Author: NBTC

IG Group is the first publicly listed company in the UK to let people buy, sell, and hold cryptocurrencies directly on its trading platform. The company’s decision allows the everyday investor to easily trade digital assets on a more transparent and regulated platform than many crypto exchanges. However, critics say the venture could expose people to more risks than wins because digital assets have unstable prices and don’t include investor protections. This begs the question of whether IG Group’s launch will make UK finance available to more people and encourage the safe use of the assets or whether it will…

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The U.S. digital asset stockpile debate often leans toward prioritizing domestically developed cryptocurrencies, but Jerry Fragiskatos, former Cardano executive, cautions against this limited perspective. COO Warns Against Geographically Narrow Focus The discussion surrounding the United States’ digital asset stockpile often gravitates toward a natural instinct: favoring cryptocurrencies developed within its own borders. However, as Jerry Fragiskatos, former chief commercial officer (COO) for Cardano and now at Apex Fusion, recently articulated, such a geographically narrow focus risks overlooking superior technology and the fundamentally global nature of blockchain. Fragiskatos believes this is particularly pertinent as the Trump administration actively shapes its approach…

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What started as a simple daily habit has officially grown into a million-dollar Bitcoin portfolio, after several years of quiet, consistent accumulation. According to data recently shared on social media platform X (formerly Twitter), an anonymous investor who purchased $30 worth of Bitcoin (BTC) every single day for the past 7 years, 10 months, and 12 days has recently joined the BTC millionaires’ club. pic.twitter.com/MfKQGuceYx This user been buying bitcoin $30 a day DCA and after 7 years, 10 months and 12 days, made it to $1M portfolio.Total spent $86,370 which now worth $1M — lynk (@lynk0x) June 11, 2025…

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Ethena’s recent spike in collateralized supply raises significant questions about Aave’s borrowing demand and the potential impact on AAVE’s future performance. Ethena PT’s appeal is drawing DeFi capital due to its remarkable yields, directly challenging Aave’s traditional lending model. Signs of weakness in AAVE prices indicate a fading bullish momentum amidst rising competition. Ethena [ENA] Principal Tokens (PT), part of Ethena Labs’ innovative yield-bearing stablecoin system, have surpassed $1 billion in collateralized supply in just one month. This impressive growth aligns with their recent approval as collateral on Aave, effectively enhancing Ethena’s utility within the DeFi lending landscape. For those…

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Solsniper has announced the closure of its NFT marketplace effective immediately. The company cited its inability to sustainably operate the platform over the past year. The company will automatically delist all NFTs from Sniper Marketplace, remove existing bids, and refund bid and order balances to user wallets by June 13, 2025, 12PM PST. Users require no action, as the process will be handled automatically. However, support tickets can be submitted through Discord for any issues that may arise. The platform began as an analytics tool for NFT traders and expanded over 3.5 years to include a mobile application, NFT aggregator,…

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On-chain data provider Glassnode has released a report on the second most popular cryptocurrency Ethereum and its bullish prospects after ETH’s recent breakout after moving within a range for a month. Ethereum breaks out, soaring 13.5% This week, Ethereum has demonstrated an impressive growth of more than 13.5%, soaring from $2,481 to the $2,818 level. Over the past 24 hours, however, ETH has rebounded by 2.16% and at press-time is changing hands at $2,765 per coin. #Ethereum just broke out of a month-long range. Cost Basis Distribution shows 1.3M $ETH held around $2.70K and $2.74K, and 800K #ETH at $2.76K.…

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This is a segment from the Empire newsletter. To read full editions, subscribe. We talked a whole lot about Circle last week, and I’ve already mentioned that the success of the IPO opened up doors for other firms (take a look at Gemini, for example, which announced it confidentially filed an S-1 with the SEC earlier this year). But while there’s a ton of appetite on the public markets, the question has to be asked: Who’s actually ready to premiere on a public stage? Dragonfly’s Rob Hadick poured some cold water on the hopes and dreams of a crypto IPO…

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Stablecoin-focused blockchain Plasma raised its deposit cap to $1 billion early Thursday — and hit that limit within 30 minutes. The new cap marks a doubling from the prior $500 million ceiling, which had itself been raised just days earlier following a community-driven outcry over bot activity and rapid sellout times. Plasma said the short-notice announcement was designed to give real users, such as those active in its Discord, a fairer shot at joining. But it’s not a token sale just yet. “Deposits are not the sale itself,” Plasma clarified in a post. “All funds remain fully owned by depositors…

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The directive, which is expected to be approved and implemented by January 2026, will enable authorities in Spain to exchange data on cryptocurrency assets held on international exchanges. Similarly, the Spanish tax agency will be able to seize these assets to collect payment for tax debts. Spain Introduces Law to Strengthen Cryptocurrency Tax Oversight Spain is preparing to follow European directives that increase the level of oversight on its citizens’ cryptocurrency holdings. According to local media, the government introduced a law forcing virtual asset service providers to report transaction data and the holdings of their users. As part of the…

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Binance Futures has announced the launch of a new USDⓈ-margined perpetual contract for LA/USDT, set to go live on June 5, 2025 at 12:00 UTC. The move is part of Binance’s efforts to diversify trading options and enhance user experience on its futures platform. Binance Futures to Launch LA/USDT Perpetual Contract with Up to 50x Leverage on June 5 Basic Details of LA/USDT Perpetual Contract Launch Time: June 5, 2025, 12:00 Leverage: up to 50x Collateral Type: USDⓈ-Margined (settled in USDT) Funding Rate Cap: Initially ±2.00% Funding Interval: Every 4 hours The contract will also be available for Futures Copy…

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