Author: NBTC

Hyperliquid’s share of monthly perpetual volume against all centralized exchanges reached 6.63% in May, its highest point ever. Against Binance specifically, the ratio reached a record high of 14.4%. HIP-3, Hyperliquid’s builder-deployed perpetual framework, has been the engine behind this growth, posting over $62 billion in volume in May alone and $3 billion in open interest at the time of writing. Over the past month or two, Binance has launched its own equity and pre-IPO perps on its platform, disclosing $280 million in cumulative volume across its pre-IPO perpetuals in their first five days. Against that, HIP-3 printing over ~$62…

Prediction market traders have placed more than $100 million in combined volume across Polymarket, Kalshi, and Myriad on where bitcoin’s price lands in May 2026 and beyond, with crowd odds pointing to a market stuck below $85,000 for the near term. Key Takeaways: Polymarket’s bitcoin May price market hit $21.4M in volume, with 79% odds $BTC stays below $75,000. Kalshi’s $150K bitcoin series (KXBTCMAX150) drew $33.9M in volume, giving $BTC only an 11% chance before January 2027. Myriad’s $84K vs. $55K market gives bitcoin a 76.7% chance of pumping first, with no expiration date set. Traders Put $37M on Bitcoin…

SoFi stock insider buying is back in focus after CEO Anthony Noto bought about $250,000 of SOFI shares on May 8 at $15.73 per share. The purchase came just as investors were digesting a quarter that beat revenue expectations but still failed to lift sentiment. With SOFI trading near $15.75 and down about 40% for the year, the timing drew immediate attention. SoFi had just reported $1.09 billion in quarterly revenue, above Wall Street’s $1.05 billion estimate, while earnings per share matched consensus at $0.12. Even so, the stock struggled after management chose not to raise annual guidance. That disconnect…

A new report from Ripple is fueling fresh discussion about $XRP role in corporate finance. Commentators argue that adoption is already structurally in place, regardless of regulatory outcomes such as the proposed Clarity Act. $XRP community pundit Chad Steingraber pointed to a key section of Ripple’s latest treasury report, stressing that “digital assets” are becoming part of enterprise systems. He emphasized that “$XRP can and will be used” across corporate treasuries, with or without new legislation. Key Points $XRP is usable in corporate treasuries regardless of Clarity Act outcome, Ripple report suggests. Ripple treasury tools integrate $XRP, $RLUSD, and fiat…

Stablecoins are rapidly moving into mainstream finance. According to Fireblocks research, 69% of private banks and wealth managers are already running stablecoin initiatives, highlighting how quickly digital dollars are becoming part of the global payments stack. To help meet that demand, Fireblocks has launched Flow, a new infrastructure platform designed to help PSPs and fintechs accept stablecoins and crypto payments while settling in the stablecoin of their choice. One Integration, Hundreds of Wallets Flow supports more than 800 wallet types across EVM networks, Solana, and Bitcoin, along with exchange deposits from Coinbase, Kraken, and Crypto.com. Consumers can pay using their…

With bitcoin drifting just beneath the $77,000 range, a whale moved a cache of 500 $BTC from a wallet established more than a decade ago. The funds appear to have flowed through the over-the-counter (OTC) desk Wintermute and a wallet identified as a Binance deposit address. Key Takeaways: Wintermute-linked wallets received 500 $BTC worth $38M after a 10-year dormancy period. Arkham Intelligence data flagged links between Wintermute transfers and a Binance deposit wallet. Bitcoin at $382 in Jan. 2016 turned 500 $BTC into a holding nearing $38 million today. Bitcoin Whale Moves 500 $BTC; Assets Likely Sold A sizable trove…

In brief Yuga Labs operated a whitehat hacking operation on Sunday, saving more than $500,000 worth of NFTs from being stolen in an exploit. The exploit impacted defunct $NFT liquidity project Floor Protocol. Yuga Labs maintains custody of the NFTs as it works to find a solution to return them to their rightful owners. Yuga Labs, the team behind the Ethereum $NFT collection Bored Ape Yacht Club, rescued approximately $570,000 worth of NFTs from an exploit that affected the defunct liquidity platform Floor Protocol on Sunday. The whitehat operation, which led to the rescue of 29 Bored Apes and two…

US President Donald Trump made noteworthy statements regarding the ongoing tensions and ceasefire talks with Iran. Trump described Iran’s latest offer as “completely unacceptable” and “a foolish proposal,” while stating that the possibility of a diplomatic solution remains on the table. Trump reiterated that they would not allow Iran to possess nuclear weapons, saying, “We have a plan regarding Iran.” He argued that the US was acting in the name of global security. The US President also claimed that the Iranian side had at one point said that the US could provide nuclear materials, but later reneged on its previous…

Ripple CTO Emeritus David Schwartz has dismissed claims that his public statements are constrained by non-disclosure agreements (NDAs) he signed with Ripple. His response comes amid fresh speculation within the $XRP community about how much insiders like Schwartz can truly disclose after stepping away from official roles. Key Points A community member speculated that David Schwartz may be constrained by NDAs limiting full transparency around Ripple and $XRP. Schwartz says he never signed any agreement that would require him to mislead $XRP holders. His response followed criticism of a widely circulated $10,000 $XRP price prediction, which he argues lacks backing…

Thunes’ U.S. Real-Time Payments Push Signals Bigger Role for Ripple and XRP in Institutional Finance As highlighted by crypto observer SMQKE, global payments firm Thunes has expanded its real-time payments infrastructure into the United States, signaling a deeper shift in how institutional cross-border payments are being built. The move is anchored by a direct connection to a Tier 1 financial institution, an integration that places Thunes inside the core of global banking rather than at its edges. Tier 1 banks form the backbone of the correspondent banking system, so direct access to them points to a higher level of trust,…