Author: NBTC

Multinational tech giant Meta is offering OpenAI employees signing bonuses of up to $100 million alongside annual compensation packages exceeding that amount, OpenAI CEO Sam Altman alleged on Monday’s “Uncapped” podcast. Meta had been making “giant offers to a lot of people on our team,” Altman said on the podcast, which aired on Tuesday, and hosted by his brother, Jack Altman. In the conversation, Altman said that none of his company’s “best people” have accepted these packages to date. Meta’s recruitment efforts reportedly have CEO Mark Zuckerberg personally contacting researchers and hosting meetings at his private residences in Lake Tahoe…

Data shared by the SHIB community through the Shibburn tracking platform, which monitors large Shiba Inu burns and then shares the details of those transactions on its website and X account, has reported a massive burn transfer. This transaction carried almost two dozen SHIB coins out of the circulating supply. Meanwhile, the SHIB price plummeted hard today, losing 7.31% in merely three hours. 23,571,440 SHIB gone in minutes The abovementioned data source, Shibburn, spread the word about a total of 23,738,202 SHIB getting burned by the Shiba Inu community since yesterday morning. The lion’s share of this meme coin chunk…

This is a segment from The Breakdown newsletter. To read full editions, subscribe. The charters establishing the First and Second Banks of the United States both included a clever clause that limited the ability of those proto-central banks to print money: Every bill issued had to be hand-signed by either the president or cashier of the bank. This wasn’t an attempt to impose restrictive monetary policy, however — it was more about a Jeffersonian fear of big banks and institutions too far removed from local control. But the effect was the same: Both the First and Second banks issued less…

This week has witnessed a notable surge in cryptocurrency trading activity. The momentum culminated in Thursday’s all-time high of $111,988 for the leading coin, Bitcoin. The renewed bullish momentum across the market has caught the attention of whales that have been actively accumulating select altcoins. Dogecoin (DOGE) Leading meme coin Dogecoin is one asset that has received significant crypto whale attention this week. Data from Santiment shows a rise in the coin holding of addresses that own between 100 million and 1 billion DOGE tokens. DOGE Whale Holdings. Source: Santiment During the week in review, this cohort of DOGE holders…

Jerome Powell’s speech at the Fed’s International Finance (IF) Division anniversary conference quietly signaled the central bank’s growing openness to easing monetary policy. This prospective shift has sent Bitcoin (BTC) soaring above $105,000. Meanwhile, the Federal Reserve (Fed) continues to work against political pressure from President Trump, who advocates for rate cuts. This contention has sparked speculation of Powell’s imminent resignation. Bitcoin Surges as IF Models Point to Dollar Weakness Bitcoin surged past $105,000 on Monday, buoyed by growing expectations that the Federal Reserve may be preparing to pivot its monetary policy stance later this year. The rally followed Federal…

Financial automation receives a decisive boost thanks to the implementation of a more scalable and high-performing XRP infrastructure by Atua AI. This decentralized platform, powered by artificial intelligence, has significantly improved the speed of transactions and operational efficiency in Web3 financial operations. XRP Infrastructure: the key to advanced financial automations thanks to Atua AI A smarter and more scalable Web3 ecosystem XRP Infrastructure: the key to advanced financial automations thanks to Atua AI Atua AI has enhanced its support for the blockchain ledger XRP to ensure more sophisticated and reliable automation in digital financial systems. This update directly affects fundamental…

After a volatile start to June, the Bitcoin price today is consolidating just under a major resistance cluster as traders assess whether bulls have enough momentum for a sustained breakout. As of writing, Bitcoin price is hovering near $105,470, recovering slightly from intraday lows around $105,168. This cautious rebound follows recent rejections near the $106,000–$106,500 supply zone, keeping BTC trapped between key trendlines. What’s Happening With Bitcoin’s Price? BTC price dynamics (Source: TradingView) Looking at the 4-hour and daily charts, Bitcoin price action appears to be caught between opposing pressures. While BTC has reclaimed higher lows since the May rebound…

In a significant move signaling a strategic pivot towards the cutting edge of digital finance and technology, UK-listed TAO Alpha PLC has announced securing a substantial convertible loan. This funding injection is set to propel the company’s ambitious shift, particularly focusing on a new Bitcoin strategy and broader crypto expansion within the burgeoning decentralized AI landscape. What’s Driving TAO Alpha’s Pivot? The core of TAO Alpha’s recent announcement revolves around a £5 million (approximately $6.8 million) convertible loan. This financial maneuver, reported by Investing.com, underpins a fundamental change in the company’s direction. Historically, the company’s focus may have been elsewhere,…

Leading analytics platform Messari has released a new report on Cardano, highlighting key developments in the ecosystem in Q1 2025. One of the main highlights was Cardano’s transition to decentralized governance, marked by the enactment of its on-chain Constitution on February 24, 2025. This represents a significant milestone in the Voltaire era, with CIP-1694 now fully implemented. Governance has officially shifted to the community through a structure involving Stake Pool Operators (SPOs), a Constitutional Committee, and over 1,220 active Delegated Representatives (DReps). ADA Sees Price Decline, Market Cap Shrinks Despite the major governance transformation, ADA experienced a challenging quarter financially.…

In a recent tweet, renowned trader Peter Brandt, who has over 40 years of experience in the commodity trading business, shared Bitcoin and gold charts. The message he communicated to the crypto community is that he believes gold is currently copying Bitcoin’s last year’s breakout chart. Bitcoin is showing direction to move for gold The legendary trader believes that gold is using a classical pattern called “an expanding inverted triangle” to compare the current gold price trajectory to that demonstrated by Bitcoin in 2024. Brandt made a disclaimer, saying that he could certainly be wrong about this. However, this chart…