Author: NBTC
FLock.io price surges 70% as 25% of supply gets locked for 265 days, Bitget listing adds fuel
FLOCK price surged over 70% as staking activity spiked, with 25% of the token’s supply having been locked for an average of 265 days. FLock.io (FLOCK) price has surged over 70% in the past 24 hours, now trading at $0.27, with trading volume up over 400%. The rally appears to be driven by a major milestone: 25% of the token’s circulating supply—over 43.1 million FLOCK—has now been locked for an average of 265 days. Source: @flock_io By staking FLOCK, users generate gmFLOCK—a non-transferable token introduced on April 28 as part of Flock.io’s updated tokenomics. gmFLOCK functions as proof of participation…
Bitget CEO Gracy Chen says regulated stablecoins like USDC and USDT could see 20% to 30% annual growth under the newly advanced GENIUS Act. The U.S. law brings stablecoins under formal oversight, aiming to boost trust, drive institutional adoption, and strengthen the global role of the U.S. dollar. The bill now moves to the House of Representatives for review, with President Trump urging its swift passage. GENIUS Act to Drive Stablecoin Adoption Notably, the GENIUS Act requires stablecoin issuers to maintain reserves backed by U.S. Treasury securities. This measure aims to reduce risk, increase transparency, and tie digital assets more…
David Schwartz, Ripple’s Chief Technology Officer and better known in the crypto space as “JoelKatz,” may once again have sparked speculation among XRP holders — this time with a photo of a slot machine and a one-word caption. On June 1, Schwartz posted a photo showing a $1,458.30 win on a casino slot machine and wrote, “Jackpot!” The machine also displayed a potential prize of $11,106.78, which some interpreted as a signal, especially given Schwartz’s history of cryptic tweets and riddles. The XRP community wasted no time jumping into decoding mode. One user replied, “Congrats, David, but oh no… a…
Russia needs to legalize the domestic exchange of cryptocurrencies, the head of the sanctioned country’s tax authority has suggested. Russia’s recently regulated crypto mining industry is currently selling most of the coins it mints abroad and this is impeding its development, the tax executive noted. His call to allow crypto sales comes amid ongoing discussions in Moscow on the launch of Russian trading platforms for digital assets. Tax chief urges crypto trading infrastructure in Russia Russia should build its own infrastructure to facilitate the sale of cryptocurrency inside the country, the head of its Federal Tax Service (FNS), Daniil Egorov,…
Boomers, though a small slice of holders, carry enough wealth to shift Bitcoin markets fast. ETF access and rising trust in institutions are pulling older investors into the Bitcoin space. Baby boomers, those born between 1946 and 1964, are becoming more visible in the cryptocurrency market, with the number of investors in this age group doubling over the last year, according to CoinSpot’s latest survey. Even though they only make up about 4.4% of all crypto holders, the wealth they carry gives them far more influence than their numbers might suggest. The generation holds around $79 trillion in assets in…
The NFT market is experiencing a fresh life as daily trading volume across leading collections is spiking. At the forefront is the Courtyard, which realized an amazing 24-hour volume of 507.68K to lead the pack with a remarkable 5,150 sales. #NFT MARKET OVERVIEW TOP COLLECTION #Courtyard – 24H Volume $507.68K… pic.twitter.com/xaIWBjvZnE — PHOENIX – Crypto News & Analytics (@pnxgrp) June 23, 2025 Although Bored Ape Yacht Club and CryptoPunks still retain top market standing, the Courtyard boom is an indication of increased interest in asset-backed NFT collectibles that combine tangible worth and blockchain authenticity of possession. Bored Ape Yacht Club…
The BabyDogePAWs team, a Telegram-based clicker game developed by the BabyDoge Coin initiative, announced changes to the Season 1 airdrop eligibility requirements. Previously, players needed to recruit two friends who reached Level 5 to qualify. This rule drew complaints from community members struggling with referral tasks. Responding to feedback, the team introduced a Virtual Friend feature, allowing solo players to meet the criteria. The update, rolled out on May 29, 2025, aims to broaden participation but comes with a cost, sparking varied reactions among users. This article explores the adjustment, its implications, and what it means for the community. The…
Texas governor signs bill to protect state Bitcoin reserve as a permanent fund if established
Texas Governor Greg Abbott has passed House Bill 4488 (HB4488), a bill that protects select state funds, including any Bitcoin reserve created outside the state treasury, from being swept into general revenue. Governor Abbott has not yet made a decision on Senate Bill 21 (SB21), which would authorize Texas to invest in Bitcoin and other crypto assets with a market capitalization of at least $500 billion. Only Bitcoin meets this threshold as of now. In addition to the Texas Strategic Bitcoin Reserve, the legislation names other protected funds, including the Texas Advanced Nuclear Development Fund and the Gulf Coast Protection…
HIVE Digital Technologies (HIVE) has signed an agreement to buy a 7.2-megawatt data center in Toronto, Canada, aiming to transform it into a cornerstone for artificial intelligence (AI) infrastructure through its subsidiary BUZZ HPC. The facility is expected to become BUZZ HPC’s first Tier 3 data center. It will be upgraded to support liquid cooling and host up to 5,000 next-generation GPUs, enabling large-scale AI model training and inference. The company says the infrastructure will also support Canadian enterprise and government workloads, reinforcing the country’s digital sovereignty. “With the explosion of demand for HPC and AI compute capacity, this Toronto…
“Fire Your Financial Advisor and Buy Bitcoin” Prominent Author Charges Investors, Citing 33,000% Return Since 2015
Prominent author Adam Livingston has urged investors to fire their “stupid financial advisor” and buy Bitcoin, citing its exceptional ROI since 2015. This comes at a time when Bitcoin’s price saw a decline, dropping below $101,000 from last week’s range of $103,000 to $106,000. Despite this short-term decrease, Bitcoin’s long-term growth potential continues to attract the attention of analysts. A market watcher is now comparing Bitcoin’s future prospects with traditional assets, offering a broader view on where investors should have directed their capital. Bitcoin vs. Traditional Assets Adam Livingston, author of The Bitcoin Age and The Great Harvest, shared an…