Author: NBTC
Crypto veteran Anthony Pompliano has identified a rare buying opportunity for less-experienced crypto investors as the crypto market experiences high volatility today. Pompliano has considered this moment a classic buying opportunity, particularly for small investors, as he urges them to move in contrary directions from professional investors. Golden buy signal as bears take over In an X post shared on May 5, the crypto bull issued an uncommon opinion suggesting that now is the best time to buy crypto as bears are increasingly taking over the crypto market. Pompliano emphasized that bearish sentiments among pro-crypto investors have surged to a…
Tariffs continue to be in focus during today’s trading session, as Walmart and Home Depot shared differing views on their impact. U.S. markets are still assessing the effect of tariffs on consumers. On Tuesday, May 20, the Dow Jones was trading at 42,679.23, down 112.84 points or 0.26%. The S&P 500 was at 5,942.07, down 0.36%, while the Nasdaq stood at 21,353, down 0.44%. Just days after Walmart announced potential price hikes due to U.S. tariffs, Home Depot offered a different perspective. In its first-quarter 2025 earnings report, the home improvement giant stated that it plans to keep prices steady.…
Cardano continues to distinguish itself within the blockchain sector, emphasizing not only its advanced technology but also a core commitment to responsible and principled development, a vision consistently articulated by its founder, Charles Hoskinson. Recent activities underscore this dedication, including the successful audit of Masumi Smart Contracts by NMKR, an effort led by CEO Patrick Tobler and supported by TxPipe. This accomplishment serves as a testament to Cardano’s expanding ecosystem and its ongoing technical maturation. https://twitter.com/IOHK_Charles/status/1923345446614794414 Midnight and Brave Browser Partnership Aims for New Era in Data Privacy However, the bigger story lies in how Cardano’s privacy-focused sidechain, Midnight, is…
Russia is preparing a bill that would specify the requirements and procedures for the confiscation of digital assets, taking into account the specific circumstances surrounding these actions. The Russian Ministry of Justice emphasized that anonymity and the lack of centralized control over these assets have hampered these efforts. Russia to Introduce Bill Specifying Procedures to Confiscate Digital Assets Russia is advancing in the digital assets regulation, preparing a bill that would regulate the confiscation of these assets. At the 13th St. Petersburg International Legal Forum, while examining the impact of new technologies in crime, the Ministry of Justice revealed that…
Sony, the Japanese electronics giant, announced the official launch of its blockchain mainnet, Soneium, on January 14. The platform aims to empower creators, such as artists, by fostering direct connections with their fans. Today is the day. Soneium Mainnet is LIVE! 💿Launched by Sony Block Solutions Labs (Sony BSL), a @Sony Group company, Soneium is a Layer 2 blockchain that empowers creators, fans, and communities to protect their rights, connect globally, and build an open internet that… pic.twitter.com/4pTxYdueHY — Soneium 💿 (@soneium) January 14, 2025 The launch builds on the success of the 2024 testnet, Soneium Minato, which processed over…
Economist and gold advocate Peter Schiff has intensified his criticism of U.S. President Donald Trump’s economic policies, particularly focusing on tariffs, fiscal management, and cryptocurrency initiatives. While he acknowledges that Trump’s presidency may have been preferable to alternatives like Kamala Harris, he argues that the administration’s economic missteps outweigh its accomplishments. Schiff objects to the extension of the 2017 Tax Cuts and Jobs Act, saying that it has led to a big rise in the US debt, which is now exceeding $36 trillion. Yesterday, he also criticized Treasury Secretary Scott Bessent for attributing the recent Moody’s credit downgrade to the…
USDT and USDC control over 85% of the $246.5B stablecoin market capitalization. DAI and USDe show high trading volumes despite relatively lower market capitalizations. Smaller stablecoins like USDO and USDY reflect increasing diversity in the stablecoin ecosystem. According to new data published by Phoenix Group, the total market capitalization of stablecoins reached $246.50 billion as of May 16, 2025. Stablecoins now account for 7.46% of the total crypto market, offering insight into the role these tokens continue to play in trading activity, liquidity provision, and decentralized finance systems. The report presents a detailed breakdown of the top-performing stablecoins by market…
The Australian Securities and Investments Commission (ASIC) is seeking leave to appeal a High Court decision that fintech company Block Earner’s Access product is not a financial product. The High Court in March 2024 dismissed ASIC’s allegations that Block Earner had engaged in unlicensed financial services by offering its decentralized finance (DeFi) product Access. ASIC is seeking clarification on how a financial product is defined which it feels should apply to all products whether they involve cryptocurrency or not. “The High Court will consider ASIC’s application on a date to be determined,” ASIC said in an announcement on Wednesday. The…
Usual stablecoin issuer just launched its USD0/USDC liquidity pool on Fluid DeFi protocol, allowing liquidity providers to earn dual yields from both lending and trading APRs. On May 19, an RWA-backed stablecoin protocol Usual announced the launch of its USD0/USDC liquidity pool on the DeFi protocol Fluid. The integration allows liquidity providers to earn lending APR, trading APR, and USUAL rewards on top. USD0-USDC DEX pool is now live on Fluid 🌊Deposit into the pool and earn lending APR, trading APR and $USUAL rewards on top.Boost your yields while backing @usualmoney USD0 liquidity pic.twitter.com/aswKVfaTu2 — Fluid 🌊 (@0xfluid) May 19,…
Wall Street’s momentum stalled Tuesday as investors pulled back from tech stocks and rising bond yields renewed pressure on equities. The Dow Jones Industrial Average fell 114.83 points, or 0.27%, while the S&P 500 dipped 0.39%, ending a six-day winning streak. The Nasdaq Composite slid 0.38% as chipmakers and megacaps retreated, led by losses in Nvidia, AMD, Meta, Apple, and Microsoft. The tech sector was the S&P 500’s worst performer, falling roughly 0.9%. The pullback follows a five-week rebound that lifted the S&P 500 more than 20% off its April low, driven by optimism around tariff de-escalation following President Trump’s…