Author: NBTC
Bitcoin supporters are backing Elon Musk after he called Donald Trump’s new tax-cut and spending bill a road to “debt slavery,” and hinted that he would support bitcoin (BTC) as a US reserve currency. The so-called “One Big Beautiful Bill Act” will reportedly add $2.4 trillion worth of debt to the US’ already $36.2 trillion in liabilities. It will also make $3.75 trillion in tax cuts, and will apparently leave 7.8 million people without access to health insurance thanks to a $1.3 trillion reduction in federal spending. On Wednesday, Musk launched an angry tirade against the bill and the debt…
Orbs has integrated its Perpetual Hub with PriveX, enhancing privacy-focused perpetual futures trading on COTI’s network. This partnership aims to deliver sophisticated trading capabilities, deep liquidity, and robust transaction confidentiality for decentralized exchange users. Orbs, a prominent Layer-3 infrastructure provider, has officially announced its integration with PriveX. PriveX is a decentralized exchange (DEX) specializing in privacy-focused perpetual futures trading on the COTI network. With this partnership, users engaged in decentralized perpetual trading will enjoy significantly enhanced trading efficiency, liquidity, and privacy. How the partnership will Enhance User Experience and Privacy The integration of Orbs’ omnichain Perpetual Hub into PriveX introduces…
On June 20, a key on-chain metric tracking the behavior of ETH’s long-term holders (LTHs) closed at its all-time high, signaling mounting selling pressure from this cohort. This comes at a time when broader market momentum has cooled significantly. With demand for ETH weakening and investors largely sidelined amid a persistent market lull, bearish sentiment is growing. Ethereum Liveliness Hits Record High According to Glassnode, ETH’s Liveliness spiked to an all-time high of 0.69 during Friday’s trading session. This metric tracks the movement of long-held/dormant tokens. It does this by measuring the ratio of an asset’s coin days destroyed to…
Circle stock price has gone parabolic after its highly successful initial public offering earlier this month. Circle, trading under the ticker symbol CRCL, jumped to a record high of $298, bringing its market capitalization to $58 billion, slightly below the USD Coin (USDC) valuation of $61 billion. The surge in Circle stock has been driven by ongoing stablecoin hype, with more companies exploring launches of their own. Top U.S. banks are reportedly in talks to develop a stablecoin, while major retailers like Amazon and Walmart are also working on digital dollar products. Meanwhile, Fiserv, a $94 billion company, is developing…
On May 28, Hyperscale Data subsidiary Ault Capital Group (ACG) announced plans to add XRP to its balance sheet. According to the announcement, ACG plans to purchase $10 million worth of XRP by the end of this year to support its expansion into financial services. ACG later announced plans to launch an XRP lending platform for NYSE-listed companies. The lending initiative, scheduled to launch in Q3 2025, will be backed by ACG’s XRP reserves. On May 28 VivoPower International revealed its transformation into the world’s first XRP-focused enterprise. VivoPower will dedicate a significant portion of its $121 million funding round…
Binance, a leading global platform, takes a decisive step in transparency by introducing two new features: Blocked Addresses and Concentration Indicator. These tools are designed to offer users a clearer view of the distribution of tokens and the potential risks of volatility, thus strengthening confidence and security in trading operations. Why is transparency crucial in the crypto world? The news from Binance The key question: how distributed is the token? The objective: inform, educate, empower Why is transparency crucial in the crypto world? The news from Binance The tokenomics of crypto projects can be complex, often not easily accessible even…
Polemos gears up to leverage Kommunitas’ Official Launchpad to create its highly anticipated public launch. The platform launches a presale for community engagement and to attract mass interest. Across the Kommunitas ecosystem, the users get benefitted from the decentralized gaming infrastructure. Hello $KOMmunity!It’s time to get ready for the @Polemos_io Public Sale on Kommunitas Launchpad.Here’s the detail:🔹 Voted users: Check your Booster 1 allocation by connecting your wallet here: https://t.co/4HzZKIZUqw🔹 Staked but didn’t vote: You can still join in the… pic.twitter.com/Ebt08Pxxau — Kommunitas Official (@kommunitasnet) June 20, 2025 The platform aims to empower users by providing them with an opportunity…
U.S. President Donald Trump’s social media company, Truth Social, is wasting no time in trying to launch a spot bitcoin BTC$104,237.83 exchange-traded fund (ETF). Crypto asset manager Yorkville America Digital, who is sponsoring the fund, filed an S-1 document with the Securities and Exchange Commission (SEC) on Thursday, just two days after filing a 19b-4 document. Typically, issuers upload the S-1, a document used to register an offering of asset-backed securities, first. The listing exchange then files a 19b-4 — necessary to propose a rule change by a self-regulatory organization (SRO), after. But NYSE Arca, an arm of the New…
Crypto venture firm Paradigm has announced an exclusive $15 million investment in MegaETH-based decentralized exchange (DEX), Global Token Exchange (GTE). GTE touts itself as “the world’s fastest decentralized trading venue” and is a centralized limit order book (CLOB) DEX that is live on the MegaETH testnet. In addition to its derivatives offerings, GTE also includes a fair launch token launchpad for assets such as memecoins, the GTE launchpad, which features deep liquidity for established projects that expect to begin trading at a high market capitalization, and an in-house automated market maker (AMM) for on-chain spot trading. The latest raise marks…
A major Ethereum whale has made headlines after investing $73 million into ETH, defying the ongoing market downturn. According to blockchain data provided by Lookonchain, wallet address 0xd8d0, which previously profited over $30 million from Ethereum, has once again entered the market, acquiring 30,000 ETH during the recent price dip. Since June 11, the whale has spent approximately 295 million USDC to accumulate a total of 115,465 ETH at an average price of $2,555. However, with Ethereum currently trading at $2,444.91 (a 4.14% decline in the past 24 hours), the whale is temporarily down around $15 million. Ethereum ETFs see…