Author: NBTC
Popular Bitcoin critic and gold advocate Peter Schiff, in an X post on Wednesday, has raised serious concerns about the new Bitcoin acquisition bill issued by Senator Cynthia Lummis. While Peter Schiff still holds firm in his belief that Bitcoin poses major risks to the global economy, the Bitcoin critic has expressed strong displeasure about the Fed-backed Bitcoin plan. Americans are at risk, says Schiff The bill, which has received notable backing, proposes that the U.S. government expand its Bitcoin holdings with hundreds of billions of dollars from the Federal Reserve. While the move positions the price of the leading…
Maple Finance is officially live on Solana. Backed by Chainlink, Kamino, and Orca, this move brings Maple’s high-yield, liquid stablecoin—syrupUSDC—to one of crypto’s fastest-growing blockchains, unlocking powerful new credit infrastructure for institutional and DeFi-native users alike.—The Solana rollout introduces $30M in liquidity and $500K in launch incentives to jumpstart activity across Solana-native protocols. syrupUSDC is now available on Kamino and Orca, enabling users to earn real yield, deploy capital in looping strategies, and unlock collateralized lending opportunities at scale. The Global Dollar Network (GDN) supports the deployment with USDG as a key supply asset.“Expanding to Solana unlocks a high-speed, high-capacity…
Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song a day over the past 17 years and released his 6,000th song on June 5, which was about the purported nightmare resulting from the sale. In 2022, he sold 4,000 songs worth 13 years of work within 60 minutes for a total of roughly $3 million in Ethereum. He retained the earnings in Ethereum instead of converting to dollars. However, a week later, market price slipped below $3,000, shrinking…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Ether ETH$2,641.68 appears poised to surpass the $3,000 mark as it forms an “ascending triangle” pattern on the price chart. The ascending triangle is characterized by horizontal upper-bound resistance or supply point that repeatedly caps gains and an upward-sloping support line. Ether has faced resistance at $2,735 multiple times over the past two weeks, while subsequent reaction lows have been rising. The price action represents an ascending triangle. The higher lows indicate that buying pressure is rising, which is what gives the ascending triangle its…
As the race to modernize global finance intensifies, stablecoins have emerged as the main point of digital asset regulation and adoption. With rising instability in traditional monetary systems and increasing pressure to create inclusive digital economies, policymakers and industry leaders are seeing stablecoins as major instruments for the next phase of financial evolution. Speaking on the “Crypto, Stablecoins & the Future of Finance” podcast, Lily Liu, president of the Solana Foundation, discussed the widening gap between growing retail crypto interest and the lack of institutional infrastructure in emerging markets. Liu emphasized that stablecoins are already offering alternatives to inflation-impacted local…
Berachain integrates BTC stable pools and lending vaults to reinforce its Proof-of-Liquidity economy. New flywheel and perpetual yield strategies create deeper on-chain utility and validator rewards. Berachain has made another surprise with the ninth batch of its Reward for Reward Vaults (RFRV) program. For those who are not familiar, RFRV is a kind of incentive distribution channel specifically designed to encourage innovation in the Proof-of-Liquidity (PoL) ecosystem. Well, in this batch, there are three main things that are in the spotlight: the BTC stablecoin pool, the flywheel of loan tokens, and the perpetual contract-based yield strategy. These three moves are…
Despite a drop in trading volumes, Luxembourg authorities warn that crypto exchanges remain a significant money laundering concern due to their online operations and international reach. Crypto exchanges continue to carry high risks of money laundering, according to Luxembourg’s latest National Risk Assessment, which warns that the risks remain elevated despite a drop in transaction volumes over the past two years. In the 2025 report, Luxembourg writes that the inherent risk of crypto businesses remains “high,” with the main drivers being “volume of clients/transactions and distribution channels, followed by size, ownership/legal structure, products/activities and the international nature of the business.”…
It’s tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It’s a lot to follow. Luckily, we’re plugged in at Decrypt’s GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories Bonk Arena launches: Solana meme coin Bonk has launched its first official video game, Bonk…
CETUS, the Sui and Aptos-based decentralized exchange (DEX), has resumed operations one month after it experienced a massive hack. According to reports, the platform recovered $162 million of stolen funds and received a $30 million loan from the Sui Foundation to boost the return. CETUS IS BACK! 🌊🌊🌊🐳 pic.twitter.com/tyQ50VkEeg — Cetus🐳 (@CetusProtocol) June 8, 2025 A Mixed Relaunch: High Volume Meets User Complaints Besides resuming regular operations, CETUS embarked on a compensation program to repay users affected by the recent hack. One such user responding to the crypto platform’s post on X reported receiving 86% of his SUI holding from…
Bitcoin BTC$105,578.62 mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased participation by miners that makes the blockchain more secure.The adjustment is likely to finalize within the next 100 blocks, with projections showing the measure will rise about 4% to 126.95 trillion (T), eclipsing the current 123 T record. Difficulty was 109 T at the start of the year, according to Coinwarz. The increase reflects growing long-term confidence in bitcoin’s value, even as on-chain activity and transaction fees remain low. Difficulty is adjusted every 2,016 blocks, and is driven…