Author: NBTC
Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility Breeds Opportunity Applied Digital posted the largest single-day gain among bitcoin miner-exposed equities, climbing more than 22% to close at $6.83. Bitdeer Technologies Group followed with a 10.63% advance to $15.19, while Hut 8 Corp. rose 9.95% to $17.13. IREN Limited gained 8.52%, and Riot Platforms added 5.17%. Cleanspark, MARA Holdings, and Galaxy Digital posted more modest daily increases, while Northern Data AG was nearly flat. Looking at weekly performance, Applied Digital also led the pack with a 28.62% increase…
Dubai’s crypto regulator Virtual Asset Regulatory Authority (VARA) has updated its rulebook for digital asset trading. The emirati regulator has introduced greater leverage controls and collateralization requirements through provisions in its Broker-Deal and Exchange Rulebooks. This will help VARA’s rules to align with global risk standards, the regulator said in an emailed announcement on Monday. VARA has also introduced sections of its rulebook to properly oversee areas of the crypto industry that were previously lightly regulated, such as broker-dealers and wallets. The rules previously laid out by VARA have helped establish the city as a crypto hub, winning praise from…
Four years after attracting $203 million in NFT land sales, Ethereum game Ember Sword has shut down, with developer Bright Star Studios citing a lack of funding required to continue its operations. It’s the latest example of a growing trend of crypto games closing up shop. “We were ultimately unable to secure the funding needed to continue,” the game’s official site now reads. “We explored every possible way forward. But in today’s market—where even some of the most promising projects are shutting down—we couldn’t find a path to keep building.” Massively multiplayer online role-playing game (MMORPG) Ember Sword rose to…
Alchemy Pay, a renowned platform offering a gateway for fiat-crypto payments, has announced its latest collaboration with Story, a well-known intellectual property (IP) blockchain platform. The partnership aims to enhance the accessibility of the Story ecosystem among everyday consumers. The platform disclosed this noteworthy partnership in a recent social media post. We’re proud to integrate with @StoryProtocol, the world’s IP blockchain to power a fiat onramp.This includes support for Visa, Mastercard, Apple Pay, Google Pay, local mobile wallets, and bank transfers across 173 countries.Protecting, licensing, and monetizing your IP just… pic.twitter.com/NerRY9cwEX — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) May 21,…
Robert Kiyosaki, a renowned investor, financial education advocate, and the author of the classic book on finance management “Rich Dad Poor Dad”, has addressed the community with an important message about the current market state and Bitcoin. He also shared a bullish price prediction about an asset which he considers to have a similar massive potential as BTC in the future. Biggest stock market crash in history Kiyosaki admitted that he might be repeating himself, however, he reminded the community about the prediction he made in his other book, the one called “Rich Dad’s Prophecy.” In it, he predicted that…
TD Sequential signals possible trend exhaustion near $2,500 after recent ETH rally Resistance seen near $2,530 with support holding at $2,500 amid flat volume ETH remains 48.68% below ATH despite rebound from sub-$1,800 levels earlier this month Ethereum’s recent upward momentum may be losing strength, with technical indicators suggesting a possible short-term correction. A sell signal triggered by the TD Sequential indicator on the 3-day chart has drawn attention from analysts, as ETH trades just above a key support level following a brief rally. Analyst @ali_charts shared a May 17, 2025, chart showing a completed “9” count on the TD…
Despite the geopolitical tensions from the U.S. trade war causing a decline in most liquid tokens, venture capitalists continued to focus on the core utility of cryptocurrencies, particularly stablecoins. VCs’ Growing Positive View of Stablecoins Although the geopolitical tensions sparked by the U.S. trade war resulted in a quarter-long giveback of gains across most liquid tokens, venture capitalists (VC) were still seeking out crypto’s core utility rails. This interest is evidenced by the growth of the stablecoin market capitalization by $25 billion to $227.1 billion, even as token prices retreated. According to the latest Pitchbook report on crypto VC trends,…
IOTA Foundation has revealed its readiness to work with Australian regulators on crypto compliance initiatives. Crypto regulation is taking a new shape as adoption skyrockets. The IOTA Foundation has called for a balance between innovation and regulation in Web3. The Foundation gave this disclosure in response to Australia’s proposed Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) reforms. With the new proposal, Australia aims to update outdated rules for the digital age. IOTA Advocates for Flexible Crypto Regulations The IOTA Foundation explained in a blog post that it envisages a Web ecosystem where compliance and decentralization thrive together. The Foundation supports…
The long-running Ripple vs SEC battle might finally be wrapping up this year. With settlement talks and a critical SEC meeting this week, the stakes are higher than ever for XRP. Here’s a quick rundown of where things stand, what’s next, and why this week could be crucial for XRP. 2024 – SEC Files For an Appeal To the Second Circuit Last year, the SEC had filed an appeal to the Second Circuit Court of Appeals, challenging a federal judge’s ruling that Ripple’s programmatic sales of XRP to retail customers did not violate securities laws, while institutional sales did. January…
After four years of watching Web3 games struggle to find their audience, Yield Guild Games decided the industry had to rethink how it matches players with the kind of games they’re actually in for: lighthearted chaos, in a “casual degen” vibe. Instead of chasing broad mainstream adoption, the gaming guild launched YGG Play, a new game publishing unit dedicated to games that embrace the degen culture, with LOL Land, a web browser-based game explicitly designed for crypto-native players who live in the proverbial trenches. “People play casual games on their phones while commuting, waiting in line, or taking a break,”…