Author: NBTC
President Donald Trump is doubling down on crypto in his May fundraising push—combining a traditional $1.5 million-per-plate dinner with a blockchain-fueled gala for top $TRUMP token holders. This dual-track strategy blends old-money political finance with memecoin access, channeling millions into MAGA Inc. while raising fresh concerns over transparency, donor anonymity, and the ethics of tokenized influence. One event targets Trump’s legacy network of political donors through conventional fundraising; the other leverages digital asset holdings as a new gateway to power. Together, the two events signal how deeply cryptocurrency is being integrated into U.S. campaign mechanics and how Trump is positioning…
The S&P 500 is heading toward a new high, and Bitcoin is the one showing the way. That’s what Tom Lee, head of research at Fundstrat Global Advisors, laid out during a market segment this week, where he broke down why he thinks the rebound in crypto points directly to more upside for equities. This came as investors braced for the Federal Reserve decision, while stocks pulled back slightly on Monday. Tom said the bottom was already in. He reminded viewers that he’d called 5500 for the S&P 500 weeks ago, and the market hit that without resistance. “Bitcoin is…
The trading platform Ox.fun, associated with Three Arrows founder Su Zhu, allegedly increased the supply of OX tokens from approximately 4 billion to nearly 9.8 billion without making an official announcement. Following the collapse of Three Arrows Capital (3AC), Su Zhu faced imprisonment, further fueling concerns about Ox.fun’s credibility. However, subsequent details offer additional context. Ox.fun Increases Total Supply of OX Tokens According to posts on X, users accused Ox.fun of discreetly increasing the total supply of OX tokens from around 4 billion to more than 9.8 billion without prior disclosure. Data from Ox.fun’s official dashboard and Etherscan, a reputable…
RLUSD’s rise may limit XRP’s role to transaction fees and may impact its market value. As RLUSD rises, Schoen predicts the change will further impact XRP’s future functioning. CEO Brad Garlinghouse insists XRP and RLUSD coexist, even after stablecoin’s popularity grows. Ripple’s new stablecoin RLUSD is quickly gaining ground and it’s stirring up serious questions about XRP’s future role in the ecosystem. While Ripple maintains that both assets serve different purposes, some analysts aren’t convinced. Is RLUSD just a helpful addition, or is it quietly edging XRP out of the spotlight? Let’s unpack what’s going on. RLUSD Takes Center Stage,…
The price of Bitcoin has surged past $104,000 this morning, and it’s no accident. A mix of surging institutional inflows, record-breaking ETF momentum, and growing corporate adoption are fueling this rally. Here’s what’s helping contribute to the rising price of Bitcoin. JUST IN: #Bitcoin hits $104,000 pic.twitter.com/YMbyi3cZq2 — Bitcoin Magazine (@BitcoinMagazine) May 9, 2025 Big institutions like banks, asset managers, and even some companies are putting money into Bitcoin through ETFs (exchange-traded funds). On Wednesday, James Seyffart of Bloomberg ETF Research reported that spot Bitcoin ETFs have officially hit a new all-time high in lifetime flows, reaching $40.33 billion, according…
Leading Trade Transformation for Good TL;DR:The IOTA Foundation and five global partners have officially launched the TWIN Foundation. With a focus on responsible governance, technical standards, and ecosystem growth, the Foundation will steward the Trade Worldwide Information Network (TWIN), a decentralized, open-source infrastructure designed to make global trade more efficient, transparent, and inclusive. We’re excited to announce the formation of the TWIN Foundation, unveiled today, May 8th at the AfCFTA Digital Trade Forum in Lusaka, Zambia. This marks a major milestone for the Trade Worldwide Information Network (TWIN) initiative and a leap forward in the development of a more inclusive,…
Amid the ongoing crypto bull run, with Bitcoin surpassing $104,000, the leading cryptocurrency has seen an growing demand among institutional investors, according to an X post from Bitwise CIO Matt Hougan on Friday. Year-to-Date BTC Supply/Demand UpdateNew Supply>> 58,109 BTCNew Demand>> Public Companies: 161,203 BTC>> ETFs: 52,077 BTC>> Governments: 14,006 BTC — Matt Hougan (@Matt_Hougan) May 9, 2025 Bitcoin institutional adoption spikes Matt Hougan shared surprising data, showing that the Bitcoin YTD demand among public companies, ETFs and governments has surpassed the 58,109 BTC new supply by over three times. TWEET: https://x.com/Matt_Hougan/status/1920854621414977556 Per the post, a total of 227286 BTC…
Today, Hedera unveiled a strategic rebrand that consolidates its major entities under a unified brand architecture, streamlining how developers, institutions, and partners engage with the network.—What’s New?The HBAR Foundation has reintroduced itself as Hedera Foundation, now led by Charles Adkins, formerly of Aptos and Polygon Labs. Simultaneously, the Hedera Governing Council will now operate as the ‘Hedera Council’, with Tom Sylvester stepping in as President and Mance Harmon, Hedera’s co-founder, taking on a two-year term as Chair beginning July 1. Together, these changes represent more than a facelift—they reflect Hedera’s maturing ecosystem, its increasing institutional relevance, and its commitment to…
The team at BTC Inc. is proud to announce that U.S. Vice President (VP) JD Vance will address the Bitcoin 2025 conference from the main stage of the event on May 28 at 9:00 AM PST. VP Vance’s keynote will be delivered to tens of thousands of attendees at The Venetian Las Vegas as part of the “Code + Country” programming track for the conference. The address will also be streamed globally via Bitcoin Magazine’s media channels and X account. In making this address, VP Vance will become the first ever U.S. vice president to make a public address in…
Panos Mekras says the XRPL needs high-quality assets like stablecoins and RWAs to fix stagnant AMM liquidity despite rising pool count. Notably, as of May 7, 2025, XRPL’s automated market maker (AMM) ecosystem has recorded a rapid increase in the number of liquidity pools, reaching 19,782. However, XRP liquidity across these pools has remained stagnant since early 2025, hovering around 13.39 million XRP. The disparity between pool creation and actual capital inflow has raised concerns within the XRPL community. Panos Mekras, co-founder of Anodos Finance, highlighted the issue on X, noting that while token and pool numbers have surged, meaningful…