Author: NBTC
Strategy (formerly MicroStrategy) is on a wild ride as it runs up by 119% over the past year. Mostly seen as the Bitcoin proxy stock now boasts a staggering $101 billion market cap. However, its recent bet on Bitcoin might have opened a crack beneath the surface. 10X Research warns that Strategy’s days of high-flying volume may be over. Retail traders who were chasing the rally could soon shift toward even riskier, more volatile names like Metaplanet. This comes in when BTC went on to hit a fresh all-time high (ATH) of over $111,900 on May 22 before tracing back…
Byte has grown in popularity over the past few months after becoming the first fully AI-generated meme coin. Grok, the AI model developed by Elon Musk that launched BYTE, holds a little over a fourth of the token’s supply. Even under command, Grok will not sell off its BYTE holdings. BeInCrypto spoke with BYTE and Cliza Systems representatives to understand the mechanisms that led to BYTE’s creation and how its developer wallet is managed to avoid scams or rug pulls. BYTE: From a Simple Question to a $4 Million Market Cap Token BYTE made headlines in March for becoming the…
The White House’s top cryptocurrency official has declared that the proposed stablecoin legislation could unlock trillions of dollars in value for the US Treasury. During an interview on Wednesday, David Sacks, President Donald Trump’s top crypto and artificial intelligence advisor, made the bold prediction. “If we provide the legal clarity and legal framework for this, I think we could create trillions of dollars of demand for our Treasuries practically overnight, very quickly.” Sacks said in an interview. The targeted legislation is the GENIUS Act, which is short for Guiding and Establishing National Innovation for US Stablecoins. It would seek to…
Cryptocurrency analyst The DeFi Investor shared with his followers the important developments to pay attention to as we enter the new week. Here is The DeFi Investor’s crypto watchlist for the week starting May 26: KAITO: New airdrop announcements for KAITO investors are expected next week BTC: US Vice President JD Vance will attend the biggest Bitcoin conference of the year to be held on May 28. VIRTUAL and AI-focused tokens: NVIDIA’s earnings announcement on May 28 could have an impact on AI-themed projects. RUNE: Thorchain’s new App Layer structure has begun rolling out. FTT: A total of $5 billion…
Alec Bakhounche, the account executive at Bitcoin-focused investment firm Swan, has highlighted eight major Bitcoin 2025 price predictions from prominent institutions. Bitcoin is on the rise, and so is the optimism around the asset and the crypto industry in general. With the resistance between $94,000 and $96,000 off the narrative and the euphoria phase kicking in, market observers are expectant of new all-time highs. Amid this anticipation, Bakhounche has compiled major price predictions for the pioneering cryptocurrency for the year. Interestingly, these projections are not from mere analysts but prominent institutional players. Standard Chartered Predicts Bitcoin to $200,000 For instance,…
During a Sunday ask-me-anything (AMA) session on YouTube, Cardano founder Charles Hoskinson downplayed the antitrust concerns surrounding Ripple’s potential acquisition of Circle. Hoskinson spoke favorably of a potential deal, arguing that it would ultimately make the crypto space better. “I think it would make the space better. There’s like this Coinbase-a16z-Circle mafia where they’ve built an ecosystem, and it’s self-serving in that ecosystem, and if you are outside of it, you get completely blacklisted, and it’s hard to get listed, it’s hard to get liquidity, and it’s hard to get a stablecoin,” he said. Ripple and XRP could break apart…
The Genius Act just cleared cloture in the Senate, but does this really mark the start of coherent U.S. crypto regulation? Table of Contents Senate pushes through cloture, jumpstarting the stalled Genius Act vote The US stablecoin bill promises clarity Stablecoin issuers prepare for impact under the US stablecoin bill Criticism rises as the crypto stablecoin bill senate vote draws attention Senate pushes through cloture, jumpstarting the stalled Genius Act vote After months of political back-and-forth, the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025, or the GENIUS Act, has cleared one of its most important hurdles.…
Introvert Coin leads with 1,508% surge and 27K traders in under 12 hours. All top 10 Solana tokens on DEXScreener launched via Pump.fun. KING tops market cap at $12.5M while moonelon drops 77.64% in 24 hours. A rise in volatile trading has shifted attention to Solana-based meme tokens, with all top 10 trending assets on DEXScreener in the past 24 hours launched through Pump.fun. The surge shows a market trend dominated by aggressive short-term activity, with large volumes and extreme price movements defining the day’s trading. Introvert Coin (INTROVERT) led the charge, marking the highest gain across the platform and…
A recent unexpected move by Bitcoin completely changed the mood of the market almost immediately. In one of the biggest one-day turnarounds in recent weeks, spot Bitcoin ETFs saw a whopping $422 million in net inflows on May 1. BlackRock’s IBIT led the charge with $351 million, demonstrating that institutional confidence is still very much alive and well despite subdued flows from last week. The technical performance of Bitcoin is in line with this ETF-driven surge. Bitcoin is currently trading at about $96,681, above all three of the major moving averages: the 50 EMA, 100 EMA and 200 EMA. As…
Former BitMEX CEO Arthur Hayes, known for his bold predictions for the Bitcoin and cryptocurrency markets, has announced his new Bitcoin (BTC) and Ethereum (ETH) predictions. Speaking recently on the Bankless YouTube channel, Arthur Hayes detailed the strategy of his company, the Maelstrom Fund, and while he expects a strong rally in Bitcoin, he warned that there will be a sharp correction before the 2025 peak and announced his Ethereum price forecast. First, Hayes said that the Maelstrom Fund is largely backed by two major cryptocurrencies. Stating that these are Bitcoin and Ethereum, Hayes said that they consist of 60…