Author: NBTC

The legislation that could fully insert the U.S. crypto industry into the regulated financial system has emerged in its latest form, with the Senate Banking Committee unveiling the market structure bill’s text just after midnight on Tuesday in advance of this week’s hearing that’s set to push the effort forward. The latest version wasn’t expected to offer many surprises for the crypto industry that’s already had a chance to dig through it privately, but it includes still-contentious language on stablecoin yield and it maintains legal protections for decentralized finance (DeFi) developers, keeping that corner of the crypto sector happy (so…

Bitcoin ($BTC) has experienced a correction of over 50% since peaking around $126,000 in October 2025. During the current correction, Bitcoin fell to levels around $60,000, but is now trying to hold above $70,000. While technically the bear market is still ongoing, investors are trying to catch the bottom for Bitcoin. While there are various predictions for the bottom at this point, one CryptoQuant analyst said it could take two months for $BTC to reach its bottom. CryptoQuant analyst Maartunn, in a statement from his X account, predicted that if Bitcoin follows its historical pattern, a potential bottom will occur…

A prominent Ethereum whale has made a significant purchase, adding 4,677 $ETH to its already substantial holdings. On-chain data reveals the transaction, valued at approximately $9.94 million, was executed within the past 24 hours and is believed to have originated from the Swiss cryptocurrency exchange Shapeshift. Whale Accumulation Continues This latest acquisition brings the address’s total Ethereum balance to 133,666 $ETH. At current market prices, the whale’s holdings are now valued at an estimated $281 million. The address has been a notable accumulator over recent months, and this purchase represents one of its larger single transactions. On-Chain Data Reveals Transaction…

Cryptocurrency data infrastructure provider Pyth Network ($PYTH) announced a radical change in its economic model, shifting to a revenue-driven growth strategy. According to the statement, the project will accelerate infrastructure investments while moving away from a token-based incentive model and focusing on sustainable revenue generation. According to Pyth’s OP-PIP-100 proposal, the existing network infrastructure, Pythnet, is planned to be phased out gradually by 2026. During this process, the network’s focus will shift to Lazer, a next-generation infrastructure solution. Furthermore, Pyth Pro and Data Marketplace products, which offer data services for enterprise use, will be positioned at the center of the…

$SKYAI jumps 44% to top the day’s top‑100 gainers as $ONDO sinks 10%, highlighting a rotation from RWA and yield infra into AI‑adjacent tokens riding the agentic AI narrative. According to CoinMarketCap data, $SKYAI is Tuesday’s standout performer among the top 100 cryptocurrencies by market capitalization, jumping 44.45% to a current price of $0.5792 as AI-themed tokens continue to attract disproportionate speculative interest in a market where the agentic AI narrative is building momentum. BUILDon followed with a 15.32% gain to $0.6454, and Humanity added 13.06% to reach $0.2646, rounding out a top three that is heavily skewed toward newer,…

In brief The Senate Banking Committee is set to vote Thursday on the Clarity Act, a major crypto bill. Key fights remain over stablecoin rewards, President Trump’s crypto ventures, and protections for DeFi software developers. Crypto leaders are increasingly optimistic the bill can pass, though a partisan committee vote could complicate matters. After months of dramatic back-and-forth, crypto’s long-desired market structure bill is set for a do-or-die vote on the Senate Banking Committee this Thursday. Several battles regarding key language in the legislation remain unresolved—but crypto policy leaders are increasingly confident they may be able to get the bill passed…

Recent analyses published regarding cryptocurrency markets have once again brought the impact of geopolitical developments on Bitcoin’s price to the forefront. According to a report shared by liquidity provider and market maker Wintermute, developments in the Middle East and volatility in energy markets, in particular, could be decisive for Bitcoin. The report predicted that if maritime traffic in the Strait of Hormuz returns to normal and oil prices stabilize at around $100 per barrel, Bitcoin could test the resistance zone between $74,000 and $76,000. Analysts note that this scenario could contribute to a renewed increase in risk appetite in the…

Ethereum entered a volatile stretch after a sharp liquidation wave erased bullish positions across the market. Over the past 24 hours, nearly $246 million in long positions were wiped out. That forced selling added pressure as automated liquidations pushed prices lower. The decline became more fragile as trading activity weakened alongside the sell-off. Lower volume often reduces the market’s ability to absorb aggressive selling. That setup can leave prices vulnerable to sharper downside swings. Source: CoinGlass The recent liquidation spike reflected how quickly bullish sentiment weakened after Ethereum lost momentum. When leveraged long positions begin closing rapidly, the selling pressure…

Tokenized U.S. Treasuries have hit a record $14 billion as of April 2026, a 37x jump from early 2023. That has positioned Treasuries as a safe haven for the broader $29 billion RWA sector, but will everyday buyers actually “buy in”? Token Terminal data shows that the surge is driven by heavyweights bringing institutional-grade yield on-chain. Circle’s USYC leads the pack with $2.9 billion in assets, catering primarily to non-U.S. investors. BlackRock’s BUIDL, managed via Securitize, has surpassed $2.5 billion, and Centrifuge’s JTRSY is third with $1/.5 billion in assets. Meanwhile, Franklin Temploton’s IBENJI sits at a close fourth with…

21shares launched THYP to give U.S. investors spot exposure to $HYPE with integrated staking rewards. The ETF recorded $1.8 million in first-day trading volume, while a leveraged companion product also entered the market. Key Takeaways: THYP launched with spot $HYPE exposure, staking rewards, and $1.8 million in trading volume. Investors face staking risks, market-price trading, and no direct individual share redemption. TXXH’s daily leverage reset may amplify losses over time. Hyperliquid ETF Debut Puts THYP in Focus Asset management firm 21shares announced on May 12 the launch of the 21shares Hyperliquid ETF (Nasdaq: THYP), offering U.S. investors spot exposure to…