Author: NBTC
In a live reaction to the Federal Reserve’s Beige Book release Wednesday afternoon, Bloomberg’s Federal Reserve and economics reporter Catarina Saraiva highlighted an increasingly cautious mood across U.S. businesses and consumers. Saraiva stated the Federal Reserve’s Beige Book is “pretty similar” report to what we have seen this year, pointing to slight declines in activity and a labor market holding steady. Saraiva emphasized how uncertainty, particularly tied to trade tensions and tariffs, continues to weigh on decision-making. She added that businesses and consumers “are kind of waiting to see how this tariff fight plays out.” The Beige Book mentioned tariffs…
Glauber Contessoto rose to crypto fame in 2021 when he became what was believed to be the first “Dogecoin Millionaire”—a title he wore proudly. Now, four years later, he’s claimed the title of “Pepe Millionaire,” while his DOGE stash has dipped slightly below that milestone level. Across six wallets shared and verified with Decrypt, Contessoto now owns approximately $1.116 million of the Ethereum meme coin PEPE. This is in addition to his Dogecoin stash that he has become famous for. Contessoto claims to own “a little bit over” 5 million DOGE which would put him in the ballpark of $920,000…
Attention, Zilliqa (ZIL) holders and users of the Bithumb crypto exchange! An important announcement has been made that requires your immediate attention. If you hold or transact ZIL on Bithumb, mark your calendars, as temporary service disruptions are coming. Bithumb Temporarily Halts Zilliqa Transactions: What You Need to Know Leading South Korean crypto exchange, Bithumb, has officially announced a temporary suspension of Zilliqa (ZIL) deposits and withdrawals. This necessary measure is scheduled to take place on June 2 at 02:00 UTC. The reason behind this temporary halt is twofold: a planned Zilliqa network upgrade and essential server updates by the…
BNB Chain integration with Near Intents enables instant cross-chain swaps with no bridging, slippage, or waiting time. Near is expanding Web3 by combining AI roles, smart contracts, and fast-track support for decentralized AI agent development. Not every day in the crypto world brings news that feels truly practical. But the latest integration between BNB Chain and NEAR Intents seems to fall into the category of making users smile. Now, users can exchange assets such as BNB, ETH, BTC, SOL, and ZEC directly on NEAR—no bridges, no waiting, and most importantly, no slippage. The process is fast, efficient, and hassle-free. It…
Peter Brandt, a respected figure in the trading community, recently warned that Bitcoin could face a dramatic price drop, drawing comparisons to its 2022 chart setup. His remarks come at a time when. Bitcoin has seen a notable 1.87% price increase in the last 24 hours and a 3.61% rise over the past week, now priced at $109,192. Despite the positive momentum, Brandt’s technical analysis suggests the market could be gearing up for a major reversal. Bearish Reversal Concerns According to Brandt, the current setup mirrors the 2022 scenario, where Bitcoin underwent a substantial decline. He points out the presence…
U.S.-based blockchain firm BTCS Inc. has increased its Ethereum holdings with the acquisition of 1,000 more Ether tokens worth $2.63 million via Crypto.com. BTCS Inc., a Nasdaq-listed blockchain company betting big on Ethereum (ETH), added another 1,000 ETH to its holdings through the cryptocurrency exchange Crypto.com. The purchase brings the company’s total ETH balance to 13,500. Having held 9,063 ETH at the end of the first quarter, the purchase means its growth in Q2 now stands at approximately 50%, BTCS Inc. said in an announcement on June 2, 2025. This expansion goes beyond a simple bet on the top altcoin…
Coinbase (COIN) has surged 29.98% to $259.17 in the last 30 days. Contributing to the positive run, there have been revelations that Kevin Hassett, President Trump’s National Economic Council director, holds a substantial stake in the cryptocurrency exchange worth between $1-5 million. Trump’s Economic Official Reveals Coinbase Stake Hassett has disclosed holding Coinbase shares worth between $1 million and $5 million according to his federal financial disclosure released by the Office of Government Ethics. The vested stock position stems from Hassett’s advisory role with the cryptocurrency exchange before joining the Trump administration in January. Hassett’s financial disclosure shows total assets…
In a fresh reshuffling of crypto market rankings, Stellar (XLM) has surpassed Bitcoin Cash (BCH) in market capitalization. According to current market data, Stellar now has a larger market capitalization than Bitcoin hard fork, Bitcoin Cash. Stellar (XLM) is now the 16th largest cryptocurrency, with a market value of $8.4 billion, while Bitcoin Cash (BCH) is the 17th largest, with a market capitalization of $8.25 billion, according to CoinMarketCap data. In positive news for Stellar (XLM), Nasdaq has reconstituted the Nasdaq Crypto U.S. Settlement Price Index, which currently serves as the benchmark index for the Hashdex Nasdaq Crypto Index U.S.…
India is reportedly set to drop a major discussion paper in June on crypto regulation. For a country that has hobbled between hardline tax moves and regulatory silence, this looks like a big shift. It is also a major signal that the government is warming up to the sector as industry prints fresh all-time highs (ATH). US President Donald Trump’s bold pro-crypto stance and the ongoing tariff tussle have led the global digital asset market to print green indexes. Bitcoin, the biggest crypto, smashed its new ATH of over $111,900 on May 22 before retracing back to the $105K levels.…
The prime brokerage firm Hidden Road has launched crypto swap services for U.S. clients as it awaits regulatory approval for its $1.25 billion acquisition by Ripple. Prime broker Hidden Road has launched crypto swaps prime brokerage services for institutional clients in the United States, expanding access to over-the-counter cash-settled swaps across leading cryptocurrencies. The new product is provided by Hidden Road’s British arm, Hidden Road Partners CIV UK Ltd., which is regulated by the Financial Conduct Authority. With the latest upgrade, U.S.-based institutions will now be able to execute OTC swaps in a market that the company says has been…