Author: NBTC
Binance saw an uptick in activity in the past month, with the biggest boost coming from the futures market. The clear bullish trend expanded demand for active trading with leverage, to make the best of the market’s direction. Binance is once again predominantly a futures market, increasing the ratio of futures to spot trading. The dominance of futures trading is near a 1.5-year high, reflecting the increased open interest for BTC and other active assets. The ratio increased vertically in the past month, reflecting the shift in sentiment and risk-taking. Binance carries $12.8B of the total BTC open interest, remaining…
Roughly 40 days ago, Bitcoin.com News disclosed that the Royal Government of Bhutan, via Druk Holding and Investments (DHI), had moved 600 BTC, and at the time, held a balance of 10,070 BTC. Since that report, Bhutanese officials have evidently parted ways with 2,584 BTC—shedding approximately $248 million in digital assets. Bhutan’s Bitcoin Hoard Shrinks In April, Bhutan, ranked fourth globally among sovereign bitcoin holders, trimmed its reserves. On March 24, Arkham Intelligence data showed the government’s bitcoin holdings at 10,070 BTC. As of now, that figure has dwindled to 7,486 BTC, currently valued at just close to $720 million.…
Meme coins somehow keep stealing the spotlight. Why? Because they are unpredictable, community-driven, and every now and then, someone strikes gold with a 1000x token that went viral on Twitter (excuse me, X!) overnight. But while most of this chaos has lived on Ethereum or Solana, there’s a new playground in town. And it’s called Hedera. With ultra-low fees (we’re talking fractions of a cent), lightning-fast transactions, and a growing number of meme coin launches, Hedera has quietly become one of the best places to trade memes in 2025. In this guide, I’ll show you how to dive into the…
INTO, a well-known Web3 platform powered by Matchain, has recently announced its exclusive partnership with UPay, a cutting-edge fintech firm providing secure and seamless payment solutions. The partnership intends to strengthen consumers with more effective, user-friendly, and accessible crypto transfers. The platform disclosed this collaboration on its official social media account. We’re excited to announce our partnership with @UPayOfficial_EN!UPay is transforming everyday transactions with a secure and seamless crypto payment solution. With the UPay Crypto Card, users can enjoy:•Effortless daily spending 💳•Smooth cross-border transactions •Easy… pic.twitter.com/OB6nSSELQ8 — INTO (@intoverse_) May 23, 2025 INTO and UPay Join Forces to Offer Seamless…
Bitcoin (BTC) price is showing renewed strength as it continues to push higher through key resistance levels. The price action confirms a breakout pattern that mirrors previous major rallies. Bitcoin price is trading above $94,000, supported by strong spot buying and rising institutional interest. Bitcoin Price Breaks Key Levels as Volume and Structure Support Bullish Case The Bitcoin price action has shown a series of higher lows and higher highs since the beginning of April. Trading volumes have risen steadily after each consolidation, indicating growing demand from both retail and institutional participants. A connecting bullish trend line is visible with…
Some Dogecoin (DOGE) community members are unhappy with one of its greatest supporters, Elon Musk. These community members have expressed concern and frustration over suspending Dogecoin-related accounts on X, a platform Musk owns. Account suspensions stir tensions in Dogecoin circles In a post by @BackToTheDoge, which was posted in reply to a call for support, the user highlighted how X has cracked down on community accounts supporting Dogecoin. He noted that the social media platform X, which Musk oversees, has suspended several accounts. According to BackToTheDoge, Musk and the X platform unjustly suspend users for using the Dogecoin name in…
Prediction marketplace Kalshi continues to broaden its crypto on-ramp, now enabling users to fund their accounts using Solana (SOL) after adding support for Bitcoin deposits, the company announced on X on Friday. The CFTC-regulated exchange and prediction market, which lets users trade on the outcomes of real-world events, initially accepted only USD Coin (USDC) for crypto deposits. However, it has expanded its crypto deposit options to include Bitcoin deposits via the native Bitcoin network since early April. Crypto deposits on Kalshi are facilitated through a partnership with Zero Hash, which handles the transaction process to ensure security and regulatory compliance.…
Bitcoin price resumed its upward trend this week as it crossed the important resistance at $97,000 and reached its highest level since February. Bitcoin (BTC) was trading around $96,500 at last check Saturday. That’s up 30% from the lowest in April. This article looks at some of the top three reasons it may surge to a new all-time high this year. Bitcoin supply in exchanges is falling The first main bullish aspect is that the supply of Bitcoin on exchanges has tumbled to 1.42 million, the lowest level in over six years. There are now 1.42 million coins on centralized…
Movement Labs, the scandal-plagued crypto startup backed by Donald Trump’s World Liberty Financial, quietly promised large stakes of its token to early insiders—undisclosed deals that now raise fresh questions about who really holds power behind the scenes. Even before its token launch, Movement Labs committed large portions of MOVE’s supply to a handful of early advisers — arrangements that were never disclosed to investors and only surfaced through internal documents reviewed by CoinDesk. Two business memos obtained by CoinDesk — one promising a single adviser nearly $2 million a year — show how Movement, founded in 2023 by two 20-year-old…
Binance (BNB), the world’s biggest cryptocurrency exchange by trading volume and user count, has launched a time-limited promo campaign on USD1, one of the largest stablecoins. All withdrawals of USD1 on BNB Smart Chain (BSC) will be fee-free. Binance (BNB) lifts fees on USD1 withdrawals According to the official statement by Binance (BNB) top crypto exchange, today, May 23, 2025, the unique stablecoin promo campaign kicks off. Fee-free withdrawals? Yes, please.Starting now, enjoy zero fees on USD1 withdrawals via BNB Smart Chain. https://t.co/hZM83Bx1JP — Binance (@binance) May 23, 2025 All of Binance’s (BNB) product users are now able to withdraw…