Author: NBTC
Expectations of a more benign regulatory environment in the U.S. is leading to an increase in the number of crypto companies looking to go public and an uplift in venture capital (VC) funding, investment bank JPMorgan (JPM) said in a research report Wednesday. The GENIUS Act’s progress in the Senate has become a “key factor in anticipating a clearer and more supportive regulatory environment,” analysts led by Nikolaos Panigirtzoglou wrote. “The anticipation of such a U.S. regulatory environment is conducive to crypto corporate activity such as IPOs and VC funding,” the authors wrote. The Senate’s Guiding and Establishing National Innovation…
Sam Altman’s blockchain project World Network has raised $135 million in a private token sale of its WLD token. The sale was to venture capital giants a16z and Bain Capital Crypto and will be used to fund network expansion, the team shared. WLD is higher by 14% on the news. The funding comes as the group behind the Tools For Humanity blockchain announced the project as well as the WLD token being available as of earlier this month to U.S. users. “To meet increasing demand for Orb-verified World IDs and support the expansion of the World network throughout the U.S.…
A trading expert has highlighted the importance of Bitcoin (BTC) holding above the $100,000 mark, warning that a drop below could trigger a sharp correction. Specifically, Master Ananda’s analysis shows that the $100,000 to $103,000 range now serves as Bitcoin’s key support. If this level fails, traders should brace for a red week followed by sideways consolidation before any meaningful recovery, according to a May 31 post on TradingView. Ananda noted that Bitcoin has already dipped into this zone, and the market is watching closely to see if it will hold or break under pressure. His analysis emphasized the critical…
After launching a high-end, cyberpunk-style electric motorbike that costs more than some used cars, Andreessen Horowitz-funded Brooklyn startup Infinite Machine is finally getting practical. It just unveiled the Olto: a $3,495 electric scooter that looks like it escaped from an industrial designer’s mood board. (That’s not surprising since the company was founded by brothers Joseph and Eddie Cohen, both erstwhile Apple employees.) It’s the second vehicle from Infinite Machine, whose first product, the P1, made headlines last year for its $10,000 price tag, 55 mph top speed, and Tesla Cybertruck-esque, American brutalist aesthetic. That model generated a flurry of tech…
Solana (SOL) is witnessing increased activity. In two separate transactions, Solana whales moved 1,388,655 SOL on-chain. Whale Alert, a platform tracking such large transactions in the market space, spotted transfers between unknown wallets. Solana investors watch for follow-up whale moves According to Whale Alert, the total value of both transfers is $235,449,867. The huge transfers caught the attention of the tracking platform, as they could have several implications for Solana’s price outlook. 🚨 🚨 🚨 🚨 🚨 639,887 #SOL (108,640,417 USD) transferred from unknown wallet to unknown wallethttps://t.co/1IiG27Ypap — Whale Alert (@whale_alert) May 21, 2025 Notably, when large holders move…
A pivotal moment is approaching for Bitcoin. Although its impressive $100,000 milestone continues to garner most of the public’s attention, on-chain data is providing a more complex, and potentially hazardous, picture. Recent price movements and trends in exchange reserves indicate that Bitcoin might not be as stable as news reports suggest. Bitcoin is currently trading at about $104,600, but there are growing indications of weakness. The price has had difficulty regaining momentum after reaching a peak close to $110,000, setting lower highs on lower volume. Technical analysis shows that Bitcoin is hovering above the 26-day EMA, a clear decline below…
U.S. stocks are down as the deadly Israeli strike against Iran ignites fears of a regional war in the Middle East. Major U.S. stock indices fell Friday, June 13, as fears of a regional war fueled risk-off sentiment. The Dow Jones Industrial Average dropped 525.80 points, or 1.22%, with nearly all major stocks trading in the red. The S&P 500 slipped 0.54%, while the tech-heavy Nasdaq was down 100 points, or 0.53%. Dow Jones Industrial Average heatmap | Source: TipRanks Markets are rattled by the potential economic fallout of escalating tensions between Israel and Iran. Israel carried out a series…
The exclusive Trump dinner for the top 220 meme coin holders is scheduled to take place on May 22 at 7:00 PM. Here are some of the names reportedly attending. According to an email sent to invitees, guests are expected to arrive at the Trump National Golf Club in Washington, D.C. around 5:30 PM local time, with dinner scheduled to begin at 7:00 PM. The dress code requires formal attire, including “Evening Dress for Ladies.” Before attending the invite-only dinner, all guests were required to pass a background check. According to a report from Bloomberg, the top 25 holders will…
Coinbase is raising red flags about the financial health of publicly traded crypto vehicles, cautioning that debt-related obligations could soon force some firms to liquidate their crypto holdings. In a report from Coinbase, the firm emphasized concerns around refinancing risks and loan-to-value ratios, but said most large firms still have options to avoid liquidation. “The risk of forced selling pressure arises because many of these PTCVs have issued convertible bonds to raise cheap money to buy various crypto assets,” the report read. The report continued to say that if crypto prices fall and companies can’t refinance their debts, they may…
Floki has officially brought its flagship metaverse game, Valhalla, to India’s heartland with a bold and unprecedented marketing campaign across Delhi NCR. Starting July 7, 2025, the campaign marks one of the largest real-world brand activations ever executed by a blockchain gaming project in India. Over the next four weeks, some of the capital region’s busiest locations will be plastered with Valhalla branding—on roads, malls, buses, and massive LED screens—targeting hundreds of thousands of people every single day. The move follows the mainnet launch of Valhalla, a blockchain-based play-to-earn MMORPG that positions Floki as a serious player in Web3 gaming.…