Author: NBTC
Circle stock surged Thursday as the stablecoin issuer began trading on the New York Stock Exchange, marking one of the strongest debuts by a crypto-native firm in recent memory. The offering raised nearly $1.1 billion, giving Circle a closing market capitalization of $18.4 billion, positioning it behind sector giants but ahead of smaller entrants. Trading under the ticker CRCL, Circle listed 34 million shares and quickly attracted investor demand. The stock opened at $69 and peaked at $103.75 intraday, with trading halted multiple times during the session due to volatility. Its stock closed at $83.23, representing a 168% leap from…
Launchcoin, the native token of the Believe launchpad, is surging after founder Ben Pasternak announced a series of updates surrounding fee distribution and transparency. Pasternak revealed a new fee claim system, where fees are blocked for the first 24 hours of every new token launch. The Believe team also reserves the right to block fee claims for new coins to discourage scams and disingenuous attempts at token launches. The update will also feature a public coin health status, creator earnings display, and a renewed effort to increase the proportion of tokens launched via the iOS-compatible application, as opposed to through…
Crypto products backed by U.S. President Donald Trump are making it difficult for lawmakers to have a productive dialogue on regulating digital assets, Rep. Maxine Waters (D-CA), the ranking Democrat on the House Financial Services Committee, said on Wednesday. “Trump doesn’t just want Americans to use his crypto,” she said, referring to the president’s Solana-based meme coin. “He wants to put our money in his digital wallet while he guts our financial regulators, the watchdogs that protect families from financial fraud.” Lawmakers in the House of Representatives convened on Capitol Hill to discuss the Digital Asset Market Clarity Act, a…
South Korea’s leading cryptocurrency exchange Bithumb has announced that it will list its new project, SOPH, on the Korean Won market. Trading for the asset will begin on June 2, 2025 at 19:00. Bithumb Announces Listing of SOPH on Korean Won Market SOPH transaction support details Supported market: Won market Supported network: Sophon (deposits via other networks are not supported) Deposit and withdrawal start date: Within 2 hours from the announcement publication Transaction start date: June 2, 2025 (Monday) at 19:00 Reference price: 73.85 won Number of deposit confirmations: 10 times With this listing, Bithumb plans to further expand the…
Kommunitas has announced its exciting collaboration with Nativ to redefine the digital economy in the real world. Through this partnership, two innovative forces come together in the Web3 space. These innovators aim to give users real rewards, tokenized land ownership, and authentic governance. The world created for this innovation will be digitally mirrored to that inspired by the real world. We’re thrilled to announce our partnership with @Nativ_Biz — a groundbreaking, economy-driven real estate and political ecosystem powered by AI and blockchain!Why Nativ Stands Out🔹Limited supply of land & NFTs with true utility🔹 Real rewards for active economic… pic.twitter.com/2SCnuUyaFY —…
China’s central bank is flooding its economy with liquidity, with monthly stimulus injections in the first half of 2025 reaching historic levels, a turning point for global financial markets. Data shows the People’s Bank of China (PBOC) injected over 2.5 trillion RMB in February alone as part of this sustained, large-scale effort. PBOC data from 2021 to 2024 reveal that liquidity adjustments were carefully managed, rarely exceeding 800 billion RMB per month. While there were occasional contractions, the overarching policy aimed to stabilize China’s economy in the face of inflation, real estate fluctuations, and global uncertainty. Market analysts have drawn…
DeFi projects continue to play crucial roles in the Ethereum ecosystem. This is evident through the significant fee burning that major DeFi projects contribute to reducing the ETH supply. New data released today by Phoenix Group highlighted top DeFi projects that burned the highest amounts of Ethereum fees in the past week. TOP #ETHEREUM BURNER #DEFI PROJECTS#Uniswap $UNI #Metamask #1INCH #Gnosis $GNO #Aave $AAVE #Pendle #KyberSwap $LON $HEX $TORN pic.twitter.com/CGT4pBhTOU — PHOENIX – Crypto News & Analytics (@pnxgrp) June 8, 2025 Top DeFi heavyweights Uniswap Uniswap burned 90 ETH worth $226,400 over the past week. This massive burning rate shows…
In the fast-paced world of cryptocurrency, tracking the movements of large holders, often referred to as ‘whales,’ can offer valuable insights into market sentiment and potential future trends. A recent event that has caught the eye of on-chain analysts is a significant crypto withdrawal involving a substantial amount of Ethereum (ETH) from the world’s largest exchange, Binance. According to data shared by the blockchain analytics firm Lookonchain on X, a prominent entity known as Abraxas Capital has moved a staggering 13,771 ETH out of the Binance platform within the last 12 hours. At the time of the transaction, this withdrawal…
President of Citadel Securities, Jim Esposito, has warned that America’s growing debt is a serious risk. Speaking at Thursday’s Piper Sandler Global Exchange & FinTech Conference, Esposito described the rising budget deficit and national debt as a “ticking time bomb.” “No one is smart enough to predict when exactly it will rear its ugly head,” he said. Esposito’s caution follows a sharp increase in pessimism among top finance executives on the prospects for the US economy. His comments echo those from JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, who late last month warned that there would be a…
Over the past weeks, meme coins centered around US politics have consistently trended on decentralized exchanges. Recurring topics include the Trump/Musk split and the latest anti-ICE protests in Los Angeles. A few prominent examples include Grand Theft America, Kill (the) Bill, Rent Only Goes Up, The America Party, and more. Although speculative, these community-led tokens show more of a decentralized character than coins like TRUMP. Political Meme Coins On The Rise Many strange or esoteric events can spawn related meme coins, but politics-related topics have been gaining prominence over the last few months. President Trump’s eponymous meme coin kicked off…