Author: NBTC
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. To no one’s surprise, the Fed held rates steady in the June FOMC meeting. As is the case in this modern age of monetary policy, the actual rate decision was well-telegraphed and wasn’t what moved markets. In terms of what did move markets…the FOMC statement saw minor changes to wording but, generally, there was very little for market participants to glean. More notably, the updated Summary of Economic Projections was substantial compared to the last update in March. Considering how much has changed since March (Liberation…
Although XRP has not changed much in price lately, the mood among the top Binance traders is shifting. On May 27, data revealed a clear shift toward short positions among the platform’s highest-margin accounts, even though XRP continues to trade quietly around the $2.33 level. Specifically, among the top 20% of accounts by margin balance, 58.7% are currently holding net short positions, while 41.3% remain long. The account-based long/short ratio is at 0.70, and the trend throughout the day has been consistent in its direction — a greater number of traders pulling back from the long side, and fewer willing…
Some members of Bitcoin’s community are quick to shrug off advancements in quantum computing, but behind closed doors, influential cryptographers and business leaders are concerned about a potential catastrophe. A computer strong enough to reverse engineer wallets’ private keys could one day disrupt Bitcoin’s market, flooding exchanges suddenly with ancient Bitcoin and sending prices spiraling, computer and security experts explained at a private luncheon last week—a short walk away from The Venetian’s cavernous Bitcoin 2025 conference rooms in Las Vegas. Although the threat was once viewed as far-off, experts now believe that Bitcoin’s community has less than a decade, even…
A couple of cryptocurrency wallets have recently lost a massive amount of Ethereum ($ETH). As per the data from Lookonchain, the two wallets lost up to 142 $ETH in panic selling. The well-known on-chain analytics provider shared insights into the latest losses of the crypto wallets. 4 days ago, 2 wallets panic-sold 4,598 $ETH for 10.95M $DAI at $2,383.3 hours ago, as $ETH rebounded, they bought back 4,455 $ETH($10.95M) at a higher price of $2,459, losing 142 $ETH($353K).https://t.co/zPAsDKdvUNhttps://t.co/dAW0TfmcJ4 pic.twitter.com/6E1Vsprexl — Lookonchain (@lookonchain) June 26, 2025 2 Wallets Hit by $353K in $ETH Losses in Panic Selling Amid Market Volatility The…
With a network overhaul just days away, the Sia Foundation is urging users to take control of their coins before it’s too late. The Sia network is about to get its biggest upgrade yet, with a major v2 hardfork set for June 6, giving users only a short time to update their wallets and software to stay connected. Once live, it will effectively shut out anyone still using outdated software or storing their Siacoin (SC) on exchanges that haven’t upgraded. The Sia Foundation has described the move as more than a technical refresh. According to a Monday blog post, the…
GameStop leads public firms with a major 4,170 BTC treasury allocation in Q1 2025. Bitcoin adoption spreads to biotech, food, and healthcare firms globally. Private and public companies increasingly diversify reserves with Bitcoin. More companies are moving to integrate Bitcoin into their corporate treasury strategies, reflecting an expanding institutional presence in the digital asset space. GameStop, Zap Solutions Inc. (Strike), and firms across biotech, food, and fintech sectors disclosed new Bitcoin holdings in the first quarter of 2025. These additions vary in size and location but represent a collective shift toward digital asset inclusion in balance sheets. These companies are…
The NFT market has posted a recovery with sales volume rising by 8.17% to $125.1 million. This marks a rebound from the previous week’s decline. Bitcoin (BTC) has surged to the $107,000 level. At the same time, Ethereum (ETH) has remained steady in the last seven days. The global crypto market cap is now $3.29 trillion, down from last week’s $3.28 trillion. According to data from CryptoSlam, market participation metrics remain stable with NFT buyers unchanged at 1,061,348 (maintaining a 50.56% growth rate), and NFT sellers rising by 8.09% to 38,494. NFT transactions have increased by 1.82% to 1,717,339. You…
Bold Statements from the Famous CEO for Ripple (XRP)! “No Investor Can Buy XRP at This Price!”
After Bitcoin and Ethereum, ETF approval is expected in the US for altcoins such as XRP, Solana (SOL) and Cardano (ADA). However, not every country is taking altcoin ETFs as slowly as the US. At this point, Canada is taking important steps regarding XRP ETFs, while Canadian companies 3iQ and Purpose have launched XRP ETFs. At this point, Canadian crypto asset manager 3iQ launched its XRP ETF with zero management fees for six months, while Purpose launched its spot XRP ETF on June 18, offering direct spot access to XRP. While XRP ETFs are gaining significant traction in the country,…
This is a segment from The Breakdown newsletter. “A 1921 version of Wakanda — and all is vibranium.” — Chief Egunwale Amusan on the Greenwood district of Tulsa 1. The investment case for MSTR is gibberish The forensic short-seller Jim Chanos describes Michael Saylor’s investment pitch for Strategy as “complete financial gibberish.” Chanos was responding to Saylor telling CNBC that investors should value Strategy at a multiple of its growth in NAV. But Chanos argues this is “like claiming that your house, which increased in market value last year from $450,000 to $500,000, is actually worth $1.5 million, because you…
This comes after the company successfully launched its mainnet and participated in the Mobius Hackathon, where they received over 250 unique project submissions. Sonic has attracted a broad group of new protocols that leverage its high-performance infrastructure to build next-generation Web3 applications. One of the first SVM chain extensions built on Solana, Sonic SVM, made an announcement today on the expansion of its ecosystem of native projects that span many sectors. Sonic has attracted a broad group of new protocols that leverage its high-performance infrastructure to build next-generation Web3 applications. This comes after the company successfully launched its mainnet and…