Author: NBTC

H.C. Wainwright, one of the most prestigious financial firms in the U.S., upgraded Galaxy Digital’s price target to $39. Mike Novogratz’s Galaxy Digital Holdings is riding high ahead of its uplisting on Nasdaq. On Wednesday, May 14, financial firm H.C. Wainwright reaffirmed its Buy rating on Galaxy Digital, raising its price target from $30 to $39. The crypto financial services and AI infrastructure firm, owned by billionaire Mike Novogratz, currently trades at $32.09 per share. The decision came despite underwhelming financial results for the first quarter of 2025, when the firm posted a $295 million net loss. These were, as…

Alliance DAO’s Qiao Wang, seasoned cryptocurrency analyst and co-founder of Messari, shared the statistics of founders applying for funding to his fund in 2022-2025. Ethereum (ETH) is losing its dominance for 30 months in a row — and the community is surprised by the names of some other top popular blockchains. “Momentum favors Solana”: Crucial metric highlighted by Qiao Wang When it comes to the number of projects asking for funding in Alliance DAO, Solana-based and Ethereum-based protocols are competing nose-to-nose in 2025. At the same time, Solana’s (SOL) metric is getting traction and Ethereum (ETH) might soon lose its…

Binance, a leading cryptocurrency exchange, has seen a significant increase in trading volume. The spot volume on Binance surpassed $15 billion every day, while the futures market surpassed $65 billion on average. The exchange remains the most influential player in the world of cryptocurrency exchanges. Binance’s growing popularity of the DEX trading channel highlights its success. BSC has emerged as the leading blockchain in terms of daily trading activity. In a single week, over $21.7 billion was traded on DEXs, a 102% increase compared to the previous week on BSC. On @binance daily spot volume is over $15Billion,while on futures…

CEO of Strategy (former MicroStrategy) Michael Saylor just sent another unmistakable signal in a recent post featuring a glowing, Bitcoin-branded train. The entrepreneur made it clear – now’s the time to get on board. Saylor’s message goes far beyond one more purchase. He is now aiming to raise a total of $84 billion by 2027 – all booked for further BTC acquisitions. After announcing a $21 billion equity offering, Strategy has $57 billion left to go. It is a capital plan that mirrors the scale of the U.S. Treasury bond issuance – and a level of conviction few public companies…

U.S. stock markets closed mixed on Wednesday as investors extended a rally sparked by easing trade tensions between the U.S. and China. The S&P 500 edged up 0.1%, the Nasdaq rose 0.57%, and the Dow Jones Industrial Average declined 0.21%. Technology stocks drove the gains. Nvidia climbed over 3% after announcing it would send 18,000 AI chips to Saudi Arabia. AMD gained more than 4% following a $6 billion share buyback. The Nasdaq is now up more than 6% this week, while the S&P 500 and Dow have gained 4% and 1%, respectively. You might also like: XRP takes real…

Dogecoin (DOGE) has seen a 41% increase in activity in the last 24 hours as DOGE whales sustained their massive transactions trend in the cryptocurrency market. IntoTheBlock data shows these large holders have transacted over 60 billion DOGE within this period. Whale activity hits seven-day high amid DOGE market uncertainty Notably, a total of 60.9 billion DOGE were moved by whales as the market saw a boost in trading activity. This volume marks a seven-day high for the canine-themed meme coin. DOGE’s seven-day low figure stands at 12.97 billion DOGE. The data highlights how whales have performed in the crypto…

Thumzup Media Corporation has filed an amendment to its universal shelf registration with the SEC, increasing the potential total offering amount from $200 million to $500 million. The company says the expanded registration is intended to support working capital needs and further its Bitcoin (BTC) reserve strategy. The amended Form S-3 filing would give Thumzup the ability to raise up to half a billion dollars over the next three years through the issuance of various securities, including common stock, preferred stock, warrants, debt securities, and other instruments. The registration is not yet effective, and no securities are being offered at…

Cantor Fitzgerald Chairman Brandon Lutnick personally verified Tether’s reserves when the firm began its relationship with the stablecoin giant, he said on Wednesday at Consensus 2025 in Toronto. The 27-year-old said that in the early days of Cantor Fitzgerald and Tether’s relationship, there were “a lot of rumors” that Tether didn’t have the assets it claimed to have, referring to then-rampant speculation that Tether was not fully backed. New York Attorney General Letitia James alleged in 2019 that Tether had a nearly $1 billion hole in its books, though the regulator later settled these allegations with Tether and its sister…

In a surprising turn of events, dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 228% surge in large transaction volume, a metric indicative of whale activity. According to IntoTheBlock data, Shiba Inu’s large transaction volume surged 228.41% in the last 24 hours to reach $17 million or 1.27 trillion SHIB in crypto terms. Large transactions refer to those greater than $100,000, and a surge in volume of these transactions might suggest whale activity, either buying or selling. Following a steady drop in large transaction volume since April 28, Shiba Inu surged at May’s start, rising from 383.55 billion SHIB to…

Jimmy Chanos is dumping MicroStrategy (now rebranded to ‘Strategy’) shares and just straight up buying Bitcoin instead. Speaking to CNBC’s Scott Wapner during the Sohn Investment Conference in New York on Tuesday night, Jim explained he’s selling the company’s stock and buying the crypto directly because the tactic used by Strategy is overpriced and built on inflated assumptions. Jim, who used to run Kynikos Associates and now advises institutional investors from his family office, explained that Strategy’s business model no longer looks like real software. The company, run by chairman Michael Saylor, has turned into a public wrapper around a…