Author: NBTC
Bitcoin (BTC), the leading digital asset, has had a good run against gold on the broader financial market. Recently, Tim Draper, the legendary venture capitalist, declared gold dead because it does not move like Bitcoin. However, Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, has dropped a potential twist to Bitcoin’s growth against gold. Mike McGlone points to yields and risk dynamics In a post on X, McGlone’s analysis of the U.S. 30-year Treasury yield at 5.15% on May 22, 2025, when BTC was at $112,000, shows a twist. He noted that rising yields might favor gold over Bitcoin…
U.S.-based investment bank Cantor Fitzgerald LP has launched a $2 billion Bitcoin-backed loan program, providing financing to cryptocurrency companies FalconX Ltd. and Maple Finance. According to statements from the three companies, these agreements are the first steps of Cantor’s new crypto-focused initiatives. Cryptocurrency brokerage FalconX announced that it has secured Bitcoin-backed financing under a “broad credit framework” planned to exceed $100 million with Cantor, while Maple Finance said it has closed the first part of a credit package with Cantor. The funding move is the latest in a string of notable forays into the crypto space by Cantor, who stepped…
Tom Brady is making a cautious but deliberate return to crypto. This time, he’s backing Catena Labs, a Boston-based startup aiming to build what it’s positioning as the world’s first AI-native financial institution, according to a report by Front Office Sports. Catena’s pitch is rooted in the idea of agentic commerce: autonomous AI agents that transact on users’ behalf. Co-founded by Circle’s Sean Neville, best known for co-creating the USDC stablecoin, Catena emerged from stealth with $18 million in seed funding led by Andreessen Horowitz’s crypto division, a16zcrypto. The funding round also saw support from Circle Ventures, Coinbase Ventures, Stanford…
Dogecoin’s Shiba Inu mascot is racing into the spotlight once again. The meme-inspired cryptocurrency will be prominently displayed on Devlin DeFrancesco’s IndyCar at the Indianapolis 500, one of America’s most-watched motorsport events. The initiative is backed by a partnership involving the Dogecoin Foundation, House of Doge, Rahal Letterman Lanigan Racing, and the driver himself. Dogecoin Returns to the Track at Indy 500 With Charity-Fueled Campaign In the weeks leading up to the race, Dogecoin supporters selected the car’s final livery through a community vote, choosing from three DOGE-themed designs. The winning look, called Blaze, will feature prominently on both the…
The Bitcoin market continues to hold steady with rising miner revenues and exchange inflows pointing to growing network activity. However, these key metrics have not yet hit the levels seen at previous cycle peaks. According to recent data shared by a market analyst, Bitcoin miners are currently earning around $51.6 million per day. After the ATH, miners have stepped up their sales on exchanges. Inflows have doubled from an average of 25BTC to 50BTC per day, while historical peaks reach around 100BTC. This shows that selling has indeed accelerated though we’re still a long way from peak volumes and the……
Bitcoin steadies the uptrend, approaching $110,000 immediate resistance, fueled by strong institutional interest. Strategy announced the purchase of around 4,000 BTC, bringing total holdings to 580,250 BTC. Despite Bitcoin’s price rally to new all-time highs, spot trading volumes remain subdued, highlighting caution among market participants. Ethereum rises while Solana consolidates, signaling trader indecision. The cryptocurrency market upholds a bullish outlook even as prices widely consolidate on Tuesday. Bitcoin’s (BTC) sharp slump from the all-time highs of $111,980, driven by concerns about the United States (US) tariff policy with the European Union (EU), was taken as an opportunity for institutions like…
Luxury fashion and NFT-linked products company 9dcc will wind down operations at the end of May, citing economic challenges and “softness” in luxury retail sales, and perhaps being too early to a future trend in the making. The brand, which sold shirts, hats, and other apparel items as “networked products,” physically linked its clothing to NFTs on the Ethereum blockchain via sewn-in NFC chips. This allowed owners to prove provenance and even obtain digital signatures that lived on the blockchain. Crypto die-hards like to say “We’re early,” but in summing up the label’s end in an X post Tuesday, pseudonymous…
The following is a guest post and opinion of Sveinn Valfells, Co-founder of Monerium. Mario Draghi is right. Europe hobbles itself with substantial tariffs, including regulations on “the most innovative part of the service sector – digital”. The European Union has done just that by creating tariffs on stablecoins, a practical form of digital money could provide a significant positive impact on GDP. The Promise of Stablecoins for Europe Stablecoins are digital money on blockchains – dollars, euros, or sterling as cryptographic coins. They are the new “killer app” of fintech, programmable cash which moves peer-to-peer without intermediaries – instantly…
The cryptocurrency market witnessed Bitcoin breaking its all-time high price record last week. However, altcoins are still not living up to expectations. The world’s largest altcoin, Ethereum, has fallen by 1.16% in the last seven days. Despite the general decline, there are also tokens that are preparing to close the week in the green zone. The decentralized cryptocurrency exchange Hyperliquid’s HYPE token comes first with a 48% increase. It is followed by ZEC with 25%, SPX with 23% and WLD with 20%. On the other hand, there will be token unlocks in many altcoins in the new week. Here is…
Michael Saylor kept it brief on social media today: “Are you a Bull?” No market analysis, no price targets — just the question, paired with an image of a lone red bull standing out in a field of sheep. The post came a day after Strategy (formerly MicroStrategy) disclosed its latest Bitcoin purchase. The company acquired 4,020 BTC for $427 million, paying an average of $106,237 per coin. The purchase was funded through a mix of stock and preferred security sales. With this latest move, Strategy now holds 580,250 BTC — about 3% of the total supply that will ever…