Author: NBTC
While Visa shares lost value after the GENIUS Act passed by the US Senate, CEO Ryan McInerney stated that they welcomed the process. Speaking on CNBC’s Squawk on the Street, McInerney said Visa has been developing infrastructure for stablecoins for years and this new regulation will bring clarity to the industry. Visa CEO stated that the passage of the GENIUS Act will provide regulatory clarity for stablecoins. “We have been embracing stablecoins for a long time. We have built stablecoin-based solutions on Visa infrastructure and are working to develop new use cases on a global scale,” he said. McInerney countered…
“James Wynn,” the closely-watched trader, has now placed a $12 million worth of long bet on PEPE just hours after losing over $100 million in bitcoin BTC$105,964.18 long positions. Wynn, known for placing billion-dollar bets on the onchain trading platform Hyperliquid, opened a new 10x leveraged long worth more than $12 million on the memecoin PEPE, Hyperdash data shows. Wynn now holds 934 million PEPE tokens valued at approximately $12.1 million. His entry price of $0.0129 has already netted him an unrealized gain of 10.66%—a small but notable pivot after last week’s disastrous Bitcoin trade. Wynn’s bitcoin losses are the…
The team at Convexity Labs has just launched opt.fun, an options trading platform on Hyperliquid’s HyperEVM that enables traders to engage in 1-minute expiry at-the-money (ATM) options. This cutting-edge platform is designed to elevate short-term trading strategies with its streamlined experience, featuring automated settlement and efficient collateral management.—Opt.fun offers an impressive leverage of up to 1000x on deposited collateral, with each trading cycle lasting precisely 60 seconds from start to finish. This unique approach caters to the growing demand for quick and dynamic trading, allowing users to capitalize on market movements with ease.A New Era of Rapid TradingEvery minute, a…
Bluebird Mining Ventures Ltd., a London-listed gold exploration company with operations across Asia, has unveiled plans to adopt Bitcoin as part of its treasury management strategy. The firm announced the move on June 5 in a post on X (formerly Twitter), signaling a significant departure from the traditional capital allocation models in the UK mining sector. The company intends to channel revenue from its gold mining projects into BTC. According to the company, pairing income from physical gold with a digital asset like Bitcoin offers a forward-thinking approach to capital preservation and growth. It also aims to maintain lean corporate…
Ethereum has been struggling to break out of its recent consolidation range, with price movements staying within $2,681 and $2,476. Despite attempts at escaping this range, ETH has returned to this zone, leaving investors uncertain. However, there is growing optimism within the market as Ethereum continues to see substantial investor interest. This support from the growing number of new wallet holders hints at a potential breakout in the near future. Ethereum Investors Are Confident Of Gains The number of new wallets on the Ethereum network has been rising sharply, signaling strong investor confidence. Since mid-May, the number of new wallets…
The value of digital assets under BitGo Inc.’s custody has surged. BitGo’s vice president for its Asia-Pacific business, Abel Seow, said it had seen its assets under custody (AUC) rise from $60B to $100B in the first six months of the year. It represents a 66% increase, demonstrating the growing appetite among institutional and retail players to participate in the crypto-economy. Seow said that the rise was driven by “peak retail interest” in crypto, increasing asset adoption, and greater regulatory clarity in major jurisdictions. Crypto confidence is growing among investors, as is evident in the demand for secure and regulated…
Shiba Inu ecosystem lead developer Shytoshi Kusam discusses his ongoing project, which will go live soon. Yesterday, Kusama updated his bio on X to reflect what he has been working on lately. The updated bio suggests that he is writing a final white paper exploring SHIB, AI, SHY, and their roles in this upcoming new age. This indicates that Kusama is preparing a white paper that highlights how AI will integrate with the evolving Shiba Inu ecosystem. The document could also outline how Shiba Inu fits into the next phase of technological evolution driven by AI. Popular community figure Kuro…
Bitwise’s Head of Research recently shared a mid-year update on the firm’s 2025 price predictions for Bitcoin, Ethereum, and Solana. At the start of the year, Bitwise shared bold targets for these top cryptocurrencies, expecting a strong market rally. Now, six months later, the expert returned to discuss what’s changed, what’s holding steady, and how the current market conditions have impacted those forecasts. On the Milkroad podcast, Ryan Rasmussen said that while the price predictions are never exact, the firm is still confident about Bitcoin reaching $200,000. “We’re holding strong on Bitcoin,” he confirmed. However, Bitwise has revised its earlier…
Athena Bitcoin Global, a U.S.-based crypto ATM operator with a focus on Latin America, has filed to register hundreds of millions of shares for resale by former investors, marking a potential exit tied to earlier debt financing. The S-1 filing appeared on the SEC archives Tuesday, detailing how Athena would register 473 million common shares for resale by more than two dozen shareholders, including early backers, company insiders, and former employees. Many of its shares were issued following the conversion of a secured convertible debenture, a type of debt instrument that can be converted into equity at a later date. Athena said…
AGI Open Network is excited to announce its groundbreaking collaboration with StarAI to redefine the landscape of artificial intelligence (AI)-powered content creation. This partnership aims to empower creators, developers, and users by unlocking strategic monetization opportunities for them. The synergy further strives to offer decentralized and intelligent tools and protocols to monetize faster. 🥳 We’re excited to announce our strategic partnership with @The_StarAIStarAI, a leading AI+Web3 content platform empowering 8M+ creators through Create-to-Mine, Pay-to-Earn & more.🤝 Partnership Highlights:🔹 Amplify creator monetization via AI Agent Launchpad🔹 Connect… pic.twitter.com/VJ6U2QOK1A — AGI Open Network (@AGIOpenNetwork) June 19, 2025 AGI Open Network, a decentralized…