Author: NBTC

Federal agents recovered $2.5 million in crypto from fraudulent investment schemes, underscoring an aggressive push to restore trust and integrity across digital asset markets. Federal Agents Just Froze Millions in Crypto—Here’s What They Found The U.S. Department of Justice (DOJ) announced on May 23 that it has secured the forfeiture of approximately $2.5 million in digital currency tied to fraudulent investment schemes that exploited the growing interest in cryptocurrency. The order returns the assets to the United States, marking another effort by federal authorities to ensure the integrity of financial markets and protect participants from deception. The FBI’s San Diego…

With bullish momentum now dominating the Bitcoin market, those betting against the uptrend are at risk of a historic liquidation. At press time, Bitcoin has returned to the $97K level after briefly dipping to $96K earlier today. Meanwhile, the rally to $97,500 is setting the stage for a potential liquidation cascade. Over $3 billion in short positions are vulnerable above the key $100,000 mark, according to data from Coinglass. $3B Short Squeeze at $100K The liquidation heatmap reveals a significant cluster of short positions across major exchanges, including Bybit, OKX, and Binance, concentrated between $97K and $100K. As the price…

Web3-powered, BugsCoin has entered an agreement with decentralized firm OpenPad AI, which applies AI, edge technology, and blockchain to financial investments. The collaboration is a major step toward reshaping how users approach early-stage investing in the decentralized finance (DeFi) ecosystem. BugsCoin is now officially partnered with @Openpad_io.We’re excited to announce our partnership with OpenPad AI, a decentralized investment platform leveraging AI analytics, edge computing, and blockchain to reshape early-stage investing.From AI-powered launchpads to… pic.twitter.com/FVwkH2y6VQ — bugscoin (@bugscoin_bgsc) May 23, 2025 Enabling Learners to Apply Virtual Gains to Real Market Investments Using BugsCoin, individuals can enjoy trading strategies without risk and…

Ethereum (ETH) is showing strong momentum amid rising trading volumes, bullish community sentiment, and technical patterns hinting at a potential breakout to $3,200. The world’s second-largest cryptocurrency by market cap has been on a tear lately, climbing 5.6% in the last 24 hours to reach $2,666, with a 30-day gain of more than 64%. This surge has reignited discussion around key price targets, particularly two unfilled CME futures gaps near the $3,200 mark. CME Gaps and the $3,200 Target According to pseudonymous crypto trader Titan of Crypto, such gaps “tend to get filled,” implying ETH’s rally might be far from…

XRP has officially overtaken the biggest stablecoin USDT by Tether in market capitalization, according to data provided by CoinMarketCap. As of today, XRP is in third place worldwide, with a market cap over $153 billion, just ahead of Tether’s $150 billion. This shift is seen as a sign of increased trading volume across major South Korean exchanges, with a combined XRP/KRW volume of over $1.2 billion in the past 24 hours. Upbit and Bithumb are the main ones. XRP/KRW made up 18.34% of the trading volume on the former and 18.02% on the latter. The pair is leading both platforms…

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken an unexpected turn — and XRP holders are once again left in suspense. Judge Analisa Torres rejected a joint request from both Ripple and the SEC to finalize their proposed settlement agreement. The development caught much of the crypto community off guard and has raised new questions about where the lawsuit stands today. To recap — earlier this month, both Ripple and the SEC agreed to a revised settlement that would reduce Ripple’s financial penalty from $125 million to $50 million, refunding the remaining $75…

David Marcus, former PayPal president and now CEO of Lightspark, says Bitcoin (BTC) is on track to become a major player in everyday transactions, and not just as a store of value. Speaking during a CNBC episode, Marcus revealed what he sees as the next phase of digital money – a future where BTC is not just held but actually used. Thus, the top executive predicts a transition toward hybrid systems where people use national currencies for daily spending, while also holding and spending Bitcoin, earned through things like rewards or microtransactions. For him, this is not speculation – it…

Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share. Battle for DeFi Dominance Heats up: Ethereum Slides, Solana and Bitcoin Advance Ethereum still leads in several categories, including total value locked in DeFi, non-fungible token (NFT) sales, and a large portion of the value of tokenized U.S. Treasuries and stablecoins built atop its smart contract infrastructure. Yet in recent years, that lead has narrowed, as rival…

Ethereum bulls are attempting to stretch their winning streak into May 24, with the Ethereum price pushing past short-term consolidation and nearing critical resistance. After consolidating for much of the past week, ETH has surged more than 7% over the last 48 hours and is now trading just below a key psychological level that may decide the next leg of its trend. Highlights: Ethereum price today is trading around $2,724 after testing intraday highs near $2,733 MACD crossover and Ichimoku breakout suggest bullish continuation, but RSI nears overbought zone Key support lies at $2,685; resistance overhead at $2,745 and $2,800…

The Pi Network core team has officially shut down its central node, marking a high-profile move toward decentralization. It comes after the network promised a major ecosystem announcement aligning with the Consensus 2025 event in Toronto, which starts today. Pi Network Closes Central Node Ahead of Source Code Reveal Pi Network’s core team has reportedly shut down its central node, effectively taking a significant step toward decentralization. The network also announced plans to release its source code. “The Pi core team has closed the central node, ready to release the source code. Pi Network will definitely shake up the Consensus…