started reshaping short-term market sentiment after weeks of aggressive upside momentum. Although the broader structure still favors bulls, recent trading activity shows that buyers have lost strength near the $82,800 resistance region. Consequently, Bitcoin now trades under critical short-term levels while traders monitor whether support around $76,000 can stabilize the market. The recent correction followed repeated failures near the upper resistance zone. Moreover, Bitcoin slipped beneath the 20-day exponential moving average near $78,100, increasing downside pressure across the market. Price action now shows a sequence of lower highs, which often signals weakening bullish momentum during a…

Faisal Monai, chair of Saudi Arabia’s largest tokenization platform, believed in digital payments years before bitcoin’s inception in 2009. By 2007, he had already led the transition of the Saudi Arabian kingdom’s $4 trillion cash-heavy payments system into a digital network. Before SADAD came into existence in 2004, the Saudi Central Bank digital payments system he designed, about 70% of bill payments across the kingdom were paid in cash at physical branches. People had to queue for hours just to pay a utility bill. Monai put an end to that linking every bank in the oil-rich country to every major…

The MegaETH Foundation, which manages MegaETH’s development and incentive design, announced its first $MEGA buyback on Friday, funded entirely by net rewards accumulated from the USDm issuer through April. The team did not disclose the size of the first buyback. On May 7th, the MegaETH Foundation completed its first $MEGA buyback, using all net rewards accrued from the USDm issuer up until the end of April. Current USDm supply sits at $480M. We intend future buybacks to be programmatic and onchain. — MegaETH (@megaeth) May 8, 2026 MegaETH is an Ethereum layer 2 scaling network focused on fast consumer apps…