Author: NBTC
One of the expected events that will trigger a rise in Bitcoin (BTC) and altcoins is the US Federal Reserve (FED) starting to cut interest rates. At this point, tomorrow’s FED June interest rate decision will be more important, while the general expectation in the market is that the FED will keep interest rates constant. While the possibility of the FED making a surprise move is almost non-existent, analysts argue that the FED is actually in a position to cut interest rates. FED May Cut Interest Rates But…! Accordingly, analyst Nick Timiraos said the FED will keep interest rates steady…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. As the Solana community descended on Pier 36 in New York for the Accelerate conference, the feeling in the air was one of reset expectations. Propositions about Solana’s tech and investment prospects that seemed like consensus just six months ago have now gone out of style. For one, there’s the muted impact of Firedancer. The Jump-developed client was once spoken of in quasi-religious terms by Solana fans. The software’s launch was going to let Solana hit one million transactions per second — a nice and round, if…
Robinhood shares hit an all-time high on Monday after the trading platform unveiled tokenized stock trading for customers in Europe alongside its own blockchain network. Robinhood shares jumped 11.25% to $92.37 on Monday, according to Yahoo Finance. Year-to-date, the company’s stock has rallied 148% from $39 in January. The company said on Monday that users in Europe are now able to trade U.S.-listed stocks and exchange-traded funds on the Ethereum layer-2 scaling network Arbitrum as tokens, while the company will eventually unveil the service on its own Ethereum-compatible blockchain. Meanwhile, Robinhood said that users in Europe will be able to…
Although Bitcoin (BTC) is consolidating, a trading expert projects that the asset is poised to break out toward $120,000. In this case, prominent online analyst TradingShot pointed out that Bitcoin nearly touched its four-hour 200-period moving average (MA) on Saturday, a critical support level since April 16. In a June 2 TradingView post, TradingShot noted that after testing this level, BTC immediately rebounded. While the bullish reaction has been moderate since price action remains capped below the four-hour 50-period MA, there are compelling reasons to expect an imminent breakout. Specifically, the formation of a blue Arc pattern over the past…
UK institutional investors managing money on behalf of retail clients are preparing to pull the trigger on crypto exchange-traded products, according to asset manager WisdomTree. Speaking at DigiAssets 2025, Dovile Silenskyte, WisdomTree’s Director of Digital Assets Research, said that she had been in contact with “a large number of institutional investors who are doing a lot of work in getting ready to invest into crypto.” Silenskyte added that UK firms see the “light at the end of the tunnel” with the country’s regulator, the Financial Conduct Authority, reviewing whether retail investors should be able to access crypto ETPs. “If it…
As the broad crypto market continues to show bullish signals, XRP is one of the major cryptocurrencies investors are most optimistic about. Recent metrics suggest that the coin might be on the verge of a major breakout to the much anticipated $3. XRP eyes major breakout Amid the ongoing crypto market rally, the Ripple ecosystem has seen major developments which has fuelled more speculations among market participants. This has posed the price of Ripple’s native token, XRP for a massive upsurge this season. While Ripple has garnered more investors’ interests since its regulatory clarity with SEC, the recent launch of…
Sparkassen, one of Germany’s largest financial groups, is preparing to offer cryptocurrency trading to its individual clients. Sparkassen, which had previously kept its distance from this area, is thus following in the footsteps of the genossenschaftliche banks (cooperative banks) Volksbank and Raiffeisenbanken. The cooperative banks plan to launch crypto services for individual customers this summer. “The Sparkassen-Finanzgruppe will provide reliable access to a regulated cryptocurrency offering,” the Deutscher Sparkassen- und Giroverband (DSGV) said in a statement on Monday. Accordingly, individual users who make their own investment decisions will be able to access the cryptocurrency platform offered by Sparkassen’s investment institution…
Representative Brandon Gill, a member of the House Committee on Oversight and Government Reform, has disclosed significant Bitcoin (BTC) purchases while failing to comply with legal reporting requirements under the STOCK Act. According to the Congress trade filings, Gill purchased up to $850,000 worth of Bitcoin across six transactions, reported on May 30, 2025. The trades occurred on January 29, February 27, May 13, and May 18, with the earliest made more than 120 days before being reported, well past the 45-day deadline mandated by law. The STOCK Act requires lawmakers to disclose transactions over $1,000 within 45 days. Violations…
Robinhood has made one of its most ambitious moves in the crypto space, announcing that it has officially launched Ethereum (ETH) and Solana (SOL) staking service for US users. This step stands out as a notable development following the lawsuits filed by the US Securities and Exchange Commission (SEC) against exchanges such as Coinbase and Kraken due to their staking services. Robinhood has also launched a comprehensive range of products for its European customers, including tokenized U.S. stocks and ETFs, leveraged crypto futures for eligible investors, and a new Layer 2 blockchain for real-world assets. Robinhood’s new product launch coincided…
Norwegian Block Exchange (NBX), a leading Nordic cryptocurrency exchange and digital asset platform, announced that it has added Bitcoin to its balance sheet, marking a national milestone as the first publicly listed company in Norway to hold Bitcoin as part of its treasury strategy. JUST IN: Norwegian Block Exchange becomes the first publicly traded #Bitcoin treasury company in the country pic.twitter.com/kY9KK2VbFi — Bitcoin Magazine (@BitcoinMagazine) June 2, 2025 The company has secured 6.0 Bitcoin and plans to increase its holdings to 10.0 within June. The assets, loaned from NBX’s largest shareholders, will be used as collateral to issue USDM, a…