Author: NBTC
Some small companies with very low market value are suddenly claiming they will buy large amounts of XRP and Solana during the current crypto bull run. While these announcements sound big, they are raising serious doubts. Most of these companies have no strong ties to the crypto industry and very limited financial backing. Just recently, Singapore-based Trident Digital Tech announced plans to raise $500 million to build a massive XRP treasury, despite having a market cap of just $16 million and shares trading under $0.40 on Nasdaq. VanEck: $XRP, $SOL treasury plans by micro caps likely scams@vaneck_us’ Head of Digital…
TRON’s daily transactions doubled from 4.3M to 8.4M over 16 months. Growth driven by stablecoin transfers, low fees, and high-speed throughput. Transaction activity held steady above 8M since Feb 2025 despite market fluctuations. TRON’s blockchain network has registered a rise in transactional activity over the past 16 months, with new data confirming a 95% increase in its daily transaction count. According to on-chain data from CryptoQuant, the 30-day moving average of daily transactions grew from approximately 4.3 million in early 2024 to 8.4 million by mid-May 2025. The sustained increase points to the scale of network usage and highlights a…
In the case of Terraform Labs and Terra (LUNA) co-founder Do Hyeong Kwon, the defense team has requested a two-week postponement of the pretrial filing deadline of July 1, 2025. According to the petition filed in the Federal Court for the Southern District of New York, the parties believe that extending the deadline will help “avoid unnecessary filing processes.” The prosecutor’s office agrees with the request. Lawyers stated that Kwon was ready, but that the extension would be beneficial due to the “productive discussions” between the parties. It was also reported that the requested postponement would not affect other court…
X account @Etherscan_SHIB has shared that major cryptocurrency exchange OKX plans to remove Shiba Inu ecosystem token BONE from its trading lists. OKX to delist BONE and several other tokens The post sends an encouragement to the SHIB community, saying that “OKX delisting is not the end” and reminds the SHIB army that BONE continues to trade on another large crypto exchange – Crypto.com where millions of users have gained an exposure to it. Besides, according to the post, there are “95,058 on-chain holders and still growing daily.” Don’t panic #BONE holders. OKX delisting is not the end.$BONE is still…
Axel Adler Jr., an analyst at cryptocurrency analysis platform CryptoQuant, noted that despite Bitcoin’s recent brief pullback to $103,000-$104,000, fundamental indicators remain strong. According to Adler, Bitcoin reserves on exchanges continue to decline, institutional buying continues to put pressure on supply, and long-term investors are increasing their purchases, building a “buffer support” under the market. On the macroeconomic front, mixed signals prevail. While the slowdown in Personal Consumption Expenditures (PCE) inflation in the US has eased policy pressure on the Fed to some extent, rising bond yields and uncertain tariffs have strengthened the “risk aversion” sentiment in the markets and…
Crypto funding surged to nearly $709 million during the week of June 8-14, 2025, with a massive $550 million private placement by IREN leading the charge. Venture capital activity remained robust across the sector, particularly in infrastructure, with funding rounds spanning from pre-seed to Series B. Startups like Hypernative, Yupp, Turnkey, and OneBalance also drew substantial investments, reflecting sustained investor confidence in crypto infrastructure and application-layer innovation despite broader market volatility. Here’s what we tracked, using data from Cryptofundraising: IREN (ex Iris Energy) Raised $550 million through private placement of convertible senior notes IREN has raised $863 million so far…
Ripple is pushing to acquire Circle, the issuer of the USDC stablecoin, with a new proposed offer reaching up to $11 billion. However, the community is concerned that this deal could lead to negative consequences, from market panic to undermining XRP’s role. So why is Ripple determined to buy Circle, and what does this mean for the crypto market? Why is Ripple Acquiring Circle? Ripple, the company behind XRP, has long positioned itself as a solution for cross-border payments, aiming to replace traditional systems like SWIFT. However, the rapid rise of stablecoins, including USDC, and their promising future have overshadowed…
In an ongoing wave of crypto adoption, crypto policy and regulation are often seen coming under fire from market players. In a recent update, Kenya’s draft VASP Bill is to embed a Binance‑linked think tank on its oversight board, according to disclosures seen by The Kenyan Wall Street. According to a report by The Kenyan Wall Street, the inclusion of the Virtual Asset Chamber of Commerce (VAC) on the regulatory authority’s board sparked warnings that the move could tilt Kenya’s digital‑asset rules in favor of the world’s largest exchange. Kenya’s Crypto Bill Raises Eyebrows The VASP (Virtual Asset Service Providers)…
Bitget wallet has partnered with Mastercard and the infrastructure provider Immersve to launch a crypto-linked card. Holders will be able to make payments directly from their digital wallets, available for all merchants that accept Mastercard globally. Bitget wallet will offer a new crypto card in partnership with the leading payment processing company Mastercard and the infrastructure provider, Immersve. The product aims to make crypto usage seamless, by spending balances directly from a crypto wallet. Holders will be able to pay through more than 150 million merchants that accept Mastercard globally. The exchange’s wallet app will handle real-time funding via on-chain…
Researchers from LMU Munich and the University of Baghdad have used AI to reconstruct a Babylonian poem that had been lost for over 2,000 years. Named the Hymn of Babylon, the text—which praises Babylon and the god Marduk—was written 3,000 years ago and last studied in 100 BC. According to the team behind its rediscovery, it has been pieced together from 30 clay fragments that have been excavated over the years, with artificial intelligence being used to join the dots. “We used a specialized AI program to analyze and match text fragments based on combinations of cuneiform signs,” Professor Enrique…