Author: NBTC
USDe enters Phase 5 with $547M growth, aiming for $14B market cap by August 2025. Supply closely tied to APY shifts, with 45% yields not always driving adoption. Three clear USDe growth cycles marked by issuance surges and followed by redemptions. Ethena’s USDe stablecoin has entered its fifth market expansion phase, registering a net creation of $547 million in May 2025. The new cycle, known as Phase 5, follows a series of growth and contraction periods observed over the past year, as documented by Entropy Advisors. The current total supply of USDe stands at $4.6 billion. If the pattern of…
The approval of spot Bitcoin ETFs in January 2024 and the signing of an executive order by US President Donald Trump on a strategic Bitcoin reserve have increased institutional appetite for BTC. While many new companies have been purchasing Bitcoin in the last two months, a new one is being added to them. Accordingly, the latest news came from Spain, where Spanish coffee chain brand Vanadi Coffee announced that it plans to invest up to 1 billion euros ($1.1 billion) in Bitcoin. Stating that it plans to transform into a completely “Bitcoin-focused” company, Vanadi Coffee announced that they are following…
According to Sentora (formerly IntoTheBlock), Ethereum fees have skyrocketed over 130% this week. Per a graphic shared by Sentora alongside its tweet, Ethereum’s total fees came to $10.26 million, representing a 130.4% surge. The growth is being driven by institutional DeFi demand and increased smart-contract usage. Ethereum fees increased by over 130% this week, driven by institutional DeFi demand and higher smart-contract usage pic.twitter.com/7rHy9L6Koz — Sentora (previously IntoTheBlock) (@SentoraHQ) June 27, 2025 In a major institutional shift, Bit Digital is moving its focus from Bitcoin mining to Ethereum staking and treasury operations. The corporation intends to sell its Bitcoin mining…
According to Fireblocks’ newly released report, global financial institutions are actively adopting stablecoins as strategic tools for cross-border payments, market expansion, and operational efficiency. Fireblocks’ report is based on an online survey of 295 respondents. With nearly half of the surveyed organizations already using stablecoins and others in testing phases, the data reveals a clear shift: stablecoins are moving from the periphery to the heart of global finance. Stablecoins Enter the Financial Core According to Fireblocks’ “State of Stablecoins 2025” report, 49% of organizations worldwide have utilized stablecoins for payments, while 41% are in the testing phase or planning to…
QNT, TRB, and CAKE lead LunarCrush Altrank with strong price movement and rising social activity. Altcoins such as INJ, JUP, and MASK are on an uptrend as utility-focused altcoins start trending. According to LunarCrush data, traders are moving on to projects that are still developing and have increased engagement. LunarCrush Altrank of May 27, 2025, shows Quant ($QNT), Tellor ($TRB), and PancakeSwap ($CAKE) leading with high social and market metrics performance. The Altrank index is an altcoin comparison tool created by tracking the altcoins’ prices along with community engagement against Bitcoin as well as the overall crypto market. TOP 10…
Over $7 billion in bitcoin is now actively working across Ethereum, Base, and Solana, not just sitting idle, fueled by the explosive growth of tokenized wrappers like WBTC and cbBTC, reveals Coin Metrics’ latest study. Report: Tokenized Bitcoin Supply Soars, Led by WBTC and Coinbase’s cbBTC Tokenized bitcoin (BTC), primarily wrapped bitcoin (WBTC) and Coinbase’s cbBTC, now represent over 172,130 BTC, extending bitcoin’s utility far beyond its native blockchain according to the latest Coin Metrics State of the Network report published June 3. Coin Metrics analyst Tanay Ved found that these wrapped assets enhance BTC’s accessibility and interoperability across chains…
After breaking below the ascending flag pattern, Ethereum has retraced to retest the broken trendline. Should the selling at this level pressure intensify, a deeper decline toward the $2K support zone may follow. By Shayan The Daily Chart ETH recently broke down from its ascending flag pattern, triggering a corrective phase. After finding strong support around the $2.1K level, the cryptocurrency bounced and retraced toward the broken trendline at $2.4K, where it now appears to be encountering resistance. Despite the rebound, the lack of significant volatility and waning momentum around this key level suggests that buyers are exhausted. If the…
Social media firm TikTok has pushed back against a Congressman’s accusation that it had purchased TRUMP meme coins in order to “bribe” the U.S. president. “The Chinese owners of TikTok have announced they are buying ‘Trump Coins’ for $300 million,” Congressman Brad Sherman (D-CA-32) tweeted Thursday, adding that, “Trump creates ‘Trump Coins’ at no cost, meaning this is just a $300 million bribe that goes right into his pocket.” The social media firm tweeted a rebuttal stating that, “Congressman, claiming that the owners of TikTok are buying ‘Trump Coins’ is patently false and irresponsible and doesn’t even accurately reflect a…
Ripple’s Chief Legal Officer, Stuart Alderoty, took to X (formerly Twitter) today to share that Ripple has sent an additional letter to the U.S. SEC’s Crypto Task Force. The letter responds to a recent speech by SEC Commissioner Hester Peirce titled “New Paradigm,” where she raised an important question: When does a cryptocurrency stop being part of an investment contract and become just a digital asset? In their letter, Ripple thanked the SEC team for meeting with them on May 20, 2025, and offered further thoughts on the issue. Ripple argued that most cryptocurrencies traded today are not securities. They…
Crypto markets are giving no return opportunities for intraday traders, but long-term market watchers say the market is in a coiled spot and key levels are to be monitored for moves on either side. Bitcoin BTC$105,356.65 hovered just above $105,000 on Wednesday, showing a steady rise from earlier in the week. Ether ETH$2,625.14, Cardano’s ADA ADA$0.69319, dogecoin DOGE$0.19569 and XRP XRP$2.24 showed returns under 1%. Overall market capitalization declined 1.8%. Nick Ruck, director at LVRG Research, said the market’s shift in sentiment reflected a sense that trade tensions, and that the drag on risk assets may have been priced in.…