Author: NBTC
Popular Bitcoin critic and gold advocate Peter Schiff has once again issued new assertions to downplay the broad crypto ecosystem. This time, the vocal critic has described crypto and tech investors as ignorant amid rising rates, in an X post on May 21. Although Bitcoin has seen a sharp surge today, pushing its price to a new high of $109,000, Schiff still believes it is a death trap for investors in the space. In his post, Schiff revealed that he is curious about how much higher long-term interest rates need to jump before investors in the crypto and tech industries…
The TronDAO has initiated a series of unusual Tron (TRX) transfers in the past few hours, igniting conversations of a possible sell-off. According to data insights from Whale Alert, in at least 10 transactions to unknown wallets, the TronDAO entity moved a total of 8,777,561,962 TRX. Unusual Tron transfers One of the biggest single transfers featured 990,000,000 TRX, valued at $267,619,549. This transfer came with a fee of 19.36 TRX, a sign of how cheap it is to conduct transactions on the Tron blockchain. Despite the effect these transfers have had on the broader community, TronDAO has not provided explanations…
In a move signaling the growing integration of digital assets into traditional commerce, Michigan-based dental supply company Amore Smiles has announced it will now accept crypto payments for its products. This isn’t just about adding another payment option; it’s a step that embraces the future of finance and potentially expands their reach in the global market. What Does This Mean for **Accept Crypto Payments**? The decision by Amore Smiles to accept crypto payments highlights a significant trend we’re seeing across various industries. While early adopters were often tech companies or online retailers, we are increasingly seeing businesses rooted in more…
U.S. government debt is rattling investors, contributing to a sharp decline in the markets—even as Bitcoin reached a new all-time high. U.S. public debt has ignited investor concerns, even as Bitcoin (BTC) reached its all-time high. On May 21, the S&P 500 traded at 5,882.35 points, down 0.98%, while the tech-heavy Nasdaq was at 21,232.05, down 0.63%. At the same time, the Dow Jones was deep in the red at 42,059.08, losing 620.63 points, or 1.46%. DOW Jones Industrial Average heat map | Source: TipRanks Investor focus is primarily on U.S. debt, as rising bond yields threaten to push the…
Matt Hougan, the CIO of leading crypto asset manager Bitwise, recently praised XRP and emphasized the strength of its community. Hougan shared his views following his appearance at the recently concluded XRP Las Vegas event, where he delivered a keynote address. He later posted photos of attendees from the event. High Attendance at XRP Las Vegas According to Hougan, the conference venue was packed with 1,000 people at 1 p.m. (ET) on a Saturday. Typically, events scheduled during early Saturday afternoons tend to draw smaller crowds. However, Hougan expressed admiration that the XRP Las Vegas venue attracted such a large…
Crypto exchange KuCoin is now allowing institutional clients to trade without having to pre-fund wallets, recreating a trading experience that they would recognize from the traditional finance (TradFi) world. The Seychelles-based exchange teamed up with BitGo Singapore and will use the crypto custodian’s Go Network for off-exchange settlement (OES), KuCoin said. “KuCoin’s full suite of products — spot, margin, options, and perpetual futures — can now be accessed through Go Network, ensuring assets remain protected,” the exchange said in Thursday’s announcement. As crypto companies seek to cash in on increasing crypto institutional adoption, they’re faced with having to introduce tools…
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. HIVE Digital has signed an agreement to acquire a 7.2-megawatt data center in Toronto, marking the first infrastructure purchase under its new high-performance computing subsidiary, BUZZ HPC. In a press release Monday, HIVE said the acquisition is intended to establish a foothold for developing sovereign Canadian AI infrastructure, with plans to deploy liquid-cooled systems to support advanced compute workloads. Located in Canada’s largest tech hub, the Toronto facility is expected to be upgraded to Tier…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. US spot bitcoin ETFs notched combined net inflows of nearly $1 billion on Monday and Tuesday. As for the next crypto ETFs hitting the market, some launches are imminent. As in, this week. Others will take a while longer. Volatility Shares is set to introduce two XRP futures ETFs on Thursday — a standard one and a version that offers 2x daily exposure. The impending launches will follow Teucrium’s XRP futures ETF launch in April. That fund has ~$120 million in assets under management. Then, CME…
Even with the controversy surrounding the $600 million ADA misappropriation scandal, Cardano investment products continue to hold strong in recent weeks. Based on CoinShares’ data from the week of May 30, Cardano saw $0.1 million in inflows. This may seem small, but given all the attention its founder, Charles Hoskinson, has been getting, you cannot ignore it. Cardano products have seen positive inflows for the third week in a row, with $2 million added in May and $73 million so far this year. These figures do not show a huge increase, but they suggest that institutional confidence in the project…
Uniswap’s L2 swap volume surpassed $180 billion by mid-2025, already outpacing its entire 2023 total. New features like gas-free limit orders and smart wallets drive growing L2 user adoption on Uniswap. By mid-2025, Uniswap managed to record swap volumes of over $180 billion from Layer-2 (L2) networks alone. Not only is this figure higher than the total for 2023, but it also puts this year on track to surpass the full 2024 achievement. And interestingly, it’s not even six months old yet. The comparison that has emerged in the community is this: last year, total L2 swaps on Uniswap reached…