Author: NBTC
Financial markets are reacting to surging anticipation for Grand Theft Auto 6 (GTA 6), as Take-Two Interactive (TTWO) stock and associated crypto gaming tokens registered gains today. This market activity intensified following a viral May 6, 2025, social media post by Cookie DAO, which spotlighted the 13-year timeframe since the last GTA installment and sparked wider financial discussions. GTA 6? 13 years.You? 13 days to flip the script if you’re running on data. pic.twitter.com/ihnMFq1t3o — Cookie DAO 🍪 (@cookiedotfun) May 6, 2025 Take-Two Interactive, the parent company of GTA developer Rockstar Games, saw its stock climb 1.2% in pre-market trading…
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of $31 million, driven by increased self-mining operations. Gross mining margins rose to 30%, up from 24% in Q4 2024, yielding $6.3 million in gross profit. Operating expenses climbed to $9 million due to global scaling efforts. The company mined 350 bitcoin (BTC) during the quarter,…
SoonChain, A layer 2 blockchain platform, has announced its strategic partnership with SKOR, a gaming ecosystem that helps web3 games. This partnership aims to build a more interactive and reliable Web3 world, where both platforms will utilize their expertise to elevate AI games. 🟦 Strategic Partnership Announcement 🟦We’re excited to announce a game changing partnership between @soonchain_ai and @theskorai joining forces to shape the future of AI-powered gaming, social interaction and 3D live streaming in Web3.🥳🍀 This collaboration combines… pic.twitter.com/jQeiuAEBac — SoonChain 🟦 Testnet🔛 (@soonchain_ai) May 6, 2025 Through this strategic collaboration, both FinTech platforms will provide a suitable and…
Bitcoin, the first and largest cryptocurrency by market capitalization, recently surpassed $95,000 as the market reclaimed key levels. Bitcoin advanced above $90,000 for the first time since early March, reaching highs of $95,976 on April 25 in a seven-day rally. Amid the recent rise, BTC fundamentals have turned bullish, according to crypto analyst Willy Woo, which might be a good setup for the cryptocurrency to reach new highs. Woo stated in a recent tweet that capital flows into the network are increasing, but total and speculative flows have bottomed. The analyst indicated that when both align, they combine to create…
Since April 2025, investors have poured $47.4 billion into U.S.-focused ETFs, making them the leading category by inflows. This makes U.S. ETFs the leader by inflows, according to the latest market data. Equity ETFs followed with $40.3 billion, while active strategies brought in $24.2 billion. Meanwhile, fixed income ETFs attracted $15.7 billion, and leveraged funds gained $7.6 billion. U.S. ETF Flows Surge Past $47B Since April. Source: Bloomberg Intelligence US and Tech ETFs Dominate Recent Capital Flows While U.S.-focused funds surged, international ETFs (excluding the U.S.) pulled in $10.9 billion. China-focused ETFs saw $4.2 billion in outflows, and Europe-focused funds…
In early April 2023, Elon Musk amazed the crypto community when they saw a Dogecoin mascot (the image of the famous meme Shiba Inu dog Kabosu) instead of the habitual blue bird on Twitter when the tech mogul only started rebranding the social network as X. This Twitter logo change took place on April 3. DOGE briefly replaced Twitter’s blue bird logo Elon Musk is known to be one of the biggest Dogecoin supporters, who has often touted this meme cryptocurrency in his tweets long before he acquired Twitter for $44 billion. On that news, the original meme cryptocurrency skyrocketed…
Two major crypto policy efforts in the United States hit roadblocks last week, revealing a growing divide in how digital assets should be integrated into government operations. In Arizona, Governor Katie Hobbs vetoed a bill that would have allowed the state to hold Bitcoin in its reserves, calling the plan financially risky. Meanwhile, in Washington, a group of Senate Democrats who once supported a federal stablecoin framework have now withdrawn their backing, saying the proposed bill lacks sufficient safeguards. Democratic Dissent Threatens Progress on Landmark US Stablecoin Bill A coalition of Senate Democrats with a history of supporting the crypto…
Digital bank Revolut is working with Lightspark to roll out bitcoin (BTC) transactions on Lightning Network to customers in the U.K. and select countries in the European Economic Area (EEA). The feature aims to cut transaction fees and payments processing time for crypto users, Lightspark said in a blog post. When asked in an email, the company didn’t specify the timeline for when the feature will go live. Lightspark, led by former PayPal executive David Marcus, provides backend infrastructure for connecting to what it calls the “Money Grid” — a decentralized network for real-time global payments. The Lightning Network is…
Several bitcoiners are concerned about the direction bitcoin adoption has taken and how institutions are now dominating the narrative. This new breed of users, the “suitcoiners,” does not share the same vision as the crypto founding fathers. ‘Suitcoiners Are Not Led by Libertarian or Cypherpunk Ideologies’ Since its inception in 2009, when bitcoin was developed to address the deficiencies in the current fiat system, the narrative behind its main adoption drive has shifted several times. On social media, bitcoiners have expressed their worries about how the institutionalization of the space, driven by Wall Street, is changing the ideas behind crypto,…
U.S. President Donald Trump’s meme coin and other crypto businesses create “pathways” for corruption, according to short-lived White House Communications Director and founder of SkyBridge Capital, Anthony Scaramucci. Speaking at the Financial Times Digital Asset Summit, Scaramucci argued that the Trump family’s involvement with crypto—which includes the president’s Solana meme coin, World Liberty Financial, a Trump Media tie-up with Crypto.com, and more—serves as a “distraction” that’s standing in the way of bipartisan consensus around crypto. “Let’s give them all the benefit of the doubt,” Scaramucci said of the Trumps and their crypto dealings. “But I do think that there’s pathways…