Author: NBTC

The Shiba Inu ecosystem is gaining momentum once again, as Layer-2 blockchain Shibarium has seen a 54% spike in transactions over the past 24 hours. Daily transactions increased from 2.01 million to 3.1 million, indicating increasing interest and engagement on the Shibarium network. In tandem with the transaction jump, Shibarium’s total addresses have achieved a new high of 204,182,966, indicating growing user interest and participation. Other Shibarium measures are also showing an increase. As of the most recent count, the Shibarium network had completed 1,133,559,932 transactions in total. The recent increase in daily transactions has contributed to this increase. Total…

⚈ Nearly 40,000 new Bitcoin millionaires emerged in May as BTC topped $100K⚈ Total millionaire addresses rose from 137,157 to 176,525 in just 30 days⚈ Surge outpaced January highs, signaling sentiment shift beyond price movement alone The first four months of 2025 have been rocky for the cryptocurrency market and generally devastating for Bitcoin (BTC) millionaire addresses, but the fifth month, May, has thus far brought a rapid reversal. As many as 39,368 BTC millionaires emerged within just 30 days as the world’s premier digital asset reclaimed levels above $100,000. Shortly after the Liberation Day announcement lows, on April 9,…

Pakistan has signed a crypto deal with World Liberty Financial (WLF), a Defi firm where the Trump family owns about a 60% stake. However, the timing has raised eyebrows as it comes just days after the peace negotiations between India and Pakistan. For the unversed, Trump is taking credit for facilitating peace between the two nations, although India hasn’t backed that claim. Pakistan’s New Crypto Council Signs Swift Deals with WLF As reported by TOI, the newly formed Pakistan Crypto Council (PCC) has signed a series of deals with WLF to boost crypto investment and innovation. WLF’s delegation included Zachary…

Analytics account Lookonchain on the X social media network spreads the word about a crypto whale who has succeeded in profiting on several top cryptocurrencies as he has been holding long positions in them over the past month. One of those coins is Ripple-affiliated XRP, of which he holds 1,500,000. XRP, BTC, ETH long whale earns $9 million in unrealized profit Lookonchain shared that this anonymous whale has been holding long positions on the following coins over the past month: BTC, ETH, SOL, XRP, LINK and other 16 coins. In particular, he holds 1,500,000 XRP worth $3,297,900, 70.8197 BTC valued…

Hey crypto enthusiasts! Ever heard of the Kimchi Premium? It’s a fascinating quirk of the crypto world, particularly relevant to the South Korea crypto market. Essentially, it measures the difference in cryptocurrency prices, most notably Bitcoin, between exchanges in South Korea and those elsewhere in the world. For a long time, this premium was a hot topic, often indicating strong local demand or regulatory hurdles. But right now, the buzz is about its current state: neutral. That’s right. According to recent checks comparing the Bitcoin price Korea offers on a leading local exchange like Upbit with global platforms such as…

A crypto whale has recently made a notable profit on crypto long positions. As per the data from Lookonchain, the crypto whale went long on Bitcoin ($BTC), Solana ($SOL), Ethereum ($ETH), Chainlink ($LINK), Ripple ($XRP), Litecoin ($LTC), and sixteen other crypto tokens, getting $9M in profits. The on-chain analytics platform revealed this development in a recent X post. A whale has been long $BTC, $ETH, $SOL, $LTC, $XRP, $LINK and other 16 tokens in the past month, with a total profit of more than $9M.Additionally, this whale bought 309 $BTC ($24.68M) at an average price of $79,792, currently sitting on…

Bitcoin’s (BTC) rally is gaining momentum, with institutions stepping up their exposure to the leading cryptocurrency through Deribit’s BTC options market. “Panning out over just the last week shows a much bigger sign of institutional positioning on BTC,” Deribit said on X Friday, noting the bullish flows in the BTC options. The exchange has seen robust buying of call options at the $110,000 strike expiring in June and July and calendar spreads involving a long position in the $140,000 strike call expiring at the end of September and a short position in the $170,000 strike call expiring at the end…

With cash use shrinking and digital payments on the rise, the European Central Bank thinks a digital euro might be needed to keep public money in play. As Europe swipes, taps, and clicks its way through daily life, the European Central Bank says old-school cash can’t keep up, and a digital euro might be the answer. In a speech at the France Payments Forum event, ECB executive board member Piero Cipollone publicly acknowledged that “in the digital age, cash alone cannot do the job.” Cipollone explained that while cash will remain available, its use has fallen as consumers increasingly turn…

⚈ Bitcoin’s climb above $110,000 could cost short sellers around $1.19 billion.⚈ BTC’s open interest is at a 3-month high, signaling strong speculative activity.⚈ Short sellers have already lost $2.17 billion as Bitcoin surpassed the $100,000 milestone. Bitcoin’s (BTC) rally above the psychologically crucial $100,000 mark has put a large amount of short positions at risk — particularly if the leading digital currency goes on to surpass $110,000. To be more exact, short sellers stand to lose roughly $1.19 billion should the price of Bitcoin reach levels above $110,000, per data retrieved by Finbold on May 9 from cryptocurrency market…

Asset manager Franklin Templeton has secured approval from the Monetary Authority of Singapore to launch its tokenized Franklin OnChain US Dollar Short-Term Money Market Fund. With the move, it became the first tokenized fund open to all investors in Singapore. According to reports, the fund is similar to the Luxembourg-registered Franklin Templeton money market fund, which exposes investors to short-term securities and government money market instruments. That fund currently has $1.76 billion in total net assets, with the net asset value (NAV) being $9.81. A breakdown of its portfolio also shows that most of its investments (52%) are allocated to…