Author: NBTC
Bitcoin was conceived as the first sustainable electronic commerce network independent of financial institutions. Fifteen years later, there is much talk about how Bitcoin will strengthen the American dollar, while financial institutions are investing in cryptocurrency. At the same time, it is still possible to come across remarks like “fiat money’s days are counted” when the Bitcoin price goes up. Is Bitcoin a threat to the traditional financial system? Table of Contents What do we learn from the Bitcoin whitepaper? Bitcoin as a banking system competitor How do institutional investors and governments instrumentalize Bitcoin? Conclusion What do we learn from…
Investor interest for eToro’s long-awaited IPO has surged beyond expectations, reportedly prompting the fintech firm to shut its order books earlier than planned. According to Calcalist, the offering, led by Goldman Sachs and Jefferies, is reportedly more than ten times oversubscribed. Backed by explosive demand and renewed enthusiasm for crypto platforms, eToro now stands to raise over $500 million at a valuation exceeding $4 billion. According to sources familiar with the matter, the underwriters have informed roadshow participants that no further orders will be accepted beyond Monday. The flood of investor interest may now be expected to prompt a boost…
Shiba Inu (SHIB) on-chain activity has shot up, and the numbers are too big to ignore, as represented by IntoTheBlock. In just one day, the total transaction volume for SHIB jumped from 1.8 trillion tokens, equal to $22.84 million, to a whopping 7.37 trillion SHIB, which was worth around $93.56 million. While the price of SHIB did not change much during that same time – it was mostly around $0.000013 – the increase in volume was what got real attention. If you look at the big picture, this move really stands out compared to the previous week, when the average…
UAE MBank, Al Maryah Community Bank, the first fully integrated digital bank in the UAE, is offering secure and regulated AED dirham to crypto conversions and trades, AED Escrow Account Services, executed at UAE regulated crypto custodian, Changer.ae platform. As per the press release, the service seeks to bridge the gap between traditional finance and the digital asset economy. By providing AED Escrow Account Services to Changer.ae, MBank will allow clients of Changer.ae to safely utilize a Dirham escrow account powered by the bank, while all conversions between dirhams and crypto assets are executed by Changer.ae. UAE Central Bank approves…
The Dow Jones Industrial Average soared more than 1,000 points, while the S&P 500 and Nasdaq opened higher amid a massive market reaction to news of a trade deal between the United States and China. Global stocks, having fluctuated heavily in the wake of the tariffs uncertainty, rose as the latest sentiment buoyed buyers. Dow opened more than 1,000 points up as investor reaction to the U.S.-China deal cascaded across the market. The S&P 500 soared 2.8% and tech-heavy Nasdaq pumped 4%. Asian and European stock markets also edged higher, with jitters fading following a weekend of highly anticipated talks…
Hyperliquid is emerging as a leading crypto derivatives trading platform, particularly attracting attention from large investors, often called whales. High leverage support, fast transaction speeds, low fees, strong security, and a dominant market share make Hyperliquid appealing to whales. Hyperliquid Commands Over 60% of the Perps Market Share Hyperliquid has become a standout name among perpetual futures platforms in recent times. According to data from Dune, over the past 24 hours, Hyperliquid’s perps trading volume accounted for 62%, totaling over $10.8 billion. Its weekly trading volume also ranks top, exceeding $36.3 billion. Hyperliquid Perps Trading Volume. Source: Dune With such…
The Blockchain Group (ALTBG), a Premiere Member of Bitcoin For Corporations and Europe’s first publicly traded Bitcoin Treasury Company, has completed two major capital raises totaling over €22 million in less than a week—a bold signal of institutional conviction in its Bitcoin-native strategy. These moves are not just capital raises—they’re a blueprint for how public companies can re-architect their balance sheets around Bitcoin, while attracting world-class partners along the way. Part One: €9.9M Equity Raise Anchored by Major Institutions On May 9, The Blockchain Group announced a €9.9 million capital increase, pricing shares at €1.0932, a 61.7% premium over the…
The Ethereum price today is trading near the $2,500 mark after staging an aggressive breakout from a multi-month downtrend. On the daily chart, ETH surged past the descending resistance line drawn from the December 2024 high, clearing key horizontal levels at $1,950 and $2,200. This Ethereum price spike follows a sharp impulse move that saw ETH rally from below $1,800 to nearly $2,550 in just a few sessions. ETHUSD price dynamics (Source: TradingView) This breakout also confirmed a long-awaited trend reversal, invalidating the previous bearish channel. The Ethereum price action shows strong buyer momentum, but as the price now hovers…
Backpack Exchange has officially launched fund withdrawals for former FTX EU users starting May 12, 2025. Users must complete KYC with their old FTX EU details before claiming available funds. Backpack Exchange has finally opened the withdrawal process for former FTX EU users starting May 12, 2025. This is no ordinary announcement—for the thousands of users who have been waiting for clarity since FTX collapsed almost three years ago, this could be a light at the end of a dark tunnel. Former FTX EU customers may now complete the two-step process to claim their Euro funds via Backpack EU. 1.…
Bitcoin managed to stay above the $ 100,000 level, breaking a historical threshold, and briefly saw $ 106,000. This rise of the largest cryptocurrency, which has gained more than 70% in the last year, has further increased the interest of investors and institutions. Coinbase Institutional Strategy President John D’Agostino participated in CNBC’s Squawk Box program and evaluated the latest developments. D’Agostino stated that Bitcoin should not be evaluated like technology stocks and said, “It is more appropriate to view Bitcoin as a store of value with rarity like gold.” D’Agostino noted that investor interest in spot Bitcoin ETFs has increased…