Author: NBTC

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Until now, no Bitcoiners have stepped foot on the actual moon, considering Satoshi wouldn’t write the white paper for another 36 years after the last astronaut returned home. Maybe 50 people, tops, have been shot into space since the white paper came out, including on suborbital flights like the Blue Origin trips, which probably don’t count. Perhaps there were Bitcoiners among them. We do know this for sure: Chun Wang is the first Bitcoin billionaire to ever enter Earth’s orbit. The F2Pool co-founder spent three and…

In a recent development, 1,995 Bitcoin worth nearly $216 million were moved to Coinbase Institutional across two transactions. According to blockchain data tracker Whale Alert, the two transactions were as follows: 1,083 BTC worth $117,242,199 were transferred from unknown wallet to Coinbase Institutional; 912 BTC worth $99,201,426 were transferred from Cumberland to Coinbase Institutional. 🚨 🚨 🚨 🚨 🚨 1,083 #BTC (117,242,199 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/4J6Ua58mJn — Whale Alert (@whale_alert) May 29, 2025 Though the exact reason for the moves remains unknown, a few explanations might be possible. Deposits to crypto exchange often imply selling, while…

Bitcoin (BTC) briefly dipped to its weekly low on Wednesday, just before a major development in the crypto world — FTX’s long-awaited creditor repayment. The exchange, which went broke in late 2022, announced that it will start distributing over $5 billion in stablecoins to creditors on May 30. The announcement has traders on edge. Bitcoin’s hourly chart showed a dip to around $106,474, but then it rebounded a bit to $107,780 at press time. It looks like the price action is showing the market’s anxiety as everyone tries to figure out the impact of the upcoming liquidity injection. A $5…

SFT Protocol, a famous decentralized infrastructure entity focused on developing a resilient Web3 Foundation, has partnered with Satoshi Network, an advanced gamified DeFi platform for Web3 onboarding. The collaboration underscores a landmark merger for both SFT Protocol and Satoshi Network to fill the gap between the gamified decentralized technology and real-world infrastructure. The platform took to its official X account to share the details of this development. 🎮 Exciting Partnership Announcement 💥We’re thrilled to partner with @SatoshiNetwork_ , a next-gen gamified DeFi ecosystem designed to onboard millions into Web3 through mining, staking, and fun, casual gameplay! 📱🔍 With built-in AI…

Roughly a third of all bitcoin could one day be owned by corporations, Swan Bitcoin Chief Investment Officer Ben Werkman projects. President Donald Trump’s strategic bitcoin reserve order helped clear the path for companies, meaning the risk-reward for adopting bitcoin “has never been better,” he said. “I won’t be surprised to see 25-35% of bitcoin held by corporations, but keep in mind it seems we’re also going to have some involvement from sovereign wealth funds and central banks,” Werkman told Blockworks in an interview. “I think the pockets of demand are going to get really wide.” Werkman is a board…

It’s tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It’s a lot to follow. Luckily, we’re plugged in at Decrypt’s GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories Reaper Actual revealed: Game industry veteran John Smedley has launched Distinct Possibility Studios with a…

Bitcoin (BTC), the largest cryptocurrency, is often criticized for the lack of economic incentives behind its security model. Ethereum Foundation’s Justin Drake, who ironically changed his X bio to “Bitcoin security researcher,” is sure that even a rally to $10 million per BTC will not make things better — and proposes his eccentric solutions. Bitcoin (BTC) will be too cheap to attack soon, EF researcher says Bitcoin’s (BTC) security model for its proof of work is permanently in danger — and things are only getting worse. Now, Bitcoin (BTC) fees have hit a 13-year low (30d average, BTC-denominated) which brings…

Justin Drake, a researcher at the Ethereum Foundation, has raised alarms over Bitcoin’s (BTC) long-term security. In a detailed post on May 29, Drake argued that persistently low transaction fees on the Bitcoin network could make it increasingly vulnerable to a 51% attack, a scenario in which a single entity gains majority control of the blockchain’s computing power. Bitcoin fees decline According to Drake, Bitcoin’s fee structure has failed to evolve alongside its halving schedule. He noted that while the three recent halving events have reduced block rewards over the past eight years, transaction fees have not risen enough to…

Bitcoin’s rally to $112,000 has entered a stabilization phase, with industry executives attributing recent price movements to technical consolidation and shifting macroeconomic expectations rather than bearish sentiment. Experts: Bitcoin Correction Healthy, Macro Data Key to Breakout Ruslan Lienkha, Chief of Markets at Youhodler, views the recent net distribution by large holders as a correction within bitcoin’s established $90,000–$110,000 consolidation zone, not a reversal. “This area is saturated with market orders, suggesting strong trading interest and potential support,” he said. Lienkha expects bitcoin to maintain a medium-term correlation with U.S. tech equities due to shared sensitivity to rates and liquidity, though…

Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether. Paolo Ardoino began his speech by saying, “last year we made $13 billion in profit. We keep a $120 billion blast in US treasuries as of now. We have committed to bring re-invest a lot into Bitcoin. We now have more than 100,000 Bitcoin that we own as a company.” JUST IN: Tether announces it owns over 100,000 #Bitcoin and more than 50 tons of gold. pic.twitter.com/0Ja83hCs1H — Bitcoin Magazine (@BitcoinMagazine) May 29, 2025 “Bitcoin…