Author: NBTC
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…
Cathie Wood’s Ark Invest bets big on emerging health-tech leader, Tempus AI, with latest multi-million dollar investment. Cathie Wood, the CEO and co-founder of investment firm Ark Invest renowned for her proactive approach to asset maneuvers, is currently diversifying her portfolio with fresh acquisitions. This time, Wood’s focus is turned to the native stock of the health artificial intelligence firm Tempus AI, TEM. On May 28, 2025, Wood’s Ark funds acquired 251,080 TEM, valued at approximately $13.9 million based on the stock’s closing price as of May 30. The purchase followed a short-term dip in Tempus AI’s share price, echoing…
Cardano, the 10th-largest cryptocurrency by market capitalization, has recently scored a significant milestone that could boost its Wall Street exposure. Cardanians, a Cardano-focused X community account, spotlights this milestone in a recent tweet. 🇺🇸 BREAKING:Nasdaq has officially reconstituted its Crypto US Settlement Price Index (NCIUS) to include Cardano $ADA.This index serves as the benchmark for the Hashdex Crypto ETF.This is a major step forward in bringing Cardano closer to Wall Street and traditional markets. pic.twitter.com/SHxEiKAjub — Cardanians (CRDN) (@Cardanians_io) June 7, 2025 Nasdaq has reconstituted the Nasdaq Crypto U.S. Settlement Price Index (the “NCIUS”), which currently serves as the benchmark…
The U.S. Securities and Exchange Commission (SEC) has requested the dismissal of its high-profile lawsuit against global crypto exchange Binance and its co-founder Changpeng “CZ” Zhao, signaling a potentially significant turn in the agency’s crypto enforcement era. In a joint motion filed on May 29 in a Washington, D.C., federal court, the SEC, alongside Binance and Zhao, formally asked for the case—initially launched in June 2023, to be terminated “with prejudice,” a legal stipulation that would prevent the same lawsuit from being refiled. 🚨 SEC AND BINANCE FILE JOINT STIPULATION TO DISMISS THE ENFORCEMENT CASEENDING THE AGENCY’S LITIGATION AGAINST THE…
Crypto gaming on Avalanche is gaining steam thanks to high-profile launches like Off the Grid and MapleStory N. Now, the blockchain’s gaming ecosystem has its own NFT pass to connect games and reward players for diving into them. Launched on Monday, the free Avalanche Battle Pass is a free-to-mint NFT available via the Magic Eden marketplace, created in collaboration with Ava Labs and Playfull. Once the pass is minted, users can register it at the Playfull website and then make progress by playing partnered games. As they fill out more spaces on the rewards path, they’ll earn rewards like in-game NFTs and even…
Exciting news is rippling through the crypto community! Bybit, one of the world’s leading cryptocurrency exchanges, has officially announced the highly anticipated Bybit AO listing on its robust spot trading platform. This development marks a significant opportunity for traders looking to access the AO token. When Does the Bybit AO Listing Go Live? Mark your calendars! According to the official announcement from Bybit, trading for the AO token is scheduled to commence on May 28th at 10:00 AM UTC. This is the moment when traders will be able to buy, sell, and trade AO against other cryptocurrencies on Bybit’s spot…
As blockchain technology continues to reshape global finance, a new frontier is emerging: tokenized real estate. Mogul Club (stylized as mogul Club)—a platform founded by former Goldman Sachs real estate professionals—is taking a bold step in that direction with the launch of Clubs, on-chain, community-powered investment groups designed to democratize access to premium, income-generating properties. One of the first major collaborations? A partnership with Ava Labs to launch the Avalanche Club, a real estate syndication initiative built for the Web3 community. Through this alliance, developers and users in the Avalanche ecosystem can now pool resources and invest in institutional-grade properties…
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Let’s say a “generation” is about 30 years. In that case, Bitcoin has just entered the second half of its first one. Whether Bitcoin is on track to ubiquity faster than electricity really depends on your mental model of Bitcoin itself. There’s no question that bitcoin is money. But anecdotally, few people want to spend it, lest they risk missing out on monumental future fortunes. Of course, it wasn’t always this way. In February 2012 — almost two years after Laszlo’s pizzas — a fertility doctor…
Holding onto the momentum it developed following its recent recovery, Ethereum has been bouncing around its major moving averages for weeks. ETH is clinging to the upper end of a narrow consolidation channel while simultaneously testing its 200 EMA. Although the asset has been displaying short-term indications of mild bullishness, volume is declining, and the overall situation with Ethereum is quite dire. However, there is a new development: a filing by SharpLink Gaming with the SEC. According to the filing, the $18 million market-cap company SharpLink Gaming intends to purchase $1 billion worth of Ethereum for its treasury. That is…
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…