Author: NBTC

Phantom’s PSOL has reached an $8.32M market cap, reflecting rapid growth and strong early demand. PSOL already has over 8,600 holders and strengthens Phantom’s role in Solana’s staking ecosystem. Phantom, one of the most popular crypto wallets in the Solana ecosystem, seems to be getting serious about pushing the adoption of liquid staking. Its new product called PSOL—short for Phantom Staked SOL—has now reached a market cap of around $8.32 million and has over 8,600 holders, according to Dune. Source: Dune Its circulating supply is also impressive, having reached 49,163 PSOL. This figure shows a fairly enthusiastic market response, although…

PayPal’s senior vice president of digital currencies, Jose Fernandez da Ponte, during a panel at Consensus 2025 in Toronto, stated that the key pillars sustaining stablecoin growth are banks and clear regulation. His comments come as lawmakers close to passing stablecoin legislation that could transform the market and open it up to banks and also as the US seeks to update rules around digital assets. For instance, the US Senate is readying for the massive vote on the GENIUS Act, Stablecoin Bill on Monday, 19th May. This came as Senate Majority Leader Jon Thune set up a “cloture vote” to advance the…

Binance Alpha, the research and early investment division of crypto exchange giant Binance, has announced the listing of Xterio (XTER), the native token of Switzerland-based Web3 gaming platform and publisher Xterio. Binance Alpha Lists Xterio (XTER) and Plans to List SOON Token The move reflects growing institutional interest in blockchain-based gaming and digital entertainment infrastructure. Xterio positions itself as a next-generation Web3 gaming ecosystem that combines high-quality game development with blockchain-specific features such as digital asset ownership, NFTs, and decentralized governance. Founded in Switzerland, the platform is known for its partnerships with AAA game studios and a lineup of multiplayer…

A transactional tax established in 2001 puts the Argentine crypto wallet ecosystem at risk, creating disadvantages compared to traditional financial institutions like banks. The industry expects President Milei to rectify this measure, but that has not happened yet. Argentine Crypto Wallet Providers in Disarray as Tax Puts Local Players in Checkmate The Argentine crypto industry, including exchanges and wallet providers, is currently facing a challenging situation due to a tax established in 2001. The “debit and credit tax,” which imposes a 1.2% duty on each cryptocurrency transaction, has put local providers at a disadvantage compared to traditional financial institutions and…

At Strategy World 2025, Michael Saylor issued a bold message to tech giants like Microsoft: skip the stock buybacks and buy Bitcoin instead. “Microsoft is going to do a buyback,” Saylor said. “Buying Bitcoin would be 10x better than buying their own stock.” Backed by data, he made the case that corporate treasuries are leaving massive upside on the table by sticking with legacy capital strategies. Over the last five years, Microsoft stock has returned an impressive 18% annually. But Bitcoin? It’s up 62% annually over that same stretch. “If the cost of capital is the S&P 500 at 14%,…

ETH has quietly slipped into historically rare territory as one market signal shows its deeply undervalued compared to bitcoin (BTC), at a ratio not seen since 2019, a new CryptoQuant report says. The signal comes from Ethereum’s ETH/BTC Market Value to Realized Value (MVRV) metric, a gauge of relative valuation that measures market sentiment and historical trading patterns. Historically, whenever this indicator has reached similarly low levels, ETH has subsequently delivered significant gains and substantially outperformed BTC. Investors appear to be taking notice. Demand for the ETH ETF has sharply picked up, with the ETH/BTC ETF holdings ratio rising steeply…

Procedural Misstep Delays Ripple-SEC Case: Judge Torres denied a joint filing due to incorrect legal procedure, requiring a proper refiling. Settlement Talks Face Scrutiny: Despite signs of a settlement, the judge demands justification for reversing previous rulings after years of litigation. Ripple and the U.S. SEC are back in the spotlight after a small legal mistake delayed their case. Judge Analisa Torres denied a recent joint request from both sides, not because of the content but because they didn’t file it correctly. According to legal expert James K. Filan, the motion was rejected because it didn’t follow the correct legal…

Two dormant Silk Road-linked wallets on May 5 moved 3,421 Bitcoin worth approximately $322.5 million. Whale Alert noted the wallets were first activated in July 2013, marking their first transaction in over a decade since inception. The new addresses that received the funds remain idle, while the original wallets reflect a zero balance. Data showed that the transactions included a minimal fee of 0.000105 BTC, suggesting a non-urgent transfer with internal restructuring rather than immediate plans to liquidate assets. Two Silk Road-linked wallets moved 3,241 BTC ⚠️ $324.2M in #Bitcoin on the move after over 10 years of dormancy! In…

Ethereum price today is trading around $2,495, reflecting a steady decline from the recent high of $2,737 posted earlier this week. Despite a powerful breakout from the $1,800 zone that triggered one of the strongest Ethereum price spikes of the quarter, upside momentum is showing early signs of exhaustion near the key resistance band around $2,600–$2,750. The 38.2% Fibonacci retracement on the weekly chart has now turned into a battleground. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) On the weekly chart, Ethereum price action is facing supply pressure after reclaiming the 0.236 Fib level at $2,027 and…

Ripple and SEC’s settlement hits a roadblock as Judge Torres rejects their motion over a key procedural error involving Rule 62.1. Legal expert warns the failed motion may force Ripple and the SEC to renegotiate the deal and seek new SEC commissioner approval. The courtroom drama between Ripple Labs and the U.S. SEC took another unexpected turn as Judge Analisa Torres denied a joint request from both parties due to a procedural misstep. Although Ripple and the SEC were close to settling, they used the wrong legal rule in their filing. This mistake now sends them back to fix it,…