Author: NBTC

Tether’s USDT, worth over $155 billion, has commanded a near-monopoly over the stablecoin market for nearly a decade. Earning $13 billion in profit last year, the most transaction volume of any crypto asset — including BTC itself — and benefiting from its asset manager joining the presidential cabinet of Donald Trump, many people doubted any stablecoin could ever compete. However, for the first time in history, the world’s largest stablecoin issuer is reckoning with serious competition in the form of Circle. Circle has advanced its USDC remarkably this year, and Protos has compiled data on three metrics by which it…

IOTA Identity is reported to be mainnet-ready, equipped with a unified and modular architecture, etc. It is also said to combine W3C standards with MovEM for authentication and verification. IOTA has announced that the much-anticipated IOTA Identity is finally ready for the mainnet, with its v1.6-beta currently live. According to the post detailing this development, this new initiative has a unified and modular architecture and a new CoreClient interface. Basically, this is reported to align with the “transactions API across Rust and WASM.” Also, there is a capable multi-control and delegation support. No custom Move calls are required for this…

Jamie Dimon, CEO of JPMorgan Chase, one of the leading banks in the USA, made remarkable statements in his speech at the first Reagan National Economic Forum held in California. Dimon said the United States should stockpile weapons, ammunition and drones instead of Bitcoin. Dimon said in his speech, “We should stockpile weapons, bullets, fighter jets, drones and rare earth elements. We all know we need to do this and there is no debate about it.” Dimon’s words were interpreted as an indirect reference to the presidential decree signed by Trump in March, which foresaw the creation of a Bitcoin…

After bouncing from a weak low at $2,200 earlier this week, the Ethereum price today is trading near $2,485, recovering sharply from recent losses. The recovery has been technically clean, with ETH reclaiming key EMAs and invalidating a recent bearish break of structure (BOS). However, price is now approaching the lower bound of a stubborn supply zone between $2,500 and $2,600 — an area that previously triggered multiple sell-offs. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) Recent Ethereum price action has been marked by a sharp recovery from the $2,200–$2,240 liquidity block. The daily chart shows ETH…

In a move that’s sending ripples through the crypto and AI communities, Imagen Network, a platform focused on decentralized social experiences powered by artificial intelligence, has just announced a monumental investment. The company is committing a substantial $43 million specifically towards the development and launch of a comprehensive suite of AI-based social tools. And where will these innovative tools call home? Exclusively on the Solana blockchain. Imagen Network’s Bold $43 Million Commitment This significant capital injection, confirmed via a press release on Newsfile, underscores Imagen Network’s serious intent to become a major player in the evolving landscape of decentralized social…

Paris Saint-Germain’s Fan Token (PSG) is seeing a surge in capital inflows ahead of this year’s Champions League final. Specifically, the cryptocurrency’s market cap has jumped 60.94%, climbing from $16 million on April 27 to $25.75 million as of press time on May 27, an increase of $9.75 million. At the same time, the token’s price has experienced a significant boost, rising over 35% in the past month and trading at $2.80 at the time of reporting. The rally began gaining momentum after PSG eliminated Arsenal in the UCL semi-finals to secure their spot in the 2025 UEFA Champions League…

United States Senator Cynthia Lummis made a striking statement in an interview with Bloomberg, saying that the US military supports the strategic purchase plan of 1 million Bitcoins. Lummis stated that the US is in an economic war with China and argued that digital assets can play a strategic role in this war. “Guns, bullets, drones, planes… Yes, they are all necessary. But economic warfare is also serious. And we need to be prepared for that,” said Lummis, adding that Bitcoin should be a part of this preparation. The senator noted that some US generals, especially in Southeast Asia, think…

While the leading cryptocurrency Bitcoin (BTC) rose above $108,000 today, investors do not believe that this rise is real. At this point, cryptocurrency analysis platform Santiment said that the data also points to a decline expectation in Bitcoin. Santiment analyzed the latest situation in Bitcoin and Ethereum (ETH). He said that BTC recorded a negative funding rate while Ethereum recorded positive rates. Stating that BTC and ETH are showing opposite trends, Santiment said that short positions in Bitcoin and long positions in Ethereum are increasing. Stating that the recent recovery in Bitcoin has led investors to short positions, Santiment argued…

Jump Crypto, the trading and venture arm of multi‑billion‑dollar firm Jump Trading that played a central role in underpinning Terra’s roughly $40 billion stablecoin ecosystem, has reintroduced itself and is apparently ready to build again. More than a year after stepping out of the spotlight amid lawsuits and settlements, the firm resurfaced this week with a new post on X. “@jump_ is re-introducing itself: the builders behind some of the most ambitious projects in crypto. We are transforming real-world constraints into open-source, decentralized infrastructure and inviting builders and policymakers to shape the future of financial markets with us,” the firm wrote…

An unofficial Solana meme coin dedicated to the Labubu toy range has skyrocketed 5,934% over the past two weeks to a $49.16 million market cap. The meme coin gained momentum after the dolls went mega viral. So viral, in fact, that stores have had to pull them from shelves to prevent customers fighting over the cute collectibles. The Labubu (LABUBU) meme coin was created via Pump.fun in October 2024, initially spiking to a $10 million market cap before retracing, bouncing back to $18.5 million, and subsequently falling below $1 million—where it remained for months. According to DEX Screener, the LABUBU…