Author: NBTC
Argentine President Javier Milei has closed down the unit established to investigate the LIBRA scandal, an international cryptocurrency scam in which he was involved. According to decree 332/2025 published in the Official Gazette on Tuesday, President Javier Milei has dissolved the unit established to investigate his possible criminal involvement. The decree claims that the structure created by the executive branch has fulfilled all the tasks it has determined and therefore no longer functions. It was announced that the “Investigation Task Force” (UTI), established within the Ministry of Justice, has been dissolved, stating that it has completed its mission. The decree…
Binance, the world’s largest cryptocurrency exchange, started the day with an altcoin announcement. At this point, Binance made both a delisting and listing announcement today. Accordingly, announcements came for AWE, ACA, MASK and TRU. Binance announced that it will list the altcoin AWE Network (AWE) on Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin and Binance Futures, while delisting ACA/BTC, MASK/BNB, TRU/BTC spot trading pairs. “Binance is pleased to announce that AWE Network (AWE) will be added to Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, and Binance Futures at the respective dates and times listed below. Binance…
Bitcoin-holding public companies may be sitting on a powerful market catalyst: untapped issuance capacity that could meaningfully raise bitcoin’s (BTC) price, according to new research from NYDIG. In a report published this week, Greg Cipolaro, the firm’s global head of research, points to the “dry powder” in the form of share issuance potential among bitcoin treasury companies. If these companies take advantage of their elevated equity valuations to raise new funds and buy more bitcoin, it could trigger a significant upward move in the market. Cipolaro uses a back-of-the-envelope model to estimate the impact: applying a 10x “money multiplier” —…
Ethereum is on the verge of confirming a powerful golden cross, implying a breakout toward $4,000 appears increasingly likely. Ethereum (ETH) is approaching a potential breakout as it edges closer to forming a golden cross, a classic technical indicator that signals a major shift in momentum. As ETH hovers below the $2,800 resistance level, confluence with key moving averages and historical performance suggests a high-probability move toward $4,000 if volume picks up. Market sentiment is cautiously optimistic as bulls look to capitalize on this developing setup. Key technical points Golden Cross Incoming: ETH’s 21-day moving average is closing in on…
Defense attorneys in the criminal fraud trial of John Karony neared the end of their case on Tuesday. The former SafeMoon CEO is accused of misrepresenting SafeMoon to investors, including by secretly withdrawing funds from SafeMoon liquidity pools and using them for personal purchases, including cars and real estate. The day ended with the news that Karony may testify in his own defense starting later today. That decision will be made tonight and may be shared publicly on the case docket. His defense strategy remains focused on characterizing Karony’s use of funds from the SafeMoon liquidity pool as being in…
The Centrifuge token surged to its highest level since January ahead of an upcoming token migration and a sharp rise in assets within its ecosystem. Centrifuge (CFG) jumped to a high of $0.2850 on Friday, up 180% from its lowest point this year. The surge pushed its market capitalization to over $106 million. The rally comes ahead of the scheduled migration of the Centrifuge governance token to Ethereum (ETH) on May 20. This marks a major milestone as the network moves toward full Ethereum Virtual Machine compatibility. The migration is expected to pave the way for the launch of an…
Global cryptocurrency exchange Binance has introduced Haedal Protocol (HAEDAL) as the 19th project of its HODLer Airdrops program. Developed on the Sui blockchain, this liquid staking protocol offers Binance users a reward of 30 million HAEDAL tokens. Binance Prepares to List Haedal Protocol (HAEDAL) Token: 30 Million HAEDAL HODLers Airdrop to Be Distributed Users who staked BNB via Simple Earn (flexible or locked) and/or On-Chain Yields products between 00:00 on May 10, 2025 and 02:59 on May 14, 2025 are eligible for the airdrop distribution. Distributions will be reflected in users’ Spot Wallets at least one hour before spot trading…
Public companies could channel over $300 billion more into Bitcoin over the next five years, according to a new report by analysts at asset management firm Bernstein. This potential inflow stems from a growing number of corporates adopting a strategy modeled after MicroStrategy’s aggressive Bitcoin accumulation culture. Bernstein disclosed this projection in a recent report. The asset manager’s base case outlines that between 2025 and 2030, listed corporations could direct nearly $205 billion into Bitcoin. An additional $124 billion is expected to come from companies replicating the capital deployment plan of Strategy (formerly Microstrategy). Currently, Strategy holds 555,450 BTC, purchased…
Ethereum’s price has surged by 5% over the past 24 hours, amid the broader market recovery. The leading altcoin currently trades above the psychological $2,500 price zone, reinforcing short-term bullish sentiment. However, key technical and on-chain signals suggest that the upward momentum may be waning. ETH’s Technical Setup Turns Bearish An assessment of the ETH/USD one-day chart reveals the potential formation of a death cross on its Moving Average Convergence Divergence (MACD) indicator. This bearish pattern emerges when an asset’s MACD line (blue) breaks below the signal line (orange), signaling a shift from bullish to bearish momentum. Such a pattern…
LONDON, May 20 (Reuters) – The surge in popularity of U.S. dollar-backed stablecoins as a way of transferring money abroad is increasing the volatility of Brazilian capital flows, Brazil’s central bank deputy governor said on Tuesday. Brazilians’ crypto asset usage has surged over the past two to three years, with around 90% of the flow linked to stablecoins – digital money pegged to leading currencies like the U.S. dollar – its central bank estimates. Deputy Governor Renato Gomes said one of the “worrisome” issues was that they can be a way to bypass the normal checks and balances for converting…