Author: NBTC
Bybit officially delisted the GME/USDT perpetual contract on March 25, 2025, at 9:00 AM UTC. The exchange confirmed that all trading, open orders, and bot activity tied to the contract were disabled. Positions were auto-closed using the 30-minute average index price before delisting. Bybit’s move impacted users involved in trading GME derivatives. Traders saw their positions forcibly closed, with no option to manage exposure or adjust stop-loss levels ahead of time. Immediate Aftermath: Sudden GME Price Spike Despite the delisting, the GME token saw a surprising 15% jump within hours. Before delisting, GME traded near $0.0026. It then surged to…
Incentiv, an exclusive L1 blockchain protocol, has announced its official launch. As per Incentiv, its testnet is now formally live in partnership with Micro3, a community growth project, to improve blockchain accessibility. The platform took to its official X account to share this development its the community. 🚨 Testnet Alert 🚨@Incentiv_net is LIVE with their community growth protocol — and YOU can be the first to explore it.💥 Run the quest https://t.co/kYwXhfagCA pic.twitter.com/3LXGEz8RVp — Micro3 (@Micro3io) May 31, 2025 Incentiv Network Announces Testnet Launch to Increase Blockchain Accessibility In its recent X post, Incentiv disclosed its testnet release that focuses…
Ethereum continues to demonstrate notable resilience amid growing economic headwinds, maintaining its footing above the $2,500 support level despite intensified market volatility. The asset rebounded sharply from $2,472.84 to a session high of $2,547.92, with price currently holding near $2,514. Technical momentum remains intact as higher lows persist, supported by strong demand around the $2,486-$2,490 zone. Trade tensions between the United States and China and the recent climb in US Treasury yields have weighed heavily on risk assets, but Ethereum has held up comparatively well. Meanwhile, spot ETF inflows have added a tailwind, with $3 billion in net investment over…
On June 3, 2025, Strategy (formerly known as MicroStrategy) introduced a new perpetual called Stride (STRD). The stock will allow investors to get a 10% yield from Bitcoin without buying it directly, while Strategy will get cash to buy more Bitcoin. The new stock received a mixed reception from the crypto community. What is Stride? Following the release of Strife and Strike, Strategy introduced a new preferred stock offering, Series A Preferred Stock Stride (STRD). Stride is a 10% noncallable non-cumulative perpetual. Its fixed dividend of 10% is above Strike’s 8% dividend, but has a lower seniority if compared to…
Cryptocurrency analysis platform Santiment shared the altcoins with the most intense development activity in the last 30 days among the projects developed on the Ethereum network. According to the announced data, Chainlink, Starknet, Ethereum and EigenLayer ranked first among the projects with the highest developer interest. Santiment determines this ranking based on significant development activity tracked on GitHub. Projects included in the list reflect the level of contribution from the developer community to the projects. Here are the altcoins that crypto developers have focused on the most in the last 30 days, along with their developer activity and total market…
The draft project, introduced by Representative Shirley Rivera to the Guatemalan Congress, establishes several rules aimed at positioning Guatemala at the forefront of cryptocurrency regulation. The bill provides tax exemptions for personal transactions and regulates the voluntary use of crypto for payments. Bill Regulating Cryptocurrency Payments Proposed Before Guatemalan Congress Increasingly, countries are rushing to establish clear cryptocurrency regulatory frameworks to avoid being left behind in this area. Representative Shirley Rivera recently introduced a cryptocurrency bill into the Guatemalan Congress that seeks to clarify the rules that citizens and companies must follow to leverage these tools. The draft, which contains…
Hey traders and Pocket Network enthusiasts! There’s an important update coming from the South Korean crypto exchange Upbit that you need to be aware of, especially if you hold or trade POKT. Upbit has announced a temporary halt to certain operations involving the Pocket Network token (POKT). This Upbit POKT suspension is a critical heads-up for anyone planning to move their POKT around the specified date. What’s Happening with the Upbit POKT Suspension? Upbit, a major player in the South Korean crypto market, officially stated on its website that it will be temporarily suspending both deposits and withdrawals of Pocket…
Ram Kumar believes developers are drawn to on-chain artificial intelligence (AI) for its fresh technical puzzles, sustainable business models, and cultural significance. He advises aspiring builders to approach AI as a research project aimed at solving open challenges. Beyond the Hype Over the past few months, the AI sector has captivated the tech world, drawing significant mindshare and, notably, a noticeable migration of blockchain developers from decentralized finance (DeFi) to AI-centric projects. Beyond the initial hype and surging AI token prices, this shift signals a deeper evolution within Web3, driven by fresh technical challenges and AI’s undeniable cultural relevance. Ram…
American Bitcoin, a newly established Bitcoin mining entity backed by Eric Trump and Donald Trump Jr., has revealed that it has accumulated 215 BTC since its launch in April. The stash is valued at around $23 million at current market prices. Stacking more Bitcoin is part of the company’s core business objective and strategy, according to a June 10 disclosure with the SEC, which includes details of a proposed merger between Gryphon Digital Mining and American Bitcoin. “Bitcoin accumulation is not a side effect of ABTC’s business. It is the business,” the company stated in its disclosure. “ABTC aims to…
Ethereum is resting above the critical 200-week moving average after breaking out of a major support zone. With volume rising and structure intact, a full market rotation toward $3,340 appears increasingly likely. The current setup aligns closely with Market Auction Theory, a framework that explains how price tends to rotate between the value area low and the value area high. In Ethereum’s (ETH) case, the value area low was established between $1,400 and $1,600, where price was considered undervalued by market participants. After testing that zone, ETH rallied with strength, reclaiming the point of control and pushing above the 200-week…