Author: NBTC

Shares of SharpLink Gaming (SBET) slipped 30% in early trading Monday, giving back a small bit of last week’s 2,000% surge. The historic move higher — the stock moving from less than $3 to above $100 at one point — came following news that Sharplink was raising $450 million to launch an ether ETH$2,506.40 treasury strategy, with ether co-founder Joseph Lubin to join the company board as chairman. The company Monday morning announced the closing of that fundraising. SharpLink sold 69 million shares to raise the capital. Pharmaceutical entrepreneur Martin Shkreli last week noted that most of those shares can’t…

Reece Merrick, the Managing Director of Middle East and Africa at Ripple, has taken to the X social media network to address one of the common misconceptions surrounding the XRP cryptocurrency. According to Merrick, the common one is that Ripple and XRP are believed to be the same thing. Some media outlets and even major exchanges have struggled to distinguish between Ripple and XRP. In 2019, for instance, Kraken was slammed by the XRP community for misnaming the token. “It’s irresponsible when exchanges misrepresent digital assets in this way,” Ripple CTO David Schwartz tweeted. As reported by U.Today, XRP recently…

Although the Republican Party under President Trump is spearheading US crypto adoption, many firms are actively courting the Democrats. This bipartisan approach aims to cement long-term gains in the event of political changes. Both the industry and the Democratic Party have reasons to reach out to the other. However, progressive opposition to Trump’s crypto scandals could create cracks in this coalition. The Need for Bipartisan Support is Critical Crypto regulation is a hot topic in the US, especially as President Trump has made it a cornerstone of his agenda. Before the 2024 election, Kamala Harris showed tepid support for the…

South Korea’s leading cryptocurrency exchange Bithumb has announced that it will list its Spark (SPK) token on the KRW (Korean Won) trading pair on June 17, 2025. Bithumb to List Spark (SPK) Token on KRW Market According to the statement made by the stock exchange, the SPK token will be supported via the Ethereum network and transfers made from other networks will not be accepted. The transaction opening will take place at 19:00 and SPK deposit-withdrawal transactions will be activated within 2 hours from the announcement publication. Listing Details: Supported Market: KRW (Korean Won) Supported Network: Ethereum Transaction Start: June…

Bitcoin and top altcoins like Venice Token, Kaia, Ravencoin, Fartcoin, and SPX6900 rose on Monday as U.S.-China trade talks got underway. Bitcoin (BTC) climbed to $108,000, its highest level since May 29, marking a 7.55% gain from its monthly low. Venice Token (VVV) rose to $3.52, sharply up from this month’s low of $2.56. Similarly, Kaia (KAIA), Ravencoin (RVN), Fartcoin (FARTCOIN), and SPX6900 (SPX) jumped by over 10% on Monday. This surge brought the market capitalization of all coins to over $3.35 trillion. The likely catalyst was the easing of trade tensions between the United States and China, with negotiations…

The golden cross, one of the most potent bullish technical configurations in trading, is currently being displayed by Ethereum. ETH might be positioning itself for a long-term rally toward the $3,000 mark as the 50-day EMA is almost above the 200-day EMA. The golden cross is a long-term momentum indicator that is frequently interpreted as a sign of surging volatility and momentum on both conventional and cryptocurrency markets. Ethereum is still above a rising support trendline that has served as a base since late April according to the price chart. Although the price momentarily fell twice below the 26-day EMA,…

Frankfurt-based 21X, a venue for trading tokenized stocks, bonds and funds regulated by Germany’s financial watchdog BaFin, has integrated Circle’s USDC stablecoin as a key settlement currency on the platform. The USDC integration is part of 21X’s mission to build a multi-currency, MiCA-aligned, open market environment for institutional trading of tokenized securities, the company said on Monday. Tokenization is where traditional finance dips its toe into the public cryptocurrency arena. Circle, which is soon to list on the New York Stock Exchange, is the obvious choice when it comes to an issuer of stablecoins for a highly regulated European utility…

A whale is selling $LINK tokens to take profits. Between March 24, 2023, and March 25, 2024, the whale took out 1.75 million tokens, which are worth almost $12.3 million, from the Kraken exchange. After more than a year, 0x7fBB is now taking advantage of the recent rise in market prices. Whale 0x7fBB recently started selling $LINK for profit!Between Mar 24, 2023 and Mar 25, 2024, the whale withdrew 1.75M $LINK($12.3M) from #Kraken at an average price of $7.03 and held for over a year.Since May 27, he has deposited 403K $LINK($5.87M) to #Binance and still… pic.twitter.com/m3ReQ95bRa — Lookonchain (@lookonchain)…

Enterprise blockchain company Ripple has filed a supplemental letter in support of its motion for an indicative ruling. Ripple argues that approving the recently negotiated settlement would place the company “on more comparable footing” compared to other industry participants. “…the settlement would also place Ripple on more comparable footing with other industry participants whose cases were dismissed much earlier in their lifecycle as a matter of SEC discretion,” the letter said. The SEC previously dismissed cases against such major players as Coinbase and Kraken. When it comes to Ripple, the SEC agreed to slash the company’s penalty to $50 million…

Within the scope of cryptocurrency regulation studies carried out in Türkiye, many obligations have been imposed on crypto exchanges, such as the obligation to register with the CMB. In this context, while there are only two weeks left until the deadline to fulfill the requirements of the CMB’s secondary regulations, sad news came from a well-established stock exchange. Bitfinex, which is among the important exchanges like Binance Türkiye in the “List of Active Exchanges” published by the CMB, has decided to withdraw from Türkiye. Accordingly, Bitfinex, one of the most important and largest exchanges globally, officially announced that it has…