Author: NBTC

U.S. Senator Dave McCormick, the former chief executive of massive hedge fund Bridgewater Associates, is putting his own cash into bitcoin (BTC) as the committee he’s on is at the tip of the spear for a legislative effort to regulate the digital assets industry. McCormick has made repeated recent investments in the Bitwise Bitcoin ETF worth hundreds of thousands of dollars, according to disclosures this week. Because of the ranges used in such lawmaker disclosures, the latest amounts invested last month can only be said to be between $310,000 and $700,000. The new investment follows McCormick’s disclosure of as much…

GameFi tokens such as $RENDER, $DARK, and $FLOKI were the most active, with interaction rates exceeding 100K daily. The GameFi market capitalization increased by 10.1% and reached $12.2 constant billion, while trading volumes totaled $3.1 billion. According to the blockchain analytics firm Phoenix Group, in collaboration with LunarCrush on April 23, 2025, the social activity of gaming tokens increased. DARK led the board in terms of user engagement, having mentioned more than any other hashtag, with over 706k interactions on 3,400 posts. TOP #GAMING PROJECTS BY SOCIAL ACTIVITY$RENDER $DARK $FLOKI $VOXEL $VRA $GALA $APE $MAGIC $IMX $NAKA pic.twitter.com/9q2QtPDhEv — PHOENIX…

Multichain decentralized exchange (DEX) PancakeSwap (CAKE) has achieved a major milestone, recording an all-time high of $205.3 billion in quarterly trading volume for Q1 2025. This marks the highest trading activity since the platform’s inception. In addition to the surge in trading volume, PancakeSwap has also seen a significant increase in user participation, with the number of unique traders reaching its highest level since Q4 2021. PancakeSwap Sets New All-Time High in Trading Volume BeInCrypto recently reported that PancakeSwap’s trading volume surged as high as $81.7 billion in February, marking the highest monthly trading volume since 2021. In January, the…

Although the Bitcoin market has faced challenges since the start of this year, new insights suggest a promising outlook for investors. According to new on-chain data from CryptoQuant, Bitcoin is showing signs that it could follow a familiar cycle observed during the 2024 correction. The analysis highlights the relationship between short-term holders and market direction. Notably, the key metric in focus is the percentage of Bitcoin held for one week to one month, which acts as a gauge of speculative activity. As the market rallies, this ratio tends to spike, often preceding a period of price consolidation or decline. This…

The images associated with multiple Ethereum NFT collections from the Nike-acquired RTFKT—which was shuttered late last year—stopped displaying early Thursday due to an alleged issue with cloud hosting service Cloudflare. The company’s flagship Clone X profile picture collection—created in collaboration with noted artist Takashi Murakami—and its Animus collections stopped showing their respective, colorful imagery, and instead all showed the same black background and white text as a result of its images being stored off-chain. “This content has been restricted,” the replaced images read. “Using Cloudflare’s basic service in this manner is a violation of the Terms of Service.” As NFT…

Voxel led April 19 with a 92.3% gain, topping the list of daily crypto market movers. Mid-cap tokens like ALPACA, ALEO, and GMT showed strong double-digit price increases. Binance dominated trading volumes for the day’s top-performing altcoins. Voxel (VOXEL) led the crypto market on April 19, 2025, with a 92.3% daily increase, closing at $0.042. According to data shared by Phoenix Group, the rally pushed the project’s market capitalization to $99 million, making it the strongest-performing token of the day. The price action was supported by a surge in trading volume on Binance, the primary exchange for VOXEL activity. The…

El Salvador’s Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating digital assets in the Central American nation, is seeking to establish a cross-border regulatory sandbox with the U.S. Securities and Exchange Commission (SEC). “We want to create international collaboration,” Juan Carlos Reyes, president of the CNAD, told CoinDesk in an interview. “Our biggest message is that digital assets don’t have any geographical barriers. Collaboration with regulators should not have international barriers either.” El Salvador is in a unique situation in that it did not boast of strong financial institutions, or even of an existing ecosystem of…

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Rizzo, the Bitcoin Historian here, back this week with the story of one of the younger Bitcoin legends — I’m talking about the one, the only Jack Mallers. If you’ve seen Jack in any of the dozens of interviews he’s given from his large, empty closet, you know he’s an eloquent defender of Bitcoin. You may not know his long road to becoming a successful entrepreneur. Before his work on Strike, he had a few Bitcoin startup ideas that didn’t quite work. Yet all that hard…

A recent announcement for the Private Dinner event for the top 220 holders of the TRUMP meme coin stated that if former President Trump does not attend, attendees may receive a limited NFT. This has sparked speculation about the event’s true purpose. Could it ignite a new market wave? New NFT Collection Launch at the TRUMP Gala Dinner? According to official details from the TRUMP meme coin team, the Trump Gala Dinner is an exclusive event for the top 220 holders of the meme coin. It will be held at Trump National Golf Club in Washington on May 22, 2025.…

A crypto debate is heating up over the huge number of tokens hitting the market. Widely followed crypto commentator “Lady of Crypto” expressed concerns about the number of unproductive crypto assets in circulation. Binance founder Changpeng Zhao (CZ) joined the conversation by stressing that innovation sometimes needs failure to succeed. He referenced Amazon’s rise, saying trial and error helped the e-commerce giant succeed. In a post on X, Lady of Crypto drew attention to the large volume of low-value tokens in the crypto space. “99.9% of cryptos should not exist. I hope they don’t come back after we recover,” she…