Author: NBTC
U.S. stocks opened mixed on Friday, with the S&P 500 looking to clock a fifth consecutive day of gains. As markets opened for the final trading session of the week, Wall Street saw the S&P 500 rise 0.1% to hover near 5,920. The benchmark index, which has posted four straight days of gains, could notch a fifth consecutive win to bolster investor confidence. The S&P 500 is up 4.5% over the past week. Notably, it continues to rally after erasing all of its 2025 losses. The Dow Jones Industrial Average and the Nasdaq Composite showed mixed performance. In early trading,…
Blockchain sleuth Whale Alert has spotted a large cryptocurrency transfer carrying almost 70 million ADA. It was a withdrawal from the largest U.S.-based cryptocurrency exchange, Coinbase, which has recently been added to the S&P 500 index. The aforesaid blockchain tracking platform noticed 68,769,654 ADA transferred from Coinbase to an anonymous blockchain address. This amount of Cardano-affiliated cryptocurrency is the equivalent of $52,966,118 in fiat. The transaction took place slightly over an hour ago. Over the past 24 hours, Cardano’s native token, ADA, has lost 7.7%, falling from $0.8293. By now, it has logged a small recovery of 1.5% and is…
Bitcoin was priced at $95,426 on May 4, 2025, with a market capitalization of $1.895 trillion. Over the past 24 hours, it recorded a trade volume of $13.546 billion and fluctuated within a narrow intraday range of $95,415 to $96,493. Bitcoin The daily chart highlights a broader uptrend continuation following a significant rally from the recent low of $74,434. However, signs of local exhaustion are emerging. Three consecutive red candles near the resistance of $97,938 suggest short-term hesitation, especially as trading volume has declined—indicating waning bullish momentum. This divergence between rising prices and falling volume typically signals a possible retracement…
As President Trump alternates between tariff hikes and pauses, the United States continues to witness rising bond yields despite a decreased inflation risk index. These inconsistencies reveal deeper structural problems related to the US economy’s spending habits. Steve Hanke, Professor of Applied Economics at Johns Hopkins University, sat down with BeInCrypto to explore the underlying forces driving bond yields to new heights. The economist cited the US fiscal deficit, tariff uncertainty, and Congressional inaction as central contributors to the current economic outlook. Why Are Bond Yields on the Rise? Government bond yields have been in a fluctuating frenzy since President…
As speculation grows around a potential BlackRock XRP ETF filing, industry expert Vandell Aljarrah suggests the asset manager clearly wants to enter the market. However, Aljarrah, who is the co-founder of Black Swan Capitalist, issued a warning to investors about this potential development. He suggested that the anticipated move is less about enhancing crypto adoption and more about profit and control by institutional players. BlackRock Wants an XRP ETF, But There’s a Catch In a recent post, Aljarrah stressed that investors should not automatically equate an XRP ETF with broader access to utility-driven crypto adoption. He argued that while the…
Avalanche shooter Off the Grid has slowly started to shift its player base onto the GUNZ mainnet, where they can trade in-game items for GUN tokens. Even with approximately 0.13% of its player base now able to trade items, the marketplace is heating up, with some items going for thousands of dollars’ worth of crypto. This all comes as the hit battle royale shooter plots its June expansion to PC platform Steam—a marketplace that banned blockchain games from the platform in 2021. That said, Off the Grid is also on PlayStation and Xbox, despite those platforms also apparently not allowing…
Lebanese-American essayist and statistician Nassim Nicholas Taleb has lambasted Bitcoin as a “technological tulip,” refusing to back away from his long-standing criticism of the leading cryptocurrency. 4 years ago I wrote the Bitcoin Black Paper. It is about its lack of fitness in becoming a transactional currency.4 years later, it is still not used as a currency, just as a technological tulip. pic.twitter.com/GcFhkpsGm4 — Nassim Nicholas Taleb (@nntaleb) May 3, 2025 Taleb, who is best known as the author of “The Black Swan,” published a scathing anti-Bitcoin paper, which riled up many supporters of the nascent asset. The famed statistician…
Amid the shifting regulatory landscape, crypto firms are expanding their US footprint and ramping up hiring across policy, compliance, and go-to-market roles. Companies looking to capitalize on US opportunities are hiring policy and compliance pros, as well as leaders focused on “go-to-market” strategies, recruiters told Blockworks. Wintermute became the latest to reveal a new US headquarters on Thursday. The crypto-focused trading firm’s New York office will focus on business development and partnerships, a spokesperson told Blockworks — with managing director David Micley leading those efforts. Ron Hammond, a former government relations director at Blockchain Association, is set to lead Wintermute’s…
Earlier this year, IOTA announced the introduction of the Business Innovation Program (BIP) as part of its plans to support organizations working on real-world solutions. On May 14, IOTA unveiled its first group of participants, consisting of three organizations that are already using the platform to solve global problems in the areas of digital identity, product data integrity, and sustainability. Orobo is one of the first three participants selected for the BIP. Orobo is building infrastructure that meets Europe’s future sustainability requirements. The company is known for its Digital Product Passport platform, which helps manufacturers track the entire lifecycle of…
TaskOn, a well-known platform devoted to the growth of Web3 community, has commenced a new partnership with Boikers, a rapidly advancing parody cryptocurrency game in the Web3 sector. The collaboration focuses on unlocking new avenues in interactive gaming, reward-led participation, and quest-based engagement. The platform disclosed this endeavor in a recent post shared on its official X account. We’re thrilled to announce our partnership with @BoinkersIO, the parody crypto game where players chase the absurd dream of farming $BOINK.Built by ACID Games, Boinkers is part of a growing empire of instant social games on superchat apps like Telegram, Discord, and…