Author: NBTC

U.S. stocks dipped in early trading on Wednesday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite opening lower amid renewed jitters over trade tensions between China and the United States. With stocks paring some gains early in the day, Wall Street’s pensive mood continued into market open with U.S.-China flare up over chips at the center stage. The Dow Jones Industrial Average opened 300 points lower, down 0.7%, while the S&P 500 slipped 0.53%. The Nasdaq also traded in the red, opening 0.57% lower. Declines for the Dow, Nasdaq and S&P 500, which snapped its six-day winning…

Internet Archive now stores U.S. government web archives on Filecoin for better resilience during presidential transitions. Filecoin’s decentralized network helps safeguard public data from loss, censorship, or server failure. Something interesting happened ahead of the change of administration in the United States. The Internet Archive, an institution we usually know through the Wayback Machine, began storing US government web archives into the Filecoin network. Not just any data, this is part of the End of Term Web Archive project which includes more than 500 terabytes and 100 million pages of .gov and .mil sites. This step is not only about…

Circle has partnered with financial infrastructure provider OpenPayd to deliver a unified platform for managing fiat and stablecoin transactions. OpenPayd, a financial infrastructure provider that processes more than €130 billion annually, has partnered with Circle, the issuer of USD Coin (USDC). The partnership will let OpenPayd’s clients easily send and manage money worldwide using both traditional banks and blockchain networks. By leveraging Circle’s scalable, programmable stablecoin infrastructure and wallets, OpenPayd’s clients can quickly convert between regular currencies and USDC, gaining faster access to funds, lower fees, and new ways to handle payments, treasury, and digital assets. “Stablecoins will be foundational…

A recent analytical commentary has identified a recurring pattern in Bitcoin price action, setting the precedent for further upside to unprecedented prices. Bitcoin’s wick dropped to $100,000 yesterday, shaking off nearly $1 billion worth of leveraged positions in the past 24 hours. While many panicked, an earlier analysis had forewarned of the possible correction. Meanwhile, Bitcoin has rebounded from the dip, reclaiming $103,000 at the time of writing. Interestingly, according to a recent analysis from crypto researcher Klarch, it is still up only for Bitcoin, as he discloses its target for the bull cycle. Bitcoin Cycles Are Identical In the…

The race to define the future of money is speeding up—and according to industry leaders, stablecoins are right at the center. “It’s clear that the most important item on our roadmap is understanding how quickly we can move, and it’s obvious that the next three years are the fastest we will ever see in the development of digital assets,” said Sergio Mello, head of stablecoins at Anchorage Digital during Paxos’ Global Dollar Network event in New York City. “2025 will have clarity here, 2026 will have clarity elsewhere, and 2027 is when it’s all going to happen.” Mello wasn’t speaking…

A token creator on Pump.fun has earned $93,780 in just three weeks, thanks to the platform’s newly introduced creator revenue sharing feature. The wallet was responsible for creating the Moonpig meme coin that touched a $125 million market cap last month. Solana launchpad Pump.fun introduced its creator revenue sharing feature last month, which split 50% of revenue generated per token with the deployer. Over the three weeks since then, according to Dune data, $2.9 million has been handed out to coin creators. The biggest earner from the scheme was wallet w3rE that deployed MOONPIG, a meme coin about a pig…

Binance recently launched its full suite of crypto services in Syria, just weeks after the United States and the European Union rolled back major sanctions on the country. The growing demand for alternative financial tools in post-conflict regions made Binance’s entry into the Syrian market strategic. The lifted sanctions created a rare but temporary legal window for international platforms to engage with Syria’s recovering financial system. Traditional remittance channels in the country remain expensive, unreliable, or inaccessible for most citizens. After years of civil war and under new transitional leadership, Syria still lacks a strong banking infrastructure. However, this fast…

Prominent blockchain sleuth Whale Alert, which tracks down large cryptocurrency transfers and then shares their details on its official website and X account, has spotted a massive Bitcoin transfer made from the U.S.-based crypto exchange Kraken. About an hour ago, an anonymous whale withdrew almost $800 million worth of Bitcoin from this crypto trading venue, while BTC has recovered around 3.14% today after crashing by 5% over the past two days. Anon whale stocks up on Bitcoin The aforementioned blockchain tracker revealed that an anonymous whale withdrew 7,402 BTC from Kraken, moving this large crypto lump to an unknown wallet.…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s been an eventful day so far. Bitcoin hit a new record high of $109,888 this afternoon, right as a weak US 20-year Treasury auction sent stocks plummeting. Yield on 20-year notes hit 5.1% after today’s sale showed weaker-than-expected demand. The 30-year also rose 11 basis points to surpass 5% yield. The yield on the 10-year moved higher to 4.6%. The auction results come days after Moody’s downgraded the US from a triple-A rating to Aa1 last week. Given the relatively quiet economic calendar this week,…

Ripple CEO Brad Garlinghouse has urged the XRP ecosystem to focus on the big picture rather than engaging in an unreasonable rivalry with Bitcoin. Ripple is building a transformative ecosystem, and Garlinghouse is stressing collaboration rather than competition. In his speech at the recently concluded XRP Las Vegas conference, he noted that Ripple is building an ecosystem that will transform the entire banking system, which should be a delight to the community. “We Underestimate How Big That Is”: Ripple CEO Ripple modeled its business to bridge the gap between the global financial institutions and blockchain technology. While the nascent industry…