Author: NBTC
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. I’m old enough to remember when, just a few months ago, the Trump administration talked about cutting deficits to 3% of GDP. Ever since the Liberation Day pivot, however, the Trump administration has 180’d on its goals and is now pushing a new way to manage the US debt situation: Run it hot. Oftentimes, the zeitgeist of a moment can easily be encapsulated by a meme: Last week, Treasury Secretary Scott Bessent hinted at this pivot in a CNN interview: “There is the potential growth of…
More than 3,000 investors have registered for Dubai’s flagship real estate tokenization program. Mahmoud AlBurai, a senior executive at the Dubai Land Department (DLD), disclosed this in a post on LinkedIn. According to AlBurai, the massive number of participants who have joined the waitlist highlights their interest in the project. The real estate tokenization project is the first in the Middle East and North Africa (MENA) region. With the pilot launched on March 16, the DLD partnered with Prypco Mint and Ctrl Alt to tokenize ownership deeds of real estate properties owned by the government. The department now plans to…
Bitcoin Well Inc. (TSXV: BTCW; OTCQB: BCNWF) has launched an integration with Nostr, allowing US customers to buy bitcoin directly through direct messages on the decentralized social protocol, according to a press release sent to Bitcoin Magazine. Users can link their Nostr identifier (npub) to their Bitcoin Well account and purchase bitcoin by sending specific commands via direct message. The transactions draw from the user’s Cash Balance and send the purchased bitcoin to their existing Lightning Wallet for security. Nostr is a decentralized social media protocol which is censorship resistant and runs on a network of relays, rather than centralized…
On-chain asset management leader Maple has officially unified all of its institutional and permissionless offerings this week under a single brand. This rebrand marks a major evolution for the platform as it crosses $1.6 billion in assets under management (AUM) and more than $7 billion in loan originations.—The consolidation includes Syrup, Maple’s permissionless arm, which will no longer operate as a standalone protocol. Its flagship product, syrupUSDC, will now be fully integrated and branded as Maple’s permissionless yield-bearing product—accessible globally (excluding U.S. users).One Brand. One Platform. Full Access.The unified Maple platform now includes:syrupUSDC → Now Maple’s core permissionless product, open…
Trader turned $7.6K into $1.4M by holding 16.4M Moonpig tokens without selling any. Wallet created in April spent $1M on TRUMP before converting $7.6K to Moonpig. No red flags on wallet though one linked address showed more sales than purchases. A crypto wallet labeled “4ZYMA…nSD” has recorded an unrealized gain of over $1.4 million from a single trade involving Moonpig (MOONPIG) tokens. The trade began with an investment of $7,619 on May 2 and was confirmed by on-chain tracking platforms Lookonchain and GMGN. The trading activity began on April 5 when the wallet was created. On the same day, the…
Bitcoin eyes $135K all-time high, but losing key support may trigger sharp drop to $100k. According to CrypNuevo, breaking $112K-$114K liquidation zone could trigger Bitcoin’s surge to $115K. Meanwhile, short-term pressure near $105,700 suggests possible dip and retest of $106K support. Bitcoin may be on the edge of a breakout, as the highly anticipated Bitcoin 2025 Conference kicks off May 27 in Las Vegas. While traders set their sights on a potential all-time high near $135,000, one critical support level could decide everything. Analyst CrypNuevo warns that if Bitcoin loses this zone, a sharp drop to the $100K mark might…
“Missionaries build better products.” — Jeff Bezos Q: Do we need a new internet? The business model that populated the world wide web with information was straightforward: create content, attract traffic, sell ads. Now, however, you can often get better, aggregated information from a large language model, which sends a bot to visit those same websites on your behalf. Soon, most traffic on the web will be bots and therefore impervious to ads (and tragically uninterested in subscribing to newsletters). This might break the web’s business model: The best search results now come from AI language models, but those AIs…
Bitcoin Layer 2 blockchain solution Stacks announced on May 24 the resumption of block production after resolving issues related to “misbehavior stemming from the stacks-node’s mempool syncing logic.” Stacks Warns of ‘Occasional Degradation’ in Block Production On May 24, the Bitcoin Layer 2 blockchain solution Stacks announced the resumption of block production after it addressed “misbehavior stemming in the stacks-node’s mempool syncing logic.” It advised all node operators, particularly miners and signers, to upgrade their nodes to release 3.1.0.0.11. However, in an update shared via X, the Layer 2 solution warned of further “occasional degradation” in block production until all…
Strive closed a $750 million private investment in public equity (PIPE) round, with an option to increase the financing by another $750 million if the warrants are exercised. This capital will fund Strive’s initial wave of bitcoin BTC$110,492.32 buys as the firm builds its bitcoin treasury. The Vivek Ramaswamy-founded firm will deploy alpha-generating strategies aimed at outperforming bitcoin. CEO Matt Cole emphasized that Strive’s approach demands a new valuation framework. This strategy is driven by acquisitions of undervalued biotech firms, distressed bitcoin claims—including Mt. Gox claims via a partnership with 117 Partners LLC—and discounted tranches of structured bitcoin credit. Last…
Brazil’s central bank reportedly believes that the US dollar will maintain its position as the world’s leading currency over the next decade. According to Reuters, the central bank’s monetary policy director, Nilton David, says that the financial institution does not expect the BRICS group of emerging nations to create markets large enough to topple the US dollar’s dominance within 10 years. David says that BRICS-denominated assets currently do not have meaningful stock to offset the US dollar. “I don’t think that will change over the coming decade.” He says that alternative settlement tools may gain traction and even improve bilateral…